XRF Scientific Ltd
XRF Scientific Limited manufactures and markets precious metal products, specialized chemicals, and instruments for the scientific, analytical, construction material, and mining industries in Australia, Canada, and Europe. It operates through Capital Equipment, Precious Metals, and Consumables segments. The Capital Equipment segment manufactures sample preparation products and analytical instrume… Read more
XRF Scientific Ltd (XRF) - Net Assets
Latest net assets as of December 2025: AU$61.36 Million AUD
Based on the latest financial reports, XRF Scientific Ltd (XRF) has net assets worth AU$61.36 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$70.03 Million) and total liabilities (AU$8.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$61.36 Million |
| % of Total Assets | 87.62% |
| Annual Growth Rate | 14.29% |
| 5-Year Change | 53.87% |
| 10-Year Change | 97.88% |
| Growth Volatility | 23.15 |
XRF Scientific Ltd - Net Assets Trend (2005–2025)
This chart illustrates how XRF Scientific Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for XRF Scientific Ltd (2005–2025)
The table below shows the annual net assets of XRF Scientific Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$60.17 Million | +8.33% |
| 2024-06-30 | AU$55.54 Million | +12.03% |
| 2023-06-30 | AU$49.58 Million | +14.37% |
| 2022-06-30 | AU$43.35 Million | +10.86% |
| 2021-06-30 | AU$39.10 Million | +9.73% |
| 2020-06-30 | AU$35.64 Million | +5.39% |
| 2019-06-30 | AU$33.81 Million | +6.58% |
| 2018-06-30 | AU$31.72 Million | +3.13% |
| 2017-06-30 | AU$30.76 Million | +1.17% |
| 2016-06-30 | AU$30.41 Million | +2.16% |
| 2015-06-30 | AU$29.77 Million | +2.22% |
| 2014-06-30 | AU$29.12 Million | +0.20% |
| 2013-06-30 | AU$29.06 Million | +9.59% |
| 2012-06-30 | AU$26.52 Million | +36.65% |
| 2011-06-30 | AU$19.41 Million | +31.63% |
| 2010-06-30 | AU$14.74 Million | -2.54% |
| 2009-06-30 | AU$15.13 Million | +11.19% |
| 2008-06-30 | AU$13.60 Million | +11.55% |
| 2007-06-30 | AU$12.20 Million | +44.98% |
| 2006-06-30 | AU$8.41 Million | +102.16% |
| 2005-06-30 | AU$4.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to XRF Scientific Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5827.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$32.23 Million | 53.56% |
| Common Stock | AU$24.96 Million | 41.49% |
| Other Comprehensive Income | AU$2.98 Million | 4.95% |
| Total Equity | AU$60.17 Million | 100.00% |
XRF Scientific Ltd Competitors by Market Cap
The table below lists competitors of XRF Scientific Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Cowin Biotech Co. Ltd. A
SHG:688426
|
$108.49 Million |
|
OBI Pharma
TWO:4174
|
$108.50 Million |
|
Orion Office Reit Inc
NYSE:ONL
|
$108.50 Million |
|
JEIO CO LTD (PROPOSED)
KQ:418550
|
$108.52 Million |
|
Ca Toulouse 31 CCI
PA:CAT31
|
$108.47 Million |
|
EVI INDS INC. DL-025
F:2YE
|
$108.40 Million |
|
CARASENT ASA NK 1332
F:C34
|
$108.35 Million |
|
Doubleview Gold Corp
OTCQB:DBLVF
|
$108.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XRF Scientific Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,885,033 to 60,168,225, a change of 5,283,192 (9.6%).
- Net income of 10,383,453 contributed positively to equity growth.
- Dividend payments of 4,515,681 reduced retained earnings.
- Other comprehensive income increased equity by 1,276,971.
- Other factors decreased equity by 1,861,551.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$10.38 Million | +17.26% |
| Dividends Paid | AU$4.52 Million | -7.51% |
| Other Comprehensive Income | AU$1.28 Million | +2.12% |
| Other Changes | AU$-1.86 Million | -3.09% |
| Total Change | AU$- | 9.63% |
Book Value vs Market Value Analysis
This analysis compares XRF Scientific Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 32.46x to 4.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.05 | AU$1.75 | x |
| 2006-06-30 | AU$0.11 | AU$1.75 | x |
| 2007-06-30 | AU$0.15 | AU$1.75 | x |
| 2008-06-30 | AU$0.14 | AU$1.75 | x |
| 2009-06-30 | AU$0.17 | AU$1.75 | x |
| 2010-06-30 | AU$0.16 | AU$1.75 | x |
| 2011-06-30 | AU$0.19 | AU$1.75 | x |
| 2012-06-30 | AU$0.21 | AU$1.75 | x |
| 2013-06-30 | AU$0.22 | AU$1.75 | x |
| 2014-06-30 | AU$0.22 | AU$1.75 | x |
| 2015-06-30 | AU$0.23 | AU$1.75 | x |
| 2016-06-30 | AU$0.23 | AU$1.75 | x |
| 2017-06-30 | AU$0.23 | AU$1.75 | x |
| 2018-06-30 | AU$0.24 | AU$1.75 | x |
| 2019-06-30 | AU$0.25 | AU$1.75 | x |
| 2020-06-30 | AU$0.27 | AU$1.75 | x |
| 2021-06-30 | AU$0.29 | AU$1.75 | x |
| 2022-06-30 | AU$0.32 | AU$1.75 | x |
| 2023-06-30 | AU$0.36 | AU$1.75 | x |
| 2024-06-30 | AU$0.40 | AU$1.75 | x |
| 2025-06-30 | AU$0.43 | AU$1.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XRF Scientific Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.47%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.21x
- Recent ROE (17.26%) is above the historical average (9.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.15% | 9.25% | 0.85x | 1.67x | AU$132.57K |
| 2006 | 7.50% | 10.48% | 0.54x | 1.32x | AU$-210.25K |
| 2007 | 0.89% | 0.86% | 0.84x | 1.23x | AU$-1.11 Million |
| 2008 | 6.77% | 6.26% | 0.94x | 1.15x | AU$-439.80K |
| 2009 | 12.90% | 11.54% | 1.00x | 1.12x | AU$437.96K |
| 2010 | 2.05% | 2.39% | 0.75x | 1.14x | AU$-1.17 Million |
| 2011 | 13.58% | 12.86% | 0.85x | 1.25x | AU$694.47K |
| 2012 | 13.50% | 13.83% | 0.85x | 1.15x | AU$927.71K |
| 2013 | 13.12% | 16.43% | 0.74x | 1.08x | AU$906.73K |
| 2014 | 8.38% | 11.17% | 0.69x | 1.08x | AU$-470.58K |
| 2015 | 8.87% | 12.77% | 0.65x | 1.07x | AU$-337.07K |
| 2016 | 5.06% | 7.27% | 0.63x | 1.11x | AU$-1.50 Million |
| 2017 | 2.58% | 3.69% | 0.62x | 1.13x | AU$-2.28 Million |
| 2018 | 3.23% | 4.22% | 0.64x | 1.20x | AU$-2.15 Million |
| 2019 | 6.32% | 7.36% | 0.70x | 1.23x | AU$-1.24 Million |
| 2020 | 8.76% | 10.73% | 0.64x | 1.27x | AU$-442.17K |
| 2021 | 13.12% | 16.40% | 0.65x | 1.24x | AU$1.22 Million |
| 2022 | 13.99% | 15.21% | 0.72x | 1.28x | AU$1.74 Million |
| 2023 | 15.60% | 13.93% | 0.84x | 1.33x | AU$2.76 Million |
| 2024 | 16.19% | 14.85% | 0.88x | 1.24x | AU$3.40 Million |
| 2025 | 17.26% | 17.47% | 0.82x | 1.21x | AU$4.37 Million |
Industry Comparison
This section compares XRF Scientific Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,026,970,068
- Average return on equity (ROE) among peers: -7.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XRF Scientific Ltd (XRF) | AU$61.36 Million | 13.15% | 0.14x | $108.48 Million |
| Alfabs Australia Ltd (AAL) | $20.68 Million | 15.47% | 2.20x | $19.13 Million |
| GREEN360 Technologies Ltd (GT3) | $12.03 Million | -63.49% | 0.59x | $16.96 Million |
| Infratil Ltd (IFT) | $3.34 Billion | 7.22% | 1.27x | $5.19 Billion |
| SGH Ltd (SGH) | $1.00 Billion | -0.03% | 1.06x | $5.37 Billion |
| SEVEN GROUP HOLDINGS LTD (SVW) | $759.49 Million | 2.68% | 1.86x | $272.77K |