XRF Scientific Ltd (XRF) - Net Assets

Latest as of December 2025: AU$61.36 Million AUD ≈ $43.42 Million USD

Based on the latest financial reports, XRF Scientific Ltd (XRF) has net assets worth AU$61.36 Million AUD (≈ $43.42 Million USD) 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 ≈ $49.55 Million USD) and total liabilities (AU$8.67 Million ≈ $6.14 Million USD). 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. Check how resilient are XRF Scientific Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore XRF Scientific Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of XRF Scientific Ltd.

Year	Net Assets	Change
2025-06-30	AU$60.17 Million ≈ $42.57 Million	+8.33%
2024-06-30	AU$55.54 Million ≈ $39.30 Million	+12.03%
2023-06-30	AU$49.58 Million ≈ $35.08 Million	+14.37%
2022-06-30	AU$43.35 Million ≈ $30.67 Million	+10.86%
2021-06-30	AU$39.10 Million ≈ $27.67 Million	+9.73%
2020-06-30	AU$35.64 Million ≈ $25.21 Million	+5.39%
2019-06-30	AU$33.81 Million ≈ $23.92 Million	+6.58%
2018-06-30	AU$31.72 Million ≈ $22.45 Million	+3.13%
2017-06-30	AU$30.76 Million ≈ $21.77 Million	+1.17%
2016-06-30	AU$30.41 Million ≈ $21.51 Million	+2.16%
2015-06-30	AU$29.77 Million ≈ $21.06 Million	+2.22%
2014-06-30	AU$29.12 Million ≈ $20.60 Million	+0.20%
2013-06-30	AU$29.06 Million ≈ $20.56 Million	+9.59%
2012-06-30	AU$26.52 Million ≈ $18.76 Million	+36.65%
2011-06-30	AU$19.41 Million ≈ $13.73 Million	+31.63%
2010-06-30	AU$14.74 Million ≈ $10.43 Million	-2.54%
2009-06-30	AU$15.13 Million ≈ $10.70 Million	+11.19%
2008-06-30	AU$13.60 Million ≈ $9.63 Million	+11.55%
2007-06-30	AU$12.20 Million ≈ $8.63 Million	+44.98%
2006-06-30	AU$8.41 Million ≈ $5.95 Million	+102.16%
2005-06-30	AU$4.16 Million ≈ $2.94 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
Daewon Sanup Co. Ltd KQ:005710	$186.17 Million
Lucky Cement Co TW:1108	$186.17 Million
Tigbur - Temporary Professional Personnel Ltd TA:TIGBUR	$186.19 Million
Varia US Properties Ltd SW:VARN	$186.27 Million
HIL Limited NSE:HIL	$186.09 Million
Michlol Finance Ltd TA:MCLL	$185.97 Million
Sunjuice Holdings Co Ltd TW:1256	$185.96 Million
Ubright Optronics TWO:4933	$185.96 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: 4.29x
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 34.23x to 4.29x 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$1.84	x
2006-06-30	AU$0.11	AU$1.84	x
2007-06-30	AU$0.15	AU$1.84	x
2008-06-30	AU$0.14	AU$1.84	x
2009-06-30	AU$0.17	AU$1.84	x
2010-06-30	AU$0.16	AU$1.84	x
2011-06-30	AU$0.19	AU$1.84	x
2012-06-30	AU$0.21	AU$1.84	x
2013-06-30	AU$0.22	AU$1.84	x
2014-06-30	AU$0.22	AU$1.84	x
2015-06-30	AU$0.23	AU$1.84	x
2016-06-30	AU$0.23	AU$1.84	x
2017-06-30	AU$0.23	AU$1.84	x
2018-06-30	AU$0.24	AU$1.84	x
2019-06-30	AU$0.25	AU$1.84	x
2020-06-30	AU$0.27	AU$1.84	x
2021-06-30	AU$0.29	AU$1.84	x
2022-06-30	AU$0.32	AU$1.84	x
2023-06-30	AU$0.36	AU$1.84	x
2024-06-30	AU$0.40	AU$1.84	x
2025-06-30	AU$0.43	AU$1.84	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: $207,832,729
Average return on equity (ROE) among peers: -12.74%

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	$186.16 Million
GREEN360 Technologies Ltd (GT3)	$3.81 Million	-42.76%	0.04x	$34.63 Million
NRW Holdings Ltd (NWH)	$610.01 Million	4.54%	1.79x	$2.08 Billion
SGH Ltd (SGH)	$9.67 Million	0.00%	72.09x	$11.53 Billion

About XRF Scientific Ltd

AU:XRF Australia Conglomerates

Market Cap

$186.16 Million

AU$263.11 Million AUD

Market Cap Rank

#16825 Global

#482 in Australia

Share Price

AU$1.84

Change (1 day)

-0.81%

52-Week Range

AU$1.53 - AU$2.35

All Time High

AU$2.35