DevEx Resources Limited
DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. It explores for uranium, copper, nickel, gold, rare earth element, and platinum group element. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited was incorporated in … Read more
DevEx Resources Limited (UREQF) - Net Assets
Latest net assets as of June 2025: $13.75 Million USD
Based on the latest financial reports, DevEx Resources Limited (UREQF) has net assets worth $13.75 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.07 Million) and total liabilities ($2.31 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 | $13.75 Million |
| % of Total Assets | 85.6% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | -18.07% |
| 10-Year Change | 1947795.68% |
| Growth Volatility | 35907.68 |
DevEx Resources Limited - Net Assets Trend (1999–2025)
This chart illustrates how DevEx Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DevEx Resources Limited (1999–2025)
The table below shows the annual net assets of DevEx Resources Limited from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $13.75 Million | -39.89% |
| 2024-06-30 | $22.88 Million | +83.60% |
| 2023-06-30 | $12.46 Million | +54.17% |
| 2022-06-30 | $8.08 Million | -51.84% |
| 2021-06-30 | $16.79 Million | +579.82% |
| 2020-06-30 | $2.47 Million | +183287.05% |
| 2019-06-30 | $1.35K | +20.71% |
| 2018-06-30 | $1.12K | +545.12% |
| 2017-06-30 | $-250.62 | -135.49% |
| 2016-06-30 | $706.12 | -96.50% |
| 2015-06-30 | $20.18K | +2.27% |
| 2014-06-30 | $19.73K | -99.91% |
| 2013-06-30 | $21.73 Million | -5.60% |
| 2012-06-30 | $23.02 Million | +0.11% |
| 2011-06-30 | $23.00 Million | +7.28% |
| 2010-06-30 | $21.44 Million | +20.15% |
| 2009-06-30 | $17.84 Million | -23.73% |
| 2008-06-30 | $23.39 Million | -20.16% |
| 2007-06-30 | $29.30 Million | +210.97% |
| 2006-06-30 | $9.42 Million | +21.29% |
| 2005-06-30 | $7.77 Million | +8.90% |
| 2004-06-30 | $7.13 Million | +368.32% |
| 2003-06-30 | $1.52 Million | -33.50% |
| 2002-06-30 | $2.29 Million | -16.88% |
| 2001-06-30 | $2.76 Million | +390.04% |
| 2000-06-30 | $562.31K | -83.32% |
| 1999-06-30 | $3.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DevEx Resources Limited'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 decreased by 10483402500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $117.56 Million | 854.72% |
| Other Comprehensive Income | $1.03 Million | 7.47% |
| Total Equity | $13.75 Million | 100.00% |
DevEx Resources Limited Competitors by Market Cap
The table below lists competitors of DevEx Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Power Group Projects Corp
PINK:PGPGF
|
$32.11K |
|
Bhanero Textile Mills Ltd
KAR:BHAT
|
$32.12K |
|
PLAYTECH
BE:PL8
|
$32.18K |
|
ClimateRock Warrant
NASDAQ:CLRCW
|
$32.19K |
|
Forras Trust & Investment Nyrt. B
BUD:FORRB
|
$32.09K |
|
H.W.A. AG (H9W.SG)
STU:H9W
|
$32.08K |
|
Aberdeen Global IF Inc
NYSE MKT:FCO
|
$32.07K |
|
E KOCREF CR REIT
KO:088260
|
$32.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DevEx Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,883,348 to 13,754,481, a change of -9,128,867 (-39.9%).
- Net loss of 9,114,693 reduced equity.
- Other comprehensive income decreased equity by 2,842,729.
- Other factors increased equity by 2,829,582.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.11 Million | -66.27% |
| Other Comprehensive Income | $-2.84 Million | -20.67% |
| Other Changes | $2.83 Million | +20.57% |
| Total Change | $- | -39.89% |
Book Value vs Market Value Analysis
This analysis compares DevEx Resources Limited'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | $1.03 | $0.00 | x |
| 2000-06-30 | $0.17 | $0.00 | x |
| 2001-06-30 | $0.96 | $0.00 | x |
| 2002-06-30 | $0.67 | $0.00 | x |
| 2003-06-30 | $0.40 | $0.00 | x |
| 2004-06-30 | $1.26 | $0.00 | x |
| 2005-06-30 | $0.88 | $0.00 | x |
| 2006-06-30 | $0.89 | $0.00 | x |
| 2007-06-30 | $1.78 | $0.00 | x |
| 2008-06-30 | $1.17 | $0.00 | x |
| 2009-06-30 | $0.89 | $0.00 | x |
| 2010-06-30 | $0.99 | $0.00 | x |
| 2011-06-30 | $1.01 | $0.00 | x |
| 2012-06-30 | $0.96 | $0.00 | x |
| 2013-06-30 | $0.83 | $0.00 | x |
| 2014-06-30 | $0.00 | $0.00 | x |
| 2015-06-30 | $0.00 | $0.00 | x |
| 2016-06-30 | $0.00 | $0.00 | x |
| 2017-06-30 | $0.00 | $0.00 | x |
| 2018-06-30 | $0.00 | $0.00 | x |
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.01 | $0.00 | x |
| 2021-06-30 | $0.06 | $0.00 | x |
| 2022-06-30 | $0.03 | $0.00 | x |
| 2023-06-30 | $0.03 | $0.00 | x |
| 2024-06-30 | $0.05 | $0.00 | x |
| 2025-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DevEx Resources Limited 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): -66.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2565.22%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.17x
- Recent ROE (-66.27%) is above the historical average (-7509.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -5.67% | 0.00% | 0.00x | 1.01x | $-528.15K |
| 2000 | -28.28% | 0.00% | 0.00x | 1.38x | $-215.23K |
| 2001 | -17.77% | 0.00% | 0.00x | 1.02x | $-765.21K |
| 2002 | -32.40% | 0.00% | 0.00x | 1.06x | $-971.04K |
| 2003 | -50.38% | 0.00% | 0.00x | 1.03x | $-919.60K |
| 2004 | -0.40% | 0.00% | 0.00x | 1.07x | $-741.98K |
| 2005 | -52.61% | 0.00% | 0.00x | 1.03x | $-4.86 Million |
| 2006 | -54.18% | 0.00% | 0.00x | 1.05x | $-6.05 Million |
| 2007 | -16.59% | -211575.28% | 0.00x | 1.05x | $-7.79 Million |
| 2008 | -30.17% | 0.00% | 0.00x | 1.18x | $-9.40 Million |
| 2009 | -36.40% | -4121.45% | 0.01x | 1.16x | $-8.28 Million |
| 2010 | -4.67% | -2761.10% | 0.00x | 1.16x | $-3.14 Million |
| 2011 | -10.84% | -10398.17% | 0.00x | 1.10x | $-4.79 Million |
| 2012 | -8.90% | 0.00% | 0.00x | 1.10x | $-4.35 Million |
| 2013 | -12.02% | 0.00% | 0.00x | 1.10x | $-4.79 Million |
| 2014 | -7506.34% | -182.84% | 36.92x | 1.11x | $-1.48 Million |
| 2015 | -4460.52% | -457.53% | 8.74x | 1.12x | $-902.02K |
| 2016 | 63098.91% | 0.00% | 0.00x | 3.76x | $445.48K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.19 Million |
| 2018 | -145664.41% | 0.00% | 0.00x | 2.83x | $-1.63 Million |
| 2019 | -107307.29% | 0.00% | 0.00x | 2.41x | $-1.45 Million |
| 2020 | -140.68% | 0.00% | 0.00x | 1.59x | $-3.72 Million |
| 2021 | -39.22% | 0.00% | 0.00x | 1.16x | $-8.26 Million |
| 2022 | -147.30% | 0.00% | 0.00x | 1.40x | $-12.72 Million |
| 2023 | -103.81% | -91325.52% | 0.00x | 1.28x | $-14.19 Million |
| 2024 | -47.13% | -10786.00% | 0.00x | 1.15x | $-13.07 Million |
| 2025 | -66.27% | -2565.22% | 0.02x | 1.17x | $-10.49 Million |
Industry Comparison
This section compares DevEx Resources Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DevEx Resources Limited (UREQF) | $13.75 Million | -5.67% | 0.17x | $32.10K |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |