profit from every A$100 of sales.
Alpha HPA
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Alpha HPA sold, what it kept, and what it did with the cash.
Sales went from A$38,739 in 2022 to A$317,517 in 2025, with -A$32.6 million of profit last year.
Alpha HPA vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Alpha HPA | No profit yet | ||
Shandong Hongqiao Aluminum Industry | 10.4× · Cheap | ||
China Hongqiao Group | 7.3× · Cheap | ||
Hindalco Industries | 16.0× · Fair price | ||
Aluminum Corporation of China | 11.5× · Cheap |
AI analysis
An AI analyst reads Alpha HPA's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| -14 | -18 | -30 | -44 | |
| -14 | -17 | -23 | -29 | |
| -7 | -16 | -25 | -33 | |
| -0.01 | -0.02 | -0.03 | -0.03 | |
| 33.5% | 19.2% | 100.0% | 100.0% | |
| -37,115.6% | -109,547.4% | -67,627.7% | -13,716.2% | |
| -18,996.7% | -97,106.2% | -56,704.2% | -10,253.1% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 60 | 67 | 270 | 283 |
| Cash | 17 | 21 | 190 | 102 |
| Total debt | 1 | 0 | 4 | 4 |
| Total liabilities | 8 | 11 | 20 | 64 |
| 47 | 56 | 247 | 219 | |
| 794 | 839 | 922 | 1,136 | |
| -21.2% | -22.0% | -6.9% | -10.1% | |
| -15.7% | -28.0% | -10.1% | -14.9% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 40 | 18 | 18 | 88 | |
| -44 | -29 | -40 | -106 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 8 | 0 | |
| – | – | – | – |
Valuation
- –
- –
- –
- 4.9×
- 1,897.8×
- –
- –
- -17.7%
- -5.4%
- –
Profitability
- 100.0%
- -13,716.2%
- -10,253.1%
- –
- -10.1%
- -15.1%
- –
- –
- –
- –
Growth
- +101.6%
- –
- –
- –
- +12.7%
Financial health
- -3.4×
- 0.02
- –
- -102.4×
- 2.66
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Alpha and Omega Semiconductor surges over 20% for second consecutive sessionSeeking Alpha · Nov 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Alpha HPA
Is Alpha HPA a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Alpha HPA AI analysis
What does Alpha HPA do?
Alpha HPA Limited, a specialty materials and technology company, focuses on the delivery and operation of the HPA First and Alpha Sapphire projects in Queensland. It is in Aluminum, based in Sydney, NSW, Australia.
Is Alpha HPA stock halal?
Yes. Alpha HPA passes our halal screen: its business is permitted and its debt is 0.7% of its market value, under the 30% limit. How we check
How has Alpha HPA stock done over the past year?
Down 45.0% over the past twelve months, to A$0.42. It traded between A$0.34 and A$0.93 and is 55.4% below its high.
Who are Alpha HPA's competitors?
The largest listed companies in the same industry are Shandong Hongqiao Aluminum Industry, China Hongqiao Group, Hindalco Industries and Aluminum Corporation of China. The peers table on this page compares their profit, growth and price with Alpha HPA's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



