Alderan Resources Ltd
Alderan Resources Limited engages in the exploration of mineral properties in Australia and Brazil. The company explores for copper, gold, lithium, zinc, lead, and silver deposits. Its flagship property is the Detroit project located in Detroit Mining District, Utah. Alderan Resources Limited was incorporated in 2013 and is based in Melbourne, Australia.
Alderan Resources Ltd (AL8) - Net Assets
Latest net assets as of June 2024: AU$4.81 Million AUD
Based on the latest financial reports, Alderan Resources Ltd (AL8) has net assets worth AU$4.81 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$5.04 Million) and total liabilities (AU$235.30K). 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$4.81 Million |
| % of Total Assets | 95.33% |
| Annual Growth Rate | 34.85% |
| 5-Year Change | -58.95% |
| 10-Year Change | 683.27% |
| Growth Volatility | 377.82 |
Alderan Resources Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Alderan Resources 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 Alderan Resources Ltd (2014–2024)
The table below shows the annual net assets of Alderan Resources Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$4.81 Million | -36.42% |
| 2023-06-30 | AU$7.56 Million | -3.27% |
| 2022-06-30 | AU$7.82 Million | -37.25% |
| 2021-06-30 | AU$12.46 Million | +6.36% |
| 2020-06-30 | AU$11.71 Million | +18.83% |
| 2019-06-30 | AU$9.86 Million | +24.06% |
| 2018-06-30 | AU$7.94 Million | -10.41% |
| 2017-06-30 | AU$8.87 Million | +2.10% |
| 2016-12-31 | AU$8.69 Million | +1315.22% |
| 2016-06-30 | AU$613.78K | +0.85% |
| 2015-06-30 | AU$608.61K | +151.74% |
| 2014-06-30 | AU$241.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alderan Resources 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 decreased by 3554990400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$31.31 Million | 651.34% |
| Other Comprehensive Income | AU$9.08 Million | 188.77% |
| Total Equity | AU$4.81 Million | 100.00% |
Alderan Resources Ltd Competitors by Market Cap
The table below lists competitors of Alderan Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aptorum Group Ltd Class A
NASDAQ:APM
|
$3.07 Million |
|
P.C.B Tec
TA:PCBT
|
$3.08 Million |
|
Yummy Town Cayman Holdings
TWO:2726
|
$3.08 Million |
|
Recharge Resources Ltd.
PINK:RECHF
|
$3.08 Million |
|
Ho Wah Genting Bhd
KLSE:9601
|
$3.07 Million |
|
Tarjar Xairo Socimi SA
MC:YTAR
|
$3.07 Million |
|
Supply@Me Capital PLC
LSE:SYME
|
$3.07 Million |
|
Hansol Pns
KO:010420
|
$3.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alderan Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,560,858 to 4,807,544, a change of -2,753,314 (-36.4%).
- Net loss of 6,362,945 reduced equity.
- New share issuances of 1,727,154 increased equity.
- Other comprehensive income increased equity by 116,978.
- Other factors increased equity by 1,765,499.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.36 Million | -132.35% |
| Share Issuances | AU$1.73 Million | +35.93% |
| Other Comprehensive Income | AU$116.98K | +2.43% |
| Other Changes | AU$1.77 Million | +36.72% |
| Total Change | AU$- | -36.42% |
Book Value vs Market Value Analysis
This analysis compares Alderan Resources 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: 5.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | AU$0.01 | AU$0.03 | x |
| 2015-06-30 | AU$0.01 | AU$0.03 | x |
| 2016-06-30 | AU$0.01 | AU$0.03 | x |
| 2017-06-30 | AU$0.15 | AU$0.03 | x |
| 2018-06-30 | AU$0.07 | AU$0.03 | x |
| 2019-06-30 | AU$0.08 | AU$0.03 | x |
| 2020-06-30 | AU$0.06 | AU$0.03 | x |
| 2021-06-30 | AU$0.04 | AU$0.03 | x |
| 2022-06-30 | AU$0.02 | AU$0.03 | x |
| 2023-06-30 | AU$0.01 | AU$0.03 | x |
| 2024-06-30 | AU$0.01 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alderan Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -132.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-132.35%) is below the historical average (-48.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -14.02% | 0.00% | 0.00x | 1.22x | AU$-58.08K |
| 2015 | -15.46% | -193.57% | 0.07x | 1.09x | AU$-154.97K |
| 2016 | -34.13% | -10121.11% | 0.00x | 1.44x | AU$-270.88K |
| 2017 | -17.58% | -116364.33% | 0.00x | 1.03x | AU$-2.45 Million |
| 2018 | -84.41% | -25060.61% | 0.00x | 1.12x | AU$-7.50 Million |
| 2019 | -42.28% | -267144.62% | 0.00x | 1.08x | AU$-5.15 Million |
| 2020 | -14.53% | -895926.84% | 0.00x | 1.03x | AU$-2.87 Million |
| 2021 | -16.45% | -32274.57% | 0.00x | 1.02x | AU$-3.30 Million |
| 2022 | -134.62% | -108593.23% | 0.00x | 1.05x | AU$-11.30 Million |
| 2023 | -32.28% | -7029.88% | 0.00x | 1.06x | AU$-3.20 Million |
| 2024 | -132.35% | 0.00% | 0.00x | 1.05x | AU$-6.84 Million |
Industry Comparison
This section compares Alderan Resources Ltd'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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alderan Resources Ltd (AL8) | AU$4.81 Million | -14.02% | 0.05x | $3.07 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |