FIN Resources Ltd
Fin Resources Limited engages in the exploration and development of mineral properties in Australia and North America. The company explores for nickel, graphite, copper, cobalt, and platinum group metals. It holds interest in the Mt Tremblant Lithium project comprising 480 mineral claims covering 138 square kilometers located in Quebec, Canada; and the McKenzie Springs project covering 82 square … Read more
FIN Resources Ltd (FIN) - Net Assets
Latest net assets as of June 2025: AU$2.38 Million AUD
Based on the latest financial reports, FIN Resources Ltd (FIN) has net assets worth AU$2.38 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.15 Million) and total liabilities (AU$776.84K). 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$2.38 Million |
| % of Total Assets | 75.35% |
| Annual Growth Rate | -1.34% |
| 5-Year Change | -57.94% |
| 10-Year Change | -44.57% |
| Growth Volatility | 16094.08 |
FIN Resources Ltd - Net Assets Trend (1989–2025)
This chart illustrates how FIN 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 FIN Resources Ltd (1989–2025)
The table below shows the annual net assets of FIN Resources Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.38 Million | -11.46% |
| 2024-06-30 | AU$2.68 Million | -53.17% |
| 2023-06-30 | AU$5.73 Million | -20.88% |
| 2022-06-30 | AU$7.24 Million | +28.22% |
| 2021-06-30 | AU$5.65 Million | +34.30% |
| 2020-06-30 | AU$4.20 Million | +93953.03% |
| 2019-06-30 | AU$4.47K | -3.48% |
| 2018-06-30 | AU$4.63K | +21.49% |
| 2017-06-30 | AU$3.81K | -99.91% |
| 2016-06-30 | AU$4.29 Million | -13.77% |
| 2015-06-30 | AU$4.97 Million | -34.81% |
| 2014-06-30 | AU$7.62 Million | -16.68% |
| 2013-06-30 | AU$9.15 Million | -5.83% |
| 2012-06-30 | AU$9.71 Million | +145.52% |
| 2011-06-30 | AU$3.96 Million | +2.68% |
| 2010-06-30 | AU$3.85 Million | +597.01% |
| 2009-06-30 | AU$552.84K | -86.32% |
| 2008-06-30 | AU$4.04 Million | -5.87% |
| 2007-06-30 | AU$4.29 Million | +33.17% |
| 2006-06-30 | AU$3.22 Million | +349.63% |
| 2005-06-30 | AU$717.19K | +471.30% |
| 2004-06-30 | AU$-193.16K | -117.13% |
| 2003-06-30 | AU$1.13 Million | +219.48% |
| 2002-06-30 | AU$-943.75K | -478.99% |
| 2001-06-30 | AU$-163.00K | -102.97% |
| 2000-06-30 | AU$5.50 Million | +2690.00% |
| 1999-06-30 | AU$196.96K | -78.98% |
| 1998-06-30 | AU$937.11K | -6.43% |
| 1997-06-30 | AU$1.00 Million | -0.12% |
| 1996-06-30 | AU$1.00 Million | -76.47% |
| 1995-06-30 | AU$4.26 Million | -32.01% |
| 1994-06-30 | AU$6.27 Million | -11.42% |
| 1993-06-30 | AU$7.08 Million | +410.61% |
| 1992-06-30 | AU$1.39 Million | -12.78% |
| 1991-06-30 | AU$1.59 Million | -29.91% |
| 1990-06-30 | AU$2.27 Million | -41.25% |
| 1989-06-30 | AU$3.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIN 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 3947494900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$37.30 Million | 1570.45% |
| Other Comprehensive Income | AU$6.00 Million | 252.52% |
| Other Components | AU$800.00 | 0.03% |
| Total Equity | AU$2.38 Million | 100.00% |
FIN Resources Ltd Competitors by Market Cap
The table below lists competitors of FIN Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ocean GeoLoop A/S
OL:OCEAN
|
$3.56 Million |
|
Maternus-Kliniken Aktiengesellschaft
F:MAK
|
$3.56 Million |
|
Grand Canal Land Public Company Limited
BK:GLAND
|
$3.56 Million |
|
Perpetual Resources Ltd
AU:PEC
|
$3.56 Million |
|
Discount Investment Corp Ltd
TA:DISI
|
$3.56 Million |
|
Agrogeneration
PA:ALAGR
|
$3.55 Million |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
$3.55 Million |
|
Active Biotech AB
ST:ACTI
|
$3.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIN Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,682,523 to 2,375,152, a change of -307,371 (-11.5%).
- Net loss of 612,418 reduced equity.
- Share repurchases of 50 reduced equity.
- Other comprehensive income increased equity by 122,568.
- Other factors increased equity by 182,529.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-612.42K | -25.78% |
| Share Repurchases | AU$50.00 | -0.0% |
| Other Comprehensive Income | AU$122.57K | +5.16% |
| Other Changes | AU$182.53K | +7.68% |
| Total Change | AU$- | -11.46% |
Book Value vs Market Value Analysis
This analysis compares FIN 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: 3.88x
- 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 increased from 0.00x to 3.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$34455.36 | AU$0.01 | x |
| 1990-06-30 | AU$20241.07 | AU$0.01 | x |
| 1991-06-30 | AU$14187.50 | AU$0.01 | x |
| 1992-06-30 | AU$23776.79 | AU$0.01 | x |
| 1993-06-30 | AU$43879.52 | AU$0.01 | x |
| 1994-06-30 | AU$36804.35 | AU$0.01 | x |
| 1995-06-30 | AU$25885.87 | AU$0.01 | x |
| 1996-06-30 | AU$3387.65 | AU$0.01 | x |
| 1997-06-30 | AU$1794.88 | AU$0.01 | x |
| 1998-06-30 | AU$1374.06 | AU$0.01 | x |
| 1999-06-30 | AU$163.45 | AU$0.01 | x |
| 2000-06-30 | AU$1891.58 | AU$0.01 | x |
| 2001-06-30 | AU$-30.96 | AU$0.01 | x |
| 2002-06-30 | AU$-143.60 | AU$0.01 | x |
| 2003-06-30 | AU$2.65 | AU$0.01 | x |
| 2004-06-30 | AU$-0.28 | AU$0.01 | x |
| 2005-06-30 | AU$0.06 | AU$0.01 | x |
| 2006-06-30 | AU$0.16 | AU$0.01 | x |
| 2007-06-30 | AU$0.13 | AU$0.01 | x |
| 2008-06-30 | AU$0.12 | AU$0.01 | x |
| 2009-06-30 | AU$0.02 | AU$0.01 | x |
| 2010-06-30 | AU$0.05 | AU$0.01 | x |
| 2011-06-30 | AU$0.04 | AU$0.01 | x |
| 2012-06-30 | AU$0.05 | AU$0.01 | x |
| 2013-06-30 | AU$0.03 | AU$0.01 | x |
| 2014-06-30 | AU$0.03 | AU$0.01 | x |
| 2015-06-30 | AU$0.02 | AU$0.01 | x |
| 2016-06-30 | AU$0.02 | AU$0.01 | x |
| 2017-06-30 | AU$0.00 | AU$0.01 | x |
| 2018-06-30 | AU$0.00 | AU$0.01 | x |
| 2019-06-30 | AU$0.00 | AU$0.01 | x |
| 2020-06-30 | AU$0.01 | AU$0.01 | x |
| 2021-06-30 | AU$0.02 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$0.01 | AU$0.01 | x |
| 2024-06-30 | AU$0.00 | AU$0.01 | x |
| 2025-06-30 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIN 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): -25.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13057.95%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.33x
- Recent ROE (-25.78%) is above the historical average (-971.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 30.57% | 0.00% | 0.00x | 3.60x | AU$547.70K |
| 1993 | 107.26% | 0.00% | 0.00x | 1.36x | AU$7.08 Million |
| 1994 | -18.15% | 0.00% | 0.00x | 1.03x | AU$-1.91 Million |
| 1995 | -0.06% | 0.00% | 0.00x | 1.04x | AU$-479.30K |
| 1996 | -405.89% | 0.00% | 0.00x | 1.51x | AU$-4.17 Million |
| 1997 | -219.36% | 0.00% | 0.00x | 1.38x | AU$-2.30 Million |
| 1998 | -56.98% | 0.00% | 0.00x | 1.54x | AU$-627.71K |
| 1999 | -907.82% | 0.00% | 0.00x | 1.47x | AU$-1.81 Million |
| 2000 | -85.55% | -2994.27% | 0.02x | 1.19x | AU$-5.25 Million |
| 2001 | 0.00% | -16100.78% | 0.07x | 0.00x | AU$-6.88 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.04 Million |
| 2003 | -12.10% | 0.00% | 0.00x | 1.04x | AU$-249.20K |
| 2004 | 0.00% | -381.87% | 156.06x | 0.00x | AU$-5.75 Million |
| 2005 | -113.94% | 0.00% | 0.00x | 1.04x | AU$-888.87K |
| 2006 | -29.27% | 0.00% | 0.00x | 1.07x | AU$-1.27 Million |
| 2007 | -34.25% | -20703.73% | 0.00x | 1.06x | AU$-1.90 Million |
| 2008 | -48.96% | -4920.56% | 0.01x | 1.06x | AU$-2.38 Million |
| 2009 | -1095.00% | -17392.96% | 0.04x | 1.58x | AU$-6.11 Million |
| 2010 | -47.34% | -117223.65% | 0.00x | 1.06x | AU$-2.21 Million |
| 2011 | -42.69% | 0.00% | 0.00x | 1.08x | AU$-2.08 Million |
| 2012 | -25.20% | 0.00% | 0.00x | 1.04x | AU$-3.42 Million |
| 2013 | -6.20% | 0.00% | 0.00x | 1.11x | AU$-1.48 Million |
| 2014 | 3.92% | 9.64% | 0.37x | 1.10x | AU$-463.27K |
| 2015 | -53.83% | 0.00% | 0.00x | 1.04x | AU$-3.17 Million |
| 2016 | -20.07% | 0.00% | 0.00x | 1.02x | AU$-1.29 Million |
| 2017 | -12410.82% | -1363.85% | 8.89x | 1.02x | AU$-473.50K |
| 2018 | -12443.17% | -935.51% | 13.05x | 1.02x | AU$-576.74K |
| 2019 | -4783.35% | -350.14% | 13.53x | 1.01x | AU$-214.28K |
| 2020 | -6.09% | -653.55% | 0.01x | 1.01x | AU$-676.57K |
| 2021 | -15.17% | -3605.78% | 0.00x | 1.06x | AU$-1.42 Million |
| 2022 | -69.27% | -75984.85% | 0.00x | 1.01x | AU$-5.74 Million |
| 2023 | -46.25% | -3767.19% | 0.01x | 1.02x | AU$-3.22 Million |
| 2024 | -134.43% | -3841.07% | 0.03x | 1.28x | AU$-3.87 Million |
| 2025 | -25.78% | -13057.95% | 0.00x | 1.33x | AU$-849.93K |
Industry Comparison
This section compares FIN 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 |
|---|---|---|---|---|
| FIN Resources Ltd (FIN) | AU$2.38 Million | 30.57% | 0.33x | $3.56 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 |