Flagship Minerals Ltd (FLG) - Net Assets
Based on the latest financial reports, Flagship Minerals Ltd (FLG) has net assets worth AU$13.89 Million AUD (≈ $9.83 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$15.59 Million ≈ $11.03 Million USD) and total liabilities (AU$1.69 Million ≈ $1.20 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 FLG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.89 Million |
| % of Total Assets | 89.14% |
| Annual Growth Rate | 8.94% |
| 5-Year Change | 11.69% |
| 10-Year Change | N/A |
| Growth Volatility | 18.06 |
Flagship Minerals Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Flagship Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See FLG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Flagship Minerals Ltd (2017–2025)
The table below shows the annual net assets of Flagship Minerals Ltd from 2017 to 2025. For live valuation and market cap data, see Flagship Minerals Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$13.89 Million ≈ $9.83 Million |
+26.79% |
| 2024-12-31 | AU$10.96 Million ≈ $7.75 Million |
+1.81% |
| 2023-12-31 | AU$10.76 Million ≈ $7.62 Million |
+3.54% |
| 2022-12-31 | AU$10.40 Million ≈ $7.36 Million |
-16.44% |
| 2021-12-31 | AU$12.44 Million ≈ $8.80 Million |
+44.49% |
| 2020-12-31 | AU$8.61 Million ≈ $6.09 Million |
-5.72% |
| 2019-12-31 | AU$9.13 Million ≈ $6.46 Million |
+9.34% |
| 2018-12-31 | AU$8.35 Million ≈ $5.91 Million |
+19.22% |
| 2017-12-31 | AU$7.01 Million ≈ $4.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Flagship Minerals 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 1061534900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$23.80 Million | 171.32% |
| Other Comprehensive Income | AU$864.69K | 6.22% |
| Total Equity | AU$13.89 Million | 100.00% |
Flagship Minerals Ltd Competitors by Market Cap
The table below lists competitors of Flagship Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elutia Inc.
NASDAQ:ELUT
|
$46.86 Million |
|
Hai Phong Hoang Ha Paper JSC
VN:HHP
|
$46.86 Million |
|
PENTIXAPHARM HOLDING N AG
XETRA:PTP
|
$46.89 Million |
|
XTPL SA
WAR:XTP
|
$46.89 Million |
|
KPM TECH Co. Ltd
KQ:042040
|
$46.86 Million |
|
Rank Progress S.A.
WAR:RNK
|
$46.84 Million |
|
Toro Energy Ltd
AU:TOE
|
$46.81 Million |
|
Mida Leasing Public Company Limited
BK:ML
|
$46.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flagship Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,958,477 to 13,894,436, a change of 2,935,959 (26.8%).
- Net loss of 2,722,842 reduced equity.
- Share repurchases of 3,367,440 reduced equity.
- New share issuances of 3,367,436 increased equity.
- Other comprehensive income increased equity by 637,384.
- Other factors increased equity by 5,021,421.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.72 Million | -19.6% |
| Share Repurchases | AU$3.37 Million | -24.24% |
| Share Issuances | AU$3.37 Million | +24.24% |
| Other Comprehensive Income | AU$637.38K | +4.59% |
| Other Changes | AU$5.02 Million | +36.14% |
| Total Change | AU$- | 26.79% |
Book Value vs Market Value Analysis
This analysis compares Flagship Minerals 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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.94x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.05 | AU$0.21 | x |
| 2018-12-31 | AU$0.06 | AU$0.21 | x |
| 2019-12-31 | AU$0.07 | AU$0.21 | x |
| 2020-12-31 | AU$0.07 | AU$0.21 | x |
| 2021-12-31 | AU$0.09 | AU$0.21 | x |
| 2022-12-31 | AU$0.07 | AU$0.21 | x |
| 2023-12-31 | AU$0.07 | AU$0.21 | x |
| 2024-12-31 | AU$0.06 | AU$0.21 | x |
| 2025-12-31 | AU$0.08 | AU$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flagship Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -618827.73%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (-19.60%) is below the historical average (-16.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.30% | 0.00% | 0.00x | 1.02x | AU$-861.97K |
| 2018 | -9.21% | 0.00% | 0.00x | 1.02x | AU$-1.60 Million |
| 2019 | -9.78% | 0.00% | 0.00x | 1.01x | AU$-1.81 Million |
| 2020 | -9.13% | 0.00% | 0.00x | 1.06x | AU$-1.65 Million |
| 2021 | -13.71% | 0.00% | 0.00x | 1.04x | AU$-2.95 Million |
| 2022 | -19.69% | -82520.85% | 0.00x | 1.06x | AU$-3.09 Million |
| 2023 | -46.74% | -23956.25% | 0.00x | 1.16x | AU$-6.11 Million |
| 2024 | -19.94% | -307779.86% | 0.00x | 1.21x | AU$-3.28 Million |
| 2025 | -19.60% | -618827.73% | 0.00x | 1.12x | AU$-4.11 Million |
Industry Comparison
This section compares Flagship Minerals 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: $4,061,480
- Average return on equity (ROE) among peers: -1631.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flagship Minerals Ltd (FLG) | AU$13.89 Million | -2.30% | 0.12x | $46.86 Million |
| Morella Corporation Ltd (1MC) | $26.74 Million | -3.42% | 0.33x | $7.21 Million |
| Amaero Ltd (3DA) | $8.19 Million | -70.52% | 0.51x | $185.35 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $150.34 Million |
| Atlantic Lithium Ltd (A11) | $138.00K | -62.13% | 3.42x | $175.81 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.97 Million | -13.72% | 0.04x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $3.93 Million | -26.01% | 0.91x | $14.69 Million |
| Accent Resources NL (ACS) | $11.92 Million | -12.41% | 0.02x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.42 Million |
| Andromeda Metals Ltd (ADN) | $6.91K | -16101.53% | 0.21x | $22.90 Million |
About Flagship Minerals Ltd
Flagship Minerals Limited engages in the exploration and development of lithium, gold, and copper deposits in Chile and Thailand. It holds 100% interest in Pantanillo Gold Project located in prolific Maricunga Gold Belt in Northern Chile; Rosario Copper Project located in northern Chile; and RK Lithium Project located in Thailand. The company was formerly known as Pan Asia Metals Limited and chan… Read more