Group 6 Metals Ltd

AU:G6M Australia Other Industrial Metals & Mining
Market Cap
$383.18 Million
AU$618.84 Million AUD
Market Cap Rank
#32215 Global
#1052 in Australia
Share Price
AU$2.50
Change (1 day)
+0.00%
52-Week Range
AU$0.03 - AU$2.50
All Time High
AU$2.50
Categories
Companies in Australia Other Industrial Metals & Mining
About

Group 6 Metals Limited operates as resources exploration and development company in Tasmania and Europe. It explores for tungsten concentrate. The company focuses on the Dolphin Tungsten mine located in King Island, Tasmania. The company was formerly known as King Island Scheelite Limited and changed its name to Group 6 Metals Limited in November 2021. Group 6 Metals Limited was incorporated in 1… Read more

Group 6 Metals Ltd (G6M) - Net Assets

Latest net assets as of December 2024: AU$-81.11 Million AUD

Based on the latest financial reports, Group 6 Metals Ltd (G6M) has net assets worth AU$-81.11 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$34.31 Million) and total liabilities (AU$115.42 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 AU$-81.11 Million
% of Total Assets -236.38%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change -2355.25%
Growth Volatility 214.94

Group 6 Metals Ltd - Net Assets Trend (1989–2024)

This chart illustrates how Group 6 Metals 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 Group 6 Metals Ltd (1989–2024)

The table below shows the annual net assets of Group 6 Metals Ltd from 1989 to 2024.

Year Net Assets Change
2024-06-30 AU$-57.41 Million -180.89%
2023-06-30 AU$70.97 Million +197.26%
2022-06-30 AU$23.87 Million +258.97%
2021-06-30 AU$6.65 Million +702.09%
2020-06-30 AU$-1.10 Million -182.65%
2019-06-30 AU$1.34 Million -10.38%
2018-06-30 AU$1.49 Million -37.60%
2017-06-30 AU$2.39 Million +77.96%
2016-06-30 AU$1.34 Million -47.25%
2015-06-30 AU$2.55 Million +29.27%
2014-06-30 AU$1.97 Million +6.62%
2013-06-30 AU$1.85 Million -94.66%
2012-06-30 AU$34.59 Million -0.79%
2011-06-30 AU$34.87 Million +17.66%
2010-06-30 AU$29.64 Million -1.62%
2009-06-30 AU$30.12 Million +12.47%
2008-06-30 AU$26.79 Million -1.51%
2007-06-30 AU$27.20 Million +94.22%
2006-06-30 AU$14.00 Million +41.09%
2005-06-30 AU$9.92 Million +220.96%
2004-06-30 AU$3.09 Million -11.89%
2003-06-30 AU$3.51 Million -0.13%
2002-06-30 AU$3.51 Million +2.08%
2001-06-30 AU$3.44 Million -59.82%
2000-06-30 AU$8.57 Million +110.75%
1999-06-30 AU$4.07 Million -43.67%
1998-06-30 AU$7.22 Million -10.86%
1997-06-30 AU$8.10 Million -4.44%
1996-06-30 AU$8.47 Million -8.66%
1995-06-30 AU$9.27 Million +8.11%
1994-06-30 AU$8.58 Million +9.11%
1993-06-30 AU$7.86 Million +1161.96%
1992-06-30 AU$623.00K -66.58%
1991-06-30 AU$1.86 Million -63.52%
1990-06-30 AU$5.11 Million -16.76%
1989-06-30 AU$6.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to Group 6 Metals 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 23508900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$157.15 Million %
Other Comprehensive Income AU$22.08 Million %
Total Equity AU$-57.41 Million 100.00%

Group 6 Metals Ltd Competitors by Market Cap

The table below lists competitors of Group 6 Metals Ltd ranked by their market capitalization.

Company Market Cap
Kineta Inc.
NASDAQ:KA
 		$3.83 Million
Megapolitan Developments Tbk
JK:EMDE
 		$3.83 Million
Sahathai Terminal Public Company Limited
BK:PORT
 		$3.84 Million
ADV. SOLTEC.SWE. AB 10/21
F:7ST0
 		$3.84 Million
Venari Minerals NL
AU:VMS
 		$3.83 Million
Saigon Garment Manufacturing Trade JSC
VN:GMC
 		$3.83 Million
CytoMed Therapeutics Limited Ordinary Shares
NASDAQ:GDTC
 		$3.83 Million
Cardio Diagnostics Holdings Inc
NASDAQ:CDIO
 		$3.83 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Group 6 Metals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 70,968,334 to -57,408,000, a change of -128,376,334 (-180.9%).
  • Net loss of 133,577,000 reduced equity.
  • Share repurchases of 126,000 reduced equity.
  • New share issuances of 4,312,000 increased equity.
  • Other comprehensive income increased equity by 953,928.
  • Other factors increased equity by 60,738.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-133.58 Million -232.68%
Share Repurchases AU$126.00K -0.22%
Share Issuances AU$4.31 Million +7.51%
Other Comprehensive Income AU$953.93K +1.66%
Other Changes AU$60.74K +0.11%
Total Change AU$- -180.89%

Book Value vs Market Value Analysis

This analysis compares Group 6 Metals 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$1.08 AU$2.50 x
1990-06-30 AU$0.90 AU$2.50 x
1991-06-30 AU$0.33 AU$2.50 x
1992-06-30 AU$0.11 AU$2.50 x
1993-06-30 AU$0.45 AU$2.50 x
1994-06-30 AU$0.41 AU$2.50 x
1995-06-30 AU$0.40 AU$2.50 x
1996-06-30 AU$0.35 AU$2.50 x
1997-06-30 AU$0.34 AU$2.50 x
1998-06-30 AU$0.32 AU$2.50 x
1999-06-30 AU$0.20 AU$2.50 x
2000-06-30 AU$0.55 AU$2.50 x
2001-06-30 AU$0.13 AU$2.50 x
2002-06-30 AU$0.16 AU$2.50 x
2003-06-30 AU$0.16 AU$2.50 x
2004-06-30 AU$0.14 AU$2.50 x
2005-06-30 AU$0.43 AU$2.50 x
2006-06-30 AU$0.37 AU$2.50 x
2007-06-30 AU$0.64 AU$2.50 x
2008-06-30 AU$0.60 AU$2.50 x
2009-06-30 AU$0.47 AU$2.50 x
2010-06-30 AU$0.42 AU$2.50 x
2011-06-30 AU$0.48 AU$2.50 x
2012-06-30 AU$0.38 AU$2.50 x
2013-06-30 AU$0.02 AU$2.50 x
2014-06-30 AU$0.01 AU$2.50 x
2015-06-30 AU$0.02 AU$2.50 x
2016-06-30 AU$0.01 AU$2.50 x
2017-06-30 AU$0.01 AU$2.50 x
2018-06-30 AU$0.01 AU$2.50 x
2019-06-30 AU$0.01 AU$2.50 x
2020-06-30 AU$0.00 AU$2.50 x
2021-06-30 AU$0.02 AU$2.50 x
2022-06-30 AU$0.04 AU$2.50 x
2023-06-30 AU$0.10 AU$2.50 x
2024-06-30 AU$-0.06 AU$2.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Group 6 Metals 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1078.71%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-40.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -12.16% 0.00% 0.00x 1.29x AU$-1.79 Million
1998 7.25% 0.00% 0.00x 1.35x AU$-198.60K
1999 -77.52% 0.00% 0.00x 1.77x AU$-3.56 Million
2000 2.04% 0.00% 0.00x 1.64x AU$-676.90K
2001 -146.92% -53.27% 1.59x 1.74x AU$-5.40 Million
2002 2.05% 1.68% 0.85x 1.44x AU$-279.26K
2003 -0.13% -0.21% 0.52x 1.18x AU$-355.34K
2004 -13.49% -35.73% 0.34x 1.10x AU$-726.19K
2005 0.12% 2.16% 0.05x 1.04x AU$-980.59K
2006 -5.77% 0.00% 0.00x 1.21x AU$-2.21 Million
2007 -3.72% 0.00% 0.00x 1.13x AU$-3.73 Million
2008 -1.53% 0.00% 0.00x 1.11x AU$-3.09 Million
2009 -4.84% 0.00% 0.00x 1.11x AU$-4.47 Million
2010 -1.95% 0.00% 0.00x 1.13x AU$-3.54 Million
2011 1.73% 0.00% 0.00x 1.08x AU$-2.88 Million
2012 -1.61% 0.00% 0.00x 1.05x AU$-4.02 Million
2013 -58.64% 0.00% 0.00x 1.10x AU$-1.27 Million
2014 -103.09% -3340.52% 0.03x 1.12x AU$-2.23 Million
2015 -129.21% -2788.85% 0.04x 1.13x AU$-3.54 Million
2016 -94.43% -1124.70% 0.04x 1.95x AU$-1.40 Million
2017 -35.73% -753.76% 0.04x 1.18x AU$-1.09 Million
2018 -90.22% -2411.36% 0.03x 1.20x AU$-1.49 Million
2019 -215.04% 0.00% 0.00x 3.28x AU$-3.01 Million
2020 0.00% 0.00% 0.00x 0.00x AU$-2.64 Million
2021 -73.30% 0.00% 0.00x 1.10x AU$-5.54 Million
2022 -57.17% 0.00% 0.00x 2.32x AU$-16.04 Million
2023 -30.81% 0.00% 0.00x 1.97x AU$-28.96 Million
2024 0.00% -1078.71% 0.33x 0.00x AU$-127.84 Million

Industry Comparison

This section compares Group 6 Metals 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
Group 6 Metals Ltd (G6M) AU$-81.11 Million -12.16% N/A $3.83 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