Group 6 Metals Ltd (G6M) - Net Assets
Based on the latest financial reports, Group 6 Metals Ltd (G6M) has net assets worth AU$-81.11 Million AUD (≈ $-57.39 Million USD) 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 ≈ $24.28 Million USD) and total liabilities (AU$115.42 Million ≈ $81.67 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check G6M asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-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. Also explore Group 6 Metals Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Group 6 Metals Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$-57.41 Million ≈ $-40.62 Million |
-180.89% |
| 2023-06-30 | AU$70.97 Million ≈ $50.21 Million |
+197.26% |
| 2022-06-30 | AU$23.87 Million ≈ $16.89 Million |
+258.97% |
| 2021-06-30 | AU$6.65 Million ≈ $4.71 Million |
+702.09% |
| 2020-06-30 | AU$-1.10 Million ≈ $-781.57K |
-182.65% |
| 2019-06-30 | AU$1.34 Million ≈ $945.64K |
-10.38% |
| 2018-06-30 | AU$1.49 Million ≈ $1.06 Million |
-37.60% |
| 2017-06-30 | AU$2.39 Million ≈ $1.69 Million |
+77.96% |
| 2016-06-30 | AU$1.34 Million ≈ $950.16K |
-47.25% |
| 2015-06-30 | AU$2.55 Million ≈ $1.80 Million |
+29.27% |
| 2014-06-30 | AU$1.97 Million ≈ $1.39 Million |
+6.62% |
| 2013-06-30 | AU$1.85 Million ≈ $1.31 Million |
-94.66% |
| 2012-06-30 | AU$34.59 Million ≈ $24.48 Million |
-0.79% |
| 2011-06-30 | AU$34.87 Million ≈ $24.67 Million |
+17.66% |
| 2010-06-30 | AU$29.64 Million ≈ $20.97 Million |
-1.62% |
| 2009-06-30 | AU$30.12 Million ≈ $21.31 Million |
+12.47% |
| 2008-06-30 | AU$26.79 Million ≈ $18.95 Million |
-1.51% |
| 2007-06-30 | AU$27.20 Million ≈ $19.24 Million |
+94.22% |
| 2006-06-30 | AU$14.00 Million ≈ $9.91 Million |
+41.09% |
| 2005-06-30 | AU$9.92 Million ≈ $7.02 Million |
+220.96% |
| 2004-06-30 | AU$3.09 Million ≈ $2.19 Million |
-11.89% |
| 2003-06-30 | AU$3.51 Million ≈ $2.48 Million |
-0.13% |
| 2002-06-30 | AU$3.51 Million ≈ $2.49 Million |
+2.08% |
| 2001-06-30 | AU$3.44 Million ≈ $2.44 Million |
-59.82% |
| 2000-06-30 | AU$8.57 Million ≈ $6.06 Million |
+110.75% |
| 1999-06-30 | AU$4.07 Million ≈ $2.88 Million |
-43.67% |
| 1998-06-30 | AU$7.22 Million ≈ $5.11 Million |
-10.86% |
| 1997-06-30 | AU$8.10 Million ≈ $5.73 Million |
-4.44% |
| 1996-06-30 | AU$8.47 Million ≈ $5.99 Million |
-8.66% |
| 1995-06-30 | AU$9.27 Million ≈ $6.56 Million |
+8.11% |
| 1994-06-30 | AU$8.58 Million ≈ $6.07 Million |
+9.11% |
| 1993-06-30 | AU$7.86 Million ≈ $5.56 Million |
+1161.96% |
| 1992-06-30 | AU$623.00K ≈ $440.81K |
-66.58% |
| 1991-06-30 | AU$1.86 Million ≈ $1.32 Million |
-63.52% |
| 1990-06-30 | AU$5.11 Million ≈ $3.62 Million |
-16.76% |
| 1989-06-30 | AU$6.14 Million ≈ $4.34 Million |
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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 |
|---|---|
|
Ho Wah Genting Bhd
KLSE:9601
|
$6.19 Million |
|
Sky Energy Indonesia Tbk PT
JK:JSKY
|
$6.19 Million |
|
TPI Composites Inc
NASDAQ:TPIC
|
$6.19 Million |
|
BIO-Key International Inc
NASDAQ:BKYI
|
$6.20 Million |
|
Kingfisher Mining Ltd
AU:KFM
|
$6.19 Million |
|
SG Blocks Inc
NASDAQ:SGBX
|
$6.18 Million |
|
Galliford Try PLC
LSE:GFRD
|
$6.18 Million |
|
Blackrock Smaller Companies Trust PLC
LSE:BRSC
|
$6.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Group 6 Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,968,334 to -57,408,000, a change of -128,376,334 (-180.9%).
- Net loss of 133,577,000 reduced equity.
- Share repurchases of 126,000 reduced equity.
- New share issuances of 4,312,000 increased equity.
- Other comprehensive income increased equity by 953,928.
- Other factors increased equity by 60,738.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Group 6 Metals Ltd (G6M) | AU$-81.11 Million | -12.16% | N/A | $6.19 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Group 6 Metals Ltd
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