Genmin Ltd
Genmin Limited, an exploration and development company, produces iron ores in Africa. Its flagship property comprises 100% owned project, the Baniaka iron ore located in south-east Gabon, west Central Africa. Genmin Limited was incorporated in 2010 and is based in West Perth, Australia.
Genmin Ltd (GEN) - Net Assets
Latest net assets as of June 2025: AU$38.80 Million AUD
Based on the latest financial reports, Genmin Ltd (GEN) has net assets worth AU$38.80 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$72.00 Million) and total liabilities (AU$33.20 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$38.80 Million |
| % of Total Assets | 53.89% |
| Annual Growth Rate | 16.54% |
| 5-Year Change | 143.19% |
| 10-Year Change | N/A |
| Growth Volatility | 35.43 |
Genmin Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Genmin 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 Genmin Ltd (2017–2024)
The table below shows the annual net assets of Genmin Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$54.37 Million | +15.88% |
| 2023-12-31 | AU$46.92 Million | +24.09% |
| 2022-12-31 | AU$37.81 Million | -5.65% |
| 2021-12-31 | AU$40.08 Million | +79.26% |
| 2020-12-31 | AU$22.36 Million | -30.42% |
| 2019-12-31 | AU$32.13 Million | +5.78% |
| 2018-12-31 | AU$30.37 Million | +63.12% |
| 2017-12-31 | AU$18.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genmin 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 7495577100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$141.36 Million | 259.30% |
| Other Comprehensive Income | AU$-4.53 Million | -8.32% |
| Total Equity | AU$54.52 Million | 100.00% |
Genmin Ltd Competitors by Market Cap
The table below lists competitors of Genmin Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viratech Corp
PINK:VIRA
|
$2.40 Million |
|
Proteak Uno S.A.B. de C.V
MX:TEAKCPO
|
$2.40 Million |
|
Saudee Group Bhd
KLSE:5157
|
$2.40 Million |
|
Galilee Energy Ltd
AU:GLL
|
$2.40 Million |
|
RAADR Inc
PINK:RDAR
|
$2.40 Million |
|
HeartCore Enterprises Inc
NASDAQ:HTCR
|
$2.40 Million |
|
Pioneer Lithium Ltd
AU:PLN
|
$2.40 Million |
|
PT Logisticsplus International Tbk
JK:LOPI
|
$2.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genmin Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,785,000 to 54,516,676, a change of 29,731,676 (120.0%).
- Net loss of 17,257,453 reduced equity.
- Share repurchases of 1,495,000 reduced equity.
- New share issuances of 16,419,000 increased equity.
- Other comprehensive income decreased equity by 1,718,634.
- Other factors increased equity by 33,783,763.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-17.26 Million | -31.66% |
| Share Repurchases | AU$1.50 Million | -2.74% |
| Share Issuances | AU$16.42 Million | +30.12% |
| Other Comprehensive Income | AU$-1.72 Million | -3.15% |
| Other Changes | AU$33.78 Million | +61.97% |
| Total Change | AU$- | 119.96% |
Book Value vs Market Value Analysis
This analysis compares Genmin 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: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.04 | AU$0.01 | x |
| 2018-12-31 | AU$0.07 | AU$0.01 | x |
| 2019-12-31 | AU$0.07 | AU$0.01 | x |
| 2020-12-31 | AU$0.05 | AU$0.01 | x |
| 2021-12-31 | AU$0.09 | AU$0.01 | x |
| 2022-12-31 | AU$82.44 | AU$0.01 | x |
| 2023-12-31 | AU$0.05 | AU$0.01 | x |
| 2024-12-31 | AU$0.07 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genmin Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -78442.97%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.48x
- Recent ROE (-31.66%) is below the historical average (-24.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -13.43% | 0.00% | 0.00x | 1.05x | AU$-4.36 Million |
| 2018 | -21.21% | 0.00% | 0.00x | 1.04x | AU$-9.50 Million |
| 2019 | -4.79% | -164235.11% | 0.00x | 1.03x | AU$-4.77 Million |
| 2020 | -12.51% | -342049.88% | 0.00x | 1.19x | AU$-5.05 Million |
| 2021 | -9.75% | -13741.38% | 0.00x | 1.04x | AU$-8.07 Million |
| 2022 | -21.13% | -133466.67% | 0.00x | 1.38x | AU$-11.80 Million |
| 2023 | -80.09% | -198503.62% | 0.00x | 2.82x | AU$-22.33 Million |
| 2024 | -31.66% | -78442.97% | 0.00x | 1.48x | AU$-22.71 Million |
Industry Comparison
This section compares Genmin 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 |
|---|---|---|---|---|
| Genmin Ltd (GEN) | AU$38.80 Million | -13.43% | 0.86x | $2.40 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 |