Greenwing Resources Ltd (GW1) - Net Assets
Based on the latest financial reports, Greenwing Resources Ltd (GW1) has net assets worth AU$21.69 Million AUD (≈ $15.35 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$26.19 Million ≈ $18.53 Million USD) and total liabilities (AU$4.50 Million ≈ $3.19 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 GW1 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$21.69 Million |
| % of Total Assets | 82.8% |
| Annual Growth Rate | 12.35% |
| 5-Year Change | 423.43% |
| 10-Year Change | 318.67% |
| Growth Volatility | 69.72 |
Greenwing Resources Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Greenwing Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Greenwing Resources Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Greenwing Resources Ltd (2004–2024)
The table below shows the annual net assets of Greenwing Resources Ltd from 2004 to 2024. For live valuation and market cap data, see Greenwing Resources Ltd (GW1) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$21.69 Million ≈ $15.35 Million |
+31.59% |
| 2023-12-31 | AU$16.48 Million ≈ $11.66 Million |
+28.38% |
| 2022-12-31 | AU$12.84 Million ≈ $9.08 Million |
+34.74% |
| 2021-12-31 | AU$9.53 Million ≈ $6.74 Million |
+129.95% |
| 2020-12-31 | AU$4.14 Million ≈ $2.93 Million |
+65.27% |
| 2019-12-31 | AU$2.51 Million ≈ $1.77 Million |
-81.10% |
| 2018-12-31 | AU$13.27 Million ≈ $9.39 Million |
-20.82% |
| 2017-12-31 | AU$16.75 Million ≈ $11.85 Million |
+115.26% |
| 2016-12-31 | AU$7.78 Million ≈ $5.51 Million |
+50.23% |
| 2015-12-31 | AU$5.18 Million ≈ $3.67 Million |
+51.51% |
| 2014-12-31 | AU$3.42 Million ≈ $2.42 Million |
-7.76% |
| 2013-12-31 | AU$3.71 Million ≈ $2.62 Million |
-34.81% |
| 2012-12-31 | AU$5.69 Million ≈ $4.02 Million |
-67.60% |
| 2011-12-31 | AU$17.55 Million ≈ $12.42 Million |
-68.82% |
| 2010-12-31 | AU$56.29 Million ≈ $39.83 Million |
-0.48% |
| 2009-12-31 | AU$56.56 Million ≈ $40.02 Million |
+35.59% |
| 2008-12-31 | AU$41.72 Million ≈ $29.52 Million |
+87.21% |
| 2007-12-31 | AU$22.28 Million ≈ $15.77 Million |
+62.60% |
| 2006-12-31 | AU$13.70 Million ≈ $9.70 Million |
+184.17% |
| 2005-12-31 | AU$4.82 Million ≈ $3.41 Million |
+128.33% |
| 2004-12-31 | AU$2.11 Million ≈ $1.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Greenwing 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 9990164300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$121.62 Million | 560.75% |
| Other Comprehensive Income | AU$160.62K | 0.74% |
| Total Equity | AU$21.69 Million | 100.00% |
Greenwing Resources Ltd Competitors by Market Cap
The table below lists competitors of Greenwing Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Job Solution Sweden Holding AB
ST:JOBS
|
$17.38 Million |
|
Hang Feng Technology Innovation Co., Ltd.
NASDAQ:FOFO
|
$17.38 Million |
|
Ancora Indonesia Resources Tbk
JK:OKAS
|
$17.38 Million |
|
SPAR Group Inc
NASDAQ:SGRP
|
$17.39 Million |
|
Trilogiq
PA:ALTRI
|
$17.36 Million |
|
Keyware Technologies NV
BR:KEYW
|
$17.34 Million |
|
AlzeCure Pharma
ST:ALZCUR
|
$17.31 Million |
|
Pinehill Pacific Bhd
KLSE:1902
|
$17.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenwing Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,481,969 to 21,688,579, a change of 5,206,610 (31.6%).
- Net income of 1,603,075 contributed positively to equity growth.
- Share repurchases of 3,202,400 reduced equity.
- Other comprehensive income decreased equity by 954,562.
- Other factors increased equity by 7,760,497.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.60 Million | +7.39% |
| Share Repurchases | AU$3.20 Million | -14.77% |
| Other Comprehensive Income | AU$-954.56K | -4.4% |
| Other Changes | AU$7.76 Million | +35.78% |
| Total Change | AU$- | 31.59% |
Book Value vs Market Value Analysis
This analysis compares Greenwing 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: 0.83x
- 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.
- The price-to-book ratio has increased from 0.02x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | AU$3.41 | AU$0.07 | x |
| 2005-12-31 | AU$4.50 | AU$0.07 | x |
| 2006-12-31 | AU$6.56 | AU$0.07 | x |
| 2007-12-31 | AU$6.81 | AU$0.07 | x |
| 2008-12-31 | AU$11.28 | AU$0.07 | x |
| 2009-12-31 | AU$12.74 | AU$0.07 | x |
| 2010-12-31 | AU$9.42 | AU$0.07 | x |
| 2011-12-31 | AU$2.20 | AU$0.07 | x |
| 2012-12-31 | AU$0.90 | AU$0.07 | x |
| 2013-12-31 | AU$0.55 | AU$0.07 | x |
| 2014-12-31 | AU$0.47 | AU$0.07 | x |
| 2015-12-31 | AU$0.61 | AU$0.07 | x |
| 2016-12-31 | AU$0.32 | AU$0.07 | x |
| 2017-12-31 | AU$0.42 | AU$0.07 | x |
| 2018-12-31 | AU$0.25 | AU$0.07 | x |
| 2019-12-31 | AU$0.04 | AU$0.07 | x |
| 2020-12-31 | AU$0.05 | AU$0.07 | x |
| 2021-12-31 | AU$0.08 | AU$0.07 | x |
| 2022-12-31 | AU$0.09 | AU$0.07 | x |
| 2023-12-31 | AU$0.10 | AU$0.07 | x |
| 2024-12-31 | AU$0.09 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenwing Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.21x
- Recent ROE (7.39%) is above the historical average (-73.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -9.00% | -19609.70% | 0.00x | 1.03x | AU$-401.22K |
| 2005 | -14.77% | -2283.61% | 0.01x | 1.11x | AU$-1.17 Million |
| 2006 | -9.57% | -88708.59% | 0.00x | 1.06x | AU$-2.68 Million |
| 2007 | 7.97% | 18.95% | 0.36x | 1.17x | AU$-452.27K |
| 2008 | 45.84% | 80.32% | 0.37x | 1.55x | AU$14.95 Million |
| 2009 | -0.72% | -2.18% | 0.23x | 1.44x | AU$-6.06 Million |
| 2010 | -24.49% | -60.38% | 0.21x | 1.94x | AU$-19.41 Million |
| 2011 | -314.62% | -59.08% | 2.97x | 1.79x | AU$-56.97 Million |
| 2012 | -213.99% | -602.63% | 0.30x | 1.18x | AU$-12.74 Million |
| 2013 | -56.31% | -7526.14% | 0.01x | 1.22x | AU$-2.46 Million |
| 2014 | -15.72% | 0.00% | 0.00x | 1.23x | AU$-879.41K |
| 2015 | 15.35% | 0.00% | 0.00x | 1.34x | AU$276.98K |
| 2016 | -127.26% | -3469.14% | 0.03x | 1.37x | AU$-10.68 Million |
| 2017 | -26.55% | -11472.79% | 0.00x | 1.11x | AU$-6.12 Million |
| 2018 | -56.92% | -568.60% | 0.07x | 1.34x | AU$-8.88 Million |
| 2019 | -503.68% | -888.05% | 0.13x | 4.21x | AU$-12.88 Million |
| 2020 | -151.49% | -32790.05% | 0.00x | 2.39x | AU$-6.69 Million |
| 2021 | -44.03% | -317803.03% | 0.00x | 1.59x | AU$-5.15 Million |
| 2022 | -35.18% | -7891.33% | 0.00x | 1.96x | AU$-5.80 Million |
| 2023 | -12.08% | 0.00% | 0.00x | 1.51x | AU$-3.64 Million |
| 2024 | 7.39% | 0.00% | 0.00x | 1.21x | AU$-565.78K |
Industry Comparison
This section compares Greenwing 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: $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 |
|---|---|---|---|---|
| Greenwing Resources Ltd (GW1) | AU$21.69 Million | -9.00% | 0.21x | $17.38 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 Greenwing Resources Ltd
Greenwing Resources Ltd engages in the exploration, development, and maintenance of its graphite mines, polymetallic projects, and lithium assets in Madagascar, Australia, and Argentina. The company operates through the Graphite Mining and Exploration " Lithium segments. It primarily explores for lithium and graphite. The company was formerly known as Bass Metals Limited and changed its name to G… Read more