Haranga Resources Ltd (HAR) - Net Assets

Latest as of June 2025: AU$6.00 Million AUD ≈ $4.25 Million USD

Based on the latest financial reports, Haranga Resources Ltd (HAR) has net assets worth AU$6.00 Million AUD (≈ $4.25 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$6.55 Million ≈ $4.64 Million USD) and total liabilities (AU$551.93K ≈ $390.53K 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 how resilient are Haranga Resources Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$6.00 Million
% of Total Assets	91.58%
Annual Growth Rate	-18.33%
5-Year Change	N/A
10-Year Change	-94.22%
Growth Volatility	31594.63

Haranga Resources Ltd - Net Assets Trend (2010–2024)

This chart illustrates how Haranga Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Haranga Resources Ltd (HAR) total assets for the complete picture of this company's asset base.

Annual Net Assets for Haranga Resources Ltd (2010–2024)

The table below shows the annual net assets of Haranga Resources Ltd from 2010 to 2024. For live valuation and market cap data, see Haranga Resources Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	AU$1.52 Million ≈ $1.08 Million	-64.79%
2023-12-31	AU$4.32 Million ≈ $3.05 Million	+27.12%
2022-12-31	AU$3.40 Million ≈ $2.40 Million	+351.16%
2021-12-31	AU$-1.35 Million ≈ $-956.79K	-463.56%
2020-12-31	AU$-239.95K ≈ $-169.78K	-500.68%
2019-12-31	AU$59.88K ≈ $42.37K	+162.54%
2018-12-31	AU$-95.76K ≈ $-67.75K	-159.20%
2017-12-31	AU$-36.94K ≈ $-26.14K	+88.60%
2016-12-31	AU$-323.99K ≈ $-229.24K	-101.23%
2015-12-31	AU$26.31 Million ≈ $18.62 Million	+2.70%
2014-12-31	AU$25.62 Million ≈ $18.13 Million	-9.42%
2013-12-31	AU$28.29 Million ≈ $20.01 Million	+100438.68%
2012-12-31	AU$28.14K ≈ $19.91K	-99.89%
2011-12-31	AU$25.06 Million ≈ $17.73 Million	-3.16%
2010-12-31	AU$25.87 Million ≈ $18.31 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Haranga 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 6145420300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$53.83 Million	2849.53%
Other Comprehensive Income	AU$9.52 Million	503.74%
Total Equity	AU$1.89 Million	100.00%

Haranga Resources Ltd Competitors by Market Cap

The table below lists competitors of Haranga Resources Ltd ranked by their market capitalization.

Company	Market Cap
Brookside Energy Ltd AU:BRK	$40.91 Million
Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA F:MUT3	$40.92 Million
Honmyue Enterprise Co Ltd TW:1474	$40.92 Million
SIFCO Industries Inc NYSE MKT:SIF	$40.95 Million
JMT Co.Ltd KQ:094970	$40.89 Million
Newbury Street Acquisition Corp NASDAQ:NBST	$40.87 Million
Petershill Partners PLC LSE:PHLL	$40.87 Million
Mtag Group Berhad KLSE:0213	$40.86 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,394,061 to 1,889,000, a change of -2,505,061 (-57.0%).
Net loss of 2,577,000 reduced equity.
Other comprehensive income decreased equity by 446,306.
Other factors increased equity by 518,245.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-2.58 Million	-136.42%
Other Comprehensive Income	AU$-446.31K	-23.63%
Other Changes	AU$518.25K	+27.43%
Total Change	AU$-	-57.01%

Book Value vs Market Value Analysis

This analysis compares Haranga 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: 6.18x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.01x to 6.18x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	AU$12.39	AU$0.13	x
2011-12-31	AU$2.66	AU$0.13	x
2012-12-31	AU$0.59	AU$0.13	x
2013-12-31	AU$529.21	AU$0.13	x
2014-12-31	AU$2.15	AU$0.13	x
2015-12-31	AU$1.59	AU$0.13	x
2016-12-31	AU$0.14	AU$0.13	x
2017-12-31	AU$0.00	AU$0.13	x
2018-12-31	AU$0.00	AU$0.13	x
2019-12-31	AU$0.00	AU$0.13	x
2020-12-31	AU$-0.03	AU$0.13	x
2021-12-31	AU$-0.19	AU$0.13	x
2022-12-31	AU$0.06	AU$0.13	x
2023-12-31	AU$0.07	AU$0.13	x
2024-12-31	AU$0.02	AU$0.13	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Haranga 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): -136.42%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -39075.06%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.20x
Recent ROE (-136.42%) is below the historical average (-120.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	-9.22%	0.00%	0.00x	1.05x	AU$-4.81 Million
2011	-18.96%	0.00%	0.00x	1.05x	AU$-7.03 Million
2012	-11.15%	0.00%	0.00x	1.06x	AU$-5.78K
2013	-23.67%	0.00%	0.00x	1.01x	AU$-9.43 Million
2014	-8.29%	-9844.15%	0.00x	1.02x	AU$-4.64 Million
2015	-5.36%	-17366.46%	0.00x	1.03x	AU$-4.00 Million
2016	-806.77%	-1875909.09%	0.00x	0.25x	AU$-20.89 Million
2017	0.00%	18550.51%	0.00x	0.00x	AU$148.39K
2018	0.00%	-23076.92%	0.01x	0.00x	AU$-110.42K
2019	-482.54%	-412814.29%	0.00x	3.29x	AU$-294.96K
2020	0.00%	-3000000.00%	0.00x	0.00x	AU$-276.01K
2021	0.00%	-1975000.00%	0.00x	0.00x	AU$-1.05 Million
2022	-232.87%	0.00%	0.00x	1.37x	AU$-7.91 Million
2023	-77.83%	-35214.17%	0.00x	1.02x	AU$-3.86 Million
2024	-136.42%	-39075.06%	0.00x	1.20x	AU$-2.77 Million

Industry Comparison

This section compares Haranga Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

Industry: Other Precious Metals & Mining
Average net assets among peers: $108,704,405
Average return on equity (ROE) among peers: -60.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Haranga Resources Ltd (HAR)	AU$6.00 Million	-9.22%	0.09x	$40.89 Million
29METALS Ltd (29M)	$715.69 Million	-6.60%	0.81x	$297.19 Million
Aic Mines Ltd (A1M)	$46.60 Million	-91.64%	0.23x	$341.44 Million
Austral Gold Ltd (AGD)	$58.26 Million	-15.21%	0.84x	$66.18 Million
Alvo Minerals Ltd (ALV)	$320.88K	-110.98%	0.80x	$7.60 Million
Alicanto Minerals Ltd (AQI)	$2.54 Million	-215.43%	0.16x	$136.26 Million
Argent Minerals Ltd (ARD)	$2.40 Million	-88.19%	0.07x	$26.37 Million
Askari Metals Ltd (AS2)	$11.00 Million	-56.43%	0.12x	$5.44 Million
Avira Resources Ltd (AVW)	$5.57 Million	-12.76%	0.16x	$3.71 Million
Antipa Minerals Ltd (AZY)	$12.76 Million	-5.12%	0.04x	$304.70 Million
Burgundy Diamond Mines Ltd (BDM)	$231.89 Million	-0.88%	3.22x	$17.10 Million

About Haranga Resources Ltd

AU:HAR Australia Other Precious Metals & Mining

Market Cap

$40.89 Million

AU$57.79 Million AUD

Market Cap Rank

#22616 Global

#854 in Australia

Share Price

AU$0.13

Change (1 day)

+0.00%

52-Week Range

AU$0.05 - AU$0.23

All Time High

AU$0.27