Highfield Resources Ltd
Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. The company's potash projects are located in the Ebro potash producing basin in Northern Spain. Its flagship property includes the Muga-Vipasca project that targets sylvinite beds in the Muga Project area, which covers an area of approximately 40 square kilometers loca… Read more
Highfield Resources Ltd (HFR) - Net Assets
Latest net assets as of June 2025: AU$114.74 Million AUD
Based on the latest financial reports, Highfield Resources Ltd (HFR) has net assets worth AU$114.74 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$187.45 Million) and total liabilities (AU$72.71 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$114.74 Million |
| % of Total Assets | 61.21% |
| Annual Growth Rate | 32.57% |
| 5-Year Change | 12.75% |
| 10-Year Change | -5.96% |
| Growth Volatility | 194.99 |
Highfield Resources Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Highfield Resources 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 Highfield Resources Ltd (2011–2024)
The table below shows the annual net assets of Highfield Resources Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$145.28 Million | +1.39% |
| 2023-12-31 | AU$143.29 Million | -3.00% |
| 2022-12-31 | AU$147.72 Million | +6.63% |
| 2021-12-31 | AU$138.54 Million | +7.52% |
| 2020-12-31 | AU$128.86 Million | -15.77% |
| 2019-12-31 | AU$152.98 Million | -3.88% |
| 2018-12-31 | AU$159.16 Million | +0.73% |
| 2017-12-31 | AU$158.01 Million | +1.31% |
| 2016-12-31 | AU$155.98 Million | +0.97% |
| 2015-12-31 | AU$154.48 Million | -7.13% |
| 2014-12-31 | AU$166.34 Million | +226.85% |
| 2013-12-31 | AU$50.89 Million | +67.44% |
| 2012-12-31 | AU$30.40 Million | +717.54% |
| 2011-12-31 | AU$3.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highfield 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 11661080600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$223.29 Million | 153.69% |
| Other Comprehensive Income | AU$39.00 Million | 26.84% |
| Total Equity | AU$145.28 Million | 100.00% |
Highfield Resources Ltd Competitors by Market Cap
The table below lists competitors of Highfield Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VERTEX PHARMACEUTIC - Dusseldorf Stock Exchang
DU:VX1
|
$4.31 Million |
|
Resintech Bhd
KLSE:7232
|
$4.31 Million |
|
Avillion Bhd
KLSE:8885
|
$4.31 Million |
|
The Tinley Beverage Company Inc
OTCQB:TNYBF
|
$4.31 Million |
|
FMR Resources Ltd
AU:FMR
|
$4.30 Million |
|
Barnwell Industries Inc
NYSE MKT:BRN
|
$4.30 Million |
|
Blue Moon Metals Inc
PINK:BMOOF
|
$4.30 Million |
|
Prismaflex International S.A.
STU:RFX
|
$4.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highfield Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,294,675 to 145,283,177, a change of 1,988,502 (1.4%).
- Net loss of 19,234,078 reduced equity.
- Share repurchases of 472,515 reduced equity.
- New share issuances of 17,015,224 increased equity.
- Other comprehensive income increased equity by 4,677,579.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-19.23 Million | -13.24% |
| Share Repurchases | AU$472.51K | -0.33% |
| Share Issuances | AU$17.02 Million | +11.71% |
| Other Comprehensive Income | AU$4.68 Million | +3.22% |
| Other Changes | AU$2.29K | +0.0% |
| Total Change | AU$- | 1.39% |
Book Value vs Market Value Analysis
This analysis compares Highfield 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: 0.08x
- 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 decreased from 0.27x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | AU$0.11 | AU$0.03 | x |
| 2012-12-31 | AU$0.37 | AU$0.03 | x |
| 2013-12-31 | AU$0.38 | AU$0.03 | x |
| 2014-12-31 | AU$0.77 | AU$0.03 | x |
| 2015-12-31 | AU$0.50 | AU$0.03 | x |
| 2016-12-31 | AU$0.49 | AU$0.03 | x |
| 2017-12-31 | AU$0.49 | AU$0.03 | x |
| 2018-12-31 | AU$0.48 | AU$0.03 | x |
| 2019-12-31 | AU$0.46 | AU$0.03 | x |
| 2020-12-31 | AU$0.39 | AU$0.03 | x |
| 2021-12-31 | AU$0.40 | AU$0.03 | x |
| 2022-12-31 | AU$0.40 | AU$0.03 | x |
| 2023-12-31 | AU$0.37 | AU$0.03 | x |
| 2024-12-31 | AU$0.36 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highfield Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.52x
- Recent ROE (-13.24%) is below the historical average (-7.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -10.45% | 0.00% | 0.00x | 1.03x | AU$-760.49K |
| 2012 | -11.48% | -13697.71% | 0.00x | 1.01x | AU$-6.53 Million |
| 2013 | -10.86% | 0.00% | 0.00x | 1.04x | AU$-10.62 Million |
| 2014 | -5.67% | 0.00% | 0.00x | 1.02x | AU$-26.07 Million |
| 2015 | -6.88% | -445.85% | 0.02x | 1.03x | AU$-26.07 Million |
| 2016 | -4.53% | -3560.70% | 0.00x | 1.01x | AU$-22.71 Million |
| 2017 | -0.79% | -16608.58% | 0.00x | 1.02x | AU$-17.04 Million |
| 2018 | -2.66% | 0.00% | 0.00x | 1.02x | AU$-20.15 Million |
| 2019 | -4.92% | 0.00% | 0.00x | 1.03x | AU$-22.82 Million |
| 2020 | -18.93% | 0.00% | 0.00x | 1.04x | AU$-37.28 Million |
| 2021 | -4.84% | 0.00% | 0.00x | 1.02x | AU$-20.55 Million |
| 2022 | -3.92% | 0.00% | 0.00x | 1.14x | AU$-20.56 Million |
| 2023 | -8.45% | 0.00% | 0.00x | 1.42x | AU$-26.44 Million |
| 2024 | -13.24% | 0.00% | 0.00x | 1.52x | AU$-33.76 Million |
Industry Comparison
This section compares Highfield Resources Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $10,818,886
- Average return on equity (ROE) among peers: -32.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highfield Resources Ltd (HFR) | AU$114.74 Million | -10.45% | 0.63x | $4.31 Million |
| Canadian Phosphate Ltd (CP8) | $7.24 Million | -21.22% | 0.05x | $7.47 Million |
| Fertoz Ltd (FTZ) | $2.37 Million | 0.00% | 0.03x | $2.83 Million |
| Minbos Resources Ltd (MNB) | $9.34 Million | -28.70% | 0.63x | $13.38 Million |
| Neurizer Ltd (NRZ) | $29.75 Million | -32.06% | 0.18x | $1.11 Million |
| RLF Agtech Ltd (RLF) | $8.47 Million | -41.37% | 1.08x | $7.28 Million |
| Terragen Holdings Ltd (TGH) | $7.76 Million | -69.67% | 0.19x | $3.59 Million |