Hamelin Gold Ltd (HMG) - Net Assets
Based on the latest financial reports, Hamelin Gold Ltd (HMG) has net assets worth AU$18.89 Million AUD (≈ $13.36 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$19.34 Million ≈ $13.69 Million USD) and total liabilities (AU$458.38K ≈ $324.33K 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. Also explore total assets of Hamelin Gold Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$18.89 Million |
| % of Total Assets | 97.63% |
| Annual Growth Rate | -2.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.32 |
Hamelin Gold Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Hamelin Gold Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Hamelin Gold Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hamelin Gold Ltd (2020–2024)
The table below shows the annual net assets of Hamelin Gold Ltd from 2020 to 2024. For live valuation and market cap data, see Hamelin Gold Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$18.89 Million ≈ $13.36 Million |
-18.82% |
| 2023-12-31 | AU$23.26 Million ≈ $16.46 Million |
-5.02% |
| 2022-12-31 | AU$24.49 Million ≈ $17.33 Million |
+18.45% |
| 2021-12-31 | AU$20.68 Million ≈ $14.63 Million |
-2.19% |
| 2020-12-31 | AU$21.14 Million ≈ $14.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hamelin Gold 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 196.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$28.29 Million | 149.82% |
| Other Comprehensive Income | AU$1.31 Million | 6.93% |
| Total Equity | AU$18.89 Million | 100.00% |
Hamelin Gold Ltd Competitors by Market Cap
The table below lists competitors of Hamelin Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stallion Uranium Corp.
V:STUD
|
$22.81 Million |
|
Saga Furs Oyj C
HE:SAGCV
|
$22.81 Million |
|
Pudjiadi & Sons Tbk
JK:PNSE
|
$22.81 Million |
|
Hamama
TA:HMAM
|
$22.82 Million |
|
Sakthi Sugars Limited
NSE:SAKHTISUG
|
$22.80 Million |
|
Glunz & Jensen
CO:GJ
|
$22.80 Million |
|
Compugates Holdings Bhd
KLSE:5037
|
$22.79 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
$22.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hamelin Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,261,947 to 18,885,028, a change of -4,376,919 (-18.8%).
- Net loss of 7,270,174 reduced equity.
- Share repurchases of 2,814,250 reduced equity.
- Other comprehensive income increased equity by 241,600.
- Other factors increased equity by 5,465,905.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-7.27 Million | -38.5% |
| Share Repurchases | AU$2.81 Million | -14.9% |
| Other Comprehensive Income | AU$241.60K | +1.28% |
| Other Changes | AU$5.47 Million | +28.94% |
| Total Change | AU$- | -18.82% |
Book Value vs Market Value Analysis
This analysis compares Hamelin Gold 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: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.05x to 1.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | AU$0.18 | AU$0.19 | x |
| 2021-12-31 | AU$0.25 | AU$0.19 | x |
| 2022-12-31 | AU$0.21 | AU$0.19 | x |
| 2023-12-31 | AU$0.15 | AU$0.19 | x |
| 2024-12-31 | AU$0.11 | AU$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hamelin Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -38.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-38.50%) is below the historical average (-10.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.04% | 0.00% | 0.00x | 1.01x | AU$-2.12 Million |
| 2021 | -6.27% | 0.00% | 0.00x | 1.04x | AU$-3.36 Million |
| 2022 | -4.06% | -19573.74% | 0.00x | 1.02x | AU$-3.44 Million |
| 2023 | -5.71% | 0.00% | 0.00x | 1.02x | AU$-3.65 Million |
| 2024 | -38.50% | 0.00% | 0.00x | 1.02x | AU$-9.16 Million |
Industry Comparison
This section compares Hamelin Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $9,255,044
- Average return on equity (ROE) among peers: -41844.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hamelin Gold Ltd (HMG) | AU$18.89 Million | -0.04% | 0.02x | $22.80 Million |
| Australasian Metals Ltd (A8G) | $5.45 Million | -47.41% | 0.04x | $4.10 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $42.19 Million |
| Aruma Resources Ltd (AAJ) | $1.96 Million | -107.25% | 0.07x | $3.63 Million |
| Astral Resources NL (AAR) | $1.12K | -417336.83% | 0.56x | $172.04 Million |
| Antilles Gold Ltd (AAU) | $5.55 Million | -160.53% | 3.72x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $5.99 Million | -12.99% | 0.07x | $7.55 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $30.38 Million | -2.12% | 0.01x | $24.77 Million |
| Ark Mines Ltd (AHK) | $4.41 Million | -22.56% | 0.08x | $12.28 Million |
| Alkane Resources Ltd (ALK) | $16.14 Million | 0.00% | 0.09x | $1.28 Billion |
About Hamelin Gold Ltd
Hamelin Gold Limited operates as a mineral exploration company in the Western Tanami and Yilgarn regions of Western Australia. The company holds 100% interest in the West Tanami Gold Project covering 2,277 square kilometers of gold province located in Western Australia. Hamelin Gold Limited was incorporated in 2021 and is based in Subiaco, Australia.