Hexagon Resources Ltd
Hexagon Energy Materials Limited, together with its subsidiaries, explores for and develops clean energy and energy materials projects in Australia and the United States. It operates through two segments, Mineral Exploration in Australia; and WAH2 Project. The company explores for graphite, gold, nickel, copper, and base metal deposits, as well as platinum group metals. Its flagship project is th… Read more
Hexagon Resources Ltd (HXG) - Net Assets
Latest net assets as of June 2024: AU$1.30 Million AUD
Based on the latest financial reports, Hexagon Resources Ltd (HXG) has net assets worth AU$1.30 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.06 Million) and total liabilities (AU$2.76 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$1.30 Million |
| % of Total Assets | 32.05% |
| Annual Growth Rate | -0.08% |
| 5-Year Change | -51.53% |
| 10-Year Change | -83.49% |
| Growth Volatility | 163.12 |
Hexagon Resources Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Hexagon 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 Hexagon Resources Ltd (2005–2024)
The table below shows the annual net assets of Hexagon Resources Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$1.30 Million | -54.47% |
| 2023-06-30 | AU$2.86 Million | -25.07% |
| 2022-06-30 | AU$3.81 Million | -76.81% |
| 2021-06-30 | AU$16.44 Million | +512.67% |
| 2020-06-30 | AU$2.68 Million | -47.62% |
| 2019-06-30 | AU$5.12 Million | -70.83% |
| 2018-06-30 | AU$17.55 Million | +52.27% |
| 2017-06-30 | AU$11.53 Million | +31.30% |
| 2016-06-30 | AU$8.78 Million | +11.47% |
| 2015-06-30 | AU$7.88 Million | -9.41% |
| 2014-06-30 | AU$8.70 Million | +141.66% |
| 2013-06-30 | AU$3.60 Million | -32.59% |
| 2012-06-30 | AU$5.34 Million | +641.99% |
| 2011-06-30 | AU$-984.77K | -241.34% |
| 2010-06-30 | AU$696.73K | -81.08% |
| 2009-06-30 | AU$3.68 Million | +341.55% |
| 2008-06-30 | AU$834.11K | +28.52% |
| 2007-06-30 | AU$649.00K | -22.46% |
| 2006-06-30 | AU$837.00K | -36.54% |
| 2005-06-30 | AU$1.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hexagon 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 7497581100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$76.28 Million | 5866.51% |
| Total Equity | AU$1.30 Million | 100.00% |
Hexagon Resources Ltd Competitors by Market Cap
The table below lists competitors of Hexagon Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intrasoft Technologies Limited
NSE:ISFT
|
$5.06 Million |
|
Vichitbhan Palmoil Public Company Limited
BK:VPO
|
$5.06 Million |
|
Lena Lighting S.A.
WAR:LEN
|
$5.07 Million |
|
Pasithea Therapeutics Corp
NASDAQ:KTTA
|
$5.07 Million |
|
DILLARDS-A
BE:DL7A
|
$5.06 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
$5.06 Million |
|
Dien Quang JSC
VN:DQC
|
$5.06 Million |
|
Sunshine Biopharma Inc
NASDAQ:SBFM
|
$5.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hexagon Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,855,697 to 1,300,194, a change of -1,555,503 (-54.5%).
- Net loss of 1,555,503 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.56 Million | -119.64% |
| Total Change | AU$- | -54.47% |
Book Value vs Market Value Analysis
This analysis compares Hexagon 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: 7.89x
- 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 7.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$1.53 | AU$0.02 | x |
| 2009-06-30 | AU$2.19 | AU$0.02 | x |
| 2010-06-30 | AU$0.32 | AU$0.02 | x |
| 2011-06-30 | AU$-0.30 | AU$0.02 | x |
| 2012-06-30 | AU$0.55 | AU$0.02 | x |
| 2013-06-30 | AU$0.05 | AU$0.02 | x |
| 2014-06-30 | AU$0.09 | AU$0.02 | x |
| 2015-06-30 | AU$0.06 | AU$0.02 | x |
| 2016-06-30 | AU$0.04 | AU$0.02 | x |
| 2017-06-30 | AU$0.05 | AU$0.02 | x |
| 2018-06-30 | AU$0.07 | AU$0.02 | x |
| 2019-06-30 | AU$0.02 | AU$0.02 | x |
| 2020-06-30 | AU$0.01 | AU$0.02 | x |
| 2021-06-30 | AU$0.05 | AU$0.02 | x |
| 2022-06-30 | AU$0.01 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hexagon Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -119.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -104677.19%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.12x
- Recent ROE (-119.64%) is above the historical average (-126.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -287.41% | -513.71% | 0.25x | 2.28x | AU$-2.48 Million |
| 2009 | -152.07% | -176.16% | 0.61x | 1.41x | AU$-5.97 Million |
| 2010 | -641.61% | -128.23% | 1.22x | 4.11x | AU$-4.54 Million |
| 2011 | 0.00% | -239.87% | 3.51x | 0.00x | AU$-2.48 Million |
| 2012 | -88.75% | 0.00% | 0.00x | 1.16x | AU$-5.27 Million |
| 2013 | -144.95% | 0.00% | 0.00x | 1.10x | AU$-5.58 Million |
| 2014 | -21.72% | -8693.98% | 0.00x | 1.07x | AU$-2.76 Million |
| 2015 | -72.28% | -7393555.84% | 0.00x | 1.06x | AU$-6.48 Million |
| 2016 | -29.27% | -34267.49% | 0.00x | 1.04x | AU$-3.45 Million |
| 2017 | -14.72% | -16617.24% | 0.00x | 1.03x | AU$-2.85 Million |
| 2018 | -7.44% | -23431.84% | 0.00x | 1.02x | AU$-3.06 Million |
| 2019 | -69.02% | -917.66% | 0.07x | 1.08x | AU$-4.03 Million |
| 2020 | -86.62% | -449.27% | 0.17x | 1.14x | AU$-2.59 Million |
| 2021 | -11.03% | -45349.60% | 0.00x | 1.13x | AU$-3.46 Million |
| 2022 | -377.70% | -495825.15% | 0.00x | 1.42x | AU$-14.77 Million |
| 2023 | -33.45% | -28294.14% | 0.00x | 1.56x | AU$-1.24 Million |
| 2024 | -119.64% | -104677.19% | 0.00x | 3.12x | AU$-1.69 Million |
Industry Comparison
This section compares Hexagon 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: $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 |
|---|---|---|---|---|
| Hexagon Resources Ltd (HXG) | AU$1.30 Million | -287.41% | 2.12x | $5.06 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 |