Jupiter Mines Ltd (JMS) - Net Assets
Based on the latest financial reports, Jupiter Mines Ltd (JMS) has net assets worth AU$567.41 Million AUD (≈ $401.48 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$609.09 Million ≈ $430.97 Million USD) and total liabilities (AU$41.69 Million ≈ $29.50 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 tangible equity quality of Jupiter Mines Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$567.41 Million |
| % of Total Assets | 93.16% |
| Annual Growth Rate | 38.61% |
| 5-Year Change | 30.34% |
| 10-Year Change | 18.47% |
| Growth Volatility | 369.35 |
Jupiter Mines Ltd - Net Assets Trend (2004–2026)
This chart illustrates how Jupiter Mines Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Jupiter Mines Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jupiter Mines Ltd (2004–2026)
The table below shows the annual net assets of Jupiter Mines Ltd from 2004 to 2026. For live valuation and market cap data, see market cap of Jupiter Mines Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | AU$567.41 Million ≈ $401.48 Million |
+0.38% |
| 2025-02-28 | AU$565.25 Million ≈ $399.95 Million |
+4.03% |
| 2024-02-29 | AU$543.35 Million ≈ $384.45 Million |
+15.14% |
| 2023-02-28 | AU$471.90 Million ≈ $333.90 Million |
+8.40% |
| 2022-02-28 | AU$435.32 Million ≈ $308.02 Million |
-5.22% |
| 2021-02-28 | AU$459.32 Million ≈ $325.00 Million |
+7.82% |
| 2020-02-29 | AU$426.02 Million ≈ $301.43 Million |
+4.03% |
| 2019-02-28 | AU$409.49 Million ≈ $289.74 Million |
-12.16% |
| 2018-02-28 | AU$466.16 Million ≈ $329.84 Million |
-2.67% |
| 2017-02-28 | AU$478.96 Million ≈ $338.90 Million |
+74.08% |
| 2016-02-29 | AU$275.14 Million ≈ $194.68 Million |
-38.52% |
| 2015-02-28 | AU$447.54 Million ≈ $316.66 Million |
-6.76% |
| 2014-02-28 | AU$480.00 Million ≈ $339.63 Million |
-1.12% |
| 2013-02-28 | AU$485.41 Million ≈ $343.46 Million |
+18.39% |
| 2012-02-29 | AU$410.00 Million ≈ $290.10 Million |
-5.09% |
| 2011-02-28 | AU$432.00 Million ≈ $305.67 Million |
+1460.97% |
| 2010-02-28 | AU$27.68 Million ≈ $19.58 Million |
+34.68% |
| 2009-02-28 | AU$20.55 Million ≈ $14.54 Million |
-8.80% |
| 2008-02-29 | AU$22.53 Million ≈ $15.94 Million |
+34.63% |
| 2007-02-28 | AU$16.74 Million ≈ $11.84 Million |
+202.06% |
| 2006-02-28 | AU$5.54 Million ≈ $3.92 Million |
+7.80% |
| 2005-02-28 | AU$5.14 Million ≈ $3.64 Million |
+1092.58% |
| 2004-02-29 | AU$431.00K ≈ $304.96K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jupiter Mines 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 grown by 18237059800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$182.37 Million | 32.14% |
| Common Stock | AU$384.71 Million | 67.80% |
| Other Comprehensive Income | AU$323.99K | 0.06% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$567.41 Million | 100.00% |
Jupiter Mines Ltd Competitors by Market Cap
The table below lists competitors of Jupiter Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vigil Neuroscience Inc
NASDAQ:VIGL
|
$375.71 Million |
|
Kap Industrial Holdings Ltd
JSE:KAP
|
$375.82 Million |
|
Benchmark Metals Inc
V:CEI
|
$375.87 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
$375.97 Million |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
$375.47 Million |
|
YASHO INDUSTRIES ORD (BSE)
NSE:YASHO
|
$375.35 Million |
|
Hyundai Motor Securities Co. Ltd.
KO:001500
|
$375.04 Million |
|
Yaxing Chem
SHG:600319
|
$375.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jupiter Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 565,248,831 to 567,405,536, a change of 2,156,705 (0.4%).
- Net income of 27,817,310 contributed positively to equity growth.
- Dividend payments of 29,443,814 reduced retained earnings.
- Other comprehensive income increased equity by 5,090.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$27.82 Million | +4.9% |
| Dividends Paid | AU$29.44 Million | -5.19% |
| Other Comprehensive Income | AU$5.09K | +0.0% |
| Other Changes | AU$3.78 Million | +0.67% |
| Total Change | AU$- | 0.38% |
Book Value vs Market Value Analysis
This analysis compares Jupiter Mines 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: 0.94x
- 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 32.46x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-02-29 | AU$0.01 | AU$0.27 | x |
| 2005-02-28 | AU$0.14 | AU$0.27 | x |
| 2006-02-28 | AU$0.10 | AU$0.27 | x |
| 2007-02-28 | AU$0.17 | AU$0.27 | x |
| 2008-02-29 | AU$0.16 | AU$0.27 | x |
| 2009-02-28 | AU$0.11 | AU$0.27 | x |
| 2010-02-28 | AU$0.08 | AU$0.27 | x |
| 2011-02-28 | AU$0.35 | AU$0.27 | x |
| 2012-02-29 | AU$0.23 | AU$0.27 | x |
| 2013-02-28 | AU$0.22 | AU$0.27 | x |
| 2014-02-28 | AU$0.21 | AU$0.27 | x |
| 2015-02-28 | AU$0.20 | AU$0.27 | x |
| 2016-02-29 | AU$0.14 | AU$0.27 | x |
| 2017-02-28 | AU$0.24 | AU$0.27 | x |
| 2018-02-28 | AU$0.24 | AU$0.27 | x |
| 2019-02-28 | AU$0.21 | AU$0.27 | x |
| 2020-02-29 | AU$0.22 | AU$0.27 | x |
| 2021-02-28 | AU$0.23 | AU$0.27 | x |
| 2022-02-28 | AU$0.22 | AU$0.27 | x |
| 2023-02-28 | AU$0.24 | AU$0.27 | x |
| 2024-02-29 | AU$0.28 | AU$0.27 | x |
| 2025-02-28 | AU$0.29 | AU$0.27 | x |
| 2026-02-28 | AU$0.29 | AU$0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jupiter Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 445.70%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.07x
- Recent ROE (4.90%) is below the historical average (7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.99% | -24.87% | 0.04x | 1.00x | AU$-53.36 Million |
| 2014 | -1.73% | -1535.15% | 0.00x | 1.00x | AU$-56.30 Million |
| 2015 | -7.15% | -7358.17% | 0.00x | 1.00x | AU$-76.76 Million |
| 2016 | -62.66% | -39814.32% | 0.00x | 1.00x | AU$-199.91 Million |
| 2017 | 42.09% | 127.45% | 0.33x | 1.01x | AU$152.56 Million |
| 2018 | 19.78% | 0.00% | 0.00x | 1.11x | AU$45.59 Million |
| 2019 | 33.71% | 1052.36% | 0.02x | 1.45x | AU$97.08 Million |
| 2020 | 22.33% | 918.23% | 0.02x | 1.22x | AU$52.52 Million |
| 2021 | 14.70% | 823.13% | 0.01x | 1.21x | AU$21.59 Million |
| 2022 | 12.40% | 739.13% | 0.01x | 1.22x | AU$10.45 Million |
| 2023 | 9.91% | 548.54% | 0.01x | 1.22x | AU$-441.19K |
| 2024 | 7.15% | 481.72% | 0.01x | 1.09x | AU$-15.46 Million |
| 2025 | 7.09% | 425.08% | 0.02x | 1.07x | AU$-16.44 Million |
| 2026 | 4.90% | 445.70% | 0.01x | 1.07x | AU$-28.92 Million |
Industry Comparison
This section compares Jupiter Mines 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: $4,061,480
- Average return on equity (ROE) among peers: -1631.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jupiter Mines Ltd (JMS) | AU$567.41 Million | -0.99% | 0.07x | $375.56 Million |
| Morella Corporation Ltd (1MC) | $26.74 Million | -3.42% | 0.33x | $7.21 Million |
| Amaero Ltd (3DA) | $8.19 Million | -70.52% | 0.51x | $185.35 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $150.34 Million |
| Atlantic Lithium Ltd (A11) | $138.00K | -62.13% | 3.42x | $175.81 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.97 Million | -13.72% | 0.04x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $3.93 Million | -26.01% | 0.91x | $14.69 Million |
| Accent Resources NL (ACS) | $11.92 Million | -12.41% | 0.02x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.42 Million |
| Andromeda Metals Ltd (ADN) | $6.91K | -16101.53% | 0.21x | $22.90 Million |
About Jupiter Mines Ltd
Jupiter Mines Limited operates as an independent mining company in Australia. It explores for manganese deposits. The company's flagship project is the Tshipi Manganese mine located in the Northern Cape of South Africa. Jupiter Mines Limited was incorporated in 2003 and is based in Perth, Australia.