Leo Lithium Ltd
Leo Lithium Limited engages in the exploration for lithium minerals in Mali. Its flagship project is the Goulamina lithium project that covers an area of 101 square kilometres land located in the Bougouni Region of southern Mali. The company was incorporated in 2020 and is based in West Perth, Australia.
Leo Lithium Ltd (LLL) - Net Assets
Latest net assets as of December 2024: AU$575.27 Million AUD
Based on the latest financial reports, Leo Lithium Ltd (LLL) has net assets worth AU$575.27 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$587.33 Million) and total liabilities (AU$12.06 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$575.27 Million |
| % of Total Assets | 97.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 100.2 |
Leo Lithium Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Leo Lithium 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 Leo Lithium Ltd (2019–2024)
The table below shows the annual net assets of Leo Lithium Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$575.27 Million | +212.44% |
| 2023-12-31 | AU$184.12 Million | +0.52% |
| 2022-12-31 | AU$183.17 Million | -0.74% |
| 2021-12-31 | AU$184.54 Million | +9953681.07% |
| 2020-12-31 | AU$-1.85K | -98.71% |
| 2019-12-31 | AU$-933.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leo Lithium 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 46224094000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$462.24 Million | 80.35% |
| Common Stock | AU$105.81 Million | 18.39% |
| Other Comprehensive Income | AU$7.21 Million | 1.25% |
| Total Equity | AU$575.27 Million | 100.00% |
Leo Lithium Ltd Competitors by Market Cap
The table below lists competitors of Leo Lithium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hg Technologies Co Ltd
SHE:300847
|
$293.47 Million |
|
PHARMANUTRA S.P.A.
F:761
|
$293.62 Million |
|
Halfords Group plc
PINK:HLFDF
|
$293.64 Million |
|
Jiangsu Boamax Technologies Group Co Ltd
SHE:002514
|
$293.65 Million |
|
Oma Saastopankki Oyj
HE:OMASP
|
$293.18 Million |
|
International CSRC Investment Holdings Co Ltd
TW:2104
|
$293.17 Million |
|
Shunya International Brand Consulting Beijing Co Ltd Class A
SHE:300612
|
$293.13 Million |
|
Changchun BCHT Biotechnology Co. A
SHG:688276
|
$293.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leo Lithium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 184,123,000 to 575,269,000, a change of 391,146,000 (212.4%).
- Net income of 397,624,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 6,368,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$397.62 Million | +69.12% |
| Other Comprehensive Income | AU$-6.37 Million | -1.11% |
| Other Changes | AU$-110.00K | -0.02% |
| Total Change | AU$- | 212.44% |
Book Value vs Market Value Analysis
This analysis compares Leo Lithium 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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.00 | AU$0.51 | x |
| 2020-12-31 | AU$0.00 | AU$0.51 | x |
| 2021-12-31 | AU$0.15 | AU$0.51 | x |
| 2022-12-31 | AU$0.18 | AU$0.51 | x |
| 2023-12-31 | AU$0.15 | AU$0.51 | x |
| 2024-12-31 | AU$0.48 | AU$0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leo Lithium Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 69.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7174.74%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.02x
- Recent ROE (69.12%) is above the historical average (17.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-841.70 |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-735.60 |
| 2021 | 0.01% | 97.44% | 0.00x | 1.00x | AU$-18.43 Million |
| 2022 | 36.18% | 85.33% | 0.42x | 1.01x | AU$47.96 Million |
| 2023 | -0.92% | 0.00% | 0.00x | 1.02x | AU$-20.10 Million |
| 2024 | 69.12% | 7174.74% | 0.01x | 1.02x | AU$340.10 Million |
Industry Comparison
This section compares Leo Lithium 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: $18,826,689
- Average return on equity (ROE) among peers: -37.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leo Lithium Ltd (LLL) | AU$575.27 Million | 0.00% | 0.02x | $293.32 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.03K |
| Morella Corporation Ltd (1MC) | $64.99 Million | -144.24% | 4.26x | $2.93 Million |
| 6K Additive Inc (6KA) | $62.92 Million | -28.47% | 0.10x | $24.39 Million |
| Atlantic Lithium Ltd (A11) | $15.58 Million | -14.80% | 0.03x | $91.16 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $169.49 Million |
| Albright Metals Ltd (ABR) | $7.74 Million | -10.47% | 0.03x | $949.11K |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $1.74 Million | -130.20% | 4.99x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $939.49K |
| Admiralty Resources NL (ADY) | $6.66 Million | 0.00% | 0.34x | $5.70 Million |