Leo Lithium Ltd (LLL) - Net Assets
Based on the latest financial reports, Leo Lithium Ltd (LLL) has net assets worth AU$575.27 Million AUD (≈ $407.04 Million USD) 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 ≈ $415.57 Million USD) and total liabilities (AU$12.06 Million ≈ $8.53 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 Leo Lithium Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Leo Lithium Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see LLL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$575.27 Million ≈ $407.04 Million |
+212.44% |
| 2023-12-31 | AU$184.12 Million ≈ $130.28 Million |
+0.52% |
| 2022-12-31 | AU$183.17 Million ≈ $129.61 Million |
-0.74% |
| 2021-12-31 | AU$184.54 Million ≈ $130.57 Million |
+9953681.07% |
| 2020-12-31 | AU$-1.85K ≈ $-1.31K |
-98.71% |
| 2019-12-31 | AU$-933.00 ≈ $-660.16 |
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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 |
|---|---|
|
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
SHE:301022
|
$428.14 Million |
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B
SHG:900932
|
$428.19 Million |
|
Kumyang
KO:001570
|
$428.33 Million |
|
Is Gayrimenkul Yatirim Ortakligi AS
IS:ISGYO
|
$428.40 Million |
|
Hangzhou Huaxing Chuangye Communication Technology Co Ltd
SHE:300025
|
$428.10 Million |
|
Shanghai Xin Nanyang Co Ltd
SHG:600661
|
$427.70 Million |
|
JMT Network Services Public Company Limited
BK:JMT
|
$427.69 Million |
|
Curro Hol
JSE:COH
|
$427.54 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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
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 | $428.13 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About 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.