Lanthanein Resources Ltd (LNR) - Net Assets
Based on the latest financial reports, Lanthanein Resources Ltd (LNR) has net assets worth AU$16.59 Million AUD (≈ $11.74 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$17.16 Million ≈ $12.14 Million USD) and total liabilities (AU$572.08K ≈ $404.78K 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 financial resilience of Lanthanein Resources Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$16.59 Million |
| % of Total Assets | 96.67% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | 320.75% |
| 10-Year Change | 2732.88% |
| Growth Volatility | 98.87 |
Lanthanein Resources Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Lanthanein Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lanthanein Resources Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Lanthanein Resources Ltd (2003–2024)
The table below shows the annual net assets of Lanthanein Resources Ltd from 2003 to 2024. For live valuation and market cap data, see LNR market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$16.34 Million ≈ $11.56 Million |
+58.12% |
| 2023-06-30 | AU$10.34 Million ≈ $7.31 Million |
+45.14% |
| 2022-06-30 | AU$7.12 Million ≈ $5.04 Million |
+134.60% |
| 2021-06-30 | AU$3.04 Million ≈ $2.15 Million |
-21.85% |
| 2020-06-30 | AU$3.88 Million ≈ $2.75 Million |
-17.07% |
| 2019-06-30 | AU$4.68 Million ≈ $3.31 Million |
-16.87% |
| 2018-06-30 | AU$5.63 Million ≈ $3.99 Million |
+3578.13% |
| 2017-06-30 | AU$-162.01K ≈ $-114.63K |
-265.59% |
| 2016-06-30 | AU$-44.31K ≈ $-31.35K |
-107.68% |
| 2015-06-30 | AU$576.96K ≈ $408.23K |
-67.06% |
| 2014-06-30 | AU$1.75 Million ≈ $1.24 Million |
-46.37% |
| 2013-06-30 | AU$3.27 Million ≈ $2.31 Million |
-50.15% |
| 2012-06-30 | AU$6.55 Million ≈ $4.63 Million |
-46.46% |
| 2011-06-30 | AU$12.24 Million ≈ $8.66 Million |
+191.03% |
| 2010-06-30 | AU$4.20 Million ≈ $2.97 Million |
+44.54% |
| 2009-06-30 | AU$2.91 Million ≈ $2.06 Million |
-24.65% |
| 2008-06-30 | AU$3.86 Million ≈ $2.73 Million |
-52.96% |
| 2007-06-30 | AU$8.21 Million ≈ $5.81 Million |
+217.87% |
| 2006-06-30 | AU$2.58 Million ≈ $1.83 Million |
-37.72% |
| 2005-06-30 | AU$4.15 Million ≈ $2.93 Million |
+234.55% |
| 2004-06-30 | AU$1.24 Million ≈ $876.73K |
-32.60% |
| 2003-06-30 | AU$1.84 Million ≈ $1.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lanthanein 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 4105751700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$51.78 Million | 316.81% |
| Other Comprehensive Income | AU$6.43 Million | 39.33% |
| Total Equity | AU$16.34 Million | 100.00% |
Lanthanein Resources Ltd Competitors by Market Cap
The table below lists competitors of Lanthanein Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Personas Social Inc
V:PRSN
|
$12.56 Million |
|
Rocky Mountain Chocolate Factory
NASDAQ:RMCF
|
$12.56 Million |
|
Breedon Group PLC
LSE:BREE
|
$12.56 Million |
|
Federal International Holdings Bhd
KLSE:8605
|
$12.56 Million |
|
Cellectar Biosciences Inc
NASDAQ:CLRB
|
$12.55 Million |
|
Pioneerindo Gourmet International
JK:PTSP
|
$12.55 Million |
|
Citatah Tbk
JK:CTTH
|
$12.55 Million |
|
South Star Mining Corp
V:STS
|
$12.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanthanein Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,336,789 to 16,344,483, a change of 6,007,694 (58.1%).
- Net income of 664,325 contributed positively to equity growth.
- Share repurchases of 317,575 reduced equity.
- New share issuances of 4,399,272 increased equity.
- Other comprehensive income increased equity by 1,605,985.
- Other factors decreased equity by 344,313.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$664.33K | +4.06% |
| Share Repurchases | AU$317.57K | -1.94% |
| Share Issuances | AU$4.40 Million | +26.92% |
| Other Comprehensive Income | AU$1.61 Million | +9.83% |
| Other Changes | AU$-344.31K | -2.11% |
| Total Change | AU$- | 58.12% |
Book Value vs Market Value Analysis
This analysis compares Lanthanein 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: 9.71x
- 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 0.12x to 9.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | AU$1.03 | AU$0.12 | x |
| 2004-06-30 | AU$0.47 | AU$0.12 | x |
| 2005-06-30 | AU$1.26 | AU$0.12 | x |
| 2006-06-30 | AU$0.64 | AU$0.12 | x |
| 2007-06-30 | AU$1.42 | AU$0.12 | x |
| 2008-06-30 | AU$0.45 | AU$0.12 | x |
| 2009-06-30 | AU$0.31 | AU$0.12 | x |
| 2010-06-30 | AU$0.37 | AU$0.12 | x |
| 2011-06-30 | AU$0.81 | AU$0.12 | x |
| 2012-06-30 | AU$0.34 | AU$0.12 | x |
| 2013-06-30 | AU$0.17 | AU$0.12 | x |
| 2014-06-30 | AU$0.09 | AU$0.12 | x |
| 2015-06-30 | AU$0.03 | AU$0.12 | x |
| 2016-06-30 | AU$0.00 | AU$0.12 | x |
| 2017-06-30 | AU$0.00 | AU$0.12 | x |
| 2018-06-30 | AU$0.05 | AU$0.12 | x |
| 2019-06-30 | AU$0.01 | AU$0.12 | x |
| 2020-06-30 | AU$0.01 | AU$0.12 | x |
| 2021-06-30 | AU$0.01 | AU$0.12 | x |
| 2022-06-30 | AU$0.01 | AU$0.12 | x |
| 2023-06-30 | AU$0.01 | AU$0.12 | x |
| 2024-06-30 | AU$0.01 | AU$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lanthanein Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2131.43%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (4.06%) is above the historical average (-62.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -41.50% | 0.00% | 0.00x | 1.05x | AU$-946.84K |
| 2004 | -93.94% | -782.81% | 0.11x | 1.10x | AU$-1.29 Million |
| 2005 | 2.96% | 62.71% | 0.05x | 1.04x | AU$-291.63K |
| 2006 | -110.17% | -4552.91% | 0.02x | 1.12x | AU$-3.10 Million |
| 2007 | -20.18% | -1891.92% | 0.01x | 1.07x | AU$-2.48 Million |
| 2008 | -150.85% | -35873.58% | 0.00x | 1.09x | AU$-6.21 Million |
| 2009 | -45.62% | -166.61% | 0.26x | 1.04x | AU$-1.62 Million |
| 2010 | -34.20% | -10406.11% | 0.00x | 1.01x | AU$-1.86 Million |
| 2011 | -35.55% | -10080.48% | 0.00x | 1.02x | AU$-5.57 Million |
| 2012 | -131.99% | -310.11% | 0.33x | 1.28x | AU$-9.30 Million |
| 2013 | -108.83% | -82.21% | 1.16x | 1.14x | AU$-3.88 Million |
| 2014 | -84.51% | 0.00% | 0.00x | 1.06x | AU$-1.66 Million |
| 2015 | -418.40% | -12779.25% | 0.02x | 1.48x | AU$-2.47 Million |
| 2016 | 0.00% | -372.75% | 0.51x | 0.00x | AU$-637.57K |
| 2017 | 0.00% | -2383.27% | 0.27x | 0.00x | AU$-1.69 Million |
| 2018 | -12.90% | -3530.15% | 0.00x | 1.06x | AU$-1.29 Million |
| 2019 | -19.06% | -3875.36% | 0.00x | 1.02x | AU$-1.36 Million |
| 2020 | -20.18% | -2090.89% | 0.01x | 1.03x | AU$-1.17 Million |
| 2021 | -26.39% | -3524.91% | 0.01x | 1.03x | AU$-1.10 Million |
| 2022 | -29.51% | -54664.76% | 0.00x | 1.04x | AU$-2.81 Million |
| 2023 | -7.44% | -1819.77% | 0.00x | 1.06x | AU$-1.80 Million |
| 2024 | 4.06% | 2131.43% | 0.00x | 1.01x | AU$-970.12K |
Industry Comparison
This section compares Lanthanein 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: $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 |
|---|---|---|---|---|
| Lanthanein Resources Ltd (LNR) | AU$16.59 Million | -41.50% | 0.03x | $12.55 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 Lanthanein Resources Ltd
Lanthanein Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral projects in Australia. The company explores for neodymium, praseodymium, lithium, tantalum, gold, copper, nickel, and other base metals deposits, as well as white kaolin clay and alumina feedstock. It holds interest in the Lady Grey lithium-tantalum and Gascoyne rare earth elements (R… Read more