Meteoric Resources NL (MEI) - Net Assets
Based on the latest financial reports, Meteoric Resources NL (MEI) has net assets worth AU$8.43 Million AUD (≈ $5.97 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$17.01 Million ≈ $12.04 Million USD) and total liabilities (AU$8.58 Million ≈ $6.07 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 MEI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$8.43 Million |
| % of Total Assets | 49.57% |
| Annual Growth Rate | 3.92% |
| 5-Year Change | 81.12% |
| 10-Year Change | 3030038.33% |
| Growth Volatility | 58477.73 |
Meteoric Resources NL - Net Assets Trend (2004–2025)
This chart illustrates how Meteoric Resources NL's net assets have evolved over time, based on quarterly financial data. Also explore Meteoric Resources NL balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Meteoric Resources NL (2004–2025)
The table below shows the annual net assets of Meteoric Resources NL from 2004 to 2025. For live valuation and market cap data, see Meteoric Resources NL market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.43 Million ≈ $5.97 Million |
+1.46% |
| 2024-06-30 | AU$8.31 Million ≈ $5.88 Million |
-47.65% |
| 2023-06-30 | AU$15.88 Million ≈ $11.24 Million |
+836.71% |
| 2022-06-30 | AU$1.70 Million ≈ $1.20 Million |
-63.59% |
| 2021-06-30 | AU$4.66 Million ≈ $3.29 Million |
-28.76% |
| 2020-06-30 | AU$6.54 Million ≈ $4.62 Million |
+274639.84% |
| 2019-06-30 | AU$2.38K ≈ $1.68K |
-23.99% |
| 2018-06-30 | AU$3.13K ≈ $2.21K |
+237.60% |
| 2017-06-30 | AU$927.13 ≈ $656.00 |
+233.10% |
| 2016-06-30 | AU$278.33 ≈ $196.94 |
-16.26% |
| 2015-06-30 | AU$332.39 ≈ $235.19 |
-45.96% |
| 2014-06-30 | AU$615.03 ≈ $435.17 |
-99.89% |
| 2013-06-30 | AU$538.43K ≈ $380.97K |
-52.61% |
| 2012-06-30 | AU$1.14 Million ≈ $803.88K |
-28.36% |
| 2011-06-30 | AU$1.59 Million ≈ $1.12 Million |
-32.12% |
| 2010-06-30 | AU$2.34 Million ≈ $1.65 Million |
+139.30% |
| 2009-06-30 | AU$976.32K ≈ $690.81K |
-12.58% |
| 2008-06-30 | AU$1.12 Million ≈ $790.21K |
-50.82% |
| 2007-06-30 | AU$2.27 Million ≈ $1.61 Million |
-5.04% |
| 2006-06-30 | AU$2.39 Million ≈ $1.69 Million |
-21.36% |
| 2005-06-30 | AU$3.04 Million ≈ $2.15 Million |
-19.18% |
| 2004-06-30 | AU$3.76 Million ≈ $2.66 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Meteoric Resources NL'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 13559350200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$102.80 Million | 1218.92% |
| Other Comprehensive Income | AU$41.23 Million | 488.82% |
| Total Equity | AU$8.43 Million | 100.00% |
Meteoric Resources NL Competitors by Market Cap
The table below lists competitors of Meteoric Resources NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Infosec Technologies Co. Ltd. A
SHG:688201
|
$365.24 Million |
|
Hangzhou Hopechart Iot Technology
SHG:688288
|
$365.29 Million |
|
EQT Holdings Ltd
AU:EQT
|
$365.30 Million |
|
Agro Tech Foods Limited
NSE:ATFL
|
$365.36 Million |
|
Viettel Construction JSC
VN:CTR
|
$365.06 Million |
|
DIAMOND BIOFUND INC
TW:6901
|
$365.05 Million |
|
Shenzhen Friendcom Technology Development Co Ltd
SHE:300514
|
$364.95 Million |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$364.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meteoric Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,312,737 to 8,433,784, a change of 121,047 (1.5%).
- Net loss of 36,467,526 reduced equity.
- Share repurchases of 1,589,737 reduced equity.
- New share issuances of 30,920,047 increased equity.
- Other comprehensive income increased equity by 6,760,075.
- Other factors increased equity by 498,188.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-36.47 Million | -432.4% |
| Share Repurchases | AU$1.59 Million | -18.85% |
| Share Issuances | AU$30.92 Million | +366.62% |
| Other Comprehensive Income | AU$6.76 Million | +80.15% |
| Other Changes | AU$498.19K | +5.91% |
| Total Change | AU$- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares Meteoric Resources NL'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: 52.70x
- 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 45.51x to 52.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.00 | AU$0.20 | x |
| 2005-06-30 | AU$0.00 | AU$0.20 | x |
| 2006-06-30 | AU$0.00 | AU$0.20 | x |
| 2007-06-30 | AU$0.00 | AU$0.20 | x |
| 2008-06-30 | AU$0.00 | AU$0.20 | x |
| 2009-06-30 | AU$0.00 | AU$0.20 | x |
| 2010-06-30 | AU$0.00 | AU$0.20 | x |
| 2011-06-30 | AU$0.00 | AU$0.20 | x |
| 2012-06-30 | AU$0.00 | AU$0.20 | x |
| 2013-06-30 | AU$0.00 | AU$0.20 | x |
| 2014-06-30 | AU$0.00 | AU$0.20 | x |
| 2015-06-30 | AU$0.00 | AU$0.20 | x |
| 2016-06-30 | AU$0.00 | AU$0.20 | x |
| 2017-06-30 | AU$0.00 | AU$0.20 | x |
| 2018-06-30 | AU$0.00 | AU$0.20 | x |
| 2019-06-30 | AU$0.00 | AU$0.20 | x |
| 2020-06-30 | AU$0.01 | AU$0.20 | x |
| 2021-06-30 | AU$0.00 | AU$0.20 | x |
| 2022-06-30 | AU$0.00 | AU$0.20 | x |
| 2023-06-30 | AU$0.01 | AU$0.20 | x |
| 2024-06-30 | AU$0.00 | AU$0.20 | x |
| 2025-06-30 | AU$0.00 | AU$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meteoric Resources NL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -432.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -784.03%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.02x
- Recent ROE (-432.40%) is above the historical average (-43587.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -67.30% | 0.00% | 0.00x | 1.07x | AU$-2.35 Million |
| 2006 | -88.41% | 0.00% | 0.00x | 1.05x | AU$-2.35 Million |
| 2007 | -45.04% | 0.00% | 0.00x | 1.05x | AU$-1.25 Million |
| 2008 | -32.39% | -50.51% | 0.58x | 1.11x | AU$-473.37K |
| 2009 | -49.76% | -916.66% | 0.05x | 1.08x | AU$-583.46K |
| 2010 | -73.11% | 0.00% | 0.00x | 1.20x | AU$-1.94 Million |
| 2011 | -99.99% | 0.00% | 0.00x | 1.09x | AU$-1.74 Million |
| 2012 | -113.02% | 0.00% | 0.00x | 1.13x | AU$-1.40 Million |
| 2013 | -114.27% | 0.00% | 0.00x | 1.15x | AU$-669.09K |
| 2014 | -102.72% | -17548.89% | 0.01x | 1.10x | AU$-693.26 |
| 2015 | -124544.06% | -57979.27% | 1.40x | 1.54x | AU$-414.01K |
| 2016 | -337880.65% | -5799.92% | 38.92x | 1.50x | AU$-940.48K |
| 2017 | -48476.91% | -1831.03% | 21.71x | 1.22x | AU$-449.54K |
| 2018 | -215067.56% | -15414.49% | 12.95x | 1.08x | AU$-6.73 Million |
| 2019 | -187073.81% | -8901234.00% | 0.02x | 1.16x | AU$-4.45 Million |
| 2020 | -109.32% | -8931958.75% | 0.00x | 1.03x | AU$-7.80 Million |
| 2021 | -194.22% | -90436650.00% | 0.00x | 1.11x | AU$-9.51 Million |
| 2022 | -327.69% | 0.00% | 0.00x | 1.25x | AU$-5.72 Million |
| 2023 | -257.02% | 0.00% | 0.00x | 1.14x | AU$-42.40 Million |
| 2024 | -196.88% | -2956.39% | 0.03x | 1.98x | AU$-17.20 Million |
| 2025 | -432.40% | -784.03% | 0.27x | 2.02x | AU$-37.31 Million |
Industry Comparison
This section compares Meteoric Resources NL'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 |
|---|---|---|---|---|
| Meteoric Resources NL (MEI) | AU$8.43 Million | -67.30% | 1.02x | $365.14 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 Meteoric Resources NL
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. The company explores for gold, copper, and diamond deposits. It also owns Webb JV project covers an area of 961 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory. In addition, the company holds interests in the Caldei… Read more