Manhattan Corporation Ltd Net Assets
Manhattan Corporation Ltd net assets. Based on the latest financial reports, Manhattan Corporation Ltd (MHC) has net assets worth AU$13.02 Million AUD (≈ $9.21 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$13.16 Million ≈ $9.31 Million USD) and total liabilities (AU$147.69K ≈ $104.50K 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. Also explore net asset momentum of Manhattan Corporation Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.02 Million |
| % of Total Assets | 98.88% |
| Annual Growth Rate | 14.16% |
| 5-Year Change | 61.8% |
| 10-Year Change | 225040.32% |
| Growth Volatility | 60504.79 |
Net Assets of Manhattan Corporation Ltd (2007–2025)
Net assets of Manhattan Corporation Ltd from 2007 to 2025. This chart illustrates how Manhattan Corporation Ltd's net assets have evolved over time, based on quarterly financial data. See Manhattan Corporation Ltd (MHC) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Manhattan Corporation Ltd (2007–2025)
The table below shows the annual net assets of Manhattan Corporation Ltd from 2007 to 2025. For live market cap and overall valuation, see Manhattan Corporation Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.02 Million ≈ $9.21 Million |
+5.57% |
| 2024-06-30 | AU$12.33 Million ≈ $8.72 Million |
-11.42% |
| 2023-06-30 | AU$13.92 Million ≈ $9.85 Million |
+85.37% |
| 2022-06-30 | AU$7.51 Million ≈ $5.31 Million |
-6.66% |
| 2021-06-30 | AU$8.04 Million ≈ $5.69 Million |
+208.55% |
| 2020-06-30 | AU$2.61 Million ≈ $1.84 Million |
+257182.37% |
| 2019-06-30 | AU$1.01K ≈ $716.98 |
+395.68% |
| 2018-06-30 | AU$-342.70 ≈ $-242.48 |
-110.98% |
| 2017-06-30 | AU$3.12K ≈ $2.21K |
-46.01% |
| 2016-06-30 | AU$5.78K ≈ $4.09K |
+3.37% |
| 2015-06-30 | AU$5.59K ≈ $3.96K |
-6.40% |
| 2014-06-30 | AU$5.98K ≈ $4.23K |
-99.94% |
| 2013-06-30 | AU$9.70 Million ≈ $6.86 Million |
+3.10% |
| 2012-06-30 | AU$9.41 Million ≈ $6.66 Million |
-7.02% |
| 2011-06-30 | AU$10.12 Million ≈ $7.16 Million |
+2.89% |
| 2010-06-30 | AU$9.83 Million ≈ $6.96 Million |
+214.91% |
| 2009-06-30 | AU$3.12 Million ≈ $2.21 Million |
-49.51% |
| 2008-06-30 | AU$6.18 Million ≈ $4.38 Million |
+415.34% |
| 2007-06-30 | AU$1.20 Million ≈ $849.08K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Manhattan Corporation 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 2937801500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Manhattan Corporation Ltd Net Assets Breakdown (June 2025)
Manhattan Corporation Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$36.31 Million | 279.00% |
| Other Comprehensive Income | AU$6.08 Million | 46.72% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$13.02 Million | 100.00% |
Manhattan Corporation Ltd Competitors by Market Cap
The table below lists competitors of Manhattan Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carmat
PA:ALCAR
|
$6.37 Million |
|
Canadian Premium Sand Inc
V:CPS
|
$6.37 Million |
|
Au Gold Corp
V:AUGC
|
$6.37 Million |
|
Kiora Pharmaceuticals Inc
NASDAQ:KPRX
|
$6.37 Million |
|
Foresight Group Holdings Limited
LSE:FSG
|
$6.36 Million |
|
Curative Biotechnology Inc
NYSE MKT:CUBT
|
$6.36 Million |
|
Solis Minerals Ltd
V:SLMN
|
$6.35 Million |
|
Mexican Gold Corp
V:MEX
|
$6.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manhattan Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,329,021 to 13,015,159, a change of 686,138 (5.6%).
- Net loss of 923,352 reduced equity.
- Share repurchases of 1,760,990 reduced equity.
- Other comprehensive income increased equity by 485,019.
- Other factors increased equity by 2,885,461.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-923.35K | -7.09% |
| Share Repurchases | AU$1.76 Million | -13.53% |
| Other Comprehensive Income | AU$485.02K | +3.73% |
| Other Changes | AU$2.89 Million | +22.17% |
| Total Change | AU$- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares Manhattan Corporation 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: 0.26x
- 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 increased from 0.03x to 0.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.51 | AU$0.02 | x |
| 2008-06-30 | AU$2.63 | AU$0.02 | x |
| 2009-06-30 | AU$0.79 | AU$0.02 | x |
| 2010-06-30 | AU$1.20 | AU$0.02 | x |
| 2011-06-30 | AU$1.12 | AU$0.02 | x |
| 2012-06-30 | AU$1.02 | AU$0.02 | x |
| 2013-06-30 | AU$1.03 | AU$0.02 | x |
| 2014-06-30 | AU$0.00 | AU$0.02 | x |
| 2015-06-30 | AU$0.00 | AU$0.02 | x |
| 2016-06-30 | AU$0.00 | AU$0.02 | x |
| 2017-06-30 | AU$0.00 | AU$0.02 | x |
| 2018-06-30 | AU$0.00 | AU$0.02 | x |
| 2019-06-30 | AU$0.00 | AU$0.02 | x |
| 2020-06-30 | AU$0.05 | AU$0.02 | x |
| 2021-06-30 | AU$0.06 | AU$0.02 | x |
| 2022-06-30 | AU$0.05 | AU$0.02 | x |
| 2023-06-30 | AU$0.12 | AU$0.02 | x |
| 2024-06-30 | AU$0.04 | AU$0.02 | x |
| 2025-06-30 | AU$0.06 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manhattan Corporation Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4542.04%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-7.09%) is above the historical average (-16876.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -0.11% | 0.00% | 0.00x | 1.07x | AU$-121.23K |
| 2008 | -6.05% | -239.74% | 0.02x | 1.23x | AU$-992.41K |
| 2009 | -103.22% | -1499.07% | 0.07x | 1.04x | AU$-3.54 Million |
| 2010 | -47.69% | -7562.90% | 0.01x | 1.11x | AU$-5.67 Million |
| 2011 | -10.79% | -29.20% | 0.36x | 1.02x | AU$-2.10 Million |
| 2012 | -12.93% | -142.22% | 0.09x | 1.01x | AU$-2.16 Million |
| 2013 | -7.26% | -144924.55% | 0.00x | 1.01x | AU$-1.67 Million |
| 2014 | -71515.49% | -17976.74% | 3.96x | 1.00x | AU$-4.27 Million |
| 2015 | -10464.70% | -6130.25% | 1.69x | 1.01x | AU$-585.81K |
| 2016 | -7049.85% | -10420.51% | 0.67x | 1.01x | AU$-408.12K |
| 2017 | -89695.89% | -110222.48% | 0.79x | 1.02x | AU$-2.80 Million |
| 2018 | 0.00% | -1332570.37% | 0.82x | 0.00x | AU$-3.60 Million |
| 2019 | -141678.56% | -26734.51% | 5.17x | 1.02x | AU$-1.44 Million |
| 2020 | -20.31% | -44502.35% | 0.00x | 1.03x | AU$-790.28K |
| 2021 | -7.45% | -55464.81% | 0.00x | 1.01x | AU$-1.40 Million |
| 2022 | -7.14% | -95718.57% | 0.00x | 1.04x | AU$-1.29 Million |
| 2023 | -5.43% | -2867.23% | 0.00x | 1.01x | AU$-2.15 Million |
| 2024 | -13.21% | -4325.54% | 0.00x | 1.02x | AU$-2.86 Million |
| 2025 | -7.09% | -4542.04% | 0.00x | 1.01x | AU$-2.22 Million |
Industry Comparison
This section compares Manhattan Corporation Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $9,645,325
- Average return on equity (ROE) among peers: -84.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manhattan Corporation Ltd (MHC) | AU$13.02 Million | -0.11% | 0.01x | $6.36 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $4.98 Million |
| Ariana Resources Plc (AA2) | $28.53 Million | 13.52% | 0.07x | $41.36 Million |
| Aruma Resources Ltd (AAJ) | $1.43 Million | -42.40% | 0.11x | $2.08 Million |
| Astral Resources NL (AAR) | $11.49 Million | -23.59% | 0.06x | $172.04 Million |
| Antilles Gold Ltd (AAU) | $6.53 Million | -14.31% | 0.06x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $2.66 Million | -22.65% | 0.18x | $7.55 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $35.56 Million | -3.06% | 0.02x | $20.01 Million |
| Ark Mines Ltd (AHK) | $-817.63K | 0.00% | 0.00x | $13.82 Million |
| Alkane Resources Ltd (ALK) | $2.60 Million | 0.08% | 0.63x | $1.67 Billion |
About Manhattan Corporation Ltd
Manhattan Gold Corporation Limited engages in the exploration, development, and evaluation of mineral projects in Australia. It explores for gold, lithium, and uranium deposits. The company's flagship project is the Tibooburra gold project, which consists of 15 granted exploration licenses covering an area of approximately 2,200 square kilometers located north of Broken Hill in New South Wales. M… Read more