Metro Mining Ltd (MMI) - Net Assets
Based on the latest financial reports, Metro Mining Ltd (MMI) has net assets worth AU$186.87 Million AUD (≈ $132.22 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$361.37 Million ≈ $255.69 Million USD) and total liabilities (AU$174.50 Million ≈ $123.47 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 asset resilience ratio of Metro Mining Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$186.87 Million |
| % of Total Assets | 51.71% |
| Annual Growth Rate | 20.16% |
| 5-Year Change | -66.97% |
| 10-Year Change | 147.12% |
| Growth Volatility | 165.37 |
Metro Mining Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Metro Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Metro Mining Ltd for the complete picture of this company's asset base.
Annual Net Assets for Metro Mining Ltd (2008–2025)
The table below shows the annual net assets of Metro Mining Ltd from 2008 to 2025. For live valuation and market cap data, see how much is Metro Mining Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$40.60 Million ≈ $28.73 Million |
+307.96% |
| 2024-06-30 | AU$9.95 Million ≈ $7.04 Million |
-47.45% |
| 2023-06-30 | AU$18.94 Million ≈ $13.40 Million |
-54.90% |
| 2022-06-30 | AU$41.99 Million ≈ $29.71 Million |
-65.84% |
| 2021-06-30 | AU$122.92 Million ≈ $86.97 Million |
-8.33% |
| 2020-06-30 | AU$134.08 Million ≈ $94.87 Million |
+3.54% |
| 2019-06-30 | AU$129.50 Million ≈ $91.63 Million |
+8.88% |
| 2018-06-30 | AU$118.94 Million ≈ $84.15 Million |
+47.24% |
| 2017-06-30 | AU$80.78 Million ≈ $57.15 Million |
+391.62% |
| 2016-06-30 | AU$16.43 Million ≈ $11.63 Million |
+12.66% |
| 2015-06-30 | AU$14.59 Million ≈ $10.32 Million |
-15.35% |
| 2014-06-30 | AU$17.23 Million ≈ $12.19 Million |
-49.62% |
| 2013-06-30 | AU$34.20 Million ≈ $24.20 Million |
-1.86% |
| 2012-06-30 | AU$34.84 Million ≈ $24.65 Million |
+90.68% |
| 2011-06-30 | AU$18.27 Million ≈ $12.93 Million |
+77.37% |
| 2010-06-30 | AU$10.30 Million ≈ $7.29 Million |
-7.64% |
| 2009-06-30 | AU$11.16 Million ≈ $7.89 Million |
+523.53% |
| 2008-06-30 | AU$1.79 Million ≈ $1.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Metro Mining 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 25447000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$281.76 Million | 693.92% |
| Other Comprehensive Income | AU$13.31 Million | 32.79% |
| Total Equity | AU$40.60 Million | 100.00% |
Metro Mining Ltd Competitors by Market Cap
The table below lists competitors of Metro Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TMK
KLSE:5330
|
$411.75 Million |
|
Landsea Homes Corp
NASDAQ:LSEA
|
$411.79 Million |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
$411.84 Million |
|
Spritzer Bhd
KLSE:7103
|
$411.86 Million |
|
Shanghai Ace Invest&Dvlp Co
SHG:603329
|
$411.64 Million |
|
Bank7 Corp
NASDAQ:BSVN
|
$411.53 Million |
|
TCI Co Ltd
TWO:8436
|
$411.36 Million |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
$411.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,953,000 to 40,604,000, a change of 30,651,000 (308.0%).
- Net loss of 22,001,000 reduced equity.
- Share repurchases of 5,198,000 reduced equity.
- New share issuances of 104,306,000 increased equity.
- Other comprehensive income decreased equity by 1,821,000.
- Other factors decreased equity by 44,635,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-22.00 Million | -54.18% |
| Share Repurchases | AU$5.20 Million | -12.8% |
| Share Issuances | AU$104.31 Million | +256.89% |
| Other Comprehensive Income | AU$-1.82 Million | -4.48% |
| Other Changes | AU$-44.63 Million | -109.93% |
| Total Change | AU$- | 307.96% |
Book Value vs Market Value Analysis
This analysis compares Metro Mining 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: 180.19x
- 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 27.94x to 180.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.04 | AU$1.21 | x |
| 2009-06-30 | AU$0.27 | AU$1.21 | x |
| 2010-06-30 | AU$0.06 | AU$1.21 | x |
| 2011-06-30 | AU$0.08 | AU$1.21 | x |
| 2012-06-30 | AU$0.13 | AU$1.21 | x |
| 2013-06-30 | AU$0.12 | AU$1.21 | x |
| 2014-06-30 | AU$0.06 | AU$1.21 | x |
| 2015-06-30 | AU$0.04 | AU$1.21 | x |
| 2016-06-30 | AU$0.04 | AU$1.21 | x |
| 2017-06-30 | AU$0.09 | AU$1.21 | x |
| 2018-06-30 | AU$0.07 | AU$1.21 | x |
| 2019-06-30 | AU$0.10 | AU$1.21 | x |
| 2020-06-30 | AU$0.08 | AU$1.21 | x |
| 2021-06-30 | AU$0.07 | AU$1.21 | x |
| 2022-06-30 | AU$0.02 | AU$1.21 | x |
| 2023-06-30 | AU$0.01 | AU$1.21 | x |
| 2024-06-30 | AU$0.00 | AU$1.21 | x |
| 2025-06-30 | AU$0.01 | AU$1.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -54.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.16%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 5.99x
- Recent ROE (-54.18%) is above the historical average (-56.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.35% | -2413.30% | 0.00x | 1.02x | AU$-203.03K |
| 2010 | -15.68% | -1357.14% | 0.01x | 1.15x | AU$-2.65 Million |
| 2011 | -13.31% | -294.20% | 0.04x | 1.10x | AU$-4.26 Million |
| 2012 | -31.15% | -5295.12% | 0.01x | 1.05x | AU$-14.34 Million |
| 2013 | -2.15% | -146.11% | 0.01x | 1.03x | AU$-4.15 Million |
| 2014 | -105.42% | -3995.48% | 0.02x | 1.06x | AU$-19.21 Million |
| 2015 | -17.06% | -1090.47% | 0.01x | 1.05x | AU$-3.95 Million |
| 2016 | -41.59% | -4881.43% | 0.01x | 1.07x | AU$-8.48 Million |
| 2017 | -2.94% | -951.01% | 0.00x | 1.26x | AU$-10.45 Million |
| 2018 | -14.61% | -68.68% | 0.14x | 1.55x | AU$-29.27 Million |
| 2019 | -3.42% | -3.74% | 0.59x | 1.55x | AU$-17.38 Million |
| 2020 | 2.70% | 1.82% | 0.91x | 1.62x | AU$-9.79 Million |
| 2021 | -9.05% | -8.67% | 0.63x | 1.64x | AU$-23.42 Million |
| 2022 | -251.23% | -65.88% | 1.05x | 3.63x | AU$-109.70 Million |
| 2023 | -264.65% | -28.18% | 1.37x | 6.84x | AU$-52.02 Million |
| 2024 | -135.46% | -5.72% | 1.40x | 16.98x | AU$-14.48 Million |
| 2025 | -54.18% | -7.16% | 1.26x | 5.99x | AU$-26.06 Million |
Industry Comparison
This section compares Metro Mining 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: $4,853,937
- Average return on equity (ROE) among peers: -16.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metro Mining Ltd (MMI) | AU$186.87 Million | -1.35% | 0.93x | $411.71 Million |
| Morella Corporation Ltd (1MC) | $11.54 Million | -25.76% | 0.46x | $8.34 Million |
| Amaero Ltd (3DA) | $13.04 Million | -0.63% | 0.03x | $239.27 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $169.25 Million |
| Atlantic Lithium Ltd (A11) | $30.15 Million | -43.08% | 0.22x | $162.00 Million |
| African Gold Ltd (A1G) | $11.08 Million | -18.17% | 0.05x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $2.06 Million | -45.38% | 5.00x | $14.72 Million |
| Accent Resources NL (ACS) | $-3.42 Million | 0.00% | 0.00x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.08 Million |
| Andromeda Metals Ltd (ADN) | $4.85 Million | -7.89% | 0.06x | $26.17 Million |
About Metro Mining Ltd
Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in Australia. The company explores bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 825 square kilometers located on Western Cape York in Far North Queensland. The company sells bauxite to its customers in China and United Arab Emirates. The comp… Read more