Orexplore Technologies Ltd
Orexplore Technologies Limited engages in the mineral technology business in Europe, Australia, Africa, North America, and South America. The company offers GeoCore X10, a transportable X-ray rock mass scanning unit, through which drill core can be digitized by creating a three-dimensional data set, which facilitates "through the rock' analysis of features, such as internal structures, textures, … Read more
Orexplore Technologies Ltd (OXT) - Net Assets
Latest net assets as of December 2023: AU$8.03 Million AUD
Based on the latest financial reports, Orexplore Technologies Ltd (OXT) has net assets worth AU$8.03 Million AUD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$10.11 Million) and total liabilities (AU$2.08 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$8.03 Million |
| % of Total Assets | 79.43% |
| Annual Growth Rate | 9.76% |
| 5-Year Change | 88.68% |
| 10-Year Change | N/A |
| Growth Volatility | 77.37 |
Orexplore Technologies Ltd - Net Assets Trend (2018–2023)
This chart illustrates how Orexplore Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Orexplore Technologies Ltd (2018–2023)
The table below shows the annual net assets of Orexplore Technologies Ltd from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$8.03 Million | -34.19% |
| 2022-12-31 | AU$12.21 Million | -41.66% |
| 2021-12-31 | AU$20.92 Million | +148.27% |
| 2020-12-31 | AU$8.43 Million | +97.93% |
| 2019-12-31 | AU$4.26 Million | -15.57% |
| 2018-12-31 | AU$5.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Orexplore Technologies 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 3557700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$42.85 Million | 533.36% |
| Other Comprehensive Income | AU$761.00K | 9.47% |
| Total Equity | AU$8.03 Million | 100.00% |
Orexplore Technologies Ltd Competitors by Market Cap
The table below lists competitors of Orexplore Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LeanLife Health Inc
PINK:LNLHF
|
$1.04 Million |
|
Champion Electric Metals Inc.
OTCQB:CHELF
|
$1.04 Million |
|
Nass Valley Gateway Ltd
PINK:NSVGF
|
$1.04 Million |
|
ZIMI Ltd
AU:ZMM
|
$1.04 Million |
|
LG Chem Ltd. Pfd. Series 1
KQ:051915
|
$1.03 Million |
|
SOCIETATEA DE CONSTRUCTII NAPOCA SA
RO:NAPO
|
$1.03 Million |
|
Northern Funds
NYSE:MUND
|
$1.03 Million |
|
IDTSF
OTCGREY:IDTSF
|
$1.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orexplore Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,208,000 to 8,034,000, a change of -4,174,000 (-34.2%).
- Net loss of 8,190,000 reduced equity.
- Share repurchases of 347,000 reduced equity.
- New share issuances of 4,129,000 increased equity.
- Other comprehensive income increased equity by 319,000.
- Other factors decreased equity by 85,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-8.19 Million | -101.94% |
| Share Repurchases | AU$347.00K | -4.32% |
| Share Issuances | AU$4.13 Million | +51.39% |
| Other Comprehensive Income | AU$319.00K | +3.97% |
| Other Changes | AU$-85.00K | -1.06% |
| Total Change | AU$- | -34.19% |
Book Value vs Market Value Analysis
This analysis compares Orexplore Technologies 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: 0.27x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | AU$0.05 | AU$0.02 | x |
| 2019-12-31 | AU$0.04 | AU$0.02 | x |
| 2020-12-31 | AU$0.08 | AU$0.02 | x |
| 2021-12-31 | AU$0.19 | AU$0.02 | x |
| 2022-12-31 | AU$0.11 | AU$0.02 | x |
| 2023-12-31 | AU$0.06 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orexplore Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -101.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -247.73%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.26x
- Recent ROE (-101.94%) is below the historical average (-72.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -70.37% | -14196.00% | 0.00x | 2.03x | AU$-4.05 Million |
| 2019 | -109.23% | -8159.65% | 0.01x | 2.42x | AU$-5.08 Million |
| 2020 | -46.62% | -2194.97% | 0.02x | 1.19x | AU$-4.77 Million |
| 2021 | -18.07% | -47250.00% | 0.00x | 1.11x | AU$-5.87 Million |
| 2022 | -85.81% | -864.36% | 0.08x | 1.19x | AU$-11.70 Million |
| 2023 | -101.94% | -247.73% | 0.33x | 1.26x | AU$-8.99 Million |
Industry Comparison
This section compares Orexplore Technologies Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $5,421,974
- Average return on equity (ROE) among peers: -224.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orexplore Technologies Ltd (OXT) | AU$8.03 Million | -70.37% | 0.26x | $1.03 Million |
| Codan Ltd (CDA) | $21.36 Million | 43.07% | 3.03x | $2.18 Billion |
| Dorsavi Ltd (DVL) | $2.84 Million | -53.52% | 0.40x | $5.92 Million |
| HYDRIX Ltd (HYD) | $3.53 Million | -138.38% | 0.18x | $1.40 Million |
| Ikegps Group Ltd (IKE) | $10.64 Million | -100.86% | 0.15x | $45.21 Million |
| Optiscan Imaging Ltd (OIL) | $1.67 Million | -176.71% | 0.60x | $22.46 Million |
| Shekel Brainweigh Ltd (SBW) | $2.18 Million | -414.34% | 14.73x | $834.78K |
| Structural Monitoring Systems Plc (SMN) | $2.54 Million | -954.08% | 0.27x | $26.58 Million |
| X2M Connect Ltd (X2M) | $-1.36 Million | 0.00% | 0.00x | $2.05 Million |