Pan Asia Metals Ltd
Pan Asia Metals Limited, an investment holding company, engages in the identification and development of specialty metal assets in Southeast Asia. It explores for tungsten and lithium deposits in Thailand and northern Chile. Pan Asia Metals Limited was incorporated in 2017 and is based in Bangkok, Thailand.
Pan Asia Metals Ltd (PAM) - Net Assets
Latest net assets as of December 2023: AU$10.76 Million AUD
Based on the latest financial reports, Pan Asia Metals Ltd (PAM) has net assets worth AU$10.76 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$12.48 Million) and total liabilities (AU$1.72 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$10.76 Million |
| % of Total Assets | 86.24% |
| Annual Growth Rate | 7.42% |
| 5-Year Change | 17.86% |
| 10-Year Change | N/A |
| Growth Volatility | 19.4 |
Pan Asia Metals Ltd - Net Assets Trend (2017–2023)
This chart illustrates how Pan Asia Metals 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 Pan Asia Metals Ltd (2017–2023)
The table below shows the annual net assets of Pan Asia Metals Ltd from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$10.76 Million | +3.54% |
| 2022-12-31 | AU$10.40 Million | -16.44% |
| 2021-12-31 | AU$12.44 Million | +44.49% |
| 2020-12-31 | AU$8.61 Million | -5.72% |
| 2019-12-31 | AU$9.13 Million | +9.34% |
| 2018-12-31 | AU$8.35 Million | +19.22% |
| 2017-12-31 | AU$7.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pan Asia Metals 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 570727000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$16.73 Million | 155.40% |
| Other Comprehensive Income | AU$-97.23K | -0.90% |
| Total Equity | AU$10.76 Million | 100.00% |
Pan Asia Metals Ltd Competitors by Market Cap
The table below lists competitors of Pan Asia Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
14S0
F:14S0
|
$2.68 Million |
|
Orestone Mining Corp
PINK:ORESF
|
$2.68 Million |
|
ENRG Elements Limited
PINK:EELFF
|
$2.68 Million |
|
Mustika Ratu Tbk
JK:MRAT
|
$2.68 Million |
|
Spear REIT Ltd
JSE:SEA
|
$2.68 Million |
|
Metals Creek Resources Corp
OTCQB:MCREF
|
$2.68 Million |
|
Nawarat Patanakarn Public Company Limited
BK:NWR
|
$2.68 Million |
|
LEADING HOLDINGS DL-01
F:88Z
|
$2.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pan Asia Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,395,300 to 10,763,294, a change of 367,994 (3.5%).
- Net loss of 5,030,813 reduced equity.
- New share issuances of 3,653,467 increased equity.
- Other comprehensive income increased equity by 53,811.
- Other factors increased equity by 1,691,529.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.03 Million | -46.74% |
| Share Issuances | AU$3.65 Million | +33.94% |
| Other Comprehensive Income | AU$53.81K | +0.5% |
| Other Changes | AU$1.69 Million | +15.72% |
| Total Change | AU$- | 3.54% |
Book Value vs Market Value Analysis
This analysis compares Pan Asia Metals 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: 0.65x
- 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 decreased from 0.86x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.05 | AU$0.05 | x |
| 2018-12-31 | AU$0.06 | AU$0.05 | x |
| 2019-12-31 | AU$0.07 | AU$0.05 | x |
| 2020-12-31 | AU$0.07 | AU$0.05 | x |
| 2021-12-31 | AU$0.09 | AU$0.05 | x |
| 2022-12-31 | AU$0.07 | AU$0.05 | x |
| 2023-12-31 | AU$0.07 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pan Asia Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -46.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-46.74%) is below the historical average (-15.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.30% | -630.26% | 0.00x | 1.02x | AU$-861.97K |
| 2018 | -9.21% | -2565466.67% | 0.00x | 1.02x | AU$-1.60 Million |
| 2019 | -9.78% | -558208.75% | 0.00x | 1.01x | AU$-1.81 Million |
| 2020 | -9.13% | -291281.85% | 0.00x | 1.06x | AU$-1.65 Million |
| 2021 | -13.71% | -33979.06% | 0.00x | 1.04x | AU$-2.95 Million |
| 2022 | -19.69% | -82520.85% | 0.00x | 1.06x | AU$-3.09 Million |
| 2023 | -46.74% | 0.00% | 0.00x | 1.16x | AU$-6.11 Million |
Industry Comparison
This section compares Pan Asia Metals 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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pan Asia Metals Ltd (PAM) | AU$10.76 Million | -2.30% | 0.16x | $2.68 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |