Platina Resources Ltd (PGM) - Net Assets
Based on the latest financial reports, Platina Resources Ltd (PGM) has net assets worth AU$14.98 Million AUD (≈ $10.60 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$15.37 Million ≈ $10.87 Million USD) and total liabilities (AU$391.93K ≈ $277.31K 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 how resilient are Platina Resources Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$14.98 Million |
| % of Total Assets | 97.45% |
| Annual Growth Rate | 3.37% |
| 5-Year Change | -37.54% |
| 10-Year Change | -35.72% |
| Growth Volatility | 499.5 |
Platina Resources Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Platina Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Platina Resources Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Platina Resources Ltd (2007–2025)
The table below shows the annual net assets of Platina Resources Ltd from 2007 to 2025. For live valuation and market cap data, see Platina Resources Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$14.98 Million ≈ $10.60 Million |
-20.75% |
| 2024-06-30 | AU$18.90 Million ≈ $13.37 Million |
+290.17% |
| 2023-06-30 | AU$4.84 Million ≈ $3.43 Million |
-41.71% |
| 2022-06-30 | AU$8.31 Million ≈ $5.88 Million |
-65.34% |
| 2021-06-30 | AU$23.98 Million ≈ $16.97 Million |
+2167.67% |
| 2020-06-30 | AU$1.06 Million ≈ $748.14K |
-9.40% |
| 2019-06-30 | AU$1.17 Million ≈ $825.81K |
-96.00% |
| 2018-06-30 | AU$29.18 Million ≈ $20.65 Million |
-1.44% |
| 2017-06-30 | AU$29.61 Million ≈ $20.95 Million |
+27.08% |
| 2016-06-30 | AU$23.30 Million ≈ $16.49 Million |
+16.23% |
| 2015-06-30 | AU$20.05 Million ≈ $14.18 Million |
-7.70% |
| 2014-06-30 | AU$21.72 Million ≈ $15.37 Million |
-5.01% |
| 2013-06-30 | AU$22.86 Million ≈ $16.18 Million |
-14.02% |
| 2012-06-30 | AU$26.59 Million ≈ $18.82 Million |
-0.72% |
| 2011-06-30 | AU$26.78 Million ≈ $18.95 Million |
+40.48% |
| 2010-06-30 | AU$19.07 Million ≈ $13.49 Million |
+35.36% |
| 2009-06-30 | AU$14.09 Million ≈ $9.97 Million |
+27.14% |
| 2008-06-30 | AU$11.08 Million ≈ $7.84 Million |
+34.43% |
| 2007-06-30 | AU$8.24 Million ≈ $5.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Platina Resources 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 3830275500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$56.55 Million | 377.62% |
| Other Comprehensive Income | AU$1.19 Million | 7.94% |
| Total Equity | AU$14.98 Million | 100.00% |
Platina Resources Ltd Competitors by Market Cap
The table below lists competitors of Platina Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Af Legal Group Ltd
AU:AFL
|
$10.50 Million |
|
BioLine RX Ltd
TA:BLRX
|
$10.50 Million |
|
DLB-Anlageservice AG
STU:DLB
|
$10.50 Million |
|
Mistral Patrimonio Inmobiliario SOCIMI SA
MC:YMPI
|
$10.50 Million |
|
Kim Hin Joo
KLSE:0210
|
$10.49 Million |
|
Brimstone Investment Corporation Ltd
JSE:BRT
|
$10.49 Million |
|
Eastern Technical Engineering Public Company Limited
BK:ETE
|
$10.47 Million |
|
Teera-Mongkol Industry Public Company Limited
BK:TMI
|
$10.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Platina Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,898,155 to 14,976,420, a change of -3,921,735 (-20.8%).
- Net loss of 3,921,735 reduced equity.
- Other comprehensive income increased equity by 3,322,046.
- Other factors decreased equity by 3,322,046.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.92 Million | -26.19% |
| Other Comprehensive Income | AU$3.32 Million | +22.18% |
| Other Changes | AU$-3.32 Million | -22.18% |
| Total Change | AU$- | -20.75% |
Book Value vs Market Value Analysis
This analysis compares Platina Resources 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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.13x to 1.00x 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$0.18 | AU$0.02 | x |
| 2008-06-30 | AU$0.22 | AU$0.02 | x |
| 2009-06-30 | AU$0.22 | AU$0.02 | x |
| 2010-06-30 | AU$0.22 | AU$0.02 | x |
| 2011-06-30 | AU$0.23 | AU$0.02 | x |
| 2012-06-30 | AU$0.23 | AU$0.02 | x |
| 2013-06-30 | AU$0.19 | AU$0.02 | x |
| 2014-06-30 | AU$0.16 | AU$0.02 | x |
| 2015-06-30 | AU$0.14 | AU$0.02 | x |
| 2016-06-30 | AU$0.14 | AU$0.02 | x |
| 2017-06-30 | AU$0.13 | AU$0.02 | x |
| 2018-06-30 | AU$0.11 | AU$0.02 | x |
| 2019-06-30 | AU$0.00 | AU$0.02 | x |
| 2020-06-30 | AU$0.00 | AU$0.02 | x |
| 2021-06-30 | AU$0.05 | AU$0.02 | x |
| 2022-06-30 | AU$0.02 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$0.03 | AU$0.02 | x |
| 2025-06-30 | AU$0.02 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Platina Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -26.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -677.86%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.03x
- Recent ROE (-26.19%) is above the historical average (-43.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -54.17% | 0.00% | 0.00x | 1.02x | AU$-5.29 Million |
| 2008 | -38.94% | 0.00% | 0.00x | 1.06x | AU$-5.42 Million |
| 2009 | -22.97% | -128394.25% | 0.00x | 1.02x | AU$-4.64 Million |
| 2010 | -8.28% | -1186.46% | 0.01x | 1.01x | AU$-3.48 Million |
| 2011 | -8.90% | -1324.40% | 0.01x | 1.04x | AU$-5.06 Million |
| 2012 | -1.89% | -145.56% | 0.01x | 1.01x | AU$-3.16 Million |
| 2013 | -20.13% | -5856.46% | 0.00x | 1.01x | AU$-6.89 Million |
| 2014 | -9.29% | -7267.31% | 0.00x | 1.01x | AU$-4.19 Million |
| 2015 | -5.40% | -6222.62% | 0.00x | 1.12x | AU$-3.09 Million |
| 2016 | -1.60% | -112.76% | 0.01x | 1.10x | AU$-2.70 Million |
| 2017 | -1.80% | -214.66% | 0.01x | 1.09x | AU$-3.49 Million |
| 2018 | -1.35% | -265.54% | 0.00x | 1.09x | AU$-3.31 Million |
| 2019 | -223.17% | -6449.16% | 0.03x | 1.18x | AU$-2.72 Million |
| 2020 | -210.23% | -4061.85% | 0.04x | 1.27x | AU$-2.33 Million |
| 2021 | 83.67% | 252.63% | 0.33x | 1.01x | AU$17.66 Million |
| 2022 | -188.65% | -702.98% | 0.25x | 1.05x | AU$-16.51 Million |
| 2023 | -164.54% | -34494.63% | 0.00x | 1.12x | AU$-8.45 Million |
| 2024 | 73.97% | 75.15% | 0.92x | 1.07x | AU$12.09 Million |
| 2025 | -26.19% | -677.86% | 0.04x | 1.03x | AU$-5.42 Million |
Industry Comparison
This section compares Platina Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $108,704,405
- Average return on equity (ROE) among peers: -60.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Platina Resources Ltd (PGM) | AU$14.98 Million | -54.17% | 0.03x | $10.50 Million |
| 29METALS Ltd (29M) | $715.69 Million | -6.60% | 0.81x | $297.19 Million |
| Aic Mines Ltd (A1M) | $46.60 Million | -91.64% | 0.23x | $341.44 Million |
| Austral Gold Ltd (AGD) | $58.26 Million | -15.21% | 0.84x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $320.88K | -110.98% | 0.80x | $7.60 Million |
| Alicanto Minerals Ltd (AQI) | $2.54 Million | -215.43% | 0.16x | $136.26 Million |
| Argent Minerals Ltd (ARD) | $2.40 Million | -88.19% | 0.07x | $26.37 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $5.44 Million |
| Avira Resources Ltd (AVW) | $5.57 Million | -12.76% | 0.16x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $12.76 Million | -5.12% | 0.04x | $304.70 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $17.10 Million |
About Platina Resources Ltd
Platina Resources Limited acquires, explores for, and develops precious metals and other mineral deposits in Australia. It explores for platinum group metals, zinc and gold, and base metals. Platina Resources Limited was incorporated in 2006 and is headquartered in Mount Hawthorn, Australia.