Pacific Nickel Mines Ltd

AU:PNM Australia Gold
Market Cap
$6.26 Million
AU$10.10 Million AUD
Market Cap Rank
#32083 Global
#1040 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.02
All Time High
AU$0.02
Categories
Companies in Australia Gold
About

Pacific Nickel Mines Limited engages in the mineral exploration and development business in Australia. It primarily explores for nickel deposits. The company's principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020. Pacif… Read more

Pacific Nickel Mines Ltd (PNM) - Net Assets

Latest net assets as of December 2024: AU$4.41 Million AUD

Based on the latest financial reports, Pacific Nickel Mines Ltd (PNM) has net assets worth AU$4.41 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$64.12 Million) and total liabilities (AU$59.71 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$4.41 Million
% of Total Assets 6.87%
Annual Growth Rate 4.73%
5-Year Change 435.32%
10-Year Change -64.08%
Growth Volatility 177.8

Pacific Nickel Mines Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Pacific Nickel Mines 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 Pacific Nickel Mines Ltd (2002–2024)

The table below shows the annual net assets of Pacific Nickel Mines Ltd from 2002 to 2024.

Year Net Assets Change
2024-06-30 AU$3.69 Million -81.22%
2023-06-30 AU$19.64 Million +82.88%
2022-06-30 AU$10.74 Million +71.46%
2021-06-30 AU$6.26 Million +809.06%
2020-06-30 AU$688.91K +14.33%
2019-06-30 AU$602.58K -91.37%
2018-06-30 AU$6.99 Million -10.57%
2017-06-30 AU$7.81 Million -10.55%
2016-06-30 AU$8.73 Million -14.95%
2015-06-30 AU$10.27 Million -57.40%
2014-06-30 AU$24.10 Million -10.06%
2013-06-30 AU$26.80 Million -23.17%
2012-06-30 AU$34.88 Million -3.78%
2011-06-30 AU$36.25 Million +154.25%
2010-06-30 AU$14.26 Million -9.85%
2009-06-30 AU$15.82 Million -5.18%
2008-06-30 AU$16.68 Million +56.47%
2007-06-30 AU$10.66 Million +59.02%
2006-06-30 AU$6.70 Million +39.76%
2005-06-30 AU$4.80 Million -0.38%
2004-06-30 AU$4.82 Million +19.11%
2003-06-30 AU$4.04 Million +203.23%
2002-06-30 AU$1.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Pacific Nickel Mines 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 7849384500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$86.10 Million 1271.45%
Other Comprehensive Income AU$1.07 Million 15.79%
Other Components AU$1.00 0.00%
Total Equity AU$6.77 Million 100.00%

Pacific Nickel Mines Ltd Competitors by Market Cap

The table below lists competitors of Pacific Nickel Mines Ltd ranked by their market capitalization.

Company Market Cap
Blaize Holdings, Inc. Warrants
NASDAQ:BZAIW
 		$4.00 Million
ZECON Bhd
KLSE:7028
 		$4.00 Million
Vicarious Surgical Inc.
NYSE:RBOT
 		$4.01 Million
DCM Limited
NSE:DCM
 		$4.01 Million
FRONTIER IP GR.PLC LS-10
F:8WT
 		$4.00 Million
Folkup Development Inc
PINK:FLDI
 		$4.00 Million
Semac Consultants Limited
NSE:SEMAC
 		$4.00 Million
Euro Tech Holdings Company Ltd
NASDAQ:CLWT
 		$4.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pacific Nickel Mines Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,636,820 to 6,772,111, a change of -12,864,709 (-65.5%).
  • Net loss of 14,368,976 reduced equity.
  • Share repurchases of 453,430 reduced equity.
  • New share issuances of 453,426 increased equity.
  • Other comprehensive income increased equity by 1,118,202.
  • Other factors increased equity by 386,069.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-14.37 Million -212.18%
Share Repurchases AU$453.43K -6.7%
Share Issuances AU$453.43K +6.7%
Other Comprehensive Income AU$1.12 Million +16.51%
Other Changes AU$386.07K +5.7%
Total Change AU$- -65.51%

Book Value vs Market Value Analysis

This analysis compares Pacific Nickel Mines 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: 1.47x
  • 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 0.00x to 1.47x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-06-30 AU$12.51 AU$0.02 x
2004-06-30 AU$10.75 AU$0.02 x
2005-06-30 AU$9.04 AU$0.02 x
2006-06-30 AU$9.40 AU$0.02 x
2007-06-30 AU$10.82 AU$0.02 x
2008-06-30 AU$13.57 AU$0.02 x
2009-06-30 AU$10.99 AU$0.02 x
2010-06-30 AU$7.91 AU$0.02 x
2011-06-30 AU$10.51 AU$0.02 x
2012-06-30 AU$5.29 AU$0.02 x
2013-06-30 AU$3.20 AU$0.02 x
2014-06-30 AU$2.50 AU$0.02 x
2015-06-30 AU$1.01 AU$0.02 x
2016-06-30 AU$0.78 AU$0.02 x
2017-06-30 AU$0.60 AU$0.02 x
2018-06-30 AU$0.51 AU$0.02 x
2019-06-30 AU$0.00 AU$0.02 x
2020-06-30 AU$0.03 AU$0.02 x
2021-06-30 AU$0.04 AU$0.02 x
2022-06-30 AU$0.04 AU$0.02 x
2023-06-30 AU$0.06 AU$0.02 x
2024-06-30 AU$0.02 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pacific Nickel Mines 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): -212.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -121.06%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 8.51x
  • Recent ROE (-212.18%) is below the historical average (-112.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 -9.16% -62257.65% 0.00x 1.05x AU$-774.70K
2004 -11.67% 0.00% 0.00x 1.04x AU$-1.04 Million
2005 -26.04% -14993.83% 0.00x 1.07x AU$-1.73 Million
2006 -7.72% -3805.94% 0.00x 1.06x AU$-1.19 Million
2007 -8.54% -812.96% 0.01x 1.05x AU$-1.98 Million
2008 -7.18% -11681.04% 0.00x 1.09x AU$-2.87 Million
2009 -21.69% -1884467.03% 0.00x 1.01x AU$-5.01 Million
2010 -28.88% -566452.96% 0.00x 1.11x AU$-5.54 Million
2011 -4.75% -7036.16% 0.00x 1.04x AU$-5.35 Million
2012 -13.68% -2622682.42% 0.00x 1.04x AU$-8.26 Million
2013 -37.08% -7832.14% 0.00x 1.05x AU$-12.62 Million
2014 -13.20% -2050.34% 0.01x 1.08x AU$-5.59 Million
2015 -140.21% -76338.87% 0.00x 1.27x AU$-15.42 Million
2016 -17.94% -67662.74% 0.00x 1.39x AU$-2.44 Million
2017 -17.17% -199651.64% 0.00x 1.59x AU$-2.12 Million
2018 -15.67% -197.34% 0.05x 1.73x AU$-1.79 Million
2019 -1071.51% -33890.06% 0.00x 13.30x AU$-6.52 Million
2020 -769.83% -63689.77% 0.00x 4.83x AU$-5.37 Million
2021 -38.30% -97027.95% 0.00x 1.16x AU$-3.02 Million
2022 -7.19% -10229.17% 0.00x 1.09x AU$-1.85 Million
2023 -4.35% -5874.18% 0.00x 1.28x AU$-2.82 Million
2024 -212.18% -121.06% 0.21x 8.51x AU$-15.05 Million

Industry Comparison

This section compares Pacific Nickel Mines Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pacific Nickel Mines Ltd (PNM) AU$4.41 Million -9.16% 13.55x $4.00 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million