Piche Resources Ltd
Piche Resources Limited, a junior exploration company, engages in mining and exploration of mineral resources in Western Australia and Argentina. It explores for gold, uranium, precious metals, base metals, rare earth elements, and other critical minerals. The company was formerly known as San Martin Mining Pty Ltd. The company was incorporated in 2022 and is based in Perth, Australia.
Piche Resources Ltd (PR2) - Net Assets
Latest net assets as of June 2025: AU$4.78 Million AUD
Based on the latest financial reports, Piche Resources Ltd (PR2) has net assets worth AU$4.78 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$5.29 Million) and total liabilities (AU$512.67K). 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$4.78 Million |
| % of Total Assets | 90.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 453.8 |
Piche Resources Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Piche Resources 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 Piche Resources Ltd (2022–2025)
The table below shows the annual net assets of Piche Resources Ltd from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$4.78 Million | +867.55% |
| 2024-06-30 | AU$493.54K | -40.05% |
| 2023-06-30 | AU$823.27K | +12387.67% |
| 2022-06-30 | AU$-6.70K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piche 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 955885900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$12.94 Million | 270.99% |
| Other Comprehensive Income | AU$1.40 Million | 29.40% |
| Total Equity | AU$4.78 Million | 100.00% |
Piche Resources Ltd Competitors by Market Cap
The table below lists competitors of Piche Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WF Holding Limited Ordinary Shares
NASDAQ:WFF
|
$3.39 Million |
|
Dominion Minerals Ltd
AU:DLM
|
$3.39 Million |
|
Ecolomondo Corporation
OTCQB:ECLMF
|
$3.39 Million |
|
Realfiction Holding AB
ST:REALFI
|
$3.39 Million |
|
Noble Financials SA
WAR:IBS
|
$3.39 Million |
|
GPM Metals Inc
PINK:GPMTF
|
$3.39 Million |
|
PT Selaras Citra Nusantara Perkasa Tbk
JK:SCNP
|
$3.38 Million |
|
Tiv Taam
TA:TTAM
|
$3.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piche Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 493,536 to 4,775,183, a change of 4,281,647 (867.5%).
- Net loss of 5,286,653 reduced equity.
- Share repurchases of 10,002,620 reduced equity.
- Other comprehensive income increased equity by 824,697.
- Other factors increased equity by 18,746,223.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.29 Million | -110.71% |
| Share Repurchases | AU$10.00 Million | -209.47% |
| Other Comprehensive Income | AU$824.70K | +17.27% |
| Other Changes | AU$18.75 Million | +392.58% |
| Total Change | AU$- | 867.55% |
Book Value vs Market Value Analysis
This analysis compares Piche 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.00 | AU$0.09 | x |
| 2023-06-30 | AU$0.01 | AU$0.09 | x |
| 2024-06-30 | AU$0.01 | AU$0.09 | x |
| 2025-06-30 | AU$0.04 | AU$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piche Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -110.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-110.71%) is above the historical average (-219.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-9.33K |
| 2023 | -145.91% | 0.00% | 0.00x | 1.27x | AU$-1.28 Million |
| 2024 | -622.25% | 0.00% | 0.00x | 4.55x | AU$-3.12 Million |
| 2025 | -110.71% | 0.00% | 0.00x | 1.11x | AU$-5.76 Million |
Industry Comparison
This section compares Piche Resources 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 |
|---|---|---|---|---|
| Piche Resources Ltd (PR2) | AU$4.78 Million | 0.00% | 0.11x | $3.39 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 |