Qmines Ltd
QMines Limited explores and develops mineral properties in Australia. The company explores for gold, copper, zinc, and silver deposits. Its flagship project is the 100% owned Mount Chalmers project, which consists of five minerals exploration permits covering an area of 334 square kilometers located North-East of Rockhampton, Queensland. QMines Limited was incorporated in 2020 and is headquartere… Read more
Qmines Ltd (QML) - Net Assets
Latest net assets as of June 2025: AU$25.30 Million AUD
Based on the latest financial reports, Qmines Ltd (QML) has net assets worth AU$25.30 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$27.91 Million) and total liabilities (AU$2.61 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$25.30 Million |
| % of Total Assets | 90.64% |
| Annual Growth Rate | 133.9% |
| 5-Year Change | 80.16% |
| 10-Year Change | N/A |
| Growth Volatility | 8462.9 |
Qmines Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Qmines 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 Qmines Ltd (2018–2025)
The table below shows the annual net assets of Qmines Ltd from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$25.30 Million | +39.93% |
| 2024-06-30 | AU$18.08 Million | +13.42% |
| 2023-06-30 | AU$15.94 Million | +28.55% |
| 2022-06-30 | AU$12.40 Million | -11.69% |
| 2021-06-30 | AU$14.04 Million | +21174.76% |
| 2018-06-30 | AU$66.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qmines 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 1649183800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$43.76 Million | 172.99% |
| Other Comprehensive Income | AU$-2.08 Million | -8.23% |
| Other Components | AU$109.46K | 0.43% |
| Total Equity | AU$25.30 Million | 100.00% |
Qmines Ltd Competitors by Market Cap
The table below lists competitors of Qmines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pointerra Ltd
AU:3DP
|
$12.07 Million |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
$12.07 Million |
|
Sergeferrari G
PA:SEFER
|
$12.07 Million |
|
Sinmah Capital Bhd
KLSE:9776
|
$12.08 Million |
|
Yulchon Co., Ltd
KQ:146060
|
$12.07 Million |
|
Spencer's Retail Limited
NSE:SPENCERS
|
$12.06 Million |
|
Micropac Industries Inc
PINK:MPAD
|
$12.06 Million |
|
Hydrogene De France SA
PA:HDF
|
$12.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qmines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,078,811 to 25,296,950, a change of 7,218,139 (39.9%).
- Net loss of 2,939,360 reduced equity.
- Share repurchases of 8,177,880 reduced equity.
- Other comprehensive income decreased equity by 2,395,585.
- Other factors increased equity by 20,730,964.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.94 Million | -11.62% |
| Share Repurchases | AU$8.18 Million | -32.33% |
| Other Comprehensive Income | AU$-2.40 Million | -9.47% |
| Other Changes | AU$20.73 Million | +81.95% |
| Total Change | AU$- | 39.93% |
Book Value vs Market Value Analysis
This analysis compares Qmines 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: 0.75x
- 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 113.48x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$0.00 | AU$0.05 | x |
| 2021-06-30 | AU$0.10 | AU$0.05 | x |
| 2022-06-30 | AU$0.11 | AU$0.05 | x |
| 2023-06-30 | AU$0.12 | AU$0.05 | x |
| 2024-06-30 | AU$0.09 | AU$0.05 | x |
| 2025-06-30 | AU$0.07 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qmines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3331.36%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.10x
- Recent ROE (-11.62%) is above the historical average (-95.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -472.73% | 0.00% | 0.00x | 1.20x | AU$-318.60K |
| 2021 | -11.28% | -63028.65% | 0.00x | 1.02x | AU$-2.99 Million |
| 2022 | -25.53% | -226098.93% | 0.00x | 1.03x | AU$-4.41 Million |
| 2023 | -35.76% | -25702.32% | 0.00x | 1.03x | AU$-7.29 Million |
| 2024 | -18.67% | -1893.79% | 0.01x | 1.19x | AU$-5.18 Million |
| 2025 | -11.62% | -3331.36% | 0.00x | 1.10x | AU$-5.47 Million |
Industry Comparison
This section compares Qmines Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $12,001,822
- Average return on equity (ROE) among peers: -38.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qmines Ltd (QML) | AU$25.30 Million | -472.73% | 0.10x | $12.07 Million |
| Alma Metals Ltd (ALM) | $22.61 Million | -41.39% | 0.30x | $10.63 Million |
| Austral Resources Australia Ltd (AR1) | $-18.68 Million | 0.00% | 0.00x | $13.15 Million |
| Castillo Copper Ltd (CCZ) | $457.54K | -115.76% | 0.00x | $9.90 Million |
| Culpeo Minerals Ltd (CPO) | $-438.42K | 0.00% | 0.00x | $1.98 Million |
| Copper Strike Ltd (CSE) | $24.10 Million | -0.75% | 0.37x | $4.95 Million |
| Caravel Minerals Ltd (CVV) | $8.61 Million | -86.54% | 0.10x | $86.94 Million |
| Hot Chili Ltd (HCH) | $70.74 Million | -6.17% | 0.06x | $110.94 Million |
| MAC Copper Ltd (MAC) | $4.06 Million | 0.00% | 64.61x | $943.30 Million |
| Noronex Ltd (NRX) | $3.31 Million | -98.56% | 0.04x | $2.26 Million |
| NT Minerals Ltd (NTM) | $5.24 Million | -31.31% | 0.06x | $1.13 Million |