REY Resources Ltd (REY) - Net Assets
Based on the latest financial reports, REY Resources Ltd (REY) has net assets worth AU$9.12 Million AUD (≈ $6.46 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$30.81 Million ≈ $21.80 Million USD) and total liabilities (AU$21.69 Million ≈ $15.35 Million 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 financial resilience of REY Resources Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$9.12 Million |
| % of Total Assets | 29.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | -58.02% |
| 10-Year Change | -70.53% |
| Growth Volatility | 76.32 |
REY Resources Ltd - Net Assets Trend (2004–2024)
This chart illustrates how REY Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore REY Resources Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for REY Resources Ltd (2004–2024)
The table below shows the annual net assets of REY Resources Ltd from 2004 to 2024. For live valuation and market cap data, see REY Resources Ltd (REY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$10.74 Million ≈ $7.60 Million |
-46.70% |
| 2023-06-30 | AU$20.15 Million ≈ $14.26 Million |
-10.10% |
| 2022-06-30 | AU$22.41 Million ≈ $15.86 Million |
-7.43% |
| 2021-06-30 | AU$24.21 Million ≈ $17.13 Million |
-5.37% |
| 2020-06-30 | AU$25.59 Million ≈ $18.10 Million |
-6.87% |
| 2019-06-30 | AU$27.47 Million ≈ $19.44 Million |
-24.65% |
| 2018-06-30 | AU$36.46 Million ≈ $25.80 Million |
-2.85% |
| 2017-06-30 | AU$37.53 Million ≈ $26.56 Million |
+1.19% |
| 2016-06-30 | AU$37.09 Million ≈ $26.24 Million |
+1.79% |
| 2015-06-30 | AU$36.44 Million ≈ $25.78 Million |
-10.59% |
| 2014-06-30 | AU$40.76 Million ≈ $28.84 Million |
+4.01% |
| 2013-06-30 | AU$39.19 Million ≈ $27.73 Million |
+16.59% |
| 2012-06-30 | AU$33.61 Million ≈ $23.78 Million |
+18.78% |
| 2011-06-30 | AU$28.30 Million ≈ $20.02 Million |
+31.86% |
| 2010-06-30 | AU$21.46 Million ≈ $15.18 Million |
+200.66% |
| 2009-06-30 | AU$7.14 Million ≈ $5.05 Million |
-6.27% |
| 2008-06-30 | AU$7.61 Million ≈ $5.39 Million |
+109.62% |
| 2007-06-30 | AU$3.63 Million ≈ $2.57 Million |
-19.71% |
| 2006-06-30 | AU$4.52 Million ≈ $3.20 Million |
+257.67% |
| 2005-06-30 | AU$1.26 Million ≈ $895.07K |
+2486.79% |
| 2004-06-30 | AU$-53.00K ≈ $-37.50K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to REY 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 7575700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$86.50 Million | 805.37% |
| Total Equity | AU$10.74 Million | 100.00% |
REY Resources Ltd Competitors by Market Cap
The table below lists competitors of REY Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Krida Jaringan Nusantara Tbk PT
JK:KJEN
|
$4.04 Million |
|
ModivCare Inc
NASDAQ:MODV
|
$4.04 Million |
|
Melkior Resources Inc.
V:MKR
|
$4.05 Million |
|
Inspire Veterinary Partners, Inc. Class A Common Stock
NASDAQ:IVP
|
$4.05 Million |
|
Porvair plc
LSE:PRV
|
$4.04 Million |
|
Baosheng Media Group Holdings Ltd
NASDAQ:BAOS
|
$4.04 Million |
|
CC Japan Income and Growth Trust PLC
LSE:CCJI
|
$4.03 Million |
|
Arcadia Minerals Ltd
AU:AM7
|
$4.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REY Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,150,000 to 10,740,000, a change of -9,410,000 (-46.7%).
- Net loss of 9,401,000 reduced equity.
- Share repurchases of 9,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-9.40 Million | -87.53% |
| Share Repurchases | AU$9.00K | -0.08% |
| Total Change | AU$- | -46.70% |
Book Value vs Market Value Analysis
This analysis compares REY 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: 0.53x
- 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 increased from 0.07x to 0.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.38 | AU$0.03 | x |
| 2007-06-30 | AU$0.23 | AU$0.03 | x |
| 2008-06-30 | AU$0.39 | AU$0.03 | x |
| 2009-06-30 | AU$0.24 | AU$0.03 | x |
| 2010-06-30 | AU$0.48 | AU$0.03 | x |
| 2011-06-30 | AU$0.48 | AU$0.03 | x |
| 2012-06-30 | AU$0.45 | AU$0.03 | x |
| 2013-06-30 | AU$0.39 | AU$0.03 | x |
| 2014-06-30 | AU$0.33 | AU$0.03 | x |
| 2015-06-30 | AU$0.27 | AU$0.03 | x |
| 2016-06-30 | AU$0.22 | AU$0.03 | x |
| 2017-06-30 | AU$0.18 | AU$0.03 | x |
| 2018-06-30 | AU$0.17 | AU$0.03 | x |
| 2019-06-30 | AU$0.13 | AU$0.03 | x |
| 2020-06-30 | AU$0.12 | AU$0.03 | x |
| 2021-06-30 | AU$0.11 | AU$0.03 | x |
| 2022-06-30 | AU$0.11 | AU$0.03 | x |
| 2023-06-30 | AU$0.10 | AU$0.03 | x |
| 2024-06-30 | AU$0.05 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REY Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -87.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.18x
- Recent ROE (-87.53%) is below the historical average (-22.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -21.97% | -2424.12% | 0.01x | 1.09x | AU$-1.45 Million |
| 2007 | -31.69% | -5496.20% | 0.01x | 1.04x | AU$-1.51 Million |
| 2008 | -41.97% | -1151.90% | 0.03x | 1.11x | AU$-3.96 Million |
| 2009 | -37.76% | -28998.08% | 0.00x | 1.03x | AU$-3.41 Million |
| 2010 | -11.40% | -450.68% | 0.02x | 1.04x | AU$-4.59 Million |
| 2011 | -18.84% | 0.00% | 0.00x | 1.11x | AU$-8.16 Million |
| 2012 | -26.54% | 0.00% | 0.00x | 1.04x | AU$-12.28 Million |
| 2013 | -19.59% | -95975.00% | 0.00x | 1.03x | AU$-11.60 Million |
| 2014 | -8.11% | -41300.00% | 0.00x | 1.01x | AU$-7.38 Million |
| 2015 | -27.99% | -72857.14% | 0.00x | 1.01x | AU$-13.84 Million |
| 2016 | -10.78% | 0.00% | 0.00x | 1.01x | AU$-7.71 Million |
| 2017 | -1.49% | -527.36% | 0.00x | 1.02x | AU$-4.31 Million |
| 2018 | -2.88% | 0.00% | 0.00x | 1.15x | AU$-4.70 Million |
| 2019 | -32.48% | 0.00% | 0.00x | 1.31x | AU$-11.67 Million |
| 2020 | -10.97% | 0.00% | 0.00x | 1.43x | AU$-5.37 Million |
| 2021 | -9.54% | 0.00% | 0.00x | 1.57x | AU$-4.73 Million |
| 2022 | -8.02% | 0.00% | 0.00x | 1.75x | AU$-4.04 Million |
| 2023 | -11.08% | 0.00% | 0.00x | 1.99x | AU$-4.25 Million |
| 2024 | -87.53% | 0.00% | 0.00x | 3.18x | AU$-10.47 Million |
Industry Comparison
This section compares REY Resources Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $404,474,605
- Average return on equity (ROE) among peers: -0.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| REY Resources Ltd (REY) | AU$9.12 Million | -21.97% | 2.38x | $4.04 Million |
| Australian Pacific Coal Ltd (AQC) | $2.39 Million | -24.82% | 0.11x | $3.22 Million |
| Austchina Holdings Ltd (AUH) | $15.64 Million | -2.15% | 0.15x | $4.99 Million |
| MC Mining Ltd (MCM) | $132.14 Million | -25.29% | 0.32x | $137.01 Million |
| New Hope Corporation Ltd (NHC) | $2.25 Billion | 7.42% | 0.09x | $3.29 Billion |
| Pacific Resources Limited (PXR) | $15.53 Million | -7.08% | 0.11x | $2.55 Million |
| Terracom Ltd (TER) | $70.44 Million | 36.03% | 5.99x | $94.14 Million |
| White Energy Company Ltd (WEC) | $370.57 Million | 0.91% | 0.44x | $17.18 Million |
| Whitehaven Coal Ltd (WHC) | $212.00 Million | 6.43% | 0.77x | $4.97 Billion |
| Yancoal Australia Ltd (YAL) | $568.64 Million | 0.00% | 7.00x | $6.86 Billion |
About REY Resources Ltd
Rey Resources Limited engages in the exploration and development of energy resources in Western Australia. It explores for natural gas, crude oil, and coal. The company holds a 100% interest in the Derby Block comprising a petroleum exploration permit EP487 covering an area of 5,020 square kilometers; and a 40% interest in the Fitzroy Blocks comprising petroleum permits EP457 and EP458 located in… Read more