Red Hawk Mining Limited

AU:RHK Australia Other Industrial Metals & Mining
Market Cap
$157.27 Million
AU$253.99 Million AUD
Market Cap Rank
#35375 Global
#1329 in Australia
Share Price
AU$1.20
Change (1 day)
+0.00%
52-Week Range
AU$1.20 - AU$1.20
All Time High
AU$1.65
Categories
Companies in Australia Other Industrial Metals & Mining
About

Red Hawk Mining Limited engages in mineral exploration and development in Western Australia. The company explores for iron ore deposits. It focuses on developing its 100% owned Blacksmith iron ore project consisting of mining lease 112 square kilometers located in the Western Pilbara district of Western Australia, as well as holds retention license R47/21 for the Anvil Project. The company was fo… Read more

Red Hawk Mining Limited (RHK) - Net Assets

Latest net assets as of June 2024: AU$91.02 Million AUD

Based on the latest financial reports, Red Hawk Mining Limited (RHK) has net assets worth AU$91.02 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$94.47 Million) and total liabilities (AU$3.44 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$91.02 Million
% of Total Assets 96.36%
Annual Growth Rate N/A
5-Year Change 39.69%
10-Year Change 81.6%
Growth Volatility 35.95

Red Hawk Mining Limited - Net Assets Trend (2000–2024)

This chart illustrates how Red Hawk Mining Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Red Hawk Mining Limited (2000–2024)

The table below shows the annual net assets of Red Hawk Mining Limited from 2000 to 2024.

Year Net Assets Change
2024-06-30 AU$91.02 Million +8.44%
2023-06-30 AU$83.94 Million +18.89%
2022-06-30 AU$70.61 Million -7.92%
2021-06-30 AU$76.68 Million +17.68%
2020-06-30 AU$65.16 Million +9.30%
2019-06-30 AU$59.62 Million +4.81%
2018-06-30 AU$56.88 Million -3.08%
2017-06-30 AU$58.69 Million +23.99%
2016-06-30 AU$47.34 Million -5.56%
2015-06-30 AU$50.12 Million -32.04%
2014-06-30 AU$73.75 Million +14.21%
2013-06-30 AU$64.58 Million -16.20%
2012-06-30 AU$77.06 Million -5.23%
2011-06-30 AU$81.31 Million -8.37%
2010-06-30 AU$88.74 Million +88.94%
2009-06-30 AU$46.97 Million +60.18%
2008-06-30 AU$29.32 Million +110.28%
2007-06-30 AU$13.94 Million +24.73%
2006-06-30 AU$11.18 Million +69.64%
2005-06-30 AU$6.59 Million +4.33%
2004-06-30 AU$6.32 Million +66.47%
2003-06-30 AU$3.79 Million -19.39%
2002-06-30 AU$4.71 Million -10.03%
2001-06-30 AU$5.23 Million +5384.34%
2000-06-30 AU$-99.00K --

Equity Component Analysis

This analysis shows how different components contribute to Red Hawk Mining Limited'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 8639537700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$176.98 Million 194.43%
Other Comprehensive Income AU$645.00K 0.71%
Total Equity AU$91.02 Million 100.00%

Red Hawk Mining Limited Competitors by Market Cap

The table below lists competitors of Red Hawk Mining Limited ranked by their market capitalization.

Company Market Cap
Burley Minerals Ltd
AU:BUR
 		$1.33 Million
Fica Empreendimentos Imobiliarios S.A
SA:FIEI3
 		$1.33 Million
CHINA HEALTH GRP HD-10
F:VNL1
 		$1.33 Million
TE CONNECTIV N (9TC.SG)
STU:9TC
 		$1.33 Million
UC Asset LP
OTCQB:UCASU
 		$1.33 Million
Helix Applications Inc
PINK:BLVDF
 		$1.33 Million
Taboola.com Ltd. Warrant
NASDAQ:TBLAW
 		$1.33 Million
INVO Fertility, Inc.
NASDAQ:IVF
 		$1.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Red Hawk Mining Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 83,940,000 to 91,023,000, a change of 7,083,000 (8.4%).
  • Net loss of 9,698,000 reduced equity.
  • Share repurchases of 318,000 reduced equity.
  • New share issuances of 16,954,000 increased equity.
  • Other comprehensive income increased equity by 495,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-9.70 Million -10.65%
Share Repurchases AU$318.00K -0.35%
Share Issuances AU$16.95 Million +18.63%
Other Comprehensive Income AU$495.00K +0.54%
Other Changes AU$-350.00K -0.38%
Total Change AU$- 8.44%

Book Value vs Market Value Analysis

This analysis compares Red Hawk Mining Limited'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: 2.39x
  • 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 0.70x to 2.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-06-30 AU$1.72 AU$1.20 x
2002-06-30 AU$1.93 AU$1.20 x
2003-06-30 AU$1.25 AU$1.20 x
2004-06-30 AU$1.25 AU$1.20 x
2005-06-30 AU$0.98 AU$1.20 x
2006-06-30 AU$0.94 AU$1.20 x
2007-06-30 AU$0.63 AU$1.20 x
2008-06-30 AU$0.67 AU$1.20 x
2009-06-30 AU$0.87 AU$1.20 x
2010-06-30 AU$1.20 AU$1.20 x
2011-06-30 AU$1.00 AU$1.20 x
2012-06-30 AU$0.95 AU$1.20 x
2013-06-30 AU$0.80 AU$1.20 x
2014-06-30 AU$0.86 AU$1.20 x
2015-06-30 AU$0.44 AU$1.20 x
2016-06-30 AU$0.39 AU$1.20 x
2017-06-30 AU$0.44 AU$1.20 x
2018-06-30 AU$0.42 AU$1.20 x
2019-06-30 AU$0.40 AU$1.20 x
2020-06-30 AU$0.39 AU$1.20 x
2021-06-30 AU$0.44 AU$1.20 x
2022-06-30 AU$0.41 AU$1.20 x
2023-06-30 AU$0.48 AU$1.20 x
2024-06-30 AU$0.50 AU$1.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Red Hawk Mining Limited 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): -10.65%
  • 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: 1.04x
  • Recent ROE (-10.65%) is below the historical average (-9.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -2.29% -2994.63% 0.00x 1.01x AU$-642.93K
2002 -6.56% -299.93% 0.02x 1.03x AU$-779.61K
2003 -24.05% -1169.91% 0.02x 1.04x AU$-1.29 Million
2004 -11.25% -763.93% 0.01x 1.05x AU$-1.34 Million
2005 -14.55% -2591.72% 0.01x 1.02x AU$-1.62 Million
2006 1.01% 9.22% 0.11x 1.02x AU$-1.01 Million
2007 -0.07% -1.60% 0.04x 1.01x AU$-1.40 Million
2008 -4.15% -220.95% 0.02x 1.01x AU$-4.15 Million
2009 -8.38% 0.00% 0.00x 1.02x AU$-8.63 Million
2010 -9.84% -372.87% 0.03x 1.03x AU$-17.60 Million
2011 -9.79% -273.78% 0.03x 1.02x AU$-16.10 Million
2012 -6.41% -328.47% 0.02x 1.02x AU$-12.64 Million
2013 -19.24% 0.00% 0.00x 1.02x AU$-18.88 Million
2014 -6.30% 0.00% 0.00x 1.02x AU$-12.02 Million
2015 -58.24% -9142.53% 0.01x 1.01x AU$-34.20 Million
2016 -8.57% -4773.52% 0.00x 1.02x AU$-8.79 Million
2017 -3.86% -5265.12% 0.00x 1.02x AU$-8.13 Million
2018 -3.18% -1723.81% 0.00x 1.10x AU$-7.50 Million
2019 -9.18% -9767.86% 0.00x 1.06x AU$-11.43 Million
2020 -12.41% -47564.71% 0.00x 1.07x AU$-14.60 Million
2021 -4.54% -38688.89% 0.00x 1.11x AU$-11.15 Million
2022 -3.39% -15940.00% 0.00x 1.34x AU$-9.45 Million
2023 15.71% 0.00% 0.00x 1.03x AU$4.79 Million
2024 -10.65% 0.00% 0.00x 1.04x AU$-18.80 Million

Industry Comparison

This section compares Red Hawk Mining Limited'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
Red Hawk Mining Limited (RHK) AU$91.02 Million -2.29% 0.04x $1.33 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