S2 Resources Ltd
S2 Resources Ltd engages in the exploration and evaluation of mineral properties in Australia and Finland. It primarily explores for gold, nickel, copper, base metals, palladium, and platinum-group elements deposits. S2 Resources Ltd was incorporated in 2015 and is based in Darch, Australia.
S2 Resources Ltd (S2R) - Net Assets
Latest net assets as of June 2025: AU$9.12 Million AUD
Based on the latest financial reports, S2 Resources Ltd (S2R) has net assets worth AU$9.12 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$10.07 Million) and total liabilities (AU$948.84K). 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$9.12 Million |
| % of Total Assets | 90.58% |
| Annual Growth Rate | -7.78% |
| 5-Year Change | -41.68% |
| 10-Year Change | N/A |
| Growth Volatility | 32.77 |
S2 Resources Ltd - Net Assets Trend (2016–2025)
This chart illustrates how S2 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 S2 Resources Ltd (2016–2025)
The table below shows the annual net assets of S2 Resources Ltd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$9.12 Million | +12.73% |
| 2024-06-30 | AU$8.09 Million | -8.91% |
| 2023-06-30 | AU$8.88 Million | -10.65% |
| 2022-06-30 | AU$9.94 Million | -36.44% |
| 2021-06-30 | AU$15.64 Million | +66.75% |
| 2020-06-30 | AU$9.38 Million | -41.50% |
| 2019-06-30 | AU$16.03 Million | -35.35% |
| 2018-06-30 | AU$24.79 Million | +5.73% |
| 2017-06-30 | AU$23.45 Million | +24.11% |
| 2016-06-30 | AU$18.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to S2 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 6161641600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$81.35 Million | 892.06% |
| Other Comprehensive Income | AU$1.88 Million | 20.56% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$9.12 Million | 100.00% |
S2 Resources Ltd Competitors by Market Cap
The table below lists competitors of S2 Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baumer S.A
SA:BALM3
|
$14.88 Million |
|
Tayih Lun An Co Ltd
TWO:8107
|
$14.88 Million |
|
Telefield Inc
KQ:091440
|
$14.88 Million |
|
FAIR ISAAC
BE:FRI
|
$14.89 Million |
|
Friendly Hills Bancorp
PINK:FPBC
|
$14.87 Million |
|
Kiriacoulis Mediterranean Cruises Shipping S.A.
AT:KYRI
|
$14.87 Million |
|
Aiji net
KQ:462980
|
$14.86 Million |
|
Lamor Corporation Oyj
HE:LAMOR
|
$14.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S2 Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,089,045 to 9,119,169, a change of 1,030,124 (12.7%).
- Net loss of 2,589,312 reduced equity.
- Share repurchases of 160,168 reduced equity.
- New share issuances of 2,890,000 increased equity.
- Other comprehensive income decreased equity by 507,353.
- Other factors increased equity by 1,396,957.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.59 Million | -28.39% |
| Share Repurchases | AU$160.17K | -1.76% |
| Share Issuances | AU$2.89 Million | +31.69% |
| Other Comprehensive Income | AU$-507.35K | -5.56% |
| Other Changes | AU$1.40 Million | +15.32% |
| Total Change | AU$- | 12.73% |
Book Value vs Market Value Analysis
This analysis compares S2 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: 3.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.55x to 3.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | AU$0.12 | AU$0.07 | x |
| 2016-06-30 | AU$0.09 | AU$0.07 | x |
| 2017-06-30 | AU$0.10 | AU$0.07 | x |
| 2018-06-30 | AU$0.10 | AU$0.07 | x |
| 2019-06-30 | AU$0.06 | AU$0.07 | x |
| 2020-06-30 | AU$0.04 | AU$0.07 | x |
| 2021-06-30 | AU$0.05 | AU$0.07 | x |
| 2022-06-30 | AU$0.03 | AU$0.07 | x |
| 2023-06-30 | AU$0.02 | AU$0.07 | x |
| 2024-06-30 | AU$0.02 | AU$0.07 | x |
| 2025-06-30 | AU$0.02 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S2 Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -28.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1283.90%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.10x
- Recent ROE (-28.39%) is above the historical average (-56.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -57.28% | -2802.71% | 0.02x | 1.06x | AU$-12.71 Million |
| 2017 | -42.73% | -2338.75% | 0.02x | 1.03x | AU$-12.37 Million |
| 2018 | -6.75% | -782.56% | 0.01x | 1.02x | AU$-4.15 Million |
| 2019 | -51.71% | -5274.56% | 0.01x | 1.05x | AU$-9.89 Million |
| 2020 | -79.72% | -10024.20% | 0.01x | 1.06x | AU$-8.41 Million |
| 2021 | -46.27% | -12846.55% | 0.00x | 1.07x | AU$-8.80 Million |
| 2022 | -74.11% | -4412.88% | 0.02x | 1.06x | AU$-8.36 Million |
| 2023 | -76.07% | -5214.56% | 0.01x | 1.09x | AU$-7.64 Million |
| 2024 | -101.26% | -1746.27% | 0.05x | 1.11x | AU$-9.00 Million |
| 2025 | -28.39% | -1283.90% | 0.02x | 1.10x | AU$-3.50 Million |
Industry Comparison
This section compares S2 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 |
|---|---|---|---|---|
| S2 Resources Ltd (S2R) | AU$9.12 Million | -57.28% | 0.10x | $14.88 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 |