Sunshine Metals Ltd
Sunshine Metals Limited engages in the exploration and development of mineral projects in Australia. The company explores for copper, gold, zinc, lead, and silver, as well as molybdenite and base metal deposits. It holds 100% interest in the Ravenswood Consolidated Project, which covers approximately 1,760 square kilometers located in Townsville, Australia. The company was formerly known as Sunsh… Read more
Sunshine Metals Ltd (SHN) - Net Assets
Latest net assets as of December 2025: AU$21.16 Million AUD
Based on the latest financial reports, Sunshine Metals Ltd (SHN) has net assets worth AU$21.16 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$23.59 Million) and total liabilities (AU$2.43 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$21.16 Million |
| % of Total Assets | 89.69% |
| Annual Growth Rate | 5.4% |
| 5-Year Change | 120.43% |
| 10-Year Change | 947.13% |
| Growth Volatility | 73.73 |
Sunshine Metals Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Sunshine Metals 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 Sunshine Metals Ltd (2002–2025)
The table below shows the annual net assets of Sunshine Metals Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$15.48 Million | +5.21% |
| 2024-06-30 | AU$14.71 Million | +0.60% |
| 2023-06-30 | AU$14.62 Million | +27.66% |
| 2022-06-30 | AU$11.45 Million | +63.14% |
| 2021-06-30 | AU$7.02 Million | +96.93% |
| 2020-06-30 | AU$3.57 Million | +27.43% |
| 2019-06-30 | AU$2.80 Million | -33.63% |
| 2018-06-30 | AU$4.22 Million | +323.70% |
| 2017-06-30 | AU$994.99K | -32.68% |
| 2016-06-30 | AU$1.48 Million | -16.59% |
| 2015-06-30 | AU$1.77 Million | -30.80% |
| 2014-06-30 | AU$2.56 Million | -41.68% |
| 2013-06-30 | AU$4.39 Million | +13.28% |
| 2012-06-30 | AU$3.88 Million | -29.58% |
| 2011-06-30 | AU$5.50 Million | +71.63% |
| 2010-06-30 | AU$3.21 Million | +19.92% |
| 2009-06-30 | AU$2.67 Million | -8.50% |
| 2008-06-30 | AU$2.92 Million | -7.90% |
| 2007-06-30 | AU$3.17 Million | +8.94% |
| 2006-06-30 | AU$2.91 Million | -18.22% |
| 2005-06-30 | AU$3.56 Million | -2.89% |
| 2004-06-30 | AU$3.67 Million | +3.63% |
| 2003-06-30 | AU$3.54 Million | -23.38% |
| 2002-06-30 | AU$4.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunshine Metals 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 2782996300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$38.36 Million | 247.84% |
| Other Comprehensive Income | AU$5.01 Million | 32.36% |
| Total Equity | AU$15.48 Million | 100.00% |
Sunshine Metals Ltd Competitors by Market Cap
The table below lists competitors of Sunshine Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clipan Finance Indonesia Tbk
JK:CFIN
|
$38.73 Million |
|
Astron Corporation Ltd
AU:ATR
|
$38.74 Million |
|
Vertiseit AB Series B
ST:VERT-B
|
$38.74 Million |
|
Inzi Controls
KO:023800
|
$38.74 Million |
|
Pierce Group AB
ST:PIERCE
|
$38.72 Million |
|
Awale Resources Ltd
V:ARIC
|
$38.72 Million |
|
Sherritt International Corporation
PINK:SHERF
|
$38.71 Million |
|
Heng Leasing & Capital PCL
BK:HENG
|
$38.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunshine Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,710,483 to 15,477,410, a change of 766,927 (5.2%).
- Net loss of 2,271,180 reduced equity.
- Share repurchases of 3,000,000 reduced equity.
- Other comprehensive income increased equity by 243,665.
- Other factors increased equity by 5,794,442.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.27 Million | -14.67% |
| Share Repurchases | AU$3.00 Million | -19.38% |
| Other Comprehensive Income | AU$243.66K | +1.57% |
| Other Changes | AU$5.79 Million | +37.44% |
| Total Change | AU$- | 5.21% |
Book Value vs Market Value Analysis
This analysis compares Sunshine Metals 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: 3.84x
- 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 0.21x to 3.84x 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$0.17 | AU$0.04 | x |
| 2002-06-30 | AU$0.25 | AU$0.04 | x |
| 2003-06-30 | AU$0.11 | AU$0.04 | x |
| 2004-06-30 | AU$0.10 | AU$0.04 | x |
| 2005-06-30 | AU$0.07 | AU$0.04 | x |
| 2006-06-30 | AU$0.05 | AU$0.04 | x |
| 2007-06-30 | AU$0.04 | AU$0.04 | x |
| 2008-06-30 | AU$0.04 | AU$0.04 | x |
| 2009-06-30 | AU$0.04 | AU$0.04 | x |
| 2010-06-30 | AU$0.04 | AU$0.04 | x |
| 2011-06-30 | AU$0.05 | AU$0.04 | x |
| 2012-06-30 | AU$0.03 | AU$0.04 | x |
| 2013-06-30 | AU$0.03 | AU$0.04 | x |
| 2014-06-30 | AU$0.02 | AU$0.04 | x |
| 2015-06-30 | AU$0.02 | AU$0.04 | x |
| 2016-06-30 | AU$0.01 | AU$0.04 | x |
| 2017-06-30 | AU$0.01 | AU$0.04 | x |
| 2018-06-30 | AU$0.02 | AU$0.04 | x |
| 2019-06-30 | AU$0.02 | AU$0.04 | x |
| 2020-06-30 | AU$0.01 | AU$0.04 | x |
| 2021-06-30 | AU$0.02 | AU$0.04 | x |
| 2022-06-30 | AU$0.02 | AU$0.04 | x |
| 2023-06-30 | AU$0.02 | AU$0.04 | x |
| 2024-06-30 | AU$0.03 | AU$0.04 | x |
| 2025-06-30 | AU$0.01 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunshine Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6188.50%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (-14.67%) is above the historical average (-17.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -0.23% | -5605.00% | 0.00x | 1.02x | AU$-504.37K |
| 2002 | -0.02% | 0.00% | 0.00x | 1.04x | AU$-452.19K |
| 2003 | 0.05% | 207.42% | 0.00x | 1.05x | AU$-341.88K |
| 2004 | 0.03% | 104.23% | 0.00x | 1.07x | AU$-355.28K |
| 2005 | 0.01% | 1200.00% | 0.00x | 1.08x | AU$-345.57K |
| 2006 | -51.51% | 0.00% | 0.00x | 1.35x | AU$-1.81 Million |
| 2007 | 5.25% | 6291.27% | 0.00x | 1.42x | AU$-147.47K |
| 2008 | -30.20% | 0.00% | 0.00x | 1.56x | AU$-1.15 Million |
| 2009 | -22.69% | 0.00% | 0.00x | 1.62x | AU$-860.11K |
| 2010 | -27.30% | 0.00% | 0.00x | 1.70x | AU$-1.18 Million |
| 2011 | -18.32% | 0.00% | 0.00x | 1.28x | AU$-1.54 Million |
| 2012 | -65.87% | 0.00% | 0.00x | 1.32x | AU$-2.96 Million |
| 2013 | 13.41% | 49.55% | 0.23x | 1.16x | AU$164.32K |
| 2014 | -42.24% | -134.78% | 0.28x | 1.12x | AU$-1.76 Million |
| 2015 | -55.24% | -146.89% | 0.26x | 1.43x | AU$-1.68 Million |
| 2016 | -18.48% | -376.43% | 0.03x | 1.90x | AU$-653.46K |
| 2017 | -24.48% | -2139.18% | 0.01x | 2.04x | AU$-631.84K |
| 2018 | 63.84% | 16996.84% | 0.00x | 1.36x | AU$2.72 Million |
| 2019 | -52.58% | -3635.08% | 0.01x | 1.55x | AU$-2.27 Million |
| 2020 | 0.60% | 45.63% | 0.01x | 1.02x | AU$-334.99K |
| 2021 | -15.17% | -6533.74% | 0.00x | 1.03x | AU$-1.77 Million |
| 2022 | -14.55% | -28111.30% | 0.00x | 1.09x | AU$-2.81 Million |
| 2023 | -23.87% | 0.00% | 0.00x | 1.14x | AU$-4.95 Million |
| 2024 | -47.10% | -51287.93% | 0.00x | 1.18x | AU$-8.40 Million |
| 2025 | -14.67% | -6188.50% | 0.00x | 1.17x | AU$-3.82 Million |
Industry Comparison
This section compares Sunshine Metals 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 |
|---|---|---|---|---|
| Sunshine Metals Ltd (SHN) | AU$21.16 Million | -0.23% | 0.11x | $38.72 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 |