South HARZ Potash Ltd
South Harz Potash Limited engages in the development of potash mining projects in Germany. The company primarily explores potash deposits. Its flagship project Ohmgebirge north-western extent of the South Harz sedimentary basin approximately 30km west of Sondershausen and 65km northwest of the state capital, Erfurt in Germany. The company was formerly known as Davenport Resources Limited and chan… Read more
South HARZ Potash Ltd (SHP) - Net Assets
Latest net assets as of June 2025: AU$782.12K AUD
Based on the latest financial reports, South HARZ Potash Ltd (SHP) has net assets worth AU$782.12K 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$2.91 Million) and total liabilities (AU$2.13 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$782.12K |
| % of Total Assets | 26.85% |
| Annual Growth Rate | 29.71% |
| 5-Year Change | -93.05% |
| 10-Year Change | -84.41% |
| Growth Volatility | 2562.71 |
South HARZ Potash Ltd - Net Assets Trend (2014–2024)
This chart illustrates how South HARZ Potash 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 South HARZ Potash Ltd (2014–2024)
The table below shows the annual net assets of South HARZ Potash Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$782.12K | +60.99% |
| 2023-12-31 | AU$485.82K | -85.67% |
| 2022-12-31 | AU$3.39 Million | -58.93% |
| 2021-12-31 | AU$8.25 Million | -26.63% |
| 2020-12-31 | AU$11.25 Million | +256.06% |
| 2019-12-31 | AU$3.16 Million | -13.25% |
| 2018-12-31 | AU$3.64 Million | +9.61% |
| 2017-12-31 | AU$3.32 Million | -25.29% |
| 2016-12-31 | AU$4.45 Million | -11.36% |
| 2015-12-31 | AU$5.02 Million | +8548.84% |
| 2014-12-31 | AU$58.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to South HARZ Potash 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 4434203600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$42.41 Million | 5423.06% |
| Other Comprehensive Income | AU$2.85 Million | 364.39% |
| Total Equity | AU$782.12K | 100.00% |
South HARZ Potash Ltd Competitors by Market Cap
The table below lists competitors of South HARZ Potash Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everlast Minerals Ltd.
AU:EV8
|
$1.39 Million |
|
Sky Tower Public Company Limited
BK:STOWER
|
$1.39 Million |
|
Avada Group Ltd
AU:AVD
|
$1.39 Million |
|
Warisan TC Holdings Bhd
KLSE:5016
|
$1.39 Million |
|
Khind Holdings Bhd
KLSE:7062
|
$1.39 Million |
|
Winchester Energy Ltd
AU:WEL
|
$1.39 Million |
|
Key Alliance Group Bhd
KLSE:0036
|
$1.39 Million |
|
Serrano Resources Ltd
PINK:MIRXF
|
$1.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in South HARZ Potash Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 485,816 to 782,119, a change of 296,303 (61.0%).
- Net loss of 3,123,920 reduced equity.
- Share repurchases of 2,977,660 reduced equity.
- Other comprehensive income increased equity by 391,369.
- Other factors increased equity by 6,006,514.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.12 Million | -399.42% |
| Share Repurchases | AU$2.98 Million | -380.72% |
| Other Comprehensive Income | AU$391.37K | +50.04% |
| Other Changes | AU$6.01 Million | +767.98% |
| Total Change | AU$- | 60.99% |
Book Value vs Market Value Analysis
This analysis compares South HARZ Potash 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: 32.03x
- 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 25.43x to 32.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | AU$0.00 | AU$0.03 | x |
| 2015-12-31 | AU$0.09 | AU$0.03 | x |
| 2016-12-31 | AU$0.03 | AU$0.03 | x |
| 2017-12-31 | AU$0.02 | AU$0.03 | x |
| 2018-12-31 | AU$0.01 | AU$0.03 | x |
| 2019-12-31 | AU$0.01 | AU$0.03 | x |
| 2020-12-31 | AU$0.02 | AU$0.03 | x |
| 2021-12-31 | AU$0.01 | AU$0.03 | x |
| 2022-12-31 | AU$0.00 | AU$0.03 | x |
| 2023-12-31 | AU$0.00 | AU$0.03 | x |
| 2024-12-31 | AU$0.00 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently South HARZ Potash Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -399.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -150914.01%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.72x
- Recent ROE (-399.42%) is below the historical average (-287.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -290.83% | 0.00% | 0.00x | 1.44x | AU$-174.49K |
| 2015 | 55.32% | 1110.09% | 0.04x | 1.17x | AU$2.27 Million |
| 2016 | -61.50% | -4934.66% | 0.01x | 1.09x | AU$-3.18 Million |
| 2017 | -42.71% | -1150.56% | 0.02x | 1.66x | AU$-1.75 Million |
| 2018 | -52.45% | -7071.20% | 0.01x | 1.05x | AU$-2.27 Million |
| 2019 | -60.91% | -310352.90% | 0.00x | 1.12x | AU$-2.24 Million |
| 2020 | -23.62% | -404624.48% | 0.00x | 1.17x | AU$-3.34 Million |
| 2021 | -143.71% | -6976224.12% | 0.00x | 1.11x | AU$-12.68 Million |
| 2022 | -255.41% | -1311598.64% | 0.00x | 1.40x | AU$-9.00 Million |
| 2023 | -1883.64% | -544703.51% | 0.00x | 5.31x | AU$-9.20 Million |
| 2024 | -399.42% | -150914.01% | 0.00x | 3.72x | AU$-3.20 Million |
Industry Comparison
This section compares South HARZ Potash 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 |
|---|---|---|---|---|
| South HARZ Potash Ltd (SHP) | AU$782.12K | -290.83% | 2.72x | $1.39 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 |