Siren Gold Ltd
Siren Gold Limited, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia and New Zealand. It also explores for silver deposits. The company was incorporated in 2017 and is based in West Perth, Australia.
Siren Gold Ltd (SNG) - Net Assets
Latest net assets as of June 2025: AU$14.68 Million AUD
Based on the latest financial reports, Siren Gold Ltd (SNG) has net assets worth AU$14.68 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$14.90 Million) and total liabilities (AU$217.27K). 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$14.68 Million |
| % of Total Assets | 98.54% |
| Annual Growth Rate | 121.32% |
| 5-Year Change | 33.66% |
| 10-Year Change | N/A |
| Growth Volatility | 1176.59 |
Siren Gold Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Siren Gold 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 Siren Gold Ltd (2017–2024)
The table below shows the annual net assets of Siren Gold Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$14.08 Million | -24.98% |
| 2023-12-31 | AU$18.77 Million | +14.80% |
| 2022-12-31 | AU$16.35 Million | +19.81% |
| 2021-12-31 | AU$13.65 Million | +29.52% |
| 2020-12-31 | AU$10.54 Million | +3140.60% |
| 2019-12-31 | AU$325.15K | +6552.61% |
| 2018-12-31 | AU$-5.04K | -109.31% |
| 2017-12-31 | AU$54.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Siren Gold 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 1597855800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$29.76 Million | 211.29% |
| Other Comprehensive Income | AU$585.29K | 4.16% |
| Total Equity | AU$14.08 Million | 100.00% |
Siren Gold Ltd Competitors by Market Cap
The table below lists competitors of Siren Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tempore Properties SOCIMI SAU
MC:YTEM
|
$8.72 Million |
|
PARTNERS GRP HLDG N
MU:P2H
|
$8.72 Million |
|
I-Scream Edu Co.Ltd
KQ:289010
|
$8.72 Million |
|
Borges Agricultural & Industrial Nuts S.A.
MC:BAIN
|
$8.72 Million |
|
Emkay Global Financial Services Limited
NSE:EMKAY
|
$8.71 Million |
|
Tandy Leather Factory Inc
NASDAQ:TLF
|
$8.71 Million |
|
COSTCO WHSL (CTO.SG)
STU:CTO
|
$8.71 Million |
|
DelphX Capital Markets Inc
OTCQB:DPXCF
|
$8.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siren Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,771,435 to 14,082,938, a change of -4,688,497 (-25.0%).
- Net loss of 9,387,263 reduced equity.
- Share repurchases of 69,800 reduced equity.
- New share issuances of 4,050,770 increased equity.
- Other comprehensive income decreased equity by 28,578.
- Other factors increased equity by 746,374.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-9.39 Million | -66.66% |
| Share Repurchases | AU$69.80K | -0.5% |
| Share Issuances | AU$4.05 Million | +28.76% |
| Other Comprehensive Income | AU$-28.58K | -0.2% |
| Other Changes | AU$746.37K | +5.3% |
| Total Change | AU$- | -24.98% |
Book Value vs Market Value Analysis
This analysis compares Siren Gold 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: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 136.05x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.00 | AU$0.09 | x |
| 2018-12-31 | AU$0.00 | AU$0.09 | x |
| 2019-12-31 | AU$0.00 | AU$0.09 | x |
| 2020-12-31 | AU$0.13 | AU$0.09 | x |
| 2021-12-31 | AU$0.16 | AU$0.09 | x |
| 2022-12-31 | AU$0.16 | AU$0.09 | x |
| 2023-12-31 | AU$0.13 | AU$0.09 | x |
| 2024-12-31 | AU$0.07 | AU$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siren Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -66.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -895.91%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.01x
- Recent ROE (-66.66%) is above the historical average (-88.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -517.57% | -139356.22% | 0.00x | 1.79x | AU$-285.52K |
| 2018 | 0.00% | -196006.16% | 0.00x | 0.00x | AU$-795.28K |
| 2019 | -76.43% | -130802.11% | 0.00x | 1.49x | AU$-281.04K |
| 2020 | -13.50% | -33543.66% | 0.00x | 1.06x | AU$-2.48 Million |
| 2021 | -9.67% | -75414.17% | 0.00x | 1.05x | AU$-2.68 Million |
| 2022 | -10.43% | -19452.29% | 0.00x | 1.03x | AU$-3.34 Million |
| 2023 | -10.53% | -7723.93% | 0.00x | 1.03x | AU$-3.85 Million |
| 2024 | -66.66% | -895.91% | 0.07x | 1.01x | AU$-10.80 Million |
Industry Comparison
This section compares Siren Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siren Gold Ltd (SNG) | AU$14.68 Million | -517.57% | 0.01x | $8.71 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |