Sun Silver Ltd
Sun Silver Limited engages in the mineral exploration business. The company explores for silver and gold deposits. It holds interest in the Maverick Springs project comprised of 80 unpatented lode mining claims that covers 4,800 acres located at southeast of the town of Elko, Nevada. The company was formerly known as Green Power Minerals Pty Ltd and changed its name to Sun Silver Limited in March… Read more
Sun Silver Ltd (SS1) - Net Assets
Latest net assets as of June 2025: AU$23.11 Million AUD
Based on the latest financial reports, Sun Silver Ltd (SS1) has net assets worth AU$23.11 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$24.82 Million) and total liabilities (AU$1.71 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$23.11 Million |
| % of Total Assets | 93.12% |
| Annual Growth Rate | 6399.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sun Silver Ltd - Net Assets Trend (2023–2024)
This chart illustrates how Sun Silver 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 Sun Silver Ltd (2023–2024)
The table below shows the annual net assets of Sun Silver Ltd from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$23.90 Million | +6455.45% |
| 2023-12-31 | AU$364.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sun Silver 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 226533900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.11 Million | 109.24% |
| Other Comprehensive Income | AU$424.77K | 1.78% |
| Total Equity | AU$23.90 Million | 100.00% |
Sun Silver Ltd Competitors by Market Cap
The table below lists competitors of Sun Silver Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gan Ltd
NASDAQ:GAN
|
$82.24 Million |
|
Industri Dan Perdagangan Bintraco Dharma Tbk PT
JK:CARS
|
$82.24 Million |
|
Stille AB
ST:STIL
|
$82.32 Million |
|
Sotherly Hotels Inc Series B Pref
NASDAQ:SOHOB
|
$82.34 Million |
|
Malaga Financial Corporation
PINK:MLGF
|
$82.17 Million |
|
MORELD AS
OL:MORLD
|
$82.08 Million |
|
United Bankers Oyj
HE:UNITED
|
$82.07 Million |
|
KPS Corporation
KQ:256940
|
$82.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Silver Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 364,580 to 23,899,854, a change of 23,535,274 (6455.4%).
- Net loss of 2,265,343 reduced equity.
- Share repurchases of 1,911,285 reduced equity.
- New share issuances of 26,201,500 increased equity.
- Other comprehensive income increased equity by 424,774.
- Other factors increased equity by 1,085,628.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.27 Million | -9.48% |
| Share Repurchases | AU$1.91 Million | -8.0% |
| Share Issuances | AU$26.20 Million | +109.63% |
| Other Comprehensive Income | AU$424.77K | +1.78% |
| Other Changes | AU$1.09 Million | +4.54% |
| Total Change | AU$- | 6455.45% |
Book Value vs Market Value Analysis
This analysis compares Sun Silver 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: 9.24x
- 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 decreased from 522.76x to 9.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | AU$0.00 | AU$1.53 | x |
| 2024-12-31 | AU$0.17 | AU$1.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Silver Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1252.75%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (-9.48%) is above the historical average (-55.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -101.16% | 0.00% | 0.00x | 1.09x | AU$-405.27K |
| 2024 | -9.48% | -1252.75% | 0.01x | 1.01x | AU$-4.66 Million |
Industry Comparison
This section compares Sun Silver Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Silver Ltd (SS1) | AU$23.11 Million | -101.16% | 0.07x | $82.21 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |