TG Metals Ltd
TG Metals Limited engages in the discovery, exploration, and development of mineral deposits in Western Australia. The company explores for lithium and gold deposits. Its flagship project comprises the Lake Johnston project that includes a tenement area of approximately 414 square kilometers located in the Goldfields-Esperance region of Western Australia. TG Metals Limited was incorporated in 202… Read more
TG Metals Ltd (TG6) - Net Assets
Latest net assets as of June 2025: AU$12.37 Million AUD
Based on the latest financial reports, TG Metals Ltd (TG6) has net assets worth AU$12.37 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$13.80 Million) and total liabilities (AU$1.42 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$12.37 Million |
| % of Total Assets | 89.68% |
| Annual Growth Rate | 130.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 542.05 |
TG Metals Ltd - Net Assets Trend (2020–2024)
This chart illustrates how TG 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 TG Metals Ltd (2020–2024)
The table below shows the annual net assets of TG Metals Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$12.37 Million | -5.02% |
| 2023-12-31 | AU$13.03 Million | +155.71% |
| 2022-12-31 | AU$5.09 Million | -16.56% |
| 2021-12-31 | AU$6.11 Million | +1286.60% |
| 2020-12-31 | AU$440.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TG 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 592487800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$17.12 Million | 138.35% |
| Other Comprehensive Income | AU$1.22 Million | 9.87% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$12.37 Million | 100.00% |
TG Metals Ltd Competitors by Market Cap
The table below lists competitors of TG Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SFD SA ZY -10
F:7PQ
|
$5.52 Million |
|
Multibax Public Company Limited
BK:MBAX
|
$5.52 Million |
|
Generative AI Solutions Corp.
OTCMKTS:AICOF
|
$5.52 Million |
|
Excite Technology Services Ltd
AU:EXT
|
$5.52 Million |
|
WAESTBYGG GRUPPEN AB SE.B
F:WAA
|
$5.52 Million |
|
XTGlobal Infotech Limited
NSE:XTGLOBAL
|
$5.52 Million |
|
Porn Prom Metal Public Company Limited
BK:PPM
|
$5.51 Million |
|
TEN Holdings, Inc. Common Stock
NASDAQ:XHLD
|
$5.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TG Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,027,554 to 12,373,340, a change of -654,214 (-5.0%).
- Net loss of 1,418,500 reduced equity.
- Other comprehensive income decreased equity by 1,608,949.
- Other factors increased equity by 2,373,235.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.42 Million | -11.46% |
| Other Comprehensive Income | AU$-1.61 Million | -13.0% |
| Other Changes | AU$2.37 Million | +19.18% |
| Total Change | AU$- | -5.02% |
Book Value vs Market Value Analysis
This analysis compares TG 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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 1.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | AU$14.73 | AU$0.17 | x |
| 2021-12-31 | AU$234.69 | AU$0.17 | x |
| 2022-12-31 | AU$88.88 | AU$0.17 | x |
| 2023-12-31 | AU$183.35 | AU$0.17 | x |
| 2024-12-31 | AU$0.17 | AU$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TG Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -235.78%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.12x
- Recent ROE (-11.46%) is above the historical average (-19.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -12.71% | 0.00% | 0.00x | 1.04x | AU$-100.00K |
| 2021 | -33.19% | 0.00% | 0.00x | 1.02x | AU$-2.64 Million |
| 2022 | -23.82% | 0.00% | 0.00x | 1.04x | AU$-1.72 Million |
| 2023 | -17.46% | -5291.16% | 0.00x | 1.08x | AU$-3.58 Million |
| 2024 | -11.46% | -235.78% | 0.04x | 1.12x | AU$-2.66 Million |
Industry Comparison
This section compares TG Metals 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 |
|---|---|---|---|---|
| TG Metals Ltd (TG6) | AU$12.37 Million | -12.71% | 0.12x | $5.52 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 |