Timah Resources Ltd
Timah Resources Limited, through its subsidiary, engages in the generation of renewable energy in Australia and Malaysia. The company produces power from palm oil mill effluent. It also owns and operates a biogas power plant with approximately 4.0 megawatts located in Sabah, Malaysia. Timah Resources Limited was incorporated in 2007 and is based in Sandakan, Malaysia. Timah Resources Limited is a… Read more
Timah Resources Ltd (TML) - Net Assets
Latest net assets as of December 2025: AU$7.29 Million AUD
Based on the latest financial reports, Timah Resources Ltd (TML) has net assets worth AU$7.29 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$17.55 Million) and total liabilities (AU$10.26 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$7.29 Million |
| % of Total Assets | 41.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | -14.75% |
| 10-Year Change | 50.78% |
| Growth Volatility | 74.62 |
Timah Resources Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Timah Resources 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 Timah Resources Ltd (2013–2025)
The table below shows the annual net assets of Timah Resources Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$7.29 Million | -62.48% |
| 2024-12-31 | AU$19.43 Million | +164.72% |
| 2023-12-31 | AU$7.34 Million | -6.43% |
| 2022-12-31 | AU$7.84 Million | -8.27% |
| 2021-12-31 | AU$8.55 Million | +2.76% |
| 2020-12-31 | AU$8.32 Million | +136.83% |
| 2019-12-31 | AU$3.51 Million | -47.29% |
| 2018-12-31 | AU$6.66 Million | +24.79% |
| 2017-12-31 | AU$5.34 Million | +10.49% |
| 2016-12-31 | AU$4.83 Million | -68.64% |
| 2015-12-31 | AU$15.41 Million | +109.26% |
| 2015-06-30 | AU$7.37 Million | +83.04% |
| 2014-12-31 | AU$4.02 Million | +1534.83% |
| 2013-12-31 | AU$-280.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Timah Resources 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 939891200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$17.00 Million | 236.38% |
| Other Comprehensive Income | AU$-40.65K | -0.57% |
| Total Equity | AU$7.19 Million | 100.00% |
Timah Resources Ltd Competitors by Market Cap
The table below lists competitors of Timah Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OEKOWORLD AG
STU:VVV3
|
$262.57K |
|
MEVIS MEDSOL N
MU:M3V
|
$262.75K |
|
Sydinv Formue Offensiv Akk A
CO:SYVFOAKKA
|
$262.82K |
|
Elspec
TA:ELSPC
|
$263.13K |
|
SEAWLD ENT
MU:W2L
|
$262.30K |
|
GDXB39
SA:GDXB39
|
$262.07K |
|
Marquette National Corp
OTCQX:MNAT
|
$262.03K |
|
VERICEL (ATQP.SG)
STU:ATQP
|
$261.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Timah Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,425,000 to 7,189,742, a change of -12,235,258 (-63.0%).
- Net income of 12,313 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,001.
- Other factors decreased equity by 12,245,570.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$12.31K | +0.17% |
| Other Comprehensive Income | AU$-2.00K | -0.03% |
| Other Changes | AU$-12.25 Million | -170.32% |
| Total Change | AU$- | -62.99% |
Book Value vs Market Value Analysis
This analysis compares Timah Resources 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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | AU$-1.12 | AU$0.05 | x |
| 2014-12-31 | AU$0.40 | AU$0.05 | x |
| 2015-12-31 | AU$0.19 | AU$0.05 | x |
| 2016-12-31 | AU$0.05 | AU$0.05 | x |
| 2017-12-31 | AU$0.06 | AU$0.05 | x |
| 2018-12-31 | AU$0.21 | AU$0.05 | x |
| 2019-12-31 | AU$0.04 | AU$0.05 | x |
| 2020-12-31 | AU$0.09 | AU$0.05 | x |
| 2021-12-31 | AU$0.09 | AU$0.05 | x |
| 2022-12-31 | AU$0.09 | AU$0.05 | x |
| 2023-12-31 | AU$0.08 | AU$0.05 | x |
| 2024-12-31 | AU$0.22 | AU$0.05 | x |
| 2025-12-31 | AU$0.08 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Timah Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.52%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.44x
- Recent ROE (0.17%) is above the historical average (-6.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -147.87% | 0.02x | 0.00x | AU$-192.83K |
| 2014 | -1.50% | -3.37% | 0.17x | 2.70x | AU$-462.90K |
| 2015 | 2.69% | 1.08% | 0.65x | 3.80x | AU$-538.50K |
| 2015 | -94.61% | -68.56% | 0.42x | 3.25x | AU$-16.12 Million |
| 2016 | -0.36% | -0.41% | 0.22x | 4.00x | AU$-500.67K |
| 2017 | 3.44% | 12.63% | 0.07x | 4.06x | AU$-350.36K |
| 2018 | 18.92% | 24.84% | 0.53x | 1.44x | AU$1.73 Million |
| 2019 | 0.56% | 1.18% | 0.07x | 6.79x | AU$-331.49K |
| 2020 | -0.73% | -1.77% | 0.16x | 2.59x | AU$-892.81K |
| 2021 | 1.35% | 4.08% | 0.13x | 2.46x | AU$-739.84K |
| 2022 | -9.34% | -27.29% | 0.14x | 2.51x | AU$-1.52 Million |
| 2023 | 1.89% | 4.93% | 0.16x | 2.35x | AU$-595.35K |
| 2024 | -18.11% | -38.65% | 0.18x | 2.56x | AU$-5.46 Million |
| 2025 | 0.17% | 0.52% | 0.14x | 2.44x | AU$-706.66K |
Industry Comparison
This section compares Timah Resources Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,009,556,960
- Average return on equity (ROE) among peers: -1439.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Timah Resources Ltd (TML) | AU$7.29 Million | 0.00% | 1.41x | $262.36K |
| Botala Energy Ltd (BTE) | $16.52 Million | -12173.22% | 0.09x | $2.55 Million |
| Contact Energy Ltd (CEN) | $2.99 Billion | 4.82% | 0.47x | $4.29 Billion |
| Delorean Corporation Ltd (DEL) | $7.85 Million | -83.44% | 5.15x | $5.95 Million |
| Frontier Energy Ltd (FHE) | $225.36K | -606.12% | 0.67x | $47.63 Million |
| Green Critical Minerals Ltd (GCM) | $18.71 Million | -14.80% | 0.03x | $15.91 Million |
| Janus Electric Holdings Ltd (JNS) | $11.70 Million | -56.37% | 0.27x | $384.47K |
| LGI Ltd (LGI) | $52.80 Million | 12.64% | 0.68x | $97.91 Million |
| Meridian Energy Ltd (MEZ) | $5.99 Billion | 1.59% | 0.67x | $3.55 Billion |
| Renu Energy Ltd (RNE) | $2.70 Million | -43.33% | 0.27x | $5.48K |