Timah Resources Ltd (TML) - Net Assets

Latest as of December 2025: AU$7.29 Million AUD ≈ $5.16 Million USD

Based on the latest financial reports, Timah Resources Ltd (TML) has net assets worth AU$7.29 Million AUD (≈ $5.16 Million USD) 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 ≈ $12.42 Million USD) and total liabilities (AU$10.26 Million ≈ $7.26 Million USD). 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. Check Timah Resources Ltd (TML) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Timah Resources Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see TML company net worth.

Year	Net Assets	Change
2025-12-31	AU$7.29 Million ≈ $5.16 Million	-62.48%
2024-12-31	AU$19.43 Million ≈ $13.74 Million	+164.72%
2023-12-31	AU$7.34 Million ≈ $5.19 Million	-6.43%
2022-12-31	AU$7.84 Million ≈ $5.55 Million	-8.27%
2021-12-31	AU$8.55 Million ≈ $6.05 Million	+2.76%
2020-12-31	AU$8.32 Million ≈ $5.89 Million	+136.83%
2019-12-31	AU$3.51 Million ≈ $2.49 Million	-47.29%
2018-12-31	AU$6.66 Million ≈ $4.72 Million	+24.79%
2017-12-31	AU$5.34 Million ≈ $3.78 Million	+10.49%
2016-12-31	AU$4.83 Million ≈ $3.42 Million	-68.64%
2015-12-31	AU$15.41 Million ≈ $10.90 Million	+109.26%
2015-06-30	AU$7.37 Million ≈ $5.21 Million	+83.04%
2014-12-31	AU$4.02 Million ≈ $2.85 Million	+1534.83%
2013-12-31	AU$-280.43K ≈ $-198.42K	--

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
Colabor Group Inc. TO:GCL	$2.95 Million
Universal Biosensors Inc AU:UBI	$2.95 Million
8I Holdings Ltd AU:8IH	$2.96 Million
MacDonald Mines Exploration Ltd V:BMK	$2.96 Million
Constellation Technologies Ltd AU:CT1	$2.95 Million
Eguana Technologies Inc V:EGT	$2.94 Million
Rocky Mountain Liquor Inc V:RUM	$2.94 Million
Damon Inc. Common Stock NASDAQ:DMN	$2.94 Million

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: $682,613,609
Average return on equity (ROE) among peers: -66.93%

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	$2.95 Million
Botala Energy Ltd (BTE)	$2.45 Million	-3.94%	0.18x	$15.24 Million
Carnegie Clean Energy Ltd (CCE)	$2.30 Million	-93.56%	0.05x	$17.60 Million
Delorean Corporation Ltd (DEL)	$2.17 Million	-461.97%	7.26x	$14.03 Million
Frontier Energy Ltd (FHE)	$81.27 Million	-22.31%	0.03x	$107.48 Million
Green Critical Minerals Ltd (GCM)	$8.49 Million	-6.72%	0.03x	$30.55 Million
Janus Electric Holdings Ltd (JNS)	$2.70 Million	-43.33%	0.27x	$16.97 Million
LGI Ltd (LGI)	$52.80 Million	12.64%	0.68x	$255.44 Million
Meridian Energy Ltd (MEZ)	$5.99 Billion	1.59%	0.67x	$8.87 Billion
Volt Power Group Ltd (VPR)	$4.35 Million	15.27%	0.33x	$17.95 Million

About Timah Resources Ltd

AU:TML Australia Utilities - Renewable

Market Cap

$2.95 Million

AU$4.17 Million AUD

Market Cap Rank

#29230 Global

#1705 in Australia

Share Price

AU$0.05

Change (1 day)

+0.00%

52-Week Range

AU$0.02 - AU$0.05

All Time High

AU$0.09