VHM Ltd
VHM Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for rare earths and zircon-titania deposits, as well as mineral sands. The company's flagship project is the Goschen project located in the Loddon-Mallee Region of Victoria. The company was formerly known as VHM Exploration Limited and changed its name to VHM Limited in November 2018. … Read more
VHM Ltd (VHM) - Net Assets
Latest net assets as of June 2025: AU$64.14 Million AUD
Based on the latest financial reports, VHM Ltd (VHM) has net assets worth AU$64.14 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$74.45 Million) and total liabilities (AU$10.31 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$64.14 Million |
| % of Total Assets | 86.15% |
| Annual Growth Rate | 37.63% |
| 5-Year Change | 164.13% |
| 10-Year Change | N/A |
| Growth Volatility | 110.71 |
VHM Ltd - Net Assets Trend (2020–2025)
This chart illustrates how VHM 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 VHM Ltd (2020–2025)
The table below shows the annual net assets of VHM Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$64.14 Million | +9.87% |
| 2024-06-30 | AU$58.38 Million | -9.85% |
| 2023-06-30 | AU$64.76 Million | +273.36% |
| 2022-06-30 | AU$17.34 Million | -28.57% |
| 2021-06-30 | AU$24.28 Million | +86.90% |
| 2020-06-30 | AU$12.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VHM 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 4681179300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$123.38 Million | 192.35% |
| Other Comprehensive Income | AU$1.84 Million | 2.86% |
| Total Equity | AU$64.14 Million | 100.00% |
VHM Ltd Competitors by Market Cap
The table below lists competitors of VHM Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roadzen Inc.
NASDAQ:RDZN
|
$42.79 Million |
|
Mobix Labs Inc
NASDAQ:MOBX
|
$42.80 Million |
|
Sungmoon Electronics Co Ltd
KO:014915
|
$42.80 Million |
|
Graphene Manufacturing Group Ltd
OTCQX:GMGMF
|
$42.81 Million |
|
PT J Resources Asia Pasifik Tbk
F:J5R
|
$42.78 Million |
|
180 Degree Capital Corp
NASDAQ:TURN
|
$42.76 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$42.75 Million |
|
CHANJET INFO.TECHN.-H-YC1
F:C7D
|
$42.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VHM Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 58,381,000 to 64,141,000, a change of 5,760,000 (9.9%).
- Net loss of 6,429,000 reduced equity.
- Share repurchases of 613,000 reduced equity.
- Other comprehensive income decreased equity by 2,515,000.
- Other factors increased equity by 15,317,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.43 Million | -10.02% |
| Share Repurchases | AU$613.00K | -0.96% |
| Other Comprehensive Income | AU$-2.52 Million | -3.92% |
| Other Changes | AU$15.32 Million | +23.88% |
| Total Change | AU$- | 9.87% |
Book Value vs Market Value Analysis
This analysis compares VHM 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: 1.23x
- 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 3.34x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | AU$0.11 | AU$0.36 | x |
| 2021-06-30 | AU$0.20 | AU$0.36 | x |
| 2022-06-30 | AU$0.13 | AU$0.36 | x |
| 2023-06-30 | AU$0.38 | AU$0.36 | x |
| 2024-06-30 | AU$0.29 | AU$0.36 | x |
| 2025-06-30 | AU$0.29 | AU$0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VHM Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -128580.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-10.02%) is above the historical average (-30.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -55.80% | 0.00% | 0.00x | 1.84x | AU$-8.55 Million |
| 2021 | -27.14% | 0.00% | 0.00x | 1.61x | AU$-9.02 Million |
| 2022 | -52.75% | 0.00% | 0.00x | 3.65x | AU$-10.88 Million |
| 2023 | -27.67% | -16287.27% | 0.00x | 1.22x | AU$-24.39 Million |
| 2024 | -12.24% | -31069.57% | 0.00x | 1.20x | AU$-12.98 Million |
| 2025 | -10.02% | -128580.00% | 0.00x | 1.16x | AU$-12.84 Million |
Industry Comparison
This section compares VHM Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VHM Ltd (VHM) | AU$64.14 Million | -55.80% | 0.16x | $42.79 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |