West Coast Silver Ltd
West Coast Silver Limited engages in mineral exploration and project development in Australia. The company explores for graphite, lithium, nickel, copper, gold, silver, and rare earth elements. It holds a 70% interest in the Elizabeth Hill Silver Project located in Western Australia. The company was incorporated in 2012 and is based in West Perth, Australia.
West Coast Silver Ltd (WCE) - Net Assets
Latest net assets as of June 2025: AU$649.35K AUD
Based on the latest financial reports, West Coast Silver Ltd (WCE) has net assets worth AU$649.35K 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$1.98 Million) and total liabilities (AU$1.33 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$649.35K |
| % of Total Assets | 32.78% |
| Annual Growth Rate | -33.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 80.81 |
West Coast Silver Ltd - Net Assets Trend (2021–2025)
This chart illustrates how West Coast 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 West Coast Silver Ltd (2021–2025)
The table below shows the annual net assets of West Coast Silver Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$649.35K | -69.22% |
| 2024-06-30 | AU$2.11 Million | +130.10% |
| 2023-06-30 | AU$916.80K | -63.30% |
| 2022-06-30 | AU$2.50 Million | -23.91% |
| 2021-06-30 | AU$3.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to West Coast 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 1027100600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$15.41 Million | 2373.04% |
| Total Equity | AU$649.35K | 100.00% |
West Coast Silver Ltd Competitors by Market Cap
The table below lists competitors of West Coast Silver Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Israel Canada
TA:ISCN
|
$20.40 Million |
|
P.C.S. Machine Group Holding Public Company Limited
BK:PCSGH
|
$20.40 Million |
|
VivoPower International PLC
NASDAQ:VVPR
|
$20.41 Million |
|
Bizim Toptan Satis Magazalari AS
IS:BIZIM
|
$20.41 Million |
|
Greenland Hong Kong Holdings Limited
F:QFRA
|
$20.39 Million |
|
Shane Global Holding Inc
TW:8482
|
$20.39 Million |
|
Finebesteel
KO:133820
|
$20.39 Million |
|
Artmarket.com SA
PA:PRC
|
$20.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West Coast Silver Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,109,540 to 649,350, a change of -1,460,190 (-69.2%).
- Net loss of 6,076,540 reduced equity.
- Other factors increased equity by 4,616,350.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.08 Million | -935.79% |
| Other Changes | AU$4.62 Million | +710.92% |
| Total Change | AU$- | -69.22% |
Book Value vs Market Value Analysis
This analysis compares West Coast 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: 64.09x
- 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 increased from 1.94x to 64.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.08 | AU$0.16 | x |
| 2022-06-30 | AU$0.05 | AU$0.16 | x |
| 2023-06-30 | AU$0.02 | AU$0.16 | x |
| 2024-06-30 | AU$0.02 | AU$0.16 | x |
| 2025-06-30 | AU$0.00 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West Coast Silver Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -935.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24661.28%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 3.05x
- Recent ROE (-935.79%) is below the historical average (-316.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -99.26% | 0.00% | 0.00x | 1.09x | AU$-3.59 Million |
| 2022 | -134.46% | -230034.93% | 0.00x | 1.38x | AU$-3.61 Million |
| 2023 | -281.74% | -15043.68% | 0.01x | 1.59x | AU$-2.67 Million |
| 2024 | -133.37% | -3058.72% | 0.04x | 1.11x | AU$-3.02 Million |
| 2025 | -935.79% | -24661.28% | 0.01x | 3.05x | AU$-6.14 Million |
Industry Comparison
This section compares West Coast 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: $48,207,055
- Average return on equity (ROE) among peers: -142.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West Coast Silver Ltd (WCE) | AU$649.35K | -99.26% | 2.05x | $20.39 Million |
| 29METALS Ltd (29M) | $422.34 Million | -104.29% | 1.32x | $171.73 Million |
| Aic Mines Ltd (A1M) | $3.54 Million | -36.56% | 0.06x | $145.91 Million |
| Australian Critical Minerals Ltd (ACM) | $1.88 Million | -78.35% | 0.11x | $1.59 Million |
| Alvo Minerals Ltd (ALV) | $2.18 Million | -258.34% | 0.21x | $2.58 Million |
| Alicanto Minerals Ltd (AQI) | $202.00K | -282.87% | 0.33x | $42.00 Million |
| Askari Metals Ltd (AS2) | $6.89 Million | -32.70% | 0.06x | $2.11 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $2.98 Million | -136.30% | 3.34x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $32.59 Million | -5.71% | 0.09x | $207.94 Million |
| Burgundy Diamond Mines Ltd (BDM) | $5.32 Million | -370.30% | 5.92x | $10.17 Million |