West Wits Mining Ltd (WWI) - Net Assets
Based on the latest financial reports, West Wits Mining Ltd (WWI) has net assets worth AU$52.45 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$74.57 Million) and total liabilities (AU$22.12 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$52.45 Million |
| % of Total Assets | 70.33% |
| Annual Growth Rate | 2.34% |
| 5-Year Change | 190.51% |
| 10-Year Change | 152.01% |
| Growth Volatility | 32.73 |
West Wits Mining Ltd - Net Assets Trend (2008–2025)
This chart illustrates how West Wits Mining 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 Wits Mining Ltd (2008–2025)
The table below shows the annual net assets of West Wits Mining Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$37.54 Million | +49.38% |
| 2024-06-30 | AU$25.13 Million | +10.29% |
| 2023-06-30 | AU$22.79 Million | +2.28% |
| 2022-06-30 | AU$22.28 Million | +72.40% |
| 2021-06-30 | AU$12.92 Million | +80.90% |
| 2020-06-30 | AU$7.14 Million | -17.77% |
| 2019-06-30 | AU$8.69 Million | -54.57% |
| 2018-06-30 | AU$19.12 Million | +24.11% |
| 2017-06-30 | AU$15.41 Million | +3.44% |
| 2016-06-30 | AU$14.90 Million | -5.77% |
| 2015-06-30 | AU$15.81 Million | -2.95% |
| 2014-06-30 | AU$16.29 Million | -16.43% |
| 2013-06-30 | AU$19.49 Million | +4.88% |
| 2012-06-30 | AU$18.58 Million | -13.89% |
| 2011-06-30 | AU$21.58 Million | -13.89% |
| 2010-06-30 | AU$25.06 Million | -8.45% |
| 2009-06-30 | AU$27.37 Million | +8.13% |
| 2008-06-30 | AU$25.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to West Wits Mining 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 3204657800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$82.31 Million | 181.68% |
| Other Comprehensive Income | AU$-3.63 Million | -8.02% |
| Total Equity | AU$45.31 Million | 100.00% |
West Wits Mining Ltd Competitors by Market Cap
The table below lists competitors of West Wits Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xingda International Holdings Limited
F:XDH
|
$282.53 Million |
|
Omega Flex Inc
NASDAQ:OFLX
|
$282.54 Million |
|
Studsvik AB
ST:SVIK
|
$282.58 Million |
|
I-Sheng Electric Wire & Cable Co Ltd
TW:6115
|
$282.61 Million |
|
NovaBridge Biosciences
NASDAQ:NBP
|
$282.46 Million |
|
HORIZON FIXTURE GROUP CO LTD
TW:6957
|
$282.43 Million |
|
Yongyue Science & Tech Co Ltd
SHG:603879
|
$282.37 Million |
|
Protara Therapeutics Inc
NASDAQ:TARA
|
$282.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West Wits Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,528,000 to 45,307,000, a change of 12,779,000 (39.3%).
- Net loss of 3,272,000 reduced equity.
- Share repurchases of 13,511,000 reduced equity.
- Other comprehensive income decreased equity by 927,000.
- Other factors increased equity by 30,489,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.27 Million | -7.22% |
| Share Repurchases | AU$13.51 Million | -29.82% |
| Other Comprehensive Income | AU$-927.00K | -2.05% |
| Other Changes | AU$30.49 Million | +67.29% |
| Total Change | AU$- | 39.29% |
Book Value vs Market Value Analysis
This analysis compares West Wits Mining 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: 3.67x
- 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 2.61x to 3.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.25 | AU$0.66 | x |
| 2009-06-30 | AU$0.16 | AU$0.66 | x |
| 2010-06-30 | AU$0.14 | AU$0.66 | x |
| 2011-06-30 | AU$0.12 | AU$0.66 | x |
| 2012-06-30 | AU$0.07 | AU$0.66 | x |
| 2013-06-30 | AU$0.06 | AU$0.66 | x |
| 2014-06-30 | AU$0.06 | AU$0.66 | x |
| 2015-06-30 | AU$0.05 | AU$0.66 | x |
| 2016-06-30 | AU$0.04 | AU$0.66 | x |
| 2017-06-30 | AU$0.04 | AU$0.66 | x |
| 2018-06-30 | AU$0.03 | AU$0.66 | x |
| 2019-06-30 | AU$0.02 | AU$0.66 | x |
| 2020-06-30 | AU$0.01 | AU$0.66 | x |
| 2021-06-30 | AU$0.01 | AU$0.66 | x |
| 2022-06-30 | AU$0.17 | AU$0.66 | x |
| 2023-06-30 | AU$0.15 | AU$0.66 | x |
| 2024-06-30 | AU$0.14 | AU$0.66 | x |
| 2025-06-30 | AU$0.18 | AU$0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West Wits Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6059.26%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.96x
- Recent ROE (-7.22%) is above the historical average (-10.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -6.38% | -243.28% | 0.02x | 1.46x | AU$-2.99 Million |
| 2009 | -2.61% | -94.70% | 0.02x | 1.36x | AU$-2.60 Million |
| 2010 | -7.90% | -598.37% | 0.01x | 1.42x | AU$-3.24 Million |
| 2011 | -6.86% | -1276.47% | 0.00x | 1.40x | AU$-2.67 Million |
| 2012 | -21.49% | -4750.65% | 0.00x | 1.41x | AU$-5.36 Million |
| 2013 | 0.51% | 2.09% | 0.19x | 1.28x | AU$-1.57 Million |
| 2014 | -9.88% | -87100.00% | 0.00x | 1.02x | AU$-3.50 Million |
| 2015 | -9.42% | -32440.00% | 0.00x | 1.01x | AU$-3.34 Million |
| 2016 | -6.57% | -10500.00% | 0.00x | 1.08x | AU$-2.65 Million |
| 2017 | -3.47% | -99.46% | 0.03x | 1.11x | AU$-2.16 Million |
| 2018 | -6.09% | -25.11% | 0.23x | 1.06x | AU$-3.32 Million |
| 2019 | -56.58% | -165.02% | 0.35x | 0.98x | AU$-9.37 Million |
| 2020 | -12.75% | -1174.65% | 0.01x | 0.92x | AU$-2.98 Million |
| 2021 | -1.81% | -437.18% | 0.01x | 0.82x | AU$-2.23 Million |
| 2022 | -18.36% | -7882.09% | 0.00x | 0.95x | AU$-8.16 Million |
| 2023 | -9.11% | -4908.93% | 0.00x | 0.86x | AU$-5.77 Million |
| 2024 | -5.17% | -6010.71% | 0.00x | 0.87x | AU$-4.94 Million |
| 2025 | -7.22% | -6059.26% | 0.00x | 0.96x | AU$-7.80 Million |
Industry Comparison
This section compares West Wits Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $24,900,890
- Average return on equity (ROE) among peers: -2760.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West Wits Mining Ltd (WWI) | AU$52.45 Million | -6.38% | 0.42x | $282.52 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $2.79 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $8.79 Million |
| Astral Resources NL (AAR) | $1.89K | -27430.83% | 0.31x | $235.76 Million |
| Antilles Gold Ltd (AAU) | $4.53 Million | -0.02% | 0.00x | $30.89 Million |
| Adelong Gold Ltd (ADG) | $1.42 Million | -36.10% | 0.13x | $9.43 Million |
| Ardiden Ltd (ADV) | $16.70 Million | -7.39% | 0.03x | $51.70 Million |
| Australian Gold and Copper Ltd (AGC) | $35.56 Million | -3.06% | 0.02x | $31.44 Million |
| Ark Mines Ltd (AHK) | $6.40 Million | -18.50% | 0.12x | $18.17 Million |
| Aureka Ltd (AKA) | $3.84 Million | -18.30% | 0.11x | $12.25 Million |
| Alkane Resources Ltd (ALK) | $170.45 Million | -2.40% | 0.12x | $1.39 Billion |
About West Wits Mining Ltd
West Wits Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, extraction, development, and production of mineral properties in South Africa and Australia. The company explores for gold, uranium, base metals, and precious metals deposits. Its flagship project is the Qala Shallows gold project located in Central Rand, Gauteng Province in South Africa. West Wits M… Read more