Zenith Minerals Ltd (ZNC) - Net Assets
Based on the latest financial reports, Zenith Minerals Ltd (ZNC) has net assets worth AU$24.18 Million AUD (≈ $17.11 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$25.16 Million ≈ $17.80 Million USD) and total liabilities (AU$974.40K ≈ $689.45K 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 ZNC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$24.18 Million |
| % of Total Assets | 96.13% |
| Annual Growth Rate | 5.66% |
| 5-Year Change | 5.52% |
| 10-Year Change | 415.39% |
| Growth Volatility | 46.08 |
Zenith Minerals Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Zenith Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See Zenith Minerals Ltd (ZNC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zenith Minerals Ltd (2007–2025)
The table below shows the annual net assets of Zenith Minerals Ltd from 2007 to 2025. For live valuation and market cap data, see Zenith Minerals Ltd (ZNC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.70 Million ≈ $9.69 Million |
-2.42% |
| 2024-06-30 | AU$14.04 Million ≈ $9.93 Million |
-23.78% |
| 2023-06-30 | AU$18.42 Million ≈ $13.03 Million |
-30.56% |
| 2022-06-30 | AU$26.52 Million ≈ $18.76 Million |
+104.30% |
| 2021-06-30 | AU$12.98 Million ≈ $9.18 Million |
+124.09% |
| 2020-06-30 | AU$5.79 Million ≈ $4.10 Million |
+30.59% |
| 2019-06-30 | AU$4.44 Million ≈ $3.14 Million |
-12.98% |
| 2018-06-30 | AU$5.10 Million ≈ $3.61 Million |
+47.96% |
| 2017-06-30 | AU$3.45 Million ≈ $2.44 Million |
+29.63% |
| 2016-06-30 | AU$2.66 Million ≈ $1.88 Million |
+32.50% |
| 2015-06-30 | AU$2.01 Million ≈ $1.42 Million |
-71.38% |
| 2014-06-30 | AU$7.01 Million ≈ $4.96 Million |
+9.56% |
| 2013-06-30 | AU$6.40 Million ≈ $4.53 Million |
+23.14% |
| 2012-06-30 | AU$5.19 Million ≈ $3.68 Million |
-33.18% |
| 2011-06-30 | AU$7.77 Million ≈ $5.50 Million |
+43.29% |
| 2010-06-30 | AU$5.42 Million ≈ $3.84 Million |
+24.39% |
| 2009-06-30 | AU$4.36 Million ≈ $3.09 Million |
-13.60% |
| 2008-06-30 | AU$5.05 Million ≈ $3.57 Million |
-0.71% |
| 2007-06-30 | AU$5.08 Million ≈ $3.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zenith Minerals 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 2855252000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$42.57 Million | 310.82% |
| Other Comprehensive Income | AU$152.68K | 1.11% |
| Total Equity | AU$13.70 Million | 100.00% |
Zenith Minerals Ltd Competitors by Market Cap
The table below lists competitors of Zenith Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daejoo Inc
KQ:003310
|
$42.02 Million |
|
Chian Hsing Forging Industrial Co Ltd
TWO:4528
|
$42.03 Million |
|
Fuel Tech Inc
NASDAQ:FTEK
|
$42.07 Million |
|
Beshom Holdings Bhd
KLSE:7668
|
$42.08 Million |
|
Avrasya Gayrimenkul Yatirim Ortakligi AS
IS:AVGYO
|
$41.99 Million |
|
Goodyear (Thailand) Public Company Limited
BK:GYT
|
$41.98 Million |
|
Hotel Sahid Jaya Tbk
JK:SHID
|
$41.98 Million |
|
Atlantic International Corp. Common Stock
NASDAQ:ATLN
|
$41.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zenith Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,036,974 to 13,696,826, a change of -340,148 (-2.4%).
- Net loss of 2,901,248 reduced equity.
- Other comprehensive income decreased equity by 794,091.
- Other factors increased equity by 3,355,191.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.90 Million | -21.18% |
| Other Comprehensive Income | AU$-794.09K | -5.8% |
| Other Changes | AU$3.36 Million | +24.5% |
| Total Change | AU$- | -2.42% |
Book Value vs Market Value Analysis
This analysis compares Zenith Minerals 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: 2.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.36x to 2.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.27 | AU$0.10 | x |
| 2008-06-30 | AU$0.07 | AU$0.10 | x |
| 2009-06-30 | AU$0.06 | AU$0.10 | x |
| 2010-06-30 | AU$0.07 | AU$0.10 | x |
| 2011-06-30 | AU$0.09 | AU$0.10 | x |
| 2012-06-30 | AU$0.06 | AU$0.10 | x |
| 2013-06-30 | AU$0.07 | AU$0.10 | x |
| 2014-06-30 | AU$0.07 | AU$0.10 | x |
| 2015-06-30 | AU$0.02 | AU$0.10 | x |
| 2016-06-30 | AU$0.02 | AU$0.10 | x |
| 2017-06-30 | AU$0.02 | AU$0.10 | x |
| 2018-06-30 | AU$0.02 | AU$0.10 | x |
| 2019-06-30 | AU$0.02 | AU$0.10 | x |
| 2020-06-30 | AU$0.03 | AU$0.10 | x |
| 2021-06-30 | AU$0.04 | AU$0.10 | x |
| 2022-06-30 | AU$0.08 | AU$0.10 | x |
| 2023-06-30 | AU$0.05 | AU$0.10 | x |
| 2024-06-30 | AU$0.04 | AU$0.10 | x |
| 2025-06-30 | AU$0.04 | AU$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zenith Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -21.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -971.22%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.05x
- Recent ROE (-21.18%) is above the historical average (-33.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -9.35% | 0.00% | 0.00x | 1.01x | AU$-983.60K |
| 2008 | -6.56% | 0.00% | 0.00x | 1.03x | AU$-835.89K |
| 2009 | -16.23% | -69165.69% | 0.00x | 1.03x | AU$-1.14 Million |
| 2010 | -9.24% | 0.00% | 0.00x | 1.03x | AU$-1.04 Million |
| 2011 | -9.99% | 0.00% | 0.00x | 1.03x | AU$-1.55 Million |
| 2012 | -50.07% | 0.00% | 0.00x | 1.04x | AU$-3.12 Million |
| 2013 | -15.73% | -1604.99% | 0.01x | 1.03x | AU$-1.65 Million |
| 2014 | -12.08% | -2494.98% | 0.00x | 1.02x | AU$-1.55 Million |
| 2015 | -316.66% | -21824.47% | 0.01x | 1.07x | AU$-6.55 Million |
| 2016 | -40.19% | -5053.96% | 0.01x | 1.05x | AU$-1.33 Million |
| 2017 | -27.66% | -1953.33% | 0.01x | 1.04x | AU$-1.30 Million |
| 2018 | -13.40% | -484.15% | 0.03x | 1.05x | AU$-1.19 Million |
| 2019 | -15.68% | -172.81% | 0.09x | 1.04x | AU$-1.14 Million |
| 2020 | -6.62% | -74.51% | 0.08x | 1.05x | AU$-962.67K |
| 2021 | 15.49% | 813.04% | 0.02x | 1.03x | AU$712.05K |
| 2022 | 5.52% | 131.00% | 0.04x | 1.01x | AU$-1.19 Million |
| 2023 | -50.58% | -568.48% | 0.08x | 1.05x | AU$-11.16 Million |
| 2024 | -31.87% | -688.43% | 0.04x | 1.03x | AU$-5.88 Million |
| 2025 | -21.18% | -971.22% | 0.02x | 1.05x | AU$-4.27 Million |
Industry Comparison
This section compares Zenith Minerals 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: $25,261,051
- Average return on equity (ROE) among peers: -26.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenith Minerals Ltd (ZNC) | AU$24.18 Million | -9.35% | 0.04x | $42.00 Million |
| Morella Corporation Ltd (1MC) | $6.08 Million | 10.70% | 0.57x | $7.21 Million |
| Amaero Ltd (3DA) | $1.45 Million | -32.00% | 0.42x | $185.35 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $150.34 Million |
| Atlantic Lithium Ltd (A11) | $68.24 Million | -7.18% | 0.06x | $175.81 Million |
| African Gold Ltd (A1G) | $5.37 Million | -18.30% | 0.15x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $6.55 Million | -38.02% | 6.45x | $14.69 Million |
| Accent Resources NL (ACS) | $1.87 Million | -166.61% | 2.43x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $11.27 Million | -1.92% | 0.01x | $3.42 Million |
| Andromeda Metals Ltd (ADN) | $162.16 Million | -5.83% | 0.02x | $22.90 Million |
About Zenith Minerals Ltd
Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. It explores for gold, lithium, base metal, caesium, manganese, tantalum, zinc, lead, and silver deposits. The company was formerly known as Zinc Co Australia Limited and changed its name to Zenith Minerals Limited in November 2010. Zenith Minerals Limited was incorporated in 200… Read more