GOLD REACH RES
GOLD REACH RES operates in Diversified Metals & Mining.
GOLD REACH RES (G6D2) - Net Assets
Latest net assets as of June 2024: €52.47 Million EUR
Based on the latest financial reports, GOLD REACH RES (G6D2) has net assets worth €52.47 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€58.05 Million) and total liabilities (€5.58 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 | €52.47 Million |
| % of Total Assets | 90.4% |
| Annual Growth Rate | 16.32% |
| 5-Year Change | 113.54% |
| 10-Year Change | N/A |
| Growth Volatility | 18.02 |
GOLD REACH RES - Net Assets Trend (2019–2024)
This chart illustrates how GOLD REACH RES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GOLD REACH RES (2019–2024)
The table below shows the annual net assets of GOLD REACH RES from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €46.43 Million | +3.86% |
| 2023-03-31 | €44.70 Million | +7.62% |
| 2022-03-31 | €41.53 Million | +29.95% |
| 2021-03-31 | €31.96 Million | +47.00% |
| 2020-03-31 | €21.74 Million | -0.26% |
| 2019-03-31 | €21.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GOLD REACH RES'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 1471907200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €79.52 Million | 171.29% |
| Total Equity | €46.43 Million | 100.00% |
GOLD REACH RES Competitors by Market Cap
The table below lists competitors of GOLD REACH RES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue-Ex
KAR:GEMBLUEX
|
$2.52K |
|
Tooru Plc
LSE:TOO
|
$2.52K |
|
DIGITAL CHINA - Dusseldorf Stock Exchang
DU:DIN
|
$2.52K |
|
IOFINA (IF7.SG)
STU:IF7
|
$2.52K |
|
KMPharmaceutical Co. Ltd.
KO:225430
|
$2.52K |
|
Centro Escolar University
PSE:CEU
|
$2.52K |
|
SH Energy & Chemical Co. Ltd.
KQ:002360
|
$2.51K |
|
Flowscape Technology AB
ST:FLOWS
|
$2.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOLD REACH RES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,700,301 to 46,427,660, a change of 1,727,359 (3.9%).
- Net loss of 1,734,589 reduced equity.
- New share issuances of 168,916 increased equity.
- Other factors increased equity by 3,293,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.73 Million | -3.74% |
| Share Issuances | €168.92K | +0.36% |
| Other Changes | €3.29 Million | +7.09% |
| Total Change | €- | 3.86% |
Book Value vs Market Value Analysis
This analysis compares GOLD REACH RES'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: 1.29x
- 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 0.71x to 1.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | €0.38 | €0.27 | x |
| 2020-03-31 | €0.37 | €0.27 | x |
| 2021-03-31 | €0.24 | €0.27 | x |
| 2022-03-31 | €0.25 | €0.27 | x |
| 2023-03-31 | €0.23 | €0.27 | x |
| 2024-03-31 | €0.21 | €0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOLD REACH RES 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): -3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-3.74%) 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 |
|---|---|---|---|---|---|
| 2019 | -1.78% | 0.00% | 0.00x | 1.02x | €-2.57 Million |
| 2020 | -0.78% | 0.00% | 0.00x | 1.02x | €-2.34 Million |
| 2021 | -18.16% | 0.00% | 0.00x | 1.06x | €-9.00 Million |
| 2022 | -11.77% | 0.00% | 0.00x | 1.14x | €-9.04 Million |
| 2023 | -4.73% | 0.00% | 0.00x | 1.13x | €-6.58 Million |
| 2024 | -3.74% | 0.00% | 0.00x | 1.11x | €-6.38 Million |
Industry Comparison
This section compares GOLD REACH RES's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOLD REACH RES (G6D2) | €52.47 Million | -1.78% | 0.11x | $2.52K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |