GOLD REACH RES

BE:G6D2 Germany Other
Market Cap
$2.55K
€2.49K EUR
Market Cap Rank
#46966 Global
#7843 in Germany
Share Price
€0.27
Change (1 day)
+2.30%
52-Week Range
€0.05 - €0.27
All Time High
€0.52
About

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.

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