LYNAS CORPORATION
LYNAS CORPORATION operates in Diversified Metals & Mining.
LYNAS CORPORATION (LYI) - Net Assets
Latest net assets as of June 2024: €2.24 Billion EUR
Based on the latest financial reports, LYNAS CORPORATION (LYI) has net assets worth €2.24 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.80 Billion) and total liabilities (€562.12 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 | €2.24 Billion |
| % of Total Assets | 79.96% |
| Annual Growth Rate | 53.92% |
| 5-Year Change | 332.66% |
| 10-Year Change | N/A |
| Growth Volatility | 117.15 |
LYNAS CORPORATION - Net Assets Trend (2016–2024)
This chart illustrates how LYNAS CORPORATION's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LYNAS CORPORATION (2016–2024)
The table below shows the annual net assets of LYNAS CORPORATION from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €2.24 Billion | +3.67% |
| 2023-06-30 | €2.16 Billion | +31.46% |
| 2022-06-30 | €1.65 Billion | +51.89% |
| 2021-06-30 | €1.08 Billion | +109.00% |
| 2020-06-30 | €518.38 Million | -2.62% |
| 2019-06-30 | €532.35 Million | +22.53% |
| 2018-06-30 | €434.48 Million | +375.35% |
| 2017-06-30 | €91.40 Million | +28.35% |
| 2016-06-30 | €71.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LYNAS CORPORATION'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 grown by 120935600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €220.41 Million | 9.83% |
| Other Components | €2.02 Billion | 90.17% |
| Total Equity | €2.24 Billion | 100.00% |
LYNAS CORPORATION Competitors by Market Cap
The table below lists competitors of LYNAS CORPORATION ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
200580
KO:200580
|
$72.30K |
|
Armanino Foods New
OTCQX:AMNF
|
$72.33K |
|
INNOSTAR ORD A (SHH) EQSW Exp:
SHG:688710
|
$72.34K |
|
EKTR3F
SA:EKTR3F
|
$72.37K |
|
Tokmanni Group Corp
STU:TK9
|
$72.25K |
|
Jaeger Resources Corp
PINK:BDRGF
|
$72.19K |
|
Greenland Technologies Holding Corporation
PINK:GTECW
|
$72.11K |
|
Aurelius Minerals Inc
PINK:AURQF
|
$72.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LYNAS CORPORATION's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,163,404,000 to 2,242,805,000, a change of 79,401,000 (3.7%).
- Net income of 84,514,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €84.51 Million | +3.77% |
| Other Changes | €-5.11 Million | -0.23% |
| Total Change | €- | 3.67% |
Book Value vs Market Value Analysis
This analysis compares LYNAS CORPORATION'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: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.31x to 2.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.25 | €7.19 | x |
| 2018-06-30 | €0.65 | €7.19 | x |
| 2019-06-30 | €0.79 | €7.19 | x |
| 2020-06-30 | €0.73 | €7.19 | x |
| 2021-06-30 | €1.20 | €7.19 | x |
| 2022-06-30 | €1.82 | €7.19 | x |
| 2023-06-30 | €2.32 | €7.19 | x |
| 2024-06-30 | €2.40 | €7.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LYNAS CORPORATION 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): 3.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.20%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.25x
- Recent ROE (3.77%) is above the historical average (-6.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -132.12% | -49.27% | 0.24x | 11.05x | €-101.20 Million |
| 2017 | -16.28% | -5.79% | 0.36x | 7.84x | €-24.02 Million |
| 2018 | 12.23% | 14.20% | 0.49x | 1.76x | €9.67 Million |
| 2019 | 15.03% | 22.01% | 0.41x | 1.65x | €26.80 Million |
| 2020 | -3.74% | -6.18% | 0.34x | 1.81x | €-71.23 Million |
| 2021 | 14.50% | 31.04% | 0.34x | 1.36x | €48.74 Million |
| 2022 | 32.86% | 60.55% | 0.43x | 1.25x | €376.26 Million |
| 2023 | 14.36% | 39.47% | 0.30x | 1.22x | €94.33 Million |
| 2024 | 3.77% | 18.20% | 0.17x | 1.25x | €-139.77 Million |
Industry Comparison
This section compares LYNAS CORPORATION'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 |
|---|---|---|---|---|
| LYNAS CORPORATION (LYI) | €2.24 Billion | -132.12% | 0.25x | $72.25K |
| 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 |