RED HILL IRON
RED HILL IRON operates in Diversified Metals & Mining.
RED HILL IRON (R4I) - Net Assets
Latest net assets as of June 2024: €194.50 Million EUR
Based on the latest financial reports, RED HILL IRON (R4I) has net assets worth €194.50 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 (€242.12 Million) and total liabilities (€47.61 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 | €194.50 Million |
| % of Total Assets | 80.33% |
| Annual Growth Rate | 45.33% |
| 5-Year Change | 1727.96% |
| 10-Year Change | N/A |
| Growth Volatility | 199.4 |
RED HILL IRON - Net Assets Trend (2016–2024)
This chart illustrates how RED HILL IRON's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RED HILL IRON (2016–2024)
The table below shows the annual net assets of RED HILL IRON from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €194.50 Million | +265.00% |
| 2023-06-30 | €53.29 Million | -19.40% |
| 2022-06-30 | €66.12 Million | +576.11% |
| 2021-06-30 | €9.78 Million | -8.10% |
| 2020-06-30 | €10.64 Million | +5.77% |
| 2019-06-30 | €10.06 Million | -5.41% |
| 2018-06-30 | €10.64 Million | -4.97% |
| 2017-06-30 | €11.19 Million | +14.53% |
| 2016-06-30 | €9.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RED HILL IRON'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 17704751200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €161.27 Million | 82.91% |
| Other Components | €33.23 Million | 17.09% |
| Total Equity | €194.50 Million | 100.00% |
RED HILL IRON Competitors by Market Cap
The table below lists competitors of RED HILL IRON ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crossroads Gold Corp.
V:CRG
|
$1.70K |
|
GREATLAND GOLD (G8G.SG)
STU:G8G
|
$1.70K |
|
INEP4F
SA:INEP4F
|
$1.70K |
|
Nordic Financials ASA
OL:NOFIN
|
$1.70K |
|
Bannu Woollen Mills Ltd
KAR:BNWM
|
$1.70K |
|
Dar Es Salaam Textile Mills Ltd
KAR:DSML
|
$1.69K |
|
Live Motion Games S.A.
WAR:LMG
|
$1.69K |
|
Domestic Metals Corp.
F:03E0
|
$1.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RED HILL IRON's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,288,207 to 194,503,578, a change of 141,215,371 (265.0%).
- Net income of 153,561,880 contributed positively to equity growth.
- Dividend payments of 12,773,152 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €153.56 Million | +78.95% |
| Dividends Paid | €12.77 Million | -6.57% |
| Other Changes | €426.64K | +0.22% |
| Total Change | €- | 265.00% |
Book Value vs Market Value Analysis
This analysis compares RED HILL IRON'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: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.90x to 0.06x 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 | €0.20 | €0.18 | x |
| 2018-06-30 | €0.19 | €0.18 | x |
| 2019-06-30 | €0.18 | €0.18 | x |
| 2020-06-30 | €0.18 | €0.18 | x |
| 2021-06-30 | €0.16 | €0.18 | x |
| 2022-06-30 | €1.04 | €0.18 | x |
| 2023-06-30 | €0.83 | €0.18 | x |
| 2024-06-30 | €3.04 | €0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RED HILL IRON 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): 78.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.24x
- Recent ROE (78.95%) is above the historical average (27.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -6.84% | 0.00% | 0.00x | 1.04x | €-1.65 Million |
| 2017 | -5.32% | 0.00% | 0.00x | 1.01x | €-1.71 Million |
| 2018 | -5.23% | 0.00% | 0.00x | 1.01x | €-1.62 Million |
| 2019 | -5.71% | 0.00% | 0.00x | 1.01x | €-1.58 Million |
| 2020 | -4.38% | 0.00% | 0.00x | 1.00x | €-1.53 Million |
| 2021 | -16.92% | 0.00% | 0.00x | 1.03x | €-2.63 Million |
| 2022 | 217.18% | 0.00% | 0.00x | 1.20x | €136.98 Million |
| 2023 | -4.24% | 0.00% | 0.00x | 1.01x | €-7.59 Million |
| 2024 | 78.95% | 0.00% | 0.00x | 1.24x | €134.11 Million |
Industry Comparison
This section compares RED HILL IRON'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 |
|---|---|---|---|---|
| RED HILL IRON (R4I) | €194.50 Million | -6.84% | 0.24x | $1.70K |
| 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 |