MANUKA RESOURCES LTD Net Assets
MANUKA RESOURCES LTD net assets. Based on the latest financial reports, MANUKA RESOURCES LTD (6M0A) has net assets worth €17.01 Million EUR (≈ $19.89 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€61.14 Million ≈ $71.48 Million USD) and total liabilities (€44.13 Million ≈ $51.59 Million 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. Also explore net asset momentum of MANUKA RESOURCES LTD to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €17.01 Million |
| % of Total Assets | 27.82% |
| Annual Growth Rate | 74.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 148.63 |
Net Assets of MANUKA RESOURCES LTD (2021–2024)
Net assets of MANUKA RESOURCES LTD from 2021 to 2024. This chart illustrates how MANUKA RESOURCES LTD's net assets have evolved over time, based on quarterly financial data. See MANUKA RESOURCES LTD (6M0A) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for MANUKA RESOURCES LTD (2021–2024)
The table below shows the annual net assets of MANUKA RESOURCES LTD from 2021 to 2024. For live market cap and overall valuation, see market value of MANUKA RESOURCES LTD.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €17.01 Million ≈ $19.89 Million |
-14.70% |
| 2023-06-30 | €19.94 Million ≈ $23.31 Million |
+46.92% |
| 2022-06-30 | €13.57 Million ≈ $15.87 Million |
+326.85% |
| 2021-06-30 | €3.18 Million ≈ $3.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MANUKA RESOURCES 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 3880576100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
MANUKA RESOURCES LTD Net Assets Breakdown (June 2024)
MANUKA RESOURCES LTD net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €76.62 Million | 450.46% |
| Total Equity | €17.01 Million | 100.00% |
MANUKA RESOURCES LTD Competitors by Market Cap
The table below lists competitors of MANUKA RESOURCES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RENALYTIX PLC LS-0025
F:2O9
|
$39.89 Million |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
$39.91 Million |
|
Staatl. Mineralbrunnen AG
MU:SLB
|
$39.92 Million |
|
Dreadnought Resources Ltd
AU:DRE
|
$39.92 Million |
|
Anel Elektrik Proje Taahhut ve Ticaret AS
IS:ANELE
|
$39.89 Million |
|
Bonia Corporation Bhd
KLSE:9288
|
$39.87 Million |
|
Cypress Technology Co Ltd
TWO:3541
|
$39.86 Million |
|
Enlight Corp
TW:2438
|
$39.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MANUKA RESOURCES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,941,974 to 17,010,151, a change of -2,931,823 (-14.7%).
- Net loss of 18,234,635 reduced equity.
- Share repurchases of 644,370 reduced equity.
- New share issuances of 10,689,622 increased equity.
- Other factors increased equity by 5,257,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-18.23 Million | -107.2% |
| Share Repurchases | €644.37K | -3.79% |
| Share Issuances | €10.69 Million | +62.84% |
| Other Changes | €5.26 Million | +30.91% |
| Total Change | €- | -14.70% |
Book Value vs Market Value Analysis
This analysis compares MANUKA RESOURCES 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: 0.99x
- 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 2.71x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | €0.01 | €0.02 | x |
| 2022-06-30 | €0.05 | €0.02 | x |
| 2023-06-30 | €0.04 | €0.02 | x |
| 2024-06-30 | €0.02 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MANUKA RESOURCES 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): -107.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -120.00%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.59x
- Recent ROE (-107.20%) is below the historical average (-83.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -132.53% | -6.62% | 1.21x | 16.59x | €-3.11 Million |
| 2022 | 38.91% | 9.91% | 1.28x | 3.06x | €3.92 Million |
| 2023 | -132.09% | -266.08% | 0.16x | 3.08x | €-28.34 Million |
| 2024 | -107.20% | -120.00% | 0.25x | 3.59x | €-19.94 Million |
Industry Comparison
This section compares MANUKA RESOURCES LTD's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $2,684,452,334
- Average return on equity (ROE) among peers: -254.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MANUKA RESOURCES LTD (6M0A) | €17.01 Million | -132.53% | 2.59x | $39.89 Million |
| ALLIANZ TECHNO.TR.LS-025 (28X) | $1.22 Million | -1903.68% | 0.04x | $557.41 Million |
| China Silver Group Limited (2CS) | $1.50 Billion | -0.73% | 0.18x | $83.05 Million |
| FORTE MINERALS CORP. (2OA) | $1.21 Million | -42.42% | 0.16x | $57.96 Million |
| Manhattan Corporation Limited (32U) | $-342.70K | 0.00% | 0.00x | $7.82 Million |
| FUTURE METALS NL (3R10) | $24.72 Million | 0.00% | 0.09x | $4.10 Million |
| Sibanye Stillwater Limited (47VS) | $24.72 Billion | -10.11% | 2.43x | $6.12 Billion |
| MONTEGO RESOURCES INC. (4MO) | $74.81K | -582.17% | 17.32x | $18.41K |
| Gemfields Group Limited (5PH) | $550.12 Million | -11.31% | 0.33x | $51.40 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $12.15 Million | -8.69% | 0.02x | $12.80 Million |
| Hammer Metals Limited (6HM) | $35.90 Million | 17.47% | 0.02x | $29.22 Million |
About MANUKA RESOURCES LTD
Manuka Resources Limited engages in the exploration and development of gold, silver, iron, titanium, and vanadium properties in Australia and New Zealand. It operates through Exploration and Operations segments. The company holds interest in the Mt Boppy gold project, which comprises three granted mining leases, four gold leases, and one exploration license covering an area approximately 210 squa… Read more