QMINES LTD (81V) - Net Assets

Latest as of June 2024: €18.09 Million EUR ≈ $21.15 Million USD

Based on the latest financial reports, QMINES LTD (81V) has net assets worth €18.09 Million EUR (≈ $21.15 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 (€21.50 Million ≈ $25.14 Million USD) and total liabilities (€3.41 Million ≈ $3.98 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.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€18.09 Million
% of Total Assets	84.15%
Annual Growth Rate	20.78%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	7.51

QMINES LTD - Net Assets Trend (2022–2024)

This chart illustrates how QMINES LTD's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of QMINES LTD for the complete picture of this company's asset base.

Annual Net Assets for QMINES LTD (2022–2024)

The table below shows the annual net assets of QMINES LTD from 2022 to 2024. For live valuation and market cap data, see QMINES LTD stock valuation.

Year	Net Assets	Change
2024-06-30	€18.09 Million ≈ $21.15 Million	+13.52%
2023-06-30	€15.94 Million ≈ $18.63 Million	+28.55%
2022-06-30	€12.40 Million ≈ $14.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to QMINES 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 880318400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Other Components	€31.63 Million	174.96%
Total Equity	€18.08 Million	100.00%

QMINES LTD Competitors by Market Cap

The table below lists competitors of QMINES LTD ranked by their market capitalization.

Company	Market Cap
Australian Rare EARTHS Ltd AU:AR3	$21.70 Million
Sin Heng Chan (Malaya) Bhd KLSE:4316	$21.70 Million
Kobexindo Tractors Tbk JK:KOBX	$21.70 Million
Sierra Nevada Gold Inc AU:SNX	$21.71 Million
Indara Insurance Public Company Limited BK:INSURE	$21.69 Million
LQwD FinTech Corp V:LQWD	$21.69 Million
Nitiraj Engineers Limited NSE:NITIRAJ	$21.69 Million
BeMetals Corp V:BMET	$21.69 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in QMINES LTD's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 15,939,272 to 18,078,811, a change of 2,139,539 (13.4%).
Net loss of 3,374,951 reduced equity.
New share issuances of 2,866,586 increased equity.
Other factors increased equity by 2,647,904.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-3.37 Million	-18.67%
Share Issuances	€2.87 Million	+15.86%
Other Changes	€2.65 Million	+14.65%
Total Change	€-	13.42%

Book Value vs Market Value Analysis

This analysis compares QMINES 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: 0.39x
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 increased from 0.28x to 0.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2022-06-30	€0.11	€0.03	x
2023-06-30	€0.09	€0.03	x
2024-06-30	€0.08	€0.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently QMINES 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): -18.67%
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: 1.19x
Recent ROE (-18.67%) is above the historical average (-26.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2022	-25.53%	0.00%	0.00x	1.03x	€-4.41 Million
2023	-35.76%	0.00%	0.00x	1.03x	€-7.29 Million
2024	-18.67%	0.00%	0.00x	1.19x	€-5.18 Million

Industry Comparison

This section compares QMINES LTD's net assets metrics with peer companies in the Copper industry.

Industry Context

Industry: Copper
Average net assets among peers: $9,417,703,471
Average return on equity (ROE) among peers: -17.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
QMINES LTD (81V)	€18.09 Million	-25.53%	0.19x	$21.69 Million
ELEMENT 29 RESOURCES INC (2IK)	$15.75 Million	-12.18%	0.01x	$114.30 Million
China Nonferrous Mining Corporation Limited (3N4)	$2.17 Billion	16.44%	0.92x	$5.07 Billion
ALMA METALS LTD. CUFS1 (BP60)	$5.16 Million	-60.49%	0.07x	$16.76 Million
Atalaya Mining Ltd (E5S1)	$350.20 Million	8.99%	0.44x	$1.53 Billion
GR.SOU.COP. LS-01 (E9E)	$3.20 Million	-40.61%	0.04x	$17.67 Million
ARIZONA SONORAN COPPER (H6F)	$84.55 Million	-8.27%	0.35x	$1.05 Billion
Jiangxi Copper Company Limited (JIX)	$77.81 Billion	7.24%	1.07x	$6.29 Billion
COPPERCORP RESOURCES INC. (NU0)	$6.67 Million	-69.44%	0.04x	$3.12 Million
MMG Limited (OMS1)	$4.31 Billion	0.21%	1.76x	$12.88 Billion

About QMINES LTD

F:81V Germany Copper

Market Cap

$23.47 Million

€20.08 Million EUR

Market Cap Rank

#24879 Global

#2153 in Germany

Share Price

€0.03

Change (1 day)

+0.00%

52-Week Range

€0.02 - €0.04

All Time High

€0.28