Platinex Inc (9PX) - Net Assets
Based on the latest financial reports, Platinex Inc (9PX) has net assets worth €12.29 Million EUR (≈ $14.37 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.20 Million ≈ $16.60 Million USD) and total liabilities (€1.91 Million ≈ $2.23 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. Check 9PX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €12.29 Million |
| % of Total Assets | 86.56% |
| Annual Growth Rate | 30.93% |
| 5-Year Change | 323.44% |
| 10-Year Change | 702.86% |
| Growth Volatility | 83.24 |
Platinex Inc - Net Assets Trend (2013–2024)
This chart illustrates how Platinex Inc's net assets have evolved over time, based on quarterly financial data. See Platinex Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Platinex Inc (2013–2024)
The table below shows the annual net assets of Platinex Inc from 2013 to 2024. For live valuation and market cap data, see Platinex Inc (9PX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.14 Million ≈ $11.86 Million |
+29.31% |
| 2023-12-31 | €7.84 Million ≈ $9.17 Million |
+189.52% |
| 2022-12-31 | €2.71 Million ≈ $3.17 Million |
+46.60% |
| 2021-12-31 | €1.85 Million ≈ $2.16 Million |
-22.85% |
| 2020-12-31 | €2.40 Million ≈ $2.80 Million |
+594.90% |
| 2019-12-31 | €-483.98K ≈ $-565.82K |
-156.60% |
| 2018-12-31 | €-188.61K ≈ $-220.50K |
-107.36% |
| 2017-12-31 | €2.56 Million ≈ $2.99 Million |
+31.48% |
| 2016-12-31 | €1.95 Million ≈ $2.28 Million |
+54.22% |
| 2015-12-31 | €1.26 Million ≈ $1.48 Million |
-3.29% |
| 2014-12-31 | €1.31 Million ≈ $1.53 Million |
+149.72% |
| 2013-12-31 | €523.06K ≈ $611.51K |
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Equity Component Analysis
This analysis shows how different components contribute to Platinex Inc'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 1210182500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €26.79 Million | 320.02% |
| Total Equity | €8.37 Million | 100.00% |
Platinex Inc Competitors by Market Cap
The table below lists competitors of Platinex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Packaging Tech (Malaysia)
KLSE:9148
|
$11.36 Million |
|
Trustpilot Group PLC
LSE:TRST
|
$11.36 Million |
|
Alligator Bioscience AB
ST:ATORX
|
$11.36 Million |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
$11.36 Million |
|
GANGLONG CHINA PR.GR.LTD
F:52J
|
$11.35 Million |
|
Maris Tech Ltd
NASDAQ:MTEK
|
$11.35 Million |
|
Merchants Trust PLC
LSE:MRCH
|
$11.33 Million |
|
DB (International) Stock Brokers Limited
NSE:DBSTOCKBRO
|
$11.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Platinex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,937,879 to 8,370,123, a change of 2,432,244 (41.0%).
- Net loss of 2,453,532 reduced equity.
- New share issuances of 4,513,385 increased equity.
- Other factors increased equity by 372,391.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.45 Million | -29.31% |
| Share Issuances | €4.51 Million | +53.92% |
| Other Changes | €372.39K | +4.45% |
| Total Change | €- | 40.96% |
Book Value vs Market Value Analysis
This analysis compares Platinex Inc'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: 0.95x
- 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 2.47x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.03 | €0.07 | x |
| 2018-12-31 | €0.00 | €0.07 | x |
| 2019-12-31 | €0.00 | €0.07 | x |
| 2020-12-31 | €0.02 | €0.07 | x |
| 2021-12-31 | €0.01 | €0.07 | x |
| 2022-12-31 | €0.05 | €0.07 | x |
| 2023-12-31 | €0.07 | €0.07 | x |
| 2024-12-31 | €0.07 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Platinex Inc 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): -29.31%
- 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: 1.39x
- Recent ROE (-29.31%) is above the historical average (-55.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -456.41% | 0.00% | 0.00x | 3.32x | €-2.44 Million |
| 2014 | 59.73% | 0.00% | 0.00x | 1.34x | €649.52K |
| 2015 | -6.05% | 0.00% | 0.00x | 1.37x | €-202.76K |
| 2016 | -17.04% | 0.00% | 0.00x | 1.15x | €-526.79K |
| 2017 | -34.41% | 0.00% | 0.00x | 1.06x | €-1.14 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | €-3.37 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | €-408.37K |
| 2020 | -32.22% | 0.00% | 0.00x | 1.12x | €-1.01 Million |
| 2021 | -65.35% | 0.00% | 0.00x | 1.29x | €-1.39 Million |
| 2022 | -52.54% | 0.00% | 0.00x | 1.29x | €-1.69 Million |
| 2023 | -31.76% | 0.00% | 0.00x | 1.47x | €-2.48 Million |
| 2024 | -29.31% | 0.00% | 0.00x | 1.39x | €-3.29 Million |
Industry Comparison
This section compares Platinex Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $6,447,344,816
- Average return on equity (ROE) among peers: -26.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Platinex Inc (9PX) | €12.29 Million | -456.41% | 0.16x | $11.35 Million |
| Pearl Gold AG (02P) | $12.95 Million | -4.16% | 0.03x | $11.69 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-1.67 Million | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $64.38 Billion | 7.36% | 1.65x | $2.68 Billion |
| Asante Gold Corporation (1A9) | $2.23 Million | -26.42% | 1.36x | $465.58 Million |
| American Pacific Mining Corp (1QC1) | $48.70 Million | 7.16% | 0.08x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $12.16 Million | -10.54% | 0.10x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.63 Million | -7.22% | 0.07x | $10.68 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $1.67 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.19 Million | -8.14% | 0.06x | $13.20 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $43.10K |
About Platinex Inc
PTX Metals Inc., together with its subsidiaries, explores for and evaluates mineral properties in Canada. It explores for gold, chromite, copper, nickel, and platinum group element deposits, as well as base metals deposits. The company was formerly known as Platinex Inc. and changed its name to PTX Metals Inc. in February 2024. PTX Metals Inc. was incorporated in 1998 and is based in Toronto, Can… Read more