Orion Gold NL
Orion Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia and South Africa. It primarily explores for copper, zinc, nickel, cobalt, platinum group elements, gold, silver, tungsten, rare earth elements, base metals, and lithium deposits. The company's flagship projects include the Prieska Copper Zinc mine project located in the Northern Cape … Read more
Orion Gold NL (ORN) - Net Assets
Latest net assets as of June 2024: ZAC92.94 Million ZAC
Based on the latest financial reports, Orion Gold NL (ORN) has net assets worth ZAC92.94 Million ZAC as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC136.60 Million) and total liabilities (ZAC43.66 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 | ZAC92.94 Million |
| % of Total Assets | 68.04% |
| Annual Growth Rate | 43.1% |
| 5-Year Change | 69.5% |
| 10-Year Change | N/A |
| Growth Volatility | 44.04 |
Orion Gold NL - Net Assets Trend (2016–2024)
This chart illustrates how Orion Gold NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Orion Gold NL (2016–2024)
The table below shows the annual net assets of Orion Gold NL from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ZAC92.94 Million | +9.82% |
| 2023-06-30 | ZAC84.63 Million | +4.61% |
| 2022-06-30 | ZAC80.90 Million | -11.11% |
| 2021-06-30 | ZAC91.00 Million | +65.97% |
| 2020-06-30 | ZAC54.83 Million | +87.03% |
| 2019-06-30 | ZAC29.32 Million | +48.18% |
| 2018-06-30 | ZAC19.79 Million | +129.42% |
| 2017-06-30 | ZAC8.62 Million | +63.15% |
| 2016-06-30 | ZAC5.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Orion Gold NL'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 7108926000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ZAC245.34 Million | 240.10% |
| Total Equity | ZAC102.18 Million | 100.00% |
Orion Gold NL Competitors by Market Cap
The table below lists competitors of Orion Gold NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:MHRGY
|
$2.03 Million |
|
MOOG -A-
BE:MO7A
|
$2.03 Million |
|
Presidio Property Trust
NASDAQ:SQFT
|
$2.03 Million |
|
Scworx Corp
NASDAQ:WORX
|
$2.03 Million |
|
Ravi Kumar Distilleries Limited
NSE:RKDL
|
$2.02 Million |
|
Elkop SA
WAR:EKP
|
$2.02 Million |
|
The Motor & General Finance Limited
NSE:MOTOGENFIN
|
$2.02 Million |
|
Nickel North Exploration Corp
V:NNX
|
$2.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orion Gold NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 92,871,000 to 102,183,000, a change of 9,312,000 (10.0%).
- Net loss of 5,389,000 reduced equity.
- New share issuances of 2,862,000 increased equity.
- Other factors increased equity by 11,839,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-5.39 Million | -5.27% |
| Share Issuances | ZAC2.86 Million | +2.8% |
| Other Changes | ZAC11.84 Million | +11.59% |
| Total Change | ZAC- | 10.03% |
Book Value vs Market Value Analysis
This analysis compares Orion Gold NL'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: 2378.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3935.93x to 2378.42x 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 | ZAC0.01 | ZAC37.00 | x |
| 2018-06-30 | ZAC0.01 | ZAC37.00 | x |
| 2019-06-30 | ZAC0.01 | ZAC37.00 | x |
| 2020-06-30 | ZAC0.02 | ZAC37.00 | x |
| 2021-06-30 | ZAC0.02 | ZAC37.00 | x |
| 2022-06-30 | ZAC0.02 | ZAC37.00 | x |
| 2023-06-30 | ZAC0.02 | ZAC37.00 | x |
| 2024-06-30 | ZAC0.02 | ZAC37.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orion Gold NL 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): -5.27%
- 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: 1.34x
- Recent ROE (-5.27%) is above the historical average (-32.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -47.83% | 0.00% | 0.00x | 1.06x | ZAC-3.06 Million |
| 2017 | -91.95% | 0.00% | 0.00x | 2.25x | ZAC-8.79 Million |
| 2018 | -50.32% | 0.00% | 0.00x | 2.33x | ZAC-10.59 Million |
| 2019 | -34.77% | -15743.55% | 0.00x | 1.70x | ZAC-12.57 Million |
| 2020 | -30.59% | -25078.57% | 0.00x | 1.15x | ZAC-23.29 Million |
| 2021 | -1.86% | 0.00% | 0.00x | 1.03x | ZAC-11.23 Million |
| 2022 | -16.65% | 0.00% | 0.00x | 1.04x | ZAC-22.87 Million |
| 2023 | -16.51% | 0.00% | 0.00x | 0.99x | ZAC-24.62 Million |
| 2024 | -5.27% | 0.00% | 0.00x | 1.34x | ZAC-15.61 Million |
Industry Comparison
This section compares Orion Gold NL's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,654,672,323
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orion Gold NL (ORN) | ZAC92.94 Million | -47.83% | 0.47x | $2.02 Million |
| African Rainbow Minerals Ltd (ARI) | $7.97 Billion | 11.59% | 0.48x | $17.61 Million |
| Chrometco Ltd (CMO) | $173.11 Million | 56.88% | 0.29x | $108.09K |
| Merafe (MRF) | $2.28 Billion | -44.05% | 0.37x | $1.47 Million |
| Mantengu Mining Ltd. (MTU) | $46.75 Million | 16.36% | 1.52x | $7.02 Million |
| Wesizwe (WEZ) | $2.80 Billion | -19.85% | 1.72x | $389.30K |