First Tin PLC
First Tin Plc engages in the exploitation and production of tin properties in Germany and Australia. Its flagship assets include the Tellerhäuser Project located in Saxony, Germany; and the Taronga Project which covers an area of 752 square kilometers located in New South Wales, Australia. First Tin Plc was incorporated in 2012 and is based in London, the United Kingdom.
First Tin PLC (1SN) - Net Assets
Latest net assets as of September 2025: GBX192.72 Million GBX
Based on the latest financial reports, First Tin PLC (1SN) has net assets worth GBX192.72 Million GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX208.65 Million) and total liabilities (GBX15.93 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 | GBX192.72 Million |
| % of Total Assets | 92.36% |
| Annual Growth Rate | 19.57% |
| 5-Year Change | 363.23% |
| 10-Year Change | 12076.28% |
| Growth Volatility | 256.03 |
First Tin PLC - Net Assets Trend (2000–2024)
This chart illustrates how First Tin PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Tin PLC (2000–2024)
The table below shows the annual net assets of First Tin PLC from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX95.94 Million | +6.49% |
| 2023-12-31 | GBX90.09 Million | -0.41% |
| 2023-01-31 | GBX90.46 Million | +116.50% |
| 2022-12-31 | GBX41.78 Million | +101.75% |
| 2022-01-31 | GBX20.71 Million | +173.62% |
| 2021-12-31 | GBX7.57 Million | -9.15% |
| 2021-01-31 | GBX8.33 Million | +436.75% |
| 2020-12-31 | GBX1.55 Million | -78.00% |
| 2020-01-31 | GBX7.06 Million | +795.63% |
| 2019-12-31 | GBX787.92K | -91.07% |
| 2019-01-31 | GBX8.82 Million | +1022.56% |
| 2018-12-31 | GBX785.67K | -90.46% |
| 2018-01-31 | GBX8.24 Million | +17.05% |
| 2017-01-31 | GBX7.04 Million | +508.09% |
| 2016-01-31 | GBX1.16 Million | +86.10% |
| 2015-01-31 | GBX621.71K | -14.38% |
| 2014-01-31 | GBX726.13K | -79.89% |
| 2013-01-31 | GBX3.61 Million | -75.28% |
| 2012-01-31 | GBX14.61 Million | -10.04% |
| 2011-01-31 | GBX16.24 Million | +15.22% |
| 2010-01-31 | GBX14.09 Million | +3.07% |
| 2009-01-31 | GBX13.67 Million | -23.53% |
| 2008-01-31 | GBX17.88 Million | +1.27% |
| 2007-01-31 | GBX17.66 Million | +106.44% |
| 2006-01-31 | GBX8.55 Million | -4.64% |
| 2005-01-31 | GBX8.97 Million | -0.30% |
| 2004-01-31 | GBX9.00 Million | +297.92% |
| 2003-01-31 | GBX2.26 Million | +23.91% |
| 2002-01-31 | GBX1.82 Million | +11.26% |
| 2001-01-31 | GBX1.64 Million | +47.01% |
| 2000-01-31 | GBX1.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Tin PLC'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 3984223400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX128.39 Million | 133.83% |
| Other Comprehensive Income | GBX7.64 Million | 7.96% |
| Other Components | GBX3.36 Million | 3.50% |
| Total Equity | GBX95.94 Million | 100.00% |
First Tin PLC Competitors by Market Cap
The table below lists competitors of First Tin PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National company for maize products
EGX:NCMP
|
$11.21K |
|
Portage Fintech Acquisition Corporation Warrant
NASDAQ:PFTAW
|
$11.21K |
|
ORVANA MINERALS (O6M.SG)
STU:O6M
|
$11.23K |
|
US Lighting Group Inc
PINK:USLG
|
$11.23K |
|
Samson International PLC
CM:SILN0000
|
$11.20K |
|
Thaiholdings JSC
VN:THD
|
$11.19K |
|
POST TELECOMMU
VN:PTI
|
$11.17K |
|
Great Lakes Graphite Inc
PINK:GLKIF
|
$11.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Tin PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 90,091,995 to 95,939,729, a change of 5,847,734 (6.5%).
- Net loss of 1,066,000 reduced equity.
- Other comprehensive income increased equity by 5,559,921.
- Other factors increased equity by 1,353,813.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.07 Million | -1.11% |
| Other Comprehensive Income | GBX5.56 Million | +5.8% |
| Other Changes | GBX1.35 Million | +1.41% |
| Total Change | GBX- | 6.49% |
Book Value vs Market Value Analysis
This analysis compares First Tin PLC'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: 71.41x
- 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 increased from 10.05x to 71.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-01-31 | GBX1.27 | GBX12.80 | x |
| 2001-01-31 | GBX0.77 | GBX12.80 | x |
| 2002-01-31 | GBX0.62 | GBX12.80 | x |
| 2003-01-31 | GBX0.83 | GBX12.80 | x |
| 2004-01-31 | GBX3.79 | GBX12.80 | x |
| 2005-01-31 | GBX2.64 | GBX12.80 | x |
| 2006-01-31 | GBX1.97 | GBX12.80 | x |
| 2007-01-31 | GBX3.65 | GBX12.80 | x |
| 2008-01-31 | GBX3.32 | GBX12.80 | x |
| 2009-01-31 | GBX2.18 | GBX12.80 | x |
| 2010-01-31 | GBX2.13 | GBX12.80 | x |
| 2011-01-31 | GBX2.34 | GBX12.80 | x |
| 2012-01-31 | GBX1.78 | GBX12.80 | x |
| 2013-01-31 | GBX0.40 | GBX12.80 | x |
| 2014-01-31 | GBX0.08 | GBX12.80 | x |
| 2015-01-31 | GBX0.07 | GBX12.80 | x |
| 2016-01-31 | GBX0.07 | GBX12.80 | x |
| 2017-01-31 | GBX0.18 | GBX12.80 | x |
| 2018-01-31 | GBX0.12 | GBX12.80 | x |
| 2018-12-31 | GBX2.96 | GBX12.80 | x |
| 2019-01-31 | GBX0.10 | GBX12.80 | x |
| 2019-12-31 | GBX2.97 | GBX12.80 | x |
| 2020-01-31 | GBX0.08 | GBX12.80 | x |
| 2020-12-31 | GBX5.85 | GBX12.80 | x |
| 2021-01-31 | GBX0.06 | GBX12.80 | x |
| 2021-12-31 | GBX28.51 | GBX12.80 | x |
| 2022-01-31 | GBX0.08 | GBX12.80 | x |
| 2022-12-31 | GBX157.36 | GBX12.80 | x |
| 2023-01-31 | GBX0.20 | GBX12.80 | x |
| 2023-12-31 | GBX0.17 | GBX12.80 | x |
| 2024-12-31 | GBX0.18 | GBX12.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Tin PLC 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): -1.11%
- 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: 1.29x
- Recent ROE (-1.11%) is above the historical average (-48.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -10.78% | -2772.79% | 0.00x | 1.28x | GBX-231.79K |
| 2001 | -64.63% | -16825.40% | 0.00x | 1.09x | GBX-1.22 Million |
| 2002 | -8.44% | 0.00% | 0.00x | 1.07x | GBX-336.48K |
| 2003 | -43.25% | 0.00% | 0.00x | 1.03x | GBX-1.20 Million |
| 2004 | -6.01% | 0.00% | 0.00x | 1.03x | GBX-1.44 Million |
| 2005 | -87.92% | 0.00% | 0.00x | 1.02x | GBX-8.78 Million |
| 2006 | -36.51% | 0.00% | 0.00x | 1.02x | GBX-3.98 Million |
| 2007 | 41.66% | 0.00% | 0.00x | 1.02x | GBX5.59 Million |
| 2008 | -3.47% | 0.00% | 0.00x | 1.01x | GBX-2.41 Million |
| 2009 | -54.66% | 0.00% | 0.00x | 1.01x | GBX-8.84 Million |
| 2010 | 3.25% | 0.00% | 0.00x | 1.01x | GBX-951.09K |
| 2011 | -7.65% | 0.00% | 0.00x | 1.01x | GBX-2.87 Million |
| 2012 | -12.76% | 0.00% | 0.00x | 1.01x | GBX-3.32 Million |
| 2013 | -329.22% | 0.00% | 0.00x | 1.04x | GBX-12.25 Million |
| 2014 | -404.15% | 0.00% | 0.00x | 1.18x | GBX-3.01 Million |
| 2015 | -7.64% | 0.00% | 0.00x | 1.15x | GBX-109.66K |
| 2016 | -94.90% | 0.00% | 0.00x | 1.19x | GBX-1.21 Million |
| 2017 | -16.64% | 0.00% | 0.00x | 1.20x | GBX-1.87 Million |
| 2018 | -27.12% | 0.00% | 0.00x | 2.06x | GBX-3.06 Million |
| 2018 | -59.94% | 0.00% | 0.00x | 2.59x | GBX-549.48K |
| 2019 | 3.70% | 0.00% | 0.00x | 2.04x | GBX-555.98K |
| 2019 | -111.12% | 0.00% | 0.00x | 4.11x | GBX-954.32K |
| 2020 | -64.60% | 0.00% | 0.00x | 2.25x | GBX-5.26 Million |
| 2020 | -43.95% | 0.00% | 0.00x | 2.72x | GBX-837.52K |
| 2021 | -19.18% | 0.00% | 0.00x | 2.18x | GBX-2.43 Million |
| 2021 | -16.02% | 0.00% | 0.00x | 1.04x | GBX-1.97 Million |
| 2022 | -14.06% | 0.00% | 0.00x | 1.74x | GBX-4.98 Million |
| 2022 | -7.77% | 0.00% | 0.00x | 1.04x | GBX-7.42 Million |
| 2023 | -1.35% | 0.00% | 0.00x | 1.13x | GBX-10.26 Million |
| 2023 | -3.29% | 0.00% | 0.00x | 1.16x | GBX-11.97 Million |
| 2024 | -1.11% | 0.00% | 0.00x | 1.29x | GBX-10.66 Million |
Industry Comparison
This section compares First Tin PLC'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: $18,217,489
- Average return on equity (ROE) among peers: -2865.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Tin PLC (1SN) | GBX192.72 Million | -10.78% | 0.08x | $11.21K |
| 80 Mile Plc (80M) | $32.97 Million | -29.00% | 0.04x | $6.22K |
| ACG Acquisition Co. Ltd. (ACG) | $-246.05K | 0.00% | 0.00x | $39.03K |
| Armadale Capital Plc (ACP) | $4.28K | -25184.13% | 0.10x | $68.15 |
| Adriatic Metals (ADT1) | $107.90 Million | -43.69% | 0.62x | $134.52K |
| Arc Minerals Limited (ARCM) | $1.77 Million | -28.44% | 0.07x | $1.06K |
| Eastinco Mining & Exploration PLC (ATN) | $104.00K | -485.58% | 0.41x | $551.97 |
| Anglesey Mining (AYM) | $0.00 | 0.00% | 0.00x | $265.45 |
| Bradda Head Holdings Ltd (BHL) | $15.66 Million | 0.00% | 0.01x | $736.65 |
| Blencowe Resources Plc (BRES) | $5.79 Million | -16.61% | 0.34x | $5.95K |