Bluebird Merchant Ventures Ltd
Bluebird Mining Ventures Ltd, together with its subsidiaries, engages in developing of mineral properties in South Korea and the Philippines. The company explores for gold and silver deposits. It holds interests in the Gubong project located in South Korea; Kochang Project located in South Korea; and Batangas Gold Project covering approximately an area of 1,160-hectare located in the Philippines.… Read more
Bluebird Merchant Ventures Ltd (BMV) - Net Assets
Latest net assets as of June 2025: GBX15.55 Million GBX
Based on the latest financial reports, Bluebird Merchant Ventures Ltd (BMV) has net assets worth GBX15.55 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX20.19 Million) and total liabilities (GBX4.64 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 | GBX15.55 Million |
| % of Total Assets | 77.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1518.05% |
| 10-Year Change | 10227.43% |
| Growth Volatility | 524.11 |
Bluebird Merchant Ventures Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Bluebird Merchant Ventures Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bluebird Merchant Ventures Ltd (2014–2024)
The table below shows the annual net assets of Bluebird Merchant Ventures Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX18.89 Million | -2.36% |
| 2023-12-31 | GBX19.35 Million | +5.89% |
| 2022-12-31 | GBX18.27 Million | -2.57% |
| 2021-12-31 | GBX18.75 Million | +1506.30% |
| 2020-12-31 | GBX1.17 Million | +170.25% |
| 2019-12-31 | GBX432.00K | +10.46% |
| 2018-06-30 | GBX391.08K | -90.11% |
| 2017-06-30 | GBX3.95 Million | +101.11% |
| 2016-06-30 | GBX1.97 Million | +974.74% |
| 2015-06-30 | GBX182.92K | +665.27% |
| 2014-12-31 | GBX-32.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bluebird Merchant Ventures 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 481157600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX22.47 Million | 118.93% |
| Other Comprehensive Income | GBX1.26 Million | 6.68% |
| Total Equity | GBX18.89 Million | 100.00% |
Bluebird Merchant Ventures Ltd Competitors by Market Cap
The table below lists competitors of Bluebird Merchant Ventures Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENZON PHARM - Dusseldorf Stock Exchang
DU:EZ1
|
$306.65 |
|
Global Ferronickel Holdings Inc
PSE:FNI
|
$307.09 |
|
PINE TECH HLDGS
BE:PNY
|
$307.23 |
|
Image Scan Holdings Plc
LSE:IGE
|
$308.05 |
|
Technology Minerals PLC
LSE:TM1
|
$306.00 |
|
NATURAL COOL
MU:N7E
|
$305.83 |
|
MAGNUM MINING & EXP
BE:M8Z
|
$305.80 |
|
Skin Laboratory PCL
BK:SKIN
|
$305.26 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bluebird Merchant Ventures Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,346,896 to 18,890,529, a change of -456,367 (-2.4%).
- Net loss of 898,000 reduced equity.
- New share issuances of 77,488 increased equity.
- Other comprehensive income decreased equity by 235,897.
- Other factors increased equity by 600,042.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-898.00K | -4.75% |
| Share Issuances | GBX77.49K | +0.41% |
| Other Comprehensive Income | GBX-235.90K | -1.25% |
| Other Changes | GBX600.04K | +3.18% |
| Total Change | GBX- | -2.36% |
Book Value vs Market Value Analysis
This analysis compares Bluebird Merchant Ventures 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: 3.07x
- 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 75.47x to 3.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | GBX0.00 | GBX0.08 | x |
| 2016-06-30 | GBX0.01 | GBX0.08 | x |
| 2017-06-30 | GBX0.02 | GBX0.08 | x |
| 2018-06-30 | GBX0.00 | GBX0.08 | x |
| 2019-12-31 | GBX0.00 | GBX0.08 | x |
| 2020-12-31 | GBX0.00 | GBX0.08 | x |
| 2021-12-31 | GBX0.04 | GBX0.08 | x |
| 2022-12-31 | GBX0.03 | GBX0.08 | x |
| 2023-12-31 | GBX0.03 | GBX0.08 | x |
| 2024-12-31 | GBX0.03 | GBX0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bluebird Merchant Ventures 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): -4.75%
- 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: 1.06x
- Recent ROE (-4.75%) is above the historical average (-127.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -48.04% | 0.00% | 0.00x | 5.28x | GBX-113.80K |
| 2016 | -46.53% | 0.00% | 0.00x | 1.18x | GBX-1.12 Million |
| 2017 | -40.17% | 0.00% | 0.00x | 1.32x | GBX-1.98 Million |
| 2018 | -433.42% | 0.00% | 0.00x | 5.57x | GBX-1.73 Million |
| 2019 | -658.56% | 0.00% | 0.00x | 3.75x | GBX-2.89 Million |
| 2020 | -77.06% | 0.00% | 0.00x | 1.53x | GBX-1.02 Million |
| 2021 | 40.16% | 0.00% | 0.00x | 1.07x | GBX5.66 Million |
| 2022 | -9.92% | 0.00% | 0.00x | 1.10x | GBX-3.64 Million |
| 2023 | -1.33% | 0.00% | 0.00x | 1.04x | GBX-2.19 Million |
| 2024 | -4.75% | 0.00% | 0.00x | 1.06x | GBX-2.79 Million |
Industry Comparison
This section compares Bluebird Merchant Ventures Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $96,427,528
- Average return on equity (ROE) among peers: -52.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bluebird Merchant Ventures Ltd (BMV) | GBX15.55 Million | -48.04% | 0.30x | $306.26 |
| Conroy Gold & Natural Resources Plc (CGNR) | $17.65 Million | -3.84% | 0.28x | $1.43K |
| Cora Gold Limited (CORA) | $-546.00K | 0.00% | 0.00x | $5.35K |
| ECR Minerals plc (ECR) | $23.98 Million | -7.66% | 0.13x | $1.04K |
| Goldplat PLC (GDP) | $18.41 Million | 9.12% | 0.96x | $1.92K |
| Greatland Resources Limited (GGP) | $642.59 Million | 25.17% | 0.58x | $518.75K |
| Goldstone Resources Ltd (GRL) | $-1.34 Million | 0.00% | 0.00x | $461.96 |
| Hamak Gold Ltd (HAMA) | $1.14 Million | -326.99% | 0.36x | $591.38 |
| Lexington Gold Ltd (LEX) | $147.20K | -170.26% | 0.38x | $2.13K |
| Metals Exploration Plc (MTL) | $165.82 Million | -1.92% | 0.63x | $38.48K |