Harvest Minerals Ltd
Harvest Minerals Limited engages in the mineral exploration and production of organic natural fertilizers in Brazil and Australia. The company explores for potash and limestone. Its flagship project is the 100% owned Arapua fertiliser project located in Brazil. The company was formerly known as Triumph Tin Limited and changed its name to Harvest Minerals Limited in December 2014. Harvest Minerals… Read more
Harvest Minerals Ltd (HMI) - Net Assets
Latest net assets as of December 2024: GBX4.51 Million GBX
Based on the latest financial reports, Harvest Minerals Ltd (HMI) has net assets worth GBX4.51 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX9.07 Million) and total liabilities (GBX4.56 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 | GBX4.51 Million |
| % of Total Assets | 49.75% |
| Annual Growth Rate | 2.9% |
| 5-Year Change | -65.39% |
| 10-Year Change | -32.7% |
| Growth Volatility | 96.47 |
Harvest Minerals Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Harvest Minerals 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 Harvest Minerals Ltd (2011–2024)
The table below shows the annual net assets of Harvest Minerals Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX4.51 Million | -38.43% |
| 2023-12-31 | GBX7.33 Million | -24.51% |
| 2022-12-31 | GBX9.71 Million | +12.79% |
| 2021-12-31 | GBX8.61 Million | -33.98% |
| 2020-12-31 | GBX13.04 Million | -12.79% |
| 2020-06-30 | GBX14.96 Million | -24.99% |
| 2019-06-30 | GBX19.94 Million | -11.93% |
| 2018-06-30 | GBX22.64 Million | +218.49% |
| 2017-06-30 | GBX7.11 Million | +5.99% |
| 2016-06-30 | GBX6.71 Million | +192.27% |
| 2015-06-30 | GBX2.30 Million | +81.67% |
| 2014-06-30 | GBX1.26 Million | -27.06% |
| 2013-06-30 | GBX1.73 Million | -81.55% |
| 2012-06-30 | GBX9.39 Million | +205.93% |
| 2011-06-30 | GBX3.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harvest Minerals 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 4142416600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX45.13 Million | 999.73% |
| Other Components | GBX805.52K | 17.84% |
| Total Equity | GBX4.51 Million | 100.00% |
Harvest Minerals Ltd Competitors by Market Cap
The table below lists competitors of Harvest Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EASTERN IRON
BE:4LO
|
$184.52 |
|
MULTI INDOCITRA (QF9.SG)
STU:QF9
|
$184.79 |
|
International Printing & Packaging Materials Co.
EGX:IPPM
|
$185.09 |
|
CROSSLAND STRAT
MU:CUT
|
$185.16 |
|
Gigaset AG
DU:GGS
|
$183.46 |
|
ALLUP SILICA LTD
F:U77
|
$183.21 |
|
Dadabhoy Cement Industries Limited
KAR:DBCI
|
$183.09 |
|
Sprout Tiny Homes Inc
PINK:STHI
|
$183.06 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harvest Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,332,564 to 4,514,525, a change of -2,818,039 (-38.4%).
- Net loss of 3,666,673 reduced equity.
- New share issuances of 520,327 increased equity.
- Other factors increased equity by 328,307.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.67 Million | -81.22% |
| Share Issuances | GBX520.33K | +11.53% |
| Other Changes | GBX328.31K | +7.27% |
| Total Change | GBX- | -38.43% |
Book Value vs Market Value Analysis
This analysis compares Harvest Minerals 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: 23.85x
- 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 15.77x to 23.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | GBX0.03 | GBX0.45 | x |
| 2015-06-30 | GBX0.05 | GBX0.45 | x |
| 2016-06-30 | GBX0.09 | GBX0.45 | x |
| 2017-06-30 | GBX0.07 | GBX0.45 | x |
| 2018-06-30 | GBX0.18 | GBX0.45 | x |
| 2019-06-30 | GBX0.11 | GBX0.45 | x |
| 2020-12-31 | GBX0.07 | GBX0.45 | x |
| 2021-12-31 | GBX0.05 | GBX0.45 | x |
| 2022-12-31 | GBX0.05 | GBX0.45 | x |
| 2023-12-31 | GBX0.04 | GBX0.45 | x |
| 2024-12-31 | GBX0.02 | GBX0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harvest Minerals 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): -81.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -138.43%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.01x
- Recent ROE (-81.22%) is below the historical average (-42.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -119.77% | 0.00% | 0.00x | 1.10x | GBX-1.64 Million |
| 2015 | -70.79% | 0.00% | 0.00x | 1.31x | GBX-1.85 Million |
| 2016 | -42.05% | -48032.56% | 0.00x | 1.01x | GBX-3.49 Million |
| 2017 | -37.00% | -19005.61% | 0.00x | 1.03x | GBX-3.34 Million |
| 2018 | -12.62% | -5320.97% | 0.00x | 1.02x | GBX-5.12 Million |
| 2019 | -17.33% | -212.31% | 0.08x | 1.02x | GBX-5.45 Million |
| 2020 | -12.33% | -615.71% | 0.02x | 1.03x | GBX-3.34 Million |
| 2020 | -25.46% | -170.10% | 0.15x | 1.02x | GBX-4.62 Million |
| 2021 | -48.40% | -85.75% | 0.53x | 1.07x | GBX-5.03 Million |
| 2022 | 2.04% | 2.29% | 0.80x | 1.11x | GBX-773.58K |
| 2023 | -43.38% | -101.54% | 0.27x | 1.58x | GBX-3.91 Million |
| 2024 | -81.22% | -138.43% | 0.29x | 2.01x | GBX-4.12 Million |
Industry Comparison
This section compares Harvest Minerals Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $9,438,732
- Average return on equity (ROE) among peers: -6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harvest Minerals Ltd (HMI) | GBX4.51 Million | -119.77% | 1.01x | $183.66 |
| Emmerson PLC (EML) | $23.16 Million | -13.14% | 0.01x | $4.64K |
| Kropz Plc (KRPZ) | $-4.28 Million | 0.00% | 0.00x | $972.73 |