Harena Rare Earths Plc
Harena Rare Earths Plc engages in the exploration and development of rare earths deposits. It holds a 75% interest in the Ampasindava Ionic Clay rare earth project in Madagascar. Harena Rare Earths Plc was formerly known as Harena Resources plc. The company is based in London, United Kingdom.
Harena Rare Earths Plc (HREE) - Net Assets
Latest net assets as of June 2024: GBX-1.63 Million GBX
Based on the latest financial reports, Harena Rare Earths Plc (HREE) has net assets worth GBX-1.63 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.99 Million) and total liabilities (GBX3.62 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 | GBX-1.63 Million |
| % of Total Assets | -81.88% |
| Annual Growth Rate | 56.55% |
| 5-Year Change | 212.5% |
| 10-Year Change | N/A |
| Growth Volatility | 85.7 |
Harena Rare Earths Plc - Net Assets Trend (2021–2025)
This chart illustrates how Harena Rare Earths 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 Harena Rare Earths Plc (2021–2025)
The table below shows the annual net assets of Harena Rare Earths Plc from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX915.23K | +156.11% |
| 2024-06-30 | GBX-1.63 Million | -1545.27% |
| 2024-04-30 | GBX-99.14K | -134.58% |
| 2023-06-30 | GBX286.71K | -2.10% |
| 2023-04-30 | GBX292.88K | +107.14% |
| 2022-04-30 | GBX141.39K | 0.00% |
| 2021-04-30 | GBX141.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harena Rare Earths 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 612621000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX6.85 Million | 1205.40% |
| Total Equity | GBX568.55K | 100.00% |
Harena Rare Earths Plc Competitors by Market Cap
The table below lists competitors of Harena Rare Earths Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eco-Safe Systems Usa
PINK:ESFS
|
$4.88 |
|
DVN (HLDGS)
BE:DVH
|
$4.89 |
|
Environmental Solutions Worldwide Inc
PINK:ESWW
|
$4.90 |
|
Worry Free Holdings Company
PINK:WYCC
|
$4.91 |
|
Cableclix USA Inc
PINK:CCLX
|
$4.83 |
|
Global Brokerage Inc
PINK:GLBR
|
$4.83 |
|
ALBA MINERAL RES LS-0001
F:9AB
|
$4.79 |
|
Grillit Inc.
PINK:GRLT
|
$4.77 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harena Rare Earths Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,977,876 to 568,554, a change of 2,546,430.
- Net loss of 14,187,288 reduced equity.
- New share issuances of 80,311 increased equity.
- Other factors increased equity by 16,653,407.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-14.19 Million | -2495.33% |
| Share Issuances | GBX80.31K | +14.13% |
| Other Changes | GBX16.65 Million | +2929.08% |
| Total Change | GBX- | % |
Book Value vs Market Value Analysis
This analysis compares Harena Rare Earths 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: 2976.00x
- 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 1254.17x to 2976.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | GBX0.00 | GBX4.10 | x |
| 2022-04-30 | GBX0.00 | GBX4.10 | x |
| 2023-04-30 | GBX0.01 | GBX4.10 | x |
| 2023-06-30 | GBX0.00 | GBX4.10 | x |
| 2024-04-30 | GBX0.00 | GBX4.10 | x |
| 2024-06-30 | GBX0.00 | GBX4.10 | x |
| 2025-06-30 | GBX0.00 | GBX4.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harena Rare Earths 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): -2495.33%
- 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: 3.69x
- Recent ROE (-2495.33%) is below the historical average (-490.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -112.18% | 0.00% | 0.00x | 2.73x | GBX-172.75K |
| 2022 | -183.67% | 0.00% | 0.00x | 2.73x | GBX-273.83K |
| 2023 | -151.70% | 0.00% | 0.00x | 1.41x | GBX-473.57K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-382.11K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-1.74 Million |
| 2025 | -2495.33% | 0.00% | 0.00x | 3.69x | GBX-14.24 Million |
Industry Comparison
This section compares Harena Rare Earths 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: $17,763,184
- Average return on equity (ROE) among peers: -2584.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harena Rare Earths Plc (HREE) | GBX-1.63 Million | -112.18% | N/A | $4.87 |
| First Tin PLC (1SN) | $13.67 Million | -54.66% | 0.01x | $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 |