Mila Resources PLC
Mila Resources Plc engages in exploration and development of mineral resource properties. The company explores for gold, lithium, and copper deposits. It holds interest in the Kathleen Valley project that consists of 7.25 square kilometers located in Western Australia. The company was incorporated in 2015 and is based in London, the United Kingdom.
Mila Resources PLC (MILA) - Net Assets
Latest net assets as of December 2024: GBX6.59 Million GBX
Based on the latest financial reports, Mila Resources PLC (MILA) has net assets worth GBX6.59 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 (GBX6.80 Million) and total liabilities (GBX212.62K). 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 | GBX6.59 Million |
| % of Total Assets | 96.87% |
| Annual Growth Rate | 83.34% |
| 5-Year Change | 1522.09% |
| 10-Year Change | N/A |
| Growth Volatility | 577.78 |
Mila Resources PLC - Net Assets Trend (2016–2024)
This chart illustrates how Mila Resources 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 Mila Resources PLC (2016–2024)
The table below shows the annual net assets of Mila Resources PLC from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX6.95 Million | +18.30% |
| 2023-06-30 | GBX5.88 Million | +3493.13% |
| 2022-06-30 | GBX-173.19K | -182.79% |
| 2021-06-30 | GBX209.20K | -51.19% |
| 2020-06-30 | GBX428.57K | 0.00% |
| 2019-06-30 | GBX428.57K | -37.70% |
| 2018-06-30 | GBX687.96K | -25.48% |
| 2017-06-30 | GBX923.23K | +1595.65% |
| 2016-06-30 | GBX54.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mila Resources 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 347554400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX5.42 Million | 77.96% |
| Other Comprehensive Income | GBX539.33K | 7.76% |
| Other Components | GBX4.49 Million | 64.65% |
| Total Equity | GBX6.95 Million | 100.00% |
Mila Resources PLC Competitors by Market Cap
The table below lists competitors of Mila Resources PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CI Capital Holding For Financial Investments
EGX:CICH
|
$1.90K |
|
Groupimo SA
PA:ALIMO
|
$1.90K |
|
Data Agro Ltd
KAR:DAAG
|
$1.90K |
|
Sharkia National Food
EGX:SNFC
|
$1.90K |
|
MEWAH INTL (MWX.SG)
STU:MWX
|
$1.90K |
|
Calcorp Limited
KAR:CASH
|
$1.90K |
|
EnergyPathways plc
LSE:EPP
|
$1.89K |
|
Ingenta plc
LSE:ING
|
$1.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mila Resources PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,876,453 to 6,951,807, a change of 1,075,354 (18.3%).
- Net loss of 686,277 reduced equity.
- New share issuances of 2,000,000 increased equity.
- Other comprehensive income increased equity by 235.
- Other factors decreased equity by 238,604.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-686.28K | -9.87% |
| Share Issuances | GBX2.00 Million | +28.77% |
| Other Comprehensive Income | GBX235.00 | +0.0% |
| Other Changes | GBX-238.60K | -3.43% |
| Total Change | GBX- | 18.30% |
Book Value vs Market Value Analysis
This analysis compares Mila Resources 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: 75.68x
- 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 47.94x to 75.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | GBX0.02 | GBX1.13 | x |
| 2017-06-30 | GBX0.05 | GBX1.13 | x |
| 2018-06-30 | GBX0.03 | GBX1.13 | x |
| 2019-06-30 | GBX0.02 | GBX1.13 | x |
| 2020-06-30 | GBX0.01 | GBX1.13 | x |
| 2021-06-30 | GBX0.01 | GBX1.13 | x |
| 2022-06-30 | GBX0.02 | GBX1.13 | x |
| 2023-06-30 | GBX0.02 | GBX1.13 | x |
| 2024-06-30 | GBX0.01 | GBX1.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mila Resources 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): -9.87%
- 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: 1.04x
- Recent ROE (-9.87%) is above the historical average (-53.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -48.03% | 0.00% | 0.00x | 1.15x | GBX-31.60K |
| 2017 | -14.80% | 0.00% | 0.00x | 1.01x | GBX-228.96K |
| 2018 | -34.20% | 0.00% | 0.00x | 1.03x | GBX-304.06K |
| 2019 | -60.53% | 0.00% | 0.00x | 1.04x | GBX-302.25K |
| 2020 | -104.46% | 0.00% | 0.00x | 2.13x | GBX-239.44K |
| 2021 | -182.79% | 0.00% | 0.00x | 1.41x | GBX-403.31K |
| 2022 | -18.04% | 0.00% | 0.00x | 0.06x | GBX-1.57 Million |
| 2023 | -9.35% | 0.00% | 0.00x | 1.05x | GBX-1.14 Million |
| 2024 | -9.87% | 0.00% | 0.00x | 1.04x | GBX-1.38 Million |
Industry Comparison
This section compares Mila Resources PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mila Resources PLC (MILA) | GBX6.59 Million | -48.03% | 0.03x | $1.90K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |