Technology Minerals PLC
Technology Minerals Plc operates as a mineral exploration company in Ireland, Spain, Cameroon, and the United States. It explores for cobalt, copper, lithium, nickel, manganese, and rare earth deposits. Technology Minerals Plc was incorporated in 2021 and is based in London, the United Kingdom.
Technology Minerals PLC (TM1) - Net Assets
Latest net assets as of December 2024: GBX16.32 Million GBX
Based on the latest financial reports, Technology Minerals PLC (TM1) has net assets worth GBX16.32 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 (GBX23.60 Million) and total liabilities (GBX7.28 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 | GBX16.32 Million |
| % of Total Assets | 69.17% |
| Annual Growth Rate | -9.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.61 |
Technology Minerals PLC - Net Assets Trend (2021–2024)
This chart illustrates how Technology Minerals 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 Technology Minerals PLC (2021–2024)
The table below shows the annual net assets of Technology Minerals PLC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX15.35 Million | -29.19% |
| 2023-06-30 | GBX21.68 Million | +3.30% |
| 2022-06-30 | GBX20.99 Million | +0.05% |
| 2021-06-30 | GBX20.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Technology Minerals 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 1158000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.61 Million | 10.49% |
| Other Comprehensive Income | GBX3.41 Million | 22.24% |
| Other Components | GBX22.29 Million | 145.28% |
| Total Equity | GBX15.34 Million | 100.00% |
Technology Minerals PLC Competitors by Market Cap
The table below lists competitors of Technology Minerals PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluebird Merchant Ventures Ltd
LSE:BMV
|
$306.26 |
|
ENZON PHARM - Dusseldorf Stock Exchang
DU:EZ1
|
$306.65 |
|
Global Ferronickel Holdings Inc
PSE:FNI
|
$307.09 |
|
PINE TECH HLDGS
BE:PNY
|
$307.23 |
|
NATURAL COOL
MU:N7E
|
$305.83 |
|
MAGNUM MINING & EXP
BE:M8Z
|
$305.80 |
|
Skin Laboratory PCL
BK:SKIN
|
$305.26 |
|
REC SILICON - Dusseldorf Stock Exchang
DU:R3Q
|
$304.79 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technology Minerals PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,667,000 to 15,339,000, a change of -6,328,000 (-29.2%).
- Net loss of 6,628,000 reduced equity.
- New share issuances of 133,000 increased equity.
- Other comprehensive income decreased equity by 333,000.
- Other factors increased equity by 500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-6.63 Million | -43.21% |
| Share Issuances | GBX133.00K | +0.87% |
| Other Comprehensive Income | GBX-333.00K | -2.17% |
| Other Changes | GBX500.00K | +3.26% |
| Total Change | GBX- | -29.21% |
Book Value vs Market Value Analysis
This analysis compares Technology Minerals 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: 8.96x
- 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 5.20x to 8.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | GBX0.02 | GBX0.09 | x |
| 2022-06-30 | GBX0.02 | GBX0.09 | x |
| 2023-06-30 | GBX0.02 | GBX0.09 | x |
| 2024-06-30 | GBX0.01 | GBX0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technology Minerals 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): -43.21%
- 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: 1.54x
- Recent ROE (-43.21%) is below the historical average (-17.90%), 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 | -1.84% | 0.00% | 0.00x | 1.03x | GBX-2.48 Million |
| 2022 | -8.50% | 0.00% | 0.00x | 1.17x | GBX-3.88 Million |
| 2023 | -18.04% | 0.00% | 0.00x | 1.10x | GBX-6.07 Million |
| 2024 | -43.21% | 0.00% | 0.00x | 1.54x | GBX-8.16 Million |
Industry Comparison
This section compares Technology Minerals 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 |
|---|---|---|---|---|
| Technology Minerals PLC (TM1) | GBX16.32 Million | -1.84% | 0.45x | $306.00 |
| 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 |