Magnis Resources Limited
Magnis Resources Limited operates in Diversified Metals & Mining.
Magnis Resources Limited (U1P) - Net Assets
Latest net assets as of June 2023: €-1.16 Million EUR
Based on the latest financial reports, Magnis Resources Limited (U1P) has net assets worth €-1.16 Million EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€203.86 Million) and total liabilities (€205.02 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 | €-1.16 Million |
| % of Total Assets | -0.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.84% |
| 10-Year Change | N/A |
| Growth Volatility | 80.19 |
Magnis Resources Limited - Net Assets Trend (2016–2023)
This chart illustrates how Magnis Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magnis Resources Limited (2016–2023)
The table below shows the annual net assets of Magnis Resources Limited from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | €-1.16 Million | -102.50% |
| 2022-06-30 | €46.56 Million | -31.03% |
| 2021-06-30 | €67.50 Million | +174.12% |
| 2020-06-30 | €24.62 Million | +2.51% |
| 2019-06-30 | €24.02 Million | +51.71% |
| 2018-06-30 | €15.83 Million | +34.48% |
| 2017-06-30 | €11.77 Million | +71.50% |
| 2016-06-30 | €6.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magnis Resources Limited'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 19965260900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €274.16 Million | % |
| Total Equity | €-13.24 Million | 100.00% |
Magnis Resources Limited Competitors by Market Cap
The table below lists competitors of Magnis Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BUMI RES MIN
MU:BUR
|
$406.42 |
|
Bang Holdings Corp
PINK:BXNG
|
$406.52 |
|
STRATEGIC MINER. LS -001
F:24S
|
$406.72 |
|
Indochine Import Export Investment Industrial JSC
VN:DDG
|
$407.56 |
|
AB International Group Corp
PINK:ABQQ
|
$405.91 |
|
Getech Group
LSE:GTC
|
$405.88 |
|
AMAX HOLDINGS
MU:MFNC
|
$405.70 |
|
Yasheng Group
PINK:HERB
|
$405.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magnis Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 45,442,907 to -13,236,227, a change of -58,679,134 (-129.1%).
- Net loss of 57,073,989 reduced equity.
- Share repurchases of 1,415,000 reduced equity.
- New share issuances of 26,598,262 increased equity.
- Other factors decreased equity by 26,788,407.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-57.07 Million | -431.2% |
| Share Repurchases | €1.42 Million | -10.69% |
| Share Issuances | €26.60 Million | +200.95% |
| Other Changes | €-26.79 Million | -202.39% |
| Total Change | €- | -129.13% |
Book Value vs Market Value Analysis
This analysis compares Magnis Resources Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.02 | €0.04 | x |
| 2018-06-30 | €0.03 | €0.04 | x |
| 2019-06-30 | €0.04 | €0.04 | x |
| 2020-06-30 | €0.03 | €0.04 | x |
| 2021-06-30 | €0.06 | €0.04 | x |
| 2022-06-30 | €0.05 | €0.04 | x |
| 2023-06-30 | €-0.01 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magnis Resources Limited 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-63.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -175.19% | 0.00% | 0.00x | 1.10x | €-12.71 Million |
| 2017 | -82.87% | 0.00% | 0.00x | 1.12x | €-10.93 Million |
| 2018 | -34.22% | 0.00% | 0.00x | 1.07x | €-7.00 Million |
| 2019 | -23.10% | 0.00% | 0.00x | 1.03x | €-7.95 Million |
| 2020 | -37.12% | -35193.84% | 0.00x | 1.44x | €-8.86 Million |
| 2021 | -23.05% | 0.00% | 0.00x | 2.78x | €-16.27 Million |
| 2022 | -135.77% | -3084890950.00% | 0.00x | 5.03x | €-66.24 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-55.75 Million |
Industry Comparison
This section compares Magnis Resources Limited's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magnis Resources Limited (U1P) | €-1.16 Million | -175.19% | N/A | $406.29 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |