SRSSF
S2 Resources Ltd engages in the exploration and evaluation of mineral properties in Australia and Finland. It primarily explores for gold, nickel, copper, base metals, palladium, and platinum-group elements deposits. S2 Resources Ltd was incorporated in 2015 and is based in Darch, Australia.
SRSSF (SRSSF) - Net Assets
Latest net assets as of June 2025: $9.12 Million USD
Based on the latest financial reports, SRSSF (SRSSF) has net assets worth $9.12 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.07 Million) and total liabilities ($948.84K). 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 | $9.12 Million |
| % of Total Assets | 90.58% |
| Annual Growth Rate | -0.56% |
| 5-Year Change | -41.68% |
| 10-Year Change | N/A |
| Growth Volatility | 34.72 |
SRSSF - Net Assets Trend (2020–2025)
This chart illustrates how SRSSF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SRSSF (2020–2025)
The table below shows the annual net assets of SRSSF from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $9.12 Million | +12.73% |
| 2024-06-30 | $8.09 Million | -8.91% |
| 2023-06-30 | $8.88 Million | -10.65% |
| 2022-06-30 | $9.94 Million | -36.44% |
| 2021-06-30 | $15.64 Million | +66.75% |
| 2020-06-30 | $9.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SRSSF'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 2658296700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $83.22 Million | 912.62% |
| Total Equity | $9.12 Million | 100.00% |
SRSSF Competitors by Market Cap
The table below lists competitors of SRSSF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LS Invest AG
HM:IFA
|
$32.24 Million |
|
Sarla Performance Fibers Limited
NSE:SARLAPOLY
|
$32.24 Million |
|
Fenerbahce Futbol AS
IS:FENER
|
$32.25 Million |
|
Keskisuomalainen Oyj
HE:KSL
|
$32.25 Million |
|
Schoolblazer Limited
AU:SBZ
|
$32.19 Million |
|
Aksu Enerji ve Ticaret AS
IS:AKSUE
|
$32.18 Million |
|
PT Mandiri Herindo Adiperkasa Tbk
JK:MAHA
|
$32.18 Million |
|
Taiwan Pelican Express Co Ltd
TW:2642
|
$32.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SRSSF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,089,045 to 9,119,169, a change of 1,030,124 (12.7%).
- Net loss of 2,589,312 reduced equity.
- Share repurchases of 160,168 reduced equity.
- New share issuances of 2,890,000 increased equity.
- Other factors increased equity by 889,604.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.59 Million | -28.39% |
| Share Repurchases | $160.17K | -1.76% |
| Share Issuances | $2.89 Million | +31.69% |
| Other Changes | $889.60K | +9.76% |
| Total Change | $- | 12.73% |
Book Value vs Market Value Analysis
This analysis compares SRSSF'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: 4.71x
- 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 2.30x to 4.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.04 | $0.09 | x |
| 2021-06-30 | $0.05 | $0.09 | x |
| 2022-06-30 | $0.03 | $0.09 | x |
| 2023-06-30 | $0.02 | $0.09 | x |
| 2024-06-30 | $0.02 | $0.09 | x |
| 2025-06-30 | $0.02 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SRSSF 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): -28.39%
- 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: 1.10x
- Recent ROE (-28.39%) is above the historical average (-67.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -79.72% | 0.00% | 0.00x | 1.06x | $-8.41 Million |
| 2021 | -46.27% | 0.00% | 0.00x | 1.07x | $-8.80 Million |
| 2022 | -74.11% | 0.00% | 0.00x | 1.06x | $-8.36 Million |
| 2023 | -76.07% | 0.00% | 0.00x | 1.09x | $-7.64 Million |
| 2024 | -101.26% | 0.00% | 0.00x | 1.11x | $-9.00 Million |
| 2025 | -28.39% | 0.00% | 0.00x | 1.10x | $-3.50 Million |
Industry Comparison
This section compares SRSSF'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SRSSF (SRSSF) | $9.12 Million | -79.72% | 0.10x | $32.19 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |