Entree Resources Ltd
Entrée Resources Ltd., a mining company, engages in the development and exploration of mineral properties in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold molybdenum deposit located in Mongolia. The company was formerly known as Entrée Gold Inc. and changed its name to Entrée Resources Ltd… Read more
Entree Resources Ltd (ERLFF) - Net Assets
Latest net assets as of June 2025: $-75.07 Million USD
Based on the latest financial reports, Entree Resources Ltd (ERLFF) has net assets worth $-75.07 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 ($7.62 Million) and total liabilities ($82.69 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 | $-75.07 Million |
| % of Total Assets | -984.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 109.24 |
Entree Resources Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Entree Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Entree Resources Ltd (2015–2024)
The table below shows the annual net assets of Entree Resources Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-71.31 Million | -10.35% |
| 2023-12-31 | $-64.62 Million | -12.31% |
| 2022-12-31 | $-57.53 Million | -4.41% |
| 2021-12-31 | $-55.10 Million | -9.75% |
| 2020-12-31 | $-50.21 Million | -6.87% |
| 2019-12-31 | $-46.98 Million | -18.19% |
| 2018-12-31 | $-39.75 Million | -62.31% |
| 2017-12-31 | $-24.49 Million | -225.66% |
| 2016-12-31 | $19.49 Million | -7.18% |
| 2015-12-31 | $21.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Entree Resources Ltd'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 11968000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $217.32 Million | % |
| Total Equity | $-71.31 Million | 100.00% |
Entree Resources Ltd Competitors by Market Cap
The table below lists competitors of Entree Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE
|
$253.43 Million |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$253.48 Million |
|
Jilin Jlu Communication Design Institute Co Ltd
SHE:300597
|
$253.56 Million |
|
Hidrovias do Brasil S.A
SA:HBSA3
|
$253.61 Million |
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322
|
$253.33 Million |
|
Hefei Lifeon Pharmaceutical Co Ltd
SHE:003020
|
$253.32 Million |
|
Traffic Control Technology Co Ltd
SHG:688015
|
$253.28 Million |
|
China Quanjude Group Co Ltd
SHE:002186
|
$253.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Entree Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -64,619,000 to -71,307,000, a change of -6,688,000.
- Net loss of 14,321,000 reduced equity.
- Other factors increased equity by 7,633,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.32 Million | -20.08% |
| Other Changes | $7.63 Million | +10.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Entree Resources Ltd'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 |
|---|---|---|---|
| 2015-12-31 | $0.14 | $1.50 | x |
| 2016-12-31 | $0.13 | $1.50 | x |
| 2017-12-31 | $-0.14 | $1.50 | x |
| 2018-12-31 | $-0.23 | $1.50 | x |
| 2019-12-31 | $-0.27 | $1.50 | x |
| 2020-12-31 | $-0.27 | $1.50 | x |
| 2021-12-31 | $-0.29 | $1.50 | x |
| 2022-12-31 | $-0.29 | $1.50 | x |
| 2023-12-31 | $-0.32 | $1.50 | x |
| 2024-12-31 | $-0.35 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Entree Resources Ltd 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 (-6.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -37.30% | 0.00% | 0.00x | 2.94x | $-9.93 Million |
| 2016 | -23.93% | 0.00% | 0.00x | 2.73x | $-6.61 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-750.10K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.22 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-826.00K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-979.20K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.04 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.31 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.12 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.19 Million |
Industry Comparison
This section compares Entree Resources Ltd'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 |
|---|---|---|---|---|
| Entree Resources Ltd (ERLFF) | $-75.07 Million | -37.30% | N/A | $253.36 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 |