Jindalee Resources Limited
Jindalee Lithium Limited explores and develops mineral properties in the United States and Australia. The company explores for lithium deposits. Its flagship property is 100% owned McDermitt lithium project located west of the town of McDermitt, straddling the Oregon and Nevada border. The company was formerly known as Jindalee Resources Limited and changed its name to Jindalee Lithium Limited in… Read more
Jindalee Resources Limited (JNDAF) - Net Assets
Latest net assets as of June 2024: $18.76 Million USD
Based on the latest financial reports, Jindalee Resources Limited (JNDAF) has net assets worth $18.76 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.42 Million) and total liabilities ($1.66 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 | $18.76 Million |
| % of Total Assets | 91.87% |
| Annual Growth Rate | 22.96% |
| 5-Year Change | 249.07% |
| 10-Year Change | N/A |
| Growth Volatility | 84.76 |
Jindalee Resources Limited - Net Assets Trend (2018–2024)
This chart illustrates how Jindalee 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 Jindalee Resources Limited (2018–2024)
The table below shows the annual net assets of Jindalee Resources Limited from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $18.76 Million | +5.30% |
| 2023-06-30 | $17.82 Million | -2.48% |
| 2022-06-30 | $18.27 Million | +3.77% |
| 2021-06-30 | $17.61 Million | +227.57% |
| 2020-06-30 | $5.37 Million | +17.35% |
| 2019-06-30 | $4.58 Million | -15.61% |
| 2018-06-30 | $5.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jindalee 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 593861800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $29.91 Million | 159.39% |
| Total Equity | $18.76 Million | 100.00% |
Jindalee Resources Limited Competitors by Market Cap
The table below lists competitors of Jindalee Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Engenco Ltd
AU:EGN
|
$8.87 Million |
|
Lammhults Design Group AB (publ)
ST:LAMM-B
|
$8.87 Million |
|
VIP Clothing Limited
NSE:VIPCLOTHNG
|
$8.87 Million |
|
YD More Investments Ltd
TA:MRIN
|
$8.88 Million |
|
SWISS LIFE HLDG N - Dusseldorf Stock Exchang
DU:SLW
|
$8.87 Million |
|
ME Renewable Power Corporation
PINK:MEPW
|
$8.87 Million |
|
Phoenix Materials Co. Ltd
KQ:050090
|
$8.87 Million |
|
Copperwired Public Company Limited
BK:CPW
|
$8.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jindalee Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,818,044 to 18,762,407, a change of 944,363 (5.3%).
- Net loss of 4,687,923 reduced equity.
- New share issuances of 4,055,244 increased equity.
- Other factors increased equity by 1,577,042.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.69 Million | -24.99% |
| Share Issuances | $4.06 Million | +21.61% |
| Other Changes | $1.58 Million | +8.41% |
| Total Change | $- | 5.30% |
Book Value vs Market Value Analysis
This analysis compares Jindalee 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
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.26x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $0.15 | $0.19 | x |
| 2019-06-30 | $0.13 | $0.19 | x |
| 2020-06-30 | $0.14 | $0.19 | x |
| 2021-06-30 | $0.33 | $0.19 | x |
| 2022-06-30 | $0.32 | $0.19 | x |
| 2023-06-30 | $0.31 | $0.19 | x |
| 2024-06-30 | $0.30 | $0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jindalee 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): -24.99%
- 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: 1.09x
- Recent ROE (-24.99%) is below the historical average (-14.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -25.71% | 0.00% | 0.00x | 1.02x | $-1.94 Million |
| 2019 | -22.26% | 0.00% | 0.00x | 1.01x | $-1.48 Million |
| 2020 | -4.67% | 0.00% | 0.00x | 1.03x | $-788.37K |
| 2021 | -2.86% | 0.00% | 0.00x | 1.01x | $-2.26 Million |
| 2022 | -7.92% | 0.00% | 0.00x | 1.03x | $-3.27 Million |
| 2023 | -14.46% | 0.00% | 0.00x | 1.03x | $-4.36 Million |
| 2024 | -24.99% | 0.00% | 0.00x | 1.09x | $-6.56 Million |
Industry Comparison
This section compares Jindalee Resources Limited'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 |
|---|---|---|---|---|
| Jindalee Resources Limited (JNDAF) | $18.76 Million | -25.71% | 0.09x | $8.87 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 |