Evolution Mining Limited
Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. It also explores for copper and silver deposits. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in S… Read more
Evolution Mining Limited (EVMNY) - Net Assets
Latest net assets as of June 2024: $4.14 Billion USD
Based on the latest financial reports, Evolution Mining Limited (EVMNY) has net assets worth $4.14 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.82 Billion) and total liabilities ($4.68 Billion). 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 | $4.14 Billion |
| % of Total Assets | 46.97% |
| Annual Growth Rate | 17.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.2 |
Evolution Mining Limited - Net Assets Trend (2021–2024)
This chart illustrates how Evolution Mining 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 Evolution Mining Limited (2021–2024)
The table below shows the annual net assets of Evolution Mining Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $4.14 Billion | +25.72% |
| 2023-06-30 | $3.29 Billion | +1.26% |
| 2022-06-30 | $3.25 Billion | +28.37% |
| 2021-06-30 | $2.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evolution Mining 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 grown by 200.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $905.86 Million | 21.87% |
| Other Components | $3.24 Billion | 78.13% |
| Total Equity | $4.14 Billion | 100.00% |
Evolution Mining Limited Competitors by Market Cap
The table below lists competitors of Evolution Mining Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capgemini SE
PINK:CAPMF
|
$23.23 Billion |
|
KBC Group NV
PINK:KBCSF
|
$23.29 Billion |
|
EQT AB
LSE:0AAZ
|
$23.30 Billion |
|
PetroChina Co Ltd Class H
PINK:PCCYF
|
$23.30 Billion |
|
Church & Dwight Company Inc
NYSE:CHD
|
$23.18 Billion |
|
PPG Industries Inc
NYSE:PPG
|
$23.16 Billion |
|
SSE plc
PINK:SSEZF
|
$23.16 Billion |
|
Flex Ltd
NASDAQ:FLEX
|
$23.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evolution Mining Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,294,876,000 to 4,142,196,000, a change of 847,320,000 (25.7%).
- Net income of 422,269,000 contributed positively to equity growth.
- Dividend payments of 76,453,000 reduced retained earnings.
- Share repurchases of 10,248,000 reduced equity.
- New share issuances of 556,743,000 increased equity.
- Other factors decreased equity by 44,991,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $422.27 Million | +10.19% |
| Dividends Paid | $76.45 Million | -1.85% |
| Share Repurchases | $10.25 Million | -0.25% |
| Share Issuances | $556.74 Million | +13.44% |
| Other Changes | $-44.99 Million | -1.09% |
| Total Change | $- | 25.72% |
Book Value vs Market Value Analysis
This analysis compares Evolution Mining 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: 22.07x
- 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 decreased from 31.03x to 22.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $1.48 | $46.03 | x |
| 2022-06-30 | $1.78 | $46.03 | x |
| 2023-06-30 | $1.80 | $46.03 | x |
| 2024-06-30 | $2.09 | $46.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evolution Mining 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): 10.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.78%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.13x
- Recent ROE (10.19%) is above the historical average (9.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.62% | 18.52% | 0.47x | 1.56x | $91.77 Million |
| 2022 | 9.94% | 15.66% | 0.31x | 2.04x | $-2.07 Million |
| 2023 | 4.96% | 7.15% | 0.34x | 2.05x | $-165.98 Million |
| 2024 | 10.19% | 12.78% | 0.37x | 2.13x | $8.05 Million |
Industry Comparison
This section compares Evolution Mining Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $64,325,376
- Average return on equity (ROE) among peers: -10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evolution Mining Limited (EVMNY) | $4.14 Billion | 13.62% | 1.13x | $23.20 Billion |
| Almadex Minerals Ltd (AAMMF) | $12.07 Million | -62.71% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $-384.17K | 0.00% | 0.00x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $34.66 Million | 7.00% | 0.43x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $9.11 Million | -8.65% | 0.10x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $725.00K | -10.41% | 0.01x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $148.06 Million | -5.06% | 0.90x | $105.35 Billion |
| Affinity Gold Corp (AFYG) | $-7.09K | 0.00% | 0.00x | $4.68K |
| Andes Gold Corp (AGCZ) | $6.95 Million | 13.98% | 0.15x | $0.97 |
| Antioquia Gold Inc (AGDXF) | $15.76 Million | -15.80% | 0.03x | $1.44 Million |