Greatland Gold plc
Greatland Gold plc, together with its subsidiaries, explores for and develops precious and base metals in Australia. It explores for gold, copper, and nickel deposits. The company's flagship project is the 30% owned Havieron gold-copper project, covering an area of 38 square kilometers located in the Paterson province of Western Australia. Greatland Gold plc was incorporated in 2005 and is based … Read more
Greatland Gold plc (GRLGF) - Net Assets
Latest net assets as of December 2024: $491.54 Million USD
Based on the latest financial reports, Greatland Gold plc (GRLGF) has net assets worth $491.54 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($806.39 Million) and total liabilities ($314.85 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 | $491.54 Million |
| % of Total Assets | 60.96% |
| Annual Growth Rate | 20.54% |
| 5-Year Change | 669.1% |
| 10-Year Change | 4432643.09% |
| Growth Volatility | 28180.65 |
Greatland Gold plc - Net Assets Trend (2006–2024)
This chart illustrates how Greatland Gold plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Greatland Gold plc (2006–2024)
The table below shows the annual net assets of Greatland Gold plc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $40.95 Million | -21.96% |
| 2023-06-30 | $52.48 Million | +816.55% |
| 2022-06-30 | $5.73 Million | +37.80% |
| 2021-06-30 | $4.15 Million | -21.97% |
| 2020-06-30 | $5.33 Million | +123078.55% |
| 2019-06-30 | $4.32K | +1.33% |
| 2018-06-30 | $4.27K | +177.94% |
| 2017-06-30 | $1.53K | +23.39% |
| 2016-06-30 | $1.24K | +34.64% |
| 2015-06-30 | $923.92 | -28.59% |
| 2014-06-30 | $1.29K | -99.91% |
| 2013-06-30 | $1.40 Million | -26.57% |
| 2012-06-30 | $1.91 Million | -12.13% |
| 2011-06-30 | $2.17 Million | -6.30% |
| 2010-06-30 | $2.32 Million | +0.35% |
| 2009-06-30 | $2.31 Million | -4.82% |
| 2008-06-30 | $2.43 Million | +35.57% |
| 2007-06-30 | $1.79 Million | +26.22% |
| 2006-06-30 | $1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greatland Gold plc'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 7162900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.09 Million | 12.43% |
| Other Comprehensive Income | $36.52 Million | 89.18% |
| Other Components | $71.00 Million | 173.36% |
| Total Equity | $40.95 Million | 100.00% |
Greatland Gold plc Competitors by Market Cap
The table below lists competitors of Greatland Gold plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
$1.25 Billion |
|
Emerald Resources NL
PINK:EOGSF
|
$1.25 Billion |
|
Shenzhen Mason Technologies Co Ltd
SHE:002654
|
$1.25 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
$1.25 Billion |
|
JYP Entertainment Corporation
KQ:035900
|
$1.25 Billion |
|
flatexDEGIRO AG
PINK:FNNTF
|
$1.25 Billion |
|
TerraVest Industries Inc
PINK:TRRVF
|
$1.25 Billion |
|
Shanghai Bairun Flavor & Fragrance Co Ltd
SHE:002568
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greatland Gold plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,478,000 to 40,955,000, a change of -11,523,000 (-22.0%).
- Net loss of 14,870,000 reduced equity.
- New share issuances of 199,000 increased equity.
- Other comprehensive income increased equity by 3,114,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.87 Million | -36.31% |
| Share Issuances | $199.00K | +0.49% |
| Other Comprehensive Income | $3.11 Million | +7.61% |
| Other Changes | $33.00K | +0.08% |
| Total Change | $- | -21.96% |
Book Value vs Market Value Analysis
This analysis compares Greatland Gold plc'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: 18.75x
- 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 1.28x to 18.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | $0.12 | $0.15 | x |
| 2007-06-30 | $0.02 | $0.15 | x |
| 2008-06-30 | $0.01 | $0.15 | x |
| 2009-06-30 | $0.01 | $0.15 | x |
| 2010-06-30 | $0.01 | $0.15 | x |
| 2011-06-30 | $0.01 | $0.15 | x |
| 2012-06-30 | $0.01 | $0.15 | x |
| 2013-06-30 | $0.00 | $0.15 | x |
| 2014-06-30 | $0.00 | $0.15 | x |
| 2015-06-30 | $0.00 | $0.15 | x |
| 2016-06-30 | $0.00 | $0.15 | x |
| 2017-06-30 | $0.00 | $0.15 | x |
| 2018-06-30 | $0.00 | $0.15 | x |
| 2019-06-30 | $0.00 | $0.15 | x |
| 2020-06-30 | $0.00 | $0.15 | x |
| 2021-06-30 | $0.00 | $0.15 | x |
| 2022-06-30 | $0.00 | $0.15 | x |
| 2023-06-30 | $0.01 | $0.15 | x |
| 2024-06-30 | $0.01 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greatland Gold plc 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): -36.31%
- 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: 2.20x
- Recent ROE (-36.31%) is above the historical average (-23023.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -1.97% | 0.00% | 0.00x | 1.16x | $-169.90K |
| 2007 | -31.32% | -9350.00% | 0.00x | 1.05x | $-740.10K |
| 2008 | -18.57% | 0.00% | 0.00x | 1.04x | $-693.80K |
| 2009 | -15.40% | 0.00% | 0.00x | 1.04x | $-587.10K |
| 2010 | -26.61% | 0.00% | 0.00x | 1.09x | $-848.90K |
| 2011 | -23.29% | 0.00% | 0.00x | 1.02x | $-723.30K |
| 2012 | -30.94% | 0.00% | 0.00x | 1.02x | $-781.76K |
| 2013 | -30.12% | 0.00% | 0.00x | 1.02x | $-562.44K |
| 2014 | -66796.77% | 0.00% | 0.00x | 1.15x | $-864.40K |
| 2015 | -116654.11% | 0.00% | 0.00x | 1.19x | $-1.08 Million |
| 2016 | -53288.45% | 0.00% | 0.00x | 1.05x | $-663.03K |
| 2017 | -81469.07% | 0.00% | 0.00x | 1.08x | $-1.25 Million |
| 2018 | -43047.02% | 0.00% | 0.00x | 1.16x | $-1.84 Million |
| 2019 | -75510.05% | 0.00% | 0.00x | 1.15x | $-3.26 Million |
| 2020 | -96.62% | 0.00% | 0.00x | 1.25x | $-5.68 Million |
| 2021 | -132.85% | 0.00% | 0.00x | 5.78x | $-5.94 Million |
| 2022 | -198.51% | 0.00% | 0.00x | 9.65x | $-11.94 Million |
| 2023 | -40.25% | 0.00% | 0.00x | 2.00x | $-26.37 Million |
| 2024 | -36.31% | 0.00% | 0.00x | 2.20x | $-18.97 Million |
Industry Comparison
This section compares Greatland Gold plc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greatland Gold plc (GRLGF) | $491.54 Million | -1.97% | 0.64x | $1.25 Billion |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |