Hillgrove Resources Limited
Hillgrove Resources Limited engages in the operation, exploration, and development of mineral properties in Australia. It explores for copper, gold, and silver deposits. The company's project is the Kanmantoo Copper mine located approximately 55 kilometres from Adelaide, South Australia. Hillgrove Resources Limited was incorporated in 1952 and is headquartered in Unley, Australia.
Hillgrove Resources Limited (HLGVF) - Net Assets
Latest net assets as of June 2025: $60.74 Million USD
Based on the latest financial reports, Hillgrove Resources Limited (HLGVF) has net assets worth $60.74 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 ($132.04 Million) and total liabilities ($71.30 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 | $60.74 Million |
| % of Total Assets | 46.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 79.01% |
| 10-Year Change | 31110.87% |
| Growth Volatility | 11418.12 |
Hillgrove Resources Limited - Net Assets Trend (1992–2024)
This chart illustrates how Hillgrove 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 Hillgrove Resources Limited (1992–2024)
The table below shows the annual net assets of Hillgrove Resources Limited from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $41.57 Million | -24.25% |
| 2023-12-31 | $54.88 Million | +68.51% |
| 2022-12-31 | $32.57 Million | -14.17% |
| 2021-12-31 | $37.94 Million | +63.39% |
| 2020-12-31 | $23.22 Million | -11.69% |
| 2019-12-31 | $26.30 Million | +59393.70% |
| 2018-12-31 | $44.20K | +221.41% |
| 2017-12-31 | $13.75K | -24.36% |
| 2016-12-31 | $18.18K | -86.35% |
| 2015-12-31 | $133.19K | -99.94% |
| 2014-12-31 | $240.25 Million | +8.90% |
| 2012-12-31 | $220.61 Million | +5.04% |
| 2011-12-31 | $210.02 Million | +13.62% |
| 2010-12-31 | $184.84 Million | +12.85% |
| 2009-12-31 | $163.80 Million | +94.47% |
| 2008-12-31 | $84.23 Million | +52.48% |
| 2007-12-31 | $55.24 Million | +42.76% |
| 2006-12-31 | $38.69 Million | +145.33% |
| 2005-12-31 | $15.77 Million | +33.29% |
| 2004-12-31 | $11.83 Million | +645.11% |
| 2003-12-31 | $1.59 Million | +103.82% |
| 2002-12-31 | $-41.52 Million | -5.60% |
| 2001-12-31 | $-39.32 Million | -613.76% |
| 2000-12-31 | $7.65 Million | -50.43% |
| 1999-12-31 | $15.44 Million | +190.85% |
| 1996-12-31 | $5.31 Million | +18.50% |
| 1995-12-31 | $4.48 Million | +31.34% |
| 1994-12-31 | $3.41 Million | -32.29% |
| 1993-12-31 | $5.04 Million | +328.48% |
| 1992-12-31 | $-2.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hillgrove 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 24930600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $302.71 Million | 728.18% |
| Other Comprehensive Income | $32.13 Million | 77.28% |
| Total Equity | $41.57 Million | 100.00% |
Hillgrove Resources Limited Competitors by Market Cap
The table below lists competitors of Hillgrove Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hitron Technologies Inc
TW:2419
|
$106.12 Million |
|
Beacon Lighting Group Ltd
AU:BLX
|
$106.16 Million |
|
Unic Technology
TWO:5452
|
$106.24 Million |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
$106.29 Million |
|
Armata Pharmaceuticals Inc
NYSE MKT:ARMP
|
$105.98 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$105.94 Million |
|
Medallion Metals Ltd
AU:MM8
|
$105.92 Million |
|
Trimegah Securities Tbk
JK:TRIM
|
$105.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hillgrove Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,876,000 to 41,571,000, a change of -13,305,000 (-24.2%).
- Net loss of 24,031,000 reduced equity.
- New share issuances of 9,697,000 increased equity.
- Other comprehensive income increased equity by 962,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-24.03 Million | -57.81% |
| Share Issuances | $9.70 Million | +23.33% |
| Other Comprehensive Income | $962.00K | +2.31% |
| Other Changes | $67.00K | +0.16% |
| Total Change | $- | -24.25% |
Book Value vs Market Value Analysis
This analysis compares Hillgrove 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: 2.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $-116.15 | $0.06 | x |
| 1993-12-31 | $265.38 | $0.06 | x |
| 1994-12-31 | $67.78 | $0.06 | x |
| 1995-12-31 | $50.31 | $0.06 | x |
| 1996-12-31 | $30.73 | $0.06 | x |
| 1998-12-31 | $72.33 | $0.06 | x |
| 1999-12-31 | $21.83 | $0.06 | x |
| 2000-12-31 | $10.82 | $0.06 | x |
| 2001-12-31 | $-55.60 | $0.06 | x |
| 2002-12-31 | $-58.71 | $0.06 | x |
| 2003-12-31 | $0.15 | $0.06 | x |
| 2004-12-31 | $0.79 | $0.06 | x |
| 2005-12-31 | $0.74 | $0.06 | x |
| 2006-12-31 | $1.34 | $0.06 | x |
| 2007-12-31 | $1.65 | $0.06 | x |
| 2008-12-31 | $1.99 | $0.06 | x |
| 2009-12-31 | $2.92 | $0.06 | x |
| 2010-12-31 | $2.51 | $0.06 | x |
| 2011-12-31 | $2.02 | $0.06 | x |
| 2012-12-31 | $1.87 | $0.06 | x |
| 2013-12-31 | $1.52 | $0.06 | x |
| 2014-12-31 | $1.59 | $0.06 | x |
| 2015-12-31 | $0.00 | $0.06 | x |
| 2016-12-31 | $0.00 | $0.06 | x |
| 2017-12-31 | $0.00 | $0.06 | x |
| 2018-12-31 | $0.00 | $0.06 | x |
| 2019-12-31 | $0.04 | $0.06 | x |
| 2020-12-31 | $0.04 | $0.06 | x |
| 2021-12-31 | $0.04 | $0.06 | x |
| 2022-12-31 | $0.03 | $0.06 | x |
| 2023-12-31 | $0.03 | $0.06 | x |
| 2024-12-31 | $0.02 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hillgrove 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): -57.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.38%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.58x
- Recent ROE (-57.81%) is above the historical average (-24315.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 51.29% | 0.00% | 0.00x | 1.87x | $2.08 Million |
| 1994 | -0.03% | 0.00% | 0.00x | 2.07x | $-342.10K |
| 1996 | -59.73% | 0.00% | 0.00x | 1.90x | $-3.70 Million |
| 1998 | -6.12% | 0.00% | 0.00x | 0.00x | $-8.25 Million |
| 1999 | -36.84% | -151.60% | 0.15x | 1.61x | $-7.23 Million |
| 2000 | -101.74% | -126.54% | 0.20x | 3.95x | $-8.55 Million |
| 2001 | 0.00% | -1175.33% | 0.47x | 0.00x | $-43.05 Million |
| 2002 | 0.00% | -99.23% | 0.37x | 0.00x | $1.95 Million |
| 2003 | 2328.26% | 0.00% | 0.00x | 1.11x | $36.82 Million |
| 2004 | -7.61% | 0.00% | 0.00x | 1.11x | $-2.08 Million |
| 2005 | -6.82% | 0.00% | 0.00x | 1.18x | $-2.65 Million |
| 2006 | 28.01% | 0.00% | 0.00x | 1.37x | $6.97 Million |
| 2007 | -8.82% | 0.00% | 0.00x | 1.34x | $-10.39 Million |
| 2008 | 13.53% | 0.00% | 0.00x | 1.68x | $2.96 Million |
| 2009 | 34.08% | 3882.09% | 0.01x | 1.29x | $39.36 Million |
| 2010 | -7.68% | -445.94% | 0.01x | 1.37x | $-32.61 Million |
| 2011 | -3.94% | -71.16% | 0.04x | 1.43x | $-29.25 Million |
| 2012 | -5.08% | -9.71% | 0.34x | 1.52x | $-33.27 Million |
| 2013 | 0.65% | 1.08% | 0.00x | 0.00x | $-21.36 Million |
| 2014 | 1.72% | 2.27% | 0.60x | 1.27x | $-19.89 Million |
| 2015 | -95616.92% | -91.29% | 704.43x | 1.49x | $-127.37 Million |
| 2016 | -600197.99% | -96.47% | 1326.65x | 4.69x | $-109.14 Million |
| 2017 | -102334.04% | -11.08% | 1310.07x | 7.05x | $-14.08 Million |
| 2018 | 66658.37% | 16.36% | 1941.98x | 2.10x | $29.46 Million |
| 2019 | -38.13% | -8.72% | 2.24x | 1.95x | $-12.66 Million |
| 2020 | -25.60% | -29.36% | 0.56x | 1.55x | $-8.27 Million |
| 2021 | -15.43% | 0.00% | 0.00x | 1.35x | $-9.65 Million |
| 2022 | -18.34% | 0.00% | 0.00x | 1.62x | $-9.23 Million |
| 2023 | -29.75% | -310.46% | 0.05x | 1.84x | $-21.81 Million |
| 2024 | -57.81% | -21.38% | 1.05x | 2.58x | $-28.19 Million |
Industry Comparison
This section compares Hillgrove Resources Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hillgrove Resources Limited (HLGVF) | $60.74 Million | 51.29% | 1.17x | $106.02 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |