Asiamet Resources Ltd
Asiamet Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Indonesia. The company explores for copper, gold, zinc, lead, and silver deposits. Its flagship project is the BKM copper project located in Kalimantan. The company was formerly known as Kalimantan Gold Corporation Limited and changed its name to Asiamet Resources Limited… Read more
Asiamet Resources Ltd (KMGLF) - Net Assets
Latest net assets as of June 2025: $354.00K USD
Based on the latest financial reports, Asiamet Resources Ltd (KMGLF) has net assets worth $354.00K USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.20 Million) and total liabilities ($850.00K). 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 | $354.00K |
| % of Total Assets | 29.4% |
| Annual Growth Rate | 3.36% |
| 5-Year Change | N/A |
| 10-Year Change | 159.87% |
| Growth Volatility | 2536.75 |
Asiamet Resources Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Asiamet 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 Asiamet Resources Ltd (2007–2024)
The table below shows the annual net assets of Asiamet Resources Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.74 Million | -45.17% |
| 2023-12-31 | $3.18 Million | -17.33% |
| 2022-12-31 | $3.85 Million | -48.29% |
| 2021-12-31 | $7.44 Million | +1955.71% |
| 2020-12-31 | $-401.00K | -40.21% |
| 2019-12-31 | $-286.00K | -112.91% |
| 2018-12-31 | $2.22 Million | -13.77% |
| 2017-12-31 | $2.57 Million | +62.35% |
| 2016-12-31 | $1.58 Million | +135.88% |
| 2015-12-31 | $671.10K | +645.37% |
| 2014-12-31 | $-123.05K | -118.62% |
| 2013-12-31 | $660.83K | -11.99% |
| 2012-12-31 | $750.86K | +366.86% |
| 2011-12-31 | $160.83K | -75.67% |
| 2010-12-31 | $660.98K | +9833.63% |
| 2009-12-31 | $6.65K | -92.14% |
| 2008-12-31 | $84.65K | -91.49% |
| 2007-12-31 | $994.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asiamet 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 9243600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.73 Million | 1697.60% |
| Other Comprehensive Income | $64.46 Million | 3681.44% |
| Total Equity | $1.75 Million | 100.00% |
Asiamet Resources Ltd Competitors by Market Cap
The table below lists competitors of Asiamet Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Vitec Group plc
PINK:VTEPF
|
$5.78 Million |
|
Aspinwall and Company Limited
NSE:ASPINWALL
|
$5.78 Million |
|
StrikePoint Gold Inc
OTCQB:STKXF
|
$5.79 Million |
|
Nusantara Almazia
JK:NZIA
|
$5.79 Million |
|
Stonehenge Inter Public Company Limited
BK:STI
|
$5.78 Million |
|
Webstar Technology Group Inc
PINK:WBSR
|
$5.78 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$5.77 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asiamet Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,188,000 to 1,751,000, a change of -1,437,000 (-45.1%).
- Net loss of 5,418,000 reduced equity.
- New share issuances of 3,594,000 increased equity.
- Other comprehensive income increased equity by 204,001.
- Other factors increased equity by 182,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.42 Million | -309.42% |
| Share Issuances | $3.59 Million | +205.25% |
| Other Comprehensive Income | $204.00K | +11.65% |
| Other Changes | $183.00K | +10.45% |
| Total Change | $- | -45.08% |
Book Value vs Market Value Analysis
This analysis compares Asiamet 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
- Current price-to-book ratio: 6.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asiamet 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): -309.42%
- 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: 1.63x
- Recent ROE (-309.42%) is below the historical average (-158.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 1.23x | $-99.43K |
| 2008 | 0.00% | 0.00% | 0.00x | 6.21x | $-8.46K |
| 2009 | 0.00% | 0.00% | 0.00x | 101.71x | $-665.40 |
| 2010 | 0.00% | 0.00% | 0.00x | 2.20x | $-66.10K |
| 2011 | 0.00% | 0.00% | 0.10x | 7.51x | $-16.08K |
| 2012 | 8.32% | 8.84% | 0.14x | 6.74x | $-12.60K |
| 2013 | -46.41% | -50.05% | 0.40x | 2.34x | $-372.78K |
| 2014 | 0.00% | -1608.93% | 0.27x | 0.00x | $-750.87K |
| 2015 | -1094.34% | 0.00% | 0.00x | 1.57x | $-7.49 Million |
| 2016 | -238.62% | 0.00% | 0.00x | 1.85x | $-3.95 Million |
| 2017 | -281.10% | 0.00% | 0.00x | 1.47x | $-7.50 Million |
| 2018 | -480.48% | 0.00% | 0.00x | 1.63x | $-10.90 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.24 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.27 Million |
| 2021 | -77.57% | 0.00% | 0.00x | 1.24x | $-6.52 Million |
| 2022 | -179.81% | 0.00% | 0.00x | 1.40x | $-7.32 Million |
| 2023 | -162.45% | 0.00% | 0.00x | 1.37x | $-5.50 Million |
| 2024 | -309.42% | 0.00% | 0.00x | 1.63x | $-5.59 Million |
Industry Comparison
This section compares Asiamet 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 |
|---|---|---|---|---|
| Asiamet Resources Ltd (KMGLF) | $354.00K | 0.00% | 2.40x | $5.78 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 |