Lithium Universe Limited
Lithium Universe Limited focuses on operating as a mineral exploration and development company. Its flagship project is the Apollo lithium project located in the James Bay region of Québec, Canada. The company was formerly known as Mogul Games Group Ltd and changed its name to Lithium Universe Limited in July 2023. The company was incorporated in 2011 and is based in Osborne Park, Australia.
Lithium Universe Limited (LUVSF) - Net Assets
Latest net assets as of December 2024: $3.69 Million USD
Based on the latest financial reports, Lithium Universe Limited (LUVSF) has net assets worth $3.69 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 ($6.51 Million) and total liabilities ($2.82 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 | $3.69 Million |
| % of Total Assets | 56.63% |
| Annual Growth Rate | -16.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 109.0 |
Lithium Universe Limited - Net Assets Trend (2021–2024)
This chart illustrates how Lithium Universe 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 Lithium Universe Limited (2021–2024)
The table below shows the annual net assets of Lithium Universe Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.69 Million | -57.72% |
| 2023-12-31 | $8.72 Million | +177.03% |
| 2022-12-31 | $3.15 Million | -50.51% |
| 2021-12-31 | $6.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lithium Universe 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 2060389700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $76.62 Million | 2078.28% |
| Total Equity | $3.69 Million | 100.00% |
Lithium Universe Limited Competitors by Market Cap
The table below lists competitors of Lithium Universe Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nirvana Daii Public Company Limited
BK:NVD
|
$15.88 Million |
|
ASEC International Corporation
TWO:6113
|
$15.88 Million |
|
Telkom
JSE:TKG
|
$15.88 Million |
|
Elevation Oncology Inc
NASDAQ:ELEV
|
$15.88 Million |
|
Libero Copper & Gold Corporation
OTCQB:LBCMF
|
$15.86 Million |
|
KRY
F:KRY
|
$15.85 Million |
|
Far East Gold Ltd
AU:FEG
|
$15.85 Million |
|
Albert David Limited
NSE:ALBERTDAVD
|
$15.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Universe Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,015,131 to 3,686,598, a change of -5,328,533 (-59.1%).
- Net loss of 11,233,056 reduced equity.
- Share repurchases of 485,902 reduced equity.
- New share issuances of 6,412,627 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.23 Million | -304.7% |
| Share Repurchases | $485.90K | -13.18% |
| Share Issuances | $6.41 Million | +173.94% |
| Other Changes | $-22.20K | -0.6% |
| Total Change | $- | -59.11% |
Book Value vs Market Value Analysis
This analysis compares Lithium Universe 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: 5.48x
- 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 0.51x to 5.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.04 | $0.02 | x |
| 2022-12-31 | $0.02 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
| 2024-12-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Universe 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): -304.70%
- 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: 1.77x
- Recent ROE (-304.70%) is below the historical average (-148.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -112.06% | -2722.20% | 0.04x | 1.04x | $-7.76 Million |
| 2022 | -115.06% | 0.00% | 0.00x | 1.18x | $-3.94 Million |
| 2023 | -60.49% | 0.00% | 0.00x | 1.04x | $-6.35 Million |
| 2024 | -304.70% | 0.00% | 0.00x | 1.77x | $-11.60 Million |
Industry Comparison
This section compares Lithium Universe 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 |
|---|---|---|---|---|
| Lithium Universe Limited (LUVSF) | $3.69 Million | -112.06% | 0.77x | $15.88 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 |