Hartshead Resources NL
Hartshead Resources NL engages in the exploration and development of oil and gas properties in the United Kingdom. It primarily holds a 40% interest in the License P2607 comprising five blocks in Quads 48 and 49 on the United Kingdom Continental Shelf, Southern Gas Basin. The company is based in North Perth, Australia.
Hartshead Resources NL (PGNYF) - Net Assets
Latest net assets as of June 2025: $33.53 Million USD
Based on the latest financial reports, Hartshead Resources NL (PGNYF) has net assets worth $33.53 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 ($34.98 Million) and total liabilities ($1.45 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 | $33.53 Million |
| % of Total Assets | 95.86% |
| Annual Growth Rate | 6.19% |
| 5-Year Change | 395.47% |
| 10-Year Change | 753.08% |
| Growth Volatility | 237.83 |
Hartshead Resources NL - Net Assets Trend (2013–2025)
This chart illustrates how Hartshead Resources NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hartshead Resources NL (2013–2025)
The table below shows the annual net assets of Hartshead Resources NL from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $33.53 Million | +0.47% |
| 2024-06-30 | $33.38 Million | -6.04% |
| 2023-06-30 | $35.52 Million | +807.36% |
| 2022-06-30 | $3.91 Million | -42.16% |
| 2021-06-30 | $6.77 Million | +265.70% |
| 2020-06-30 | $1.85 Million | -70.71% |
| 2019-06-30 | $6.32 Million | +29.27% |
| 2018-06-30 | $4.89 Million | -34.87% |
| 2017-06-30 | $7.50 Million | +90.91% |
| 2016-06-30 | $3.93 Million | -54.61% |
| 2015-06-30 | $8.66 Million | -79.03% |
| 2014-06-30 | $41.31 Million | +153.32% |
| 2013-06-30 | $16.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hartshead Resources NL'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 426597500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $42.30 Million | 126.13% |
| Other Comprehensive Income | $4.83 Million | 14.41% |
| Total Equity | $33.53 Million | 100.00% |
Hartshead Resources NL Competitors by Market Cap
The table below lists competitors of Hartshead Resources NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anghami De Inc
NASDAQ:ANGH
|
$4.24 Million |
|
Praxis Home Retail Limited
NSE:PRAXIS
|
$4.24 Million |
|
Ace Oldfields PT
JK:KUAS
|
$4.25 Million |
|
Pursuit Minerals Ltd
AU:PUR
|
$4.25 Million |
|
T.C.J. Asia Public Company Limited
BK:TCJ
|
$4.24 Million |
|
Bhuwanatala Indah Permai Tbk
JK:BIPP
|
$4.24 Million |
|
ICH Co Ltd
KQ:368600
|
$4.24 Million |
|
Lilama 18 JSC
VN:LM8
|
$4.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hartshead Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,375,833 to 33,533,223, a change of 157,390 (0.5%).
- Net loss of 2,263,213 reduced equity.
- Other comprehensive income increased equity by 2,420,603.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.26 Million | -6.75% |
| Other Comprehensive Income | $2.42 Million | +7.22% |
| Total Change | $- | 0.47% |
Book Value vs Market Value Analysis
This analysis compares Hartshead Resources NL'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: 0.17x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | $0.25 | $0.00 | x |
| 2014-06-30 | $0.28 | $0.00 | x |
| 2015-06-30 | $0.06 | $0.00 | x |
| 2016-06-30 | $0.02 | $0.00 | x |
| 2017-06-30 | $0.03 | $0.00 | x |
| 2018-06-30 | $0.02 | $0.00 | x |
| 2019-06-30 | $0.02 | $0.00 | x |
| 2020-06-30 | $0.00 | $0.00 | x |
| 2021-06-30 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.00 | $0.00 | x |
| 2023-06-30 | $0.02 | $0.00 | x |
| 2024-06-30 | $0.01 | $0.00 | x |
| 2025-06-30 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hartshead Resources NL 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): -6.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -105.19%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.04x
- Recent ROE (-6.75%) is above the historical average (-82.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -39.10% | -20035.82% | 0.00x | 1.26x | $-8.01 Million |
| 2014 | 10.93% | 13950.83% | 0.00x | 1.04x | $386.10K |
| 2015 | -191.55% | -55296.67% | 0.00x | 1.13x | $-17.46 Million |
| 2016 | -192.48% | 0.00% | 0.00x | 1.61x | $-7.96 Million |
| 2017 | 49.25% | 0.00% | 0.00x | 1.41x | $2.95 Million |
| 2018 | -60.91% | -4012.13% | 0.01x | 1.86x | $-3.47 Million |
| 2019 | 28.25% | 44625000.00% | 0.00x | 1.12x | $1.15 Million |
| 2020 | -482.63% | 0.00% | 0.00x | 1.30x | $-9.12 Million |
| 2021 | -88.85% | 0.00% | 0.00x | 1.13x | $-6.69 Million |
| 2022 | -93.75% | 0.00% | 0.00x | 1.22x | $-4.06 Million |
| 2023 | 4.27% | 18.65% | 0.21x | 1.08x | $-2.04 Million |
| 2024 | -8.08% | -57.60% | 0.13x | 1.09x | $-6.04 Million |
| 2025 | -6.75% | -105.19% | 0.06x | 1.04x | $-5.62 Million |
Industry Comparison
This section compares Hartshead Resources NL's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hartshead Resources NL (PGNYF) | $33.53 Million | -39.10% | 0.04x | $4.24 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |