Pasinex Resources Limited
Pasinex Resources Limited, through its subsidiary, engages in the acquisition, exploration, and development of mineral properties. It explores for zinc, lead, and silver deposits. The company holds 100% interest in the Pinargozu zinc mine; and the Akkaya property located in Adana Province, Turkey. It also holds 51% interest, with an option to increase to an 80% interest in the Gunman project loca… Read more
Pasinex Resources Limited (PSXRF) - Net Assets
Latest net assets as of September 2024: $-195.76K USD
Based on the latest financial reports, Pasinex Resources Limited (PSXRF) has net assets worth $-195.76K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.70 Million) and total liabilities ($3.90 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 | $-195.76K |
| % of Total Assets | -5.29% |
| Annual Growth Rate | -24.78% |
| 5-Year Change | N/A |
| 10-Year Change | -97.0% |
| Growth Volatility | 109.43 |
Pasinex Resources Limited - Net Assets Trend (2013–2023)
This chart illustrates how Pasinex 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 Pasinex Resources Limited (2013–2023)
The table below shows the annual net assets of Pasinex Resources Limited from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $47.97K | -90.72% |
| 2022-12-31 | $517.17K | +146.09% |
| 2021-12-31 | $-1.12 Million | +16.29% |
| 2020-12-31 | $-1.34 Million | -1899.82% |
| 2019-12-31 | $-67.03K | -106.93% |
| 2018-12-31 | $966.57K | -91.51% |
| 2017-12-31 | $11.39 Million | +201.01% |
| 2016-12-31 | $3.78 Million | +90.39% |
| 2015-12-31 | $1.99 Million | +24.43% |
| 2014-12-31 | $1.60 Million | +93.08% |
| 2013-12-31 | $827.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pasinex 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 492241000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.89 Million | 26867.29% |
| Other Comprehensive Income | $-2.23 Million | -4645.40% |
| Total Equity | $47.97K | 100.00% |
Pasinex Resources Limited Competitors by Market Cap
The table below lists competitors of Pasinex Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YANGAROO Inc
PINK:YOOIF
|
$511.39K |
|
FE BATTERY METALS CORP.
F:V95
|
$511.53K |
|
Therapeutic Solutions International Inc
PINK:TSOI
|
$512.27K |
|
Diagonal Bio AB
ST:DIABIO
|
$512.29K |
|
Brand Group (M.G) Ltd
TA:BRND
|
$511.08K |
|
Auxico Resources Canada Inc
PINK:AUXIF
|
$510.69K |
|
BRIT AMER TOBACCO - Dusseldorf Stock Exchang
DU:BMT
|
$510.55K |
|
North Dallas Bank & Trust Co
PINK:NODB
|
$510.45K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pasinex Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 517,173 to 47,971, a change of -469,202 (-90.7%).
- Net loss of 309,768 reduced equity.
- Other comprehensive income decreased equity by 159,434.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-309.77K | -645.74% |
| Other Comprehensive Income | $-159.43K | -332.35% |
| Total Change | $- | -90.72% |
Book Value vs Market Value Analysis
This analysis compares Pasinex 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: 14.46x
- 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 0.06x to 14.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.08 | $0.00 | x |
| 2018-12-31 | $0.01 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pasinex 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): -645.74%
- 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: 63.05x
- Recent ROE (-645.74%) is below the historical average (-119.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -133.47% | 0.00% | 0.00x | 1.34x | $-1.19 Million |
| 2014 | -93.83% | 0.00% | 0.00x | 1.12x | $-1.66 Million |
| 2015 | -34.26% | 0.00% | 0.00x | 1.19x | $-879.51K |
| 2016 | 21.94% | 0.00% | 0.00x | 1.07x | $451.61K |
| 2017 | 51.23% | 0.00% | 0.00x | 1.02x | $4.70 Million |
| 2018 | -872.09% | 0.00% | 0.00x | 2.36x | $-8.53 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.03 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.12 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.47K |
| 2022 | 395.07% | 0.00% | 0.00x | 7.89x | $1.99 Million |
| 2023 | -645.74% | 0.00% | 0.00x | 63.05x | $-314.57K |
Industry Comparison
This section compares Pasinex Resources 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 |
|---|---|---|---|---|
| Pasinex Resources Limited (PSXRF) | $-195.76K | -133.47% | N/A | $511.30K |
| 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 |