Strategic Minerals Plc
Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. It operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets. The company also holds interest in the Leigh Creek copper mine covering 935 square k… Read more
Strategic Minerals Plc (SMCDF) - Net Assets
Latest net assets as of December 2024: $4.97 Million USD
Based on the latest financial reports, Strategic Minerals Plc (SMCDF) has net assets worth $4.97 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 ($8.10 Million) and total liabilities ($3.13 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 | $4.97 Million |
| % of Total Assets | 61.33% |
| Annual Growth Rate | 12.96% |
| 5-Year Change | -63.36% |
| 10-Year Change | 384.96% |
| Growth Volatility | 422.31 |
Strategic Minerals Plc - Net Assets Trend (2010–2024)
This chart illustrates how Strategic Minerals Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Strategic Minerals Plc (2010–2024)
The table below shows the annual net assets of Strategic Minerals Plc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.97 Million | +29.05% |
| 2023-12-31 | $3.85 Million | -70.04% |
| 2022-12-31 | $12.84 Million | -6.77% |
| 2021-12-31 | $13.78 Million | +1.65% |
| 2020-12-31 | $13.55 Million | +35.91% |
| 2019-12-31 | $9.97 Million | +6.97% |
| 2018-12-31 | $9.32 Million | +34.91% |
| 2017-12-31 | $6.91 Million | +155.70% |
| 2016-12-31 | $2.70 Million | +163.87% |
| 2015-12-31 | $1.02 Million | +102.37% |
| 2014-12-31 | $506.00K | -87.58% |
| 2013-12-31 | $4.07 Million | -80.27% |
| 2012-12-31 | $20.65 Million | +31.70% |
| 2011-12-31 | $15.68 Million | +1638.62% |
| 2010-12-31 | $901.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strategic Minerals Plc'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 4412161640.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.92 Million | 58.72% |
| Other Components | $46.45 Million | 935.42% |
| Total Equity | $4.97 Million | 100.00% |
Strategic Minerals Plc Competitors by Market Cap
The table below lists competitors of Strategic Minerals Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Steamships Trading Company Ltd
AU:SST
|
$16.65 Million |
|
OpenSys M Bhd
KLSE:0040
|
$16.66 Million |
|
T Scientific Co.Ltd
KQ:057680
|
$16.66 Million |
|
Good Way Technology Co Ltd
TWO:3272
|
$16.67 Million |
|
Kimia Farma Persero Tbk
JK:KAEF
|
$16.65 Million |
|
Hove AS
CO:HOVE
|
$16.64 Million |
|
Pierre & Vacances
LSE:0OQ0
|
$16.64 Million |
|
Innovative Technology Development Corp
VN:ITD
|
$16.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strategic Minerals Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,848,000 to 4,966,000, a change of 1,118,000 (29.1%).
- Net income of 1,305,000 contributed positively to equity growth.
- Other factors decreased equity by 187,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.30 Million | +26.28% |
| Other Changes | $-187.00K | -3.77% |
| Total Change | $- | 29.05% |
Book Value vs Market Value Analysis
This analysis compares Strategic Minerals Plc'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: 4.06x
- 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 2.43x to 4.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.00 | $0.01 | x |
| 2011-12-31 | $0.06 | $0.01 | x |
| 2012-12-31 | $0.05 | $0.01 | x |
| 2013-12-31 | $0.01 | $0.01 | x |
| 2014-12-31 | $0.00 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.01 | $0.01 | x |
| 2018-12-31 | $0.01 | $0.01 | x |
| 2019-12-31 | $0.01 | $0.01 | x |
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.01 | $0.01 | x |
| 2022-12-31 | $0.01 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
| 2024-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strategic Minerals Plc 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): 26.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.50%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.63x
- Recent ROE (26.28%) is above the historical average (-138.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -31.21% | 0.00% | 0.00x | 1.11x | $-371.55K |
| 2011 | -31.89% | 0.00% | 0.00x | 1.22x | $-6.57 Million |
| 2012 | -34.11% | -116.09% | 0.17x | 1.75x | $-9.11 Million |
| 2013 | -586.28% | -64.12% | 3.78x | 2.42x | $-24.29 Million |
| 2014 | -1132.81% | -94.14% | 5.04x | 2.39x | $-5.78 Million |
| 2015 | -85.94% | -70.29% | 0.75x | 1.62x | $-982.40K |
| 2016 | 12.99% | 22.62% | 0.55x | 1.05x | $80.80K |
| 2017 | 22.96% | 28.11% | 0.70x | 1.16x | $895.10K |
| 2018 | 15.80% | 43.90% | 0.29x | 1.23x | $540.90K |
| 2019 | -12.34% | -36.30% | 0.25x | 1.38x | $-2.23 Million |
| 2020 | 1.58% | 7.07% | 0.21x | 1.06x | $-1.14 Million |
| 2021 | 1.13% | 5.97% | 0.17x | 1.11x | $-1.22 Million |
| 2022 | 0.65% | 3.43% | 0.16x | 1.19x | $-1.20 Million |
| 2023 | -238.80% | -582.69% | 0.24x | 1.72x | $-9.57 Million |
| 2024 | 26.28% | 27.50% | 0.59x | 1.63x | $808.40K |
Industry Comparison
This section compares Strategic Minerals Plc'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 |
|---|---|---|---|---|
| Strategic Minerals Plc (SMCDF) | $4.97 Million | -31.21% | 0.63x | $16.65 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 |