SRG Mining Inc
Falcon Energy Materials plc engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds 100% interests in the Lola Graphite project that consisting of a mining permit covering an area of 94.38 square kilometers located in the Republic of Guinea, West Africa, as well as operates the Morocco Anode Plant. The company was … Read more
SRG Mining Inc (SRGMF) - Net Assets
Latest net assets as of September 2025: $5.43 Million USD
Based on the latest financial reports, SRG Mining Inc (SRGMF) has net assets worth $5.43 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.07 Million) and total liabilities ($642.06K). 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 | $5.43 Million |
| % of Total Assets | 89.42% |
| Annual Growth Rate | 6.78% |
| 5-Year Change | N/A |
| 10-Year Change | 586.45% |
| Growth Volatility | 149.03 |
SRG Mining Inc - Net Assets Trend (1997–2024)
This chart illustrates how SRG Mining Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SRG Mining Inc (1997–2024)
The table below shows the annual net assets of SRG Mining Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.45 Million | -60.42% |
| 2023-12-31 | $8.71 Million | -18.64% |
| 2022-12-31 | $10.71 Million | +502.95% |
| 2021-12-31 | $1.78 Million | +268.26% |
| 2020-12-31 | $-1.06 Million | +70.71% |
| 2019-12-31 | $-3.60 Million | -183.33% |
| 2018-12-31 | $4.32 Million | -23.17% |
| 2017-12-31 | $5.63 Million | +144.46% |
| 2016-12-31 | $2.30 Million | +358.28% |
| 2015-12-31 | $502.27K | -2.10% |
| 2014-12-31 | $513.06K | +15.43% |
| 2013-12-31 | $444.50K | -9.34% |
| 2012-12-31 | $490.27K | +4.41% |
| 2011-12-31 | $469.54K | -9.80% |
| 2010-12-31 | $520.54K | -11.84% |
| 2009-12-31 | $590.48K | -53.44% |
| 2008-12-31 | $1.27 Million | -58.24% |
| 2007-12-31 | $3.04 Million | -42.23% |
| 2006-12-31 | $5.26 Million | +266.80% |
| 2005-12-31 | $1.43 Million | -7.54% |
| 2004-12-31 | $1.55 Million | -25.39% |
| 2003-12-31 | $2.08 Million | +47.66% |
| 2001-12-31 | $1.41 Million | +23.98% |
| 2000-12-31 | $1.13 Million | -68.96% |
| 1999-12-31 | $3.66 Million | +99.12% |
| 1998-12-31 | $1.84 Million | +213.02% |
| 1997-12-31 | $586.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SRG Mining Inc'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 5310838200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $43.92 Million | 1273.74% |
| Other Components | $12.79 Million | 371.03% |
| Total Equity | $3.45 Million | 100.00% |
SRG Mining Inc Competitors by Market Cap
The table below lists competitors of SRG Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wafangdian Bearing Co Ltd
SHE:200706
|
$24.70 Million |
|
Proteomics International Laboratories Ltd
AU:PIQ
|
$24.70 Million |
|
PLASTIQ.V.LOI.INH.EO -90
F:1R9
|
$24.70 Million |
|
ALXPF
PINK:ALXPF
|
$24.72 Million |
|
Sino Horizon Holdings Ltd
TW:2923
|
$24.68 Million |
|
IDENIX PHARM
MU:NO9
|
$24.66 Million |
|
Alves Kablo San As
IS:ALVES
|
$24.66 Million |
|
Southern Acids (M) Bhd
KLSE:5134
|
$24.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SRG Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,710,053 to 3,447,835, a change of -5,262,218 (-60.4%).
- Net loss of 7,877,789 reduced equity.
- Other factors increased equity by 2,615,571.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.88 Million | -228.49% |
| Other Changes | $2.62 Million | +75.86% |
| Total Change | $- | -60.42% |
Book Value vs Market Value Analysis
This analysis compares SRG Mining Inc'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: 12.49x
- 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 0.21x to 12.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $1.73 | $0.37 | x |
| 1998-12-31 | $3.62 | $0.37 | x |
| 1999-12-31 | $4.69 | $0.37 | x |
| 2000-12-31 | $1.45 | $0.37 | x |
| 2001-12-31 | $1.52 | $0.37 | x |
| 2003-12-31 | $1.29 | $0.37 | x |
| 2004-12-31 | $0.61 | $0.37 | x |
| 2005-12-31 | $0.54 | $0.37 | x |
| 2006-12-31 | $1.34 | $0.37 | x |
| 2007-12-31 | $0.61 | $0.37 | x |
| 2008-12-31 | $0.26 | $0.37 | x |
| 2010-12-31 | $0.10 | $0.37 | x |
| 2011-12-31 | $0.09 | $0.37 | x |
| 2012-12-31 | $0.10 | $0.37 | x |
| 2013-12-31 | $0.09 | $0.37 | x |
| 2014-12-31 | $0.09 | $0.37 | x |
| 2015-12-31 | $0.08 | $0.37 | x |
| 2016-12-31 | $0.09 | $0.37 | x |
| 2017-12-31 | $0.11 | $0.37 | x |
| 2018-12-31 | $0.07 | $0.37 | x |
| 2019-12-31 | $-0.05 | $0.37 | x |
| 2020-12-31 | $-0.01 | $0.37 | x |
| 2021-12-31 | $0.02 | $0.37 | x |
| 2022-12-31 | $0.10 | $0.37 | x |
| 2023-12-31 | $0.08 | $0.37 | x |
| 2024-12-31 | $0.03 | $0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SRG Mining Inc 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): -228.49%
- 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: 1.23x
- Recent ROE (-228.49%) is below the historical average (-52.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -10.35% | -800.95% | 0.01x | 1.88x | $-119.36K |
| 1998 | -4.98% | -133.43% | 0.03x | 1.08x | $-275.07K |
| 1999 | -31.69% | -1627.05% | 0.02x | 1.06x | $-1.52 Million |
| 2000 | -222.18% | -935.74% | 0.23x | 1.03x | $-2.63 Million |
| 2001 | -14.04% | -272.81% | 0.05x | 1.06x | $-338.23K |
| 2003 | 17.54% | 7.65% | 1.00x | 2.30x | $156.57K |
| 2004 | -64.25% | -20.61% | 1.29x | 2.41x | $-1.15 Million |
| 2005 | -8.86% | -3.40% | 1.31x | 2.00x | $-270.20K |
| 2006 | -6.56% | -9.49% | 0.52x | 1.32x | $-870.39K |
| 2007 | -43.78% | -50.14% | 0.73x | 1.20x | $-1.63 Million |
| 2008 | -139.98% | -69.54% | 1.40x | 1.44x | $-1.90 Million |
| 2010 | -13.44% | -6.63% | 1.32x | 1.54x | $-121.99K |
| 2011 | -10.86% | -4.93% | 1.37x | 1.61x | $-97.96K |
| 2012 | 4.23% | 1.97% | 1.78x | 1.21x | $-28.30K |
| 2013 | -10.30% | -4.38% | 1.93x | 1.22x | $-90.22K |
| 2014 | -2.73% | -1.30% | 1.76x | 1.19x | $-65.29K |
| 2015 | -2.92% | -1.39% | 1.77x | 1.19x | $-64.89K |
| 2016 | -32.34% | 0.00% | 0.00x | 1.28x | $-974.68K |
| 2017 | -42.34% | 0.00% | 0.00x | 1.10x | $-2.95 Million |
| 2018 | -237.87% | 0.00% | 0.00x | 1.42x | $-10.72 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.35 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.43 Million |
| 2021 | -150.08% | 0.00% | 0.00x | 2.80x | $-2.84 Million |
| 2022 | -54.82% | 0.00% | 0.00x | 1.09x | $-6.94 Million |
| 2023 | -63.04% | 0.00% | 0.00x | 1.08x | $-6.36 Million |
| 2024 | -228.49% | 0.00% | 0.00x | 1.23x | $-8.22 Million |
Industry Comparison
This section compares SRG Mining Inc'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 |
|---|---|---|---|---|
| SRG Mining Inc (SRGMF) | $5.43 Million | -10.35% | 0.12x | $24.69 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 |