Syrah Resources Limited
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company's flagship project is the Balama graphite; and vanadium project located in Cabo Delgado Province, Mozambique. It also involved in th… Read more
Syrah Resources Limited (SRHYY) - Net Assets
Latest net assets as of June 2025: $486.37 Million USD
Based on the latest financial reports, Syrah Resources Limited (SRHYY) has net assets worth $486.37 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 ($1.02 Billion) and total liabilities ($533.96 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 | $486.37 Million |
| % of Total Assets | 47.67% |
| Annual Growth Rate | 30.01% |
| 5-Year Change | -17.02% |
| 10-Year Change | 50.97% |
| Growth Volatility | 199.51 |
Syrah Resources Limited - Net Assets Trend (2007–2024)
This chart illustrates how Syrah 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 Syrah Resources Limited (2007–2024)
The table below shows the annual net assets of Syrah Resources Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $382.23 Million | -26.24% |
| 2023-12-31 | $518.21 Million | -19.80% |
| 2022-12-31 | $646.14 Million | +60.60% |
| 2021-12-31 | $402.33 Million | -12.65% |
| 2020-12-31 | $460.61 Million | -7.98% |
| 2019-12-31 | $500.55 Million | -20.85% |
| 2018-12-31 | $632.40 Million | +25.98% |
| 2017-12-31 | $502.00 Million | +61.54% |
| 2016-12-31 | $310.75 Million | +22.74% |
| 2015-12-31 | $253.17 Million | +352.92% |
| 2014-12-31 | $55.90 Million | -20.21% |
| 2013-12-31 | $70.05 Million | +106.87% |
| 2012-12-31 | $33.86 Million | +78.79% |
| 2011-12-31 | $18.94 Million | +791.49% |
| 2010-12-31 | $2.12 Million | +2.50% |
| 2009-12-31 | $2.07 Million | -14.06% |
| 2008-12-31 | $2.41 Million | -45.34% |
| 2007-12-31 | $4.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Syrah 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 54724800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $940.09 Million | 245.54% |
| Other Comprehensive Income | $-9.83 Million | -2.57% |
| Total Equity | $382.87 Million | 100.00% |
Syrah Resources Limited Competitors by Market Cap
The table below lists competitors of Syrah Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Axiomtek Co Ltd
TWO:3088
|
$166.88 Million |
|
TriSalus Life Sciences Inc.
NASDAQ:TLSI
|
$166.89 Million |
|
Rana Gruber AS
OL:RANA
|
$166.92 Million |
|
Kocaer Celik Sanayi ve Ticaret A.S.
IS:KCAER
|
$166.94 Million |
|
Taihan Fiber Optics Co. Ltd
KQ:010170
|
$166.79 Million |
|
EST Tools Co Ltd
SHE:300488
|
$166.74 Million |
|
Seaport Entertainment Group Inc.
NYSE MKT:SEG
|
$166.73 Million |
|
BREDBAND2 I SKAND.SK0025
F:2DZ
|
$166.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Syrah Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 516,787,572 to 382,866,000, a change of -133,921,572 (-25.9%).
- Net loss of 125,291,000 reduced equity.
- Share repurchases of 2,045,000 reduced equity.
- New share issuances of 64,145,000 increased equity.
- Other comprehensive income increased equity by 20,394,721.
- Other factors decreased equity by 91,125,293.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-125.29 Million | -32.72% |
| Share Repurchases | $2.04 Million | -0.53% |
| Share Issuances | $64.14 Million | +16.75% |
| Other Comprehensive Income | $20.39 Million | +5.33% |
| Other Changes | $-91.13 Million | -23.8% |
| Total Change | $- | -25.91% |
Book Value vs Market Value Analysis
This analysis compares Syrah 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: 0.42x
- 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 decreased from 13.02x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.01 | $0.18 | x |
| 2007-12-31 | $0.01 | $0.18 | x |
| 2008-12-31 | $0.01 | $0.18 | x |
| 2009-12-31 | $0.00 | $0.18 | x |
| 2010-12-31 | $0.00 | $0.18 | x |
| 2011-12-31 | $0.04 | $0.18 | x |
| 2012-12-31 | $0.08 | $0.18 | x |
| 2013-12-31 | $0.16 | $0.18 | x |
| 2014-12-31 | $0.10 | $0.18 | x |
| 2015-12-31 | $0.59 | $0.18 | x |
| 2016-12-31 | $0.73 | $0.18 | x |
| 2017-12-31 | $1.17 | $0.18 | x |
| 2018-12-31 | $1.48 | $0.18 | x |
| 2019-12-31 | $1.28 | $0.18 | x |
| 2020-12-31 | $1.00 | $0.18 | x |
| 2021-12-31 | $0.80 | $0.18 | x |
| 2022-12-31 | $0.98 | $0.18 | x |
| 2023-12-31 | $0.75 | $0.18 | x |
| 2024-12-31 | $0.42 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Syrah 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): -32.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -397.55%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.81x
- Recent ROE (-32.72%) is below the historical average (-21.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -28.09% | 0.00% | 0.00x | 1.01x | $-1.68 Million |
| 2008 | -54.33% | 0.00% | 0.00x | 1.01x | $-1.55 Million |
| 2009 | -55.47% | 0.00% | 0.00x | 1.12x | $-1.36 Million |
| 2010 | -49.59% | 0.00% | 0.00x | 1.08x | $-1.27 Million |
| 2011 | -11.14% | -2911.07% | 0.00x | 1.04x | $-4.00 Million |
| 2012 | -12.83% | -107931.65% | 0.00x | 1.02x | $-7.73 Million |
| 2013 | -9.07% | -1550.31% | 0.01x | 1.01x | $-13.36 Million |
| 2014 | -20.62% | -3014.36% | 0.01x | 1.37x | $-13.25 Million |
| 2015 | -2.57% | -815.34% | 0.00x | 1.04x | $-31.83 Million |
| 2016 | -6.27% | -1095.50% | 0.01x | 1.06x | $-50.57 Million |
| 2017 | -3.20% | -956.40% | 0.00x | 1.07x | $-66.26 Million |
| 2018 | -6.14% | -3214.52% | 0.00x | 1.11x | $-102.04 Million |
| 2019 | -37.53% | -180.85% | 0.17x | 1.23x | $-237.91 Million |
| 2020 | -14.11% | -434.99% | 0.02x | 1.30x | $-104.00 Million |
| 2021 | -18.12% | -179.70% | 0.07x | 1.49x | $-111.48 Million |
| 2022 | -6.14% | -25.28% | 0.19x | 1.31x | $-103.70 Million |
| 2023 | -24.21% | -178.74% | 0.07x | 1.99x | $-176.80 Million |
| 2024 | -32.72% | -397.55% | 0.05x | 1.81x | $-163.58 Million |
Industry Comparison
This section compares Syrah 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 |
|---|---|---|---|---|
| Syrah Resources Limited (SRHYY) | $486.37 Million | -28.09% | 1.10x | $166.85 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 |