TMK Energy Limited
TMK Energy Limited engages in the exploration and appraisal of coal seam Mongolia. Its flagship asset is the Gurvantes XXXV Coal Seam Gas project covering an area of 8,400 square kilometers located in the South Gobi Desert, Mongolia. The company was formerly known as Tamaska Oil and Gas Limited and changed its name to TMK Energy Limited in February 2022. TMK Energy Limited was incorporated in 200… Read more
TMK Energy Limited (TMKEF) - Net Assets
Latest net assets as of December 2024: $23.73 Million USD
Based on the latest financial reports, TMK Energy Limited (TMKEF) has net assets worth $23.73 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 ($24.36 Million) and total liabilities ($629.36K). 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 | $23.73 Million |
| % of Total Assets | 97.42% |
| Annual Growth Rate | 56.67% |
| 5-Year Change | 725.6% |
| 10-Year Change | N/A |
| Growth Volatility | 104.7 |
TMK Energy Limited - Net Assets Trend (2019–2025)
This chart illustrates how TMK Energy 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 TMK Energy Limited (2019–2025)
The table below shows the annual net assets of TMK Energy Limited from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $23.73 Million | +33.28% |
| 2024-06-30 | $17.81 Million | +295.16% |
| 2022-06-30 | $4.51 Million | +61.36% |
| 2021-06-30 | $2.79 Million | -2.85% |
| 2020-06-30 | $2.87 Million | +79.21% |
| 2019-06-30 | $1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TMK Energy 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 grown by 1300862200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $39.63 Million | 166.97% |
| Total Equity | $23.73 Million | 100.00% |
TMK Energy Limited Competitors by Market Cap
The table below lists competitors of TMK Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New World Resources Limited
PINK:NWCBF
|
$516.36K |
|
Thai Enger Holding Public Company Limited
BK:TIGER
|
$516.38K |
|
Iiot-Oxys Inc
PINK:ITOX
|
$516.62K |
|
Movinn AS
CO:MOVINN
|
$516.79K |
|
CYTOKINETICS
MU:KK3A
|
$515.95K |
|
Ravad Ltd
TA:RAVD
|
$515.42K |
|
Arway Corporation
PINK:ARWYF
|
$515.37K |
|
DUFRY N
MU:D2J
|
$515.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TMK Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,807,021 to 23,732,526, a change of 5,925,505 (33.3%).
- Net loss of 1,377,132 reduced equity.
- Share repurchases of 377,714 reduced equity.
- New share issuances of 7,894,038 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.38 Million | -5.8% |
| Share Repurchases | $377.71K | -1.59% |
| Share Issuances | $7.89 Million | +33.26% |
| Other Changes | $-213.69K | -0.9% |
| Total Change | $- | 33.28% |
Book Value vs Market Value Analysis
This analysis compares TMK Energy 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: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.50x to 1.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.00 | $0.00 | x |
| 2021-06-30 | $0.00 | $0.00 | x |
| 2022-06-30 | $0.00 | $0.00 | x |
| 2024-06-30 | $0.00 | $0.00 | x |
| 2025-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TMK Energy 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): -5.80%
- 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: 1.03x
- Recent ROE (-5.80%) is above the historical average (-52.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -13.05% | -7839.27% | 0.00x | 1.06x | $-369.79K |
| 2020 | -38.12% | -102801.41% | 0.00x | 1.03x | $-1.38 Million |
| 2021 | -20.56% | -53912.21% | 0.00x | 1.04x | $-853.44K |
| 2022 | -220.80% | 0.00% | 0.00x | 1.12x | $-10.40 Million |
| 2024 | -14.56% | 0.00% | 0.00x | 1.03x | $-4.37 Million |
| 2025 | -5.80% | 0.00% | 0.00x | 1.03x | $-3.75 Million |
Industry Comparison
This section compares TMK Energy Limited'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 |
|---|---|---|---|---|
| TMK Energy Limited (TMKEF) | $23.73 Million | -13.05% | 0.03x | $516.36K |
| 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 |