Philex Mining Corporation
Philex Mining Corporation, together with its subsidiaries, engages in the exploration, development, and utilization of mineral resources in the Philippines. It primarily explores for gold, copper, and silver deposits. The company was incorporated in 1955 and is headquartered in Mandaluyong City, the Philippines.
Philex Mining Corporation (PXMFF) - Total Assets
Latest total assets as of September 2025: $55.87 Billion USD
Based on the latest financial reports, Philex Mining Corporation (PXMFF) holds total assets worth $55.87 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Philex Mining Corporation - Total Assets Trend (2005–2024)
This chart illustrates how Philex Mining Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Philex Mining Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Philex Mining Corporation's total assets of $55.87 Billion consist of 13.2% current assets and 86.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.6% |
| Accounts Receivable | $1.26 Billion | 2.4% |
| Inventory | $952.36 Million | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Philex Mining Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Philex Mining Corporation's current assets represent 13.2% of total assets in 2024, a decrease from 31.3% in 2005.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2024, down from 11.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Philex Mining Corporation Competitors by Total Assets
Key competitors of Philex Mining Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Philex Mining Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Philex Mining Corporation generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Philex Mining Corporation generates $ 1.52 in net profit.
Philex Mining Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.75 | 1.47 | 0.82 |
| Quick Ratio | 0.42 | 1.22 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.80 Billion | $ 2.88 Billion | $ -776.18 Million |
Philex Mining Corporation - Advanced Valuation Insights
This section examines the relationship between Philex Mining Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.74 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 17.3% |
| Total Assets | $53.27 Billion |
| Market Capitalization | $320.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Philex Mining Corporation's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Philex Mining Corporation's assets grew by 17.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Philex Mining Corporation (2005–2024)
The table below shows the annual total assets of Philex Mining Corporation from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $53.27 Billion | +17.31% |
| 2023-12-31 | $45.41 Billion | +4.98% |
| 2022-12-31 | $43.26 Billion | +3.35% |
| 2021-12-31 | $41.86 Billion | +7.49% |
| 2020-12-31 | $38.94 Billion | +2.75% |
| 2019-12-31 | $37.90 Billion | -6.91% |
| 2018-12-31 | $40.71 Billion | +2.60% |
| 2017-12-31 | $39.68 Billion | +2.63% |
| 2016-12-31 | $38.66 Billion | -11.22% |
| 2015-12-31 | $43.55 Billion | -2.44% |
| 2014-12-31 | $44.64 Billion | +11.91% |
| 2013-12-31 | $39.89 Billion | +35.65% |
| 2012-12-31 | $29.41 Billion | -9.39% |
| 2011-12-31 | $32.45 Billion | +26.51% |
| 2010-12-31 | $25.65 Billion | +19.99% |
| 2009-12-31 | $21.38 Billion | +5.18% |
| 2008-12-31 | $20.33 Billion | +86.39% |
| 2007-12-31 | $10.90 Billion | +36.03% |
| 2006-12-31 | $8.02 Billion | +24.82% |
| 2005-12-31 | $6.42 Billion | -- |