Asaplus Resources Limited, together with its subsidiaries, engages in the exploration, mining, and marketing of iron ores.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.04|
|52 Week High||AU$0.04|
|52 Week Low||AU$0.10|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-80.00%|
Recent News & Updates
|AJY||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how AJY performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how AJY performed against the Australian Market.
Stable Share Price: Insufficient data to determine AJY's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine AJY's volatility change over the past year.
About the Company
|2012||n/a||Poi Bor Ding||https://www.asaplusresources.com|
Asaplus Resources Limited, together with its subsidiaries, engages in the exploration, mining, and marketing of iron ores. The company operates through Mining, and Trading and Consulting Service segments. It holds interest in the Silverstone and Beikeng mines located in China.
Asaplus Resources Fundamentals Summary
|AJY fundamental statistics|
Is AJY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AJY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0083|
|Net Profit Margin||0.00%|
How did AJY perform over the long term?See historical performance and comparison
Is Asaplus Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AJY (A$0.04) is trading below our estimate of fair value (A$0.14)
Significantly Below Fair Value: AJY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AJY is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: AJY is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AJY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AJY is overvalued based on its PB Ratio (6x) compared to the AU Metals and Mining industry average (2.6x).
How is Asaplus Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Asaplus Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Asaplus Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AJY is currently unprofitable.
Growing Profit Margin: AJY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AJY is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare AJY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AJY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: AJY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Asaplus Resources's financial position?
Financial Position Analysis
Short Term Liabilities: AJY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AJY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AJY is debt free.
Reducing Debt: AJY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AJY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AJY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2% per year.
What is Asaplus Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AJY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AJY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AJY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AJY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AJY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Poi Bor Ding (66 yo)
Mr. Poi Bor Ding has been the Group Managing Director of DKLS Industries Berhad since April 18, 2007 and its Executive Director since November 12, 1996. He is a founding member of DKLS Industries Berhad. M...
Experienced Board: AJY's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Asaplus Resources Limited's employee growth, exchange listings and data sources
- Name: Asaplus Resources Limited
- Ticker: AJY
- Exchange: ASX
- Founded: 2012
- Industry: Steel
- Sector: Materials
- Market Cap: AU$5.440m
- Shares outstanding: 136.00m
- Website: https://www.asaplusresources.com
- Asaplus Resources Limited
- #08-55, Paya Lebar Square
- 60 Paya Lebar Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 07:01|
|End of Day Share Price||2021/10/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.