AJY

Asaplus ResourcesASX:AJY Stock Report

Market Cap

AU$5.4m

7D

0%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
AJY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

AJY Overview

Asaplus Resources Limited, together with its subsidiaries, engages in the exploration, mining, and marketing of iron ores.

Price History & Performance

Summary of all time highs, changes and price drops for Asaplus Resources
Historical stock prices
Current Share PriceAU$0.04
52 Week HighAU$0.04
52 Week LowAU$0.10
Beta0.020
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-80.00%

Recent News & Updates

Shareholder Returns

AJYAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Yn/a12.5%21.4%

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.

Price Volatility

Is AJY's price volatile compared to industry and market?
AJY volatility
AJY Beta0.020
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2012n/aPoi Bor Dinghttps://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

How do Asaplus Resources's earnings and revenue compare to its market cap?
AJY fundamental statistics
Market CapAU$5.44m
Earnings (TTM)-AU$1.14m
Revenue (TTM)n/a

0x

P/S Ratio

-4.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AJY income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.14m
Earnings-AU$1.14m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0083
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did AJY perform over the long term?

See historical performance and comparison

Valuation

Is Asaplus Resources undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Asaplus Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

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.


Past Performance

How has Asaplus Resources performed over the past 5 years?

15.1%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average board tenure


CEO

Poi Bor Ding (66 yo)

3.17yrs

Tenure

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...


Board Members

Experienced Board: AJY's board of directors are considered experienced (6.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asaplus Resources Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Asaplus Resources Limited
  • #08-55, Paya Lebar Square
  • 60 Paya Lebar Road
  • Singapore
  • 409051
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 07:01
End of Day Share Price2021/10/06 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.