Adelong Gold Ltd
Adelong Gold Limited engages in the exploration of mineral properties in Australia and Brazil. It explores for gold and lithium. Its flagship property is the Adelong Goldfield Project located in southern New South Wales. The company was formerly known as 3D Resources Limited and changed its name to Adelong Gold Limited in October 2022. Adelong Gold Limited was incorporated in 2006 and is based in… Read more
Adelong Gold Ltd (ADG) - Net Assets
Latest net assets as of June 2025: AU$10.46 Million AUD
Based on the latest financial reports, Adelong Gold Ltd (ADG) has net assets worth AU$10.46 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$11.16 Million) and total liabilities (AU$702.45K). 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 | AU$10.46 Million |
| % of Total Assets | 93.71% |
| Annual Growth Rate | 4.75% |
| 5-Year Change | 119.27% |
| 10-Year Change | 1907.76% |
| Growth Volatility | 105.93 |
Adelong Gold Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Adelong Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Adelong Gold Ltd (2007–2025)
The table below shows the annual net assets of Adelong Gold Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$10.46 Million | +72.20% |
| 2024-06-30 | AU$6.07 Million | +1.46% |
| 2023-06-30 | AU$5.99 Million | +22.06% |
| 2022-06-30 | AU$4.90 Million | +2.82% |
| 2021-06-30 | AU$4.77 Million | +79.64% |
| 2020-06-30 | AU$2.66 Million | +405.83% |
| 2019-06-30 | AU$524.94K | -45.44% |
| 2018-06-30 | AU$962.05K | -20.59% |
| 2017-06-30 | AU$1.21 Million | +132.55% |
| 2016-06-30 | AU$520.94K | -63.23% |
| 2015-06-30 | AU$1.42 Million | -26.87% |
| 2014-06-30 | AU$1.94 Million | +99.05% |
| 2013-06-30 | AU$973.29K | -13.11% |
| 2012-06-30 | AU$1.12 Million | +22.93% |
| 2011-06-30 | AU$911.18K | -19.83% |
| 2010-06-30 | AU$1.14 Million | +44.44% |
| 2009-06-30 | AU$786.91K | -72.84% |
| 2008-06-30 | AU$2.90 Million | -36.09% |
| 2007-06-30 | AU$4.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adelong Gold Ltd'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 1834200800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.62 Million | 273.22% |
| Other Comprehensive Income | AU$2.05 Million | 21.03% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$9.74 Million | 100.00% |
Adelong Gold Ltd Competitors by Market Cap
The table below lists competitors of Adelong Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Verona Indah Pictures Tbk
JK:VERN
|
$6.07 Million |
|
Hasen-Immobilien AG
STU:ABHA
|
$6.07 Million |
|
Viet Thang Corp
VN:TVT
|
$6.07 Million |
|
POSaBIT Systems Corp
OTCQB:POSAF
|
$6.07 Million |
|
Korea No.12 Special Purpose Acquisition Co., Ltd.
KQ:458610
|
$6.07 Million |
|
Frequency Exchange Corp.
V:FREQ
|
$6.07 Million |
|
Calibre
PA:ALWIN
|
$6.06 Million |
|
Northern Minerals & Exploration Ltd
PINK:NMEX
|
$6.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adelong Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,073,978 to 9,744,852, a change of 3,670,874 (60.4%).
- Net loss of 2,021,335 reduced equity.
- Share repurchases of 4,623,890 reduced equity.
- Other comprehensive income increased equity by 1,766,415.
- Other factors increased equity by 8,549,684.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.02 Million | -20.74% |
| Share Repurchases | AU$4.62 Million | -47.45% |
| Other Comprehensive Income | AU$1.77 Million | +18.13% |
| Other Changes | AU$8.55 Million | +87.74% |
| Total Change | AU$- | 60.44% |
Book Value vs Market Value Analysis
This analysis compares Adelong Gold Ltd'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: 0.95x
- 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 increased from 0.21x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.03 | AU$0.01 | x |
| 2008-06-30 | AU$0.45 | AU$0.01 | x |
| 2009-06-30 | AU$0.12 | AU$0.01 | x |
| 2010-06-30 | AU$0.08 | AU$0.01 | x |
| 2011-06-30 | AU$0.04 | AU$0.01 | x |
| 2012-06-30 | AU$0.05 | AU$0.01 | x |
| 2013-06-30 | AU$0.04 | AU$0.01 | x |
| 2014-06-30 | AU$0.07 | AU$0.01 | x |
| 2015-06-30 | AU$0.05 | AU$0.01 | x |
| 2016-06-30 | AU$0.02 | AU$0.01 | x |
| 2017-06-30 | AU$0.02 | AU$0.01 | x |
| 2018-06-30 | AU$0.01 | AU$0.01 | x |
| 2019-06-30 | AU$0.01 | AU$0.01 | x |
| 2020-06-30 | AU$0.02 | AU$0.01 | x |
| 2021-06-30 | AU$0.01 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$0.01 | AU$0.01 | x |
| 2024-06-30 | AU$0.01 | AU$0.01 | x |
| 2025-06-30 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adelong Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -534.36%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.15x
- Recent ROE (-20.74%) is above the historical average (-74.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -12.96% | 0.00% | 0.00x | 1.02x | AU$-1.04 Million |
| 2008 | -71.05% | 0.00% | 0.00x | 1.15x | AU$-2.35 Million |
| 2009 | -318.64% | -12094.42% | 0.02x | 1.40x | AU$-2.59 Million |
| 2010 | -130.87% | 0.00% | 0.00x | 1.09x | AU$-1.60 Million |
| 2011 | -70.31% | 0.00% | 0.00x | 1.11x | AU$-731.79K |
| 2012 | -65.78% | 0.00% | 0.00x | 1.03x | AU$-848.82K |
| 2013 | -29.15% | -76.17% | 0.34x | 1.14x | AU$-381.05K |
| 2014 | 30.79% | 59.32% | 0.50x | 1.03x | AU$402.78K |
| 2015 | -36.10% | -5020.67% | 0.01x | 1.13x | AU$-653.08K |
| 2016 | -186.29% | -48210.63% | 0.00x | 1.80x | AU$-1.02 Million |
| 2017 | -63.67% | -58929.56% | 0.00x | 1.06x | AU$-892.54K |
| 2018 | -154.33% | -8791.30% | 0.01x | 1.23x | AU$-1.58 Million |
| 2019 | -175.88% | -130774.22% | 0.00x | 1.97x | AU$-975.76K |
| 2020 | -22.65% | -67809.24% | 0.00x | 1.18x | AU$-867.00K |
| 2021 | -14.52% | -631.62% | 0.02x | 1.08x | AU$-1.17 Million |
| 2022 | -14.82% | -53134.14% | 0.00x | 1.06x | AU$-1.22 Million |
| 2023 | -12.99% | -11056.64% | 0.00x | 1.07x | AU$-1.38 Million |
| 2024 | -37.26% | -7794.96% | 0.00x | 1.07x | AU$-2.87 Million |
| 2025 | -20.74% | -534.36% | 0.03x | 1.15x | AU$-3.00 Million |
Industry Comparison
This section compares Adelong Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $26,520,204
- Average return on equity (ROE) among peers: -1403.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adelong Gold Ltd (ADG) | AU$10.46 Million | -12.96% | 0.07x | $6.07 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |