Auking Mining Ltd
AuKing Mining Limited operates as a mineral resource exploration and development company in Australia, Canada, and Tanzania. It primarily explores for copper, zinc, gold, silver, lead, uranium, and other base and precious metals. The company was formerly known as Chinalco Yunnan Copper Resources Limited and changed its name to AuKing Mining Limited in May 2017. AuKing Mining Limited was incorpora… Read more
Auking Mining Ltd (AKN) - Net Assets
Latest net assets as of June 2025: AU$5.65 Million AUD
Based on the latest financial reports, Auking Mining Ltd (AKN) has net assets worth AU$5.65 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$8.30 Million) and total liabilities (AU$2.65 Million). 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$5.65 Million |
| % of Total Assets | 68.1% |
| Annual Growth Rate | 30.89% |
| 5-Year Change | N/A |
| 10-Year Change | 44.22% |
| Growth Volatility | 604.21 |
Auking Mining Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Auking Mining 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 Auking Mining Ltd (2003–2024)
The table below shows the annual net assets of Auking Mining Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$6.27 Million | -30.19% |
| 2023-12-31 | AU$8.99 Million | -8.89% |
| 2022-12-31 | AU$9.86 Million | +38.96% |
| 2021-12-31 | AU$7.10 Million | +304.75% |
| 2020-12-31 | AU$-3.47 Million | -56.85% |
| 2019-12-31 | AU$-2.21 Million | -206889.17% |
| 2018-12-31 | AU$-1.07K | -691.74% |
| 2017-12-31 | AU$180.47 | -91.68% |
| 2016-12-31 | AU$2.17K | -99.95% |
| 2015-12-31 | AU$4.35 Million | -67.83% |
| 2014-12-31 | AU$13.52 Million | +53.00% |
| 2013-12-31 | AU$8.84 Million | -54.15% |
| 2012-12-31 | AU$19.27 Million | +18.99% |
| 2011-12-31 | AU$16.20 Million | -14.26% |
| 2010-12-31 | AU$18.89 Million | +172.73% |
| 2009-12-31 | AU$6.93 Million | +21.68% |
| 2008-12-31 | AU$5.69 Million | -11.70% |
| 2007-12-31 | AU$6.45 Million | -7.32% |
| 2006-12-31 | AU$6.96 Million | +2457.51% |
| 2005-12-31 | AU$272.00K | +97.10% |
| 2004-12-31 | AU$138.00K | +527.27% |
| 2003-12-31 | AU$22.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Auking Mining 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 2211673900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$25.33 Million | 403.66% |
| Other Comprehensive Income | AU$3.06 Million | 48.84% |
| Total Equity | AU$6.27 Million | 100.00% |
Auking Mining Ltd Competitors by Market Cap
The table below lists competitors of Auking Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SRIVARU Holding Limited Ordinary Shares
OTC:SVMH
|
$2.59 Million |
|
Minox International Group Berhad
KLSE:0288
|
$2.59 Million |
|
Altitude Minerals Ltd
AU:ATT
|
$2.59 Million |
|
Castro
TA:CAST
|
$2.59 Million |
|
HYDROGEN UTOPIA INT.-001
F:D60
|
$2.59 Million |
|
1000mercis SA
PA:ALMIL
|
$2.59 Million |
|
Tonogold Resources Inc
PINK:TNGL
|
$2.59 Million |
|
Meta Corporation Public Company Limited
BK:META
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auking Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,987,470 to 6,274,276, a change of -2,713,194 (-30.2%).
- Net loss of 5,554,214 reduced equity.
- Share repurchases of 82,483 reduced equity.
- New share issuances of 1,255,461 increased equity.
- Other comprehensive income increased equity by 817,440.
- Other factors increased equity by 850,602.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.55 Million | -88.52% |
| Share Repurchases | AU$82.48K | -1.31% |
| Share Issuances | AU$1.26 Million | +20.01% |
| Other Comprehensive Income | AU$817.44K | +13.03% |
| Other Changes | AU$850.60K | +13.56% |
| Total Change | AU$- | -30.19% |
Book Value vs Market Value Analysis
This analysis compares Auking Mining 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: 0.61x
- 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 0.19x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | AU$0.07 | AU$0.01 | x |
| 2007-12-31 | AU$0.01 | AU$0.01 | x |
| 2008-12-31 | AU$0.01 | AU$0.01 | x |
| 2009-12-31 | AU$0.01 | AU$0.01 | x |
| 2010-12-31 | AU$0.03 | AU$0.01 | x |
| 2011-12-31 | AU$0.02 | AU$0.01 | x |
| 2012-12-31 | AU$0.14 | AU$0.01 | x |
| 2013-12-31 | AU$6.00 | AU$0.01 | x |
| 2014-12-31 | AU$6.72 | AU$0.01 | x |
| 2015-12-31 | AU$1.82 | AU$0.01 | x |
| 2016-12-31 | AU$0.00 | AU$0.01 | x |
| 2017-12-31 | AU$0.00 | AU$0.01 | x |
| 2018-12-31 | AU$0.00 | AU$0.01 | x |
| 2019-12-31 | AU$-0.47 | AU$0.01 | x |
| 2020-12-31 | AU$-0.74 | AU$0.01 | x |
| 2021-12-31 | AU$0.19 | AU$0.01 | x |
| 2022-12-31 | AU$0.10 | AU$0.01 | x |
| 2023-12-31 | AU$0.05 | AU$0.01 | x |
| 2024-12-31 | AU$0.02 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auking Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -88.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.31x
- Recent ROE (-88.52%) is above the historical average (-82208.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -6.59% | -157.97% | 0.04x | 1.04x | AU$-1.07 Million |
| 2008 | -13.72% | -491.40% | 0.03x | 1.10x | AU$-1.35 Million |
| 2009 | -47.05% | -169329.04% | 0.00x | 1.06x | AU$-3.95 Million |
| 2010 | -10.74% | -939.68% | 0.01x | 1.02x | AU$-3.92 Million |
| 2011 | -17.87% | -1004.98% | 0.02x | 1.07x | AU$-4.51 Million |
| 2012 | -46.61% | -4876837.97% | 0.00x | 1.23x | AU$-9.36 Million |
| 2013 | -93.25% | 0.00% | 0.00x | 1.23x | AU$-9.19 Million |
| 2014 | -14.02% | 0.00% | 0.00x | 1.07x | AU$-3.28 Million |
| 2015 | -209.47% | -58601440.51% | 0.00x | 1.08x | AU$-9.55 Million |
| 2016 | -233302.31% | -66483.50% | 3.36x | 1.04x | AU$-5.06 Million |
| 2017 | -1245708.98% | -25870.32% | 16.63x | 2.90x | AU$-2.25 Million |
| 2018 | 0.00% | -215236.55% | 2.84x | 0.00x | AU$-1.25 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-921.51K |
| 2020 | 0.00% | -375526.32% | 0.00x | 0.00x | AU$-1.08 Million |
| 2021 | -24.83% | 0.00% | 0.00x | 1.09x | AU$-2.47 Million |
| 2022 | -23.77% | 0.00% | 0.00x | 1.04x | AU$-3.33 Million |
| 2023 | -140.91% | 0.00% | 0.00x | 1.04x | AU$-13.56 Million |
| 2024 | -88.52% | 0.00% | 0.00x | 1.31x | AU$-6.18 Million |
Industry Comparison
This section compares Auking Mining Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auking Mining Ltd (AKN) | AU$5.65 Million | -6.59% | 0.47x | $2.59 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |