Auking Mining Ltd (AKN) - Net Assets

Latest as of June 2025: AU$5.65 Million AUD ≈ $4.00 Million USD

Based on the latest financial reports, Auking Mining Ltd (AKN) has net assets worth AU$5.65 Million AUD (≈ $4.00 Million USD) 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 ≈ $5.87 Million USD) and total liabilities (AU$2.65 Million ≈ $1.87 Million USD). 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. Check Auking Mining Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Auking Mining Ltd total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see AKN market cap overview.

Year Net Assets Change
2024-12-31 AU$6.27 Million
≈ $4.44 Million		 -30.19%
2023-12-31 AU$8.99 Million
≈ $6.36 Million		 -8.89%
2022-12-31 AU$9.86 Million
≈ $6.98 Million		 +38.96%
2021-12-31 AU$7.10 Million
≈ $5.02 Million		 +304.75%
2020-12-31 AU$-3.47 Million
≈ $-2.45 Million		 -56.85%
2019-12-31 AU$-2.21 Million
≈ $-1.56 Million		 -206889.17%
2018-12-31 AU$-1.07K
≈ $-755.61		 -691.74%
2017-12-31 AU$180.47
≈ $127.69		 -91.68%
2016-12-31 AU$2.17K
≈ $1.53K		 -99.95%
2015-12-31 AU$4.35 Million
≈ $3.08 Million		 -67.83%
2014-12-31 AU$13.52 Million
≈ $9.57 Million		 +53.00%
2013-12-31 AU$8.84 Million
≈ $6.25 Million		 -54.15%
2012-12-31 AU$19.27 Million
≈ $13.64 Million		 +18.99%
2011-12-31 AU$16.20 Million
≈ $11.46 Million		 -14.26%
2010-12-31 AU$18.89 Million
≈ $13.37 Million		 +172.73%
2009-12-31 AU$6.93 Million
≈ $4.90 Million		 +21.68%
2008-12-31 AU$5.69 Million
≈ $4.03 Million		 -11.70%
2007-12-31 AU$6.45 Million
≈ $4.56 Million		 -7.32%
2006-12-31 AU$6.96 Million
≈ $4.92 Million		 +2457.51%
2005-12-31 AU$272.00K
≈ $192.46K		 +97.10%
2004-12-31 AU$138.00K
≈ $97.64K		 +527.27%
2003-12-31 AU$22.00K
≈ $15.57K		 --

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
Energy Metals Ltd
AU:EME
 $13.50 Million
Biomaxima
WAR:BMX
 $13.50 Million
TRC Construction Public Company Limited
BK:TRC
 $13.51 Million
Mustera Property Group Ltd
AU:MPX
 $13.51 Million
ABX Group Ltd
AU:ABX
 $13.50 Million
SSH Group Ltd
AU:SSH
 $13.49 Million
Xinyuan Real Estate Co Ltd
NYSE:XIN
 $13.49 Million
Energisme
PA:ALNRG
 $13.48 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: 1.21x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.38x to 1.21x 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$0.03 x
2007-12-31 AU$0.01 AU$0.03 x
2008-12-31 AU$0.01 AU$0.03 x
2009-12-31 AU$0.01 AU$0.03 x
2010-12-31 AU$0.03 AU$0.03 x
2011-12-31 AU$0.02 AU$0.03 x
2012-12-31 AU$0.14 AU$0.03 x
2013-12-31 AU$6.00 AU$0.03 x
2014-12-31 AU$6.72 AU$0.03 x
2015-12-31 AU$1.82 AU$0.03 x
2016-12-31 AU$0.00 AU$0.03 x
2017-12-31 AU$0.00 AU$0.03 x
2018-12-31 AU$0.00 AU$0.03 x
2019-12-31 AU$-0.47 AU$0.03 x
2020-12-31 AU$-0.74 AU$0.03 x
2021-12-31 AU$0.19 AU$0.03 x
2022-12-31 AU$0.10 AU$0.03 x
2023-12-31 AU$0.05 AU$0.03 x
2024-12-31 AU$0.02 AU$0.03 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: $5,711,623
  • Average return on equity (ROE) among peers: -27.49%

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 $13.50 Million
Morella Corporation Ltd (1MC) $16.53 Million -35.29% 0.29x $8.08 Million
Amaero Ltd (3DA) $29.43 Million -63.84% 0.70x $252.75 Million
6K Additive Inc (6KA) $-42.72 Million 0.00% 0.00x $160.74 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $151.02 Million
African Gold Ltd (A1G) $11.13 Million -22.75% 0.07x $419.02 Million
Albright Metals Ltd (ABR) $10.99 Million -9.29% 0.07x $3.68 Million
Audalia Resources Ltd (ACP) $4.75 Million -16.80% 1.00x $14.72 Million
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $16.28 Million
Acdc Metals Ltd (ADC) $10.58 Million -4.74% 0.03x $3.13 Million
Andromeda Metals Ltd (ADN) $11.27 Million 35.85% 0.04x $26.17 Million

About Auking Mining Ltd

AU:AKN Australia Other Industrial Metals & Mining
Market Cap
$22.58 Million
AU$31.91 Million AUD
Market Cap Rank
#26105 Global
#1230 in Australia
Share Price
AU$0.03
Change (1 day)
+8.33%
52-Week Range
AU$0.00 - AU$0.03
All Time High
AU$6.74
Categories
Companies in Australia Other Industrial Metals & Mining
About

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