Auric Mining Ltd (AWJ) - Net Assets
Based on the latest financial reports, Auric Mining Ltd (AWJ) has net assets worth AU$24.34 Million AUD (≈ $17.22 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$26.39 Million ≈ $18.67 Million USD) and total liabilities (AU$2.05 Million ≈ $1.45 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 AWJ financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$24.34 Million |
| % of Total Assets | 92.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | 568.18% |
| 10-Year Change | N/A |
| Growth Volatility | 92.25 |
Auric Mining Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Auric Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore AWJ total asset value for the complete picture of this company's asset base.
Annual Net Assets for Auric Mining Ltd (2019–2024)
The table below shows the annual net assets of Auric Mining Ltd from 2019 to 2024. For live valuation and market cap data, see market cap of Auric Mining Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$17.94 Million ≈ $12.69 Million |
+50.31% |
| 2023-12-31 | AU$11.93 Million ≈ $8.44 Million |
+12.94% |
| 2022-12-31 | AU$10.57 Million ≈ $7.48 Million |
+16.78% |
| 2021-12-31 | AU$9.05 Million ≈ $6.40 Million |
+237.05% |
| 2020-12-31 | AU$2.68 Million ≈ $1.90 Million |
+3125.07% |
| 2019-12-31 | AU$-88.74K ≈ $-62.79K |
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Equity Component Analysis
This analysis shows how different components contribute to Auric 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 grown by 180098700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.70 Million | 9.50% |
| Common Stock | AU$15.17 Million | 84.58% |
| Other Comprehensive Income | AU$1.06 Million | 5.92% |
| Total Equity | AU$17.94 Million | 100.00% |
Auric Mining Ltd Competitors by Market Cap
The table below lists competitors of Auric Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dexter Co Ltd
KQ:206560
|
$44.32 Million |
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$44.34 Million |
|
Genetec Technology Bhd
KLSE:0104
|
$44.34 Million |
|
Texton Property Fund Ltd
JSE:TEX
|
$44.36 Million |
|
Q32 Bio Inc
NASDAQ:QTTB
|
$44.30 Million |
|
Sunny Elec
KO:004770
|
$44.28 Million |
|
Latrobe Magnesium Ltd
AU:LMG
|
$44.26 Million |
|
Alpine Summit Energy Partners Inc
NASDAQ:ALPS
|
$44.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auric Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,933,257 to 17,937,048, a change of 6,003,791 (50.3%).
- Net income of 2,690,609 contributed positively to equity growth.
- Share repurchases of 105,780 reduced equity.
- New share issuances of 2,699,067 increased equity.
- Other comprehensive income increased equity by 995,474.
- Other factors decreased equity by 275,579.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$2.69 Million | +15.0% |
| Share Repurchases | AU$105.78K | -0.59% |
| Share Issuances | AU$2.70 Million | +15.05% |
| Other Comprehensive Income | AU$995.47K | +5.55% |
| Other Changes | AU$-275.58K | -1.54% |
| Total Change | AU$- | 50.31% |
Book Value vs Market Value Analysis
This analysis compares Auric 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: 2.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.00 | AU$0.34 | x |
| 2020-12-31 | AU$0.03 | AU$0.34 | x |
| 2021-12-31 | AU$0.10 | AU$0.34 | x |
| 2022-12-31 | AU$0.11 | AU$0.34 | x |
| 2023-12-31 | AU$0.09 | AU$0.34 | x |
| 2024-12-31 | AU$0.12 | AU$0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auric Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.38%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.21x
- Recent ROE (15.00%) is above the historical average (-4.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-88.90K |
| 2020 | -27.97% | 0.00% | 0.00x | 1.52x | AU$-1.02 Million |
| 2021 | -12.19% | 0.00% | 0.00x | 1.04x | AU$-2.01 Million |
| 2022 | -10.47% | 0.00% | 0.00x | 1.04x | AU$-2.16 Million |
| 2023 | 11.01% | 27.56% | 0.36x | 1.12x | AU$120.32K |
| 2024 | 15.00% | 32.38% | 0.38x | 1.21x | AU$896.90K |
Industry Comparison
This section compares Auric Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auric Mining Ltd (AWJ) | AU$24.34 Million | 0.00% | 0.08x | $44.32 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Auric Mining Ltd
Auric Mining Limited engages in exploration, development, mining, and production of gold in Australia. The company also explores for nickel, lithium, and rare earth elements. Its flagship project is the 100% owned Jeffreys Find gold mine operation located in Goldfields, the region of Western Australia. Auric Mining Limited was incorporated in 2019 and is based in East Perth, Australia.