Bowen Coking Coal Ltd (BCB) - Net Assets
Based on the latest financial reports, Bowen Coking Coal Ltd (BCB) has net assets worth AU$75.03 Million AUD (≈ $53.09 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$359.72 Million ≈ $254.53 Million USD) and total liabilities (AU$284.69 Million ≈ $201.44 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 Bowen Coking Coal Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$75.03 Million |
| % of Total Assets | 20.86% |
| Annual Growth Rate | 2.56% |
| 5-Year Change | -6.74% |
| 10-Year Change | N/A |
| Growth Volatility | 337.32 |
Bowen Coking Coal Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Bowen Coking Coal Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Bowen Coking Coal Ltd for the complete picture of this company's asset base.
Annual Net Assets for Bowen Coking Coal Ltd (1995–2024)
The table below shows the annual net assets of Bowen Coking Coal Ltd from 1995 to 2024. For live valuation and market cap data, see Bowen Coking Coal Ltd (BCB) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$9.77 Million ≈ $6.92 Million |
-72.11% |
| 2023-06-30 | AU$35.05 Million ≈ $24.80 Million |
-50.10% |
| 2022-06-30 | AU$70.24 Million ≈ $49.70 Million |
+369.84% |
| 2021-06-30 | AU$14.95 Million ≈ $10.58 Million |
+42.63% |
| 2020-06-30 | AU$10.48 Million ≈ $7.42 Million |
+11.17% |
| 2019-06-30 | AU$9.43 Million ≈ $6.67 Million |
+30.48% |
| 2018-06-30 | AU$7.23 Million ≈ $5.11 Million |
+1263.68% |
| 2017-06-30 | AU$529.84K ≈ $374.89K |
-55.76% |
| 2016-06-30 | AU$1.20 Million ≈ $847.50K |
+233.14% |
| 2015-06-30 | AU$-899.64K ≈ $-636.56K |
-123.70% |
| 2014-06-30 | AU$3.80 Million ≈ $2.69 Million |
-77.83% |
| 2013-06-30 | AU$17.12 Million ≈ $12.11 Million |
-21.60% |
| 2012-06-30 | AU$21.84 Million ≈ $15.45 Million |
-11.12% |
| 2011-06-30 | AU$24.57 Million ≈ $17.39 Million |
+1277.63% |
| 2010-06-30 | AU$1.78 Million ≈ $1.26 Million |
-22.01% |
| 2009-06-30 | AU$2.29 Million ≈ $1.62 Million |
-80.05% |
| 2008-06-30 | AU$11.46 Million ≈ $8.11 Million |
+58.15% |
| 2007-06-30 | AU$7.25 Million ≈ $5.13 Million |
+19.69% |
| 2006-06-30 | AU$6.06 Million ≈ $4.29 Million |
-5.80% |
| 2005-06-30 | AU$6.43 Million ≈ $4.55 Million |
-56.46% |
| 2004-06-30 | AU$14.77 Million ≈ $10.45 Million |
-2.16% |
| 2003-06-30 | AU$15.09 Million ≈ $10.68 Million |
-8.43% |
| 2002-06-30 | AU$16.48 Million ≈ $11.66 Million |
-5.81% |
| 2001-06-30 | AU$17.50 Million ≈ $12.38 Million |
+142.44% |
| 2000-06-30 | AU$7.22 Million ≈ $5.11 Million |
+103.79% |
| 1999-06-30 | AU$3.54 Million ≈ $2.51 Million |
+22.01% |
| 1998-06-30 | AU$2.90 Million ≈ $2.05 Million |
-43.24% |
| 1997-06-30 | AU$5.11 Million ≈ $3.62 Million |
+6.15% |
| 1996-06-30 | AU$4.82 Million ≈ $3.41 Million |
+2.63% |
| 1995-06-30 | AU$4.69 Million ≈ $3.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bowen Coking Coal 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 32592476500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$330.92 Million | 3385.66% |
| Other Comprehensive Income | AU$5.27 Million | 53.94% |
| Total Equity | AU$9.77 Million | 100.00% |
Bowen Coking Coal Ltd Competitors by Market Cap
The table below lists competitors of Bowen Coking Coal Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GLOW LIFETECH CORP.
F:9DO
|
$5.72 Million |
|
Lenox Pasifik Investama Tbk PT
JK:LPPS
|
$5.72 Million |
|
Accelerate Resources Ltd
AU:AX8
|
$5.72 Million |
|
Nordic Flanges Group AB
ST:NFGAB
|
$5.73 Million |
|
SGF Capital Public Company Limited
BK:SGF
|
$5.72 Million |
|
Interbud-Lublin SA
WAR:ITB
|
$5.71 Million |
|
RH Bophelo Ltd
JSE:RHB
|
$5.71 Million |
|
Hanwha Corp. Pfd. Series 1
KO:000885
|
$5.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bowen Coking Coal Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,047,410 to 9,774,245, a change of -25,273,165 (-72.1%).
- Net loss of 95,457,000 reduced equity.
- Share repurchases of 4,073,866 reduced equity.
- New share issuances of 61,085,716 increased equity.
- Other comprehensive income increased equity by 546,299.
- Other factors increased equity by 12,625,686.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-95.46 Million | -976.62% |
| Share Repurchases | AU$4.07 Million | -41.68% |
| Share Issuances | AU$61.09 Million | +624.97% |
| Other Comprehensive Income | AU$546.30K | +5.59% |
| Other Changes | AU$12.63 Million | +129.17% |
| Total Change | AU$- | -72.11% |
Book Value vs Market Value Analysis
This analysis compares Bowen Coking Coal 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: 0.20x
- 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 0.00x to 0.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-06-30 | AU$16.34 | AU$0.08 | x |
| 1996-06-30 | AU$15.54 | AU$0.08 | x |
| 1997-06-30 | AU$15.68 | AU$0.08 | x |
| 1998-06-30 | AU$7.28 | AU$0.08 | x |
| 1999-06-30 | AU$8.33 | AU$0.08 | x |
| 2000-06-30 | AU$15.50 | AU$0.08 | x |
| 2001-06-30 | AU$23.24 | AU$0.08 | x |
| 2002-06-30 | AU$22.16 | AU$0.08 | x |
| 2003-06-30 | AU$10.14 | AU$0.08 | x |
| 2004-06-30 | AU$10.29 | AU$0.08 | x |
| 2005-06-30 | AU$6.70 | AU$0.08 | x |
| 2006-06-30 | AU$6.35 | AU$0.08 | x |
| 2007-06-30 | AU$7.60 | AU$0.08 | x |
| 2008-06-30 | AU$11.36 | AU$0.08 | x |
| 2009-06-30 | AU$2.38 | AU$0.08 | x |
| 2010-06-30 | AU$1.81 | AU$0.08 | x |
| 2011-06-30 | AU$11.35 | AU$0.08 | x |
| 2012-06-30 | AU$7.76 | AU$0.08 | x |
| 2013-06-30 | AU$6.25 | AU$0.08 | x |
| 2014-06-30 | AU$1.35 | AU$0.08 | x |
| 2015-06-30 | AU$-0.30 | AU$0.08 | x |
| 2016-06-30 | AU$0.03 | AU$0.08 | x |
| 2017-06-30 | AU$0.00 | AU$0.08 | x |
| 2018-06-30 | AU$0.02 | AU$0.08 | x |
| 2019-06-30 | AU$0.02 | AU$0.08 | x |
| 2020-06-30 | AU$0.01 | AU$0.08 | x |
| 2021-06-30 | AU$0.02 | AU$0.08 | x |
| 2022-06-30 | AU$0.05 | AU$0.08 | x |
| 2023-06-30 | AU$0.02 | AU$0.08 | x |
| 2024-06-30 | AU$0.38 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bowen Coking Coal Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -976.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.60%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 34.33x
- Recent ROE (-976.62%) is below the historical average (-96.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 2.27% | 0.00% | 0.00x | 2.44x | AU$-388.40K |
| 1998 | -73.21% | 0.00% | 0.00x | 3.37x | AU$-2.42 Million |
| 1999 | -0.52% | 0.00% | 0.00x | 2.94x | AU$-358.70K |
| 2000 | 3.42% | 31.23% | 0.03x | 3.91x | AU$-474.75K |
| 2001 | 104.03% | 172.57% | 0.25x | 2.38x | AU$10.88 Million |
| 2002 | 7.75% | 15.20% | 0.26x | 1.97x | AU$-257.78K |
| 2003 | -0.88% | -137.22% | 0.00x | 1.54x | AU$-1.08 Million |
| 2004 | 1.04% | 36.75% | 0.02x | 1.55x | AU$-884.55K |
| 2005 | -50.11% | -4393.87% | 0.01x | 1.03x | AU$-3.86 Million |
| 2006 | -4.59% | -3207.58% | 0.00x | 1.03x | AU$-883.43K |
| 2007 | 16.24% | 15826.94% | 0.00x | 1.08x | AU$452.28K |
| 2008 | 29.35% | 46.64% | 0.51x | 1.23x | AU$2.22 Million |
| 2009 | -421.14% | 0.00% | 0.00x | 1.35x | AU$-9.86 Million |
| 2010 | -39.30% | -199.15% | 0.18x | 1.09x | AU$-879.36K |
| 2011 | -6.01% | -479.55% | 0.01x | 1.02x | AU$-3.93 Million |
| 2012 | -4.54% | -353.93% | 0.01x | 1.02x | AU$-3.17 Million |
| 2013 | -21.64% | -1314.12% | 0.02x | 1.03x | AU$-5.42 Million |
| 2014 | -344.32% | -20485.86% | 0.01x | 1.14x | AU$-13.45 Million |
| 2015 | 0.00% | -241111.11% | 0.00x | 0.00x | AU$-7.51 Million |
| 2016 | -244.83% | -39468.59% | 0.01x | 1.12x | AU$-3.05 Million |
| 2017 | -122.30% | -4803.56% | 0.02x | 1.12x | AU$-700.98K |
| 2018 | -18.37% | -4266.95% | 0.00x | 1.03x | AU$-2.05 Million |
| 2019 | -16.43% | -5074.50% | 0.00x | 1.03x | AU$-2.49 Million |
| 2020 | -19.44% | -9774.34% | 0.00x | 1.12x | AU$-3.09 Million |
| 2021 | -21.57% | -27.18% | 0.73x | 1.09x | AU$-4.72 Million |
| 2022 | -26.06% | -154.29% | 0.07x | 2.46x | AU$-25.33 Million |
| 2023 | -464.90% | -79.69% | 0.50x | 11.64x | AU$-166.44 Million |
| 2024 | -976.62% | -21.60% | 1.32x | 34.33x | AU$-96.43 Million |
Industry Comparison
This section compares Bowen Coking Coal Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $203,346,592
- Average return on equity (ROE) among peers: -37.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bowen Coking Coal Ltd (BCB) | AU$75.03 Million | 2.27% | 3.79x | $5.72 Million |
| AJ Lucas Group Ltd (AJL) | $-57.84 Million | 0.00% | 0.00x | $9.73 Million |
| Aspire Mining Ltd (AKM) | $49.30 Million | -12.26% | 0.01x | $91.59 Million |
| Advance Metals Ltd (AVM) | $4.06 Million | -22.81% | 0.03x | $28.33 Million |
| Bathurst Resources Ltd (BRL) | $7.76 Million | -145.58% | 1.65x | $94.27 Million |
| Cokal Ltd (CKA) | $27.03 Million | -154.22% | 0.75x | $41.99 Million |
| Coronado Global Resources Inc (CRN) | $1.62 Billion | 69.96% | 1.31x | $1.93K |
| Jameson Resources Ltd (JAL) | $14.08 Million | -10.71% | 0.02x | $25.51 Million |
| Stanmore Resources Ltd (SMR) | $39.09 Million | -50.52% | 2.42x | $1.48 Billion |
| Tigers Realm Coal Ltd (TIG) | $126.31 Million | -9.83% | 0.42x | $27.74 Million |
About Bowen Coking Coal Ltd
Bowen Coking Coal Limited, together with its subsidiaries, engages in the exploration, development, and production of metallurgical coal in Australia. The company holds interests in the Isaac River Project located in the Bowen Basin in Central Queensland; the Cooroorah Project located north of Blackwater; and the Comet Ridge Project located in Queensland, as well as the Hillalong and Burton Lento… Read more