Black Dragon Gold Corp (BDG) - Net Assets

Latest as of September 2025: AU$-1.89 Million AUD ≈ $-1.34 Million USD

Based on the latest financial reports, Black Dragon Gold Corp (BDG) has net assets worth AU$-1.89 Million AUD (≈ $-1.34 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$952.19K ≈ $673.73K USD) and total liabilities (AU$2.85 Million ≈ $2.01 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 how resilient are Black Dragon Gold Corp's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-1.89 Million
% of Total Assets	-198.89%
Annual Growth Rate	N/A
5-Year Change	-230.83%
10-Year Change	N/A
Growth Volatility	231.91

Black Dragon Gold Corp - Net Assets Trend (2007–2024)

This chart illustrates how Black Dragon Gold Corp's net assets have evolved over time, based on quarterly financial data. Also explore Black Dragon Gold Corp balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Black Dragon Gold Corp (2007–2024)

The table below shows the annual net assets of Black Dragon Gold Corp from 2007 to 2024. For live valuation and market cap data, see market cap of Black Dragon Gold Corp.

Year	Net Assets	Change
2024-12-31	AU$-2.37 Million ≈ $-1.68 Million	-669.64%
2023-12-31	AU$415.86K ≈ $294.25K	-75.07%
2022-12-31	AU$1.67 Million ≈ $1.18 Million	-2.99%
2021-12-31	AU$1.72 Million ≈ $1.22 Million	-5.02%
2020-12-31	AU$1.81 Million ≈ $1.28 Million	+20.78%
2019-12-31	AU$1.50 Million ≈ $1.06 Million	-54.17%
2018-12-31	AU$3.27 Million ≈ $2.31 Million	+300.77%
2017-12-31	AU$816.20K ≈ $577.51K	+105.81%
2016-12-31	AU$-14.04 Million ≈ $-9.94 Million	-18.33%
2015-12-31	AU$-11.87 Million ≈ $-8.40 Million	-47.45%
2014-12-31	AU$-8.05 Million ≈ $-5.69 Million	-191.35%
2013-12-31	AU$8.81 Million ≈ $6.23 Million	+5.56%
2012-12-31	AU$8.35 Million ≈ $5.91 Million	+4.59%
2011-12-31	AU$7.98 Million ≈ $5.65 Million	-11.32%
2010-12-31	AU$9.00 Million ≈ $6.37 Million	+416.02%
2009-12-31	AU$1.74 Million ≈ $1.23 Million	-6.37%
2008-12-31	AU$1.86 Million ≈ $1.32 Million	+5.97%
2007-12-31	AU$1.76 Million ≈ $1.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Black Dragon Gold Corp'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 3174086900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$28.09 Million	%
Other Comprehensive Income	AU$1.29 Million	%
Other Components	AU$1.00	%
Total Equity	AU$-2.37 Million	100.00%

Black Dragon Gold Corp Competitors by Market Cap

The table below lists competitors of Black Dragon Gold Corp ranked by their market capitalization.

Company	Market Cap
Heavy Minerals Ltd AU:HVY	$26.14 Million
Transtema Group AB ST:TRANS	$26.16 Million
Hydrotek Public Company Limited BK:HYDRO	$26.17 Million
CompuLab Ltd TA:CLAB	$26.17 Million
Getin Holding SA WAR:GTN	$26.11 Million
InfoBank Corporation KQ:039290	$26.11 Million
Luster Industries Bhd KLSE:5068	$26.10 Million
Silvair Inc WAR:SVRS	$26.08 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Black Dragon Gold Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 415,860 to -2,368,887, a change of -2,784,747 (-669.6%).
Net loss of 4,031,646 reduced equity.
Other comprehensive income decreased equity by 5,012,815.
Other factors increased equity by 6,259,714.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-4.03 Million	-170.19%
Other Comprehensive Income	AU$-5.01 Million	-211.61%
Other Changes	AU$6.26 Million	+264.25%
Total Change	AU$-	-669.64%

Book Value vs Market Value Analysis

This analysis compares Black Dragon Gold Corp'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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	AU$0.25	AU$0.16	x
2008-12-31	AU$0.28	AU$0.16	x
2009-12-31	AU$0.25	AU$0.16	x
2010-12-31	AU$0.96	AU$0.16	x
2011-12-31	AU$0.70	AU$0.16	x
2012-12-31	AU$0.72	AU$0.16	x
2013-12-31	AU$0.73	AU$0.16	x
2014-12-31	AU$-0.66	AU$0.16	x
2015-12-31	AU$-0.97	AU$0.16	x
2016-12-31	AU$-1.02	AU$0.16	x
2017-12-31	AU$0.02	AU$0.16	x
2018-12-31	AU$0.04	AU$0.16	x
2019-12-31	AU$0.02	AU$0.16	x
2020-12-31	AU$0.02	AU$0.16	x
2021-12-31	AU$0.01	AU$0.16	x
2022-12-31	AU$0.01	AU$0.16	x
2023-12-31	AU$0.00	AU$0.16	x
2024-12-31	AU$-0.01	AU$0.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Black Dragon Gold Corp 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is above the historical average (-20.71%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	-0.70%	0.00%	0.00x	1.01x	AU$-188.02K
2008	-1.70%	0.00%	0.00x	1.01x	AU$-217.96K
2009	-6.80%	0.00%	0.00x	1.01x	AU$-293.01K
2010	-26.33%	0.00%	0.00x	1.06x	AU$-3.27 Million
2011	-27.40%	0.00%	0.00x	1.06x	AU$-2.98 Million
2012	0.00%	0.00%	0.00x	1.05x	AU$-834.76K
2013	-29.74%	0.00%	0.00x	1.52x	AU$-3.50 Million
2014	0.00%	0.00%	0.00x	0.00x	AU$-16.39 Million
2015	0.00%	0.00%	0.00x	0.00x	AU$-2.64 Million
2016	0.00%	0.00%	0.00x	0.00x	AU$-1.44 Million
2017	560.98%	0.00%	0.00x	2.25x	AU$4.50 Million
2018	-111.23%	0.00%	0.00x	1.16x	AU$-3.97 Million
2019	-131.55%	0.00%	0.00x	1.24x	AU$-2.12 Million
2020	-65.44%	0.00%	0.00x	1.19x	AU$-1.37 Million
2021	-105.74%	0.00%	0.00x	1.23x	AU$-1.99 Million
2022	-66.11%	0.00%	0.00x	1.18x	AU$-1.27 Million
2023	-360.99%	0.00%	0.00x	1.29x	AU$-1.54 Million
2024	0.00%	0.00%	0.00x	0.00x	AU$-3.79 Million

Industry Comparison

This section compares Black Dragon Gold Corp'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
Black Dragon Gold Corp (BDG)	AU$-1.89 Million	-0.70%	N/A	$26.12 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 Black Dragon Gold Corp

AU:BDG Australia Gold

Market Cap

$33.31 Million

AU$47.08 Million AUD

Market Cap Rank

#24167 Global

#988 in Australia

Share Price

AU$0.16

Change (1 day)

+19.23%

52-Week Range

AU$0.04 - AU$0.16

All Time High

AU$0.23