Cannindah Resources Ltd (CAE) - Net Assets
Based on the latest financial reports, Cannindah Resources Ltd (CAE) has net assets worth AU$23.00 Million AUD (≈ $16.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$23.11 Million ≈ $16.35 Million USD) and total liabilities (AU$109.84K ≈ $77.72K 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 Cannindah Resources Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$23.00 Million |
| % of Total Assets | 99.52% |
| Annual Growth Rate | 5.18% |
| 5-Year Change | 147.65% |
| 10-Year Change | 790.04% |
| Growth Volatility | 169.18 |
Cannindah Resources Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Cannindah Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Cannindah Resources Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Cannindah Resources Ltd (2004–2025)
The table below shows the annual net assets of Cannindah Resources Ltd from 2004 to 2025. For live valuation and market cap data, see Cannindah Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$19.42 Million ≈ $13.74 Million |
+31.98% |
| 2024-06-30 | AU$14.71 Million ≈ $10.41 Million |
+4.52% |
| 2023-06-30 | AU$14.08 Million ≈ $9.96 Million |
+36.08% |
| 2022-06-30 | AU$10.35 Million ≈ $7.32 Million |
+31.92% |
| 2021-06-30 | AU$7.84 Million ≈ $5.55 Million |
+831.59% |
| 2020-06-30 | AU$-1.07 Million ≈ $-758.43K |
-619.68% |
| 2019-06-30 | AU$206.26K ≈ $145.94K |
-85.80% |
| 2018-06-30 | AU$1.45 Million ≈ $1.03 Million |
-23.92% |
| 2017-06-30 | AU$1.91 Million ≈ $1.35 Million |
-12.47% |
| 2016-06-30 | AU$2.18 Million ≈ $1.54 Million |
-24.92% |
| 2015-06-30 | AU$2.91 Million ≈ $2.06 Million |
-15.86% |
| 2014-06-30 | AU$3.45 Million ≈ $2.44 Million |
-12.92% |
| 2013-06-30 | AU$3.97 Million ≈ $2.81 Million |
-50.07% |
| 2012-06-30 | AU$7.94 Million ≈ $5.62 Million |
-12.76% |
| 2011-06-30 | AU$9.11 Million ≈ $6.44 Million |
+43.07% |
| 2010-06-30 | AU$6.36 Million ≈ $4.50 Million |
+28.62% |
| 2009-06-30 | AU$4.95 Million ≈ $3.50 Million |
-88.01% |
| 2008-06-30 | AU$41.28 Million ≈ $29.21 Million |
+23.31% |
| 2007-06-30 | AU$33.47 Million ≈ $23.68 Million |
+409.86% |
| 2006-06-30 | AU$6.57 Million ≈ $4.65 Million |
+5.43% |
| 2005-06-30 | AU$6.23 Million ≈ $4.41 Million |
-7.38% |
| 2004-06-30 | AU$6.72 Million ≈ $4.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cannindah Resources 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 4888014200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$68.60 Million | 353.25% |
| Other Comprehensive Income | AU$100.00K | 0.51% |
| Total Equity | AU$19.42 Million | 100.00% |
Cannindah Resources Ltd Competitors by Market Cap
The table below lists competitors of Cannindah Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regional Express Holdings Ltd
AU:REX
|
$45.67 Million |
|
Biome Australia Ltd
AU:BIO
|
$45.68 Million |
|
Ralco Agencies Ltd
TA:RLCO
|
$45.68 Million |
|
Centara Hotels & Resorts Leasehold Property Fund
BK:CTARAF
|
$45.68 Million |
|
York Timber Holdings Ltd
JSE:YRK
|
$45.66 Million |
|
Vertoz Advertising Limited
NSE:VERTOZ
|
$45.65 Million |
|
Bareket Capital Ltd
TA:BRKT
|
$45.63 Million |
|
Aplex Technology
TWO:6570
|
$45.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cannindah Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,714,152 to 19,419,947, a change of 4,705,795 (32.0%).
- Net loss of 960,610 reduced equity.
- Share repurchases of 5,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,264,009.
- Other factors increased equity by 12,930,414.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-960.61K | -4.95% |
| Share Repurchases | AU$5.00 Million | -25.75% |
| Other Comprehensive Income | AU$-2.26 Million | -11.66% |
| Other Changes | AU$12.93 Million | +66.58% |
| Total Change | AU$- | 31.98% |
Book Value vs Market Value Analysis
This analysis compares Cannindah Resources 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: 1.70x
- 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 0.04x to 1.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$1.08 | AU$0.05 | x |
| 2005-06-30 | AU$0.99 | AU$0.05 | x |
| 2006-06-30 | AU$1.03 | AU$0.05 | x |
| 2007-06-30 | AU$3.41 | AU$0.05 | x |
| 2008-06-30 | AU$2.10 | AU$0.05 | x |
| 2009-06-30 | AU$0.20 | AU$0.05 | x |
| 2010-06-30 | AU$0.12 | AU$0.05 | x |
| 2011-06-30 | AU$0.15 | AU$0.05 | x |
| 2012-06-30 | AU$0.13 | AU$0.05 | x |
| 2013-06-30 | AU$0.06 | AU$0.05 | x |
| 2014-06-30 | AU$0.04 | AU$0.05 | x |
| 2015-06-30 | AU$0.03 | AU$0.05 | x |
| 2016-06-30 | AU$0.02 | AU$0.05 | x |
| 2017-06-30 | AU$0.02 | AU$0.05 | x |
| 2018-06-30 | AU$0.01 | AU$0.05 | x |
| 2019-06-30 | AU$0.00 | AU$0.05 | x |
| 2020-06-30 | AU$-0.01 | AU$0.05 | x |
| 2021-06-30 | AU$0.03 | AU$0.05 | x |
| 2022-06-30 | AU$0.02 | AU$0.05 | x |
| 2023-06-30 | AU$0.03 | AU$0.05 | x |
| 2024-06-30 | AU$0.03 | AU$0.05 | x |
| 2025-06-30 | AU$0.03 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cannindah Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6202.29%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-4.95%) is above the historical average (-93.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -7.14% | 0.00% | 0.00x | 1.04x | AU$-1.07 Million |
| 2006 | -7.48% | 0.00% | 0.00x | 1.07x | AU$-1.15 Million |
| 2007 | -4.51% | 0.00% | 0.00x | 1.01x | AU$-4.86 Million |
| 2008 | -2.11% | -101.63% | 0.02x | 1.10x | AU$-5.00 Million |
| 2009 | -783.66% | -17033.28% | 0.04x | 1.22x | AU$-39.27 Million |
| 2010 | -9.23% | -6073.82% | 0.00x | 1.14x | AU$-1.22 Million |
| 2011 | 29.87% | 118881.12% | 0.00x | 1.01x | AU$1.81 Million |
| 2012 | -16.72% | -26538.77% | 0.00x | 1.01x | AU$-2.12 Million |
| 2013 | -14.47% | -701.16% | 0.02x | 1.01x | AU$-970.63K |
| 2014 | -17.72% | -2205.96% | 0.01x | 1.03x | AU$-957.39K |
| 2015 | -24.23% | -9087.39% | 0.00x | 1.27x | AU$-994.60K |
| 2016 | -44.32% | -117496.96% | 0.00x | 1.90x | AU$-1.19 Million |
| 2017 | -41.73% | -66086.24% | 0.00x | 2.46x | AU$-987.97K |
| 2018 | -81.84% | -1018.08% | 0.02x | 3.58x | AU$-1.33 Million |
| 2019 | -885.65% | -27544.30% | 0.00x | 23.05x | AU$-1.85 Million |
| 2020 | 0.00% | -20379.93% | 0.00x | 0.00x | AU$-2.07 Million |
| 2021 | -13.52% | -1766686.67% | 0.00x | 1.08x | AU$-1.84 Million |
| 2022 | -15.42% | -139954.74% | 0.00x | 1.20x | AU$-2.63 Million |
| 2023 | -13.52% | -16736.78% | 0.00x | 1.20x | AU$-3.31 Million |
| 2024 | -10.24% | -31726.32% | 0.00x | 1.21x | AU$-2.98 Million |
| 2025 | -4.95% | -6202.29% | 0.00x | 1.03x | AU$-2.90 Million |
Industry Comparison
This section compares Cannindah Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $108,704,405
- Average return on equity (ROE) among peers: -60.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cannindah Resources Ltd (CAE) | AU$23.00 Million | -7.14% | 0.00x | $45.66 Million |
| 29METALS Ltd (29M) | $715.69 Million | -6.60% | 0.81x | $297.19 Million |
| Aic Mines Ltd (A1M) | $46.60 Million | -91.64% | 0.23x | $341.44 Million |
| Austral Gold Ltd (AGD) | $58.26 Million | -15.21% | 0.84x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $320.88K | -110.98% | 0.80x | $7.60 Million |
| Alicanto Minerals Ltd (AQI) | $2.54 Million | -215.43% | 0.16x | $136.26 Million |
| Argent Minerals Ltd (ARD) | $2.40 Million | -88.19% | 0.07x | $26.37 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $5.44 Million |
| Avira Resources Ltd (AVW) | $5.57 Million | -12.76% | 0.16x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $12.76 Million | -5.12% | 0.04x | $304.70 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $17.10 Million |
About Cannindah Resources Ltd
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of various mineral projects in Australia. The company explores for copper, gold, and silver deposits. Its flagship property is the 100% owned Mt Cannindah Project located in Queensland. The company was formerly known as Planet Metals Limited and changed its name to Cannindah Resour… Read more