Cobre Ltd
Cobre Limited engages in the exploration and evaluation of mineral properties in Australia and Botswana. It explores for copper, gold, silver, and zinc deposits. The company's flagship project is the 100% owned Ngami Copper Project covering an area of 727 square kilometers located in Botswana. Cobre Limited was incorporated in 2018 and is based in Sydney, Australia.
Cobre Ltd (CBE) - Net Assets
Latest net assets as of June 2025: AU$35.90 Million AUD
Based on the latest financial reports, Cobre Ltd (CBE) has net assets worth AU$35.90 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$42.70 Million) and total liabilities (AU$6.80 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$35.90 Million |
| % of Total Assets | 84.08% |
| Annual Growth Rate | 90.48% |
| 5-Year Change | 110.49% |
| 10-Year Change | N/A |
| Growth Volatility | 402.58 |
Cobre Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Cobre Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cobre Ltd (2019–2025)
The table below shows the annual net assets of Cobre Ltd from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$35.90 Million | +17.40% |
| 2024-06-30 | AU$30.58 Million | -0.64% |
| 2023-06-30 | AU$30.77 Million | +87.72% |
| 2022-06-30 | AU$16.39 Million | -3.87% |
| 2021-06-30 | AU$17.05 Million | +87.26% |
| 2020-06-30 | AU$9.11 Million | +1113.03% |
| 2019-06-30 | AU$750.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cobre 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 1635847600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$49.03 Million | 136.59% |
| Other Comprehensive Income | AU$3.38 Million | 9.40% |
| Total Equity | AU$35.90 Million | 100.00% |
Cobre Ltd Competitors by Market Cap
The table below lists competitors of Cobre Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thantawan Industry Public Company Limited
BK:THIP
|
$25.64 Million |
|
EVERCHINA INT.HDGS.
F:ICHA
|
$25.64 Million |
|
Green Cross Medical Science Corporation
KQ:142280
|
$25.64 Million |
|
H.H.Galaxy Co., Ltd.
TWO:2949
|
$25.64 Million |
|
Berjaya Assets Bhd
KLSE:3239
|
$25.63 Million |
|
TDM Berhad
KLSE:2054
|
$25.63 Million |
|
Negri Sembilan Oil Palms Bhd
KLSE:2038
|
$25.62 Million |
|
Koan Hao Technology Co Ltd
TWO:8354
|
$25.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cobre Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,577,352 to 35,898,145, a change of 5,320,793 (17.4%).
- Net loss of 2,123,532 reduced equity.
- Share repurchases of 537,419 reduced equity.
- New share issuances of 11,891,031 increased equity.
- Other comprehensive income increased equity by 1,452,093.
- Other factors decreased equity by 5,361,380.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.12 Million | -5.92% |
| Share Repurchases | AU$537.42K | -1.5% |
| Share Issuances | AU$11.89 Million | +33.12% |
| Other Comprehensive Income | AU$1.45 Million | +4.05% |
| Other Changes | AU$-5.36 Million | -14.93% |
| Total Change | AU$- | 17.40% |
Book Value vs Market Value Analysis
This analysis compares Cobre 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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 23.28x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | AU$0.01 | AU$0.16 | x |
| 2020-06-30 | AU$0.09 | AU$0.16 | x |
| 2021-06-30 | AU$0.15 | AU$0.16 | x |
| 2022-06-30 | AU$0.08 | AU$0.16 | x |
| 2023-06-30 | AU$0.13 | AU$0.16 | x |
| 2024-06-30 | AU$0.10 | AU$0.16 | x |
| 2025-06-30 | AU$0.09 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cobre Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -601.74%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.19x
- Recent ROE (-5.92%) is above the historical average (-17.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -22.57% | 0.00% | 0.00x | 1.43x | AU$-216.75K |
| 2020 | -21.66% | -4591.96% | 0.00x | 1.09x | AU$-2.88 Million |
| 2021 | -16.11% | -10690.21% | 0.00x | 1.07x | AU$-4.45 Million |
| 2022 | -41.80% | -8667212.75% | 0.00x | 1.45x | AU$-6.67 Million |
| 2023 | -5.65% | -299.22% | 0.02x | 1.02x | AU$-4.82 Million |
| 2024 | -7.81% | -314.93% | 0.02x | 1.03x | AU$-5.45 Million |
| 2025 | -5.92% | -601.74% | 0.01x | 1.19x | AU$-5.71 Million |
Industry Comparison
This section compares Cobre 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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cobre Ltd (CBE) | AU$35.90 Million | -22.57% | 0.19x | $25.64 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |