Chariot Corporation Ltd

AU:CC9 Australia Other Industrial Metals & Mining
Market Cap
$14.65 Million
AU$23.67 Million AUD
Market Cap Rank
#31370 Global
#966 in Australia
Share Price
AU$0.12
Change (1 day)
+0.00%
52-Week Range
AU$0.05 - AU$0.26
All Time High
AU$0.99
About

Chariot Resources Ltd, a mineral exploration company, focuses on discovering and developing lithium properties in the United States. The company's flagship property is the Black Mountain project that comprises 352 unpatented lode mining claims covering an area of 2,686 hectares located in Natrona County in Central Wyoming. The company was formerly known as Chariot Corporation Limited and changed … Read more

Chariot Corporation Ltd (CC9) - Net Assets

Latest net assets as of June 2025: AU$4.41 Million AUD

Based on the latest financial reports, Chariot Corporation Ltd (CC9) has net assets worth AU$4.41 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$10.05 Million) and total liabilities (AU$5.64 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$4.41 Million
% of Total Assets 43.9%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 187.67

Chariot Corporation Ltd - Net Assets Trend (2021–2024)

This chart illustrates how Chariot Corporation 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 Chariot Corporation Ltd (2021–2024)

The table below shows the annual net assets of Chariot Corporation Ltd from 2021 to 2024.

Year Net Assets Change
2024-12-31 AU$5.99 Million -78.38%
2023-12-31 AU$27.71 Million +296.96%
2022-12-31 AU$6.98 Million --
2021-12-31 AU$0.00 --

Equity Component Analysis

This analysis shows how different components contribute to Chariot Corporation 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 3555038000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$39.95 Million 666.87%
Other Components AU$1.59 Million 26.49%
Total Equity AU$5.99 Million 100.00%

Chariot Corporation Ltd Competitors by Market Cap

The table below lists competitors of Chariot Corporation Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chariot Corporation Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,713,300 to 5,991,330, a change of -21,721,970 (-78.4%).
  • Net loss of 23,790,950 reduced equity.
  • Share repurchases of 1,568,400 reduced equity.
  • New share issuances of 1,568,400 increased equity.
  • Other factors increased equity by 2,068,980.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-23.79 Million -397.09%
Share Repurchases AU$1.57 Million -26.18%
Share Issuances AU$1.57 Million +26.18%
Other Changes AU$2.07 Million +34.53%
Total Change AU$- -78.38%

Book Value vs Market Value Analysis

This analysis compares Chariot Corporation 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: 3.03x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 AU$0.00 AU$0.12 x
2022-12-31 AU$0.12 AU$0.12 x
2023-12-31 AU$0.18 AU$0.12 x
2024-12-31 AU$0.04 AU$0.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chariot Corporation 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): -397.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -61206.46%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.87x
  • Recent ROE (-397.09%) is below the historical average (-118.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 0.00% 0.00% 0.00x 0.00x AU$-1.38 Million
2022 -48.79% -159921.13% 0.00x 1.09x AU$-4.10 Million
2023 -29.43% -24759.99% 0.00x 1.63x AU$-10.93 Million
2024 -397.09% -61206.46% 0.00x 1.87x AU$-24.39 Million

Industry Comparison

This section compares Chariot Corporation 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
Chariot Corporation Ltd (CC9) AU$4.41 Million 0.00% 1.28x $4.86 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