Caspin Resources Ltd
Caspin Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, nickel, copper, platinum group elements, and tin deposits. Its flagship property is the 80% owned Yarawindah Brook project covering approximately 400 square kilometers located northeast of Perth, Western Australia. Caspin Resources Limited was incorporated in 2020… Read more
Caspin Resources Ltd (CPN) - Net Assets
Latest net assets as of December 2025: AU$5.72 Million AUD
Based on the latest financial reports, Caspin Resources Ltd (CPN) has net assets worth AU$5.72 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.73 Million) and total liabilities (AU$1.01 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$5.72 Million |
| % of Total Assets | 84.94% |
| Annual Growth Rate | -23.18% |
| 5-Year Change | -71.48% |
| 10-Year Change | N/A |
| Growth Volatility | 55.06 |
Caspin Resources Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Caspin Resources 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 Caspin Resources Ltd (2019–2024)
The table below shows the annual net assets of Caspin Resources Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$2.77 Million | +91.33% |
| 2023-12-31 | AU$1.45 Million | -56.93% |
| 2022-12-31 | AU$3.36 Million | -61.77% |
| 2021-12-31 | AU$8.79 Million | -9.48% |
| 2020-12-31 | AU$9.71 Million | -6.22% |
| 2019-12-31 | AU$10.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Caspin 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 2833283100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$29.60 Million | 1068.46% |
| Other Comprehensive Income | AU$2.03 Million | 73.12% |
| Total Equity | AU$2.77 Million | 100.00% |
Caspin Resources Ltd Competitors by Market Cap
The table below lists competitors of Caspin Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kisan Telecom Co. Ltd
KQ:035460
|
$16.25 Million |
|
Thu Duc Housing Development Corp
VN:TDH
|
$16.25 Million |
|
DSR Corp
KO:155660
|
$16.25 Million |
|
Zhongchao Inc
NASDAQ:ZCMD
|
$16.26 Million |
|
Greenway Technologies Inc
PINK:GWTI
|
$16.25 Million |
|
Kaya Limited
NSE:KAYA
|
$16.24 Million |
|
Akoya Biosciences Inc
NASDAQ:AKYA
|
$16.24 Million |
|
Eminent Luggage Corporation
TWO:9950
|
$16.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Caspin Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,448,006 to 2,770,506, a change of 1,322,500 (91.3%).
- Net loss of 2,593,715 reduced equity.
- Share repurchases of 3,312,240 reduced equity.
- Other comprehensive income decreased equity by 384,230.
- Other factors increased equity by 7,612,685.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.59 Million | -93.62% |
| Share Repurchases | AU$3.31 Million | -119.55% |
| Other Comprehensive Income | AU$-384.23K | -13.87% |
| Other Changes | AU$7.61 Million | +274.78% |
| Total Change | AU$- | 91.33% |
Book Value vs Market Value Analysis
This analysis compares Caspin 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: 6.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.87x to 6.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.17 | AU$0.15 | x |
| 2020-12-31 | AU$0.14 | AU$0.15 | x |
| 2021-12-31 | AU$0.12 | AU$0.15 | x |
| 2022-12-31 | AU$0.04 | AU$0.15 | x |
| 2023-12-31 | AU$0.02 | AU$0.15 | x |
| 2024-12-31 | AU$0.02 | AU$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Caspin Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -93.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1467.53%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.27x
- Recent ROE (-93.62%) is above the historical average (-139.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -24.91% | -227473.33% | 0.00x | 1.03x | AU$-3.35 Million |
| 2021 | -73.09% | -268920.75% | 0.00x | 1.07x | AU$-7.31 Million |
| 2022 | -332.96% | -28759.70% | 0.01x | 1.37x | AU$-11.53 Million |
| 2023 | -174.15% | 0.00% | 0.00x | 1.13x | AU$-2.67 Million |
| 2024 | -93.62% | -1467.53% | 0.05x | 1.27x | AU$-2.87 Million |
Industry Comparison
This section compares Caspin Resources 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 |
|---|---|---|---|---|
| Caspin Resources Ltd (CPN) | AU$5.72 Million | -24.91% | 0.18x | $16.25 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 |