Copper Strike Ltd
Copper Strike Limited, a mineral exploration and development company, focuses on reviewing potential exploration and development resource acquisitions in Australia. It also engages in the investment management business. The company was incorporated in 2004 and is headquartered in Perth, Australia.
Copper Strike Ltd (CSE) - Net Assets
Latest net assets as of June 2024: AU$4.41 Million AUD
Based on the latest financial reports, Copper Strike Ltd (CSE) has net assets worth AU$4.41 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.52 Million) and total liabilities (AU$109.14K). 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 | 97.59% |
| Annual Growth Rate | -2.73% |
| 5-Year Change | 30.27% |
| 10-Year Change | -86.04% |
| Growth Volatility | 65.72 |
Copper Strike Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Copper Strike 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 Copper Strike Ltd (2004–2024)
The table below shows the annual net assets of Copper Strike Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$4.41 Million | -74.67% |
| 2023-06-30 | AU$17.42 Million | +30.28% |
| 2022-06-30 | AU$13.37 Million | +18.83% |
| 2021-06-30 | AU$11.25 Million | +232.15% |
| 2020-06-30 | AU$3.39 Million | -60.20% |
| 2019-06-30 | AU$8.51 Million | -65.20% |
| 2018-06-30 | AU$24.45 Million | +1.48% |
| 2017-06-30 | AU$24.10 Million | -50.73% |
| 2016-06-30 | AU$48.91 Million | +54.80% |
| 2015-06-30 | AU$31.59 Million | -9.23% |
| 2014-06-30 | AU$34.81 Million | +76.72% |
| 2013-06-30 | AU$19.70 Million | -11.26% |
| 2012-06-30 | AU$22.19 Million | +17.24% |
| 2011-06-30 | AU$18.93 Million | -0.90% |
| 2010-06-30 | AU$19.10 Million | +8.15% |
| 2009-06-30 | AU$17.66 Million | -13.04% |
| 2008-06-30 | AU$20.31 Million | +85.63% |
| 2007-06-30 | AU$10.94 Million | +45.12% |
| 2006-06-30 | AU$7.54 Million | +10.66% |
| 2005-06-30 | AU$6.81 Million | -11.16% |
| 2004-06-30 | AU$7.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Copper Strike 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 grown by 8575900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$11.79K | 0.27% |
| Common Stock | AU$4.38 Million | 99.32% |
| Other Comprehensive Income | AU$18.12K | 0.41% |
| Total Equity | AU$4.41 Million | 100.00% |
Copper Strike Ltd Competitors by Market Cap
The table below lists competitors of Copper Strike Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Pursuit Resources Ltd
PINK:FPVTF
|
$4.95 Million |
|
Aelis Farma SA
PA:AELIS
|
$4.95 Million |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
$4.95 Million |
|
Autonomix Medical, Inc. Common Stock
NASDAQ:AMIX
|
$4.95 Million |
|
Boswell J G Co
PINK:BWEL
|
$4.94 Million |
|
Harvest Technology Group Ltd
AU:HTG
|
$4.94 Million |
|
Sumeet Industries Limited
NSE:SUMEETINDS
|
$4.94 Million |
|
Pelayaran Nasional Bina Buana Raya
JK:BBRM
|
$4.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Copper Strike Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,415,543 to 4,412,055, a change of -13,003,488 (-74.7%).
- Net loss of 2,956 reduced equity.
- Dividend payments of 3,805,505 reduced retained earnings.
- Share repurchases of 9,199,996 reduced equity.
- Other comprehensive income decreased equity by 341,346.
- Other factors increased equity by 346,315.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.96K | -0.07% |
| Dividends Paid | AU$3.81 Million | -86.25% |
| Share Repurchases | AU$9.20 Million | -208.52% |
| Other Comprehensive Income | AU$-341.35K | -7.74% |
| Other Changes | AU$346.31K | +7.85% |
| Total Change | AU$- | -74.67% |
Book Value vs Market Value Analysis
This analysis compares Copper Strike 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: 4.71x
- 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 1.05x to 4.71x 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$0.15 | AU$0.16 | x |
| 2005-06-30 | AU$0.19 | AU$0.16 | x |
| 2006-06-30 | AU$0.14 | AU$0.16 | x |
| 2007-06-30 | AU$0.17 | AU$0.16 | x |
| 2008-06-30 | AU$0.25 | AU$0.16 | x |
| 2009-06-30 | AU$0.19 | AU$0.16 | x |
| 2010-06-30 | AU$0.18 | AU$0.16 | x |
| 2011-06-30 | AU$0.15 | AU$0.16 | x |
| 2012-06-30 | AU$0.19 | AU$0.16 | x |
| 2013-06-30 | AU$0.18 | AU$0.16 | x |
| 2014-06-30 | AU$0.33 | AU$0.16 | x |
| 2015-06-30 | AU$0.30 | AU$0.16 | x |
| 2016-06-30 | AU$0.46 | AU$0.16 | x |
| 2017-06-30 | AU$0.23 | AU$0.16 | x |
| 2018-06-30 | AU$0.23 | AU$0.16 | x |
| 2019-06-30 | AU$0.08 | AU$0.16 | x |
| 2020-06-30 | AU$0.03 | AU$0.16 | x |
| 2021-06-30 | AU$0.10 | AU$0.16 | x |
| 2022-06-30 | AU$0.11 | AU$0.16 | x |
| 2023-06-30 | AU$0.13 | AU$0.16 | x |
| 2024-06-30 | AU$0.03 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Copper Strike Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-0.07%) is above the historical average (-3.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -11.74% | 0.00% | 0.00x | 1.03x | AU$-1.48 Million |
| 2006 | -12.63% | 0.00% | 0.00x | 1.03x | AU$-1.71 Million |
| 2007 | -5.74% | 0.00% | 0.00x | 1.06x | AU$-1.72 Million |
| 2008 | -1.26% | -163.41% | 0.01x | 1.05x | AU$-2.29 Million |
| 2009 | -14.99% | -1317.55% | 0.01x | 1.01x | AU$-4.41 Million |
| 2010 | -6.32% | 0.00% | 0.00x | 1.02x | AU$-3.12 Million |
| 2011 | -6.07% | -1595.83% | 0.00x | 1.01x | AU$-3.04 Million |
| 2012 | 9.31% | 153697.69% | 0.00x | 1.34x | AU$-153.79K |
| 2013 | -1.30% | -162263.29% | 0.00x | 1.34x | AU$-2.23 Million |
| 2014 | -3.00% | -1034.77% | 0.00x | 1.40x | AU$-4.53 Million |
| 2015 | -0.43% | -755.86% | 0.00x | 1.39x | AU$-3.30 Million |
| 2016 | 0.34% | 1142.91% | 0.00x | 1.40x | AU$-4.72 Million |
| 2017 | -0.75% | -2241.71% | 0.00x | 1.37x | AU$-2.59 Million |
| 2018 | -1.16% | -4775.68% | 0.00x | 1.55x | AU$-2.73 Million |
| 2019 | 4.01% | 3937.38% | 0.00x | 1.72x | AU$-510.07K |
| 2020 | 16.68% | 971.77% | 0.02x | 1.02x | AU$226.20K |
| 2021 | -4.32% | -1397.81% | 0.00x | 1.00x | AU$-1.61 Million |
| 2022 | -10.91% | 0.00% | 0.00x | 1.09x | AU$-2.80 Million |
| 2023 | -15.29% | -644.62% | 0.02x | 1.12x | AU$-4.40 Million |
| 2024 | -0.07% | 0.00% | 0.00x | 1.02x | AU$-444.16K |
Industry Comparison
This section compares Copper Strike Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $10,658,036
- Average return on equity (ROE) among peers: -42.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Copper Strike Ltd (CSE) | AU$4.41 Million | -11.74% | 0.02x | $4.95 Million |
| Alma Metals Ltd (ALM) | $22.61 Million | -41.39% | 0.30x | $10.63 Million |
| Austral Resources Australia Ltd (AR1) | $-18.68 Million | 0.00% | 0.00x | $13.15 Million |
| Castillo Copper Ltd (CCZ) | $457.54K | -115.76% | 0.00x | $9.90 Million |
| Culpeo Minerals Ltd (CPO) | $-438.42K | 0.00% | 0.00x | $1.98 Million |
| Caravel Minerals Ltd (CVV) | $8.61 Million | -86.54% | 0.10x | $86.94 Million |
| Hot Chili Ltd (HCH) | $70.74 Million | -6.17% | 0.06x | $110.94 Million |
| MAC Copper Ltd (MAC) | $4.06 Million | 0.00% | 64.61x | $943.30 Million |
| Noronex Ltd (NRX) | $3.31 Million | -98.56% | 0.04x | $2.26 Million |
| NT Minerals Ltd (NTM) | $5.24 Million | -31.31% | 0.06x | $1.13 Million |