Gold Road Resources Ltd (GOR) - Net Assets

Latest as of June 2025: AU$1.45 Billion AUD

Based on the latest financial reports, Gold Road Resources Ltd (GOR) has net assets worth AU$1.45 Billion 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$1.84 Billion) and total liabilities (AU$382.05 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$1.45 Billion
% of Total Assets	79.19%
Annual Growth Rate	N/A
5-Year Change	192.79%
10-Year Change	681.18%
Growth Volatility	65.96

Gold Road Resources Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Gold Road 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 Gold Road Resources Ltd (2004–2024)

The table below shows the annual net assets of Gold Road Resources Ltd from 2004 to 2024.

Year	Net Assets	Change
2024-12-31	AU$1.23 Billion	+30.32%
2023-12-31	AU$942.45 Million	+13.30%
2022-12-31	AU$831.83 Million	+88.42%
2021-12-31	AU$441.48 Million	+5.25%
2020-12-31	AU$419.47 Million	+24.79%
2019-12-31	AU$336.13 Million	-0.84%
2018-12-31	AU$338.97 Million	-12.36%
2017-12-31	AU$386.75 Million	-0.48%
2016-12-31	AU$388.62 Million	+147.19%
2015-12-31	AU$157.22 Million	+70.62%
2014-12-31	AU$92.14 Million	+154.43%
2013-12-31	AU$36.22 Million	+40.85%
2012-12-31	AU$25.71 Million	-37.20%
2011-12-31	AU$40.94 Million	+93.03%
2010-12-31	AU$21.21 Million	+216.87%
2009-12-31	AU$6.69 Million	+11.81%
2008-12-31	AU$5.99 Million	-0.33%
2007-12-31	AU$6.01 Million	-13.77%
2006-12-31	AU$6.97 Million	+2.37%
2005-12-31	AU$6.80 Million	+13708.15%
2004-12-31	AU$-50.00K	--

Equity Component Analysis

This analysis shows how different components contribute to Gold Road 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 grown by 51467109000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	AU$513.99 Million	41.85%
Common Stock	AU$442.85 Million	36.06%
Other Comprehensive Income	AU$271.31 Million	22.09%
Total Equity	AU$1.23 Billion	100.00%

Gold Road Resources Ltd Competitors by Market Cap

The table below lists competitors of Gold Road Resources Ltd ranked by their market capitalization.

Company	Market Cap
Aegis Logistics Limited NSE:AEGISLOG	$2.69 Billion
Himadri Speciality Chemical Limited NSE:HSCL	$2.69 Billion
CCC S.A. WAR:CCC	$2.69 Billion
TAG Immobilien AG F:TEG	$2.69 Billion
Samsonite International S.A F:1SO	$2.69 Billion
Kunshan Dongwei Technology Co Ltd SHG:688700	$2.69 Billion
Qingdao Sentury Tire Co Ltd SHE:002984	$2.69 Billion
Peab AB (publ) ST:PEAB-B	$2.69 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 942,445,000 to 1,228,149,000, a change of 285,704,000 (30.3%).
Net income of 142,697,000 contributed positively to equity growth.
Dividend payments of 13,440,000 reduced retained earnings.
Other comprehensive income increased equity by 154,220,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$142.70 Million	+11.62%
Dividends Paid	AU$13.44 Million	-1.09%
Other Comprehensive Income	AU$154.22 Million	+12.56%
Other Changes	AU$2.23 Million	+0.18%
Total Change	AU$-	30.32%

Book Value vs Market Value Analysis

This analysis compares Gold Road 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: 3.08x
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 decreased from 116.64x to 3.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	AU$0.03	AU$3.48	x
2006-12-31	AU$0.03	AU$3.48	x
2007-12-31	AU$0.02	AU$3.48	x
2008-12-31	AU$0.02	AU$3.48	x
2009-12-31	AU$0.03	AU$3.48	x
2010-12-31	AU$0.08	AU$3.48	x
2011-12-31	AU$0.11	AU$3.48	x
2012-12-31	AU$0.06	AU$3.48	x
2013-12-31	AU$0.08	AU$3.48	x
2014-12-31	AU$0.16	AU$3.48	x
2015-12-31	AU$0.22	AU$3.48	x
2016-12-31	AU$0.44	AU$3.48	x
2017-12-31	AU$0.44	AU$3.48	x
2018-12-31	AU$0.39	AU$3.48	x
2019-12-31	AU$0.38	AU$3.48	x
2020-12-31	AU$0.47	AU$3.48	x
2021-12-31	AU$0.50	AU$3.48	x
2022-12-31	AU$0.84	AU$3.48	x
2023-12-31	AU$0.87	AU$3.48	x
2024-12-31	AU$1.13	AU$3.48	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gold Road 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): 11.62%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 27.03%
• Asset Turnover: 0.34x
• Equity Multiplier: 1.25x
Recent ROE (11.62%) is above the historical average (-8.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	-13.11%	-391.85%	0.03x	1.32x	AU$-1.61 Million
2007	-56.35%	-1839.67%	0.03x	1.03x	AU$-3.99 Million
2008	-49.76%	-6476.09%	0.01x	1.01x	AU$-3.58 Million
2009	-30.73%	-13954.28%	0.00x	1.08x	AU$-2.73 Million
2010	-14.29%	-789.06%	0.02x	1.06x	AU$-5.15 Million
2011	-7.07%	-328.38%	0.02x	1.06x	AU$-6.99 Million
2012	-88.26%	-5324.15%	0.02x	1.05x	AU$-25.26 Million
2013	1.13%	52.75%	0.02x	1.07x	AU$-3.21 Million
2014	-4.21%	-386.07%	0.01x	1.04x	AU$-13.09 Million
2015	-5.87%	-532.16%	0.01x	1.04x	AU$-24.95 Million
2016	59.14%	4585.34%	0.01x	1.07x	AU$190.95 Million
2017	-0.78%	-953.77%	0.00x	1.10x	AU$-41.71 Million
2018	-7.04%	-11691.67%	0.00x	1.46x	AU$-57.75 Million
2019	-1.38%	-6.17%	0.12x	1.81x	AU$-38.27 Million
2020	19.27%	27.43%	0.47x	1.50x	AU$38.87 Million
2021	8.33%	13.39%	0.42x	1.48x	AU$-7.36 Million
2022	7.66%	16.63%	0.37x	1.24x	AU$-19.49 Million
2023	12.28%	24.51%	0.40x	1.25x	AU$21.47 Million
2024	11.62%	27.03%	0.34x	1.25x	AU$19.88 Million

Industry Comparison

This section compares Gold Road Resources Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $24,481,971
Average return on equity (ROE) among peers: -183.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gold Road Resources Ltd (GOR)	AU$1.45 Billion	-13.11%	0.26x	$2.69 Billion
Australasian Metals Ltd (A8G)	$7.13 Million	-4.71%	0.03x	$2.79 Million
Aruma Resources Ltd (AAJ)	$2.25 Million	-50.04%	0.07x	$8.79 Million
Astral Resources NL (AAR)	$588.33K	-62.34%	0.51x	$235.76 Million
Antilles Gold Ltd (AAU)	$21.74 Million	-31.75%	1.85x	$30.89 Million
Adelong Gold Ltd (ADG)	$10.46 Million	-19.33%	0.07x	$9.43 Million
Ardiden Ltd (ADV)	$44.20K	-1635.56%	19.20x	$51.70 Million
Ark Mines Ltd (AHK)	$5.02 Million	-9.90%	0.02x	$18.17 Million
Aureka Ltd (AKA)	$8.93 Million	-9.70%	0.08x	$12.25 Million
Alkane Resources Ltd (ALK)	$174.22 Million	-3.54%	0.15x	$1.39 Billion
Alchemy Resources Ltd (ALY)	$14.44 Million	-3.66%	0.01x	$6.73 Million

About Gold Road Resources Ltd

AU:GOR Australia Gold

Market Cap

$2.69 Billion

AU$3.80 Billion AUD

Market Cap Rank

#5269 Global

#112 in Australia

Share Price

AU$3.48

Change (1 day)

+0.00%

52-Week Range

AU$2.97 - AU$3.49

All Time High

AU$3.49