Kincora Copper Ltd (KCC) - Net Assets
Based on the latest financial reports, Kincora Copper Ltd (KCC) has net assets worth AU$20.50 Million AUD (≈ $14.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$21.23 Million ≈ $15.03 Million USD) and total liabilities (AU$733.00K ≈ $518.64K USD). 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. Check tangible net worth ratio of Kincora Copper Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$20.50 Million |
| % of Total Assets | 96.55% |
| Annual Growth Rate | -4.54% |
| 5-Year Change | -37.59% |
| 10-Year Change | -61.65% |
| Growth Volatility | 45.22 |
Kincora Copper Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Kincora Copper Ltd's net assets have evolved over time, based on quarterly financial data. See Kincora Copper Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kincora Copper Ltd (1996–2024)
The table below shows the annual net assets of Kincora Copper Ltd from 1996 to 2024. For live valuation and market cap data, see Kincora Copper Ltd (KCC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$17.29 Million ≈ $12.23 Million |
-1.24% |
| 2023-12-31 | AU$17.50 Million ≈ $12.38 Million |
+11.99% |
| 2022-12-31 | AU$15.63 Million ≈ $11.06 Million |
+0.15% |
| 2021-12-31 | AU$15.61 Million ≈ $11.04 Million |
-43.66% |
| 2020-12-31 | AU$27.70 Million ≈ $19.60 Million |
-48.19% |
| 2019-12-31 | AU$53.47 Million ≈ $37.83 Million |
+3.40% |
| 2018-12-31 | AU$51.71 Million ≈ $36.59 Million |
-3.76% |
| 2017-12-31 | AU$53.73 Million ≈ $38.02 Million |
+9.56% |
| 2016-12-31 | AU$49.04 Million ≈ $34.70 Million |
+8.81% |
| 2015-12-31 | AU$45.07 Million ≈ $31.89 Million |
-2.16% |
| 2014-12-31 | AU$46.06 Million ≈ $32.59 Million |
+8.32% |
| 2013-12-31 | AU$42.53 Million ≈ $30.09 Million |
-16.52% |
| 2012-12-31 | AU$50.94 Million ≈ $36.05 Million |
+19.51% |
| 2011-12-31 | AU$42.63 Million ≈ $30.16 Million |
+5509.39% |
| 2010-12-31 | AU$-788.00K ≈ $-557.56K |
-194.60% |
| 2009-12-31 | AU$833.00K ≈ $589.40K |
-62.44% |
| 2008-12-31 | AU$2.22 Million ≈ $1.57 Million |
-91.46% |
| 2007-12-31 | AU$25.97 Million ≈ $18.37 Million |
+3.56% |
| 2006-12-31 | AU$25.07 Million ≈ $17.74 Million |
+34.81% |
| 2005-12-31 | AU$18.60 Million ≈ $13.16 Million |
+11.60% |
| 2003-12-31 | AU$16.67 Million ≈ $11.79 Million |
+10.90% |
| 2002-12-31 | AU$15.03 Million ≈ $10.63 Million |
-5.04% |
| 2001-12-31 | AU$15.83 Million ≈ $11.20 Million |
-39.48% |
| 2000-12-31 | AU$26.15 Million ≈ $18.50 Million |
+0.19% |
| 1999-12-31 | AU$26.10 Million ≈ $18.47 Million |
-47.80% |
| 1998-12-31 | AU$50.00 Million ≈ $35.38 Million |
-2.91% |
| 1997-12-31 | AU$51.50 Million ≈ $36.44 Million |
-18.77% |
| 1996-12-31 | AU$63.40 Million ≈ $44.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kincora Copper 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 19039100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$192.92 Million | 1116.05% |
| Other Comprehensive Income | AU$-732.00K | -4.23% |
| Other Components | AU$15.49 Million | 89.60% |
| Total Equity | AU$17.29 Million | 100.00% |
Kincora Copper Ltd Competitors by Market Cap
The table below lists competitors of Kincora Copper Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imperial Equities Inc.
V:IEI
|
$26.32 Million |
|
Inventec Besta Co Ltd
TW:8201
|
$26.33 Million |
|
Les Enphants Co Ltd
TW:2911
|
$26.33 Million |
|
GoldArc Resources Limited
AU:GA8
|
$26.33 Million |
|
Goodyear Indonesia Tbk
JK:GDYR
|
$26.31 Million |
|
Dataproces Group A/S
CO:DATA
|
$26.30 Million |
|
Reading International Inc
NASDAQ:RDI
|
$26.30 Million |
|
Foresta Group Holdings Ltd
AU:FGH
|
$26.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kincora Copper Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,503,000 to 17,286,000, a change of -217,000 (-1.2%).
- Net loss of 2,556,000 reduced equity.
- Share repurchases of 1,158,000 reduced equity.
- New share issuances of 1,158,000 increased equity.
- Other comprehensive income increased equity by 118,000.
- Other factors increased equity by 2,221,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.56 Million | -14.79% |
| Share Repurchases | AU$1.16 Million | -6.7% |
| Share Issuances | AU$1.16 Million | +6.7% |
| Other Comprehensive Income | AU$118.00K | +0.68% |
| Other Changes | AU$2.22 Million | +12.85% |
| Total Change | AU$- | -1.24% |
Book Value vs Market Value Analysis
This analysis compares Kincora Copper 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | AU$2935.59 | AU$0.87 | x |
| 1997-12-31 | AU$9348.34 | AU$0.87 | x |
| 1998-12-31 | AU$8999.28 | AU$0.87 | x |
| 1999-12-31 | AU$3914.80 | AU$0.87 | x |
| 2000-12-31 | AU$4618.51 | AU$0.87 | x |
| 2001-12-31 | AU$2456.69 | AU$0.87 | x |
| 2002-12-31 | AU$1896.88 | AU$0.87 | x |
| 2003-12-31 | AU$1350.10 | AU$0.87 | x |
| 2005-12-31 | AU$1309.67 | AU$0.87 | x |
| 2006-12-31 | AU$1570.52 | AU$0.87 | x |
| 2007-12-31 | AU$1387.70 | AU$0.87 | x |
| 2008-12-31 | AU$105.99 | AU$0.87 | x |
| 2009-12-31 | AU$38.57 | AU$0.87 | x |
| 2010-12-31 | AU$-36.49 | AU$0.87 | x |
| 2011-12-31 | AU$192.44 | AU$0.87 | x |
| 2012-12-31 | AU$96.34 | AU$0.87 | x |
| 2013-12-31 | AU$62.30 | AU$0.87 | x |
| 2014-12-31 | AU$48.66 | AU$0.87 | x |
| 2015-12-31 | AU$43.58 | AU$0.87 | x |
| 2016-12-31 | AU$39.05 | AU$0.87 | x |
| 2017-12-31 | AU$28.29 | AU$0.87 | x |
| 2018-12-31 | AU$22.34 | AU$0.87 | x |
| 2019-12-31 | AU$15.40 | AU$0.87 | x |
| 2020-12-31 | AU$4.94 | AU$0.87 | x |
| 2021-12-31 | AU$1.43 | AU$0.87 | x |
| 2022-12-31 | AU$1.27 | AU$0.87 | x |
| 2023-12-31 | AU$0.96 | AU$0.87 | x |
| 2024-12-31 | AU$0.69 | AU$0.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kincora Copper Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-14.79%) is above the historical average (-42.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -23.11% | -11900.00% | 0.00x | 1.02x | AU$-17.05 Million |
| 1998 | -49.00% | -24500.00% | 0.00x | 1.01x | AU$-29.50 Million |
| 1999 | -4.60% | -1200.00% | 0.00x | 1.03x | AU$-3.81 Million |
| 2000 | -3.73% | -97500.00% | 0.00x | 1.07x | AU$-3.59 Million |
| 2001 | -78.67% | 0.00% | 0.00x | 1.12x | AU$-14.03 Million |
| 2002 | -29.32% | 0.00% | 0.00x | 1.17x | AU$-5.91 Million |
| 2003 | -46.52% | 0.00% | 0.00x | 1.09x | AU$-9.42 Million |
| 2005 | -4.25% | 0.00% | 0.00x | 1.07x | AU$-2.65 Million |
| 2006 | -11.02% | 0.00% | 0.00x | 1.07x | AU$-5.27 Million |
| 2007 | -0.62% | 0.00% | 0.00x | 1.02x | AU$-2.76 Million |
| 2008 | -359.11% | 0.00% | 0.00x | 1.33x | AU$-8.19 Million |
| 2009 | -179.83% | 0.00% | 0.00x | 3.26x | AU$-1.58 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.68 Million |
| 2011 | -6.52% | 0.00% | 0.00x | 1.01x | AU$-7.04 Million |
| 2012 | -4.72% | 0.00% | 0.00x | 1.04x | AU$-7.50 Million |
| 2013 | -21.53% | 0.00% | 0.00x | 1.06x | AU$-13.41 Million |
| 2014 | -4.30% | 0.00% | 0.00x | 1.06x | AU$-6.59 Million |
| 2015 | -2.37% | 0.00% | 0.00x | 1.06x | AU$-5.58 Million |
| 2016 | -3.35% | 0.00% | 0.00x | 1.02x | AU$-6.55 Million |
| 2017 | -7.18% | 0.00% | 0.00x | 1.01x | AU$-9.23 Million |
| 2018 | -4.48% | 0.00% | 0.00x | 1.01x | AU$-7.49 Million |
| 2019 | -9.27% | 0.00% | 0.00x | 1.02x | AU$-10.30 Million |
| 2020 | -116.36% | 0.00% | 0.00x | 1.03x | AU$-35.00 Million |
| 2021 | -144.70% | 0.00% | 0.00x | 1.04x | AU$-24.14 Million |
| 2022 | -12.55% | 0.00% | 0.00x | 1.03x | AU$-3.52 Million |
| 2023 | -8.34% | 0.00% | 0.00x | 1.01x | AU$-3.21 Million |
| 2024 | -14.79% | 0.00% | 0.00x | 1.04x | AU$-4.28 Million |
Industry Comparison
This section compares Kincora Copper Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $86,865,728
- Average return on equity (ROE) among peers: -4.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kincora Copper Ltd (KCC) | AU$20.50 Million | -23.11% | 0.04x | $26.32 Million |
| Alma Metals Ltd (ALM) | $17.14 Million | -7.71% | 0.01x | $20.56 Million |
| Austral Resources Australia Ltd (AR1) | $901.74K | 355.70% | 0.11x | $144.76 Million |
| Culpeo Minerals Ltd (CPO) | $9.59 Million | -18.91% | -0.04x | $5.61 Million |
| Caravel Minerals Ltd (CVV) | $8.72 Million | -126.85% | 0.18x | $118.61 Million |
| Cyprium Metals Ltd (CYM) | $78.57 Million | -33.95% | 1.21x | $167.70 Million |
| Greenx Metals Ltd (GRX) | $12.45 Million | -155.74% | 0.37x | $205.97 Million |
| Hot Chili Ltd (HCH) | $32.59 Million | -8.88% | 0.01x | $278.96 Million |
| Hillgrove Resources Ltd (HGO) | $54.88 Million | -29.75% | 0.84x | $128.03 Million |
| MAC Copper Ltd (MAC) | $566.96 Million | -14.41% | 1.48x | $1.08 Billion |
About Kincora Copper Ltd
Kincora Copper Limited engages in acquisition, exploration, and evaluation of mineral properties in Mongolia and Australia. It primarily explores for copper, gold, lead, zinc, silver deposits, and base metals. The company's Flagship The Fairholme project comprising an area of 169 square kilometers located in the southern sector of the Junee-Narromine volcanic belt of the Macquarie Arc, Australia;… Read more