Kuniko Ltd
Kuniko Limited engages in the mineral exploration business in Scandinavia. The company primarily explores for nickel, copper, lithium, and cobalt deposits. Its flagship project is the Ertelien Project located in southern Norway in Ringerike Municipality northwest of Oslo. The company was formerly known as Koppar Resources Europe Pty Ltd. Kuniko Limited was incorporated in 2017 and is based in Per… Read more
Kuniko Ltd (KNI) - Net Assets
Latest net assets as of June 2025: AU$10.49 Million AUD
Based on the latest financial reports, Kuniko Ltd (KNI) has net assets worth AU$10.49 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$12.59 Million) and total liabilities (AU$2.10 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$10.49 Million |
| % of Total Assets | 83.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.54 |
Kuniko Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Kuniko 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 Kuniko Ltd (2017–2024)
The table below shows the annual net assets of Kuniko Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$11.64 Million | -28.24% |
| 2023-12-31 | AU$16.23 Million | +34.48% |
| 2022-12-31 | AU$12.07 Million | +80.43% |
| 2021-12-31 | AU$6.69 Million | +3339.32% |
| 2020-12-31 | AU$-206.44K | +34.96% |
| 2019-12-31 | AU$-317.39K | -176.26% |
| 2018-12-31 | AU$-114.89K | -5871.31% |
| 2017-12-31 | AU$-1.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuniko 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 1547045900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.43 Million | 226.97% |
| Other Comprehensive Income | AU$688.14K | 5.91% |
| Total Equity | AU$11.64 Million | 100.00% |
Kuniko Ltd Competitors by Market Cap
The table below lists competitors of Kuniko Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nampak
JSE:NPK
|
$2.03 Million |
|
DESTINY MEDIA DL-001
F:DME1
|
$2.03 Million |
|
Nu-Med Plus Inc
OTCQB:NUMD
|
$2.03 Million |
|
Vision Marine Technologies Inc
NASDAQ:VMAR
|
$2.03 Million |
|
Strategic Energy Resources Ltd
AU:SER
|
$2.03 Million |
|
E-Home Household Service Holdings Ltd
NASDAQ:EJH
|
$2.03 Million |
|
Scworx Corp
NASDAQ:WORX
|
$2.03 Million |
|
Presidio Property Trust
NASDAQ:SQFT
|
$2.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuniko Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,226,424 to 11,643,724, a change of -4,582,700 (-28.2%).
- Net loss of 4,692,663 reduced equity.
- Other comprehensive income increased equity by 30,087.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.69 Million | -40.3% |
| Other Comprehensive Income | AU$30.09K | +0.26% |
| Other Changes | AU$79.88K | +0.69% |
| Total Change | AU$- | -28.24% |
Book Value vs Market Value Analysis
This analysis compares Kuniko 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: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.00 | AU$0.05 | x |
| 2018-12-31 | AU$0.00 | AU$0.05 | x |
| 2019-12-31 | AU$-0.01 | AU$0.05 | x |
| 2020-12-31 | AU$0.00 | AU$0.05 | x |
| 2021-12-31 | AU$0.12 | AU$0.05 | x |
| 2022-12-31 | AU$0.19 | AU$0.05 | x |
| 2023-12-31 | AU$0.22 | AU$0.05 | x |
| 2024-12-31 | AU$0.13 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuniko Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4091.50%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (-40.30%) is below the historical average (-15.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.83K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-101.48K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-170.77K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-618.29K |
| 2021 | -30.50% | -898451.54% | 0.00x | 1.16x | AU$-2.71 Million |
| 2022 | -22.60% | -9740.56% | 0.00x | 1.04x | AU$-3.93 Million |
| 2023 | -31.65% | -2653.13% | 0.01x | 1.04x | AU$-6.76 Million |
| 2024 | -40.30% | -4091.50% | 0.01x | 1.09x | AU$-5.86 Million |
Industry Comparison
This section compares Kuniko 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 |
|---|---|---|---|---|
| Kuniko Ltd (KNI) | AU$10.49 Million | 0.00% | 0.20x | $2.03 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 |