MC Mining Ltd
MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of steelmaking and thermal coal projects in South Africa. Its flagship project is the 67% owned Makhado steelmaking hard coking coal project located in the Soutpansberg coalfield in the Limpopo province. The company was formerly known as Coal of Africa Limited and changed its nam… Read more
MC Mining Ltd (MCM) - Net Assets
Latest net assets as of June 2025: AU$84.75 Million AUD
Based on the latest financial reports, MC Mining Ltd (MCM) has net assets worth AU$84.75 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$114.95 Million) and total liabilities (AU$30.20 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$84.75 Million |
| % of Total Assets | 73.73% |
| Annual Growth Rate | 13.17% |
| 5-Year Change | -21.89% |
| 10-Year Change | -64.81% |
| Growth Volatility | 426.71 |
MC Mining Ltd - Net Assets Trend (2000–2025)
This chart illustrates how MC Mining 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 MC Mining Ltd (2000–2025)
The table below shows the annual net assets of MC Mining Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$83.21 Million | +10.35% |
| 2024-06-30 | AU$75.41 Million | -13.67% |
| 2023-06-30 | AU$87.35 Million | +13.24% |
| 2022-06-30 | AU$77.14 Million | -27.59% |
| 2021-06-30 | AU$106.52 Million | +7.66% |
| 2020-06-30 | AU$98.94 Million | -25.12% |
| 2019-06-30 | AU$132.14 Million | -22.60% |
| 2018-06-30 | AU$170.73 Million | -37.43% |
| 2017-06-30 | AU$272.87 Million | +15.41% |
| 2016-06-30 | AU$236.44 Million | -13.88% |
| 2015-06-30 | AU$274.56 Million | -2.06% |
| 2014-06-30 | AU$280.32 Million | -18.15% |
| 2013-06-30 | AU$342.47 Million | -9.22% |
| 2012-06-30 | AU$377.27 Million | -12.42% |
| 2011-06-30 | AU$430.79 Million | -18.82% |
| 2010-06-30 | AU$530.67 Million | +25.57% |
| 2009-06-30 | AU$422.60 Million | -10.67% |
| 2008-06-30 | AU$473.07 Million | +269.67% |
| 2007-06-30 | AU$127.97 Million | +2151.30% |
| 2006-06-30 | AU$5.68 Million | -16.92% |
| 2005-06-30 | AU$6.84 Million | +13.58% |
| 2004-06-30 | AU$6.02 Million | +36.94% |
| 2003-06-30 | AU$4.40 Million | -20.42% |
| 2002-06-30 | AU$5.53 Million | +311.92% |
| 2001-06-30 | AU$1.34 Million | -64.49% |
| 2000-06-30 | AU$3.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MC Mining 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 97984500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.11 Billion | 1307.06% |
| Other Comprehensive Income | AU$-43.11 Million | -50.86% |
| Total Equity | AU$84.75 Million | 100.00% |
MC Mining Ltd Competitors by Market Cap
The table below lists competitors of MC Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gaming Corps AB
ST:GCOR
|
$9.56 Million |
|
Heng Sheng Holding Group Limited
KQ:900270
|
$9.56 Million |
|
SSH COMMUN.SEC.OYJ EO-03
F:XXH
|
$9.56 Million |
|
Plateer Co. Ltd.
KQ:367000
|
$9.57 Million |
|
Vertiqal Studios Corp.
PINK:VERTF
|
$9.56 Million |
|
BLUELAKE MINERAL AB
F:5KG0
|
$9.56 Million |
|
Bicycle Therapeutics Ltd
NASDAQ:BCYC
|
$9.55 Million |
|
Asmallworld AG
SW:ASWN
|
$9.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MC Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,643,000 to 84,747,000, a change of 8,104,000 (10.6%).
- Net loss of 35,681,000 reduced equity.
- Other comprehensive income increased equity by 6,383,000.
- Other factors increased equity by 37,402,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-35.68 Million | -42.1% |
| Other Comprehensive Income | AU$6.38 Million | +7.53% |
| Other Changes | AU$37.40 Million | +44.13% |
| Total Change | AU$- | 10.57% |
Book Value vs Market Value Analysis
This analysis compares MC Mining 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: 1.52x
- 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 0.01x to 1.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$26.75 | AU$0.26 | x |
| 2006-06-30 | AU$2.02 | AU$0.26 | x |
| 2007-06-30 | AU$22.40 | AU$0.26 | x |
| 2008-06-30 | AU$25.97 | AU$0.26 | x |
| 2009-06-30 | AU$15.51 | AU$0.26 | x |
| 2010-06-30 | AU$17.56 | AU$0.26 | x |
| 2011-06-30 | AU$12.35 | AU$0.26 | x |
| 2012-06-30 | AU$9.34 | AU$0.26 | x |
| 2013-06-30 | AU$5.82 | AU$0.26 | x |
| 2014-06-30 | AU$4.07 | AU$0.26 | x |
| 2015-06-30 | AU$2.95 | AU$0.26 | x |
| 2016-06-30 | AU$1.89 | AU$0.26 | x |
| 2017-06-30 | AU$2.06 | AU$0.26 | x |
| 2018-06-30 | AU$1.21 | AU$0.26 | x |
| 2019-06-30 | AU$0.94 | AU$0.26 | x |
| 2020-06-30 | AU$0.71 | AU$0.26 | x |
| 2021-06-30 | AU$0.70 | AU$0.26 | x |
| 2022-06-30 | AU$0.48 | AU$0.26 | x |
| 2023-06-30 | AU$0.30 | AU$0.26 | x |
| 2024-06-30 | AU$0.19 | AU$0.26 | x |
| 2025-06-30 | AU$0.17 | AU$0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MC Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -42.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -204.45%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.36x
- Recent ROE (-42.10%) is below the historical average (-18.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.97% | 13.77% | 0.43x | 1.02x | AU$-222.80K |
| 2005 | 13.98% | 2.56% | 1.31x | 4.18x | AU$172.13K |
| 2006 | -11.40% | -1.82% | 1.56x | 4.01x | AU$-818.55K |
| 2007 | -2.72% | -6.43% | 0.38x | 1.11x | AU$-15.95 Million |
| 2008 | -2.29% | -20.91% | 0.11x | 1.02x | AU$-57.77 Million |
| 2009 | -2.81% | -40.60% | 0.07x | 1.04x | AU$-53.36 Million |
| 2010 | -31.87% | -170.53% | 0.15x | 1.26x | AU$-220.40 Million |
| 2011 | -50.91% | -83.77% | 0.44x | 1.38x | AU$-262.02 Million |
| 2012 | -36.88% | -56.97% | 0.44x | 1.47x | AU$-176.58 Million |
| 2013 | -43.33% | -14638.04% | 0.00x | 1.25x | AU$-182.33 Million |
| 2014 | -30.07% | -11053.88% | 0.00x | 1.23x | AU$-112.09 Million |
| 2015 | -2.45% | -967.00% | 0.00x | 1.12x | AU$-34.11 Million |
| 2016 | -9.94% | -4035.28% | 0.00x | 1.16x | AU$-47.03 Million |
| 2017 | -5.71% | 0.00% | 0.00x | 1.12x | AU$-42.77 Million |
| 2018 | -60.82% | -316.88% | 0.16x | 1.19x | AU$-120.63 Million |
| 2019 | -25.31% | -126.58% | 0.15x | 1.32x | AU$-46.63 Million |
| 2020 | -12.10% | -70.23% | 0.13x | 1.36x | AU$-22.01 Million |
| 2021 | -10.95% | -56.73% | 0.13x | 1.44x | AU$-22.47 Million |
| 2022 | -26.59% | -88.18% | 0.19x | 1.61x | AU$-28.53 Million |
| 2023 | -4.89% | -9.63% | 0.36x | 1.41x | AU$-13.14 Million |
| 2024 | -18.68% | -39.05% | 0.32x | 1.51x | AU$-21.98 Million |
| 2025 | -42.10% | -204.45% | 0.15x | 1.36x | AU$-44.16 Million |
Industry Comparison
This section compares MC Mining Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $7,111,209
- Average return on equity (ROE) among peers: 27.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MC Mining Ltd (MCM) | AU$84.75 Million | 5.97% | 0.36x | $9.56 Million |
| Australian Pacific Coal Ltd (AQC) | $1.06 Million | 158.05% | 1.82x | $1.34 Million |
| Austchina Holdings Ltd (AUH) | $15.64 Million | -2.15% | 0.15x | $887.71K |
| Intra Energy Corporation (IEC) | $-16.01 Million | 0.00% | 0.00x | $1.57 Million |
| Pacific Resources Limited (PXR) | $14.72 Million | -7.60% | 0.15x | $672.13K |
| REY Resources Ltd (REY) | $20.15 Million | -11.08% | 0.99x | $360.13K |