New World Resources Ltd
New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the … Read more
New World Resources Ltd (NWC) - Net Assets
Latest net assets as of December 2024: AU$76.84 Million AUD
Based on the latest financial reports, New World Resources Ltd (NWC) has net assets worth AU$76.84 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$78.59 Million) and total liabilities (AU$1.75 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$76.84 Million |
| % of Total Assets | 97.78% |
| Annual Growth Rate | 14.07% |
| 5-Year Change | 292.76% |
| 10-Year Change | 1063.9% |
| Growth Volatility | 529.24 |
New World Resources Ltd - Net Assets Trend (2005–2024)
This chart illustrates how New World 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 New World Resources Ltd (2005–2024)
The table below shows the annual net assets of New World Resources Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$72.10 Million | +40.36% |
| 2023-06-30 | AU$51.37 Million | +41.59% |
| 2022-06-30 | AU$36.28 Million | -25.89% |
| 2021-06-30 | AU$48.95 Million | +166.67% |
| 2020-06-30 | AU$18.36 Million | +12.91% |
| 2019-06-30 | AU$16.26 Million | -7.91% |
| 2018-06-30 | AU$17.65 Million | +71.12% |
| 2017-06-30 | AU$10.32 Million | +91.06% |
| 2016-06-30 | AU$5.40 Million | -12.83% |
| 2015-06-30 | AU$6.19 Million | +29.56% |
| 2014-06-30 | AU$4.78 Million | +1.33% |
| 2013-06-30 | AU$4.72 Million | -71.35% |
| 2012-06-30 | AU$16.47 Million | +12.36% |
| 2011-06-30 | AU$14.66 Million | +2346.99% |
| 2010-06-30 | AU$599.15K | +557.34% |
| 2009-06-30 | AU$91.15K | -99.45% |
| 2008-06-30 | AU$16.64 Million | +28.57% |
| 2007-06-30 | AU$12.94 Million | +117.52% |
| 2006-06-30 | AU$5.95 Million | +0.62% |
| 2005-06-30 | AU$5.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New World 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 decreased by 9981691100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$154.88 Million | 214.81% |
| Other Comprehensive Income | AU$17.06 Million | 23.66% |
| Total Equity | AU$72.10 Million | 100.00% |
New World Resources Ltd Competitors by Market Cap
The table below lists competitors of New World Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smtrack Bhd
KLSE:0169
|
$1.07 Million |
|
POLAREAN IMAG.LS-00037
F:8ZF
|
$1.07 Million |
|
Checkin.com Group AB
ST:CHECK
|
$1.07 Million |
|
STATE STREET (ZYA.SG)
STU:ZYA
|
$1.07 Million |
|
EMERSON ELECTRIC - Dusseldorf Stock Exchang
DU:EMR
|
$1.07 Million |
|
SUNKWAN P.G. DL-000001
F:5YQ
|
$1.07 Million |
|
Neotion SA
PA:ALNEO
|
$1.07 Million |
|
TION RENEWABLES AG
F:TION
|
$1.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New World Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,368,852 to 72,099,034, a change of 20,730,182 (40.4%).
- Net loss of 2,927,000 reduced equity.
- Share repurchases of 1,556,378 reduced equity.
- New share issuances of 25,416,428 increased equity.
- Other comprehensive income decreased equity by 581,303.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.93 Million | -4.06% |
| Share Repurchases | AU$1.56 Million | -2.16% |
| Share Issuances | AU$25.42 Million | +35.25% |
| Other Comprehensive Income | AU$-581.30K | -0.81% |
| Other Changes | AU$378.44K | +0.52% |
| Total Change | AU$- | 40.36% |
Book Value vs Market Value Analysis
This analysis compares New World 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: 2.18x
- 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 2.18x 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$72.48 | AU$0.07 | x |
| 2006-06-30 | AU$85.72 | AU$0.07 | x |
| 2007-06-30 | AU$130.51 | AU$0.07 | x |
| 2008-06-30 | AU$92.25 | AU$0.07 | x |
| 2009-06-30 | AU$0.37 | AU$0.07 | x |
| 2010-06-30 | AU$1.27 | AU$0.07 | x |
| 2011-06-30 | AU$9.07 | AU$0.07 | x |
| 2012-06-30 | AU$7.03 | AU$0.07 | x |
| 2013-06-30 | AU$2.32 | AU$0.07 | x |
| 2014-06-30 | AU$0.48 | AU$0.07 | x |
| 2015-06-30 | AU$0.26 | AU$0.07 | x |
| 2016-06-30 | AU$0.15 | AU$0.07 | x |
| 2017-06-30 | AU$0.07 | AU$0.07 | x |
| 2018-06-30 | AU$0.04 | AU$0.07 | x |
| 2019-06-30 | AU$0.03 | AU$0.07 | x |
| 2020-06-30 | AU$0.02 | AU$0.07 | x |
| 2021-06-30 | AU$0.04 | AU$0.07 | x |
| 2022-06-30 | AU$0.02 | AU$0.07 | x |
| 2023-06-30 | AU$0.03 | AU$0.07 | x |
| 2024-06-30 | AU$0.03 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New World Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -760.16%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.04x
- Recent ROE (-4.06%) is above the historical average (-1092.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -7.45% | -381.90% | 0.02x | 1.02x | AU$-1.04 Million |
| 2007 | -15.23% | -1589516.13% | 0.00x | 1.03x | AU$-3.27 Million |
| 2008 | -113.85% | -6025.92% | 0.02x | 1.13x | AU$-20.61 Million |
| 2009 | -20024.80% | -84810.19% | 0.03x | 8.18x | AU$-18.26 Million |
| 2010 | -115.73% | 0.00% | 0.00x | 1.60x | AU$-753.32K |
| 2011 | -14.03% | 0.00% | 0.00x | 1.93x | AU$-2.06 Million |
| 2012 | -8.52% | 0.00% | 0.00x | 1.62x | AU$-1.95 Million |
| 2013 | -202.42% | 0.00% | 0.00x | 1.14x | AU$-10.28 Million |
| 2014 | -43.84% | -16655.00% | 0.00x | 0.70x | AU$-4.09 Million |
| 2015 | -5.19% | -1033.83% | 0.01x | 0.74x | AU$-1.37 Million |
| 2016 | -13.24% | -3711.31% | 0.01x | 0.71x | AU$-1.91 Million |
| 2017 | -33.79% | -182896.12% | 0.00x | 1.02x | AU$-4.52 Million |
| 2018 | -58.49% | -216181.70% | 0.00x | 1.02x | AU$-12.09 Million |
| 2019 | -46.98% | -252910.20% | 0.00x | 1.01x | AU$-9.26 Million |
| 2020 | -6.62% | -74985.00% | 0.00x | 1.02x | AU$-3.05 Million |
| 2021 | -5.73% | -215904.62% | 0.00x | 1.02x | AU$-7.70 Million |
| 2022 | -40.54% | -1215702.48% | 0.00x | 1.25x | AU$-18.34 Million |
| 2023 | -4.86% | -8294.61% | 0.00x | 1.04x | AU$-7.64 Million |
| 2024 | -4.06% | -760.16% | 0.01x | 1.04x | AU$-10.14 Million |
Industry Comparison
This section compares New World Resources 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 |
|---|---|---|---|---|
| New World Resources Ltd (NWC) | AU$76.84 Million | -7.45% | 0.02x | $1.07 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 |