Rincon Resources Ltd
Rincon Resources Limited engages in the acquisition, exploration, and development of mineral resources in Western Australia. The company explores for gold, copper, and other critical metal deposits. The company holds a 100% interest in the West Arunta project, consisting of a single granted exploration licence and three exploration licence applications covering approximately an area of 299 square… Read more
Rincon Resources Ltd (RCR) - Net Assets
Latest net assets as of June 2025: AU$13.43 Million AUD
Based on the latest financial reports, Rincon Resources Ltd (RCR) has net assets worth AU$13.43 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$13.48 Million) and total liabilities (AU$50.67K). 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$13.43 Million |
| % of Total Assets | 99.62% |
| Annual Growth Rate | -1.16% |
| 5-Year Change | 122.8% |
| 10-Year Change | -95.34% |
| Growth Volatility | 7096.75 |
Rincon Resources Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Rincon 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 Rincon Resources Ltd (2000–2025)
The table below shows the annual net assets of Rincon Resources Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.43 Million | -3.56% |
| 2024-06-30 | AU$13.93 Million | +160.09% |
| 2023-06-30 | AU$5.35 Million | +7.73% |
| 2022-06-30 | AU$4.97 Million | -17.55% |
| 2021-06-30 | AU$6.03 Million | -7.10% |
| 2020-06-30 | AU$6.49 Million | +36231.85% |
| 2019-06-30 | AU$17.86K | -100.00% |
| 2018-06-30 | AU$380.92 Million | +22.23% |
| 2017-06-30 | AU$311.64 Million | +8.22% |
| 2016-06-30 | AU$287.97 Million | -8.91% |
| 2015-06-30 | AU$316.14 Million | +9.34% |
| 2014-06-30 | AU$289.13 Million | +14.41% |
| 2013-06-30 | AU$252.71 Million | +13.06% |
| 2012-06-30 | AU$223.53 Million | +7.72% |
| 2011-06-30 | AU$207.50 Million | +1.41% |
| 2010-06-30 | AU$204.61 Million | +10.21% |
| 2009-06-30 | AU$185.66 Million | +5.21% |
| 2008-06-30 | AU$176.47 Million | +25.27% |
| 2007-06-30 | AU$140.87 Million | +71.30% |
| 2006-06-30 | AU$82.23 Million | +77.56% |
| 2005-06-30 | AU$46.31 Million | +64.65% |
| 2004-06-30 | AU$28.13 Million | +26.39% |
| 2003-06-30 | AU$22.25 Million | +9.32% |
| 2002-06-30 | AU$20.36 Million | +12.72% |
| 2001-06-30 | AU$18.06 Million | +0.55% |
| 2000-06-30 | AU$17.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rincon 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 2851.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$17.39 Million | 129.50% |
| Other Comprehensive Income | AU$2.48 Million | 18.44% |
| Total Equity | AU$13.43 Million | 100.00% |
Rincon Resources Ltd Competitors by Market Cap
The table below lists competitors of Rincon Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medicure Inc
PINK:MCUJF
|
$2.54 Million |
|
ESKER (EKE.SG)
STU:EKE
|
$2.54 Million |
|
Chase Packaging Corp
PINK:WHLT
|
$2.54 Million |
|
1000MERCIS INH. EO-10
F:2PL
|
$2.54 Million |
|
CHINA FORTUNE HLDG.HD001
F:FTQ0
|
$2.54 Million |
|
Linus Digital Finance AG
XETRA:LDF
|
$2.54 Million |
|
Uni-Fuels Holdings Limited Class A Ordinary Shares
NASDAQ:UFG
|
$2.54 Million |
|
Mitra Pemuda Tbk PT
JK:MTRA
|
$2.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rincon Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,925,463 to 13,429,823, a change of -495,640 (-3.6%).
- Net loss of 1,260,058 reduced equity.
- Share repurchases of 148,500 reduced equity.
- Other comprehensive income increased equity by 578,660.
- Other factors increased equity by 334,258.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.26 Million | -9.38% |
| Share Repurchases | AU$148.50K | -1.11% |
| Other Comprehensive Income | AU$578.66K | +4.31% |
| Other Changes | AU$334.26K | +2.49% |
| Total Change | AU$- | -3.56% |
Book Value vs Market Value Analysis
This analysis compares Rincon 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: 0.41x
- 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.
- The price-to-book ratio has decreased from 55.53x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | AU$0.00 | AU$0.02 | x |
| 2020-06-30 | AU$0.22 | AU$0.02 | x |
| 2021-06-30 | AU$0.11 | AU$0.02 | x |
| 2022-06-30 | AU$0.10 | AU$0.02 | x |
| 2023-06-30 | AU$0.08 | AU$0.02 | x |
| 2024-06-30 | AU$0.08 | AU$0.02 | x |
| 2025-06-30 | AU$0.05 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rincon Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -665.08%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-9.38%) is above the historical average (-58.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.52% | 0.16% | 1.56x | 2.13x | AU$-1.71 Million |
| 2002 | 11.36% | 2.76% | 1.75x | 2.35x | AU$275.90K |
| 2003 | 9.23% | 2.25% | 1.75x | 2.34x | AU$-172.00K |
| 2004 | 8.83% | 2.57% | 1.54x | 2.23x | AU$-328.60K |
| 2005 | 14.00% | 3.96% | 1.66x | 2.12x | AU$1.85 Million |
| 2006 | 19.25% | 5.82% | 1.78x | 1.86x | AU$7.61 Million |
| 2007 | 12.52% | 4.84% | 1.36x | 1.90x | AU$3.55 Million |
| 2008 | 10.17% | 3.46% | 1.51x | 1.94x | AU$301.00K |
| 2009 | 7.51% | 2.37% | 1.72x | 1.85x | AU$-4.62 Million |
| 2010 | 8.53% | 3.20% | 1.53x | 1.74x | AU$-3.00 Million |
| 2011 | 9.42% | 3.22% | 1.70x | 1.73x | AU$-1.21 Million |
| 2012 | 12.20% | 3.37% | 2.09x | 1.73x | AU$4.92 Million |
| 2013 | 14.77% | 4.26% | 2.05x | 1.69x | AU$12.05 Million |
| 2014 | 14.98% | 3.33% | 2.04x | 2.21x | AU$14.39 Million |
| 2015 | 12.36% | 3.46% | 1.93x | 1.86x | AU$7.47 Million |
| 2016 | 3.12% | 1.01% | 1.64x | 1.89x | AU$-19.81 Million |
| 2017 | 8.24% | 1.99% | 1.67x | 2.49x | AU$-5.49 Million |
| 2018 | -4.22% | -0.80% | 2.08x | 2.53x | AU$-54.16 Million |
| 2019 | -1544.28% | 0.00% | 0.00x | 28.96x | AU$-277.56K |
| 2020 | 0.19% | 12.54% | 0.01x | 1.05x | AU$-636.27K |
| 2021 | -19.44% | -189047.58% | 0.00x | 1.03x | AU$-1.77 Million |
| 2022 | -26.17% | -2094.52% | 0.01x | 1.04x | AU$-1.80 Million |
| 2023 | -22.78% | -7046.45% | 0.00x | 1.04x | AU$-1.76 Million |
| 2024 | -11.01% | -6270.67% | 0.00x | 1.03x | AU$-2.93 Million |
| 2025 | -9.38% | -665.08% | 0.01x | 1.00x | AU$-2.60 Million |
Industry Comparison
This section compares Rincon Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rincon Resources Ltd (RCR) | AU$13.43 Million | 0.52% | 0.00x | $2.54 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |