Red 5 Ltd
Red 5 Limited engages in the exploration, production, and mining of gold and gold/copper concentrates in Canada and Australia. The company was incorporated in 1995 and is based in South Perth, Australia.
Red 5 Ltd (RED) - Net Assets
Latest net assets as of June 2024: AU$1.62 Billion AUD
Based on the latest financial reports, Red 5 Ltd (RED) has net assets worth AU$1.62 Billion AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.17 Billion) and total liabilities (AU$546.79 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$1.62 Billion |
| % of Total Assets | 74.77% |
| Annual Growth Rate | 23.96% |
| 5-Year Change | 726.71% |
| 10-Year Change | 845.23% |
| Growth Volatility | 101.44 |
Red 5 Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Red 5 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 Red 5 Ltd (1997–2024)
The table below shows the annual net assets of Red 5 Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$1.62 Billion | +391.03% |
| 2023-06-30 | AU$330.07 Million | +80.57% |
| 2022-06-30 | AU$182.79 Million | -20.83% |
| 2021-06-30 | AU$230.88 Million | +17.76% |
| 2020-06-30 | AU$196.05 Million | +146.98% |
| 2019-06-30 | AU$79.38 Million | -2.30% |
| 2018-06-30 | AU$81.25 Million | +16.98% |
| 2017-06-30 | AU$69.46 Million | -63.72% |
| 2016-06-30 | AU$191.43 Million | +11.64% |
| 2015-06-30 | AU$171.47 Million | -13.22% |
| 2014-06-30 | AU$197.59 Million | +29.65% |
| 2013-06-30 | AU$152.41 Million | +1.92% |
| 2012-06-30 | AU$149.54 Million | +15.56% |
| 2011-06-30 | AU$129.41 Million | +35.09% |
| 2010-06-30 | AU$95.80 Million | +89.27% |
| 2009-06-30 | AU$50.61 Million | +4.27% |
| 2008-06-30 | AU$48.54 Million | +195.17% |
| 2007-06-30 | AU$16.45 Million | -6.46% |
| 2006-06-30 | AU$17.58 Million | +5.03% |
| 2005-06-30 | AU$16.74 Million | +37.85% |
| 2004-06-30 | AU$12.14 Million | +311.09% |
| 2003-06-30 | AU$2.95 Million | -3.99% |
| 2002-06-30 | AU$3.08 Million | +22.88% |
| 2001-06-30 | AU$2.50 Million | -6.64% |
| 2000-06-30 | AU$2.68 Million | +2.21% |
| 1999-06-30 | AU$2.62 Million | -41.76% |
| 1998-06-30 | AU$4.51 Million | -8.23% |
| 1997-06-30 | AU$4.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red 5 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 27858467700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$2.09 Billion | 128.67% |
| Other Comprehensive Income | AU$-184.88 Million | -11.41% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$1.62 Billion | 100.00% |
Red 5 Ltd Competitors by Market Cap
The table below lists competitors of Red 5 Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uniqure NV
NASDAQ:QURE
|
$677.48 Million |
|
First Watch Restaurant Group Inc
NASDAQ:FWRG
|
$677.71 Million |
|
Hanmi Science
KO:008930
|
$677.75 Million |
|
Xinhuanet Co Ltd
SHG:603888
|
$677.99 Million |
|
Dicker Data Ltd
AU:DDR
|
$675.88 Million |
|
Bukit Asam Tbk PT
JK:PTBA
|
$675.57 Million |
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$675.56 Million |
|
Shenzhen Das Intellitech Co Ltd
SHE:002421
|
$675.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red 5 Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 330,088,000 to 1,620,775,000, a change of 1,290,687,000 (391.0%).
- Net loss of 5,438,000 reduced equity.
- Share repurchases of 585,000 reduced equity.
- Other comprehensive income decreased equity by 193,975,999.
- Other factors increased equity by 1,490,685,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.44 Million | -0.34% |
| Share Repurchases | AU$585.00K | -0.04% |
| Other Comprehensive Income | AU$-193.98 Million | -11.97% |
| Other Changes | AU$1.49 Billion | +91.97% |
| Total Change | AU$- | 391.01% |
Book Value vs Market Value Analysis
This analysis compares Red 5 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: 0.77x
- 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 143.25x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-06-30 | AU$0.00 | AU$0.35 | x |
| 1998-06-30 | AU$0.00 | AU$0.35 | x |
| 1999-06-30 | AU$0.00 | AU$0.35 | x |
| 2000-06-30 | AU$0.00 | AU$0.35 | x |
| 2001-06-30 | AU$0.00 | AU$0.35 | x |
| 2002-06-30 | AU$0.00 | AU$0.35 | x |
| 2003-06-30 | AU$0.00 | AU$0.35 | x |
| 2004-06-30 | AU$0.01 | AU$0.35 | x |
| 2005-06-30 | AU$0.01 | AU$0.35 | x |
| 2006-06-30 | AU$0.01 | AU$0.35 | x |
| 2007-06-30 | AU$0.01 | AU$0.35 | x |
| 2008-06-30 | AU$0.02 | AU$0.35 | x |
| 2009-06-30 | AU$0.03 | AU$0.35 | x |
| 2010-06-30 | AU$0.05 | AU$0.35 | x |
| 2011-06-30 | AU$0.06 | AU$0.35 | x |
| 2012-06-30 | AU$0.07 | AU$0.35 | x |
| 2013-06-30 | AU$0.08 | AU$0.35 | x |
| 2014-06-30 | AU$0.10 | AU$0.35 | x |
| 2015-06-30 | AU$0.09 | AU$0.35 | x |
| 2016-06-30 | AU$0.10 | AU$0.35 | x |
| 2017-06-30 | AU$0.04 | AU$0.35 | x |
| 2018-06-30 | AU$0.08 | AU$0.35 | x |
| 2019-06-30 | AU$0.07 | AU$0.35 | x |
| 2020-06-30 | AU$0.10 | AU$0.35 | x |
| 2021-06-30 | AU$0.11 | AU$0.35 | x |
| 2022-06-30 | AU$0.08 | AU$0.35 | x |
| 2023-06-30 | AU$0.12 | AU$0.35 | x |
| 2024-06-30 | AU$0.45 | AU$0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red 5 Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.88%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.34x
- Recent ROE (-0.34%) is above the historical average (-21.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -21.09% | -2499.34% | 0.01x | 1.02x | AU$-1.53 Million |
| 1998 | -79.11% | 0.00% | 0.00x | 1.15x | AU$-4.01 Million |
| 1999 | -82.91% | 0.00% | 0.00x | 1.17x | AU$-2.44 Million |
| 2000 | -14.27% | -98.88% | 0.12x | 1.16x | AU$-650.86K |
| 2001 | -21.29% | -619.73% | 0.03x | 1.21x | AU$-783.36K |
| 2002 | -49.92% | -3339.00% | 0.01x | 1.22x | AU$-1.84 Million |
| 2003 | -59.35% | -14609.11% | 0.00x | 1.20x | AU$-2.05 Million |
| 2004 | -6.60% | -320.56% | 0.02x | 1.10x | AU$-2.02 Million |
| 2005 | 0.41% | 14.44% | 0.03x | 1.09x | AU$-1.59 Million |
| 2006 | -7.47% | 0.00% | 0.00x | 1.09x | AU$-3.07 Million |
| 2007 | -8.37% | -71672.25% | 0.00x | 1.17x | AU$-3.02 Million |
| 2008 | -1.29% | 0.00% | 0.00x | 1.07x | AU$-5.48 Million |
| 2009 | -1.56% | 0.00% | 0.00x | 1.02x | AU$-5.85 Million |
| 2010 | -0.45% | 0.00% | 0.00x | 1.03x | AU$-10.01 Million |
| 2011 | -6.21% | -1633.65% | 0.00x | 1.05x | AU$-21.02 Million |
| 2012 | -1.16% | -40.76% | 0.03x | 1.07x | AU$-16.74 Million |
| 2013 | -5.71% | -30.56% | 0.15x | 1.25x | AU$-23.98 Million |
| 2014 | -3.41% | -9553.90% | 0.00x | 1.02x | AU$-26.58 Million |
| 2015 | -34.08% | -212.80% | 0.15x | 1.06x | AU$-76.13 Million |
| 2016 | 10.97% | 21.67% | 0.47x | 1.08x | AU$1.87 Million |
| 2017 | -147.08% | -156.98% | 0.87x | 1.08x | AU$-114.87 Million |
| 2018 | -13.65% | -15.13% | 0.44x | 2.03x | AU$-20.16 Million |
| 2019 | -3.86% | -2.08% | 0.87x | 2.13x | AU$-11.52 Million |
| 2020 | 2.23% | 2.06% | 0.63x | 1.72x | AU$-15.50 Million |
| 2021 | -18.28% | -22.62% | 0.55x | 1.47x | AU$-66.40 Million |
| 2022 | -27.22% | -30.54% | 0.28x | 3.16x | AU$-68.03 Million |
| 2023 | -2.64% | -2.07% | 0.63x | 2.03x | AU$-41.74 Million |
| 2024 | -0.34% | -0.88% | 0.29x | 1.34x | AU$-167.52 Million |
Industry Comparison
This section compares Red 5 Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $39,500,222
- Average return on equity (ROE) among peers: -1151.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red 5 Ltd (RED) | AU$1.62 Billion | -21.09% | 0.34x | $675.95 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $5.74K | -11421.79% | 0.13x | $145.04 Million |
| Adelong Gold Ltd (ADG) | $4.53 Million | -12.96% | 0.02x | $6.07 Million |
| Ardiden Ltd (ADV) | $4.59 Million | -31.81% | 0.14x | $10.44 Million |
| Ark Mines Ltd (AHK) | $-5.30 Million | 0.00% | 0.00x | $7.52 Million |
| Aureka Ltd (AKA) | $3.84 Million | -18.30% | 0.11x | $6.48 Million |
| Alkane Resources Ltd (ALK) | $345.69 Million | 9.56% | 0.57x | $207.18 Million |
| Alchemy Resources Ltd (ALY) | $11.99 Million | -10.87% | 0.03x | $4.22 Million |