Southern Cross Gold Consolidated Ltd (SX2) - Net Assets
Based on the latest financial reports, Southern Cross Gold Consolidated Ltd (SX2) has net assets worth AU$246.41 Million AUD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$250.48 Million) and total liabilities (AU$4.07 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$246.41 Million |
| % of Total Assets | 98.38% |
| Annual Growth Rate | 45.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 443.41 |
Southern Cross Gold Consolidated Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Southern Cross Gold Consolidated 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 Southern Cross Gold Consolidated Ltd (2021–2025)
The table below shows the annual net assets of Southern Cross Gold Consolidated Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | AU$241.14 Million | +1004.28% |
| 2024-05-31 | AU$21.84 Million | -63.46% |
| 2023-05-31 | AU$59.76 Million | +2.71% |
| 2022-05-31 | AU$58.19 Million | +7.77% |
| 2021-05-31 | AU$53.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Cross Gold Consolidated 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 37101361000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$658.15 Million | 272.93% |
| Total Equity | AU$241.14 Million | 100.00% |
Southern Cross Gold Consolidated Ltd Competitors by Market Cap
The table below lists competitors of Southern Cross Gold Consolidated Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investis Holding S.A.
LSE:0RHV
|
$2.02 Billion |
|
Brigade Enterprises Limited
NSE:BRIGADE
|
$2.02 Billion |
|
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868
|
$2.02 Billion |
|
Optima bank S.A.
F:C59
|
$2.02 Billion |
|
Robertet S.A.
LSE:0NZN
|
$2.02 Billion |
|
Cloudwalk Technology Co. Ltd. A
SHG:688327
|
$2.02 Billion |
|
Spartan Resources Ltd
AU:SPR
|
$2.01 Billion |
|
Wangfujing
SHG:600859
|
$2.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Cross Gold Consolidated Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,836,810 to 241,140,120, a change of 219,303,310 (1004.3%).
- Share repurchases of 146,258,670 reduced equity.
- Other factors increased equity by 365,561,980.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$0.00 | -0.0% |
| Share Repurchases | AU$146.26 Million | -60.65% |
| Other Changes | AU$365.56 Million | +151.6% |
| Total Change | AU$- | 1004.28% |
Book Value vs Market Value Analysis
This analysis compares Southern Cross Gold Consolidated 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: 11.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.45x to 11.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | AU$0.67 | AU$11.00 | x |
| 2022-05-31 | AU$0.63 | AU$11.00 | x |
| 2023-05-31 | AU$0.64 | AU$11.00 | x |
| 2024-05-31 | AU$0.23 | AU$11.00 | x |
| 2025-05-31 | AU$0.93 | AU$11.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Cross Gold Consolidated Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -200.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.85x
- Recent ROE (-200.66%) is below the historical average (-55.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -5.45% | 0.00% | 0.00x | 1.02x | AU$-8.34 Million |
| 2022 | -6.68% | 0.00% | 0.00x | 1.14x | AU$-9.70 Million |
| 2023 | -8.29% | 0.00% | 0.00x | 1.28x | AU$-10.93 Million |
| 2024 | -200.66% | 0.00% | 0.00x | 1.85x | AU$-46.00 Million |
Industry Comparison
This section compares Southern Cross Gold Consolidated Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $24,900,890
- Average return on equity (ROE) among peers: -2760.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Cross Gold Consolidated Ltd (SX2) | AU$246.41 Million | -5.45% | 0.02x | $2.02 Billion |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $2.79 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $8.79 Million |
| Astral Resources NL (AAR) | $1.89K | -27430.83% | 0.31x | $235.76 Million |
| Antilles Gold Ltd (AAU) | $4.53 Million | -0.02% | 0.00x | $30.89 Million |
| Adelong Gold Ltd (ADG) | $1.42 Million | -36.10% | 0.13x | $9.43 Million |
| Ardiden Ltd (ADV) | $16.70 Million | -7.39% | 0.03x | $51.70 Million |
| Australian Gold and Copper Ltd (AGC) | $35.56 Million | -3.06% | 0.02x | $31.44 Million |
| Ark Mines Ltd (AHK) | $6.40 Million | -18.50% | 0.12x | $18.17 Million |
| Aureka Ltd (AKA) | $3.84 Million | -18.30% | 0.11x | $12.25 Million |
| Alkane Resources Ltd (ALK) | $170.45 Million | -2.40% | 0.12x | $1.39 Billion |
About Southern Cross Gold Consolidated Ltd
Southern Cross Gold Consolidated Ltd. engages in the acquisition and exploration of precious and energy mineral interests in Australia. The company explores for gold, antimony, iron oxide, and copper deposits. Its flagship property is the 100% owned Sunday Creek project covering an area of 19,365 hectares of granted exploration tenements located north of Melbourne in Victoria. The company is base… Read more