White Cliff Minerals Ltd
White Cliff Minerals Limited engages in the exploration of mineral properties in Australia and Canada. It explores for lithium, rare earth elements, gold, copper, silver, nickel, uranium, iron oxide, lead, and cobalt deposits. The company was formerly known as White Cliff Nickel Limited and changed its name to White Cliff Minerals Limited in November 2011. White Cliff Minerals Limited was incorpo… Read more
White Cliff Minerals Ltd (WCN) - Net Assets
Latest net assets as of June 2025: AU$10.46 Million AUD
Based on the latest financial reports, White Cliff Minerals Ltd (WCN) has net assets worth AU$10.46 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$17.95 Million) and total liabilities (AU$7.50 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$10.46 Million |
| % of Total Assets | 58.25% |
| Annual Growth Rate | 0.8% |
| 5-Year Change | 231.75% |
| 10-Year Change | 227.53% |
| Growth Volatility | 80.82 |
White Cliff Minerals Ltd - Net Assets Trend (2008–2025)
This chart illustrates how White Cliff Minerals 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 White Cliff Minerals Ltd (2008–2025)
The table below shows the annual net assets of White Cliff Minerals Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$10.46 Million | +98.90% |
| 2024-06-30 | AU$5.26 Million | -53.13% |
| 2023-06-30 | AU$11.22 Million | +184.09% |
| 2022-06-30 | AU$3.95 Million | +25.26% |
| 2021-06-30 | AU$3.15 Million | -15.81% |
| 2020-06-30 | AU$3.74 Million | +107.31% |
| 2019-06-30 | AU$1.81 Million | +135.43% |
| 2018-06-30 | AU$767.00K | -57.26% |
| 2017-06-30 | AU$1.79 Million | -43.78% |
| 2016-06-30 | AU$3.19 Million | +169.35% |
| 2015-06-30 | AU$1.19 Million | -54.44% |
| 2014-06-30 | AU$2.60 Million | +39.74% |
| 2013-06-30 | AU$1.86 Million | +10.58% |
| 2012-06-30 | AU$1.68 Million | -53.83% |
| 2011-06-30 | AU$3.65 Million | -52.20% |
| 2010-06-30 | AU$7.63 Million | -12.77% |
| 2009-06-30 | AU$8.74 Million | -4.20% |
| 2008-06-30 | AU$9.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to White Cliff Minerals 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 5467050000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$60.99 Million | 583.30% |
| Other Comprehensive Income | AU$5.09 Million | 48.67% |
| Total Equity | AU$10.46 Million | 100.00% |
White Cliff Minerals Ltd Competitors by Market Cap
The table below lists competitors of White Cliff Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scientex Packaging
KLSE:8125
|
$17.30 Million |
|
Milestone Scientific
NYSE MKT:MLSS
|
$17.30 Million |
|
Jones Soda Co
OTCQB:JSDA
|
$17.31 Million |
|
Medhelp Care AB
ST:MEDHLP
|
$17.33 Million |
|
Shengjing Bank Co. Ltd
F:6SY
|
$17.29 Million |
|
Acer Gadget Inc
TW:2432
|
$17.29 Million |
|
Anthem Biosciences Ltd
NSE:ANTHEM
|
$17.29 Million |
|
Pasupati Acrylon Limited
NSE:PASUPTAC
|
$17.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in White Cliff Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,256,847 to 10,455,884, a change of 5,199,037 (98.9%).
- Net loss of 13,835,185 reduced equity.
- Other comprehensive income increased equity by 3,649,444.
- Other factors increased equity by 15,384,778.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-13.84 Million | -132.32% |
| Other Comprehensive Income | AU$3.65 Million | +34.9% |
| Other Changes | AU$15.38 Million | +147.14% |
| Total Change | AU$- | 98.90% |
Book Value vs Market Value Analysis
This analysis compares White Cliff Minerals 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: 2.95x
- 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 2.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$6.82 | AU$0.02 | x |
| 2009-06-30 | AU$4.51 | AU$0.02 | x |
| 2010-06-30 | AU$3.88 | AU$0.02 | x |
| 2011-06-30 | AU$1.70 | AU$0.02 | x |
| 2012-06-30 | AU$0.68 | AU$0.02 | x |
| 2013-06-30 | AU$0.76 | AU$0.02 | x |
| 2014-06-30 | AU$0.58 | AU$0.02 | x |
| 2015-06-30 | AU$0.07 | AU$0.02 | x |
| 2016-06-30 | AU$0.09 | AU$0.02 | x |
| 2017-06-30 | AU$0.05 | AU$0.02 | x |
| 2018-06-30 | AU$0.01 | AU$0.02 | x |
| 2019-06-30 | AU$0.00 | AU$0.02 | x |
| 2020-06-30 | AU$0.01 | AU$0.02 | x |
| 2021-06-30 | AU$0.01 | AU$0.02 | x |
| 2022-06-30 | AU$0.01 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$0.00 | AU$0.02 | x |
| 2025-06-30 | AU$0.01 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently White Cliff Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -132.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6917.59%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.72x
- Recent ROE (-132.32%) is below the historical average (-130.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -10.43% | 0.00% | 0.00x | 1.03x | AU$-1.86 Million |
| 2009 | -5.73% | 0.00% | 0.00x | 1.04x | AU$-1.38 Million |
| 2010 | -15.98% | 0.00% | 0.00x | 1.10x | AU$-1.98 Million |
| 2011 | -160.98% | 0.00% | 0.00x | 1.20x | AU$-6.23 Million |
| 2012 | -123.58% | -619.88% | 0.19x | 1.07x | AU$-2.25 Million |
| 2013 | -153.38% | -2266.08% | 0.06x | 1.10x | AU$-3.04 Million |
| 2014 | -62.51% | -64424.21% | 0.00x | 1.08x | AU$-1.89 Million |
| 2015 | -206.22% | -4881.49% | 0.03x | 1.61x | AU$-2.56 Million |
| 2016 | -105.91% | -4287.61% | 0.02x | 1.08x | AU$-3.70 Million |
| 2017 | -218.64% | -12697.02% | 0.01x | 1.24x | AU$-4.10 Million |
| 2018 | -688.43% | -270920.47% | 0.00x | 2.79x | AU$-5.36 Million |
| 2019 | -114.96% | -34467.28% | 0.00x | 1.08x | AU$-2.26 Million |
| 2020 | -9.81% | -1468.58% | 0.01x | 1.01x | AU$-741.50K |
| 2021 | -63.79% | -20104.92% | 0.00x | 1.07x | AU$-2.33 Million |
| 2022 | -52.49% | 0.00% | 0.00x | 1.04x | AU$-2.47 Million |
| 2023 | 28.17% | 103.52% | 0.25x | 1.10x | AU$2.04 Million |
| 2024 | -256.93% | -5888.30% | 0.04x | 1.06x | AU$-14.03 Million |
| 2025 | -132.32% | -6917.59% | 0.01x | 1.72x | AU$-14.88 Million |
Industry Comparison
This section compares White Cliff Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| White Cliff Minerals Ltd (WCN) | AU$10.46 Million | -10.43% | 0.72x | $17.29 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $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) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |