Ten Sixty Four Ltd
Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production, and sale of gold properties in the Asia Pacific. Its flagship property is the Co-O Gold Mine, which includes 410 km² of tenements covering an area of approximately 70km of strike length located in Central Eastern Mindanao in the Republic of the Philippines. The company was form… Read more
Ten Sixty Four Ltd (X64) - Net Assets
Latest net assets as of June 2023: AU$266.69 Million AUD
Based on the latest financial reports, Ten Sixty Four Ltd (X64) has net assets worth AU$266.69 Million AUD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$278.76 Million) and total liabilities (AU$12.07 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$266.69 Million |
| % of Total Assets | 95.67% |
| Annual Growth Rate | 27.16% |
| 5-Year Change | 115.52% |
| 10-Year Change | -35.32% |
| Growth Volatility | 125.13 |
Ten Sixty Four Ltd - Net Assets Trend (2003–2023)
This chart illustrates how Ten Sixty Four 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 Ten Sixty Four Ltd (2003–2023)
The table below shows the annual net assets of Ten Sixty Four Ltd from 2003 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | AU$266.69 Million | -10.43% |
| 2022-06-30 | AU$297.74 Million | +54.21% |
| 2021-06-30 | AU$193.07 Million | +21.87% |
| 2020-06-30 | AU$158.42 Million | +28.03% |
| 2019-06-30 | AU$123.74 Million | +49.37% |
| 2018-06-30 | AU$82.84 Million | -57.95% |
| 2017-06-30 | AU$197.00 Million | -15.93% |
| 2016-06-30 | AU$234.34 Million | +22.05% |
| 2015-06-30 | AU$192.01 Million | -53.43% |
| 2014-06-30 | AU$412.31 Million | +15.74% |
| 2013-06-30 | AU$356.25 Million | +12.86% |
| 2012-06-30 | AU$315.67 Million | +14.42% |
| 2011-06-30 | AU$275.89 Million | +57.27% |
| 2010-06-30 | AU$175.43 Million | +63.89% |
| 2009-06-30 | AU$107.04 Million | +63.77% |
| 2008-06-30 | AU$65.36 Million | +9.35% |
| 2007-06-30 | AU$59.77 Million | +523.92% |
| 2006-06-30 | AU$9.58 Million | +267.36% |
| 2005-06-30 | AU$2.61 Million | +15.41% |
| 2004-06-30 | AU$2.26 Million | +3.57% |
| 2003-06-30 | AU$2.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ten Sixty Four 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 grown by 8830624419.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$88.17 Million | 33.49% |
| Common Stock | AU$172.13 Million | 65.39% |
| Other Comprehensive Income | AU$2.94 Million | 1.12% |
| Other Components | AU$1.36 | 0.00% |
| Total Equity | AU$263.24 Million | 100.00% |
Ten Sixty Four Ltd Competitors by Market Cap
The table below lists competitors of Ten Sixty Four Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viva Wine Group AB
ST:VIVA
|
$64.47 Million |
|
DFV Deutsche Familienversicherung AG
XETRA:DFV
|
$64.48 Million |
|
Harleysville Financial Corp
OTCQX:HARL
|
$64.49 Million |
|
Rashi Peripherals Limited
NSE:RPTECH
|
$64.51 Million |
|
Phytohealth Corp
TW:4108
|
$64.47 Million |
|
K Laser Technology Inc
TW:2461
|
$64.46 Million |
|
Taiwan Line Tek Electronic Co Ltd
TW:2462
|
$64.46 Million |
|
Hanshin Const
KO:004960
|
$64.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ten Sixty Four Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 297,736,041 to 263,243,156, a change of -34,492,885 (-11.6%).
- Net loss of 25,576,277 reduced equity.
- Dividend payments of 10,975,237 reduced retained earnings.
- Share repurchases of 290,486 reduced equity.
- Other comprehensive income decreased equity by 8,204,560.
- Other factors increased equity by 10,553,675.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-25.58 Million | -9.72% |
| Dividends Paid | AU$10.98 Million | -4.17% |
| Share Repurchases | AU$290.49K | -0.11% |
| Other Comprehensive Income | AU$-8.20 Million | -3.12% |
| Other Changes | AU$10.55 Million | +4.01% |
| Total Change | AU$- | -11.59% |
Book Value vs Market Value Analysis
This analysis compares Ten Sixty Four 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: 0.49x
- 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 10.32x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | AU$0.06 | AU$0.57 | x |
| 2004-06-30 | AU$0.06 | AU$0.57 | x |
| 2005-06-30 | AU$0.06 | AU$0.57 | x |
| 2006-06-30 | AU$0.17 | AU$0.57 | x |
| 2007-06-30 | AU$0.54 | AU$0.57 | x |
| 2008-06-30 | AU$0.41 | AU$0.57 | x |
| 2009-06-30 | AU$0.64 | AU$0.57 | x |
| 2010-06-30 | AU$1.00 | AU$0.57 | x |
| 2011-06-30 | AU$1.46 | AU$0.57 | x |
| 2012-06-30 | AU$1.67 | AU$0.57 | x |
| 2013-06-30 | AU$1.87 | AU$0.57 | x |
| 2014-06-30 | AU$2.04 | AU$0.57 | x |
| 2015-06-30 | AU$0.92 | AU$0.57 | x |
| 2016-06-30 | AU$1.11 | AU$0.57 | x |
| 2017-06-30 | AU$0.95 | AU$0.57 | x |
| 2018-06-30 | AU$0.40 | AU$0.57 | x |
| 2019-06-30 | AU$0.58 | AU$0.57 | x |
| 2020-06-30 | AU$0.75 | AU$0.57 | x |
| 2021-06-30 | AU$0.90 | AU$0.57 | x |
| 2022-06-30 | AU$1.28 | AU$0.57 | x |
| 2023-06-30 | AU$1.16 | AU$0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ten Sixty Four Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.76%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.72%) is below the historical average (-2.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -14.65% | -525.47% | 0.03x | 1.09x | AU$-557.00K |
| 2005 | -38.05% | -1626.76% | 0.02x | 1.06x | AU$-1.25 Million |
| 2006 | -18.14% | -47.79% | 0.34x | 1.12x | AU$-2.70 Million |
| 2007 | 12.74% | 83.28% | 0.13x | 1.19x | AU$1.64 Million |
| 2008 | -1.97% | -7.64% | 0.22x | 1.18x | AU$-7.83 Million |
| 2009 | 28.73% | 66.84% | 0.39x | 1.09x | AU$20.05 Million |
| 2010 | 37.52% | 70.10% | 0.51x | 1.05x | AU$48.27 Million |
| 2011 | 40.00% | 74.21% | 0.52x | 1.03x | AU$82.77 Million |
| 2012 | 15.58% | 60.87% | 0.24x | 1.05x | AU$17.62 Million |
| 2013 | 14.09% | 49.87% | 0.27x | 1.06x | AU$14.56 Million |
| 2014 | 7.49% | 36.80% | 0.19x | 1.08x | AU$-10.36 Million |
| 2015 | -113.59% | -177.19% | 0.57x | 1.13x | AU$-237.31 Million |
| 2016 | 18.69% | 34.28% | 0.49x | 1.10x | AU$20.36 Million |
| 2017 | -31.54% | -62.26% | 0.43x | 1.18x | AU$-81.83 Million |
| 2018 | -67.06% | -44.62% | 1.05x | 1.44x | AU$-63.84 Million |
| 2019 | 29.49% | 28.22% | 0.85x | 1.23x | AU$24.11 Million |
| 2020 | 22.34% | 23.94% | 0.78x | 1.20x | AU$19.54 Million |
| 2021 | 24.48% | 26.39% | 0.83x | 1.12x | AU$27.95 Million |
| 2022 | 2.00% | 2.92% | 0.61x | 1.11x | AU$-23.83 Million |
| 2023 | -9.72% | -14.76% | 0.62x | 1.06x | AU$-51.90 Million |
Industry Comparison
This section compares Ten Sixty Four 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 |
|---|---|---|---|---|
| Ten Sixty Four Ltd (X64) | AU$266.69 Million | -14.65% | 0.05x | $64.47 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 |