WESTERN COPPER
WESTERN COPPER operates in Diversified Metals & Mining.
WESTERN COPPER (31WN) - Net Assets
Latest net assets as of June 2024: €190.74 Million EUR
Based on the latest financial reports, WESTERN COPPER (31WN) has net assets worth €190.74 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€193.50 Million) and total liabilities (€2.76 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 | €190.74 Million |
| % of Total Assets | 98.57% |
| Annual Growth Rate | 17.4% |
| 5-Year Change | 178.91% |
| 10-Year Change | N/A |
| Growth Volatility | 23.01 |
WESTERN COPPER - Net Assets Trend (2016–2023)
This chart illustrates how WESTERN COPPER's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WESTERN COPPER (2016–2023)
The table below shows the annual net assets of WESTERN COPPER from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €139.44 Million | +27.07% |
| 2022-12-31 | €109.74 Million | -2.07% |
| 2021-12-31 | €112.07 Million | +35.63% |
| 2020-12-31 | €82.63 Million | +65.27% |
| 2019-12-31 | €50.00 Million | +8.01% |
| 2018-12-31 | €46.29 Million | +3.93% |
| 2017-12-31 | €44.54 Million | -1.85% |
| 2016-12-31 | €45.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WESTERN COPPER'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 2135891800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €254.37 Million | 182.42% |
| Total Equity | €139.44 Million | 100.00% |
WESTERN COPPER Competitors by Market Cap
The table below lists competitors of WESTERN COPPER ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EALT4F
SA:EALT4F
|
$22.51K |
|
Motivating the Masses Inc
PINK:MNMT
|
$22.52K |
|
Esentia Energy Development SA
MX:ESENTIAII
|
$22.54K |
|
N Brown Group PLC
LSE:BWNG
|
$22.54K |
|
Packages Ltd
KAR:PKGS
|
$22.47K |
|
Blessed Textiles Ltd
KAR:BTL
|
$22.47K |
|
Gores Holdings IX Inc. Warrant
NASDAQ:GHIXW
|
$22.47K |
|
Gibui Holdings Ltd
TA:GIBUI
|
$22.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WESTERN COPPER's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 109,742,218 to 139,444,250, a change of 29,702,032 (27.1%).
- Net loss of 3,338,299 reduced equity.
- New share issuances of 29,591,624 increased equity.
- Other factors increased equity by 3,448,707.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.34 Million | -2.39% |
| Share Issuances | €29.59 Million | +21.22% |
| Other Changes | €3.45 Million | +2.47% |
| Total Change | €- | 27.07% |
Book Value vs Market Value Analysis
This analysis compares WESTERN COPPER'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: 2.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.08x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.46 | €2.34 | x |
| 2018-12-31 | €0.46 | €2.34 | x |
| 2019-12-31 | €0.46 | €2.34 | x |
| 2020-12-31 | €0.61 | €2.34 | x |
| 2021-12-31 | €0.74 | €2.34 | x |
| 2022-12-31 | €0.72 | €2.34 | x |
| 2023-12-31 | €0.84 | €2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WESTERN COPPER 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): -2.39%
- 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: 1.03x
- Recent ROE (-2.39%) is above the historical average (-4.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -4.60% | 0.00% | 0.00x | 1.02x | €-6.63 Million |
| 2017 | -5.98% | 0.00% | 0.00x | 1.02x | €-7.12 Million |
| 2018 | -6.17% | 0.00% | 0.00x | 1.01x | €-7.48 Million |
| 2019 | -3.53% | 0.00% | 0.00x | 1.01x | €-6.77 Million |
| 2020 | -2.46% | 0.00% | 0.00x | 1.01x | €-10.30 Million |
| 2021 | -3.31% | 0.00% | 0.00x | 1.03x | €-14.92 Million |
| 2022 | -4.55% | 0.00% | 0.00x | 1.04x | €-15.97 Million |
| 2023 | -2.39% | 0.00% | 0.00x | 1.03x | €-17.28 Million |
Industry Comparison
This section compares WESTERN COPPER's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WESTERN COPPER (31WN) | €190.74 Million | -4.60% | 0.01x | $22.50K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |