OceanaGold Corporation (RQQ) - Net Assets
Based on the latest financial reports, OceanaGold Corporation (RQQ) has net assets worth €2.13 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.78 Billion) and total liabilities (€647.50 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 | €2.13 Billion |
| % of Total Assets | 76.73% |
| Annual Growth Rate | 11.33% |
| 5-Year Change | 23.11% |
| 10-Year Change | 69.02% |
| Growth Volatility | 17.43 |
OceanaGold Corporation - Net Assets Trend (2013–2024)
This chart illustrates how OceanaGold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OceanaGold Corporation (2013–2024)
The table below shows the annual net assets of OceanaGold Corporation from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.93 Billion | +11.16% |
| 2023-12-31 | €1.73 Billion | +3.57% |
| 2022-12-31 | €1.67 Billion | +8.04% |
| 2021-12-31 | €1.55 Billion | -1.03% |
| 2020-12-31 | €1.56 Billion | +0.08% |
| 2019-12-31 | €1.56 Billion | -0.20% |
| 2018-12-31 | €1.57 Billion | +5.08% |
| 2017-12-31 | €1.49 Billion | +11.66% |
| 2016-12-31 | €1.34 Billion | +17.15% |
| 2015-12-31 | €1.14 Billion | +63.89% |
| 2014-12-31 | €695.47 Million | +17.53% |
| 2013-12-31 | €591.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OceanaGold Corporation'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 75551100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €611.60 Million | 33.60% |
| Other Components | €1.21 Billion | 66.40% |
| Total Equity | €1.82 Billion | 100.00% |
OceanaGold Corporation Competitors by Market Cap
The table below lists competitors of OceanaGold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BKV Corporation
NYSE:BKV
|
$3.02 Billion |
|
Sinopec Shanghai Petrochemical Co Ltd Class A
SHG:600688
|
$3.02 Billion |
|
EREGLI DEM CEL FABR DL1
F:EDVA
|
$3.02 Billion |
|
Iskenderun Demir ve Celik AS
IS:ISDMR
|
$3.03 Billion |
|
Aperam SA
MC:APAM
|
$3.02 Billion |
|
Eclat Textile Co Ltd
TW:1476
|
$3.02 Billion |
|
Corporación Inmobiliaria Vesta S.A.B. de C.V
MX:VESTA
|
$3.02 Billion |
|
MGI Tech Co. Ltd. A
SHG:688114
|
$3.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OceanaGold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,733,100,000 to 1,820,000,000, a change of 86,900,000 (5.0%).
- Net income of 187,400,000 contributed positively to equity growth.
- Dividend payments of 14,100,000 reduced retained earnings.
- Share repurchases of 24,100,000 reduced equity.
- New share issuances of 106,000,000 increased equity.
- Other factors decreased equity by 168,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €187.40 Million | +10.3% |
| Dividends Paid | €14.10 Million | -0.77% |
| Share Repurchases | €24.10 Million | -1.32% |
| Share Issuances | €106.00 Million | +5.82% |
| Other Changes | €-168.30 Million | -9.25% |
| Total Change | €- | 5.01% |
Book Value vs Market Value Analysis
This analysis compares OceanaGold Corporation'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: 5.52x
- 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 5.91x to 5.52x 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 | €2.42 | €14.30 | x |
| 2018-12-31 | €2.53 | €14.30 | x |
| 2019-12-31 | €2.51 | €14.30 | x |
| 2020-12-31 | €2.22 | €14.30 | x |
| 2021-12-31 | €2.20 | €14.30 | x |
| 2022-12-31 | €2.38 | €14.30 | x |
| 2023-12-31 | €7.35 | €14.30 | x |
| 2024-12-31 | €2.59 | €14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OceanaGold Corporation 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): 10.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.48%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.37x
- Recent ROE (10.30%) is above the historical average (4.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -8.09% | -8.64% | 0.62x | 1.52x | €-107.03 Million |
| 2014 | 16.04% | 19.80% | 0.61x | 1.32x | €41.99 Million |
| 2015 | 4.66% | 10.45% | 0.33x | 1.35x | €-60.91 Million |
| 2016 | 10.22% | 21.71% | 0.33x | 1.43x | €2.93 Million |
| 2017 | 11.52% | 23.71% | 0.35x | 1.37x | €22.65 Million |
| 2018 | 7.77% | 15.75% | 0.38x | 1.29x | €-34.97 Million |
| 2019 | 0.93% | 2.23% | 0.31x | 1.33x | €-141.86 Million |
| 2020 | -9.61% | -30.07% | 0.22x | 1.44x | €-306.89 Million |
| 2021 | -0.24% | -0.50% | 0.33x | 1.46x | €-158.58 Million |
| 2022 | 7.92% | 13.47% | 0.43x | 1.37x | €-34.73 Million |
| 2023 | 4.79% | 8.10% | 0.42x | 1.41x | €-90.21 Million |
| 2024 | 10.30% | 14.48% | 0.52x | 1.37x | €5.40 Million |
Industry Comparison
This section compares OceanaGold Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $39,198,765
- Average return on equity (ROE) among peers: -40.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OceanaGold Corporation (RQQ) | €2.13 Billion | -8.09% | 0.30x | $3.02 Billion |
| Pearl Gold AG (02P) | $198.54 Million | -1.69% | 0.00x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $47.90 Million | 354.09% | 4.95x | $28.02 Million |
| Asante Gold Corporation (1A9) | $2.19 Million | -22.93% | 1.52x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $3.14 Million | 0.00% | 0.20x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $17.87 Million | -9.87% | 0.17x | $236.82 Million |
| Rio2 Limited (1SB) | $123.08 Million | -11.08% | 2.81x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $-2.12 Million | 0.00% | 0.00x | $149.39 Million |
| McLaren Resources Inc (3ML) | $165.58K | -580.55% | 1.83x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
About OceanaGold Corporation
OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. The company was founded in 1990 and is based in Vancouver, Canada.