BWCCF
Bowen Coking Coal Limited, together with its subsidiaries, engages in the exploration, development, and production of metallurgical coal in Australia. The company holds interests in the Isaac River Project located in the Bowen Basin in Central Queensland; the Cooroorah Project located north of Blackwater; and the Comet Ridge Project located in Queensland, as well as the Hillalong and Burton Lento… Read more
BWCCF (BWCCF) - Net Assets
Latest net assets as of June 2024: $9.77 Million USD
Based on the latest financial reports, BWCCF (BWCCF) has net assets worth $9.77 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($335.52 Million) and total liabilities ($325.75 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 | $9.77 Million |
| % of Total Assets | 2.91% |
| Annual Growth Rate | -13.2% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 246.74 |
BWCCF - Net Assets Trend (2021–2024)
This chart illustrates how BWCCF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BWCCF (2021–2024)
The table below shows the annual net assets of BWCCF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $9.77 Million | -72.11% |
| 2023-06-30 | $35.05 Million | -58.00% |
| 2022-06-30 | $83.45 Million | +458.21% |
| 2021-06-30 | $14.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BWCCF'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 27669636400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $336.20 Million | 3439.60% |
| Total Equity | $9.77 Million | 100.00% |
BWCCF Competitors by Market Cap
The table below lists competitors of BWCCF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CardXX Inc
PINK:CXCQ
|
$32.89 |
|
SUPERIOR RES
BE:3SC
|
$32.95 |
|
Medilines Distributors Inc
PSE:MEDIC
|
$32.99 |
|
Taylor Consulting Inc
PINK:TAYO
|
$33.05 |
|
Spiritus Mundi PLC
LSE:SPMU
|
$32.69 |
|
INTRAVENOUS INFUSIONS LIMITED
GSE:IIL
|
$32.59 |
|
Canna 8 Investment Trust
V:RCR-P
|
$32.51 |
|
LIVINGTRUST MORTGAGE BANK PLC
XNSA:LIVINGTRUST
|
$32.46 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BWCCF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,047,410 to 9,774,245, a change of -25,273,165 (-72.1%).
- Net loss of 95,456,841 reduced equity.
- Share repurchases of 4,073,866 reduced equity.
- New share issuances of 61,085,716 increased equity.
- Other factors increased equity by 13,171,826.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-95.46 Million | -976.62% |
| Share Repurchases | $4.07 Million | -41.68% |
| Share Issuances | $61.09 Million | +624.97% |
| Other Changes | $13.17 Million | +134.76% |
| Total Change | $- | -72.11% |
Book Value vs Market Value Analysis
This analysis compares BWCCF'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: 0.99x
- 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 increased from 0.23x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.05 | $0.00 | x |
| 2023-06-30 | $0.02 | $0.00 | x |
| 2024-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BWCCF 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): -976.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.60%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 34.33x
- Recent ROE (-976.62%) is below the historical average (-371.26%), 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 | -21.57% | 0.00% | 0.00x | 1.09x | $-4.72 Million |
| 2022 | -21.93% | -154.29% | 0.07x | 2.07x | $-26.65 Million |
| 2023 | -464.90% | -79.69% | 0.50x | 11.64x | $-166.44 Million |
| 2024 | -976.62% | -21.60% | 1.32x | 34.33x | $-96.43 Million |
Industry Comparison
This section compares BWCCF's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $-119,194,340
- Average return on equity (ROE) among peers: -41.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BWCCF (BWCCF) | $9.77 Million | -21.57% | 33.33x | $32.79 |
| AJ Lucas Group Limited (AJLGF) | $65.16 Million | 20.67% | 2.53x | $1.69 Million |
| Alpha Metallurgical Resources Inc (AMR) | $37.22 Million | -209.92% | 24.43x | $2.01 Billion |
| Arch Resources Inc (ARCH) | $-1.24 Billion | 0.00% | 0.00x | $181.11 Million |
| American Resources Corp Class A (AREC) | $107.38K | -82.82% | 0.03x | $183.18 Million |
| Bens Creek Group Plc (BENCF) | $23.00 Million | -105.07% | 2.48x | $19.11K |
| Bathurst Resources Limited (BTURF) | $19.08 Million | 5.15% | 1.20x | $64.95 Million |
| Canaf Investments Inc (CAFZF) | $1.71 Million | 48.90% | 1.41x | $8.61 Million |
| Colonial Coal International Corp (CCARF) | $18.74 Million | -8.46% | 0.01x | $97.60 Million |
| CKALF (CKALF) | $6.51 Million | -41.42% | 3.06x | $939.80K |