China Nonferrous Gold Limited
China Nonferrous Gold Limited engages in exploration, mine development, and mining activities in the Cayman Islands. It primarily holds a 100% interest in the Pakrut gold project comprising an area of approximately 6,300 hectares located in the southern Tien-Shan Fold belt, Tajikistan. The company was formerly known as Kryso Resources Corporation Limited and changed its name to China Nonferrous G… Read more
China Nonferrous Gold Limited (CFEGF) - Net Assets
Latest net assets as of June 2023: $-326.06 Million USD
Based on the latest financial reports, China Nonferrous Gold Limited (CFEGF) has net assets worth $-326.06 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($86.89 Million) and total liabilities ($412.95 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 | $-326.06 Million |
| % of Total Assets | -375.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | -3924.19% |
| 10-Year Change | N/A |
| Growth Volatility | 89.69 |
China Nonferrous Gold Limited - Net Assets Trend (2013–2022)
This chart illustrates how China Nonferrous Gold Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Nonferrous Gold Limited (2013–2022)
The table below shows the annual net assets of China Nonferrous Gold Limited from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-313.43 Million | -1090.11% |
| 2021-12-31 | $-26.34 Million | -30.75% |
| 2020-12-31 | $-20.14 Million | -46.12% |
| 2019-12-31 | $-13.79 Million | -268.19% |
| 2018-12-31 | $8.20 Million | -35.36% |
| 2017-12-31 | $12.68 Million | -55.65% |
| 2016-12-31 | $28.59 Million | -18.08% |
| 2015-12-31 | $34.90 Million | -14.59% |
| 2014-12-31 | $40.86 Million | -27.44% |
| 2013-12-31 | $56.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Nonferrous Gold Limited'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 37212894800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.00K | % |
| Other Comprehensive Income | $10.23 Million | % |
| Other Components | $67.95 Million | % |
| Total Equity | $-313.43 Million | 100.00% |
China Nonferrous Gold Limited Competitors by Market Cap
The table below lists competitors of China Nonferrous Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Odyssey Group International Inc
PINK:ODYY
|
$798.13K |
|
Martina Minerals Corp
V:MTN-H
|
$799.02K |
|
Northern Shield Resources Inc
PINK:NSHRF
|
$799.43K |
|
ANGLO AM PLATINUM
MU:RPHA
|
$799.66K |
|
New Plus Knitting Public Company Limited
BK:NPK
|
$798.01K |
|
INCYTE - Dusseldorf Stock Exchang
DU:ICY
|
$798.00K |
|
I&M BANK RWANDA LTD
RSE:IMR
|
$797.89K |
|
Ansal Properties & Infrastructure Limited
NSE:ANSALAPI
|
$797.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Nonferrous Gold Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -26,336,371 to -313,431,000, a change of -287,094,629.
- Net loss of 287,043,000 reduced equity.
- Other comprehensive income increased equity by 74,889.
- Other factors decreased equity by 126,518.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-287.04 Million | -91.58% |
| Other Comprehensive Income | $74.89K | +0.02% |
| Other Changes | $-126.52K | -0.04% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China Nonferrous Gold Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.03 | $0.01 | x |
| 2018-12-31 | $0.02 | $0.01 | x |
| 2019-12-31 | $-0.04 | $0.01 | x |
| 2020-12-31 | $-0.05 | $0.01 | x |
| 2021-12-31 | $-0.07 | $0.01 | x |
| 2022-12-31 | $-0.82 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Nonferrous Gold Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -418.89%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-26.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -11.35% | 0.00% | 0.00x | 1.57x | $-12.02 Million |
| 2014 | -38.38% | 0.00% | 0.00x | 4.67x | $-19.77 Million |
| 2015 | -17.62% | 0.00% | 0.00x | 8.56x | $-9.64 Million |
| 2016 | -22.07% | 0.00% | 0.00x | 12.80x | $-9.17 Million |
| 2017 | -118.60% | -259.98% | 0.02x | 29.26x | $-16.30 Million |
| 2018 | -54.70% | -25.01% | 0.04x | 53.23x | $-5.30 Million |
| 2019 | 0.00% | -44.72% | 0.12x | 0.00x | $-21.45 Million |
| 2020 | 0.00% | -9.85% | 0.16x | 0.00x | $-4.76 Million |
| 2021 | 0.00% | -8.68% | 0.18x | 0.00x | $-3.51 Million |
| 2022 | 0.00% | -418.89% | 0.77x | 0.00x | $-255.70 Million |
Industry Comparison
This section compares China Nonferrous Gold Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Nonferrous Gold Limited (CFEGF) | $-326.06 Million | -11.35% | N/A | $798.06K |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |