Citigold Corporation Limited
Citigold Corporation Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It explores for gold and silver deposits. The company holds interest in the Charters Towers gold project located in north-eastern Queensland, Australia. Citigold Corporation Limited was incorporated in 1993 and is based in Fortitude Valley, Australia.
Citigold Corporation Limited (CTOHF) - Net Assets
Latest net assets as of June 2024: $96.54 Million USD
Based on the latest financial reports, Citigold Corporation Limited (CTOHF) has net assets worth $96.54 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 ($113.60 Million) and total liabilities ($17.07 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 | $96.54 Million |
| % of Total Assets | 84.98% |
| Annual Growth Rate | 8.26% |
| 5-Year Change | -4.54% |
| 10-Year Change | 97965.91% |
| Growth Volatility | 18137.5 |
Citigold Corporation Limited - Net Assets Trend (1994–2024)
This chart illustrates how Citigold Corporation 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 Citigold Corporation Limited (1994–2024)
The table below shows the annual net assets of Citigold Corporation Limited from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $96.54 Million | -1.65% |
| 2023-06-30 | $98.15 Million | -2.13% |
| 2022-06-30 | $100.28 Million | -1.31% |
| 2021-06-30 | $101.61 Million | +0.49% |
| 2020-06-30 | $101.12 Million | +101050.42% |
| 2019-06-30 | $99.97K | -0.93% |
| 2018-06-30 | $100.91K | +16.34% |
| 2017-06-30 | $86.74K | -6.46% |
| 2016-06-30 | $92.73K | -5.80% |
| 2015-06-30 | $98.44K | -50.71% |
| 2014-06-30 | $199.72K | -99.90% |
| 2013-06-30 | $198.10 Million | +0.95% |
| 2012-06-30 | $196.22 Million | +5.07% |
| 2011-06-30 | $186.75 Million | +7.07% |
| 2010-06-30 | $174.42 Million | -22.41% |
| 2009-06-30 | $224.81 Million | +19.72% |
| 2008-06-30 | $187.79 Million | +5.75% |
| 2007-06-30 | $177.57 Million | +16.87% |
| 2006-06-30 | $151.95 Million | +43.38% |
| 2005-06-30 | $105.97 Million | +112.25% |
| 2004-06-30 | $49.93 Million | +20.93% |
| 2003-06-30 | $41.29 Million | -6.57% |
| 2002-06-30 | $44.19 Million | +4.54% |
| 2001-06-30 | $42.27 Million | -7.20% |
| 2000-06-30 | $45.55 Million | +43.40% |
| 1999-06-30 | $31.77 Million | +31.47% |
| 1998-06-30 | $24.16 Million | +37.73% |
| 1997-06-30 | $17.54 Million | +101.61% |
| 1996-06-30 | $8.70 Million | +25.04% |
| 1995-06-30 | $6.96 Million | -22.13% |
| 1994-06-30 | $8.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Citigold Corporation 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 16185767200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $220.79 Million | 228.74% |
| Other Comprehensive Income | $39.26 Million | 40.67% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $96.53 Million | 100.00% |
Citigold Corporation Limited Competitors by Market Cap
The table below lists competitors of Citigold Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenway Greenhouse Cannabis Corporation
OTCQB:GWAYF
|
$4.80 Million |
|
Archidply Industries Limited
NSE:ARCHIDPLY
|
$4.80 Million |
|
Mr. Onion
TWO:2740
|
$4.80 Million |
|
Truscreen Group Ltd
AU:TRU
|
$4.80 Million |
|
Hindcon Chemicals Limited
NSE:HINDCON
|
$4.80 Million |
|
Solartron Public Company Limited
BK:SOLAR
|
$4.79 Million |
|
Thor Energy Plc
AU:THR
|
$4.79 Million |
|
Sumber Mas Konstruksi Tbk PT
JK:SMKM
|
$4.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Citigold Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 98,141,162 to 96,525,200, a change of -1,615,962 (-1.6%).
- Net loss of 2,311,000 reduced equity.
- New share issuances of 694,875 increased equity.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.31 Million | -2.39% |
| Share Issuances | $694.88K | +0.72% |
| Other Comprehensive Income | $-1.00 | -0.0% |
| Other Changes | $164.00 | +0.0% |
| Total Change | $- | -1.65% |
Book Value vs Market Value Analysis
This analysis compares Citigold Corporation 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
- Current price-to-book ratio: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-06-30 | $0.17 | $0.00 | x |
| 1995-06-30 | $0.06 | $0.00 | x |
| 1996-06-30 | $0.03 | $0.00 | x |
| 1997-06-30 | $0.06 | $0.00 | x |
| 1998-06-30 | $0.08 | $0.00 | x |
| 1999-06-30 | $0.12 | $0.00 | x |
| 2000-06-30 | $0.15 | $0.00 | x |
| 2001-06-30 | $0.14 | $0.00 | x |
| 2002-06-30 | $0.13 | $0.00 | x |
| 2003-06-30 | $0.13 | $0.00 | x |
| 2004-06-30 | $0.13 | $0.00 | x |
| 2005-06-30 | $0.23 | $0.00 | x |
| 2006-06-30 | $0.30 | $0.00 | x |
| 2007-06-30 | $0.31 | $0.00 | x |
| 2008-06-30 | $0.29 | $0.00 | x |
| 2009-06-30 | $0.31 | $0.00 | x |
| 2010-06-30 | $0.20 | $0.00 | x |
| 2011-06-30 | $0.19 | $0.00 | x |
| 2012-06-30 | $0.18 | $0.00 | x |
| 2013-06-30 | $0.15 | $0.00 | x |
| 2014-06-30 | $0.00 | $0.00 | x |
| 2015-06-30 | $0.00 | $0.00 | x |
| 2016-06-30 | $0.00 | $0.00 | x |
| 2017-06-30 | $0.00 | $0.00 | x |
| 2018-06-30 | $0.00 | $0.00 | x |
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.04 | $0.00 | x |
| 2021-06-30 | $0.04 | $0.00 | x |
| 2022-06-30 | $0.04 | $0.00 | x |
| 2023-06-30 | $0.03 | $0.00 | x |
| 2024-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Citigold Corporation 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): -2.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5023.91%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-2.39%) is above the historical average (-4089.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -12.84% | 0.00% | 0.00x | 1.76x | $-4.01 Million |
| 1998 | 47.28% | 0.00% | 0.00x | 1.38x | $9.01 Million |
| 1999 | -30.19% | 0.00% | 0.00x | 1.13x | $-12.77 Million |
| 2000 | 0.74% | 0.00% | 0.00x | 1.14x | $-4.22 Million |
| 2001 | -11.74% | -8725.86% | 0.00x | 1.16x | $-9.19 Million |
| 2002 | -10.63% | 0.00% | 0.00x | 1.16x | $-9.12 Million |
| 2003 | -8.92% | -10489.75% | 0.00x | 1.24x | $-7.81 Million |
| 2004 | -9.74% | -19048.37% | 0.00x | 1.26x | $-9.82 Million |
| 2005 | -5.58% | -12608.02% | 0.00x | 1.11x | $-16.50 Million |
| 2006 | -2.81% | -2335.89% | 0.00x | 1.07x | $-19.45 Million |
| 2007 | -5.66% | -305.97% | 0.02x | 1.08x | $-27.80 Million |
| 2008 | -1.26% | -19.51% | 0.06x | 1.14x | $-21.14 Million |
| 2009 | -0.72% | -12.23% | 0.05x | 1.16x | $-24.08 Million |
| 2010 | 0.04% | 0.37% | 0.10x | 1.10x | $-17.36 Million |
| 2011 | -2.91% | -45.69% | 0.06x | 1.06x | $-24.10 Million |
| 2012 | -0.59% | -9.29% | 0.06x | 1.07x | $-20.78 Million |
| 2013 | -3.43% | -195.98% | 0.02x | 1.05x | $-26.59 Million |
| 2014 | -3842.80% | -190.09% | 19.14x | 1.06x | $-7.69 Million |
| 2015 | -104718.92% | -7443.06% | 12.08x | 1.16x | $-103.02 Million |
| 2016 | -8933.93% | 0.00% | 0.00x | 1.23x | $-8.29 Million |
| 2017 | -7660.27% | 0.00% | 0.00x | 1.31x | $-6.65 Million |
| 2018 | 13201.97% | 0.00% | 0.00x | 1.11x | $13.30 Million |
| 2019 | -2476.38% | 0.00% | 0.00x | 1.11x | $-2.48 Million |
| 2020 | -0.99% | 0.00% | 0.00x | 1.09x | $-11.11 Million |
| 2021 | -1.39% | 0.00% | 0.00x | 1.09x | $-11.58 Million |
| 2022 | -1.89% | 0.00% | 0.00x | 1.11x | $-11.92 Million |
| 2023 | -2.38% | 0.00% | 0.00x | 1.15x | $-12.15 Million |
| 2024 | -2.39% | -5023.91% | 0.00x | 1.18x | $-11.96 Million |
Industry Comparison
This section compares Citigold Corporation 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 |
|---|---|---|---|---|
| Citigold Corporation Limited (CTOHF) | $96.54 Million | -12.84% | 0.18x | $4.80 Million |
| 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 |