AIC Mines Limited
AIC Mines Limited engages in the exploration, development, and production of mines in Australia. The company operates through Mining, and Exploration and Corporate segments. It explores for gold, copper, silver, and zinc deposits. AIC Mines Limited was incorporated in 1993 and is based in Subiaco, Australia.
AIC Mines Limited (IAUFF) - Net Assets
Latest net assets as of December 2025: $319.90 Million USD
Based on the latest financial reports, AIC Mines Limited (IAUFF) has net assets worth $319.90 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($423.32 Million) and total liabilities ($103.42 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 | $319.90 Million |
| % of Total Assets | 75.57% |
| Annual Growth Rate | 15.56% |
| 5-Year Change | 3487.95% |
| 10-Year Change | 270.59% |
| Growth Volatility | 315.92 |
AIC Mines Limited - Net Assets Trend (1994–2025)
This chart illustrates how AIC Mines 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 AIC Mines Limited (1994–2025)
The table below shows the annual net assets of AIC Mines Limited from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $312.73 Million | +42.72% |
| 2024-06-30 | $219.11 Million | +42.01% |
| 2023-06-30 | $154.29 Million | 0.00% |
| 2022-06-30 | $154.29 Million | +1670.19% |
| 2021-06-30 | $8.72 Million | -21.34% |
| 2020-06-30 | $11.08 Million | -37.15% |
| 2019-06-30 | $17.63 Million | -27.46% |
| 2018-06-30 | $24.30 Million | -56.48% |
| 2017-06-30 | $55.84 Million | -33.82% |
| 2016-06-30 | $84.39 Million | -26.36% |
| 2015-06-30 | $114.60 Million | +33.82% |
| 2014-06-30 | $85.64 Million | -18.20% |
| 2013-06-30 | $104.69 Million | -36.67% |
| 2012-06-30 | $165.32 Million | -13.82% |
| 2011-06-30 | $191.84 Million | +281.03% |
| 2010-06-30 | $50.35 Million | +8.05% |
| 2009-06-30 | $46.60 Million | +17.34% |
| 2008-06-30 | $39.71 Million | -53.62% |
| 2007-06-30 | $85.63 Million | +611.22% |
| 2006-06-30 | $12.04 Million | +8.67% |
| 2005-06-30 | $11.08 Million | +38.13% |
| 2004-06-30 | $8.02 Million | +29.44% |
| 2003-06-30 | $6.20 Million | +39.51% |
| 2002-06-30 | $4.44 Million | +5.41% |
| 2001-06-30 | $4.21 Million | -12.98% |
| 2000-06-30 | $4.84 Million | -40.28% |
| 1999-06-30 | $8.11 Million | +5.69% |
| 1998-06-30 | $7.67 Million | +23.20% |
| 1997-06-30 | $6.23 Million | -3.98% |
| 1996-06-30 | $6.49 Million | +234.29% |
| 1995-06-30 | $1.94 Million | -45.15% |
| 1994-06-30 | $3.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AIC Mines 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 grown by 1600240700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.71 Million | 8.01% |
| Common Stock | $163.62 Million | 89.09% |
| Other Comprehensive Income | $5.33 Million | 2.90% |
| Total Equity | $183.66 Million | 100.00% |
AIC Mines Limited Competitors by Market Cap
The table below lists competitors of AIC Mines Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Globe Trade Centre S.A.
WAR:GTC
|
$113.54 Million |
|
US Masters Residential Property Fund
PINK:UMRRF
|
$113.54 Million |
|
Carlsmed, Inc. Common Stock
NASDAQ:CARL
|
$113.55 Million |
|
G8 Education Ltd
AU:GEM
|
$113.56 Million |
|
Globaltek Fabrication Co Ltd
TW:4566
|
$113.50 Million |
|
Ilyang Pharm
KO:007570
|
$113.44 Million |
|
Green Landscaping Group AB (publ)
ST:GREEN
|
$113.44 Million |
|
EuroTeleSites AG
VI:ETS
|
$113.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AIC Mines Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 219,114,000 to 183,660,778, a change of -35,453,222 (-16.2%).
- Net income of 9,836,081 contributed positively to equity growth.
- Other comprehensive income decreased equity by 153,657.
- Other factors decreased equity by 45,135,646.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.84 Million | +5.36% |
| Other Comprehensive Income | $-153.66K | -0.08% |
| Other Changes | $-45.14 Million | -24.58% |
| Total Change | $- | -16.18% |
Book Value vs Market Value Analysis
This analysis compares AIC Mines 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: 0.76x
- 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 decreased from 24.94x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-06-30 | $0.01 | $0.23 | x |
| 1995-06-30 | $0.02 | $0.23 | x |
| 1996-06-30 | $0.02 | $0.23 | x |
| 1997-06-30 | $0.02 | $0.23 | x |
| 1998-06-30 | $0.02 | $0.23 | x |
| 1999-06-30 | $0.02 | $0.23 | x |
| 2000-06-30 | $0.01 | $0.23 | x |
| 2001-06-30 | $0.01 | $0.23 | x |
| 2002-06-30 | $0.01 | $0.23 | x |
| 2003-06-30 | $0.02 | $0.23 | x |
| 2004-06-30 | $0.02 | $0.23 | x |
| 2005-06-30 | $0.03 | $0.23 | x |
| 2006-06-30 | $0.03 | $0.23 | x |
| 2007-06-30 | $0.18 | $0.23 | x |
| 2008-06-30 | $0.10 | $0.23 | x |
| 2009-06-30 | $0.12 | $0.23 | x |
| 2010-06-30 | $0.13 | $0.23 | x |
| 2011-06-30 | $0.50 | $0.23 | x |
| 2012-06-30 | $0.43 | $0.23 | x |
| 2013-06-30 | $0.27 | $0.23 | x |
| 2014-06-30 | $0.22 | $0.23 | x |
| 2015-06-30 | $0.30 | $0.23 | x |
| 2016-06-30 | $0.22 | $0.23 | x |
| 2017-06-30 | $0.15 | $0.23 | x |
| 2018-06-30 | $0.06 | $0.23 | x |
| 2019-06-30 | $0.05 | $0.23 | x |
| 2020-06-30 | $0.03 | $0.23 | x |
| 2021-06-30 | $0.18 | $0.23 | x |
| 2022-06-30 | $0.49 | $0.23 | x |
| 2023-06-30 | $0.40 | $0.23 | x |
| 2024-06-30 | $0.44 | $0.23 | x |
| 2025-06-30 | $0.30 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AIC Mines 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): 5.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.19%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.05x
- Recent ROE (5.36%) is above the historical average (-26.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -36.56% | 0.00% | 0.00x | 1.06x | $-1.65 Million |
| 1995 | -110.15% | -88.89% | 0.61x | 2.02x | $-2.33 Million |
| 1996 | 44.43% | 659.60% | 0.07x | 1.02x | $2.23 Million |
| 1997 | -4.15% | -74.92% | 0.05x | 1.04x | $-880.84K |
| 1998 | -5.85% | 0.00% | 0.00x | 1.03x | $-1.22 Million |
| 1999 | -21.06% | 0.00% | 0.00x | 1.81x | $-2.52 Million |
| 2000 | -79.05% | 0.00% | 0.00x | 2.25x | $-4.31 Million |
| 2001 | -77.91% | 0.00% | 0.00x | 2.65x | $-3.70 Million |
| 2002 | -16.25% | 0.00% | 0.00x | 1.04x | $-1.22 Million |
| 2003 | -7.24% | 0.00% | 0.00x | 1.00x | $-1.10 Million |
| 2004 | -61.95% | 0.00% | 0.00x | 1.00x | $-6.33 Million |
| 2005 | -23.55% | -92.45% | 0.25x | 1.03x | $-3.84 Million |
| 2006 | 10.11% | 2.58% | 3.93x | 1.00x | $15.10K |
| 2007 | -47.90% | -172.94% | 0.13x | 2.09x | $-40.65 Million |
| 2008 | -76.44% | -76.15% | 0.44x | 2.28x | $-34.33 Million |
| 2009 | -91.64% | -78.49% | 0.95x | 1.23x | $-47.36 Million |
| 2010 | -19.68% | -13.81% | 1.16x | 1.23x | $-14.94 Million |
| 2011 | -2.56% | -455.24% | 0.01x | 1.03x | $-24.10 Million |
| 2012 | -17.75% | 0.00% | 0.00x | 1.03x | $-45.87 Million |
| 2013 | -66.06% | -1847.20% | 0.04x | 1.02x | $-79.63 Million |
| 2014 | -25.22% | -705.45% | 0.03x | 1.18x | $-30.16 Million |
| 2015 | 115.51% | 100.69% | 1.10x | 1.04x | $120.91 Million |
| 2016 | -18.12% | -484.29% | 0.04x | 1.01x | $-23.73 Million |
| 2017 | -7.78% | 0.00% | 0.00x | 1.01x | $-9.93 Million |
| 2018 | -124.67% | 0.00% | 0.00x | 1.01x | $-32.73 Million |
| 2019 | -14.58% | -2172.24% | 0.01x | 1.03x | $-4.33 Million |
| 2020 | -73.69% | 0.00% | 0.00x | 1.07x | $-9.27 Million |
| 2021 | -9.88% | 0.00% | 0.00x | 0.14x | $-13.76 Million |
| 2022 | 1.62% | 9.97% | 0.13x | 1.26x | $-12.93 Million |
| 2023 | -3.77% | -4.63% | 0.65x | 1.26x | $-21.24 Million |
| 2024 | 3.51% | 4.22% | 0.68x | 1.22x | $-14.22 Million |
| 2025 | 5.36% | 5.19% | 0.50x | 2.05x | $-8.53 Million |
Industry Comparison
This section compares AIC Mines Limited's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $449,063,678
- Average return on equity (ROE) among peers: -16.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AIC Mines Limited (IAUFF) | $319.90 Million | -36.56% | 0.32x | $113.53 Million |
| AbraSilver Resource Corp (ABBRF) | $33.61 Million | -16.94% | 0.02x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $386.13K | -25.01% | 0.03x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $16.39 Million | -9.76% | 0.04x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $17.81 Million | -15.51% | 0.97x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $-367.45K | 0.00% | 0.00x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $4.37 Billion | 1.24% | 0.78x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $313.22K | -61.72% | 4.64x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |