Nippon Dragon Resources Inc
G.E.T.T. Gold Inc. engages in the acquisition, exploration, and development of precious metal assets in Canada. The company holds an interest in the Courville Maruska project covering an area of 6.02 square kilometers located northeast of Val-d'Or. It also provides thermal fragmentation mining technology for the mining industry. The company was formerly known as Nippon Dragon Resources Inc. and c… Read more
Nippon Dragon Resources Inc (RCCMF) - Net Assets
Latest net assets as of June 2024: $-17.41 Million USD
Based on the latest financial reports, Nippon Dragon Resources Inc (RCCMF) has net assets worth $-17.41 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 ($1.12 Million) and total liabilities ($18.53 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 | $-17.41 Million |
| % of Total Assets | -1552.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 98.17 |
Nippon Dragon Resources Inc - Net Assets Trend (2001–2023)
This chart illustrates how Nippon Dragon Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nippon Dragon Resources Inc (2001–2023)
The table below shows the annual net assets of Nippon Dragon Resources Inc from 2001 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-14.00 Million | -503.51% |
| 2022-09-30 | $-2.32 Million | +76.01% |
| 2021-09-30 | $-9.67 Million | -15.13% |
| 2020-09-30 | $-8.40 Million | -44.94% |
| 2019-09-30 | $-5.80 Million | -6.31% |
| 2018-09-30 | $-5.45 Million | -259.00% |
| 2017-09-30 | $3.43 Million | -15.55% |
| 2016-09-30 | $4.06 Million | +207.71% |
| 2015-09-30 | $-3.77 Million | +7.21% |
| 2014-09-30 | $-4.06 Million | -45.18% |
| 2013-09-30 | $-2.80 Million | -134.29% |
| 2012-09-30 | $-1.19 Million | -84.54% |
| 2011-09-30 | $-647.14K | -120.76% |
| 2010-09-30 | $3.12 Million | -77.70% |
| 2009-09-30 | $13.98 Million | +26.02% |
| 2008-09-30 | $11.09 Million | +11.63% |
| 2007-09-30 | $9.94 Million | +63.55% |
| 2006-09-30 | $6.08 Million | +57.59% |
| 2005-09-30 | $3.86 Million | +61.53% |
| 2004-09-30 | $2.39 Million | +37.79% |
| 2003-09-30 | $1.73 Million | +120.23% |
| 2002-09-30 | $786.46K | -36.00% |
| 2001-09-30 | $1.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nippon Dragon Resources Inc'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 7614004700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.19 Million | % |
| Other Comprehensive Income | $309.72K | % |
| Other Components | $13.43 Million | % |
| Total Equity | $-14.00 Million | 100.00% |
Nippon Dragon Resources Inc Competitors by Market Cap
The table below lists competitors of Nippon Dragon Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LUMIBIRD S.A. INH. EO 1
F:QTL
|
$213.75K |
|
Energy & Technology Corp
PINK:ENGT
|
$213.90K |
|
Bowleven PLC
PINK:BWLVF
|
$213.99K |
|
BANNAM HLDG (N9B.SG)
STU:N9B
|
$214.03K |
|
DET NORSKE OLJE
BE:ARC
|
$213.70K |
|
CARNIVAL - Dusseldorf Stock Exchang
DU:POH1
|
$213.33K |
|
RACRX
NMFQS:RACRX
|
$213.32K |
|
Sozap Publ AB
ST:SOZAP
|
$213.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nippon Dragon Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -2,320,158 to -14,002,332, a change of -11,682,174.
- Net loss of 11,682,000 reduced equity.
- Other comprehensive income decreased equity by 559,443.
- Other factors increased equity by 559,269.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.68 Million | -83.43% |
| Other Comprehensive Income | $-559.44K | -4.0% |
| Other Changes | $559.27K | +3.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nippon Dragon Resources Inc'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 |
|---|---|---|---|
| 2001-09-30 | $3291.47 | $0.01 | x |
| 2002-09-30 | $2113.57 | $0.01 | x |
| 2003-09-30 | $2843.38 | $0.01 | x |
| 2004-09-30 | $2519.90 | $0.01 | x |
| 2005-09-30 | $2583.79 | $0.01 | x |
| 2006-09-30 | $2631.08 | $0.01 | x |
| 2007-09-30 | $2774.68 | $0.01 | x |
| 2008-09-30 | $1799.37 | $0.01 | x |
| 2009-09-30 | $1639.15 | $0.01 | x |
| 2010-09-30 | $250.75 | $0.01 | x |
| 2011-09-30 | $-37.50 | $0.01 | x |
| 2012-09-30 | $-30.03 | $0.01 | x |
| 2013-09-30 | $-54.09 | $0.01 | x |
| 2014-09-30 | $-69.61 | $0.01 | x |
| 2015-09-30 | $-42.93 | $0.01 | x |
| 2016-09-30 | $37.02 | $0.01 | x |
| 2017-09-30 | $24.15 | $0.01 | x |
| 2018-09-30 | $-33.74 | $0.01 | x |
| 2019-09-30 | $-35.43 | $0.01 | x |
| 2020-09-30 | $-51.15 | $0.01 | x |
| 2021-09-30 | $-50.10 | $0.01 | x |
| 2022-09-30 | $-10.91 | $0.01 | x |
| 2023-09-30 | $-65.42 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nippon Dragon Resources Inc 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-36.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -51.27% | -399.11% | 0.12x | 1.06x | $-752.89K |
| 2002 | -55.30% | -27665.97% | 0.00x | 1.55x | $-513.55K |
| 2003 | -27.00% | -441201.89% | 0.00x | 1.15x | $-640.87K |
| 2004 | -42.07% | 0.00% | 0.00x | 1.34x | $-1.24 Million |
| 2005 | -28.12% | 0.00% | 0.00x | 1.63x | $-1.47 Million |
| 2006 | -44.08% | 0.00% | 0.00x | 2.04x | $-3.29 Million |
| 2007 | -30.30% | 0.00% | 0.00x | 1.90x | $-4.00 Million |
| 2008 | -36.88% | 0.00% | 0.00x | 1.81x | $-5.20 Million |
| 2009 | -17.83% | -248.45% | 0.04x | 1.75x | $-3.89 Million |
| 2010 | -487.26% | -1487.37% | 0.06x | 5.56x | $-15.50 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.39 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.96 Million |
| 2013 | 0.00% | -24889558.23% | 0.00x | 0.00x | $-2.20 Million |
| 2014 | 0.00% | -3181.52% | 0.01x | 0.00x | $-1.90 Million |
| 2015 | 0.00% | 558.57% | 0.02x | 0.00x | $1.49 Million |
| 2016 | 38.87% | 1085.45% | 0.01x | 2.58x | $1.17 Million |
| 2017 | -61.60% | -1896.07% | 0.01x | 2.74x | $-2.45 Million |
| 2018 | 0.00% | -101.46% | 1.89x | 0.00x | $-54.82K |
| 2019 | 0.00% | -6852.59% | 0.00x | 0.00x | $235.59K |
| 2020 | 0.00% | -18091.53% | 0.00x | 0.00x | $-1.76 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.22 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $13.38 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.28 Million |
Industry Comparison
This section compares Nippon Dragon Resources Inc'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 |
|---|---|---|---|---|
| Nippon Dragon Resources Inc (RCCMF) | $-17.41 Million | -51.27% | N/A | $213.72K |
| 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 |