Kincora Copper Ltd (KCC) - Net Assets
Based on the latest financial reports, Kincora Copper Ltd (KCC) has net assets worth CA$20.50 Million CAD (≈ $14.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.23 Million ≈ $15.36 Million USD) and total liabilities (CA$733.00K ≈ $530.24K USD). 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. Check KCC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$20.50 Million |
| % of Total Assets | 96.55% |
| Annual Growth Rate | -4.54% |
| 5-Year Change | -37.59% |
| 10-Year Change | -61.65% |
| Growth Volatility | 45.22 |
Kincora Copper Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Kincora Copper Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kincora Copper Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kincora Copper Ltd (1996–2024)
The table below shows the annual net assets of Kincora Copper Ltd from 1996 to 2024. For live valuation and market cap data, see Kincora Copper Ltd (KCC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$17.29 Million ≈ $12.50 Million |
-1.24% |
| 2023-12-31 | CA$17.50 Million ≈ $12.66 Million |
+11.99% |
| 2022-12-31 | CA$15.63 Million ≈ $11.31 Million |
+0.15% |
| 2021-12-31 | CA$15.61 Million ≈ $11.29 Million |
-43.66% |
| 2020-12-31 | CA$27.70 Million ≈ $20.04 Million |
-48.19% |
| 2019-12-31 | CA$53.47 Million ≈ $38.68 Million |
+3.40% |
| 2018-12-31 | CA$51.71 Million ≈ $37.41 Million |
-3.76% |
| 2017-12-31 | CA$53.73 Million ≈ $38.87 Million |
+9.56% |
| 2016-12-31 | CA$49.04 Million ≈ $35.48 Million |
+8.81% |
| 2015-12-31 | CA$45.07 Million ≈ $32.60 Million |
-2.16% |
| 2014-12-31 | CA$46.06 Million ≈ $33.32 Million |
+8.32% |
| 2013-12-31 | CA$42.53 Million ≈ $30.76 Million |
-16.52% |
| 2012-12-31 | CA$50.94 Million ≈ $36.85 Million |
+19.51% |
| 2011-12-31 | CA$42.63 Million ≈ $30.83 Million |
+5509.39% |
| 2010-12-31 | CA$-788.00K ≈ $-570.03K |
-194.60% |
| 2009-12-31 | CA$833.00K ≈ $602.58K |
-62.44% |
| 2008-12-31 | CA$2.22 Million ≈ $1.60 Million |
-91.46% |
| 2007-12-31 | CA$25.97 Million ≈ $18.78 Million |
+3.56% |
| 2006-12-31 | CA$25.07 Million ≈ $18.14 Million |
+34.81% |
| 2005-12-31 | CA$18.60 Million ≈ $13.45 Million |
+11.60% |
| 2003-12-31 | CA$16.67 Million ≈ $12.06 Million |
+10.90% |
| 2002-12-31 | CA$15.03 Million ≈ $10.87 Million |
-5.04% |
| 2001-12-31 | CA$15.83 Million ≈ $11.45 Million |
-39.48% |
| 2000-12-31 | CA$26.15 Million ≈ $18.92 Million |
+0.19% |
| 1999-12-31 | CA$26.10 Million ≈ $18.88 Million |
-47.80% |
| 1998-12-31 | CA$50.00 Million ≈ $36.17 Million |
-2.91% |
| 1997-12-31 | CA$51.50 Million ≈ $37.25 Million |
-18.77% |
| 1996-12-31 | CA$63.40 Million ≈ $45.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kincora Copper Ltd'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 19039100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$207.68 Million | 1201.42% |
| Total Equity | CA$17.29 Million | 100.00% |
Kincora Copper Ltd Competitors by Market Cap
The table below lists competitors of Kincora Copper Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
$32.17 Million |
|
Seojin Automotive Co.Ltd
KQ:122690
|
$32.17 Million |
|
Cnova NV
PA:CNV
|
$32.17 Million |
|
Banimmo SA
BR:BANI
|
$32.17 Million |
|
Maskapai Reasuransi Indonesia
JK:MREI
|
$32.16 Million |
|
Vince Holding Corp. Common Stock
NASDAQ:VNCE
|
$32.15 Million |
|
Klondike Gold Corp
V:KG
|
$32.14 Million |
|
Asia Brands Bhd
KLSE:7722
|
$32.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kincora Copper Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,503,000 to 17,286,000, a change of -217,000 (-1.2%).
- Net loss of 2,556,000 reduced equity.
- New share issuances of 1,158,000 increased equity.
- Other comprehensive income decreased equity by 13,954,000.
- Other factors increased equity by 15,135,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.56 Million | -14.79% |
| Share Issuances | CA$1.16 Million | +6.7% |
| Other Comprehensive Income | CA$-13.95 Million | -80.72% |
| Other Changes | CA$15.13 Million | +87.56% |
| Total Change | CA$- | -1.24% |
Book Value vs Market Value Analysis
This analysis compares Kincora Copper Ltd'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: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$934.80 | CA$1.04 | x |
| 1998-12-31 | CA$900.01 | CA$1.04 | x |
| 1999-12-31 | CA$391.50 | CA$1.04 | x |
| 2000-12-31 | CA$461.83 | CA$1.04 | x |
| 2001-12-31 | CA$245.68 | CA$1.04 | x |
| 2002-12-31 | CA$189.70 | CA$1.04 | x |
| 2003-12-31 | CA$135.01 | CA$1.04 | x |
| 2005-12-31 | CA$130.97 | CA$1.04 | x |
| 2006-12-31 | CA$157.06 | CA$1.04 | x |
| 2007-12-31 | CA$138.77 | CA$1.04 | x |
| 2008-12-31 | CA$10.60 | CA$1.04 | x |
| 2009-12-31 | CA$3.86 | CA$1.04 | x |
| 2010-12-31 | CA$-3.65 | CA$1.04 | x |
| 2011-12-31 | CA$19.24 | CA$1.04 | x |
| 2012-12-31 | CA$9.63 | CA$1.04 | x |
| 2013-12-31 | CA$6.23 | CA$1.04 | x |
| 2014-12-31 | CA$4.87 | CA$1.04 | x |
| 2015-12-31 | CA$4.36 | CA$1.04 | x |
| 2016-12-31 | CA$3.90 | CA$1.04 | x |
| 2017-12-31 | CA$2.83 | CA$1.04 | x |
| 2018-12-31 | CA$2.23 | CA$1.04 | x |
| 2019-12-31 | CA$1.54 | CA$1.04 | x |
| 2020-12-31 | CA$0.49 | CA$1.04 | x |
| 2021-12-31 | CA$0.05 | CA$1.04 | x |
| 2022-12-31 | CA$0.13 | CA$1.04 | x |
| 2023-12-31 | CA$0.10 | CA$1.04 | x |
| 2024-12-31 | CA$0.59 | CA$1.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kincora Copper Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-14.79%) is above the historical average (-40.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -23.11% | -11900.00% | 0.00x | 1.02x | CA$-17.05 Million |
| 1998 | -3.20% | -1600.00% | 0.00x | 1.01x | CA$-6.60 Million |
| 1999 | -4.60% | -1200.00% | 0.00x | 1.03x | CA$-3.81 Million |
| 2000 | -3.73% | -97500.00% | 0.00x | 1.07x | CA$-3.59 Million |
| 2001 | -78.67% | 0.00% | 0.00x | 1.12x | CA$-14.03 Million |
| 2002 | -29.32% | 0.00% | 0.00x | 1.17x | CA$-5.91 Million |
| 2003 | -46.52% | 0.00% | 0.00x | 1.09x | CA$-9.42 Million |
| 2005 | -4.25% | 0.00% | 0.00x | 1.07x | CA$-2.65 Million |
| 2006 | -11.02% | 0.00% | 0.00x | 1.07x | CA$-5.27 Million |
| 2007 | -0.62% | 0.00% | 0.00x | 1.02x | CA$-2.76 Million |
| 2008 | -359.11% | 0.00% | 0.00x | 1.33x | CA$-8.19 Million |
| 2009 | -179.83% | 0.00% | 0.00x | 3.26x | CA$-1.58 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.68 Million |
| 2011 | -6.52% | 0.00% | 0.00x | 1.01x | CA$-7.04 Million |
| 2012 | -4.72% | 0.00% | 0.00x | 1.04x | CA$-7.50 Million |
| 2013 | -21.53% | 0.00% | 0.00x | 1.06x | CA$-13.41 Million |
| 2014 | -4.30% | 0.00% | 0.00x | 1.06x | CA$-6.59 Million |
| 2015 | -2.37% | 0.00% | 0.00x | 1.06x | CA$-5.58 Million |
| 2016 | -3.35% | 0.00% | 0.00x | 1.02x | CA$-6.55 Million |
| 2017 | -7.18% | 0.00% | 0.00x | 1.01x | CA$-9.23 Million |
| 2018 | -4.48% | 0.00% | 0.00x | 1.01x | CA$-7.49 Million |
| 2019 | -9.27% | 0.00% | 0.00x | 1.02x | CA$-10.30 Million |
| 2020 | -116.36% | 0.00% | 0.00x | 1.03x | CA$-35.00 Million |
| 2021 | -144.70% | 0.00% | 0.00x | 1.04x | CA$-24.14 Million |
| 2022 | -12.55% | 0.00% | 0.00x | 1.03x | CA$-3.52 Million |
| 2023 | -8.34% | 0.00% | 0.00x | 1.01x | CA$-3.21 Million |
| 2024 | -14.79% | 0.00% | 0.00x | 1.04x | CA$-4.28 Million |
Industry Comparison
This section compares Kincora Copper Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $68,569,232
- Average return on equity (ROE) among peers: -31.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kincora Copper Ltd (KCC) | CA$20.50 Million | -23.11% | 0.04x | $32.17 Million |
| Amerigo Resources Ltd. (ARG) | $94.04 Million | -20.19% | 0.53x | $724.65 Million |
| Aranjin Resources Ltd (ARJN) | $-3.44 Million | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $65.98 Million | -10.82% | 0.05x | $652.36 Million |
| Bell Copper Corp (BCU) | $9.37 Million | -24.94% | 0.06x | $7.41 Million |
| Capstone Mining Corp (CS) | $6.84 Million | -27.19% | 0.05x | $6.22 Billion |
| Copper Fox Metals Inc. (CUU) | $2.22 Million | -26.56% | 0.31x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $146.24 Million |
| Ero Copper Corp (ERO) | $103.82 Million | -3.04% | 2.47x | $2.57 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $389.23 Million | 45.77% | 1.24x | $19.37 Billion |
About Kincora Copper Ltd
Kincora Copper Limited engages in acquisition, exploration, and evaluation of mineral properties in Mongolia and Australia. It primarily explores for copper, gold, lead, zinc, silver deposits, and base metals. The company's Flagship The Fairholme project comprising an area of 169 square kilometers located in the southern sector of the Junee-Narromine volcanic belt of the Macquarie Arc, Australia;… Read more