Kingsmen Resources Ltd (KNG) - Net Assets
Based on the latest financial reports, Kingsmen Resources Ltd (KNG) has net assets worth CA$2.37 Million CAD (≈ $1.72 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$2.60 Million ≈ $1.88 Million USD) and total liabilities (CA$231.17K ≈ $167.23K 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. Read how much debt does Kingsmen Resources Ltd carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.37 Million |
| % of Total Assets | 91.12% |
| Annual Growth Rate | 2.62% |
| 5-Year Change | 112.01% |
| 10-Year Change | 206.03% |
| Growth Volatility | 70.03 |
Kingsmen Resources Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Kingsmen Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kingsmen Resources Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Kingsmen Resources Ltd (2005–2024)
The table below shows the annual net assets of Kingsmen Resources Ltd from 2005 to 2024. For live valuation and market cap data, see Kingsmen Resources Ltd (KNG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.70 Million ≈ $1.23 Million |
+41.37% |
| 2023-12-31 | CA$1.21 Million ≈ $872.31K |
+35.43% |
| 2022-12-31 | CA$890.37K ≈ $644.08K |
-1.19% |
| 2021-12-31 | CA$901.09K ≈ $651.84K |
+12.06% |
| 2020-12-31 | CA$804.09K ≈ $581.67K |
+12.35% |
| 2019-12-31 | CA$715.70K ≈ $517.73K |
+26.78% |
| 2018-12-31 | CA$564.51K ≈ $408.36K |
+131.99% |
| 2017-12-31 | CA$243.34K ≈ $176.03K |
-33.63% |
| 2016-12-31 | CA$366.65K ≈ $265.23K |
-34.18% |
| 2015-12-31 | CA$557.04K ≈ $402.96K |
-28.43% |
| 2014-12-31 | CA$778.31K ≈ $563.02K |
-74.23% |
| 2013-12-31 | CA$3.02 Million ≈ $2.18 Million |
-3.71% |
| 2007-12-31 | CA$3.14 Million ≈ $2.27 Million |
-3.43% |
| 2006-12-31 | CA$3.25 Million ≈ $2.35 Million |
+211.49% |
| 2005-12-31 | CA$1.04 Million ≈ $754.28K |
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Equity Component Analysis
This analysis shows how different components contribute to Kingsmen Resources 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 grown by 253019900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$5.02 Million | 294.31% |
| Total Equity | CA$1.70 Million | 100.00% |
Kingsmen Resources Ltd Competitors by Market Cap
The table below lists competitors of Kingsmen Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JV SPAC Acquisition Corp. Class A Ordinary Share
NASDAQ:JVSA
|
$22.75 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
$22.78 Million |
|
Compugates Holdings Bhd
KLSE:5037
|
$22.79 Million |
|
Hakers Enterprise Co Ltd
TWO:4432
|
$22.79 Million |
|
Getabec Public Company Limited
BK:GTB
|
$22.74 Million |
|
Bioleaders Corporation
KQ:142760
|
$22.73 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
$22.72 Million |
|
CodeMill AB
ST:CDMIL
|
$22.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingsmen Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,205,866 to 1,704,717, a change of 498,851 (41.4%).
- Net loss of 790,113 reduced equity.
- New share issuances of 1,000,000 increased equity.
- Other factors increased equity by 288,964.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-790.11K | -46.35% |
| Share Issuances | CA$1.00 Million | +58.66% |
| Other Changes | CA$288.96K | +16.95% |
| Total Change | CA$- | 41.37% |
Book Value vs Market Value Analysis
This analysis compares Kingsmen Resources 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: 15.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 40.21x to 15.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.03 | CA$1.10 | x |
| 2018-12-31 | CA$0.03 | CA$1.10 | x |
| 2019-12-31 | CA$0.03 | CA$1.10 | x |
| 2020-12-31 | CA$0.03 | CA$1.10 | x |
| 2021-12-31 | CA$0.03 | CA$1.10 | x |
| 2022-12-31 | CA$0.06 | CA$1.10 | x |
| 2023-12-31 | CA$0.06 | CA$1.10 | x |
| 2024-12-31 | CA$0.07 | CA$1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingsmen Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -46.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-46.35%) is above the historical average (-60.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -115.57% | 0.00% | 0.00x | 1.04x | CA$-1.31 Million |
| 2006 | -52.56% | 0.00% | 0.00x | 1.03x | CA$-2.03 Million |
| 2007 | -81.68% | 0.00% | 0.00x | 1.08x | CA$-2.88 Million |
| 2013 | -14.32% | 0.00% | 0.00x | 1.01x | CA$-734.66K |
| 2014 | -312.16% | 0.00% | 0.00x | 1.02x | CA$-2.51 Million |
| 2015 | -41.15% | 0.00% | 0.00x | 1.04x | CA$-284.92K |
| 2016 | -51.93% | 0.00% | 0.00x | 1.05x | CA$-227.06K |
| 2017 | -50.67% | 0.00% | 0.00x | 1.04x | CA$-147.64K |
| 2018 | -47.21% | 0.00% | 0.00x | 1.04x | CA$-322.93K |
| 2019 | -46.99% | 0.00% | 0.00x | 1.01x | CA$-407.91K |
| 2020 | 10.99% | 0.00% | 0.00x | 1.02x | CA$7.98K |
| 2021 | -20.97% | 0.00% | 0.00x | 1.01x | CA$-279.07K |
| 2022 | -1.20% | 0.00% | 0.00x | 1.06x | CA$-99.76K |
| 2023 | -39.77% | 0.00% | 0.00x | 1.05x | CA$-600.12K |
| 2024 | -46.35% | 0.00% | 0.00x | 1.05x | CA$-960.58K |
Industry Comparison
This section compares Kingsmen Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingsmen Resources Ltd (KNG) | CA$2.37 Million | -115.57% | 0.10x | $22.74 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Kingsmen Resources Ltd
Kingsmen Resources Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties. The company explores for silver, gold, lead, zinc, and copper minerals, as well as precious metals. It holds 100% interest in the Las Coloradas Project, which covers an area of approximately 845 hectares located in Chihuahua, Mexico. The company was formerly known as Tu… Read more