Dacian Gold Limited - DCN.AX

DCN.AX Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
DCN.AX	0	0	-3.4	185	227.6	128	-20.8	-85.8	2.0	-44.4
S&P 500	0.6	1.5	2.6	4.0	9.4	25.5	38.0	83.2	195.0	34364.2

Compare DCN.AX with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	DCN.AX
name	Dacian Gold Limited
price	0.285
changes percentage	-1.7241
change	-0.005
day low	0.28
day high	0.29
year high	0.295
year low	0.072
market cap	346788000
price avg 50	0.1731
price avg 200	0.11224
exchange	ASX
volume	322143
avg volume	719562
open	0.28
previous close	0.29
eps	-0.05
pe	-5.7
earnings announcement	2024-02-20T05:00:00.000+0000
shares outstanding	1216800000
timestamp	2023-11-09 04:59:49

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 56.7%

Overall Quarterly Financial Health: 33.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
revenue	124626000	223665000	-44.28
gross profit	22270000	-7701000	389.18
gross profit ratio	0.18	-0.03	618.99
research and development expenses	0	0	NaN
operating expenses	46943000	52603000	-10.76
interest income	1000000	943000	6.04
interest expense	1261000	1237000	1.94
ebitda	-1000000	-38229000	97.38
ebitdaratio	-0.01	-0.17	95.31
operating income	-65039000	-185989000	65.03
operating income ratio	-0.52	-0.83	37.24
net income	-62662000	-198433000	68.42
net income ratio	-0.5	-0.89	43.33
eps	-0.05	-0.19	72.79

Overall Score of Annual Income Statement

0.71 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 125 million in 2022 from 224 million in 2021 representing a change of -44.28%. This indicates a sales shrinking, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -1 million in 2022 from -38 million in 2021 representing a change of 97.38%. The decrease in EBITDA indicates declined operational efficiency and profitability.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 22 million in 2022 from -8 million in 2021 representing a change of 389.18%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 47 million in 2022 from 53 million in 2021 representing a change of -10.76%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to -65 million in 2022 from -186 million in 2021 representing a change of 65.03%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to -63 million in 2022 from -198 million in 2021 representing a change of 68.42%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.05 in 2022 from -0.05 in 2021 representing a change of 72.79%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
revenue	16542500	16542500	0.0
gross profit	-5312000	-5312000	0.0
gross profit ratio	-0.32	-0.32	0.0
research and development expenses	0	0	NaN
operating expenses	3839499	3839499	0.0
interest income	233500	233500	0.0
interest expense	0	0	NaN
ebitda	12697500	12697500	0.0
ebitdaratio	0.77	0.77	0.0
operating income	-11312500	-11312500	0.0
operating income ratio	-0.68	-0.68	0.0
net income	-8918000	-8918000	0.0
net income ratio	-0.54	-0.54	0.0
eps	-0.01	-0.01	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
total assets	114988000	181697000	-36.71
total liabilities	54571000	71697000	-23.89
total equity	60417000	110000000	-45.08
cash and cash equivalents	25381000	17464000	45.33
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	26796000	42652000	-37.18
total non current assets	88192000	139045000	-36.57
total current liabilities	10192000	34993000	-70.87
total non current liabilities	44379000	36704000	20.91
common stock	503201000	489247000	2.85
retained earnings	-446463000	-383841000	-16.31
total debt	7247000	12432000	-41.71

Overall Score of Annual Balance Sheet

0.56 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 115 million in 2022 from 182 million in 2021 representing a change of -36.71%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 60 million in 2022 from 110 million in 2021 representing a change of -45.08%. This indicates a decrease in shareholders' equity.

  Total Current Assets: Total Current Assets decreased to 27 million in 2022 from 43 million in 2021 representing a change of -37.18%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -446 million in 2022 from -384 million in 2021 representing a change of -16.31%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 55 million in 2022 from 72 million in 2021 representing a change of -23.89%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 25 million in 2022 from 17 million in 2021 representing a change of 45.33%. This indicates an increase in available liquid assets.

  Total Current Liabilities: Total Current Liabilities decreased to 10 million in 2022 from 35 million in 2021 representing a change of -70.87%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 503 in 2022 from 489 in 2021 representing a change of 2.85%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 7 million in 2022 from 12 million in 2021 representing a change of -41.71%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
total assets	114988000	114988000	0.0
total liabilities	54571000	54571000	0.0
total equity	60417000	60417000	0.0
cash and cash equivalents	25381000	25381000	0.0
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	26796000	26796000	0.0
total non current assets	88192000	88192000	0.0
total current liabilities	10192000	10192000	0.0
total non current liabilities	44379000	0	NaN
common stock	503201000	503201000	0.0
retained earnings	-446463000	-446463000	0.0
total debt	7247000	0	NaN

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 7 million in 2022Q4 from 0 million in 2022Q3 representing a change of nan%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
net change in cash	7917000	-18478000	142.85
operating cash flow	4900000	31819000	-84.60
free cash flow	-1744000	-35548000	95.09
capital expenditure	-6644000	-67367000	90.14
depreciation and amortization	68186000	216475000	-68.50
deferred income tax	-19784000	2444000	-909.49
stock based compensation	515000	-751000	168.58
accounts payables	0	0	NaN
inventory	17045000	-2029000	940.07
acquisitions net	0	0	NaN
investments in property plant and equipment	-6644000	-67367000	90.14
net cash used for investing activites	-4564000	-67358000	93.22
debt repayment	0	0	NaN
common stock issued	12589000	35905000	-64.94
common stock repurchased	-25000	-1776000	98.59
dividends paid	0	-16000000	100.00
net cash used provided by financing activities	7581000	17061000	-55.57
cash at end of period	25381000	17464000	45.33
accounts receivables	2224000	336000	561.90
cash at beginning of period	17464000	35942000	-51.41

Overall Score of Annual Cashflow Statement

0.43 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 8 million in 2022 from -18 million in 2021 representing a change of 142.85%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow increased to -2 million in 2022 from -36 million in 2021 representing a change of 95.09%. This indicates an increase in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid increased to 0 million in 2022 from -16 million in 2021 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 5 million in 2022 from 32 million in 2021 representing a change of -84.6%. This indicates that the company generated less cash from its core business operations.

  Capital Expenditure: Capital Expenditure increased to -7 million in 2022 from -67 million in 2021 representing a change of 90.14%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 1 million in 2022 from -1 million in 2021 representing a change of 168.58%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 2 in 2022 from 0 million in 2021 representing a change of 561.9%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
operating cash flow	-6881500	-6881500	0.0
free cash flow	-7424500	-7424500	0.0
capital expenditure	-543000	-543000	0.0
depreciation and amortization	24010000	24010000	0.0
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	1112000	1112000	0.0
accounts payables	0	0	NaN
inventory	8522500	8522500	0.0
acquisitions net	0	0	NaN
investments in property plant and equipment	-543000	-543000	0.0
net cash used for investing activites	491500	491500	0.0
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-895000	-895000	0.0
net change in cash	-7285000	-7285000	0.0
cash at end of period	-7285000	-7285000	0.0
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-06-30	2022-06-30	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	0.1	0.22	-52.39
net income per share	-0.05	-0.19	73.02
operating cash flow per share	0.0	0.03	-86.84
free cash flow per share	-0.0	-0.03	95.81
cash per share	0.02	0.02	24.19
book value per share	0.05	0.11	-53.07
tangible book value per share	0.05	0.11	-53.07
shareholders equity per share	0.05	0.11	-53.07
interest debt per share	0.01	0.01	-46.81
market cap	96404930.8	84439011.53	14.17
enterprise value	78270930.8	79407011.53	-1.43
pe ratio	-1.54	-0.43	-261.55
price to sales ratio	0.77	0.38	104.90
pocfratio	19.67	2.65	641.39
pfcf ratio	-55.28	-2.38	-2227.15
pb ratio	1.6	0.77	107.87
ptb ratio	1.6	0.77	107.87
ev to sales	0.63	0.36	76.90
enterprise value over ebitda	-78.27	-2.08	-3668.21
ev to operating cash flow	15.97	2.5	540.08
ev to free cash flow	-44.88	-2.23	-1909.14
earnings yield	-0.65	-2.35	72.34
free cash flow yield	-0.02	-0.42	95.70
debt to equity	0.12	0.11	6.13
debt to assets	0.06	0.07	-7.89
net debt to ebitda	18.13	0.13	13676.72
current ratio	2.63	1.22	115.70
interest coverage	-51.58	-150.35	65.70
income quality	-0.08	-0.16	51.23
dividend yield	0	0.19	-100.00
payout ratio	0	-0.08	100.00
sales general and administrative to revenue	0.06	0.03	110.76
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	1.36	2.12	-35.96
capex to revenue	0.05	0.3	-82.30
capex to depreciation	0.1	0.31	-68.69
stock based compensation to revenue	0.0	-0.0	223.07
graham number	0.24	0.68	-64.41
roic	-0.98	-1.61	39.04
return on tangible assets	-0.54	-1.09	50.10
graham net net	-0.02	-0.04	40.91
working capital	16604000	7659000	116.79
tangible asset value	60417000	110000000	-45.08
net current asset value	-27775000	-29045000	4.37
invested capital	104796000	146704000	-28.57
average receivables	1926000	3064500	-37.15
average payables	2234500	4406500	-49.29
average inventory	10710000	20411000	-47.53
days sales outstanding	2.47	4.91	-49.80
days payables outstanding	1.07	6.58	-83.79
days of inventory on hand	0.1	33.75	-99.69
receivables turnover	148.01	74.31	99.19
payables turnover	342.33	55.48	516.99
inventory turnover	3529.52	10.82	32532.24
roe	-1.04	-1.8	42.51
capex per share	0.01	0.07	-91.57

• Negative

  ROE: Return on Equity (ROE) increased to -1.04 on 2023-06-30 from -1.80 on 2022-06-30, representing a change of 42.51%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -1.54 on 2023-06-30 from -0.43 on 2022-06-30, representing a change of -261.55%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 2.63 on 2023-06-30 from 1.22 on 2022-06-30, representing a change of 115.70%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.12 on 2023-06-30 from 0.11 on 2022-06-30, representing a change of 6.13%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2023-06-30 Q4	2023-03-31 Q3	Q/Q change %
DCN.AX
calendar year	2022	2022	NaN
revenue per share	0.01	0.01	0.00
net income per share	-0.01	-0.01	0.00
operating cash flow per share	-0.01	-0.01	0.00
free cash flow per share	-0.01	-0.01	0.00
cash per share	0.02	0.02	0.00
book value per share	0.05	0.05	0.00
tangible book value per share	0.05	0.05	0.00
shareholders equity per share	0.05	0.05	0.00
interest debt per share	0.01	0	NaN
market cap	95201494.48	94011475.8	1.27
enterprise value	77067494.48	68630475.8	12.29
pe ratio	-2.67	-2.64	-1.27
price to sales ratio	5.75	5.68	1.27
pocfratio	-13.83	-13.66	-1.27
pfcf ratio	-12.82	-12.66	-1.27
pb ratio	1.58	1.56	1.27
ptb ratio	1.58	1.56	1.27
ev to sales	4.66	4.15	12.29
enterprise value over ebitda	6.07	5.41	12.29
ev to operating cash flow	-11.2	-9.97	-12.29
ev to free cash flow	-10.38	-9.24	-12.29
earnings yield	-0.09	-0.09	1.25
free cash flow yield	-0.08	-0.08	1.25
debt to equity	0.12	0	NaN
debt to assets	0.06	0	NaN
net debt to ebitda	-1.43	-2.0	28.55
current ratio	2.63	2.63	0.00
interest coverage	0	0	NaN
income quality	0.77	0.77	0.00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.08	-0.08	0.00
capex to revenue	0.03	0.03	0.00
capex to depreciation	0.02	0.02	0.00
stock based compensation to revenue	0	0	NaN
graham number	0.09	0.09	0.00
roic	-0.17	-0.19	10.71
return on tangible assets	-0.08	-0.08	0.00
graham net net	-0.02	-0.02	2.16
working capital	16604000	16604000	0.00
tangible asset value	60417000	60417000	0.00
net current asset value	-27775000	-27775000	0.00
invested capital	104796000	104796000	0.00
average receivables	421000.5	1110500.5	-62.09
average payables	299000	10058000	-97.03
average inventory	29000	5901000	-99.51
days sales outstanding	4.58	0.0	84199900.00
days payables outstanding	1.23	1.23	0.00
days of inventory on hand	0.12	0.12	0.00
receivables turnover	19.65	16542500	-100.00
payables turnover	73.09	73.09	0.00
inventory turnover	753.6	753.6	0.00
roe	-0.15	-0.15	0.00
capex per share	0.0	0.0	0.00

• Negative

  ROE: Return on Equity (ROE) decreased to -0.15 on 2023-06-30 Q4 from -0.15 on 2023-03-31 Q3, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -2.67 on 2023-06-30 Q4 from -2.64 on 2023-03-31 Q3, representing a change of -1.27%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 2.63 on 2023-06-30 Q4 from 2.63 on 2023-03-31 Q3, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None