Ariana Resources Plc
Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey, Zimbabwe, Cyprus, Kosovo, and the United Kingdom and other territories. It explores for gold, silver, copper, nickel, molybdenum, zinc, and other metals. The company's flagship property is the Dokwe gold property located in the Tsholotsho district of Bulawayo, Zimbabwe. Ariana Resources plc w… Read more
Ariana Resources Plc (AA2) - Net Assets
Latest net assets as of June 2025: AU$42.18 Million AUD
Based on the latest financial reports, Ariana Resources Plc (AA2) has net assets worth AU$42.18 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$44.66 Million) and total liabilities (AU$2.48 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 | AU$42.18 Million |
| % of Total Assets | 94.45% |
| Annual Growth Rate | 14.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 54.83 |
Ariana Resources Plc - Net Assets Trend (2021–2024)
This chart illustrates how Ariana Resources Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ariana Resources Plc (2021–2024)
The table below shows the annual net assets of Ariana Resources Plc from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$43.27 Million | +102.43% |
| 2023-12-31 | AU$21.37 Million | -21.01% |
| 2022-12-31 | AU$27.06 Million | -5.16% |
| 2021-12-31 | AU$28.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ariana Resources Plc'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 39.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$37.86 Million | 87.50% |
| Common Stock | AU$1.83 Million | 4.24% |
| Other Components | AU$3.57 Million | 8.26% |
| Total Equity | AU$43.27 Million | 100.00% |
Ariana Resources Plc Competitors by Market Cap
The table below lists competitors of Ariana Resources Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
J.G.CHEMICALS LIMITED
NSE:JGCHEM
|
$43.15 Million |
|
Bourse Direct SA
PA:BSD
|
$43.17 Million |
|
Adlai Nortye Ltd.
F:N2U0
|
$43.18 Million |
|
GENTIAN DIAGNOST. NO -01
F:6FK
|
$43.18 Million |
|
Patria Latin American Opportunity Acquisition Corp
NASDAQ:PLAOU
|
$43.12 Million |
|
Eche Izquierdo
SN:EISA
|
$43.12 Million |
|
Annehem Fastigheter AB
ST:ANNE-B
|
$43.12 Million |
|
Deccan Cements Limited
NSE:DECCANCE
|
$43.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ariana Resources Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,374,000 to 43,267,000, a change of 21,893,000 (102.4%).
- Net income of 2,692,000 contributed positively to equity growth.
- Share repurchases of 15,475,000 reduced equity.
- New share issuances of 15,475,000 increased equity.
- Other factors increased equity by 19,201,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$2.69 Million | +6.22% |
| Share Repurchases | AU$15.47 Million | -35.77% |
| Share Issuances | AU$15.47 Million | +35.77% |
| Other Changes | AU$19.20 Million | +44.38% |
| Total Change | AU$- | 102.43% |
Book Value vs Market Value Analysis
This analysis compares Ariana Resources Plc'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: 13.99x
- 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 increased from 12.70x to 13.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | AU$0.03 | AU$0.33 | x |
| 2022-12-31 | AU$0.02 | AU$0.33 | x |
| 2023-12-31 | AU$0.02 | AU$0.33 | x |
| 2024-12-31 | AU$0.02 | AU$0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ariana Resources Plc 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): 6.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (6.22%) is below the historical average (8.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.53% | 0.00% | 0.00x | 1.07x | AU$1.01 Million |
| 2022 | 14.89% | 0.00% | 0.00x | 1.03x | AU$1.32 Million |
| 2023 | -1.02% | 0.00% | 0.00x | 1.03x | AU$-2.36 Million |
| 2024 | 6.22% | 0.00% | 0.00x | 1.05x | AU$-1.63 Million |
Industry Comparison
This section compares Ariana Resources Plc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $24,246,558
- Average return on equity (ROE) among peers: -1411.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ariana Resources Plc (AA2) | AU$42.18 Million | 13.53% | 0.06x | $43.13 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |