GOLD ROAD RES
GOLD ROAD RES operates in Diversified Metals & Mining.
GOLD ROAD RES (E6Q) - Net Assets
Latest net assets as of December 2023: €942.45 Million EUR
Based on the latest financial reports, GOLD ROAD RES (E6Q) has net assets worth €942.45 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.18 Billion) and total liabilities (€235.81 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 | €942.45 Million |
| % of Total Assets | 79.99% |
| Annual Growth Rate | 25.09% |
| 5-Year Change | 180.38% |
| 10-Year Change | N/A |
| Growth Volatility | 53.99 |
GOLD ROAD RES - Net Assets Trend (2015–2023)
This chart illustrates how GOLD ROAD RES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GOLD ROAD RES (2015–2023)
The table below shows the annual net assets of GOLD ROAD RES from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €942.45 Million | +13.30% |
| 2022-12-31 | €831.83 Million | +88.42% |
| 2021-12-31 | €441.48 Million | +5.25% |
| 2020-12-31 | €419.47 Million | +24.79% |
| 2019-12-31 | €336.13 Million | -0.84% |
| 2018-12-31 | €338.97 Million | -12.78% |
| 2016-12-31 | €388.62 Million | +147.19% |
| 2015-12-31 | €157.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GOLD ROAD RES'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 43623697300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €385.31 Million | 40.88% |
| Other Components | €557.14 Million | 59.12% |
| Total Equity | €942.45 Million | 100.00% |
GOLD ROAD RES Competitors by Market Cap
The table below lists competitors of GOLD ROAD RES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carepay Holdings Inc
PINK:SOFE
|
$19.35K |
|
Vinacomin Northern Coal Trading JSC
VN:TMB
|
$19.36K |
|
Grayscale Basic Attention Token Trust
OTCQX:GBAT
|
$19.36K |
|
China Shipping Development Co Ltd
HM:HIFH
|
$19.37K |
|
ReNu Energy Limited
PINK:GDYMF
|
$19.35K |
|
MONDADORI EDIT - Dusseldorf Stock Exchang
DU:MDD
|
$19.33K |
|
162120
KO:162120
|
$19.33K |
|
YOUR FAMILY ENTERT
BE:RTV
|
$19.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOLD ROAD RES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 831,825,000 to 942,445,000, a change of 110,620,000 (13.3%).
- Net income of 115,715,000 contributed positively to equity growth.
- Dividend payments of 15,529,000 reduced retained earnings.
- Other factors increased equity by 10,434,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €115.72 Million | +12.28% |
| Dividends Paid | €15.53 Million | -1.65% |
| Other Changes | €10.43 Million | +1.11% |
| Total Change | €- | 13.30% |
Book Value vs Market Value Analysis
This analysis compares GOLD ROAD RES'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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.28x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €0.45 | €1.91 | x |
| 2018-12-31 | €0.39 | €1.91 | x |
| 2019-12-31 | €0.38 | €1.91 | x |
| 2020-12-31 | €0.48 | €1.91 | x |
| 2021-12-31 | €0.50 | €1.91 | x |
| 2022-12-31 | €0.77 | €1.91 | x |
| 2023-12-31 | €0.87 | €1.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOLD ROAD RES 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): 12.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.51%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.25x
- Recent ROE (12.28%) is above the historical average (11.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -5.87% | 0.00% | 0.00x | 1.04x | €-24.95 Million |
| 2016 | 59.14% | 0.00% | 0.00x | 1.07x | €190.95 Million |
| 2018 | -7.04% | 0.00% | 0.00x | 1.46x | €-57.75 Million |
| 2019 | -1.38% | -6.17% | 0.12x | 1.81x | €-38.27 Million |
| 2020 | 19.27% | 27.43% | 0.47x | 1.50x | €38.87 Million |
| 2021 | 8.33% | 13.39% | 0.42x | 1.48x | €-7.36 Million |
| 2022 | 7.66% | 16.63% | 0.37x | 1.24x | €-19.49 Million |
| 2023 | 12.28% | 24.51% | 0.40x | 1.25x | €21.47 Million |
Industry Comparison
This section compares GOLD ROAD RES's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOLD ROAD RES (E6Q) | €942.45 Million | -5.87% | 0.25x | $19.35K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |