GOLDEN RES DEVL
GOLDEN RES DEVL operates in Diversified Metals & Mining.
GOLDEN RES DEVL (GOR) - Net Assets
Latest net assets as of March 2024: €1.36 Billion EUR
Based on the latest financial reports, GOLDEN RES DEVL (GOR) has net assets worth €1.36 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.08 Billion) and total liabilities (€721.55 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 | €1.36 Billion |
| % of Total Assets | 65.33% |
| Annual Growth Rate | 1.08% |
| 5-Year Change | 14.51% |
| 10-Year Change | N/A |
| Growth Volatility | 4.56 |
GOLDEN RES DEVL - Net Assets Trend (2017–2024)
This chart illustrates how GOLDEN RES DEVL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GOLDEN RES DEVL (2017–2024)
The table below shows the annual net assets of GOLDEN RES DEVL from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €1.36 Billion | +7.42% |
| 2023-03-31 | €1.27 Billion | +6.91% |
| 2022-03-31 | €1.18 Billion | +0.39% |
| 2021-03-31 | €1.18 Billion | -0.68% |
| 2020-03-31 | €1.19 Billion | -5.62% |
| 2019-03-31 | €1.26 Billion | -3.28% |
| 2018-03-31 | €1.30 Billion | +3.11% |
| 2017-03-31 | €1.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GOLDEN RES DEVL'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 7.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €623.07 Million | 47.21% |
| Other Components | €696.71 Million | 52.79% |
| Total Equity | €1.32 Billion | 100.00% |
GOLDEN RES DEVL Competitors by Market Cap
The table below lists competitors of GOLDEN RES DEVL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hamak Gold Ltd
LSE:HAMA
|
$591.38 |
|
Trinity Resources Inc
PINK:TRRI
|
$592.08 |
|
CANDENTE GOLD
BE:I97
|
$593.02 |
|
SHUMBA COAL LIMITED
XBOT:SHUM-EQO
|
$593.75 |
|
UHF Logistics Group Inc
PINK:RGLG
|
$591.10 |
|
VODONE
BE:YAM
|
$591.08 |
|
Fincera Inc
PINK:YUANF
|
$590.54 |
|
Ordinary Fully Paid Deferred Settlement
AU:TMKDD
|
$589.57 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOLDEN RES DEVL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,229,235,000 to 1,319,781,000, a change of 90,546,000 (7.4%).
- Net income of 106,848,000 contributed positively to equity growth.
- Dividend payments of 43,283,000 reduced retained earnings.
- Other factors increased equity by 26,981,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €106.85 Million | +8.1% |
| Dividends Paid | €43.28 Million | -3.28% |
| Other Changes | €26.98 Million | +2.04% |
| Total Change | €- | 7.37% |
Book Value vs Market Value Analysis
This analysis compares GOLDEN RES DEVL'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: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.74 | €0.06 | x |
| 2018-03-31 | €0.76 | €0.06 | x |
| 2019-03-31 | €0.74 | €0.06 | x |
| 2020-03-31 | €0.69 | €0.06 | x |
| 2021-03-31 | €0.69 | €0.06 | x |
| 2022-03-31 | €0.67 | €0.06 | x |
| 2023-03-31 | €0.72 | €0.06 | x |
| 2024-03-31 | €0.78 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOLDEN RES DEVL 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): 8.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.16%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.58x
- Recent ROE (8.10%) is above the historical average (3.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.78% | 5.58% | 0.78x | 1.10x | €-65.32 Million |
| 2018 | 5.06% | 5.41% | 0.85x | 1.11x | €-63.80 Million |
| 2019 | 0.35% | 0.30% | 1.04x | 1.13x | €-120.63 Million |
| 2020 | -1.95% | -1.30% | 1.03x | 1.45x | €-139.08 Million |
| 2021 | 3.43% | 2.49% | 0.96x | 1.44x | €-76.86 Million |
| 2022 | 1.64% | 1.05% | 0.98x | 1.59x | €-95.64 Million |
| 2023 | 10.47% | 6.25% | 1.09x | 1.54x | €5.76 Million |
| 2024 | 8.10% | 5.16% | 1.00x | 1.58x | €-25.13 Million |
Industry Comparison
This section compares GOLDEN RES DEVL'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 |
|---|---|---|---|---|
| GOLDEN RES DEVL (GOR) | €1.36 Billion | 4.78% | 0.53x | $591.25 |
| 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 |