Pearl Gold AG (02P) - Net Assets
Based on the latest financial reports, Pearl Gold AG (02P) has net assets worth €8.73 Million EUR (≈ $10.20 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.26 Million ≈ $10.83 Million USD) and total liabilities (€531.93K ≈ $621.88K 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 02P current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.73 Million |
| % of Total Assets | 94.26% |
| Annual Growth Rate | -13.77% |
| 5-Year Change | -17.42% |
| 10-Year Change | -32.5% |
| Growth Volatility | 66.65 |
Pearl Gold AG - Net Assets Trend (2010–2024)
This chart illustrates how Pearl Gold AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pearl Gold AG for the complete picture of this company's asset base.
Annual Net Assets for Pearl Gold AG (2010–2024)
The table below shows the annual net assets of Pearl Gold AG from 2010 to 2024. For live valuation and market cap data, see 02P stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €8.73 Million ≈ $10.20 Million |
-32.59% |
| 2023-12-31 | €12.95 Million ≈ $15.14 Million |
-4.00% |
| 2022-12-31 | €13.49 Million ≈ $15.77 Million |
+33.27% |
| 2021-12-31 | €10.12 Million ≈ $11.83 Million |
-4.25% |
| 2020-12-31 | €10.57 Million ≈ $12.36 Million |
-- |
| 2019-12-31 | €0.00 ≈ $0.00 |
-- |
| 2018-12-31 | €0.00 ≈ $0.00 |
-- |
| 2017-12-31 | €1.00 ≈ $1.17 |
-- |
| 2016-12-31 | €0.00 ≈ $0.00 |
-- |
| 2013-12-31 | €12.93 Million ≈ $15.12 Million |
-93.49% |
| 2012-12-31 | €198.54 Million ≈ $232.12 Million |
+42.96% |
| 2011-12-31 | €138.88 Million ≈ $162.37 Million |
+99.87% |
| 2010-12-31 | €69.49 Million ≈ $81.24 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pearl Gold AG'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 decreased by 19387993477.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €203.31 Million | 2329.25% |
| Total Equity | €8.73 Million | 100.00% |
Pearl Gold AG Competitors by Market Cap
The table below lists competitors of Pearl Gold AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paos Holdings Bhd
KLSE:5022
|
$12.28 Million |
|
Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares
NASDAQ:AHMA
|
$12.28 Million |
|
Pudjiadi Prestige Tbk
JK:PUDP
|
$12.28 Million |
|
Pasinex Resources Limited
F:PNX
|
$12.29 Million |
|
Thai Packaging & Printing Public Company Limited
BK:TPP
|
$12.27 Million |
|
E-H.(CH)ENT. H. DL-00001
F:1VC
|
$12.27 Million |
|
Varopakorn Public Company Limited
BK:VARO
|
$12.27 Million |
|
DeepMarkit Corp
V:MKT
|
$12.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pearl Gold AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,948,621 to 8,728,445, a change of -4,220,176 (-32.6%).
- Net loss of 4,220,176 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.22 Million | -48.35% |
| Total Change | €- | -32.59% |
Book Value vs Market Value Analysis
This analysis compares Pearl Gold AG'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: 1.20x
- 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 10500000.00x to 1.20x 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 | €0.00 | €0.42 | x |
| 2018-12-31 | €0.00 | €0.42 | x |
| 2019-12-31 | €0.00 | €0.42 | x |
| 2020-12-31 | €0.42 | €0.42 | x |
| 2021-12-31 | €0.40 | €0.42 | x |
| 2022-12-31 | €0.54 | €0.42 | x |
| 2023-12-31 | €0.52 | €0.42 | x |
| 2024-12-31 | €0.35 | €0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pearl Gold AG 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): -48.35%
- 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: 1.06x
- Recent ROE (-48.35%) is above the historical average (-1746536.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -0.87% | -2756.82% | 0.00x | 2.02x | €-7.56 Million |
| 2011 | -0.44% | -1251.42% | 0.00x | 1.01x | €-14.49 Million |
| 2012 | -1.69% | -8805.46% | 0.00x | 1.00x | €-23.20 Million |
| 2013 | -1435.29% | -691362.00% | 0.00x | 1.08x | €-186.90 Million |
| 2017 | -19210824.00% | 0.00% | 0.00x | 42452934.00x | €-192.11K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | €-197.72K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | €-3.67 Million |
| 2020 | 413.62% | 0.00% | 0.00x | 1.12x | €42.66 Million |
| 2021 | -4.44% | 0.00% | 0.00x | 1.02x | €-1.46 Million |
| 2023 | -4.16% | 0.00% | 0.00x | 1.03x | €-1.83 Million |
| 2024 | -48.35% | 0.00% | 0.00x | 1.06x | €-5.09 Million |
Industry Comparison
This section compares Pearl Gold AG's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,935,850
- Average return on equity (ROE) among peers: -84.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pearl Gold AG (02P) | €8.73 Million | -0.87% | 0.06x | $12.28 Million |
| Asante Gold Corporation (1A9) | $132.61 Million | -99.79% | 6.37x | $652.36 Million |
| American Pacific Mining Corp (1QC1) | $39.11 Million | -23.19% | 0.05x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| GREENHAWK RESOURCES INC. (2V70) | $3.02 Million | -50.52% | 0.19x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $-2.12 Million | 0.00% | 0.00x | $149.39 Million |
| McLaren Resources Inc (3ML) | $92.17K | -504.01% | 0.86x | $2.42 Million |
| Tarachi Gold Corp (4RZ) | $59.76K | -56.67% | 1.20x | $2.42 Million |
| KATORO GOLD PLC LS-01 (622) | $-230.91K | 0.00% | 0.00x | $1.74 Million |
| Blue Lagoon Resources Inc (7BL) | $16.76 Million | -23.25% | 0.47x | $75.70 Million |
About Pearl Gold AG
Pearl Gold AG, a holding company, engages in the investment in gold mining projects in Africa. The company was incorporated in 2008 and is based in Berlin, Germany.