Asante Gold Corporation (1A9) - Net Assets
Based on the latest financial reports, Asante Gold Corporation (1A9) has net assets worth €57.35 Million EUR as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€913.08 Million) and total liabilities (€855.73 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 | €57.35 Million |
| % of Total Assets | 6.28% |
| Annual Growth Rate | 30.7% |
| 5-Year Change | 887.36% |
| 10-Year Change | 3259.93% |
| Growth Volatility | 734.86 |
Asante Gold Corporation - Net Assets Trend (2014–2025)
This chart illustrates how Asante Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asante Gold Corporation (2014–2025)
The table below shows the annual net assets of Asante Gold Corporation from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | €34.84 Million | -18.02% |
| 2024-01-31 | €42.51 Million | -67.95% |
| 2023-01-31 | €132.61 Million | +41.32% |
| 2022-01-31 | €93.84 Million | +2558.98% |
| 2021-01-31 | €3.53 Million | +61.41% |
| 2020-01-31 | €2.19 Million | -2.06% |
| 2019-01-31 | €2.23 Million | -9.59% |
| 2018-01-31 | €2.47 Million | +64.71% |
| 2017-01-31 | €1.50 Million | +44.57% |
| 2016-01-31 | €1.04 Million | -30.63% |
| 2015-01-31 | €1.50 Million | -18.40% |
| 2014-01-31 | €1.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asante Gold Corporation'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 31771019600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €338.65 Million | 1911.76% |
| Total Equity | €17.71 Million | 100.00% |
Asante Gold Corporation Competitors by Market Cap
The table below lists competitors of Asante Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tian Jin Global Magnetic Card Co Ltd
SHG:600800
|
$750.45 Million |
|
Banco do Estado do Rio Grande do Sul S.A
SA:BRSR3
|
$750.83 Million |
|
EuroTeleSites AG
VI:ETS
|
$750.88 Million |
|
Westaim Corp
V:WED
|
$751.25 Million |
|
Hartadinata Abadi Tbk PT
JK:HRTA
|
$750.18 Million |
|
Gujarat State Fertilizers & Chemicals Limited
NSE:GSFC
|
$750.13 Million |
|
DongHua Testing Technology Co Ltd
SHE:300354
|
$750.12 Million |
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
$750.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asante Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,001,537 to 17,714,000, a change of -4,287,537 (-19.5%).
- Net loss of 75,199,000 reduced equity.
- New share issuances of 11,000,000 increased equity.
- Other factors increased equity by 59,911,463.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-75.20 Million | -424.52% |
| Share Issuances | €11.00 Million | +62.1% |
| Other Changes | €59.91 Million | +338.22% |
| Total Change | €- | -19.49% |
Book Value vs Market Value Analysis
This analysis compares Asante Gold Corporation'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: 23.29x
- 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 19.06x to 23.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-01-31 | €0.04 | €0.82 | x |
| 2019-01-31 | €0.04 | €0.82 | x |
| 2020-01-31 | €0.03 | €0.82 | x |
| 2021-01-31 | €0.04 | €0.82 | x |
| 2022-01-31 | €0.32 | €0.82 | x |
| 2023-01-31 | €0.26 | €0.82 | x |
| 2024-01-31 | €0.05 | €0.82 | x |
| 2025-01-31 | €0.04 | €0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asante Gold Corporation 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): -424.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.39%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 40.71x
- Recent ROE (-424.52%) is below the historical average (-111.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -43.13% | 0.00% | 0.00x | 1.55x | €-973.43K |
| 2015 | -47.59% | 0.00% | 0.00x | 2.26x | €-860.97K |
| 2016 | -82.24% | 0.00% | 0.00x | 4.01x | €-956.57K |
| 2017 | -59.77% | 0.00% | 0.00x | 2.77x | €-1.05 Million |
| 2018 | -26.97% | 0.00% | 0.00x | 1.96x | €-912.82K |
| 2019 | -26.42% | 0.00% | 0.00x | 2.36x | €-812.96K |
| 2020 | -22.93% | 0.00% | 0.00x | 2.52x | €-720.04K |
| 2021 | -19.08% | 0.00% | 0.00x | 1.79x | €-1.03 Million |
| 2022 | -10.37% | 0.00% | 0.00x | 2.77x | €-16.66 Million |
| 2023 | -135.97% | -64.48% | 0.21x | 10.05x | €-142.07 Million |
| 2024 | -442.63% | -22.85% | 0.62x | 31.05x | €-99.59 Million |
| 2025 | -424.52% | -16.39% | 0.64x | 40.71x | €-76.97 Million |
Industry Comparison
This section compares Asante Gold Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $13,575,822
- Average return on equity (ROE) among peers: -188.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asante Gold Corporation (1A9) | €57.35 Million | -43.13% | 14.92x | $750.30 Million |
| Pearl Gold AG (02P) | $12.93 Million | -1435.29% | 0.08x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $-121.40 Million | 0.00% | 0.00x | $28.02 Million |
| American Pacific Mining Corp (1QC1) | $11.71 Million | -22.07% | 0.01x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| Rio2 Limited (1SB) | $125.11 Million | -0.02% | 0.39x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $4.54 Million | -24.50% | 0.01x | $453.49K |
| McLaren Resources Inc (3ML) | $422.49K | -81.09% | 0.08x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
| ARIANA RESOURCESLS -001 (4A6) | $43.41 Million | 6.20% | 0.05x | $51.24 Million |
About Asante Gold Corporation
Asante Gold Corporation, a mineral exploration and gold production company, primarily involved in the assessment, acquisition, development, and operation of mines in the Republic of Ghana. It explores for gold deposit. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.