Asante Gold Corporation (1A9) - Net Assets
Based on the latest financial reports, Asante Gold Corporation (1A9) has net assets worth €57.35 Million EUR (≈ $67.05 Million USD) 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 ≈ $1.07 Billion USD) and total liabilities (€855.73 Million ≈ $1.00 Billion 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. Check Asante Gold Corporation strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see how much is Asante Gold Corporation worth.
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. Also explore Asante Gold Corporation equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | €34.84 Million ≈ $40.74 Million |
-18.02% |
| 2024-01-31 | €42.51 Million ≈ $49.69 Million |
-67.95% |
| 2023-01-31 | €132.61 Million ≈ $155.04 Million |
+41.32% |
| 2022-01-31 | €93.84 Million ≈ $109.70 Million |
+2558.98% |
| 2021-01-31 | €3.53 Million ≈ $4.13 Million |
+61.41% |
| 2020-01-31 | €2.19 Million ≈ $2.56 Million |
-2.06% |
| 2019-01-31 | €2.23 Million ≈ $2.61 Million |
-9.59% |
| 2018-01-31 | €2.47 Million ≈ $2.89 Million |
+64.71% |
| 2017-01-31 | €1.50 Million ≈ $1.75 Million |
+44.57% |
| 2016-01-31 | €1.04 Million ≈ $1.21 Million |
-30.63% |
| 2015-01-31 | €1.50 Million ≈ $1.75 Million |
-18.40% |
| 2014-01-31 | €1.83 Million ≈ $2.14 Million |
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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 |
|---|---|
|
DXN HOLDINGS BHD.
KLSE:5318
|
$571.42 Million |
|
AECI Ltd
JSE:AFE
|
$571.43 Million |
|
Kido Group Corp
VN:KDC
|
$571.46 Million |
|
Australian Agricultural Company Ltd
AU:AAC
|
$571.50 Million |
|
Hainan RuiZe New Building Material Co Ltd
SHE:002596
|
$570.95 Million |
|
Shenzhen Kiwi Instruments Co. Ltd. A
SHG:688045
|
$570.91 Million |
|
Allied Supreme Corp
TW:4770
|
$570.71 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$570.22 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: 17.74x
- 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 14.51x to 17.74x 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 | €0.63 | x |
| 2019-01-31 | €0.04 | €0.63 | x |
| 2020-01-31 | €0.03 | €0.63 | x |
| 2021-01-31 | €0.04 | €0.63 | x |
| 2022-01-31 | €0.32 | €0.63 | x |
| 2023-01-31 | €0.26 | €0.63 | x |
| 2024-01-31 | €0.05 | €0.63 | x |
| 2025-01-31 | €0.04 | €0.63 | 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: $6,535,132,104
- Average return on equity (ROE) among peers: -116.42%
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 | $571.27 Million |
| Pearl Gold AG (02P) | $198.54 Million | -1.69% | 0.00x | $13.15 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-104.03K | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $58.57 Billion | 5.04% | 1.74x | $3.34 Billion |
| American Pacific Mining Corp (1QC1) | $2.08 Million | -120.88% | 0.08x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $17.87 Million | -9.87% | 0.17x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $9.67 Million | -13.44% | 0.06x | $10.69 Million |
| CLARITY METALS CORP. (27G0) | $263.00K | -857.71% | 2.32x | $1.66 Million |
| CANDELARIA MINING CORP (29LN) | $11.59 Million | -37.86% | 0.45x | $87.61K |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $6.26 Million | -11.38% | 0.01x | $10.77 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.