Zanaga Iron Ore Company Limited (6ZA) - Net Assets
Based on the latest financial reports, Zanaga Iron Ore Company Limited (6ZA) has net assets worth €90.03 Million EUR (≈ $105.26 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€90.17 Million ≈ $105.42 Million USD) and total liabilities (€139.00K ≈ $162.51K 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 Zanaga Iron Ore Company Limited (6ZA) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €90.03 Million |
| % of Total Assets | 99.85% |
| Annual Growth Rate | -8.68% |
| 5-Year Change | 127.63% |
| 10-Year Change | 87.08% |
| Growth Volatility | 44.69 |
Zanaga Iron Ore Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Zanaga Iron Ore Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Zanaga Iron Ore Company Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Zanaga Iron Ore Company Limited (2013–2024)
The table below shows the annual net assets of Zanaga Iron Ore Company Limited from 2013 to 2024. For live valuation and market cap data, see market value of Zanaga Iron Ore Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €85.54 Million ≈ $100.01 Million |
-0.32% |
| 2023-12-31 | €85.82 Million ≈ $100.33 Million |
+0.72% |
| 2022-12-31 | €85.20 Million ≈ $99.61 Million |
+125.78% |
| 2021-12-31 | €37.74 Million ≈ $44.12 Million |
+0.42% |
| 2020-12-31 | €37.58 Million ≈ $43.93 Million |
-1.42% |
| 2019-12-31 | €38.12 Million ≈ $44.57 Million |
-3.30% |
| 2018-12-31 | €39.42 Million ≈ $46.08 Million |
-4.52% |
| 2017-12-31 | €41.28 Million ≈ $48.27 Million |
-3.25% |
| 2016-12-31 | €42.67 Million ≈ $49.89 Million |
-6.68% |
| 2015-12-31 | €45.73 Million ≈ $53.46 Million |
-26.61% |
| 2014-12-31 | €62.31 Million ≈ $72.85 Million |
-73.16% |
| 2013-12-31 | €232.13 Million ≈ $271.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zanaga Iron Ore Company Limited'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 19115300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €318.98 Million | 372.89% |
| Total Equity | €85.54 Million | 100.00% |
Zanaga Iron Ore Company Limited Competitors by Market Cap
The table below lists competitors of Zanaga Iron Ore Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Implanet SA
PA:ALIMP
|
$32.11 Million |
|
Asia Brands Bhd
KLSE:7722
|
$32.13 Million |
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
$32.13 Million |
|
Klondike Gold Corp
V:KG
|
$32.14 Million |
|
Offerpad Solutions Inc
NYSE:OPAD
|
$32.10 Million |
|
Altech Batteries Ltd
AU:ATC
|
$32.10 Million |
|
OPCOM Holdings Bhd
KLSE:0035
|
$32.09 Million |
|
NATUZZI S.P.A. ADR/5 EO 1
F:NTZA
|
$32.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zanaga Iron Ore Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,817,000 to 85,542,000, a change of -275,000 (-0.3%).
- Net loss of 2,294,000 reduced equity.
- New share issuances of 1,729,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.29 Million | -2.68% |
| Share Issuances | €1.73 Million | +2.02% |
| Other Changes | €290.00K | +0.34% |
| Total Change | €- | -0.32% |
Book Value vs Market Value Analysis
This analysis compares Zanaga Iron Ore Company Limited'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: 0.26x
- 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 |
|---|---|---|---|
| 2017-12-31 | €0.15 | €0.03 | x |
| 2018-12-31 | €0.14 | €0.03 | x |
| 2019-12-31 | €0.13 | €0.03 | x |
| 2020-12-31 | €0.13 | €0.03 | x |
| 2021-12-31 | €0.12 | €0.03 | x |
| 2022-12-31 | €0.14 | €0.03 | x |
| 2023-12-31 | €0.13 | €0.03 | x |
| 2024-12-31 | €0.13 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zanaga Iron Ore Company Limited 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): -2.68%
- 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: 1.01x
- Recent ROE (-2.68%) is above the historical average (-27.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -2.91% | 0.00% | 0.00x | 1.00x | €-29.97 Million |
| 2014 | -264.51% | 0.00% | 0.00x | 1.01x | €-171.04 Million |
| 2015 | -38.51% | 0.00% | 0.00x | 1.00x | €-22.18 Million |
| 2016 | -6.94% | 0.00% | 0.00x | 1.00x | €-7.23 Million |
| 2017 | -3.37% | 0.00% | 0.00x | 1.00x | €-5.52 Million |
| 2018 | -4.71% | 0.00% | 0.00x | 1.00x | €-5.80 Million |
| 2019 | -4.94% | 0.00% | 0.00x | 1.00x | €-5.69 Million |
| 2020 | -4.85% | 0.00% | 0.00x | 1.00x | €-5.58 Million |
| 2021 | -5.03% | 0.00% | 0.00x | 1.00x | €-5.67 Million |
| 2022 | 9.50% | 0.00% | 0.00x | 1.01x | €-422.20K |
| 2023 | -3.17% | 0.00% | 0.00x | 1.03x | €-11.30 Million |
| 2024 | -2.68% | 0.00% | 0.00x | 1.01x | €-10.85 Million |
Industry Comparison
This section compares Zanaga Iron Ore Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $32,767,647,550
- Average return on equity (ROE) among peers: -2.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zanaga Iron Ore Company Limited (6ZA) | €90.03 Million | -2.91% | 0.00x | $32.11 Million |
| Tiangong International Company Limited (34T1) | $7.38 Billion | 5.01% | 0.84x | $1.09 Billion |
| Aperam SA (7AA) | $2.20 Billion | 7.94% | 0.80x | $2.84 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.45 Billion | 5.88% | 0.80x | $2.60 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.21 Billion | 25.82% | 1.70x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $11.98 Billion | 28.08% | 1.59x | $35.56 Billion |
| BCI Minerals Limited (BC3) | $76.67 Million | -104.28% | 0.43x | $658.02 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $19.85 Billion | -7.53% | 0.88x | $74.87 Million |
| Da Ming International Holdings Limited (DM7) | $3.32 Billion | 10.49% | 2.25x | $96.25 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $244.42 Billion | 5.52% | 0.74x | $3.02 Billion |
About Zanaga Iron Ore Company Limited
Zanaga Iron Ore Company Limited, an investment holding company, engages in the exploration and development of iron ore project. Its flagship asset is the 100% owned Zanaga Iron Ore Project located in the south-west of the Republic of Congo. The company was formerly known as Jumelles Holdings Limited and changed its name to Zanaga Iron Ore Company Limited in October 2010. Zanaga Iron Ore Company L… Read more