ANDRADA MINING LTD. (9IA) - Net Assets
Based on the latest financial reports, ANDRADA MINING LTD. (9IA) has net assets worth €25.51 Million EUR (≈ $29.82 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€69.06 Million ≈ $80.74 Million USD) and total liabilities (€43.56 Million ≈ $50.92 Million 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 how tangible is ANDRADA MINING LTD.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €25.51 Million |
| % of Total Assets | 36.93% |
| Annual Growth Rate | -4.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.53 |
ANDRADA MINING LTD. - Net Assets Trend (2022–2025)
This chart illustrates how ANDRADA MINING LTD.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of ANDRADA MINING LTD. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ANDRADA MINING LTD. (2022–2025)
The table below shows the annual net assets of ANDRADA MINING LTD. from 2022 to 2025. For live valuation and market cap data, see 9IA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | €23.71 Million ≈ $27.72 Million |
-26.03% |
| 2024-02-29 | €32.05 Million ≈ $37.48 Million |
-10.13% |
| 2023-02-28 | €35.67 Million ≈ $41.70 Million |
+29.89% |
| 2022-02-28 | €27.46 Million ≈ $32.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ANDRADA MINING LTD.'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 2901335200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €63.46 Million | 267.66% |
| Total Equity | €23.71 Million | 100.00% |
ANDRADA MINING LTD. Competitors by Market Cap
The table below lists competitors of ANDRADA MINING LTD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$94.57 Million |
|
Mitake Information
TWO:8284
|
$94.61 Million |
|
Rich Honour International Designs Co Ltd
TW:6754
|
$94.61 Million |
|
LET co. Ltd
KQ:297890
|
$94.62 Million |
|
AAC Clyde Space AB (publ)
ST:AAC
|
$94.54 Million |
|
S&D Co. Ltd.
KQ:260970
|
$94.49 Million |
|
MetaTech AP
TWO:3224
|
$94.40 Million |
|
Precot Limited
NSE:PRECOT
|
$94.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANDRADA MINING LTD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,609,355 to 23,710,096, a change of -8,899,259 (-27.3%).
- Net loss of 9,771,306 reduced equity.
- Other factors increased equity by 872,047.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.77 Million | -41.21% |
| Other Changes | €872.05K | +3.68% |
| Total Change | €- | -27.29% |
Book Value vs Market Value Analysis
This analysis compares ANDRADA MINING LTD.'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: 2.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.65x to 2.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-02-28 | €0.02 | €0.04 | x |
| 2023-02-28 | €0.02 | €0.04 | x |
| 2024-02-29 | €0.02 | €0.04 | x |
| 2025-02-28 | €0.01 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANDRADA MINING LTD. 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): -41.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.05%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.93x
- Recent ROE (-41.21%) is below the historical average (-22.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -2.99% | -5.99% | 0.37x | 1.36x | €-3.54 Million |
| 2023 | -21.65% | -78.90% | 0.21x | 1.33x | €-11.34 Million |
| 2024 | -25.88% | -46.96% | 0.27x | 2.03x | €-11.70 Million |
| 2025 | -41.21% | -41.05% | 0.34x | 2.93x | €-12.14 Million |
Industry Comparison
This section compares ANDRADA MINING LTD.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,102,391
- Average return on equity (ROE) among peers: -52.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ANDRADA MINING LTD. (9IA) | €25.51 Million | -2.99% | 1.71x | $94.55 Million |
| Scandium International Mining Corp (0E6) | $1.33 Million | -158.28% | 0.03x | $31.49 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $3.19 Million |
| Asiamet Resources Ltd (0FK) | $7.46 Million | -78.84% | 0.24x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.25 Million | -20.09% | 0.38x | $317.36K |
| Benz Mining Corp (1VU) | $22.89 Million | -32.78% | 0.12x | $405.93 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $782.75K | -129.26% | 0.24x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.22 Million | -19.90% | 0.46x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.24 Million |
About ANDRADA MINING LTD.
Andrada Mining Limited engages in the exploration, development, and production of mineral resources in Namibia. The company explores for lithium, tin, tantalum, rubidium, tungsten, copper, petalite, and spodumene deposits. Its flagship asset is the Uis Tin Mine that covers an area of approximately 19,700 hectares located in the Erongo region, Namibia. The company was formerly known as AfriTin Min… Read more