AFRICAN PIONEER PLC O.N. (9TI) - Net Assets
Based on the latest financial reports, AFRICAN PIONEER PLC O.N. (9TI) has net assets worth €4.64 Million EUR (≈ $5.43 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 (€5.46 Million ≈ $6.38 Million USD) and total liabilities (€816.83K ≈ $954.96K 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 9TI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.64 Million |
| % of Total Assets | 85.03% |
| Annual Growth Rate | -7.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.17 |
AFRICAN PIONEER PLC O.N. - Net Assets Trend (2021–2024)
This chart illustrates how AFRICAN PIONEER PLC O.N.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of AFRICAN PIONEER PLC O.N. for the complete picture of this company's asset base.
Annual Net Assets for AFRICAN PIONEER PLC O.N. (2021–2024)
The table below shows the annual net assets of AFRICAN PIONEER PLC O.N. from 2021 to 2024. For live valuation and market cap data, see AFRICAN PIONEER PLC O.N. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.64 Million ≈ $5.43 Million |
-10.99% |
| 2023-12-31 | €5.21 Million ≈ $6.10 Million |
-0.47% |
| 2022-12-31 | €5.24 Million ≈ $6.12 Million |
-11.83% |
| 2021-12-31 | €5.94 Million ≈ $6.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AFRICAN PIONEER PLC O.N.'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 201105700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.24 Million | 157.92% |
| Total Equity | €3.95 Million | 100.00% |
AFRICAN PIONEER PLC O.N. Competitors by Market Cap
The table below lists competitors of AFRICAN PIONEER PLC O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG
|
$3.68 Million |
|
Searchlight Resources Inc
V:SCLT
|
$3.68 Million |
|
Indosterling Technomedia Tbk
JK:TECH
|
$3.68 Million |
|
Desert Metals Ltd
AU:DM1
|
$3.68 Million |
|
Aberdeen New India Investment Trust PLC
LSE:ANII
|
$3.67 Million |
|
Abits Group Inc.
NASDAQ:ABTS
|
$3.67 Million |
|
Triboron International AB (publ)
ST:TRIBO-B
|
$3.67 Million |
|
The Scottish Oriental Smaller Companies Trust plc
LSE:SST
|
$3.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AFRICAN PIONEER PLC O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,526,833 to 3,953,614, a change of -573,219 (-12.7%).
- Net loss of 650,973 reduced equity.
- New share issuances of 21,940 increased equity.
- Other factors increased equity by 55,814.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-650.97K | -16.47% |
| Share Issuances | €21.94K | +0.55% |
| Other Changes | €55.81K | +1.41% |
| Total Change | €- | -12.66% |
Book Value vs Market Value Analysis
This analysis compares AFRICAN PIONEER PLC O.N.'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: 0.35x
- 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.
- The price-to-book ratio has increased from 0.22x to 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.03 | €0.01 | x |
| 2022-12-31 | €0.02 | €0.01 | x |
| 2023-12-31 | €0.02 | €0.01 | x |
| 2024-12-31 | €0.02 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AFRICAN PIONEER PLC O.N. 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): -16.47%
- 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: 1.38x
- Recent ROE (-16.47%) is below the historical average (-10.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 5.20% | 0.00% | 0.00x | 1.17x | €-251.99K |
| 2022 | -14.74% | 0.00% | 0.00x | 1.23x | €-1.13 Million |
| 2023 | -15.23% | 0.00% | 0.00x | 1.24x | €-1.14 Million |
| 2024 | -16.47% | 0.00% | 0.00x | 1.38x | €-1.05 Million |
Industry Comparison
This section compares AFRICAN PIONEER PLC O.N.'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: $13,665,172
- Average return on equity (ROE) among peers: -60.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AFRICAN PIONEER PLC O.N. (9TI) | €4.64 Million | 5.20% | 0.18x | $3.67 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $581.83K |
| Benz Mining Corp (1VU) | $3.51 Million | -359.60% | 0.72x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-93.86K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.74 Million |
| CDN Maverick Capital Corp. (338B) | $4.61 Million | -41.96% | 0.12x | $2.29 Million |
| Adriatic Metals Plc (3FN) | $113.54 Million | -8.98% | 0.16x | $1.23 Billion |
About AFRICAN PIONEER PLC O.N.
African Pioneer PLC, together with its subsidiaries, engages in the exploration and development base metals projects in Zambia, Namibia, and Botswana. It primarily explores for base and precious metals, including copper, nickel, lead, zinc, silver, and gold deposits. African Pioneer PLC was incorporated in 2012 and is based in Douglas, Isle of Man.