BRAZIL RES
GoldMining Inc., a mineral exploration company, engages in the acquisition, exploration, and development of gold and copper assets in the Americas. The company operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. Its principal projects are La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia… Read more
BRAZIL RES (BSR) - Net Assets
Latest net assets as of August 2025: €178.15 Million EUR
Based on the latest financial reports, BRAZIL RES (BSR) has net assets worth €178.15 Million EUR as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€182.62 Million) and total liabilities (€4.47 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 | €178.15 Million |
| % of Total Assets | 97.55% |
| Annual Growth Rate | -13.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.63 |
BRAZIL RES - Net Assets Trend (2021–2024)
This chart illustrates how BRAZIL RES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BRAZIL RES (2021–2024)
The table below shows the annual net assets of BRAZIL RES from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | €115.16 Million | -13.03% |
| 2023-11-30 | €132.41 Million | -1.98% |
| 2022-11-30 | €135.09 Million | -23.11% |
| 2021-11-30 | €175.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BRAZIL RES'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 110.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €118.19 Million | 103.90% |
| Total Equity | €113.76 Million | 100.00% |
BRAZIL RES Competitors by Market Cap
The table below lists competitors of BRAZIL RES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HEBA Fastighets AB (publ)
ST:HEBA-B
|
$243.20 Million |
|
Renxin New Material Co. Ltd. A
SHE:301395
|
$243.27 Million |
|
Jiangsu Jibeier Pharmaceutical Co Ltd
SHG:688566
|
$243.27 Million |
|
DREAM UNLIMITED A SV
F:50DA
|
$243.29 Million |
|
Jiangxi JDL Environmental Protection Co. Ltd. A
SHG:688057
|
$243.14 Million |
|
Gansu Longshenrongfa Pharmaceutical Industry Co Ltd
SHE:300534
|
$243.05 Million |
|
Favite Inc
TW:3535
|
$243.05 Million |
|
Changzhou Tiansheng New Materials Co Ltd
SHE:300169
|
$242.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BRAZIL RES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 129,243,000 to 113,759,000, a change of -15,484,000 (-12.0%).
- Net loss of 25,289,000 reduced equity.
- New share issuances of 13,423,000 increased equity.
- Other factors decreased equity by 3,618,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-25.29 Million | -22.23% |
| Share Issuances | €13.42 Million | +11.8% |
| Other Changes | €-3.62 Million | -3.18% |
| Total Change | €- | -11.98% |
Book Value vs Market Value Analysis
This analysis compares BRAZIL RES'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: 2.05x
- 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 1.02x to 2.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-11-30 | €1.17 | €1.20 | x |
| 2022-11-30 | €0.83 | €1.20 | x |
| 2023-11-30 | €0.70 | €1.20 | x |
| 2024-11-30 | €0.58 | €1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BRAZIL RES 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): -22.23%
- 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: 1.06x
- Recent ROE (-22.23%) is below the historical average (0.72%), 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 | 57.12% | 0.00% | 0.00x | 1.14x | €82.78 Million |
| 2022 | -9.77% | 0.00% | 0.00x | 1.09x | €-26.71 Million |
| 2023 | -22.25% | 0.00% | 0.00x | 1.06x | €-41.69 Million |
| 2024 | -22.23% | 0.00% | 0.00x | 1.06x | €-36.66 Million |
Industry Comparison
This section compares BRAZIL RES's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $9,887,335
- Average return on equity (ROE) among peers: -109.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BRAZIL RES (BSR) | €178.15 Million | 57.12% | 0.03x | $243.19 Million |
| Pearl Gold AG (02P) | $12.95 Million | -4.16% | 0.03x | $8.89 Million |
| McLaren Resources Inc (3ML) | $487.64K | -207.86% | 0.10x | $3.94 Million |
| 4LE (4LE) | $1.51 Million | -86.82% | 0.36x | $2.28 Million |
| 5EV0 (5EV0) | $61.58 Million | 4.94% | 0.02x | $97.49 Million |
| ARMISTICE RESOURCES (7AZ) | $18.89 Million | -36.42% | 1.84x | $8.70 Million |
| Bulletin Resources Limited (7BR) | $2.14 Million | -87.64% | 0.10x | $5.43 Million |
| Canadian Gold Corp. (8S8) | $-432.05K | 0.00% | 0.00x | $53.11 Million |
| Earthwise Minerals Corp. (966) | $-816.57K | 0.00% | 0.00x | $604.28K |
| Platinex Inc (9PX) | $2.56 Million | -34.41% | 0.06x | $11.16 Million |
| ARCUS DEVELOPMENT (AJR) | $8.31K | -643.10% | 0.29x | $1.63 Million |