ROYAL ROAD MIN. (RLU) - Net Assets
Based on the latest financial reports, ROYAL ROAD MIN. (RLU) has net assets worth €8.55 Million EUR (≈ $10.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.86 Million ≈ $10.35 Million USD) and total liabilities (€307.34K ≈ $359.31K 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 ROYAL ROAD MIN. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.55 Million |
| % of Total Assets | 96.53% |
| Annual Growth Rate | -31.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.66 |
ROYAL ROAD MIN. - Net Assets Trend (2021–2025)
This chart illustrates how ROYAL ROAD MIN.'s net assets have evolved over time, based on quarterly financial data. Also explore RLU total assets for the complete picture of this company's asset base.
Annual Net Assets for ROYAL ROAD MIN. (2021–2025)
The table below shows the annual net assets of ROYAL ROAD MIN. from 2021 to 2025. For live valuation and market cap data, see market cap of ROYAL ROAD MIN..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €8.55 Million ≈ $10.00 Million |
-10.11% |
| 2024-12-31 | €9.51 Million ≈ $11.12 Million |
-31.61% |
| 2023-12-31 | €13.91 Million ≈ $16.26 Million |
-48.66% |
| 2022-12-31 | €27.09 Million ≈ $31.67 Million |
-30.03% |
| 2021-12-31 | €38.72 Million ≈ $45.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ROYAL ROAD MIN.'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 3420792800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €53.03 Million | 620.25% |
| Total Equity | €8.55 Million | 100.00% |
ROYAL ROAD MIN. Competitors by Market Cap
The table below lists competitors of ROYAL ROAD MIN. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optomed PLC
HE:OPTOMED
|
$35.05 Million |
|
Seoam Machinery Industry Co.Ltd
KQ:100660
|
$35.05 Million |
|
SK Discovery Co Ltd
KO:006125
|
$35.05 Million |
|
Mnc Sky Vision Tbk
JK:MSKY
|
$35.06 Million |
|
MST GOLF GROUP BERHAD
KLSE:5316
|
$35.04 Million |
|
V-Tac Technology Co Ltd
TWO:6229
|
$35.03 Million |
|
Farm Price Holdings Berhad
KLSE:0304
|
$35.02 Million |
|
City Of London Investment Trust
LSE:CTY
|
$35.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROYAL ROAD MIN.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,511,368 to 8,549,677, a change of -961,691 (-10.1%).
- Net loss of 5,776,340 reduced equity.
- New share issuances of 4,999,054 increased equity.
- Other factors decreased equity by 184,405.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.78 Million | -67.56% |
| Share Issuances | €5.00 Million | +58.47% |
| Other Changes | €-184.41K | -2.16% |
| Total Change | €- | -10.11% |
Book Value vs Market Value Analysis
This analysis compares ROYAL ROAD MIN.'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: 4.12x
- 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 0.82x to 4.12x 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 | €0.15 | €0.12 | x |
| 2022-12-31 | €0.10 | €0.12 | x |
| 2023-12-31 | €0.05 | €0.12 | x |
| 2024-12-31 | €0.04 | €0.12 | x |
| 2025-12-31 | €0.03 | €0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROYAL ROAD MIN. 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): -67.56%
- 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: 1.04x
- Recent ROE (-67.56%) is below the historical average (-46.42%), 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 | 40.83% | 0.00% | 0.00x | 1.02x | €11.94 Million |
| 2022 | -45.52% | 0.00% | 0.00x | 1.04x | €-15.04 Million |
| 2023 | -111.20% | 0.00% | 0.00x | 1.03x | €-16.86 Million |
| 2024 | -48.64% | 0.00% | 0.00x | 1.03x | €-5.58 Million |
| 2025 | -67.56% | 0.00% | 0.00x | 1.04x | €-6.63 Million |
Industry Comparison
This section compares ROYAL ROAD MIN.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $6,451,555,424
- Average return on equity (ROE) among peers: -112.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ROYAL ROAD MIN. (RLU) | €8.55 Million | 40.83% | 0.04x | $35.04 Million |
| Pearl Gold AG (02P) | $0.00 | 0.00% | 0.00x | $9.35 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-1.67 Million | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $64.38 Billion | 7.36% | 1.65x | $3.13 Billion |
| Asante Gold Corporation (1A9) | $34.84 Million | -215.82% | 19.70x | $566.26 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.41 Million | -20.86% | 0.06x | $10.69 Million |
| CLARITY METALS CORP. (27G0) | $263.00K | -857.71% | 2.32x | $1.67 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.59 Million | -3.66% | 0.05x | $16.59 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $43.10K |
About ROYAL ROAD MIN.
Royal Road Minerals Limited engages in the exploration and development of mineral properties in the Kingdom of Saudi Arabia, Morocco, Jersey, and South America. It primarily explores for gold and copper deposits. The company was formerly known as Tigris Resources Limited and changed its name to Royal Road Minerals Limited in April 2015. Royal Road Minerals Limited was incorporated in 2010 and is … Read more