Afine Investments Ltd
Afine Investments Limited operates as an investment property holding company. It holds a portfolio of immovable properties focused primarily in the petroleum sector located in South Africa. The company was incorporated in 2020 and is based in Strand, South Africa.
Afine Investments Ltd (ANI) - Net Assets
Latest net assets as of February 2025: ZAC334.36 Million ZAC
Based on the latest financial reports, Afine Investments Ltd (ANI) has net assets worth ZAC334.36 Million ZAC as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC444.87 Million) and total liabilities (ZAC110.51 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 | ZAC334.36 Million |
| % of Total Assets | 75.16% |
| Annual Growth Rate | 188.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1999.56 |
Afine Investments Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Afine Investments Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Afine Investments Ltd (2021–2025)
The table below shows the annual net assets of Afine Investments Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC334.36 Million | +13.60% |
| 2024-02-29 | ZAC294.33 Million | +12.06% |
| 2023-02-28 | ZAC262.66 Million | +15.50% |
| 2022-02-28 | ZAC227.40 Million | +4631.51% |
| 2021-02-28 | ZAC4.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Afine Investments 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 grown by 29535323200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC294.16 Million | 87.98% |
| Other Components | ZAC40.20 Million | 12.02% |
| Total Equity | ZAC334.36 Million | 100.00% |
Afine Investments Ltd Competitors by Market Cap
The table below lists competitors of Afine Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WINTEAM PHARMA
BE:WSG
|
$2.29K |
|
Egyptian Chemical Industries (Kima)
EGX:EGCH
|
$2.29K |
|
Camrova Resources Inc
PINK:BAJFF
|
$2.29K |
|
COMA 18 JSC
VN:CIG
|
$2.29K |
|
Vianet Group Plc
LSE:VNET
|
$2.29K |
|
GRUPO FAMSA-A
MU:4FP
|
$2.29K |
|
Kim Ankor Oilfield Overseas Resources Development
KO:152550
|
$2.29K |
|
Europa Oil & Gas Holdings
LSE:EOG
|
$2.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Afine Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 294,326,687 to 334,359,383, a change of 40,032,696 (13.6%).
- Net income of 69,772,696 contributed positively to equity growth.
- Dividend payments of 29,740,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC69.77 Million | +20.87% |
| Dividends Paid | ZAC29.74 Million | -8.89% |
| Total Change | ZAC- | 13.60% |
Book Value vs Market Value Analysis
This analysis compares Afine Investments 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 64.85x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-02-28 | ZAC0.08 | ZAC4.87 | x |
| 2022-02-28 | ZAC3.55 | ZAC4.87 | x |
| 2023-02-28 | ZAC3.62 | ZAC4.87 | x |
| 2024-02-29 | ZAC4.06 | ZAC4.87 | x |
| 2025-02-28 | ZAC4.61 | ZAC4.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Afine Investments 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): 20.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 145.13%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.33x
- Recent ROE (20.87%) is below the historical average (39.73%), 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 | 105.27% | 718.30% | 0.11x | 1.36x | ZAC216.66 Million |
| 2023 | 9.45% | 57.36% | 0.12x | 1.42x | ZAC-1.43 Million |
| 2024 | 23.34% | 153.42% | 0.11x | 1.39x | ZAC39.26 Million |
| 2025 | 20.87% | 145.13% | 0.11x | 1.33x | ZAC36.34 Million |
Industry Comparison
This section compares Afine Investments Ltd's net assets metrics with peer companies in the REIT - Specialty industry.
No peer company data available for comparison.