African Rainbow Minerals Ltd
African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, copper, manganese ore, and chrome, as well as gold deposits. African Rainbow Minerals Limited was incorporated in 1933 and is based in Sandton, South Africa.
African Rainbow Minerals Ltd (ARI) - Net Assets
Latest net assets as of June 2025: ZAC60.12 Billion ZAC
Based on the latest financial reports, African Rainbow Minerals Ltd (ARI) has net assets worth ZAC60.12 Billion ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC74.33 Billion) and total liabilities (ZAC14.20 Billion). 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 | ZAC60.12 Billion |
| % of Total Assets | 80.89% |
| Annual Growth Rate | 10.49% |
| 5-Year Change | 37.34% |
| 10-Year Change | 144.58% |
| Growth Volatility | 15.14 |
African Rainbow Minerals Ltd - Net Assets Trend (2001–2025)
This chart illustrates how African Rainbow Minerals 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 African Rainbow Minerals Ltd (2001–2025)
The table below shows the annual net assets of African Rainbow Minerals Ltd from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC60.12 Billion | +3.50% |
| 2024-06-30 | ZAC58.09 Billion | +7.28% |
| 2023-06-30 | ZAC54.14 Billion | +7.51% |
| 2022-06-30 | ZAC50.36 Billion | +15.05% |
| 2021-06-30 | ZAC43.78 Billion | +28.35% |
| 2020-06-30 | ZAC34.11 Billion | +14.83% |
| 2019-06-30 | ZAC29.70 Billion | +8.49% |
| 2018-06-30 | ZAC27.38 Billion | +13.89% |
| 2017-06-30 | ZAC24.04 Billion | -2.20% |
| 2016-06-30 | ZAC24.58 Billion | -8.64% |
| 2015-06-30 | ZAC26.91 Billion | -4.59% |
| 2014-06-30 | ZAC28.20 Billion | +10.75% |
| 2013-06-30 | ZAC25.46 Billion | +4.34% |
| 2012-06-30 | ZAC24.41 Billion | +10.35% |
| 2011-06-30 | ZAC22.11 Billion | +19.35% |
| 2010-06-30 | ZAC18.53 Billion | +14.74% |
| 2009-06-30 | ZAC16.15 Billion | +8.83% |
| 2008-06-30 | ZAC14.84 Billion | +32.28% |
| 2007-06-30 | ZAC11.22 Billion | +7.94% |
| 2006-06-30 | ZAC10.39 Billion | +30.37% |
| 2005-06-30 | ZAC7.97 Billion | +0.23% |
| 2004-06-30 | ZAC7.95 Billion | +60.30% |
| 2003-06-30 | ZAC4.96 Billion | +8.08% |
| 2002-06-30 | ZAC4.59 Billion | -16.39% |
| 2001-06-30 | ZAC5.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to African Rainbow Minerals 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 3933300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC39.33 Billion | 70.41% |
| Common Stock | ZAC10.00 Million | 0.02% |
| Other Comprehensive Income | ZAC13.87 Billion | 24.83% |
| Other Components | ZAC2.65 Billion | 4.74% |
| Total Equity | ZAC55.86 Billion | 100.00% |
African Rainbow Minerals Ltd Competitors by Market Cap
The table below lists competitors of African Rainbow Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chilwa Minerals Ltd
AU:CHW
|
$17.61 Million |
|
ACELRX PHARMACEUT. DL-01
F:R5XA
|
$17.61 Million |
|
Sunshine Oilsands Ltd
PINK:SUNYF
|
$17.61 Million |
|
Ai-Media Technologies Ltd
AU:AIM
|
$17.62 Million |
|
Fulin Plastic Industry Cayman Holding Co Ltd
TW:1341
|
$17.61 Million |
|
N R Agarwal Industries Limited
NSE:NRAIL
|
$17.60 Million |
|
SG Choongbang Co Ltd
KO:001380
|
$17.60 Million |
|
Bluglass Ltd
AU:BLG
|
$17.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in African Rainbow Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,006,000,000 to 55,861,000,000, a change of 1,855,000,000 (3.4%).
- Net income of 330,000,000 contributed positively to equity growth.
- Dividend payments of 2,644,000,000 reduced retained earnings.
- Share repurchases of 560,000,000 reduced equity.
- Other comprehensive income increased equity by 4,384,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC330.00 Million | +0.59% |
| Dividends Paid | ZAC2.64 Billion | -4.73% |
| Share Repurchases | ZAC560.00 Million | -1.0% |
| Other Comprehensive Income | ZAC4.38 Billion | +7.85% |
| Other Changes | ZAC345.00 Million | +0.62% |
| Total Change | ZAC- | 3.43% |
Book Value vs Market Value Analysis
This analysis compares African Rainbow Minerals 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: 77.26x
- 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 decreased from 449.03x to 77.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | ZAC48.99 | ZAC22000.00 | x |
| 2002-06-30 | ZAC40.86 | ZAC22000.00 | x |
| 2003-06-30 | ZAC22.23 | ZAC22000.00 | x |
| 2004-06-30 | ZAC51.43 | ZAC22000.00 | x |
| 2005-06-30 | ZAC31.79 | ZAC22000.00 | x |
| 2006-06-30 | ZAC49.57 | ZAC22000.00 | x |
| 2007-06-30 | ZAC51.43 | ZAC22000.00 | x |
| 2008-06-30 | ZAC72.95 | ZAC22000.00 | x |
| 2009-06-30 | ZAC78.01 | ZAC22000.00 | x |
| 2010-06-30 | ZAC82.72 | ZAC22000.00 | x |
| 2011-06-30 | ZAC98.92 | ZAC22000.00 | x |
| 2012-06-30 | ZAC107.85 | ZAC22000.00 | x |
| 2013-06-30 | ZAC110.97 | ZAC22000.00 | x |
| 2014-06-30 | ZAC122.54 | ZAC22000.00 | x |
| 2015-06-30 | ZAC116.94 | ZAC22000.00 | x |
| 2016-06-30 | ZAC110.36 | ZAC22000.00 | x |
| 2017-06-30 | ZAC120.43 | ZAC22000.00 | x |
| 2018-06-30 | ZAC132.03 | ZAC22000.00 | x |
| 2019-06-30 | ZAC143.89 | ZAC22000.00 | x |
| 2020-06-30 | ZAC162.70 | ZAC22000.00 | x |
| 2021-06-30 | ZAC203.71 | ZAC22000.00 | x |
| 2022-06-30 | ZAC235.46 | ZAC22000.00 | x |
| 2023-06-30 | ZAC250.46 | ZAC22000.00 | x |
| 2024-06-30 | ZAC275.26 | ZAC22000.00 | x |
| 2025-06-30 | ZAC284.75 | ZAC22000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently African Rainbow Minerals 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): 0.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.83%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.33x
- Recent ROE (0.59%) is below the historical average (10.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 5.12% | 10.01% | 0.31x | 1.66x | ZAC-268.10 Million |
| 2002 | -18.86% | -21.40% | 0.46x | 1.91x | ZAC-1.33 Billion |
| 2003 | -4.42% | -2.27% | 0.68x | 2.85x | ZAC-362.10 Million |
| 2004 | 16.72% | 28.52% | 0.34x | 1.73x | ZAC445.20 Million |
| 2005 | 14.19% | 16.85% | 0.47x | 1.81x | ZAC272.90 Million |
| 2006 | 7.45% | 16.53% | 0.32x | 1.43x | ZAC-261.00 Million |
| 2007 | 12.97% | 22.94% | 0.34x | 1.67x | ZAC323.20 Million |
| 2008 | 30.72% | 35.65% | 0.54x | 1.59x | ZAC3.24 Billion |
| 2009 | 17.12% | 28.41% | 0.40x | 1.52x | ZAC1.19 Billion |
| 2010 | 10.20% | 16.44% | 0.39x | 1.59x | ZAC35.50 Million |
| 2011 | 15.65% | 22.23% | 0.46x | 1.53x | ZAC1.20 Billion |
| 2012 | 14.82% | 19.61% | 0.50x | 1.52x | ZAC1.12 Billion |
| 2013 | 6.79% | 8.23% | 0.52x | 1.58x | ZAC-773.00 Million |
| 2014 | 12.32% | 32.88% | 0.27x | 1.37x | ZAC620.20 Million |
| 2015 | 0.41% | 1.12% | 0.26x | 1.38x | ZAC-2.45 Billion |
| 2016 | -2.37% | -6.46% | 0.25x | 1.47x | ZAC-2.95 Billion |
| 2017 | 5.84% | 16.82% | 0.25x | 1.37x | ZAC-977.70 Million |
| 2018 | 17.61% | 54.66% | 0.24x | 1.32x | ZAC1.97 Billion |
| 2019 | 12.61% | 40.23% | 0.24x | 1.32x | ZAC736.70 Million |
| 2020 | 12.36% | 34.03% | 0.27x | 1.33x | ZAC757.00 Million |
| 2021 | 31.41% | 64.23% | 0.37x | 1.32x | ZAC8.61 Billion |
| 2022 | 26.92% | 73.45% | 0.29x | 1.28x | ZAC7.81 Billion |
| 2023 | 16.41% | 55.09% | 0.23x | 1.30x | ZAC3.16 Billion |
| 2024 | 5.83% | 27.55% | 0.16x | 1.31x | ZAC-2.25 Billion |
| 2025 | 0.59% | 2.83% | 0.16x | 1.33x | ZAC-5.26 Billion |
Industry Comparison
This section compares African Rainbow Minerals 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: $1,078,860,323
- Average return on equity (ROE) among peers: 0.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| African Rainbow Minerals Ltd (ARI) | ZAC60.12 Billion | 5.12% | 0.24x | $17.61 Million |
| Chrometco Ltd (CMO) | $173.11 Million | 56.88% | 0.29x | $108.09K |
| Merafe (MRF) | $2.28 Billion | -44.05% | 0.37x | $1.47 Million |
| Mantengu Mining Ltd. (MTU) | $46.75 Million | 16.36% | 1.52x | $7.02 Million |
| Orion Gold NL (ORN) | $92.94 Million | -5.80% | 0.47x | $2.02 Million |
| Wesizwe (WEZ) | $2.80 Billion | -19.85% | 1.72x | $389.30K |