Brimstone Investment Corporation Limited (BRN) - Net Assets
Based on the latest financial reports, Brimstone Investment Corporation Limited (BRN) has net assets worth ZAC3.10 Billion ZAC (≈ $1.65 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 (ZAC4.50 Billion ≈ $2.39 Million USD) and total liabilities (ZAC1.39 Billion ≈ $740.73K 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 how resilient are Brimstone Investment Corporation Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC3.10 Billion |
| % of Total Assets | 69.0% |
| Annual Growth Rate | 13.0% |
| 5-Year Change | -29.35% |
| 10-Year Change | 19.85% |
| Growth Volatility | 59.12 |
Brimstone Investment Corporation Limited - Net Assets Trend (2002–2025)
This chart illustrates how Brimstone Investment Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Brimstone Investment Corporation Limited for the complete picture of this company's asset base.
Annual Net Assets for Brimstone Investment Corporation Limited (2002–2025)
The table below shows the annual net assets of Brimstone Investment Corporation Limited from 2002 to 2025. For live valuation and market cap data, see market cap of Brimstone Investment Corporation Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ZAC3.10 Billion ≈ $1.65 Million |
-5.75% |
| 2024-12-31 | ZAC3.29 Billion ≈ $1.75 Million |
-35.52% |
| 2023-12-31 | ZAC5.10 Billion ≈ $2.71 Million |
+6.27% |
| 2022-12-31 | ZAC4.80 Billion ≈ $2.55 Million |
+9.40% |
| 2021-12-31 | ZAC4.39 Billion ≈ $2.33 Million |
+16.85% |
| 2020-12-31 | ZAC3.76 Billion ≈ $2.00 Million |
+2.20% |
| 2019-12-31 | ZAC3.68 Billion ≈ $1.95 Million |
-4.93% |
| 2018-12-31 | ZAC3.87 Billion ≈ $2.06 Million |
+8.58% |
| 2017-12-31 | ZAC3.56 Billion ≈ $1.89 Million |
+37.62% |
| 2016-12-31 | ZAC2.59 Billion ≈ $1.38 Million |
-1.48% |
| 2015-12-31 | ZAC2.63 Billion ≈ $1.40 Million |
-23.51% |
| 2014-12-31 | ZAC3.43 Billion ≈ $1.83 Million |
+1.85% |
| 2013-12-31 | ZAC3.37 Billion ≈ $1.79 Million |
+15.09% |
| 2012-12-31 | ZAC2.93 Billion ≈ $1.56 Million |
+38.62% |
| 2011-12-31 | ZAC2.11 Billion ≈ $1.12 Million |
+26.33% |
| 2010-12-31 | ZAC1.67 Billion ≈ $889.18K |
-34.86% |
| 2009-12-31 | ZAC2.57 Billion ≈ $1.37 Million |
+16.84% |
| 2008-12-31 | ZAC2.20 Billion ≈ $1.17 Million |
-7.52% |
| 2007-12-31 | ZAC2.38 Billion ≈ $1.26 Million |
+51.33% |
| 2006-12-31 | ZAC1.57 Billion ≈ $834.74K |
+216.97% |
| 2005-12-31 | ZAC495.53 Million ≈ $263.35K |
+185.09% |
| 2004-12-31 | ZAC173.82 Million ≈ $92.37K |
+3.16% |
| 2003-12-31 | ZAC168.49 Million ≈ $89.54K |
-9.58% |
| 2002-12-31 | ZAC186.35 Million ≈ $99.04K |
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Equity Component Analysis
This analysis shows how different components contribute to Brimstone Investment Corporation Limited'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 250387400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.50 Billion | 82.21% |
| Common Stock | ZAC39.00K | 0.00% |
| Other Comprehensive Income | ZAC527.70 Million | 17.33% |
| Other Components | ZAC14.10 Million | 0.46% |
| Total Equity | ZAC3.05 Billion | 100.00% |
Brimstone Investment Corporation Limited Competitors by Market Cap
The table below lists competitors of Brimstone Investment Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexMetals Mining Corp. Common Shares
NASDAQ:NEXM
|
$56.43 Million |
|
Concejo AB (publ)
ST:CNCJO-B
|
$56.43 Million |
|
Datalex
IR:DLE
|
$56.45 Million |
|
Kronox Lab Sciences Ltd
NSE:KRONOX
|
$56.45 Million |
|
Awanbiru Technology Bhd
KLSE:5204
|
$56.41 Million |
|
K Auction Inc.
KQ:102370
|
$56.40 Million |
|
Huvitz Co. Ltd
KQ:065510
|
$56.39 Million |
|
Hyundai HT CoLtd
KQ:039010
|
$56.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brimstone Investment Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,238,357,000 to 3,045,710,000, a change of -192,647,000 (-5.9%).
- Net income of 44,025,000 contributed positively to equity growth.
- Dividend payments of 111,338,000 reduced retained earnings.
- Share repurchases of 7,174,000 reduced equity.
- Other comprehensive income increased equity by 17,404,001.
- Other factors decreased equity by 135,564,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC44.02 Million | +1.45% |
| Dividends Paid | ZAC111.34 Million | -3.66% |
| Share Repurchases | ZAC7.17 Million | -0.24% |
| Other Comprehensive Income | ZAC17.40 Million | +0.57% |
| Other Changes | ZAC-135.56 Million | -4.45% |
| Total Change | ZAC- | -5.95% |
Book Value vs Market Value Analysis
This analysis compares Brimstone Investment Corporation Limited'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: 41.11x
- 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 584.09x to 41.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ZAC0.89 | ZAC520.00 | x |
| 2003-12-31 | ZAC1.13 | ZAC520.00 | x |
| 2004-12-31 | ZAC1.35 | ZAC520.00 | x |
| 2005-12-31 | ZAC2.65 | ZAC520.00 | x |
| 2006-12-31 | ZAC6.13 | ZAC520.00 | x |
| 2007-12-31 | ZAC9.20 | ZAC520.00 | x |
| 2008-12-31 | ZAC8.52 | ZAC520.00 | x |
| 2009-12-31 | ZAC9.60 | ZAC520.00 | x |
| 2010-12-31 | ZAC5.24 | ZAC520.00 | x |
| 2011-12-31 | ZAC6.56 | ZAC520.00 | x |
| 2012-12-31 | ZAC9.20 | ZAC520.00 | x |
| 2013-12-31 | ZAC10.57 | ZAC520.00 | x |
| 2014-12-31 | ZAC10.84 | ZAC520.00 | x |
| 2015-12-31 | ZAC9.64 | ZAC520.00 | x |
| 2016-12-31 | ZAC9.13 | ZAC520.00 | x |
| 2017-12-31 | ZAC10.54 | ZAC520.00 | x |
| 2018-12-31 | ZAC10.48 | ZAC520.00 | x |
| 2019-12-31 | ZAC9.81 | ZAC520.00 | x |
| 2020-12-31 | ZAC9.85 | ZAC520.00 | x |
| 2021-12-31 | ZAC11.65 | ZAC520.00 | x |
| 2022-12-31 | ZAC13.25 | ZAC520.00 | x |
| 2023-12-31 | ZAC14.32 | ZAC520.00 | x |
| 2024-12-31 | ZAC13.34 | ZAC520.00 | x |
| 2025-12-31 | ZAC12.65 | ZAC520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brimstone Investment Corporation Limited 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): 1.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.64%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.48x
- Recent ROE (1.45%) is below the historical average (12.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 15.31% | 12.62% | 0.84x | 1.44x | ZAC9.90 Million |
| 2003 | 18.14% | 14.77% | 0.57x | 2.16x | ZAC13.72 Million |
| 2004 | 9.11% | 8.44% | 0.49x | 2.19x | ZAC-1.54 Million |
| 2005 | 31.10% | 81.58% | 0.21x | 1.78x | ZAC104.46 Million |
| 2006 | 70.05% | 291.44% | 0.14x | 1.76x | ZAC944.28 Million |
| 2007 | 35.62% | 135.53% | 0.16x | 1.66x | ZAC607.96 Million |
| 2008 | -4.86% | -19.17% | 0.15x | 1.72x | ZAC-325.56 Million |
| 2009 | 13.49% | 38.46% | 0.15x | 2.27x | ZAC86.11 Million |
| 2010 | 26.19% | 27.22% | 0.42x | 2.30x | ZAC254.22 Million |
| 2011 | 23.45% | 25.10% | 0.41x | 2.30x | ZAC268.93 Million |
| 2012 | 30.18% | 43.64% | 0.34x | 2.03x | ZAC567.91 Million |
| 2013 | 14.33% | 22.24% | 0.31x | 2.10x | ZAC140.35 Million |
| 2014 | 7.79% | 11.66% | 0.28x | 2.39x | ZAC-73.45 Million |
| 2015 | -27.62% | -31.65% | 0.29x | 3.02x | ZAC-952.01 Million |
| 2016 | 7.03% | 6.35% | 0.35x | 3.16x | ZAC-71.97 Million |
| 2017 | 1.65% | 1.65% | 0.30x | 3.30x | ZAC-232.24 Million |
| 2018 | -2.89% | -2.32% | 0.31x | 4.02x | ZAC-349.85 Million |
| 2019 | 2.99% | 1.70% | 0.39x | 4.48x | ZAC-176.29 Million |
| 2020 | -7.41% | -3.90% | 0.46x | 4.15x | ZAC-433.67 Million |
| 2021 | 25.03% | 14.48% | 0.48x | 3.59x | ZAC439.46 Million |
| 2022 | 5.71% | 3.06% | 0.53x | 3.51x | ZAC-142.42 Million |
| 2023 | 8.14% | 4.46% | 0.53x | 3.43x | ZAC-66.50 Million |
| 2024 | -6.19% | -9.00% | 0.42x | 1.63x | ZAC-524.24 Million |
| 2025 | 1.45% | 10.64% | 0.09x | 1.48x | ZAC-260.55 Million |
Industry Comparison
This section compares Brimstone Investment Corporation Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,552,690,020
- Average return on equity (ROE) among peers: 12.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brimstone Investment Corporation Limited (BRN) | ZAC3.10 Billion | 15.31% | 0.45x | $56.41 Million |
| AH-Vest Limited (AHL) | $19.56 Million | 6.73% | 3.52x | $2.82 Million |
| Avi Ltd (AVI) | $2.33 Billion | 13.83% | 0.89x | $1.76 Billion |
| Brimstone Investment Corporation Ltd (BRT) | $3.87 Billion | -2.03% | 1.82x | $10.49 Million |
| Libstar Holdings Ltd (LBR) | $4.09 Billion | 4.91% | 1.09x | $145.61 Million |
| Oceana (OCE) | $4.72 Billion | 18.17% | 1.27x | $364.58 Million |
| RCL Foods Ltd (RCL) | $1.92 Billion | 24.69% | 0.61x | $430.33 Million |
| RFG Holdings Ltd (RFG) | $2.24 Billion | 10.49% | 0.84x | $345.79 Million |
| Tiger Brands Ltd (TBS) | $17.24 Billion | 22.14% | 0.56x | $2.39 Billion |
About Brimstone Investment Corporation Limited
Brimstone Investment Corporation Limited, an investment holding company, engages in the food, healthcare, financial services and property, and enterprise development businesses in South Africa, Australia, Europe, and internationally. It operates through two segments, Food and Investments. The company offers reinsurance and retrocession intermediary services; healthcare solutions to private and pu… Read more