Chrometco Ltd
Chrometco Limited, a mineral exploration company, engages in the exploration and mining of mineral properties. The company primarily focuses on chrome, platinum, copper, cobalt, nickel, and manganese ores, as well as other base metals. It has chrome and platinum prospects and operations in the North West province of South Africa. The company was founded in 2003 and is based in Johannesburg, South… Read more
Chrometco Ltd (CMO) - Net Assets
Latest net assets as of August 2021: ZAC-144.05 Million ZAC
Based on the latest financial reports, Chrometco Ltd (CMO) has net assets worth ZAC-144.05 Million ZAC as of August 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.20 Billion) and total liabilities (ZAC1.35 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 | ZAC-144.05 Million |
| % of Total Assets | -11.97% |
| Annual Growth Rate | 38.3% |
| 5-Year Change | -11.47% |
| 10-Year Change | 6.9% |
| Growth Volatility | 101.98 |
Chrometco Ltd - Net Assets Trend (2005–2021)
This chart illustrates how Chrometco 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 Chrometco Ltd (2005–2021)
The table below shows the annual net assets of Chrometco Ltd from 2005 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-02-28 | ZAC185.05 Million | -57.73% |
| 2020-02-29 | ZAC437.73 Million | -16.07% |
| 2019-02-28 | ZAC521.53 Million | +1.23% |
| 2018-02-28 | ZAC515.21 Million | +146.49% |
| 2017-02-28 | ZAC209.02 Million | -10.63% |
| 2016-02-29 | ZAC233.87 Million | +45.32% |
| 2015-02-28 | ZAC160.93 Million | -10.07% |
| 2014-02-28 | ZAC178.95 Million | -0.17% |
| 2013-02-28 | ZAC179.26 Million | +3.55% |
| 2012-02-29 | ZAC173.11 Million | +345.95% |
| 2011-02-28 | ZAC38.82 Million | -9.58% |
| 2010-02-28 | ZAC42.93 Million | -11.06% |
| 2009-02-28 | ZAC48.27 Million | +59.79% |
| 2008-02-29 | ZAC30.21 Million | +15015.26% |
| 2007-02-28 | ZAC-202.52K | -119.42% |
| 2006-02-28 | ZAC1.04 Million | +0.97% |
| 2005-02-28 | ZAC1.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chrometco 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 decreased by 22676600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ZAC388.51 Million | 241.66% |
| Total Equity | ZAC160.76 Million | 100.00% |
Chrometco Ltd Competitors by Market Cap
The table below lists competitors of Chrometco Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANGIODYNAMICS
BE:UG2
|
$108.17K |
|
Odyssey Semiconductor Technologies Inc
OTCQB:ODII
|
$108.20K |
|
ZIGUP plc
LSE:ZIG
|
$108.26K |
|
BEUW39
SA:BEUW39
|
$108.26K |
|
Kalium Lakes Ltd
AU:KLL
|
$108.08K |
|
TRIPADVISOR
BE:T6A
|
$108.01K |
|
K-W
NYSE:K-W
|
$107.94K |
|
Panaxia Labs Israel Ltd
TA:HROD
|
$107.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chrometco Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 258,471,000 to 160,765,000, a change of -97,706,000 (-37.8%).
- Net loss of 97,702,000 reduced equity.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-97.70 Million | -60.77% |
| Other Changes | ZAC-4.00K | -0.0% |
| Total Change | ZAC- | -37.80% |
Book Value vs Market Value Analysis
This analysis compares Chrometco 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: 94.89x
- 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 560.47x to 94.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-02-28 | ZAC0.01 | ZAC6.00 | x |
| 2006-02-28 | ZAC0.01 | ZAC6.00 | x |
| 2007-02-28 | ZAC0.00 | ZAC6.00 | x |
| 2008-02-29 | ZAC0.16 | ZAC6.00 | x |
| 2009-02-28 | ZAC0.26 | ZAC6.00 | x |
| 2010-02-28 | ZAC0.23 | ZAC6.00 | x |
| 2011-02-28 | ZAC0.21 | ZAC6.00 | x |
| 2012-02-29 | ZAC0.74 | ZAC6.00 | x |
| 2013-02-28 | ZAC0.75 | ZAC6.00 | x |
| 2014-02-28 | ZAC0.53 | ZAC6.00 | x |
| 2015-02-28 | ZAC0.63 | ZAC6.00 | x |
| 2016-02-29 | ZAC0.76 | ZAC6.00 | x |
| 2017-02-28 | ZAC0.68 | ZAC6.00 | x |
| 2018-02-28 | ZAC0.41 | ZAC6.00 | x |
| 2019-02-28 | ZAC0.13 | ZAC6.00 | x |
| 2020-02-29 | ZAC0.10 | ZAC6.00 | x |
| 2021-02-28 | ZAC0.06 | ZAC6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chrometco 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): -60.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.87%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 9.96x
- Recent ROE (-60.77%) is above the historical average (-65.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -82.91% | -497.97% | 0.05x | 3.11x | ZAC-959.80K |
| 2006 | -951.38% | 0.00% | 0.00x | 2.27x | ZAC-10.03 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | ZAC-4.13 Million |
| 2008 | 30.71% | 71.35% | 0.39x | 1.11x | ZAC6.25 Million |
| 2009 | -4.07% | -3241.74% | 0.00x | 1.03x | ZAC-6.79 Million |
| 2010 | -12.43% | 0.00% | 0.00x | 1.01x | ZAC-9.63 Million |
| 2011 | 13.26% | 0.00% | 0.00x | 1.01x | ZAC1.27 Million |
| 2012 | 71.72% | 15916.94% | 0.00x | 1.63x | ZAC84.73 Million |
| 2013 | -7.84% | -730.06% | 0.01x | 1.60x | ZAC-25.80 Million |
| 2014 | 0.62% | 7.01% | 0.06x | 1.46x | ZAC-13.65 Million |
| 2015 | -13.06% | -2501.37% | 0.00x | 1.52x | ZAC-29.68 Million |
| 2016 | -11.82% | -1754.22% | 0.00x | 1.38x | ZAC-45.38 Million |
| 2017 | -10.78% | 0.00% | 0.00x | 1.48x | ZAC-39.02 Million |
| 2018 | -23.41% | -23.55% | 0.23x | 4.38x | ZAC-113.21 Million |
| 2019 | -30.02% | -6.57% | 0.91x | 5.03x | ZAC-114.51 Million |
| 2020 | -13.10% | -2.97% | 0.63x | 7.00x | ZAC-59.70 Million |
| 2021 | -60.77% | -6.87% | 0.89x | 9.96x | ZAC-113.78 Million |
Industry Comparison
This section compares Chrometco 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: $2,638,639,200
- Average return on equity (ROE) among peers: -8.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chrometco Ltd (CMO) | ZAC-144.05 Million | -82.91% | N/A | $108.09K |
| African Rainbow Minerals Ltd (ARI) | $7.97 Billion | 11.59% | 0.48x | $17.61 Million |
| 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 |