Hulamin

JSE:HLM South Africa Metal Fabrication
Market Cap
$34.43 Million
ZAC64.78 Billion ZAC
Market Cap Rank
#37998 Global
#148 in South Africa
Share Price
ZAC210.00
Change (1 day)
+0.96%
52-Week Range
ZAC193.00 - ZAC295.00
All Time High
ZAC688.35
Categories
Companies in South Africa Metal Fabrication
About

Hulamin Limited engages in the manufacture and distribution of rolled and extruded aluminum products in South Africa, North America, Europe, Asia, the Middle East, Australasia, South America, and rest of Africa. The company operates through two segments, Hulamin Rolled Products and Hulamin Extrusions. The Hulamin Rolled Products segment offers aluminum sheets, plates, and foil products. This segm… Read more

Hulamin (HLM) - Net Assets

Latest net assets as of June 2025: ZAC3.79 Billion ZAC

Based on the latest financial reports, Hulamin (HLM) has net assets worth ZAC3.79 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 (ZAC7.44 Billion) and total liabilities (ZAC3.66 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 ZAC3.79 Billion
% of Total Assets 50.86%
Annual Growth Rate 1.4%
5-Year Change 59.92%
10-Year Change -1.74%
Growth Volatility 15.42

Hulamin - Net Assets Trend (2006–2024)

This chart illustrates how Hulamin's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hulamin (2006–2024)

The table below shows the annual net assets of Hulamin from 2006 to 2024.

Year Net Assets Change
2024-12-31 ZAC3.79 Billion +7.04%
2023-12-31 ZAC3.54 Billion +9.45%
2022-12-31 ZAC3.23 Billion +10.61%
2021-12-31 ZAC2.92 Billion +23.41%
2020-12-31 ZAC2.37 Billion -7.85%
2019-12-31 ZAC2.57 Billion -32.41%
2018-12-31 ZAC3.80 Billion -18.20%
2017-12-31 ZAC4.65 Billion +6.95%
2016-12-31 ZAC4.35 Billion +12.77%
2015-12-31 ZAC3.85 Billion +0.54%
2014-12-31 ZAC3.83 Billion +12.67%
2013-12-31 ZAC3.40 Billion -28.76%
2012-12-31 ZAC4.78 Billion +2.29%
2011-12-31 ZAC4.67 Billion +1.30%
2010-12-31 ZAC4.61 Billion +23.11%
2009-12-31 ZAC3.74 Billion -0.42%
2008-12-31 ZAC3.76 Billion +6.54%
2007-12-31 ZAC3.53 Billion +19.61%
2006-12-31 ZAC2.95 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hulamin'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 16.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ZAC1.92 Billion 50.70%
Common Stock ZAC1.82 Billion 47.99%
Other Comprehensive Income ZAC85.38 Million 2.25%
Total Equity ZAC3.79 Billion 100.00%

Hulamin Competitors by Market Cap

The table below lists competitors of Hulamin ranked by their market capitalization.

Company Market Cap
Energy Management International Inc
PINK:ENMI
 		$383.13K
COGECO CABLE
BE:COG
 		$383.62K
Aqua Power Systems Inc
PINK:APSI
 		$383.65K
MROCL
OTCGREY:MROCL
 		$383.71K
Kinden Corporation
F:109
 		$382.35K
NISOURCE - Dusseldorf Stock Exchang
DU:NOU
 		$382.15K
White River Bancshares Co
OTCQX:WRIV
 		$381.90K
CRYOLIFE
BE:CYL
 		$381.48K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hulamin's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,538,574,000 to 3,787,515,000, a change of 248,941,000 (7.0%).
  • Net income of 246,344,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 5,863,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ZAC246.34 Million +6.5%
Other Comprehensive Income ZAC-5.86 Million -0.15%
Other Changes ZAC8.46 Million +0.22%
Total Change ZAC- 7.04%

Book Value vs Market Value Analysis

This analysis compares Hulamin'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: 18.60x
  • 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 16.84x to 18.60x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 ZAC12.47 ZAC210.00 x
2007-12-31 ZAC14.14 ZAC210.00 x
2008-12-31 ZAC15.25 ZAC210.00 x
2009-12-31 ZAC15.14 ZAC210.00 x
2010-12-31 ZAC16.19 ZAC210.00 x
2011-12-31 ZAC14.56 ZAC210.00 x
2012-12-31 ZAC14.70 ZAC210.00 x
2013-12-31 ZAC10.67 ZAC210.00 x
2014-12-31 ZAC11.75 ZAC210.00 x
2015-12-31 ZAC11.77 ZAC210.00 x
2016-12-31 ZAC13.21 ZAC210.00 x
2017-12-31 ZAC14.04 ZAC210.00 x
2018-12-31 ZAC11.90 ZAC210.00 x
2019-12-31 ZAC8.10 ZAC210.00 x
2020-12-31 ZAC7.68 ZAC210.00 x
2021-12-31 ZAC8.92 ZAC210.00 x
2022-12-31 ZAC9.85 ZAC210.00 x
2023-12-31 ZAC10.78 ZAC210.00 x
2024-12-31 ZAC11.29 ZAC210.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hulamin 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): 6.50%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.81%
  • • Asset Turnover: 1.87x
  • • Equity Multiplier: 1.93x
  • Recent ROE (6.50%) is above the historical average (-1.11%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 7.26% 3.86% 0.89x 2.11x ZAC-79.85 Million
2007 1.07% 0.57% 1.04x 1.81x ZAC-311.95 Million
2008 7.15% 3.78% 0.93x 2.04x ZAC-107.23 Million
2009 2.39% 1.99% 0.65x 1.85x ZAC-284.79 Million
2010 1.59% 1.26% 0.79x 1.60x ZAC-387.71 Million
2011 1.71% 1.15% 0.93x 1.61x ZAC-387.29 Million
2012 0.61% 0.45% 0.87x 1.57x ZAC-448.42 Million
2013 -39.52% -17.79% 1.32x 1.68x ZAC-1.69 Billion
2014 10.04% 4.79% 1.28x 1.64x ZAC1.55 Million
2015 4.25% 1.95% 1.26x 1.73x ZAC-221.74 Million
2016 8.86% 3.81% 1.45x 1.60x ZAC-49.74 Million
2017 7.15% 3.22% 1.43x 1.56x ZAC-132.64 Million
2018 -20.34% -6.71% 1.77x 1.71x ZAC-1.15 Billion
2019 -46.86% -11.25% 2.51x 1.66x ZAC-1.46 Billion
2020 -10.11% -2.80% 1.88x 1.92x ZAC-476.35 Million
2021 20.23% 4.54% 2.21x 2.01x ZAC298.97 Million
2022 9.27% 1.88% 2.52x 1.96x ZAC-23.60 Million
2023 7.68% 1.97% 2.21x 1.77x ZAC-82.06 Million
2024 6.50% 1.81% 1.87x 1.93x ZAC-132.41 Million

Industry Comparison

This section compares Hulamin's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $149,789,000
  • Average return on equity (ROE) among peers: 19.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hulamin (HLM) ZAC3.79 Billion 7.26% 0.97x $383.04K
Insimbi Refractory Alloy Supply (ISB) $149.79 Million 19.62% 1.85x $129.57K