Hulamin (HLM) - Net Assets

Latest as of June 2025: ZAC3.79 Billion ZAC ≈ $2.01 Million USD

Based on the latest financial reports, Hulamin (HLM) has net assets worth ZAC3.79 Billion ZAC (≈ $2.01 Million USD) 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 ≈ $3.96 Million USD) and total liabilities (ZAC3.66 Billion ≈ $1.94 Million 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 Hulamin's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore HLM asset base for the complete picture of this company's asset base.

Annual Net Assets for Hulamin (2006–2024)

The table below shows the annual net assets of Hulamin from 2006 to 2024. For live valuation and market cap data, see market value of Hulamin.

Year	Net Assets	Change
2024-12-31	ZAC3.79 Billion ≈ $2.01 Million	+7.04%
2023-12-31	ZAC3.54 Billion ≈ $1.88 Million	+9.45%
2022-12-31	ZAC3.23 Billion ≈ $1.72 Million	+10.61%
2021-12-31	ZAC2.92 Billion ≈ $1.55 Million	+23.41%
2020-12-31	ZAC2.37 Billion ≈ $1.26 Million	-7.85%
2019-12-31	ZAC2.57 Billion ≈ $1.37 Million	-32.41%
2018-12-31	ZAC3.80 Billion ≈ $2.02 Million	-18.20%
2017-12-31	ZAC4.65 Billion ≈ $2.47 Million	+6.95%
2016-12-31	ZAC4.35 Billion ≈ $2.31 Million	+12.77%
2015-12-31	ZAC3.85 Billion ≈ $2.05 Million	+0.54%
2014-12-31	ZAC3.83 Billion ≈ $2.04 Million	+12.67%
2013-12-31	ZAC3.40 Billion ≈ $1.81 Million	-28.76%
2012-12-31	ZAC4.78 Billion ≈ $2.54 Million	+2.29%
2011-12-31	ZAC4.67 Billion ≈ $2.48 Million	+1.30%
2010-12-31	ZAC4.61 Billion ≈ $2.45 Million	+23.11%
2009-12-31	ZAC3.74 Billion ≈ $1.99 Million	-0.42%
2008-12-31	ZAC3.76 Billion ≈ $2.00 Million	+6.54%
2007-12-31	ZAC3.53 Billion ≈ $1.88 Million	+19.61%
2006-12-31	ZAC2.95 Billion ≈ $1.57 Million	--

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
Far East Gold Ltd AU:FEG	$31.16 Million
Inalways TWO:5398	$31.17 Million
GLORY HEALTH IND. HD-001 F:84R	$31.18 Million
SWISS PROPERTIES INV.100 F:SR1	$31.19 Million
NXT Energy Solutions Inc TO:SFD	$31.13 Million
Laird Superfood Inc NYSE MKT:LSF	$31.13 Million
Unifin Financiera S. A. B. de C. V MX:UNIFINA	$31.11 Million
Stampede Drilling Inc V:SDI	$31.10 Million

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: 16.83x
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 15.24x to 16.83x 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	ZAC190.00	x
2007-12-31	ZAC14.14	ZAC190.00	x
2008-12-31	ZAC15.25	ZAC190.00	x
2009-12-31	ZAC15.14	ZAC190.00	x
2010-12-31	ZAC16.19	ZAC190.00	x
2011-12-31	ZAC14.56	ZAC190.00	x
2012-12-31	ZAC14.70	ZAC190.00	x
2013-12-31	ZAC10.67	ZAC190.00	x
2014-12-31	ZAC11.75	ZAC190.00	x
2015-12-31	ZAC11.77	ZAC190.00	x
2016-12-31	ZAC13.21	ZAC190.00	x
2017-12-31	ZAC14.04	ZAC190.00	x
2018-12-31	ZAC11.90	ZAC190.00	x
2019-12-31	ZAC8.10	ZAC190.00	x
2020-12-31	ZAC7.68	ZAC190.00	x
2021-12-31	ZAC8.92	ZAC190.00	x
2022-12-31	ZAC9.85	ZAC190.00	x
2023-12-31	ZAC10.78	ZAC190.00	x
2024-12-31	ZAC11.29	ZAC190.00	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	$31.15 Million
Insimbi Refractory Alloy Supply (ISB)	$149.79 Million	19.62%	1.85x	$11.93 Million

About Hulamin

JSE:HLM South Africa Metal Fabrication

Market Cap

$31.15 Million

ZAC58.61 Billion ZAC

Market Cap Rank

#23588 Global

#179 in South Africa

Share Price

ZAC190.00

Change (1 day)

+0.00%

52-Week Range

ZAC175.00 - ZAC295.00

All Time High

ZAC688.35