Wesizwe
Wesizwe Platinum Limited, through its subsidiaries, operates as a platinum group metals mining company in South Africa. The company primarily explores for platinum, palladium, rhodium, and gold, as well as nickel, cobalt, and copper deposits. Its flagship project is the Bakubung platinum mine located on the Bushveld Igneous Complex in the North West province of South Africa. Wesizwe Platinum Limi… Read more
Wesizwe (WEZ) - Net Assets
Latest net assets as of December 2024: ZAC4.16 Billion ZAC
Based on the latest financial reports, Wesizwe (WEZ) has net assets worth ZAC4.16 Billion ZAC as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC34.46 Billion) and total liabilities (ZAC30.29 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 | ZAC4.16 Billion |
| % of Total Assets | 12.08% |
| Annual Growth Rate | 31.86% |
| 5-Year Change | 34.98% |
| 10-Year Change | 48.44% |
| Growth Volatility | 166.4 |
Wesizwe - Net Assets Trend (2004–2024)
This chart illustrates how Wesizwe's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wesizwe (2004–2024)
The table below shows the annual net assets of Wesizwe from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC4.16 Billion | +5.84% |
| 2023-12-31 | ZAC3.93 Billion | +16.53% |
| 2022-12-31 | ZAC3.38 Billion | +4.75% |
| 2021-12-31 | ZAC3.22 Billion | +4.47% |
| 2020-12-31 | ZAC3.08 Billion | +1.85% |
| 2019-12-31 | ZAC3.03 Billion | +3.52% |
| 2018-12-31 | ZAC2.93 Billion | -2.92% |
| 2017-12-31 | ZAC3.01 Billion | -3.03% |
| 2016-12-31 | ZAC3.11 Billion | +10.79% |
| 2015-12-31 | ZAC2.80 Billion | -17.12% |
| 2014-12-31 | ZAC3.38 Billion | -6.64% |
| 2013-12-31 | ZAC3.62 Billion | -0.33% |
| 2012-12-31 | ZAC3.64 Billion | +0.31% |
| 2011-12-31 | ZAC3.63 Billion | +72.15% |
| 2010-12-31 | ZAC2.11 Billion | +57.41% |
| 2009-12-31 | ZAC1.34 Billion | -2.32% |
| 2008-12-31 | ZAC1.37 Billion | +14.11% |
| 2007-12-31 | ZAC1.20 Billion | +725.66% |
| 2006-12-31 | ZAC145.36 Million | +122.72% |
| 2005-12-31 | ZAC65.26 Million | +295.88% |
| 2004-12-31 | ZAC16.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wesizwe'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 73870603700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ZAC3.43 Billion | 82.28% |
| Other Comprehensive Income | ZAC34.25 Million | 0.82% |
| Other Components | ZAC1.45 Billion | 34.79% |
| Total Equity | ZAC4.16 Billion | 100.00% |
Wesizwe Competitors by Market Cap
The table below lists competitors of Wesizwe ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ayurcann Holdings Corp
OTCQB:AYURF
|
$389.41K |
|
Bullion Gold Resources Corp
PINK:TTEXF
|
$389.73K |
|
FRESNILLO (FNL.SG)
STU:FNL
|
$389.76K |
|
Fundamental Invest - Stock Pick II Akkumulerende
CO:FUISPA
|
$389.78K |
|
Elcom International Inc
PINK:ELCO
|
$389.25K |
|
Bond Resources Inc
F:5B1
|
$389.19K |
|
Global X Silver Miners UCITS ETF USD Acc
F:SLVR
|
$389.17K |
|
SharonAI Holdings, Inc. Class A Common Stock
NASDAQ:SHAZ
|
$389.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wesizwe's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,933,177,000 to 4,163,048,000, a change of 229,871,000 (5.8%).
- Net loss of 209,389,000 reduced equity.
- Other comprehensive income decreased equity by 367,001.
- Other factors increased equity by 439,627,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-209.39 Million | -5.03% |
| Other Comprehensive Income | ZAC-367.00K | -0.01% |
| Other Changes | ZAC439.63 Million | +10.56% |
| Total Change | ZAC- | 5.84% |
Book Value vs Market Value Analysis
This analysis compares Wesizwe'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: 17.60x
- 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 decreased from 238.20x to 17.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ZAC0.19 | ZAC45.00 | x |
| 2006-12-31 | ZAC0.39 | ZAC45.00 | x |
| 2007-12-31 | ZAC2.53 | ZAC45.00 | x |
| 2008-12-31 | ZAC2.40 | ZAC45.00 | x |
| 2009-12-31 | ZAC2.28 | ZAC45.00 | x |
| 2010-12-31 | ZAC2.88 | ZAC45.00 | x |
| 2011-12-31 | ZAC2.69 | ZAC45.00 | x |
| 2012-12-31 | ZAC2.23 | ZAC45.00 | x |
| 2013-12-31 | ZAC2.23 | ZAC45.00 | x |
| 2014-12-31 | ZAC2.08 | ZAC45.00 | x |
| 2015-12-31 | ZAC1.72 | ZAC45.00 | x |
| 2016-12-31 | ZAC1.91 | ZAC45.00 | x |
| 2017-12-31 | ZAC1.85 | ZAC45.00 | x |
| 2018-12-31 | ZAC1.80 | ZAC45.00 | x |
| 2019-12-31 | ZAC1.86 | ZAC45.00 | x |
| 2020-12-31 | ZAC1.89 | ZAC45.00 | x |
| 2021-12-31 | ZAC1.98 | ZAC45.00 | x |
| 2022-12-31 | ZAC2.07 | ZAC45.00 | x |
| 2023-12-31 | ZAC2.42 | ZAC45.00 | x |
| 2024-12-31 | ZAC2.56 | ZAC45.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wesizwe 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): -5.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 6.69x
- Recent ROE (-5.03%) is below the historical average (-5.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -49.23% | 0.00% | 0.00x | 1.37x | ZAC-38.66 Million |
| 2006 | -13.42% | 0.00% | 0.00x | 1.19x | ZAC-34.04 Million |
| 2007 | -7.57% | 0.00% | 0.00x | 1.03x | ZAC-210.82 Million |
| 2008 | -2.03% | -14203.57% | 0.00x | 1.07x | ZAC-164.80 Million |
| 2009 | -2.91% | 0.00% | 0.00x | 1.02x | ZAC-172.71 Million |
| 2010 | 14.19% | 0.00% | 0.00x | 1.22x | ZAC88.29 Million |
| 2011 | -9.88% | 0.00% | 0.00x | 1.09x | ZAC-720.85 Million |
| 2012 | 0.27% | 23502.75% | 0.00x | 1.34x | ZAC-353.89 Million |
| 2013 | -0.25% | -8479.35% | 0.00x | 1.39x | ZAC-371.45 Million |
| 2014 | -7.78% | 0.00% | 0.00x | 1.83x | ZAC-601.58 Million |
| 2015 | -19.85% | 0.00% | 0.00x | 2.72x | ZAC-837.23 Million |
| 2016 | 9.74% | 0.00% | 0.00x | 2.44x | ZAC-8.03 Million |
| 2017 | -3.13% | -15000.37% | 0.00x | 2.65x | ZAC-395.49 Million |
| 2018 | -3.03% | 0.00% | 0.00x | 3.29x | ZAC-381.20 Million |
| 2019 | 3.20% | 0.00% | 0.00x | 4.12x | ZAC-206.01 Million |
| 2020 | 1.68% | 27543617.02% | 0.00x | 4.45x | ZAC-256.63 Million |
| 2021 | -0.76% | 0.00% | 0.00x | 5.17x | ZAC-346.73 Million |
| 2022 | -3.97% | 0.00% | 0.00x | 6.05x | ZAC-471.61 Million |
| 2023 | -0.64% | -1.10% | 0.08x | 7.61x | ZAC-418.52 Million |
| 2024 | -5.03% | 0.00% | 0.00x | 6.69x | ZAC-625.69 Million |
Industry Comparison
This section compares Wesizwe'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: $2,112,372,123
- Average return on equity (ROE) among peers: 7.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wesizwe (WEZ) | ZAC4.16 Billion | -49.23% | 7.28x | $389.30K |
| African Rainbow Minerals Ltd (ARI) | $7.97 Billion | 11.59% | 0.48x | $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 |