Blackrock World Mining Trust Plc

LSE:BRWM UK Asset Management
Market Cap
$20.94 Million
GBX172.12 Billion GBX
Market Cap Rank
#48071 Global
#1133 in UK
Share Price
GBX922.00
Change (1 day)
+4.30%
52-Week Range
GBX5.22 - GBX1042.00
All Time High
GBX1042.00
Categories
Companies in UK Asset Management Banking & Financial
About

BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors. The fund benchmarks the performance of its portfolio against the Euromoney G… Read more

Blackrock World Mining Trust Plc (BRWM) - Net Assets

Latest net assets as of June 2025: GBX1.01 Billion GBX

Based on the latest financial reports, Blackrock World Mining Trust Plc (BRWM) has net assets worth GBX1.01 Billion GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.12 Billion) and total liabilities (GBX107.48 Million). 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 GBX1.01 Billion
% of Total Assets 90.41%
Annual Growth Rate 7.15%
5-Year Change 4.77%
10-Year Change 158.46%
Growth Volatility 64.46

Blackrock World Mining Trust Plc - Net Assets Trend (2000–2024)

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

Annual Net Assets for Blackrock World Mining Trust Plc (2000–2024)

The table below shows the annual net assets of Blackrock World Mining Trust Plc from 2000 to 2024.

Year Net Assets Change
2024-12-31 GBX975.20 Million -15.93%
2023-12-31 GBX1.16 Billion -10.72%
2022-12-31 GBX1.30 Billion +13.69%
2021-12-31 GBX1.14 Billion +22.78%
2020-12-31 GBX930.83 Million +260.04%
2019-12-31 GBX258.54 Million -62.29%
2018-12-31 GBX685.60 Million -14.80%
2017-12-31 GBX804.65 Million +18.76%
2016-12-31 GBX677.55 Million +79.57%
2015-12-31 GBX377.31 Million -39.60%
2014-12-31 GBX624.67 Million -29.44%
2013-12-31 GBX885.35 Million -27.18%
2012-12-31 GBX1.22 Billion -7.69%
2011-12-31 GBX1.32 Billion -22.89%
2010-12-31 GBX1.71 Billion +45.14%
2009-12-31 GBX1.18 Billion +99.15%
2008-12-31 GBX590.93 Million -53.40%
2007-12-31 GBX1.27 Billion +46.01%
2006-12-31 GBX868.54 Million +29.98%
2005-12-31 GBX668.20 Million +67.84%
2004-12-31 GBX398.13 Million +2.28%
2003-12-31 GBX389.24 Million +59.95%
2002-12-31 GBX243.35 Million +23.70%
2001-12-31 GBX196.73 Million +5.75%
2000-12-31 GBX186.02 Million --

Equity Component Analysis

This analysis shows how different components contribute to Blackrock World Mining Trust Plc'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 967.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX38.05 Million 3.90%
Common Stock GBX9.65 Million 0.99%
Other Comprehensive Income GBX776.01 Million 79.57%
Other Components GBX151.49 Million 15.53%
Total Equity GBX975.20 Million 100.00%

Blackrock World Mining Trust Plc Competitors by Market Cap

The table below lists competitors of Blackrock World Mining Trust Plc ranked by their market capitalization.

Company Market Cap
musicMagpie PLC
LSE:MMAG
 		$1.07K
R I L Property PLC
CM:RILN0000
 		$1.07K
Engro Polymer & Chemicals Ltd
KAR:EPCL
 		$1.08K
OBIMF
OTCGREY:OBIMF
 		$1.08K
G Medical Innovations Holdings Ltd
PINK:GMVDF
 		$1.07K
Third Bench Inc.
PINK:THBD
 		$1.07K
ENSEVAL PUTERA MEGA
MU:FEK
 		$1.07K
CHEUK NANG (HLDGS) (CQH3.SG)
STU:CQH3
 		$1.07K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Blackrock World Mining Trust Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,160,051,000 to 975,199,000, a change of -184,852,000 (-15.9%).
  • Net loss of 119,941,000 reduced equity.
  • Dividend payments of 64,037,000 reduced retained earnings.
  • Share repurchases of 874,000 reduced equity.
  • Other comprehensive income decreased equity by 164,942,000.
  • Other factors increased equity by 164,942,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-119.94 Million -12.3%
Dividends Paid GBX64.04 Million -6.57%
Share Repurchases GBX874.00K -0.09%
Other Comprehensive Income GBX-164.94 Million -16.91%
Other Changes GBX164.94 Million +16.91%
Total Change GBX- -15.93%

Book Value vs Market Value Analysis

This analysis compares Blackrock World Mining Trust Plc'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: 180.72x
  • 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 764.25x to 180.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 GBX1.21 GBX922.00 x
2003-12-31 GBX2.39 GBX922.00 x
2004-12-31 GBX2.45 GBX922.00 x
2005-12-31 GBX4.01 GBX922.00 x
2006-12-31 GBX5.16 GBX922.00 x
2007-12-31 GBX7.81 GBX922.00 x
2008-12-31 GBX3.39 GBX922.00 x
2009-12-31 GBX6.62 GBX922.00 x
2010-12-31 GBX9.61 GBX922.00 x
2011-12-31 GBX7.42 GBX922.00 x
2012-12-31 GBX6.86 GBX922.00 x
2013-12-31 GBX4.99 GBX922.00 x
2014-12-31 GBX3.52 GBX922.00 x
2015-12-31 GBX2.13 GBX922.00 x
2016-12-31 GBX3.84 GBX922.00 x
2017-12-31 GBX4.56 GBX922.00 x
2018-12-31 GBX3.89 GBX922.00 x
2019-12-31 GBX4.30 GBX922.00 x
2020-12-31 GBX5.36 GBX922.00 x
2021-12-31 GBX6.31 GBX922.00 x
2022-12-31 GBX6.95 GBX922.00 x
2023-12-31 GBX6.09 GBX922.00 x
2024-12-31 GBX5.10 GBX922.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Blackrock World Mining Trust Plc 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): -12.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.09x
  • • Equity Multiplier: 1.15x
  • Recent ROE (-12.30%) is below the historical average (0.21%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 0.72% 67.16% 0.01x 1.10x GBX-36.11 Million
2004 2.53% 82.34% 0.03x 1.06x GBX-29.75 Million
2005 39.22% 99.02% 0.39x 1.01x GBX195.28 Million
2006 23.64% 97.51% 0.24x 1.02x GBX118.44 Million
2007 37.15% 98.85% 0.37x 1.00x GBX344.25 Million
2008 -129.77% 0.00% -1.28x 1.01x GBX-825.95 Million
2009 50.74% 100.52% 0.49x 1.04x GBX479.45 Million
2010 31.68% 98.87% 0.31x 1.03x GBX370.22 Million
2011 -28.75% 0.00% -0.27x 1.05x GBX-510.33 Million
2012 -5.27% 0.00% -0.05x 1.10x GBX-185.61 Million
2013 -33.11% 0.00% -0.29x 1.14x GBX-381.70 Million
2014 -35.77% 0.00% -0.30x 1.18x GBX-285.91 Million
2015 -55.69% 0.00% -0.46x 1.18x GBX-247.86 Million
2016 49.28% 99.04% 0.44x 1.13x GBX266.16 Million
2017 19.74% 97.93% 0.18x 1.13x GBX78.40 Million
2018 -13.29% 0.00% -0.11x 1.19x GBX-159.65 Million
2019 15.07% 97.32% 0.14x 1.13x GBX38.35 Million
2020 23.26% 99.51% 0.20x 1.14x GBX123.43 Million
2021 16.84% 97.39% 0.15x 1.13x GBX78.18 Million
2022 15.58% 97.91% 0.14x 1.13x GBX72.49 Million
2023 -6.81% 0.00% -0.05x 1.14x GBX-194.99 Million
2024 -12.30% 0.00% -0.09x 1.15x GBX-217.46 Million

Industry Comparison

This section compares Blackrock World Mining Trust Plc's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $395,694,700
  • Average return on equity (ROE) among peers: -81.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Blackrock World Mining Trust Plc (BRWM) GBX1.01 Billion 0.72% 0.11x $1.07K
3I Infrastructure PLC (3IN) $1.09 Billion 8.57% 0.18x $396.99K
450 PLC (450) $1.30 Million -791.13% 5.03x $1.71K
abrdn Asian Income Fund Limited (AAIF) $431.48 Million 11.10% 0.09x $315.37
Abrdn Asia Focus PLC (AAS) $464.40 Million -2.37% 0.15x $434.78
Albion Technology & General VCT PLC (AATG) $34.46 Million 4.41% 0.01x $78.71
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $492.42 Million 0.00% 0.32x $16.61
Aquila Energy Efficiency Trust PLC (AEET) $97.38 Million -0.64% 0.00x $2.38K
Aquila European Renewables Income PLC (AERI) $320.23 Million -9.29% 0.00x $2.45K
Artemis UK Future Leaders plc (AFL) $84.35 Million -40.52% 0.02x $401.26
AVI Global Trust PLC (AGT) $938.94 Million 2.59% 0.12x $2.83 Million