Blackrock World Mining Trust Plc (BRWM) - Net Assets
Based on the latest financial reports, Blackrock World Mining Trust Plc (BRWM) has net assets worth GBX1.01 Billion GBX (≈ $123.23K USD) 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 ≈ $136.30K USD) and total liabilities (GBX107.48 Million ≈ $13.08K 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 BRWM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Blackrock World Mining Trust Plc for the complete picture of this company's asset base.
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. For live valuation and market cap data, see BRWM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX975.20 Million ≈ $118.65K |
-15.93% |
| 2023-12-31 | GBX1.16 Billion ≈ $141.14K |
-10.72% |
| 2022-12-31 | GBX1.30 Billion ≈ $158.09K |
+13.69% |
| 2021-12-31 | GBX1.14 Billion ≈ $139.05K |
+22.78% |
| 2020-12-31 | GBX930.83 Million ≈ $113.25K |
+260.04% |
| 2019-12-31 | GBX258.54 Million ≈ $31.46K |
-62.29% |
| 2018-12-31 | GBX685.60 Million ≈ $83.42K |
-14.80% |
| 2017-12-31 | GBX804.65 Million ≈ $97.90K |
+18.76% |
| 2016-12-31 | GBX677.55 Million ≈ $82.44K |
+79.57% |
| 2015-12-31 | GBX377.31 Million ≈ $45.91K |
-39.60% |
| 2014-12-31 | GBX624.67 Million ≈ $76.00K |
-29.44% |
| 2013-12-31 | GBX885.35 Million ≈ $107.72K |
-27.18% |
| 2012-12-31 | GBX1.22 Billion ≈ $147.92K |
-7.69% |
| 2011-12-31 | GBX1.32 Billion ≈ $160.24K |
-22.89% |
| 2010-12-31 | GBX1.71 Billion ≈ $207.82K |
+45.14% |
| 2009-12-31 | GBX1.18 Billion ≈ $143.18K |
+99.15% |
| 2008-12-31 | GBX590.93 Million ≈ $71.90K |
-53.40% |
| 2007-12-31 | GBX1.27 Billion ≈ $154.29K |
+46.01% |
| 2006-12-31 | GBX868.54 Million ≈ $105.68K |
+29.98% |
| 2005-12-31 | GBX668.20 Million ≈ $81.30K |
+67.84% |
| 2004-12-31 | GBX398.13 Million ≈ $48.44K |
+2.28% |
| 2003-12-31 | GBX389.24 Million ≈ $47.36K |
+59.95% |
| 2002-12-31 | GBX243.35 Million ≈ $29.61K |
+23.70% |
| 2001-12-31 | GBX196.73 Million ≈ $23.94K |
+5.75% |
| 2000-12-31 | GBX186.02 Million ≈ $22.63K |
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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 |
|---|---|
|
Sah Polymers Limited
NSE:SAH
|
$21.26 Million |
|
Neometals Ltd
AU:NMT
|
$21.26 Million |
|
Bannari Amman Spinning Mills Limited
NSE:BASML
|
$21.26 Million |
|
Konsortium Transnasional Bhd
KLSE:4847
|
$21.27 Million |
|
TPC Power Holding Public Company Limited
BK:TPCH
|
$21.26 Million |
|
Murano Global Investments PLC Ordinary Shares
NASDAQ:MRNO
|
$21.26 Million |
|
Invoicery Group AB
ST:FRILAN
|
$21.26 Million |
|
Pavonine Co Ltd
KQ:177830
|
$21.25 Million |
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: 183.47x
- 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 775.86x to 183.47x 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 | GBX936.00 | x |
| 2003-12-31 | GBX2.39 | GBX936.00 | x |
| 2004-12-31 | GBX2.45 | GBX936.00 | x |
| 2005-12-31 | GBX4.01 | GBX936.00 | x |
| 2006-12-31 | GBX5.16 | GBX936.00 | x |
| 2007-12-31 | GBX7.81 | GBX936.00 | x |
| 2008-12-31 | GBX3.39 | GBX936.00 | x |
| 2009-12-31 | GBX6.62 | GBX936.00 | x |
| 2010-12-31 | GBX9.61 | GBX936.00 | x |
| 2011-12-31 | GBX7.42 | GBX936.00 | x |
| 2012-12-31 | GBX6.86 | GBX936.00 | x |
| 2013-12-31 | GBX4.99 | GBX936.00 | x |
| 2014-12-31 | GBX3.52 | GBX936.00 | x |
| 2015-12-31 | GBX2.13 | GBX936.00 | x |
| 2016-12-31 | GBX3.84 | GBX936.00 | x |
| 2017-12-31 | GBX4.56 | GBX936.00 | x |
| 2018-12-31 | GBX3.89 | GBX936.00 | x |
| 2019-12-31 | GBX4.30 | GBX936.00 | x |
| 2020-12-31 | GBX5.36 | GBX936.00 | x |
| 2021-12-31 | GBX6.31 | GBX936.00 | x |
| 2022-12-31 | GBX6.95 | GBX936.00 | x |
| 2023-12-31 | GBX6.09 | GBX936.00 | x |
| 2024-12-31 | GBX5.10 | GBX936.00 | 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: $745,852,800
- Average return on equity (ROE) among peers: 2.99%
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 | $21.26 Million |
| 3I Infrastructure PLC (3IN) | $1.20 Billion | 4.98% | 0.15x | $42.14 Million |
| Albion Enterprise VCT PLC (AAEV) | $61.87 Million | 11.55% | 0.03x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $431.87 Million | 14.17% | 0.08x | $5.17 Million |
| Abrdn Asia Focus PLC (AAS) | $98.67 Million | 9.82% | 0.09x | $7.49 Million |
| Albion Technology & General VCT PLC (AATG) | $64.83 Million | 5.63% | 0.01x | $3.22 Million |
| Abrdn PLC (ABDN) | $4.56 Billion | 10.22% | 39.48x | $45.21 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $426.87 Million | 6.29% | 0.20x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $69.67 Million | -2.91% | 0.02x | $261.59K |
| Aquila European Renewables Income PLC (AERI) | $372.54 Million | -8.03% | 0.00x | $79.35 Million |
| Artemis UK Future Leaders plc (AFL) | $174.91 Million | -21.80% | 0.02x | $415.29 |
About Blackrock World Mining Trust Plc
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