Griffin Mining (GFM) - Net Assets
Based on the latest financial reports, Griffin Mining (GFM) has net assets worth GBX282.15 Million GBX (≈ $34.33K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX330.58 Million ≈ $40.22K USD) and total liabilities (GBX48.44 Million ≈ $5.89K 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 Griffin Mining (GFM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX282.15 Million |
| % of Total Assets | 85.35% |
| Annual Growth Rate | 17.6% |
| 5-Year Change | 16.67% |
| 10-Year Change | 94.84% |
| Growth Volatility | 64.2 |
Griffin Mining - Net Assets Trend (2000–2024)
This chart illustrates how Griffin Mining's net assets have evolved over time, based on quarterly financial data. See Griffin Mining (GFM) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Griffin Mining (2000–2024)
The table below shows the annual net assets of Griffin Mining from 2000 to 2024. For live valuation and market cap data, see market cap of Griffin Mining.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX272.67 Million ≈ $33.18K |
+1.08% |
| 2023-12-31 | GBX269.75 Million ≈ $32.82K |
+9.89% |
| 2022-12-31 | GBX245.47 Million ≈ $29.87K |
-6.52% |
| 2021-12-31 | GBX262.58 Million ≈ $31.95K |
+12.35% |
| 2020-12-31 | GBX233.71 Million ≈ $28.44K |
+8.73% |
| 2019-12-31 | GBX214.94 Million ≈ $26.15K |
+1.75% |
| 2018-12-31 | GBX211.24 Million ≈ $25.70K |
+10.39% |
| 2017-12-31 | GBX191.36 Million ≈ $23.28K |
+33.57% |
| 2016-12-31 | GBX143.27 Million ≈ $17.43K |
+2.38% |
| 2015-12-31 | GBX139.94 Million ≈ $17.03K |
-5.40% |
| 2014-12-31 | GBX147.93 Million ≈ $18.00K |
+0.13% |
| 2013-12-31 | GBX147.73 Million ≈ $17.97K |
+2.69% |
| 2012-12-31 | GBX143.86 Million ≈ $17.50K |
-13.09% |
| 2011-12-31 | GBX165.53 Million ≈ $20.14K |
+13.21% |
| 2010-12-31 | GBX146.22 Million ≈ $17.79K |
+6.47% |
| 2009-12-31 | GBX137.33 Million ≈ $16.71K |
+5.25% |
| 2008-12-31 | GBX130.48 Million ≈ $15.88K |
-47.42% |
| 2007-12-31 | GBX248.16 Million ≈ $30.19K |
+285.00% |
| 2006-12-31 | GBX64.46 Million ≈ $7.84K |
+96.01% |
| 2005-12-31 | GBX32.89 Million ≈ $4.00K |
+12.10% |
| 2004-12-31 | GBX29.34 Million ≈ $3.57K |
+119.50% |
| 2003-12-31 | GBX13.37 Million ≈ $1.63K |
+82.56% |
| 2002-12-31 | GBX7.32 Million ≈ $890.75 |
-2.84% |
| 2001-12-31 | GBX7.54 Million ≈ $916.79 |
+35.40% |
| 2000-12-31 | GBX5.57 Million ≈ $677.10 |
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Equity Component Analysis
This analysis shows how different components contribute to Griffin Mining'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 22495500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX224.96 Million | 82.50% |
| Common Stock | GBX1.85 Million | 0.68% |
| Other Components | GBX45.86 Million | 16.82% |
| Total Equity | GBX272.67 Million | 100.00% |
Griffin Mining Competitors by Market Cap
The table below lists competitors of Griffin Mining ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUNation Energy Inc.
NASDAQ:SUNE
|
$6.98 Million |
|
SECUREKLOUD TECHNOLOGIES LIMITED
NSE:SECURKLOUD
|
$6.99 Million |
|
JE Cleantech Holdings Ltd
NASDAQ:JCSE
|
$7.00 Million |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
$7.00 Million |
|
Multi Ways Holdings Ltd
NYSE MKT:MWG
|
$6.98 Million |
|
CARTIER SILVER CORP
F:2CI0
|
$6.98 Million |
|
mTouche Technology Bhd
KLSE:0092
|
$6.98 Million |
|
Addex Therapeutics Ltd
SW:ADXN
|
$6.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Griffin Mining's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 269,752,000 to 272,671,000, a change of 2,919,000 (1.1%).
- Net income of 11,351,000 contributed positively to equity growth.
- Share repurchases of 12,515,000 reduced equity.
- New share issuances of 828,000 increased equity.
- Other comprehensive income increased equity by 29,717,000.
- Other factors decreased equity by 26,462,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX11.35 Million | +4.16% |
| Share Repurchases | GBX12.52 Million | -4.59% |
| Share Issuances | GBX828.00K | +0.3% |
| Other Comprehensive Income | GBX29.72 Million | +10.9% |
| Other Changes | GBX-26.46 Million | -9.7% |
| Total Change | GBX- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Griffin Mining'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: 222.41x
- 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 1785.23x to 222.41x 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 | GBX0.18 | GBX325.00 | x |
| 2006-12-31 | GBX0.34 | GBX325.00 | x |
| 2007-12-31 | GBX1.11 | GBX325.00 | x |
| 2008-12-31 | GBX0.58 | GBX325.00 | x |
| 2009-12-31 | GBX0.73 | GBX325.00 | x |
| 2010-12-31 | GBX0.76 | GBX325.00 | x |
| 2011-12-31 | GBX0.85 | GBX325.00 | x |
| 2012-12-31 | GBX0.78 | GBX325.00 | x |
| 2013-12-31 | GBX0.84 | GBX325.00 | x |
| 2014-12-31 | GBX0.84 | GBX325.00 | x |
| 2015-12-31 | GBX0.78 | GBX325.00 | x |
| 2016-12-31 | GBX0.79 | GBX325.00 | x |
| 2017-12-31 | GBX1.01 | GBX325.00 | x |
| 2018-12-31 | GBX1.12 | GBX325.00 | x |
| 2019-12-31 | GBX1.14 | GBX325.00 | x |
| 2020-12-31 | GBX1.28 | GBX325.00 | x |
| 2021-12-31 | GBX1.39 | GBX325.00 | x |
| 2022-12-31 | GBX1.31 | GBX325.00 | x |
| 2023-12-31 | GBX1.41 | GBX325.00 | x |
| 2024-12-31 | GBX1.46 | GBX325.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Griffin Mining 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): 4.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.96%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.12x
- Recent ROE (4.16%) is below the historical average (8.01%), 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 | 0.95% | 5.09% | 0.17x | 1.12x | GBX-2.98 Million |
| 2006 | 45.72% | 68.85% | 0.62x | 1.07x | GBX23.03 Million |
| 2007 | 10.78% | 70.45% | 0.15x | 1.02x | GBX1.95 Million |
| 2008 | 4.84% | 19.72% | 0.23x | 1.06x | GBX-6.73 Million |
| 2009 | 2.68% | 14.24% | 0.18x | 1.07x | GBX-9.86 Million |
| 2010 | 1.96% | 6.69% | 0.26x | 1.12x | GBX-11.26 Million |
| 2011 | 10.34% | 20.00% | 0.42x | 1.23x | GBX513.78K |
| 2012 | 10.68% | 19.30% | 0.37x | 1.51x | GBX939.50K |
| 2013 | 5.52% | 11.48% | 0.30x | 1.58x | GBX-6.62 Million |
| 2014 | 0.13% | 0.42% | 0.18x | 1.72x | GBX-14.60 Million |
| 2015 | -1.56% | -3.66% | 0.24x | 1.76x | GBX-16.18 Million |
| 2016 | 4.13% | 8.92% | 0.28x | 1.63x | GBX-8.41 Million |
| 2017 | 22.64% | 34.20% | 0.50x | 1.32x | GBX24.18 Million |
| 2018 | 12.06% | 25.72% | 0.39x | 1.19x | GBX4.35 Million |
| 2019 | 2.83% | 7.40% | 0.32x | 1.18x | GBX-15.41 Million |
| 2020 | 3.81% | 11.27% | 0.27x | 1.26x | GBX-14.46 Million |
| 2021 | 9.66% | 19.69% | 0.40x | 1.22x | GBX-881.60K |
| 2022 | 3.14% | 7.70% | 0.33x | 1.24x | GBX-16.84 Million |
| 2023 | 5.65% | 10.43% | 0.45x | 1.19x | GBX-11.74 Million |
| 2024 | 4.16% | 7.96% | 0.47x | 1.12x | GBX-15.92 Million |
Industry Comparison
This section compares Griffin Mining'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: $1,465,954,120
- Average return on equity (ROE) among peers: -43.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Griffin Mining (GFM) | GBX282.15 Million | 0.95% | 0.17x | $6.98 Million |
| First Tin PLC (1SN) | $8.22 Million | 3.25% | 0.01x | $725.23K |
| Anglo American PLC (AAL) | $14.46 Billion | 21.33% | 0.77x | $507.14 Million |
| ACG Acquisition Co. Ltd. (ACG) | $-246.05K | 0.00% | 0.00x | $4.86 Million |
| Adriatic Metals (ADT1) | $108.42 Million | -27.77% | 1.71x | $13.45 Million |
| Alba Mineral Resources (ALBA) | $719.02K | -32.54% | 0.42x | $50.80K |
| Arc Minerals Limited (ARCM) | $29.96 Million | -21.50% | 0.18x | $118.93K |
| AfriTin Mining Ltd (ATM) | $32.05 Million | -26.33% | 1.07x | $903.42K |
| Anglesey Mining (AYM) | $8.38 Million | -2.00% | 0.32x | $39.82K |
| Beowulf Mining (BEM) | $8.65 Million | -6.67% | 0.03x | $60.33K |
| Bradda Head Holdings Ltd (BHL) | $386.36K | -345.01% | 2.49x | $130.70K |
About Griffin Mining
Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and precious metal deposits. Its principal asset is the Caijiaying mine located in Hebei Province, the People's Republic of China. The company was formerly known as European Mining Finance Ltd. and changed … Read more