Golden Prospect Precious Metals Ltd
Golden Prospect Precious Metals Ltd. is a close ended equity mutual fund launched and managed by CQS Asset Management Ltd. It is co-managed by CQS Cayman Limited Partnership. The fund invests in public equity markets. It invests in stock of companies operating in the precious metal sector. Golden Prospect Precious Metals Ltd. was formed on October 16, 2006 and is domiciled in Channel Islands.
Golden Prospect Precious Metals Ltd (GPM) - Net Assets
Latest net assets as of December 2024: GBX40.19 Million GBX
Based on the latest financial reports, Golden Prospect Precious Metals Ltd (GPM) has net assets worth GBX40.19 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX43.87 Million) and total liabilities (GBX3.68 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 | GBX40.19 Million |
| % of Total Assets | 91.62% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | -28.24% |
| 10-Year Change | N/A |
| Growth Volatility | 56.87 |
Golden Prospect Precious Metals Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Golden Prospect Precious Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Golden Prospect Precious Metals Ltd (2016–2024)
The table below shows the annual net assets of Golden Prospect Precious Metals Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX40.19 Million | +31.24% |
| 2023-12-31 | GBX30.62 Million | -4.33% |
| 2022-12-31 | GBX32.01 Million | -28.62% |
| 2021-12-31 | GBX44.84 Million | -19.93% |
| 2020-12-31 | GBX56.01 Million | +142.35% |
| 2019-12-31 | GBX23.11 Million | +64.87% |
| 2018-12-31 | GBX14.02 Million | -37.72% |
| 2017-12-31 | GBX22.50 Million | -10.77% |
| 2016-12-31 | GBX25.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Prospect Precious Metals Ltd'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX93.25K | 0.23% |
| Other Components | GBX40.10 Million | 99.77% |
| Total Equity | GBX40.19 Million | 100.00% |
Golden Prospect Precious Metals Ltd Competitors by Market Cap
The table below lists competitors of Golden Prospect Precious Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRAZILIAN METAL
BE:LR4
|
$109.36 |
|
National Reinsurance Corporation of the Philippines
PSE:NRCP
|
$109.45 |
|
Ventana Biotech Inc
PINK:VNTA
|
$109.60 |
|
Controladora Axtel S.A.B. de C.V.
PINK:CTLDF
|
$109.69 |
|
MALAWI PROPERTY INVESTMENT COMPANY
MSE:MPICO
|
$108.81 |
|
European Resources Limited
AU:ERE
|
$108.53 |
|
Linike Medical Group Ltd
PINK:LNMG
|
$108.24 |
|
QUIZ PLC
LSE:QUIZ
|
$108.07 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Prospect Precious Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,622,420 to 40,189,310, a change of 9,566,890 (31.2%).
- Net income of 6,820,270 contributed positively to equity growth.
- New share issuances of 2,746,620 increased equity.
- Other comprehensive income decreased equity by 40,142,681.
- Other factors increased equity by 40,142,681.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX6.82 Million | +16.97% |
| Share Issuances | GBX2.75 Million | +6.83% |
| Other Comprehensive Income | GBX-40.14 Million | -99.88% |
| Other Changes | GBX40.14 Million | +99.88% |
| Total Change | GBX- | 31.24% |
Book Value vs Market Value Analysis
This analysis compares Golden Prospect Precious Metals Ltd'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: 194.24x
- 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 206.36x to 194.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX0.44 | GBX91.30 | x |
| 2017-12-31 | GBX0.39 | GBX91.30 | x |
| 2018-12-31 | GBX0.25 | GBX91.30 | x |
| 2019-12-31 | GBX0.40 | GBX91.30 | x |
| 2020-12-31 | GBX0.95 | GBX91.30 | x |
| 2021-12-31 | GBX0.52 | GBX91.30 | x |
| 2022-12-31 | GBX0.37 | GBX91.30 | x |
| 2023-12-31 | GBX0.36 | GBX91.30 | x |
| 2024-12-31 | GBX0.47 | GBX91.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Prospect Precious Metals Ltd 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): 16.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 94.99%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.09x
- Recent ROE (16.97%) is above the historical average (0.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 50.79% | 98.09% | 0.44x | 1.17x | GBX10.29 Million |
| 2017 | -11.66% | 0.00% | -0.08x | 1.24x | GBX-4.87 Million |
| 2018 | -60.59% | 0.00% | -0.40x | 1.47x | GBX-9.89 Million |
| 2019 | 39.09% | 97.23% | 0.39x | 1.03x | GBX6.70 Million |
| 2020 | 35.37% | 98.58% | 0.35x | 1.04x | GBX14.18 Million |
| 2021 | -25.09% | 0.00% | -0.22x | 1.12x | GBX-15.68 Million |
| 2022 | -39.61% | 0.00% | -0.35x | 1.11x | GBX-15.88 Million |
| 2023 | -4.52% | -107.09% | 0.04x | 1.14x | GBX-4.45 Million |
| 2024 | 16.97% | 94.99% | 0.16x | 1.09x | GBX2.80 Million |
Industry Comparison
This section compares Golden Prospect Precious Metals Ltd'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 |
|---|---|---|---|---|
| Golden Prospect Precious Metals Ltd (GPM) | GBX40.19 Million | 50.79% | 0.09x | $109.21 |
| 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 |