Kore Potash Plc (KP2) - Net Assets
Based on the latest financial reports, Kore Potash Plc (KP2) has net assets worth GBX209.59 Million GBX (≈ $25.50K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX210.04 Million ≈ $25.56K USD) and total liabilities (GBX453.81K ≈ $55.22 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 KP2 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX209.59 Million |
| % of Total Assets | 99.78% |
| Annual Growth Rate | 5.72% |
| 5-Year Change | 18.13% |
| 10-Year Change | 80.99% |
| Growth Volatility | 34.67 |
Kore Potash Plc - Net Assets Trend (2013–2025)
This chart illustrates how Kore Potash Plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Kore Potash Plc.
Annual Net Assets for Kore Potash Plc (2013–2025)
The table below shows the annual net assets of Kore Potash Plc from 2013 to 2025. Also explore Kore Potash Plc (KP2) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX209.59 Million ≈ $25.50K |
+25.27% |
| 2024-12-31 | GBX167.30 Million ≈ $20.36K |
-4.45% |
| 2023-12-31 | GBX175.09 Million ≈ $21.30K |
+4.44% |
| 2022-12-31 | GBX167.65 Million ≈ $20.40K |
-5.51% |
| 2021-12-31 | GBX177.42 Million ≈ $21.59K |
-0.14% |
| 2020-12-31 | GBX177.66 Million ≈ $21.62K |
-43.82% |
| 2019-12-31 | GBX316.24 Million ≈ $38.48K |
+104.53% |
| 2018-12-31 | GBX154.61 Million ≈ $18.81K |
+0.21% |
| 2017-12-31 | GBX154.29 Million ≈ $18.77K |
+33.23% |
| 2017-06-30 | GBX115.80 Million ≈ $14.09K |
-16.61% |
| 2016-12-31 | GBX138.88 Million ≈ $16.90K |
+44.05% |
| 2015-12-31 | GBX96.41 Million ≈ $11.73K |
-7.49% |
| 2014-12-31 | GBX104.21 Million ≈ $12.68K |
-3.07% |
| 2013-12-31 | GBX107.51 Million ≈ $13.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Kore Potash 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 20738629200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX144.50 Million | 68.76% |
| Common Stock | GBX5.18 Million | 2.46% |
| Other Comprehensive Income | GBX-10.75 Million | -5.12% |
| Other Components | GBX71.23 Million | 33.89% |
| Total Equity | GBX210.15 Million | 100.00% |
Kore Potash Plc Competitors by Market Cap
The table below lists competitors of Kore Potash Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Castle Holdings Ltd
TA:SLCL
|
$2.36 Million |
|
Mulberry Group PLC
LSE:MUL
|
$2.36 Million |
|
Nanocap Group AB Series B
ST:NANOC-B
|
$2.36 Million |
|
Discovery Alaska Ltd
AU:DAF
|
$2.36 Million |
|
BPH Global Ltd
AU:BP8
|
$2.35 Million |
|
Borqs Technologies Inc.
NASDAQ:BRQSF
|
$2.35 Million |
|
Appulse Corp
V:APL
|
$2.35 Million |
|
Orexplore Technologies Ltd
AU:OXT
|
$2.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kore Potash Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 167,868,406 to 210,154,731, a change of 42,286,325 (25.2%).
- Net loss of 1,005,209 reduced equity.
- New share issuances of 22,650,721 increased equity.
- Other comprehensive income decreased equity by 182,695,828.
- Other factors increased equity by 203,336,641.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.01 Million | -0.48% |
| Share Issuances | GBX22.65 Million | +10.78% |
| Other Comprehensive Income | GBX-182.70 Million | -86.93% |
| Other Changes | GBX203.34 Million | +96.76% |
| Total Change | GBX- | 25.19% |
Book Value vs Market Value Analysis
This analysis compares Kore Potash 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: 84.97x
- 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 increased from 0.10x to 84.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | GBX36.66 | GBX3.74 | x |
| 2014-12-31 | GBX12.13 | GBX3.74 | x |
| 2015-12-31 | GBX11.22 | GBX3.74 | x |
| 2016-12-31 | GBX14.90 | GBX3.74 | x |
| 2017-06-30 | GBX0.13 | GBX3.74 | x |
| 2017-12-31 | GBX8.98 | GBX3.74 | x |
| 2018-12-31 | GBX185.01 | GBX3.74 | x |
| 2019-12-31 | GBX13.95 | GBX3.74 | x |
| 2020-12-31 | GBX5.63 | GBX3.74 | x |
| 2021-12-31 | GBX4.25 | GBX3.74 | x |
| 2022-12-31 | GBX2.22 | GBX3.74 | x |
| 2023-12-31 | GBX4.96 | GBX3.74 | x |
| 2024-12-31 | GBX3.94 | GBX3.74 | x |
| 2025-12-31 | GBX0.04 | GBX3.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kore Potash 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): -0.48%
- 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: 1.00x
- Recent ROE (-0.48%) is above the historical average (-2.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -7.15% | 0.00% | 0.00x | 1.00x | GBX-18.43 Million |
| 2014 | -3.35% | 0.00% | 0.00x | 1.00x | GBX-13.91 Million |
| 2015 | -2.75% | 0.00% | 0.00x | 1.00x | GBX-12.29 Million |
| 2016 | -3.07% | -20332.53% | 0.00x | 1.00x | GBX-18.15 Million |
| 2017 | -2.82% | -8541.73% | 0.00x | 1.02x | GBX-19.77 Million |
| 2018 | -4.03% | -8576.50% | 0.00x | 1.01x | GBX-21.77 Million |
| 2019 | -2.59% | -2.49% | 0.23x | 4.47x | GBX-20.43 Million |
| 2020 | -1.76% | -1.47% | 1.20x | 1.00x | GBX-20.96 Million |
| 2021 | -1.09% | -0.78% | 1.39x | 1.00x | GBX-19.74 Million |
| 2022 | -0.90% | -0.56% | 1.59x | 1.00x | GBX-18.34 Million |
| 2023 | -0.62% | -0.74% | 0.83x | 1.02x | GBX-18.66 Million |
| 2024 | -0.68% | 0.00% | 0.00x | 1.02x | GBX-17.93 Million |
| 2025 | -0.48% | 0.00% | 0.00x | 1.00x | GBX-22.02 Million |
Industry Comparison
This section compares Kore Potash Plc'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: $4,067,692,573
- Average return on equity (ROE) among peers: -17.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kore Potash Plc (KP2) | GBX209.59 Million | -7.15% | 0.00x | $2.36 Million |
| First Tin PLC (1SN) | $53.27 Million | -1.11% | 0.29x | $824.12K |
| Anglo American PLC (AAL) | $29.83 Billion | 11.90% | 0.75x | $535.69 Million |
| ACG Acquisition Co. Ltd. (ACG) | $3.51 Million | -77.72% | 0.31x | $5.27 Million |
| Adriatic Metals (ADT1) | $108.42 Million | -27.77% | 1.71x | $13.45 Million |
| Arc Minerals Limited (ARCM) | $9.10 Million | -10.50% | 0.02x | $114.53K |
| AfriTin Mining Ltd (ATM) | $25.53 Million | -41.90% | 2.46x | $1.90 Million |
| Anglesey Mining (AYM) | $0.00 | 0.00% | 0.00x | $55.86K |
| Beowulf Mining (BEM) | $950.00K | -33.47% | 0.03x | $52.79K |
| Bradda Head Holdings Ltd (BHL) | $15.66 Million | 0.00% | 0.01x | $85.55K |
| BHP Group Limited (BHP) | $10.63 Billion | 8.21% | 1.05x | $2.07 Billion |
About Kore Potash Plc
Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo. It holds interest in the Sintoukola Potash project that includes the Kola sylvinite and carnallite deposits, as well as DX sylvinite and Dougou carnallite deposits located in Pointe Noire. Kore Potash plc was incorporated in 2017 and is headquartered in London, … Read more