Serabi Gold PLC (SRB) - Net Assets
Based on the latest financial reports, Serabi Gold PLC (SRB) has net assets worth GBX198.21 Million GBX (≈ $24.12K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX227.82 Million ≈ $27.72K USD) and total liabilities (GBX29.61 Million ≈ $3.60K 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 Serabi Gold PLC strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX198.21 Million |
| % of Total Assets | 87.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 112.53% |
| 10-Year Change | 167.89% |
| Growth Volatility | 35.77 |
Serabi Gold PLC - Net Assets Trend (2002–2025)
This chart illustrates how Serabi Gold PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SRB company net worth.
Annual Net Assets for Serabi Gold PLC (2002–2025)
The table below shows the annual net assets of Serabi Gold PLC from 2002 to 2025. Also explore Serabi Gold PLC equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX169.78 Million ≈ $20.66K |
+62.97% |
| 2024-12-31 | GBX104.18 Million ≈ $12.68K |
+12.27% |
| 2023-12-31 | GBX92.79 Million ≈ $11.29K |
+13.82% |
| 2022-12-31 | GBX81.52 Million ≈ $9.92K |
+2.05% |
| 2021-12-31 | GBX79.89 Million ≈ $9.72K |
+38.34% |
| 2020-12-31 | GBX57.75 Million ≈ $7.03K |
-17.19% |
| 2019-12-31 | GBX69.73 Million ≈ $8.48K |
+0.90% |
| 2018-12-31 | GBX69.11 Million ≈ $8.41K |
+13.72% |
| 2017-12-31 | GBX60.77 Million ≈ $7.39K |
-4.12% |
| 2016-12-31 | GBX63.38 Million ≈ $7.71K |
+35.47% |
| 2015-12-31 | GBX46.78 Million ≈ $5.69K |
-30.09% |
| 2014-12-31 | GBX66.92 Million ≈ $8.14K |
+11.47% |
| 2013-12-31 | GBX60.03 Million ≈ $7.30K |
+52.91% |
| 2012-12-31 | GBX39.26 Million ≈ $4.78K |
-9.29% |
| 2011-12-31 | GBX43.28 Million ≈ $5.27K |
-2.41% |
| 2010-12-31 | GBX44.35 Million ≈ $5.40K |
+2.65% |
| 2009-12-31 | GBX43.20 Million ≈ $5.26K |
+12.91% |
| 2008-12-31 | GBX38.27 Million ≈ $4.66K |
-36.65% |
| 2007-12-31 | GBX60.40 Million ≈ $7.35K |
+81.95% |
| 2006-12-31 | GBX33.20 Million ≈ $4.04K |
+99.64% |
| 2005-12-31 | GBX16.63 Million ≈ $2.02K |
-39.68% |
| 2005-09-30 | GBX27.57 Million ≈ $3.35K |
+2293.16% |
| 2004-12-31 | GBX-1.26 Million ≈ $-152.94 |
-85.67% |
| 2003-12-31 | GBX-677.00K ≈ $-82.37 |
-39.88% |
| 2002-12-31 | GBX-484.00K ≈ $-58.89 |
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Equity Component Analysis
This analysis shows how different components contribute to Serabi Gold 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 16613378400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX165.65 Million | 97.57% |
| Common Stock | GBX11.22 Million | 6.61% |
| Other Comprehensive Income | GBX-43.26 Million | -25.48% |
| Other Components | GBX36.17 Million | 21.30% |
| Total Equity | GBX169.78 Million | 100.00% |
Serabi Gold PLC Competitors by Market Cap
The table below lists competitors of Serabi Gold PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zoomcar Holdings Inc.
NASDAQ:ZCAR
|
$2.60 Million |
|
CENTURION FIN.A-C ZY -10
F:6F4
|
$2.60 Million |
|
Nexus Gold Corp
V:NXS
|
$2.60 Million |
|
Awilco Drilling PLC
OL:AWDR
|
$2.60 Million |
|
Videndum Plc
LSE:VID
|
$2.60 Million |
|
GRAND PEAK CAPITAL
F:6GP1
|
$2.60 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.59 Million |
|
BT Wealth Industries Public Company Limited
BK:BTW
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serabi Gold PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 104,181,654 to 169,782,828, a change of 65,601,174 (63.0%).
- Net income of 55,039,005 contributed positively to equity growth.
- Other comprehensive income decreased equity by 43,256,212.
- Other factors increased equity by 53,818,381.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX55.04 Million | +32.42% |
| Other Comprehensive Income | GBX-43.26 Million | -25.48% |
| Other Changes | GBX53.82 Million | +31.7% |
| Total Change | GBX- | 62.97% |
Book Value vs Market Value Analysis
This analysis compares Serabi Gold 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: 124.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | GBX-0.94 | GBX280.00 | x |
| 2003-12-31 | GBX-1.31 | GBX280.00 | x |
| 2004-12-31 | GBX-2.44 | GBX280.00 | x |
| 2005-12-31 | GBX32.29 | GBX280.00 | x |
| 2006-12-31 | GBX61.24 | GBX280.00 | x |
| 2007-12-31 | GBX96.87 | GBX280.00 | x |
| 2008-12-31 | GBX54.61 | GBX280.00 | x |
| 2009-12-31 | GBX29.40 | GBX280.00 | x |
| 2010-12-31 | GBX22.56 | GBX280.00 | x |
| 2011-12-31 | GBX14.60 | GBX280.00 | x |
| 2012-12-31 | GBX8.77 | GBX280.00 | x |
| 2013-12-31 | GBX3.06 | GBX280.00 | x |
| 2014-12-31 | GBX2.15 | GBX280.00 | x |
| 2015-12-31 | GBX1.43 | GBX280.00 | x |
| 2016-12-31 | GBX1.75 | GBX280.00 | x |
| 2017-12-31 | GBX1.74 | GBX280.00 | x |
| 2018-12-31 | GBX1.34 | GBX280.00 | x |
| 2019-12-31 | GBX1.14 | GBX280.00 | x |
| 2020-12-31 | GBX0.91 | GBX280.00 | x |
| 2021-12-31 | GBX1.04 | GBX280.00 | x |
| 2022-12-31 | GBX1.00 | GBX280.00 | x |
| 2023-12-31 | GBX1.23 | GBX280.00 | x |
| 2024-12-31 | GBX1.38 | GBX280.00 | x |
| 2025-12-31 | GBX2.24 | GBX280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serabi Gold 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): 32.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.59%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.17x
- Recent ROE (32.42%) is above the historical average (-1.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -865.79% | 0.03x | 0.00x | GBX-280.60K |
| 2003 | 0.00% | -114.29% | 0.09x | 0.00x | GBX-172.30K |
| 2004 | 0.00% | -327.46% | 0.03x | 0.00x | GBX-506.30K |
| 2005 | -5.13% | 0.00% | 0.00x | 1.11x | GBX-2.52 Million |
| 2006 | -6.65% | -30.44% | 0.18x | 1.19x | GBX-5.53 Million |
| 2007 | -0.20% | -0.49% | 0.38x | 1.11x | GBX-6.16 Million |
| 2008 | -28.68% | -66.41% | 0.38x | 1.14x | GBX-14.80 Million |
| 2009 | -23.12% | -181.23% | 0.11x | 1.14x | GBX-14.31 Million |
| 2010 | -13.48% | -486.18% | 0.02x | 1.24x | GBX-10.42 Million |
| 2011 | -13.71% | -148400.00% | 0.00x | 1.11x | GBX-10.26 Million |
| 2012 | -12.07% | 0.00% | 0.00x | 1.23x | GBX-8.66 Million |
| 2013 | -10.43% | 0.00% | 0.00x | 1.16x | GBX-12.27 Million |
| 2014 | -0.26% | -1.38% | 0.14x | 1.39x | GBX-6.87 Million |
| 2015 | -0.10% | -0.14% | 0.53x | 1.42x | GBX-4.73 Million |
| 2016 | 6.99% | 8.42% | 0.69x | 1.20x | GBX-1.91 Million |
| 2017 | -3.95% | -4.95% | 0.52x | 1.53x | GBX-8.47 Million |
| 2018 | -8.33% | -13.30% | 0.45x | 1.40x | GBX-12.67 Million |
| 2019 | 5.50% | 6.39% | 0.61x | 1.40x | GBX-3.14 Million |
| 2020 | 12.18% | 12.59% | 0.73x | 1.32x | GBX1.26 Million |
| 2021 | 12.46% | 15.76% | 0.70x | 1.14x | GBX1.96 Million |
| 2022 | -1.21% | -1.67% | 0.59x | 1.23x | GBX-9.14 Million |
| 2023 | 7.09% | 10.32% | 0.55x | 1.24x | GBX-2.70 Million |
| 2024 | 26.70% | 29.43% | 0.76x | 1.20x | GBX17.40 Million |
| 2025 | 32.42% | 34.59% | 0.80x | 1.17x | GBX38.06 Million |
Industry Comparison
This section compares Serabi Gold PLC's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $125,515,973
- Average return on equity (ROE) among peers: -51.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serabi Gold PLC (SRB) | GBX198.21 Million | 0.00% | 0.15x | $2.60 Million |
| Ariana Resources plc (AAU) | $1.36 Million | -27.91% | 0.05x | $492.84K |
| Anglo Asian Mining Plc (AAZ) | $29.66 Million | -4.54% | 0.08x | $5.48 Million |
| AltynGold plc (ALTN) | $33.28 Million | -3.77% | 0.98x | $3.48 Million |
| Bluebird Merchant Ventures Ltd (BMV) | $391.08K | -433.42% | 4.57x | $11.03K |
| Conroy Gold & Natural Resources Plc (CGNR) | $249.05K | -26.52% | 0.35x | $90.88K |
| Caledonia Mining Corporation Plc (CMCL) | $193.46 Million | 9.25% | 0.22x | $4.34 Million |
| Cora Gold Limited (CORA) | $10.55 Million | -8.35% | 0.02x | $620.28K |
| ECR Minerals plc (ECR) | $3.64 Million | -19.57% | 0.01x | $66.07K |
| Endeavour Mining Corp (EDV) | $960.66 Million | -6.95% | 0.41x | $132.26 Million |
| Goldplat PLC (GDP) | $21.90 Million | 6.15% | 0.88x | $410.39K |
About Serabi Gold PLC
Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil. The company explores and produces gold and copper deposits. It primarily holds 100% interests in the Palito mining complex and the Coringa Gold Project located in the Tapajos region of northern Brazil. The company was formerly known as Serabi Mining Plc and changed its name … Read more