Serabi Gold PLC (SRB) - Net Assets
Based on the latest financial reports, Serabi Gold PLC (SRB) has net assets worth GBX154.31 Million GBX as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX182.64 Million) and total liabilities (GBX28.33 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 | GBX154.31 Million |
| % of Total Assets | 84.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | 80.41% |
| 10-Year Change | 122.69% |
| Growth Volatility | 34.92 |
Serabi Gold PLC - Net Assets Trend (2002–2024)
This chart illustrates how Serabi Gold PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Serabi Gold PLC (2002–2024)
The table below shows the annual net assets of Serabi Gold PLC from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX104.18 Million | +12.27% |
| 2023-12-31 | GBX92.79 Million | +13.82% |
| 2022-12-31 | GBX81.52 Million | +2.05% |
| 2021-12-31 | GBX79.89 Million | +38.34% |
| 2020-12-31 | GBX57.75 Million | -17.19% |
| 2019-12-31 | GBX69.73 Million | +0.90% |
| 2018-12-31 | GBX69.11 Million | +13.72% |
| 2017-12-31 | GBX60.77 Million | -4.12% |
| 2016-12-31 | GBX63.38 Million | +35.47% |
| 2015-12-31 | GBX46.78 Million | -30.09% |
| 2014-12-31 | GBX66.92 Million | +11.47% |
| 2013-12-31 | GBX60.03 Million | +52.91% |
| 2012-12-31 | GBX39.26 Million | -9.29% |
| 2011-12-31 | GBX43.28 Million | -2.41% |
| 2010-12-31 | GBX44.35 Million | +2.65% |
| 2009-12-31 | GBX43.20 Million | +12.91% |
| 2008-12-31 | GBX38.27 Million | -36.65% |
| 2007-12-31 | GBX60.40 Million | +81.95% |
| 2006-12-31 | GBX33.20 Million | +99.64% |
| 2005-12-31 | GBX16.63 Million | -39.68% |
| 2005-09-30 | GBX27.57 Million | +2293.16% |
| 2004-12-31 | GBX-1.26 Million | -85.67% |
| 2003-12-31 | GBX-677.00K | -39.88% |
| 2002-12-31 | GBX-484.00K | -- |
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 11604543600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX115.56 Million | 110.92% |
| Common Stock | GBX11.21 Million | 10.76% |
| Total Equity | GBX104.18 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 |
|---|---|
|
ACTEOS S.A
PA:EOS
|
$3.13 Million |
|
AB Utenos Trikotazas
MU:UD5
|
$3.14 Million |
|
Darelle Online Solutions Inc
V:DAR
|
$3.14 Million |
|
Norden Crown Metals Corp
V:NOCR
|
$3.14 Million |
|
Steadfast Marine PT
JK:KPAL
|
$3.13 Million |
|
WesCan Energy Corp
V:WCE
|
$3.13 Million |
|
Parkd Ltd
AU:PKD
|
$3.12 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
$3.12 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 2023 to 2024, total equity changed from 92,792,049 to 104,181,654, a change of 11,389,605 (12.3%).
- Net income of 27,819,718 contributed positively to equity growth.
- Other factors decreased equity by 16,430,113.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX27.82 Million | +26.7% |
| Other Changes | GBX-16.43 Million | -15.77% |
| Total Change | GBX- | 12.27% |
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: 247.16x
- 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 | GBX340.00 | x |
| 2003-12-31 | GBX-1.31 | GBX340.00 | x |
| 2004-12-31 | GBX-2.44 | GBX340.00 | x |
| 2005-12-31 | GBX32.29 | GBX340.00 | x |
| 2006-12-31 | GBX61.24 | GBX340.00 | x |
| 2007-12-31 | GBX96.87 | GBX340.00 | x |
| 2008-12-31 | GBX54.61 | GBX340.00 | x |
| 2009-12-31 | GBX29.40 | GBX340.00 | x |
| 2010-12-31 | GBX22.56 | GBX340.00 | x |
| 2011-12-31 | GBX14.60 | GBX340.00 | x |
| 2012-12-31 | GBX8.77 | GBX340.00 | x |
| 2013-12-31 | GBX3.06 | GBX340.00 | x |
| 2014-12-31 | GBX2.15 | GBX340.00 | x |
| 2015-12-31 | GBX1.43 | GBX340.00 | x |
| 2016-12-31 | GBX1.75 | GBX340.00 | x |
| 2017-12-31 | GBX1.74 | GBX340.00 | x |
| 2018-12-31 | GBX1.34 | GBX340.00 | x |
| 2019-12-31 | GBX1.14 | GBX340.00 | x |
| 2020-12-31 | GBX0.91 | GBX340.00 | x |
| 2021-12-31 | GBX1.04 | GBX340.00 | x |
| 2022-12-31 | GBX1.00 | GBX340.00 | x |
| 2023-12-31 | GBX1.23 | GBX340.00 | x |
| 2024-12-31 | GBX1.38 | GBX340.00 | 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): 26.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.43%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.20x
- Recent ROE (26.70%) is above the historical average (-2.45%), 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 |
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: $26,363,013
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serabi Gold PLC (SRB) | GBX154.31 Million | 0.00% | 0.18x | $3.13 Million |
| Ariana Resources plc (AAU) | $1.36 Million | -27.91% | 0.05x | $646.35K |
| Anglo Asian Mining Plc (AAZ) | $82.65 Million | 4.82% | 1.03x | $3.49 Million |
| Bluebird Merchant Ventures Ltd (BMV) | $1.97 Million | -46.85% | 0.18x | $24.50K |
| Conroy Gold & Natural Resources Plc (CGNR) | $2.60 Million | -5.07% | 0.30x | $107.67K |
| Cora Gold Limited (CORA) | $10.70 Million | 108.13% | 0.02x | $718.06K |
| ECR Minerals plc (ECR) | $32.76 Million | 2.53% | 0.01x | $110.11K |
| Endeavour Mining Corp (EDV) | $98.83 Million | 26.96% | 0.04x | $146.07 Million |
| Goldplat PLC (GDP) | $17.80 Million | 19.97% | 1.11x | $306.49K |
| Greatland Resources Limited (GGP) | $2.17 Million | -23.29% | 0.02x | $63.90 Million |
| Goldstone Resources Ltd (GRL) | $12.78 Million | -5.28% | 0.65x | $98.63K |
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 for 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 … Read more