Zanaga Iron Ore Co Ltd
Zanaga Iron Ore Company Limited, an investment holding company, engages in the exploration and development of iron ore project. Its flagship asset is the 100% owned Zanaga Iron Ore Project located in the south-west of the Republic of Congo. The company was formerly known as Jumelles Holdings Limited and changed its name to Zanaga Iron Ore Company Limited in October 2010. Zanaga Iron Ore Company L… Read more
Zanaga Iron Ore Co Ltd (ZIOC) - Net Assets
Latest net assets as of June 2025: GBX90.03 Million GBX
Based on the latest financial reports, Zanaga Iron Ore Co Ltd (ZIOC) has net assets worth GBX90.03 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX90.17 Million) and total liabilities (GBX141.00K). 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 | GBX90.03 Million |
| % of Total Assets | 99.84% |
| Annual Growth Rate | -5.7% |
| 5-Year Change | 127.63% |
| 10-Year Change | 87.08% |
| Growth Volatility | 38.53 |
Zanaga Iron Ore Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Zanaga Iron Ore Co 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 Zanaga Iron Ore Co Ltd (2009–2024)
The table below shows the annual net assets of Zanaga Iron Ore Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX85.54 Million | -0.32% |
| 2023-12-31 | GBX85.82 Million | +0.72% |
| 2022-12-31 | GBX85.20 Million | +125.78% |
| 2021-12-31 | GBX37.74 Million | +0.42% |
| 2020-12-31 | GBX37.58 Million | -1.42% |
| 2019-12-31 | GBX38.12 Million | -3.30% |
| 2018-12-31 | GBX39.42 Million | -4.52% |
| 2017-12-31 | GBX41.28 Million | -3.25% |
| 2016-12-31 | GBX42.67 Million | -6.68% |
| 2015-12-31 | GBX45.73 Million | -26.61% |
| 2014-12-31 | GBX62.31 Million | -73.16% |
| 2013-12-31 | GBX232.13 Million | +1.76% |
| 2012-12-31 | GBX228.11 Million | +0.38% |
| 2011-12-31 | GBX227.25 Million | -5.78% |
| 2010-12-31 | GBX241.18 Million | +16.90% |
| 2009-12-31 | GBX206.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zanaga Iron Ore Co 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 23186337320.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX319.06 Million | 372.98% |
| Total Equity | GBX85.54 Million | 100.00% |
Zanaga Iron Ore Co Ltd Competitors by Market Cap
The table below lists competitors of Zanaga Iron Ore Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Danang Education Investment And Development JSC
VN:DAD
|
$6.11K |
|
Lee Hedges PLC
CM:SHAWN0000
|
$6.11K |
|
AUSGOLD
BE:AU4
|
$6.12K |
|
Panther Securities P L C
LSE:PNS
|
$6.12K |
|
Schroder BSC Social Impact Trust PLC
LSE:SBSI
|
$6.10K |
|
CML Microsystems Plc
LSE:CML
|
$6.10K |
|
Empresa Siderurgica del Peru S.A.A.
LIM:SIDERC1
|
$6.10K |
|
El Ahli Investment and Development
EGX:AFDI
|
$6.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zanaga Iron Ore Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,817,000 to 85,542,000, a change of -275,000 (-0.3%).
- Net loss of 2,294,000 reduced equity.
- New share issuances of 1,729,000 increased equity.
- Other comprehensive income increased equity by 69,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.29 Million | -2.68% |
| Share Issuances | GBX1.73 Million | +2.02% |
| Other Comprehensive Income | GBX69.00K | +0.08% |
| Other Changes | GBX221.00K | +0.26% |
| Total Change | GBX- | -0.32% |
Book Value vs Market Value Analysis
This analysis compares Zanaga Iron Ore Co 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: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | GBX1567.87 | GBX6.19 | x |
| 2010-12-31 | GBX937.24 | GBX6.19 | x |
| 2011-12-31 | GBX826.83 | GBX6.19 | x |
| 2012-12-31 | GBX828.45 | GBX6.19 | x |
| 2013-12-31 | GBX845.85 | GBX6.19 | x |
| 2014-12-31 | GBX226.73 | GBX6.19 | x |
| 2015-12-31 | GBX166.32 | GBX6.19 | x |
| 2016-12-31 | GBX155.21 | GBX6.19 | x |
| 2017-12-31 | GBX150.16 | GBX6.19 | x |
| 2018-12-31 | GBX139.19 | GBX6.19 | x |
| 2019-12-31 | GBX133.27 | GBX6.19 | x |
| 2020-12-31 | GBX128.24 | GBX6.19 | x |
| 2021-12-31 | GBX122.90 | GBX6.19 | x |
| 2022-12-31 | GBX267.26 | GBX6.19 | x |
| 2023-12-31 | GBX133.03 | GBX6.19 | x |
| 2024-12-31 | GBX129.51 | GBX6.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zanaga Iron Ore Co 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): -2.68%
- 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: 1.01x
- Recent ROE (-2.68%) is above the historical average (-21.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -0.76% | 0.00% | 0.00x | 1.00x | GBX-22.20 Million |
| 2010 | -5.74% | 0.00% | 0.00x | 1.00x | GBX-37.97 Million |
| 2011 | -6.33% | 0.00% | 0.00x | 1.00x | GBX-37.10 Million |
| 2012 | -2.51% | 0.00% | 0.00x | 1.01x | GBX-28.54 Million |
| 2013 | -2.91% | 0.00% | 0.00x | 1.00x | GBX-29.97 Million |
| 2014 | -264.51% | 0.00% | 0.00x | 1.01x | GBX-171.04 Million |
| 2015 | -38.51% | 0.00% | 0.00x | 1.00x | GBX-22.18 Million |
| 2016 | -6.94% | 0.00% | 0.00x | 1.00x | GBX-7.23 Million |
| 2017 | -3.37% | 0.00% | 0.00x | 1.00x | GBX-5.52 Million |
| 2018 | -4.71% | 0.00% | 0.00x | 1.00x | GBX-5.80 Million |
| 2019 | -4.92% | 0.00% | 0.00x | 1.00x | GBX-5.69 Million |
| 2020 | -4.85% | 0.00% | 0.00x | 1.00x | GBX-5.58 Million |
| 2021 | -5.03% | 0.00% | 0.00x | 1.00x | GBX-5.67 Million |
| 2022 | 9.50% | 0.00% | 0.00x | 1.01x | GBX-422.20K |
| 2023 | -3.17% | 0.00% | 0.00x | 1.03x | GBX-11.30 Million |
| 2024 | -2.68% | 0.00% | 0.00x | 1.01x | GBX-10.85 Million |
Industry Comparison
This section compares Zanaga Iron Ore Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,572,348,569
- Average return on equity (ROE) among peers: 23.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zanaga Iron Ore Co Ltd (ZIOC) | GBX90.03 Million | -0.76% | 0.00x | $6.11K |
| EVRAZ plc (EVR) | $2.89 Billion | 31.80% | 1.34x | $46.84K |
| Vesuvius PLC (VSVS) | $257.70 Million | 14.44% | 0.85x | $143.04K |