Hudbay Minerals Inc.
Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces and sells copper concentrates containing copper, gold, and silver; silver/gold doré; zinc concentrates containing zinc and gold; and molybdenum concentrates. The company's flagship project is the Constancia mine located in C… Read more
Hudbay Minerals Inc. (HBM) - Net Assets
Latest net assets as of September 2025: $3.08 Billion USD
Based on the latest financial reports, Hudbay Minerals Inc. (HBM) has net assets worth $3.08 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.92 Billion) and total liabilities ($2.84 Billion). 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 | $3.08 Billion |
| % of Total Assets | 52.06% |
| Annual Growth Rate | 26.8% |
| 5-Year Change | 55.75% |
| 10-Year Change | 48.12% |
| Growth Volatility | 298.69 |
Hudbay Minerals Inc. - Net Assets Trend (1997–2024)
This chart illustrates how Hudbay Minerals Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hudbay Minerals Inc. (1997–2024)
The table below shows the annual net assets of Hudbay Minerals Inc. from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.65 Billion | +19.97% |
| 2023-12-31 | $2.21 Billion | +40.40% |
| 2022-12-31 | $1.57 Billion | +6.43% |
| 2021-12-31 | $1.48 Billion | -13.12% |
| 2020-12-31 | $1.70 Billion | -8.03% |
| 2019-12-31 | $1.85 Billion | -15.18% |
| 2018-12-31 | $2.18 Billion | +1.61% |
| 2017-12-31 | $2.14 Billion | +21.61% |
| 2016-12-31 | $1.76 Billion | -1.35% |
| 2015-12-31 | $1.79 Billion | -15.20% |
| 2014-12-31 | $2.11 Billion | +37.87% |
| 2013-12-31 | $1.53 Billion | -13.52% |
| 2012-12-31 | $1.77 Billion | -0.59% |
| 2011-12-31 | $1.78 Billion | +1.68% |
| 2010-12-31 | $1.75 Billion | +7.48% |
| 2009-12-31 | $1.63 Billion | +27.03% |
| 2008-12-31 | $1.28 Billion | +6.47% |
| 2007-12-31 | $1.20 Billion | +45.41% |
| 2006-12-31 | $827.22 Million | +267.78% |
| 2005-12-31 | $224.92 Million | +77.00% |
| 2004-12-31 | $127.08 Million | +1561.86% |
| 2003-12-31 | $7.65 Million | +259.20% |
| 2002-12-31 | $2.13 Million | +103.39% |
| 2001-12-31 | $1.05 Million | -59.50% |
| 2000-12-31 | $2.58 Million | -43.46% |
| 1999-12-31 | $4.57 Million | +12.63% |
| 1998-12-31 | $4.06 Million | -6.78% |
| 1997-12-31 | $4.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hudbay Minerals Inc.'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 9910629909.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.64 Billion | 103.45% |
| Other Comprehensive Income | $14.30 Million | 0.56% |
| Total Equity | $2.55 Billion | 100.00% |
Hudbay Minerals Inc. Competitors by Market Cap
The table below lists competitors of Hudbay Minerals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xero Ltd
AU:XRO
|
$7.46 Billion |
|
Wynn Resorts Limited
NASDAQ:WYNN
|
$7.47 Billion |
|
Falabella
SN:FALABELLA
|
$7.47 Billion |
|
Halozyme Therapeutics Inc
NASDAQ:HALO
|
$7.47 Billion |
|
China Mengniu Dairy Company Limited
PINK:CIADF
|
$7.45 Billion |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308
|
$7.45 Billion |
|
Bilibili Inc
NASDAQ:BILI
|
$7.45 Billion |
|
Smith AO Corporation
NYSE:AOS
|
$7.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hudbay Minerals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,096,800,000 to 2,553,200,000, a change of 456,400,000 (21.8%).
- Net income of 76,700,000 contributed positively to equity growth.
- Dividend payments of 5,500,000 reduced retained earnings.
- New share issuances of 398,000,000 increased equity.
- Other comprehensive income decreased equity by 15,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $76.70 Million | +3.0% |
| Dividends Paid | $5.50 Million | -0.22% |
| Share Issuances | $398.00 Million | +15.59% |
| Other Comprehensive Income | $-15.90 Million | -0.62% |
| Other Changes | $3.10 Million | +0.12% |
| Total Change | $- | 21.77% |
Book Value vs Market Value Analysis
This analysis compares Hudbay Minerals Inc.'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: 3.12x
- 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 3.40x to 3.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $6.21 | $21.14 | x |
| 1998-12-31 | $5.07 | $21.14 | x |
| 1999-12-31 | $4.91 | $21.14 | x |
| 2000-12-31 | $2.22 | $21.14 | x |
| 2001-12-31 | $0.89 | $21.14 | x |
| 2002-12-31 | $0.72 | $21.14 | x |
| 2003-12-31 | $1.75 | $21.14 | x |
| 2004-12-31 | $14.29 | $21.14 | x |
| 2005-12-31 | $2.65 | $21.14 | x |
| 2006-12-31 | $6.87 | $21.14 | x |
| 2007-12-31 | $9.36 | $21.14 | x |
| 2008-12-31 | $9.37 | $21.14 | x |
| 2009-12-31 | $10.55 | $21.14 | x |
| 2010-12-31 | $11.49 | $21.14 | x |
| 2011-12-31 | $10.58 | $21.14 | x |
| 2012-12-31 | $10.28 | $21.14 | x |
| 2013-12-31 | $8.93 | $21.14 | x |
| 2014-12-31 | $10.05 | $21.14 | x |
| 2015-12-31 | $7.62 | $21.14 | x |
| 2016-12-31 | $7.48 | $21.14 | x |
| 2017-12-31 | $8.81 | $21.14 | x |
| 2018-12-31 | $8.34 | $21.14 | x |
| 2019-12-31 | $7.07 | $21.14 | x |
| 2020-12-31 | $6.51 | $21.14 | x |
| 2021-12-31 | $5.65 | $21.14 | x |
| 2022-12-31 | $5.99 | $21.14 | x |
| 2023-12-31 | $6.74 | $21.14 | x |
| 2024-12-31 | $6.77 | $21.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hudbay Minerals Inc. 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.79%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.15x
- Recent ROE (3.00%) is above the historical average (-16.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -58.47% | 0.00% | 0.00x | 1.33x | $-2.98 Million |
| 1998 | -5.04% | -55858.41% | 0.00x | 1.37x | $-610.17K |
| 1999 | -25.01% | -7882758.62% | 0.00x | 1.12x | $-1.60 Million |
| 2000 | -87.69% | -906110.04% | 0.00x | 1.23x | $-2.52 Million |
| 2001 | -274.96% | -468958.77% | 0.00x | 1.96x | $-2.98 Million |
| 2002 | -28.28% | -43216.08% | 0.00x | 1.29x | $-814.88K |
| 2003 | -51.79% | -67866.32% | 0.00x | 1.21x | $-4.72 Million |
| 2004 | -6.49% | -74.44% | 0.02x | 4.21x | $-20.96 Million |
| 2005 | 32.62% | 13.07% | 0.89x | 2.79x | $50.88 Million |
| 2006 | 58.49% | 49.95% | 0.86x | 1.37x | $401.14 Million |
| 2007 | 19.07% | 17.89% | 0.82x | 1.30x | $109.07 Million |
| 2008 | 4.71% | 7.47% | 0.51x | 1.23x | $-67.80 Million |
| 2009 | 6.62% | 15.65% | 0.35x | 1.19x | $-54.88 Million |
| 2010 | 1.21% | 2.70% | 0.36x | 1.25x | $-152.89 Million |
| 2011 | -8.49% | -17.28% | 0.36x | 1.35x | $-328.32 Million |
| 2012 | -1.18% | -2.96% | 0.20x | 1.98x | $-197.68 Million |
| 2013 | -6.21% | -19.66% | 0.13x | 2.35x | $-249.02 Million |
| 2014 | 3.10% | 13.55% | 0.10x | 2.30x | $-145.42 Million |
| 2015 | -18.54% | -41.15% | 0.18x | 2.51x | $-510.16 Million |
| 2016 | -2.00% | -3.12% | 0.25x | 2.53x | $-211.51 Million |
| 2017 | 6.51% | 9.96% | 0.30x | 2.17x | $-74.73 Million |
| 2018 | 3.92% | 5.80% | 0.31x | 2.15x | $-132.47 Million |
| 2019 | -18.60% | -27.78% | 0.28x | 2.41x | $-528.62 Million |
| 2020 | -8.51% | -13.24% | 0.23x | 2.75x | $-314.56 Million |
| 2021 | -16.55% | -16.27% | 0.33x | 3.13x | $-392.04 Million |
| 2022 | 4.48% | 4.82% | 0.34x | 2.75x | $-86.80 Million |
| 2023 | 3.17% | 3.93% | 0.32x | 2.53x | $-143.28 Million |
| 2024 | 3.00% | 3.79% | 0.37x | 2.15x | $-178.62 Million |
Industry Comparison
This section compares Hudbay Minerals Inc.'s net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $2,702,999,180
- Average return on equity (ROE) among peers: -157.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hudbay Minerals Inc. (HBM) | $3.08 Billion | -58.47% | 0.92x | $7.45 Billion |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $26.34 Billion | 57.07% | 0.74x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $101.06 Million | 21.50% | 0.21x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-3.44 Million | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $106.60 Million | 0.04% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $65.98 Million | -10.79% | 0.05x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $64.26 Million | -1.45% | 0.01x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $350.20 Million | 8.99% | 0.44x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $202.12K | -400.78% | 20.09x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $545.85K | -1254.36% | 0.48x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $-18.91K | 0.00% | 0.00x | $704.59K |