Ivanhoe Mines Ltd.
Ivanhoe Mines Ltd., together with its subsidiaries, engages in the mining, development, and exploration of minerals and precious metals in Africa. The company explores gold, platinum, palladium, rhodium, nickel, copper, zinc, germanium, silver, and lead deposits. Its projects include the Kamoa-Kakula Copper Complex mine located in the Central African Copperbelt; the Kipushi Zinc mine in Southern … Read more
Ivanhoe Mines Ltd. (IVPAF) - Net Assets
Latest net assets as of December 2025: $5.73 Billion USD
Based on the latest financial reports, Ivanhoe Mines Ltd. (IVPAF) has net assets worth $5.73 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.63 Billion) and total liabilities ($1.90 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 | $5.73 Billion |
| % of Total Assets | 75.07% |
| Annual Growth Rate | 40.98% |
| 5-Year Change | 140.85% |
| 10-Year Change | 498.7% |
| Growth Volatility | 213.99 |
Ivanhoe Mines Ltd. - Net Assets Trend (2010–2025)
This chart illustrates how Ivanhoe Mines 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 Ivanhoe Mines Ltd. (2010–2025)
The table below shows the annual net assets of Ivanhoe Mines Ltd. from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.73 Billion | +18.39% |
| 2024-12-31 | $4.84 Billion | +35.04% |
| 2023-12-31 | $3.58 Billion | +26.04% |
| 2022-12-31 | $2.84 Billion | +19.53% |
| 2021-12-31 | $2.38 Billion | +1.73% |
| 2020-12-31 | $2.34 Billion | -1.12% |
| 2019-12-31 | $2.36 Billion | +29.91% |
| 2018-12-31 | $1.82 Billion | +50.13% |
| 2017-12-31 | $1.21 Billion | +26.69% |
| 2016-12-31 | $956.26 Million | -2.31% |
| 2015-12-31 | $978.82 Million | +383.60% |
| 2014-12-31 | $202.40 Million | -10.93% |
| 2013-12-31 | $227.24 Million | -62.97% |
| 2012-12-31 | $613.60 Million | +103.74% |
| 2011-12-31 | $301.17 Million | +808.49% |
| 2010-12-31 | $33.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ivanhoe Mines 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 grown by 130893900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.31 Billion | 22.17% |
| Other Components | $4.60 Billion | 77.83% |
| Total Equity | $5.90 Billion | 100.00% |
Ivanhoe Mines Ltd. Competitors by Market Cap
The table below lists competitors of Ivanhoe Mines Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YPF Sociedad Anónima
SA:Y2PF34
|
$6.36 Billion |
|
Ollie's Bargain Outlet Hldg
NASDAQ:OLLI
|
$6.36 Billion |
|
HAL Trust
PINK:HALFF
|
$6.36 Billion |
|
SHIZUOKA FIN. GROUP INC.
F:P2U
|
$6.36 Billion |
|
Redeia Corporacion S.A.
MC:RED
|
$6.35 Billion |
|
FirstService Corp
NASDAQ:FSV
|
$6.35 Billion |
|
Federal Signal Corporation
NYSE:FSS
|
$6.35 Billion |
|
Hyundai Glovis
KO:086280
|
$6.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ivanhoe Mines Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,989,200,000 to 5,904,572,000, a change of 915,372,000 (18.3%).
- Net income of 261,555,000 contributed positively to equity growth.
- New share issuances of 564,521,000 increased equity.
- Other factors increased equity by 89,296,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $261.56 Million | +4.43% |
| Share Issuances | $564.52 Million | +9.56% |
| Other Changes | $89.30 Million | +1.51% |
| Total Change | $- | 18.35% |
Book Value vs Market Value Analysis
This analysis compares Ivanhoe Mines 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: 1.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $7.19 | x |
| 2016-12-31 | $0.00 | $7.19 | x |
| 2017-12-31 | $1.62 | $7.19 | x |
| 2018-12-31 | $1.88 | $7.19 | x |
| 2019-12-31 | $2.05 | $7.19 | x |
| 2020-12-31 | $2.02 | $7.19 | x |
| 2021-12-31 | $2.06 | $7.19 | x |
| 2022-12-31 | $2.41 | $7.19 | x |
| 2023-12-31 | $2.92 | $7.19 | x |
| 2024-12-31 | $3.69 | $7.19 | x |
| 2025-12-31 | $4.14 | $7.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ivanhoe Mines 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): 4.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 59.23%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.29x
- Recent ROE (4.43%) is above the historical average (-5.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -116.81% | 0.00% | 0.00x | 0.91x | $-401.32 Million |
| 2014 | -68.97% | 0.00% | 0.00x | 0.78x | $-255.56 Million |
| 2015 | 63.85% | 0.00% | 0.00x | 0.93x | $590.68 Million |
| 2016 | -2.96% | 0.00% | 0.00x | 0.92x | $-140.88 Million |
| 2017 | 13.30% | 0.00% | 0.00x | 0.99x | $42.25 Million |
| 2018 | 1.38% | 0.00% | 0.00x | 0.99x | $-163.58 Million |
| 2019 | 0.79% | 0.00% | 0.00x | 1.00x | $-225.56 Million |
| 2020 | -0.81% | 0.00% | 0.00x | 0.99x | $-263.94 Million |
| 2021 | 2.22% | 0.00% | 0.00x | 1.29x | $-194.14 Million |
| 2022 | 14.00% | 0.00% | 0.00x | 1.35x | $117.40 Million |
| 2023 | 8.62% | 0.00% | 0.00x | 1.35x | $-50.92 Million |
| 2024 | 4.57% | 558.91% | 0.01x | 1.15x | $-270.79 Million |
| 2025 | 4.43% | 59.23% | 0.06x | 1.29x | $-328.90 Million |
Industry Comparison
This section compares Ivanhoe Mines Ltd.'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ivanhoe Mines Ltd. (IVPAF) | $5.73 Billion | -116.81% | 0.33x | $6.36 Billion |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |