Alphamin Resources Corp
Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrate. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp. in October 2008. The company was incorporated in 1981 and is headquartered in Grand Baie… Read more
Alphamin Resources Corp (AFMJF) - Net Assets
Latest net assets as of June 2025: $457.39 Million USD
Based on the latest financial reports, Alphamin Resources Corp (AFMJF) has net assets worth $457.39 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($606.57 Million) and total liabilities ($149.18 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 | $457.39 Million |
| % of Total Assets | 75.41% |
| Annual Growth Rate | 29.19% |
| 5-Year Change | 97.07% |
| 10-Year Change | 443.85% |
| Growth Volatility | 44.53 |
Alphamin Resources Corp - Net Assets Trend (2000–2024)
This chart illustrates how Alphamin Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alphamin Resources Corp (2000–2024)
The table below shows the annual net assets of Alphamin Resources Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $390.07 Million | +6.72% |
| 2023-12-31 | $365.51 Million | -0.52% |
| 2022-12-31 | $367.40 Million | +18.24% |
| 2021-12-31 | $310.73 Million | +56.99% |
| 2020-12-31 | $197.93 Million | +13.37% |
| 2019-12-31 | $174.59 Million | +11.32% |
| 2018-12-31 | $156.83 Million | +54.08% |
| 2017-12-31 | $101.79 Million | +25.79% |
| 2016-12-31 | $80.92 Million | +12.82% |
| 2015-12-31 | $71.72 Million | +14.23% |
| 2014-12-31 | $62.79 Million | +12.02% |
| 2013-12-31 | $56.05 Million | +43.45% |
| 2012-12-31 | $39.07 Million | +99.97% |
| 2011-12-31 | $19.54 Million | +12950.31% |
| 2010-12-31 | $-152.06K | -112.24% |
| 2009-12-31 | $1.24 Million | +17.04% |
| 2008-12-31 | $1.06 Million | +2.82% |
| 2007-12-31 | $1.03 Million | -16.85% |
| 2006-12-31 | $1.24 Million | +32.07% |
| 2005-12-31 | $939.72K | +41.53% |
| 2004-12-31 | $663.99K | +64.60% |
| 2003-12-31 | $403.39K | +48.22% |
| 2002-12-31 | $272.15K | +70.30% |
| 2001-12-31 | $159.81K | -80.87% |
| 2000-12-31 | $835.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alphamin Resources Corp'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 5078148765.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $47.86 Million | 14.35% |
| Common Stock | $275.28 Million | 82.53% |
| Other Comprehensive Income | $10.40 Million | 3.12% |
| Total Equity | $333.54 Million | 100.00% |
Alphamin Resources Corp Competitors by Market Cap
The table below lists competitors of Alphamin Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amper S.A.
PINK:APMRF
|
$216.95 Million |
|
D-Link Corp
TW:2332
|
$217.00 Million |
|
Shanghai Welltech Automation Co Ltd
SHE:002058
|
$217.00 Million |
|
Citizens Inc
NYSE:CIA
|
$217.00 Million |
|
Eastnine AB (publ)
ST:EAST
|
$216.83 Million |
|
Polyrocks Chemical Co Ltd
SHG:688669
|
$216.79 Million |
|
LOG Commercial Properties e Participações S.A
SA:LOGG3
|
$216.64 Million |
|
Lever Global Corporation
OTCQB:LVER
|
$216.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alphamin Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 312,786,201 to 333,535,020, a change of 20,748,819 (6.6%).
- Net income of 100,777,000 contributed positively to equity growth.
- Dividend payments of 82,917,349 reduced retained earnings.
- Other comprehensive income increased equity by 1,162,163.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $100.78 Million | +30.21% |
| Dividends Paid | $82.92 Million | -24.86% |
| Other Comprehensive Income | $1.16 Million | +0.35% |
| Other Changes | $1.73 Million | +0.52% |
| Total Change | $- | 6.63% |
Book Value vs Market Value Analysis
This analysis compares Alphamin Resources Corp'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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.03x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.06 | $0.40 | x |
| 2001-12-31 | $0.01 | $0.40 | x |
| 2002-12-31 | $0.02 | $0.40 | x |
| 2003-12-31 | $0.02 | $0.40 | x |
| 2004-12-31 | $0.04 | $0.40 | x |
| 2005-12-31 | $0.06 | $0.40 | x |
| 2006-12-31 | $0.07 | $0.40 | x |
| 2007-12-31 | $0.05 | $0.40 | x |
| 2008-12-31 | $0.05 | $0.40 | x |
| 2009-12-31 | $0.05 | $0.40 | x |
| 2010-12-31 | $-0.01 | $0.40 | x |
| 2011-12-31 | $0.52 | $0.40 | x |
| 2012-12-31 | $0.52 | $0.40 | x |
| 2013-12-31 | $0.43 | $0.40 | x |
| 2014-12-31 | $0.24 | $0.40 | x |
| 2015-12-31 | $0.17 | $0.40 | x |
| 2016-12-31 | $0.18 | $0.40 | x |
| 2017-12-31 | $0.18 | $0.40 | x |
| 2018-12-31 | $0.18 | $0.40 | x |
| 2019-12-31 | $0.14 | $0.40 | x |
| 2020-12-31 | $0.16 | $0.40 | x |
| 2021-12-31 | $0.21 | $0.40 | x |
| 2022-12-31 | $0.25 | $0.40 | x |
| 2023-12-31 | $0.24 | $0.40 | x |
| 2024-12-31 | $0.26 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alphamin Resources Corp 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): 30.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.73x
- Recent ROE (30.21%) is above the historical average (-36.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -19.88% | -24787665.67% | 0.00x | 1.22x | $-249.63K |
| 2001 | -451.80% | 0.00% | 0.00x | 1.49x | $-737.98K |
| 2002 | -48.58% | -315387.17% | 0.00x | 1.07x | $-159.43K |
| 2003 | -62.22% | -79776.25% | 0.00x | 1.25x | $-291.34K |
| 2004 | -85.09% | 0.00% | 0.00x | 1.22x | $-631.40K |
| 2005 | -90.45% | 0.00% | 0.00x | 1.28x | $-943.97K |
| 2006 | -29.73% | 0.00% | 0.00x | 1.12x | $-493.11K |
| 2007 | -80.91% | 0.00% | 0.00x | 1.17x | $-938.20K |
| 2008 | -49.21% | 0.00% | 0.00x | 1.19x | $-628.27K |
| 2009 | -26.10% | 0.00% | 0.00x | 1.19x | $-448.37K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.41 Million |
| 2011 | -14.27% | 0.00% | 0.00x | 1.03x | $-4.74 Million |
| 2012 | -7.70% | 0.00% | 0.00x | 1.04x | $-6.91 Million |
| 2013 | -6.90% | 0.00% | 0.00x | 1.01x | $-9.47 Million |
| 2014 | -12.66% | 0.00% | 0.00x | 1.01x | $-14.23 Million |
| 2015 | -10.35% | 0.00% | 0.00x | 1.17x | $-12.72 Million |
| 2016 | -6.19% | 0.00% | 0.00x | 1.17x | $-11.32 Million |
| 2017 | -3.27% | 0.00% | 0.00x | 1.47x | $-11.12 Million |
| 2018 | -1.04% | 0.00% | 0.00x | 1.95x | $-14.56 Million |
| 2019 | 3.43% | 18.29% | 0.09x | 2.19x | $-9.54 Million |
| 2020 | -5.14% | -4.71% | 0.63x | 1.73x | $-26.01 Million |
| 2021 | 17.55% | 13.66% | 0.84x | 1.53x | $20.73 Million |
| 2022 | 31.50% | 25.81% | 0.80x | 1.53x | $68.88 Million |
| 2023 | 15.10% | 16.37% | 0.56x | 1.65x | $15.94 Million |
| 2024 | 30.21% | 19.09% | 0.91x | 1.73x | $67.42 Million |
Industry Comparison
This section compares Alphamin Resources Corp'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 |
|---|---|---|---|---|
| Alphamin Resources Corp (AFMJF) | $457.39 Million | -19.88% | 0.33x | $216.87 Million |
| 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 |