Antofagasta PLC
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company produces copper cathodes and copper concentrates; molybdenum concentrates; and gold and silver by-products. It also provides rail and road cargo services to mining customers in northern Chile. In addition, the comp… Read more
Antofagasta PLC (ANFGF) - Net Assets
Latest net assets as of June 2025: $13.57 Billion USD
Based on the latest financial reports, Antofagasta PLC (ANFGF) has net assets worth $13.57 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.07 Billion) and total liabilities ($10.51 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 | $13.57 Billion |
| % of Total Assets | 56.36% |
| Annual Growth Rate | 16.27% |
| 5-Year Change | 28.5% |
| 10-Year Change | 52.06% |
| Growth Volatility | 20.22 |
Antofagasta PLC - Net Assets Trend (1985–2024)
This chart illustrates how Antofagasta 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 Antofagasta PLC (1985–2024)
The table below shows the annual net assets of Antofagasta PLC from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.95 Billion | +7.52% |
| 2023-12-31 | $12.05 Billion | +3.47% |
| 2022-12-31 | $11.64 Billion | +5.58% |
| 2021-12-31 | $11.03 Billion | +9.40% |
| 2020-12-31 | $10.08 Billion | +7.23% |
| 2019-12-31 | $9.40 Billion | -0.39% |
| 2018-12-31 | $9.44 Billion | +3.24% |
| 2017-12-31 | $9.14 Billion | +7.43% |
| 2016-12-31 | $8.51 Billion | -0.11% |
| 2015-12-31 | $8.52 Billion | +6.03% |
| 2014-12-31 | $8.03 Billion | -7.26% |
| 2013-12-31 | $8.66 Billion | -1.60% |
| 2012-12-31 | $8.80 Billion | +12.78% |
| 2011-12-31 | $7.81 Billion | +3.74% |
| 2010-12-31 | $7.53 Billion | +13.73% |
| 2009-12-31 | $6.62 Billion | +2.87% |
| 2008-12-31 | $6.43 Billion | +31.10% |
| 2007-12-31 | $4.91 Billion | +24.27% |
| 2006-12-31 | $3.95 Billion | +42.89% |
| 2005-12-31 | $2.76 Billion | +33.48% |
| 2004-12-31 | $2.07 Billion | +65.73% |
| 2003-12-31 | $1.25 Billion | -2.06% |
| 2002-12-31 | $1.28 Billion | +5.28% |
| 2001-12-31 | $1.21 Billion | +49.45% |
| 2000-12-31 | $810.50 Million | +19.28% |
| 1999-12-31 | $679.50 Million | +10.34% |
| 1998-12-31 | $615.80 Million | +8.05% |
| 1997-12-31 | $569.90 Million | +98.57% |
| 1996-12-31 | $287.00 Million | +2.46% |
| 1995-12-31 | $280.10 Million | +14.70% |
| 1994-12-31 | $244.20 Million | +30.17% |
| 1993-12-31 | $187.60 Million | +22.77% |
| 1992-12-31 | $152.81 Million | +8.31% |
| 1991-12-31 | $141.09 Million | +20.92% |
| 1990-12-31 | $116.68 Million | +15.45% |
| 1989-12-31 | $101.06 Million | +23.88% |
| 1988-12-31 | $81.58 Million | +33.86% |
| 1987-12-31 | $60.94 Million | +30.70% |
| 1986-12-31 | $46.63 Million | +28.82% |
| 1985-12-31 | $36.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Antofagasta 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 57882.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.19 Billion | 97.14% |
| Common Stock | $89.80 Million | 0.95% |
| Other Comprehensive Income | $-18.20 Million | -0.19% |
| Other Components | $199.20 Million | 2.11% |
| Total Equity | $9.46 Billion | 100.00% |
Antofagasta PLC Competitors by Market Cap
The table below lists competitors of Antofagasta PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Sherwin-Williams Company
SA:S1HW34
|
$6.24 Billion |
|
Albertsons Companies
NYSE:ACI
|
$6.24 Billion |
|
Vornado Realty Trust
PINK:VNORP
|
$6.25 Billion |
|
Jefferies Financial Group Inc
NYSE:JEF
|
$6.25 Billion |
|
Ormat Technologies Inc
NYSE:ORA
|
$6.23 Billion |
|
Maplebear Inc.
NASDAQ:CART
|
$6.22 Billion |
|
Guangdong Investment Ltd
PINK:GGDVY
|
$6.22 Billion |
|
Erie Indemnity Company
NASDAQ:ERIE
|
$6.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Antofagasta PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,951,900,000 to 9,462,200,000, a change of 510,300,000 (5.7%).
- Net income of 829,400,000 contributed positively to equity growth.
- Dividend payments of 317,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 122,552,446.
- Other factors increased equity by 120,952,446.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $829.40 Million | +8.77% |
| Dividends Paid | $317.50 Million | -3.36% |
| Other Comprehensive Income | $-122.55 Million | -1.3% |
| Other Changes | $120.95 Million | +1.28% |
| Total Change | $- | 5.70% |
Book Value vs Market Value Analysis
This analysis compares Antofagasta 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: 1.93x
- 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 1399.32x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.01 | $18.50 | x |
| 1986-12-31 | $0.06 | $18.50 | x |
| 1987-12-31 | $0.07 | $18.50 | x |
| 1988-12-31 | $0.10 | $18.50 | x |
| 1989-12-31 | $0.12 | $18.50 | x |
| 1990-12-31 | $0.14 | $18.50 | x |
| 1991-12-31 | $0.15 | $18.50 | x |
| 1992-12-31 | $0.18 | $18.50 | x |
| 1993-12-31 | $0.21 | $18.50 | x |
| 1994-12-31 | $0.25 | $18.50 | x |
| 1995-12-31 | $0.31 | $18.50 | x |
| 1996-12-31 | $0.32 | $18.50 | x |
| 1997-12-31 | $0.61 | $18.50 | x |
| 1998-12-31 | $0.54 | $18.50 | x |
| 1999-12-31 | $0.56 | $18.50 | x |
| 2000-12-31 | $0.62 | $18.50 | x |
| 2001-12-31 | $0.91 | $18.50 | x |
| 2002-12-31 | $0.97 | $18.50 | x |
| 2003-12-31 | $0.92 | $18.50 | x |
| 2004-12-31 | $1.49 | $18.50 | x |
| 2005-12-31 | $2.07 | $18.50 | x |
| 2006-12-31 | $3.20 | $18.50 | x |
| 2007-12-31 | $4.12 | $18.50 | x |
| 2008-12-31 | $5.34 | $18.50 | x |
| 2009-12-31 | $5.42 | $18.50 | x |
| 2010-12-31 | $6.26 | $18.50 | x |
| 2011-12-31 | $6.29 | $18.50 | x |
| 2012-12-31 | $7.21 | $18.50 | x |
| 2013-12-31 | $6.82 | $18.50 | x |
| 2014-12-31 | $6.26 | $18.50 | x |
| 2015-12-31 | $6.74 | $18.50 | x |
| 2016-12-31 | $6.91 | $18.50 | x |
| 2017-12-31 | $7.42 | $18.50 | x |
| 2018-12-31 | $7.46 | $18.50 | x |
| 2019-12-31 | $7.49 | $18.50 | x |
| 2020-12-31 | $7.86 | $18.50 | x |
| 2021-12-31 | $8.47 | $18.50 | x |
| 2022-12-31 | $8.75 | $18.50 | x |
| 2023-12-31 | $9.08 | $18.50 | x |
| 2024-12-31 | $9.60 | $18.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Antofagasta 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): 8.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.54%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.39x
- Recent ROE (8.77%) is below the historical average (17.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 20.51% | 46.01% | 0.37x | 1.20x | $3.59 Million |
| 1986 | 18.49% | 59.86% | 0.23x | 1.35x | $3.79 Million |
| 1987 | 20.30% | 30.52% | 0.38x | 1.77x | $5.24 Million |
| 1988 | 38.77% | 70.95% | 0.39x | 1.39x | $21.49 Million |
| 1989 | 23.52% | 44.16% | 0.40x | 1.33x | $12.49 Million |
| 1990 | 22.11% | 40.19% | 0.40x | 1.36x | $12.52 Million |
| 1991 | 13.39% | 26.52% | 0.36x | 1.42x | $3.84 Million |
| 1992 | 13.45% | 25.04% | 0.36x | 1.49x | $4.63 Million |
| 1993 | 13.84% | 25.72% | 0.39x | 1.39x | $6.19 Million |
| 1994 | 16.58% | 37.09% | 0.29x | 1.56x | $13.33 Million |
| 1995 | 22.67% | 31.91% | 0.47x | 1.52x | $31.80 Million |
| 1996 | 11.96% | 17.29% | 0.46x | 1.51x | $5.12 Million |
| 1997 | 27.78% | 92.21% | 0.23x | 1.28x | $90.18 Million |
| 1998 | 6.53% | 30.34% | 0.11x | 1.94x | $-17.96 Million |
| 1999 | 1.79% | 10.80% | 0.06x | 2.61x | $-44.61 Million |
| 2000 | 14.81% | 17.95% | 0.30x | 2.77x | $29.45 Million |
| 2001 | 6.94% | 8.05% | 0.31x | 2.77x | $-27.57 Million |
| 2002 | 10.07% | 11.21% | 0.35x | 2.56x | $710.84K |
| 2003 | 19.81% | 18.35% | 0.41x | 2.66x | $88.90 Million |
| 2004 | 39.91% | 30.12% | 0.61x | 2.18x | $438.36 Million |
| 2005 | 35.55% | 29.68% | 0.65x | 1.85x | $521.63 Million |
| 2006 | 42.92% | 34.99% | 0.76x | 1.61x | $1.04 Billion |
| 2007 | 34.00% | 36.12% | 0.65x | 1.44x | $975.60 Million |
| 2008 | 32.40% | 50.60% | 0.42x | 1.51x | $1.18 Billion |
| 2009 | 12.51% | 22.54% | 0.31x | 1.78x | $133.84 Million |
| 2010 | 17.05% | 22.98% | 0.39x | 1.88x | $434.74 Million |
| 2011 | 19.96% | 20.35% | 0.52x | 1.89x | $616.98 Million |
| 2012 | 14.59% | 15.39% | 0.52x | 1.81x | $326.14 Million |
| 2013 | 9.81% | 11.05% | 0.48x | 1.84x | $-12.85 Million |
| 2014 | 7.45% | 8.69% | 0.41x | 2.08x | $-157.57 Million |
| 2015 | 9.15% | 17.92% | 0.25x | 2.04x | $-56.41 Million |
| 2016 | 2.32% | 4.36% | 0.26x | 2.01x | $-523.53 Million |
| 2017 | 10.26% | 15.80% | 0.33x | 1.94x | $18.76 Million |
| 2018 | 7.39% | 11.49% | 0.34x | 1.92x | $-192.24 Million |
| 2019 | 6.79% | 10.10% | 0.34x | 1.98x | $-236.97 Million |
| 2020 | 6.53% | 9.87% | 0.31x | 2.14x | $-268.66 Million |
| 2021 | 15.45% | 17.27% | 0.43x | 2.07x | $455.18 Million |
| 2022 | 17.77% | 26.15% | 0.32x | 2.11x | $670.25 Million |
| 2023 | 9.33% | 13.20% | 0.32x | 2.19x | $-60.09 Million |
| 2024 | 8.77% | 12.54% | 0.29x | 2.39x | $-116.82 Million |
Industry Comparison
This section compares Antofagasta PLC's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $716,577,425
- Average return on equity (ROE) among peers: -151.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Antofagasta PLC (ANFGF) | $13.57 Billion | 20.51% | 0.77x | $6.24 Billion |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |