Eastern Platinum Limited
Eastern Platinum Limited, together with its subsidiaries, mines, explores, and develops platinum group metal and chrome properties in South Africa. The company's PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. It primarily holds a portfolio of assets located on the western and eastern limbs of the Bushveld Complex in South Africa. Eastern Platinum Limited was fo… Read more
Eastern Platinum Limited (ELRFF) - Net Assets
Latest net assets as of September 2025: $68.56 Million USD
Based on the latest financial reports, Eastern Platinum Limited (ELRFF) has net assets worth $68.56 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($173.61 Million) and total liabilities ($105.05 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 | $68.56 Million |
| % of Total Assets | 39.49% |
| Annual Growth Rate | 27.38% |
| 5-Year Change | -9.18% |
| 10-Year Change | -56.91% |
| Growth Volatility | 2802.84 |
Eastern Platinum Limited - Net Assets Trend (1997–2024)
This chart illustrates how Eastern Platinum Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eastern Platinum Limited (1997–2024)
The table below shows the annual net assets of Eastern Platinum Limited from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $73.86 Million | -15.75% |
| 2023-12-31 | $87.67 Million | +22.73% |
| 2022-12-31 | $71.43 Million | -11.10% |
| 2021-12-31 | $80.35 Million | -1.20% |
| 2020-12-31 | $81.33 Million | -13.02% |
| 2019-12-31 | $93.50 Million | +1.61% |
| 2018-12-31 | $92.02 Million | -32.19% |
| 2017-12-31 | $135.69 Million | +2.81% |
| 2016-12-31 | $131.99 Million | -23.00% |
| 2015-12-31 | $171.42 Million | -31.25% |
| 2014-12-31 | $249.33 Million | -39.91% |
| 2013-12-31 | $414.94 Million | -40.27% |
| 2012-12-31 | $694.67 Million | -16.38% |
| 2011-12-31 | $830.77 Million | -20.21% |
| 2010-12-31 | $1.04 Billion | +65.39% |
| 2009-12-31 | $629.51 Million | +23.79% |
| 2008-12-31 | $508.53 Million | -41.83% |
| 2007-12-31 | $874.22 Million | +5.50% |
| 2006-12-31 | $828.63 Million | +59.22% |
| 2005-12-31 | $520.42 Million | +663.75% |
| 2005-06-30 | $68.14 Million | -0.04% |
| 2004-12-31 | $68.17 Million | +96.65% |
| 2003-12-31 | $34.66 Million | +14576.19% |
| 2002-12-31 | $236.19K | -7.85% |
| 2001-12-31 | $256.30K | -9.62% |
| 2000-12-31 | $283.58K | +293.31% |
| 1999-12-31 | $-146.70K | -101.20% |
| 1998-12-31 | $-72.91K | -167.93% |
| 1997-12-31 | $107.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastern Platinum Limited'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 84764492000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.25 Billion | 1677.54% |
| Other Comprehensive Income | $-323.66 Million | -435.75% |
| Other Components | $749.00K | 1.01% |
| Total Equity | $74.28 Million | 100.00% |
Eastern Platinum Limited Competitors by Market Cap
The table below lists competitors of Eastern Platinum Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bintai Kinden Corporation Bhd
KLSE:6998
|
$12.31 Million |
|
DMS S.A. INH. EO 11845
F:DMS1
|
$12.33 Million |
|
Telcon Inc
KQ:200230
|
$12.33 Million |
|
Hookipa Pharma Inc
NASDAQ:HOOK
|
$12.33 Million |
|
Mlk Foods Public Company Ltd
WAR:MLK
|
$12.31 Million |
|
Qingdao Hengshun Zhongsheng
SHE:300208
|
$12.31 Million |
|
Avenira Limited
PINK:MMMKF
|
$12.30 Million |
|
Nanogroup SA
WAR:NNG
|
$12.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Platinum Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,632,340 to 74,276,000, a change of -13,356,340 (-15.2%).
- Net loss of 12,777,000 reduced equity.
- New share issuances of 44,000 increased equity.
- Other comprehensive income decreased equity by 3,113,452.
- Other factors increased equity by 2,490,112.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.78 Million | -17.2% |
| Share Issuances | $44.00K | +0.06% |
| Other Comprehensive Income | $-3.11 Million | -4.19% |
| Other Changes | $2.49 Million | +3.35% |
| Total Change | $- | -15.24% |
Book Value vs Market Value Analysis
This analysis compares Eastern Platinum Limited'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: 0.33x
- 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.
- The price-to-book ratio has decreased from 0.51x to 0.33x 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 | $0.23 | $0.12 | x |
| 1998-12-31 | $-0.15 | $0.12 | x |
| 1999-12-31 | $-0.30 | $0.12 | x |
| 2000-12-31 | $0.58 | $0.12 | x |
| 2001-12-31 | $0.51 | $0.12 | x |
| 2002-12-31 | $0.31 | $0.12 | x |
| 2003-12-31 | $16.93 | $0.12 | x |
| 2004-12-31 | $15.90 | $0.12 | x |
| 2005-12-31 | $24.98 | $0.12 | x |
| 2006-12-31 | $12.24 | $0.12 | x |
| 2007-12-31 | $10.44 | $0.12 | x |
| 2008-12-31 | $6.01 | $0.12 | x |
| 2009-12-31 | $7.39 | $0.12 | x |
| 2010-12-31 | $12.20 | $0.12 | x |
| 2011-12-31 | $7.53 | $0.12 | x |
| 2012-12-31 | $6.28 | $0.12 | x |
| 2013-12-31 | $3.94 | $0.12 | x |
| 2014-12-31 | $2.52 | $0.12 | x |
| 2015-12-31 | $1.78 | $0.12 | x |
| 2016-12-31 | $1.51 | $0.12 | x |
| 2017-12-31 | $1.59 | $0.12 | x |
| 2018-12-31 | $1.19 | $0.12 | x |
| 2019-12-31 | $1.22 | $0.12 | x |
| 2020-12-31 | $1.30 | $0.12 | x |
| 2021-12-31 | $0.90 | $0.12 | x |
| 2022-12-31 | $0.52 | $0.12 | x |
| 2023-12-31 | $0.49 | $0.12 | x |
| 2024-12-31 | $0.37 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Platinum Limited 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): -17.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.44%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.12x
- Recent ROE (-17.20%) is above the historical average (-21.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -340.75% | -53783235.29% | 0.00x | 1.58x | $-376.46K |
| 1998 | 0.00% | -29048529.41% | 0.00x | 0.00x | $-190.24K |
| 1999 | 0.00% | -10947205.88% | 0.00x | 0.00x | $-59.77K |
| 2000 | -14.68% | -3153560.61% | 0.00x | 1.09x | $-69.98K |
| 2001 | -10.47% | 0.00% | 0.00x | 1.01x | $-52.46K |
| 2002 | -22.07% | 0.00% | 0.00x | 1.19x | $-75.75K |
| 2003 | -7.14% | -1325.42% | 0.01x | 1.00x | $-5.94 Million |
| 2004 | -2.85% | 0.00% | 0.00x | 1.04x | $-8.76 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 1.04x | $-6.81 Million |
| 2005 | -0.83% | -33.09% | 0.02x | 1.36x | $-54.87 Million |
| 2006 | -1.28% | -10.15% | 0.10x | 1.25x | $-90.69 Million |
| 2007 | -1.43% | -18.61% | 0.06x | 1.25x | $-97.29 Million |
| 2008 | -42.17% | -182.58% | 0.19x | 1.20x | $-259.03 Million |
| 2009 | 0.91% | 5.07% | 0.16x | 1.14x | $-56.30 Million |
| 2010 | 1.29% | 8.61% | 0.14x | 1.09x | $-90.04 Million |
| 2011 | -9.18% | -67.62% | 0.12x | 1.10x | $-159.97 Million |
| 2012 | -14.21% | -121.49% | 0.11x | 1.05x | $-171.99 Million |
| 2013 | -35.17% | -493.51% | 0.07x | 1.00x | $-201.45 Million |
| 2014 | -43.90% | 0.00% | 0.00x | 0.94x | $-153.50 Million |
| 2015 | -9.75% | 0.00% | 0.00x | 0.92x | $-39.73 Million |
| 2016 | -29.85% | 0.00% | 0.00x | 0.85x | $-67.81 Million |
| 2017 | -4.09% | 0.00% | 0.00x | 0.82x | $-25.37 Million |
| 2018 | -16.24% | -5270.53% | 0.00x | 1.12x | $-35.25 Million |
| 2019 | 0.07% | 0.26% | 0.24x | 1.19x | $-13.72 Million |
| 2020 | -6.35% | -14.20% | 0.34x | 1.30x | $-20.53 Million |
| 2021 | -0.94% | -1.69% | 0.42x | 1.33x | $-13.40 Million |
| 2022 | -3.68% | -5.31% | 0.32x | 2.17x | $-9.83 Million |
| 2023 | 15.70% | 12.87% | 0.67x | 1.83x | $5.00 Million |
| 2024 | -17.20% | -20.44% | 0.40x | 2.12x | $-20.20 Million |
Industry Comparison
This section compares Eastern Platinum Limited's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Platinum Limited (ELRFF) | $68.56 Million | -340.75% | 1.53x | $12.31 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |