Kenmare Resources plc
Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally. The company operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. Its products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon, minera… Read more
Kenmare Resources plc (KMRPF) - Net Assets
Latest net assets as of June 2025: $1.05 Billion USD
Based on the latest financial reports, Kenmare Resources plc (KMRPF) has net assets worth $1.05 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 ($1.24 Billion) and total liabilities ($189.04 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 | $1.05 Billion |
| % of Total Assets | 84.78% |
| Annual Growth Rate | 18.33% |
| 5-Year Change | 28.94% |
| 10-Year Change | 130.61% |
| Growth Volatility | 119.01 |
Kenmare Resources plc - Net Assets Trend (1992–2024)
This chart illustrates how Kenmare Resources 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 Kenmare Resources plc (1992–2024)
The table below shows the annual net assets of Kenmare Resources plc from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.16 Billion | +1.56% |
| 2023-12-31 | $1.14 Billion | +3.05% |
| 2022-12-31 | $1.11 Billion | +19.45% |
| 2021-12-31 | $928.82 Million | +3.14% |
| 2020-12-31 | $900.50 Million | +0.97% |
| 2019-12-31 | $891.83 Million | +5.11% |
| 2018-12-31 | $848.43 Million | +6.57% |
| 2017-12-31 | $796.14 Million | +2.63% |
| 2016-12-31 | $775.77 Million | +54.08% |
| 2015-12-31 | $503.47 Million | -10.85% |
| 2014-12-31 | $564.77 Million | -14.97% |
| 2013-12-31 | $664.21 Million | +9.68% |
| 2012-12-31 | $605.60 Million | +22.26% |
| 2011-12-31 | $495.35 Million | +6.28% |
| 2010-12-31 | $466.10 Million | +109.85% |
| 2009-12-31 | $222.11 Million | -0.46% |
| 2008-12-31 | $223.14 Million | +15.37% |
| 2007-12-31 | $193.42 Million | +5.09% |
| 2006-12-31 | $184.05 Million | +2.39% |
| 2005-12-31 | $179.76 Million | +8.71% |
| 2004-12-31 | $165.35 Million | +140.47% |
| 2003-12-31 | $68.76 Million | +9.71% |
| 2002-12-31 | $62.68 Million | +24.28% |
| 2001-12-31 | $50.43 Million | +10.31% |
| 2000-12-31 | $45.72 Million | +671.21% |
| 1999-12-31 | $5.93 Million | -39.05% |
| 1998-12-31 | $9.73 Million | -12.62% |
| 1997-12-31 | $11.13 Million | -23.57% |
| 1996-12-31 | $14.56 Million | +25.16% |
| 1995-12-31 | $11.64 Million | +7.11% |
| 1994-12-31 | $10.86 Million | +41.12% |
| 1993-12-31 | $7.70 Million | +44.93% |
| 1992-12-31 | $5.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kenmare Resources 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 40195352339.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $385.36 Million | 33.19% |
| Common Stock | $96.90K | 0.01% |
| Other Comprehensive Income | $232.89 Million | 20.06% |
| Other Components | $542.73 Million | 46.74% |
| Total Equity | $1.16 Billion | 100.00% |
Kenmare Resources plc Competitors by Market Cap
The table below lists competitors of Kenmare Resources plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Rike Chemical
SHE:300214
|
$308.68 Million |
|
Dahu Aquaculture Co Ltd
SHG:600257
|
$308.71 Million |
|
Martinrea International Inc
PINK:MRETF
|
$308.73 Million |
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
$308.76 Million |
|
Oneconnect Financial Technology Co
NYSE:OCFT
|
$308.62 Million |
|
Garware Technical Fibres Limited
NSE:GARFIBRES
|
$308.25 Million |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
|
$308.15 Million |
|
Shenzhen AV-Display Co. Ltd.
SHE:300939
|
$308.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kenmare Resources plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,143,291,000 to 1,161,084,000, a change of 17,793,000 (1.6%).
- Net income of 64,891,000 contributed positively to equity growth.
- Dividend payments of 48,118,000 reduced retained earnings.
- Other comprehensive income increased equity by 340,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $64.89 Million | +5.59% |
| Dividends Paid | $48.12 Million | -4.14% |
| Other Comprehensive Income | $340.00K | +0.03% |
| Other Changes | $3.85 Million | +0.33% |
| Total Change | $- | 1.56% |
Book Value vs Market Value Analysis
This analysis compares Kenmare Resources 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: 0.42x
- 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 91.24x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $0.06 | $5.34 | x |
| 1993-12-31 | $0.07 | $5.34 | x |
| 1994-12-31 | $0.10 | $5.34 | x |
| 1995-12-31 | $0.11 | $5.34 | x |
| 1996-12-31 | $0.16 | $5.34 | x |
| 1997-12-31 | $0.12 | $5.34 | x |
| 1998-12-31 | $0.11 | $5.34 | x |
| 1999-12-31 | $0.07 | $5.34 | x |
| 2000-12-31 | $0.50 | $5.34 | x |
| 2001-12-31 | $0.44 | $5.34 | x |
| 2002-12-31 | $0.57 | $5.34 | x |
| 2003-12-31 | $0.76 | $5.34 | x |
| 2004-12-31 | $1.82 | $5.34 | x |
| 2005-12-31 | $1.98 | $5.34 | x |
| 2006-12-31 | $2.03 | $5.34 | x |
| 2007-12-31 | $2.13 | $5.34 | x |
| 2008-12-31 | $2.46 | $5.34 | x |
| 2009-12-31 | $2.45 | $5.34 | x |
| 2010-12-31 | $5.14 | $5.34 | x |
| 2011-12-31 | $5.46 | $5.34 | x |
| 2012-12-31 | $6.67 | $5.34 | x |
| 2013-12-31 | $7.32 | $5.34 | x |
| 2014-12-31 | $6.22 | $5.34 | x |
| 2015-12-31 | $5.55 | $5.34 | x |
| 2016-12-31 | $8.55 | $5.34 | x |
| 2017-12-31 | $8.77 | $5.34 | x |
| 2018-12-31 | $9.35 | $5.34 | x |
| 2019-12-31 | $9.83 | $5.34 | x |
| 2020-12-31 | $9.92 | $5.34 | x |
| 2021-12-31 | $10.23 | $5.34 | x |
| 2022-12-31 | $12.22 | $5.34 | x |
| 2023-12-31 | $11.96 | $5.34 | x |
| 2024-12-31 | $12.74 | $5.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kenmare Resources 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): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.65%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.13x
- Recent ROE (5.59%) is above the historical average (-3.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 0.12% | 0.00% | 0.00x | 1.03x | $-524.89K |
| 1993 | -0.22% | 0.00% | 0.00x | 2.28x | $-622.82K |
| 1994 | -0.92% | 0.00% | 0.00x | 2.40x | $-963.53K |
| 1995 | -9.78% | -72.91% | 0.06x | 2.37x | $-1.98 Million |
| 1996 | -21.16% | -101.62% | 0.11x | 1.98x | $-4.51 Million |
| 1997 | -23.17% | -79.23% | 0.14x | 2.04x | $-3.69 Million |
| 1998 | -19.09% | -40.40% | 0.22x | 2.16x | $-2.83 Million |
| 1999 | -71.13% | -154.92% | 0.42x | 1.10x | $-4.81 Million |
| 2000 | -1.78% | 0.00% | 0.00x | 1.14x | $-5.39 Million |
| 2001 | -2.21% | 0.00% | 0.00x | 1.37x | $-4.87 Million |
| 2002 | 1.86% | 0.00% | 0.00x | 1.31x | $-4.24 Million |
| 2003 | 0.18% | 0.00% | 0.00x | 1.07x | $-6.75 Million |
| 2004 | 0.01% | 0.00% | 0.00x | 1.39x | $-16.51 Million |
| 2005 | 2.61% | 0.00% | 0.00x | 2.05x | $-13.28 Million |
| 2006 | -2.35% | 0.00% | 0.00x | 2.69x | $-22.73 Million |
| 2007 | -4.98% | 0.00% | 0.00x | 2.86x | $-28.97 Million |
| 2008 | 0.15% | 0.00% | 0.00x | 2.64x | $-21.97 Million |
| 2009 | -13.67% | -113.59% | 0.05x | 2.67x | $-52.56 Million |
| 2010 | -3.50% | -17.83% | 0.11x | 1.78x | $-62.94 Million |
| 2011 | 4.78% | 14.15% | 0.19x | 1.74x | $-25.84 Million |
| 2012 | 8.17% | 21.09% | 0.24x | 1.64x | $-11.07 Million |
| 2013 | -6.64% | -32.00% | 0.13x | 1.65x | $-110.54 Million |
| 2014 | -17.85% | -57.82% | 0.18x | 1.73x | $-157.27 Million |
| 2015 | -12.04% | -42.51% | 0.16x | 1.82x | $-110.97 Million |
| 2016 | -1.96% | -11.75% | 0.14x | 1.19x | $-92.80 Million |
| 2017 | 2.43% | 8.85% | 0.23x | 1.19x | $-60.24 Million |
| 2018 | 6.00% | 20.31% | 0.26x | 1.15x | $-33.97 Million |
| 2019 | 5.02% | 16.54% | 0.26x | 1.15x | $-44.38 Million |
| 2020 | 1.86% | 6.44% | 0.23x | 1.27x | $-73.31 Million |
| 2021 | 13.84% | 28.19% | 0.39x | 1.25x | $35.64 Million |
| 2022 | 18.57% | 39.17% | 0.42x | 1.13x | $95.08 Million |
| 2023 | 11.46% | 28.57% | 0.36x | 1.10x | $16.65 Million |
| 2024 | 5.59% | 15.65% | 0.32x | 1.13x | $-51.22 Million |
Industry Comparison
This section compares Kenmare Resources plc'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 |
|---|---|---|---|---|
| Kenmare Resources plc (KMRPF) | $1.05 Billion | 0.12% | 0.18x | $308.63 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 |