Veris Gold Corp
Yangzijiang Financial Holding Ltd., an investment holding company, engages in the investment-related activities in the People's Republic of China and Singapore. The company offers investment management services, including debt, direct, venture capital, and fund investments; fund management; and wealth management services, as well as investment advisory and micro-finance services. It also engages … Read more
Veris Gold Corp (YNGFF) - Net Assets
Latest net assets as of June 2025: $4.02 Billion USD
Based on the latest financial reports, Veris Gold Corp (YNGFF) has net assets worth $4.02 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 ($4.22 Billion) and total liabilities ($201.89 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 | $4.02 Billion |
| % of Total Assets | 95.22% |
| Annual Growth Rate | 34.82% |
| 5-Year Change | -9.61% |
| 10-Year Change | 4159.02% |
| Growth Volatility | 2745.35 |
Veris Gold Corp - Net Assets Trend (2005–2024)
This chart illustrates how Veris Gold 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 Veris Gold Corp (2005–2024)
The table below shows the annual net assets of Veris Gold Corp from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.22 Billion | +7.90% |
| 2023-12-31 | $3.91 Billion | +1.03% |
| 2022-12-31 | $3.87 Billion | -8.83% |
| 2021-12-31 | $4.25 Billion | -9.06% |
| 2020-12-31 | $4.67 Billion | +9950.32% |
| 2013-12-31 | $46.48 Million | -52.88% |
| 2012-12-31 | $98.66 Million | +13.21% |
| 2011-12-31 | $87.15 Million | +223.06% |
| 2010-12-31 | $-70.82 Million | -171.42% |
| 2009-12-31 | $99.15 Million | -18.97% |
| 2008-12-31 | $122.37 Million | -40.04% |
| 2007-12-31 | $204.07 Million | +697.65% |
| 2006-12-31 | $25.58 Million | +76.95% |
| 2005-12-31 | $14.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veris Gold 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 38431300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $384.31 Million | 9.45% |
| Other Components | $3.68 Billion | 90.55% |
| Total Equity | $4.07 Billion | 100.00% |
Veris Gold Corp Competitors by Market Cap
The table below lists competitors of Veris Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vantage Towers AG
PINK:VTWRF
|
$1.16 Billion |
|
Henzhen Zhaowei Machinery And Elect
SHE:003021
|
$1.16 Billion |
|
Live Oak Bancshares, Inc.
NYSE:LOB
|
$1.16 Billion |
|
ORG Packaging Co Ltd
SHE:002701
|
$1.16 Billion |
|
Fila Holdings Corp
KO:081660
|
$1.16 Billion |
|
Dottikon Es Holding AG
SW:DESN
|
$1.16 Billion |
|
GlaxoSmithKline Pharmaceuticals Limited
NSE:GLAXO
|
$1.16 Billion |
|
Jiangsu Wujiang Rural Coml Bk
SHG:603323
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veris Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,836,052,000 to 4,065,855,000, a change of 229,803,000 (6.0%).
- Net income of 304,629,000 contributed positively to equity growth.
- Dividend payments of 82,009,000 reduced retained earnings.
- Share repurchases of 40,243,000 reduced equity.
- Other factors increased equity by 47,426,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $304.63 Million | +7.49% |
| Dividends Paid | $82.01 Million | -2.02% |
| Share Repurchases | $40.24 Million | -0.99% |
| Other Changes | $47.43 Million | +1.17% |
| Total Change | $- | 5.99% |
Book Value vs Market Value Analysis
This analysis compares Veris Gold 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: 0.49x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.00 | $0.57 | x |
| 2011-12-31 | $0.00 | $0.57 | x |
| 2012-12-31 | $0.00 | $0.57 | x |
| 2013-12-31 | $0.00 | $0.57 | x |
| 2020-12-31 | $1.18 | $0.57 | x |
| 2021-12-31 | $1.08 | $0.57 | x |
| 2022-12-31 | $1.05 | $0.57 | x |
| 2023-12-31 | $1.07 | $0.57 | x |
| 2024-12-31 | $1.17 | $0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veris Gold 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): 7.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 140.03%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.09x
- Recent ROE (7.49%) is above the historical average (-7.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 1.15x | $-1.45 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 1.25x | $-2.56 Million |
| 2007 | 0.00% | 0.00% | 0.22x | 1.44x | $-20.41 Million |
| 2008 | 0.00% | 0.00% | 0.25x | 1.64x | $-12.24 Million |
| 2009 | 0.00% | 0.00% | 0.05x | 1.96x | $-9.92 Million |
| 2010 | 0.00% | -266.76% | 0.33x | 0.00x | $-183.31 Million |
| 2011 | 30.27% | 25.10% | 0.32x | 3.76x | $17.67 Million |
| 2012 | -20.29% | -12.47% | 0.46x | 3.53x | $-29.88 Million |
| 2013 | -143.38% | -34.01% | 0.63x | 6.73x | $-71.30 Million |
| 2020 | 6.87% | 74.85% | 0.09x | 1.04x | $-146.11 Million |
| 2021 | 7.70% | 73.38% | 0.10x | 1.04x | $-97.64 Million |
| 2022 | 4.18% | 50.64% | 0.08x | 1.09x | $-225.38 Million |
| 2023 | 5.26% | 62.25% | 0.08x | 1.09x | $-181.81 Million |
| 2024 | 7.49% | 140.03% | 0.05x | 1.09x | $-101.96 Million |
Industry Comparison
This section compares Veris Gold Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veris Gold Corp (YNGFF) | $4.02 Billion | 0.00% | 0.05x | $1.16 Billion |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |