Ero Copper Corp Net Assets
Ero Copper Corp net assets. Based on the latest financial reports, Ero Copper Corp (ERO) has net assets worth CA$1.22 Billion CAD (≈ $881.22 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.16 Billion ≈ $1.56 Billion USD) and total liabilities (CA$937.25 Million ≈ $677.99 Million USD). 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. See how leveraged is Ero Copper Corp's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.22 Billion |
| % of Total Assets | 56.52% |
| Annual Growth Rate | 49.99% |
| 5-Year Change | 136.71% |
| 10-Year Change | N/A |
| Growth Volatility | 130.91 |
Net Assets of Ero Copper Corp (2016–2025)
Net assets of Ero Copper Corp from 2016 to 2025. This chart illustrates how Ero Copper Corp's net assets have evolved over time, based on quarterly financial data. Also explore Ero Copper Corp (ERO) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Ero Copper Corp (2016–2025)
The table below shows the annual net assets of Ero Copper Corp from 2016 to 2025. For live market cap and overall valuation, see Ero Copper Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$936.16 Million ≈ $677.20 Million |
+58.38% |
| 2024-12-31 | CA$591.07 Million ≈ $427.57 Million |
-26.97% |
| 2023-12-31 | CA$809.33 Million ≈ $585.46 Million |
+49.28% |
| 2022-12-31 | CA$542.16 Million ≈ $392.19 Million |
+37.09% |
| 2021-12-31 | CA$395.49 Million ≈ $286.09 Million |
+84.74% |
| 2020-12-31 | CA$214.07 Million ≈ $154.86 Million |
+7.54% |
| 2019-12-31 | CA$199.06 Million ≈ $144.00 Million |
+91.73% |
| 2018-12-31 | CA$103.82 Million ≈ $75.10 Million |
-19.98% |
| 2017-12-31 | CA$129.75 Million ≈ $93.86 Million |
+432.33% |
| 2016-12-31 | CA$24.37 Million ≈ $17.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ero Copper 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 74646861500.0% over the analyzed period, indicating profitable operations and earnings retention.
Ero Copper Corp Net Assets Breakdown (December 2025)
Ero Copper Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$743.42 Million | 79.61% |
| Common Stock | CA$297.95 Million | 31.91% |
| Other Comprehensive Income | CA$-114.86 Million | -12.30% |
| Other Components | CA$7.32 Million | 0.78% |
| Total Equity | CA$933.83 Million | 100.00% |
Ero Copper Corp Competitors by Market Cap
The table below lists competitors of Ero Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crane NXT Co
NYSE:CXT
|
$3.07 Billion |
|
Samsung Card Co. Ltd.
KO:029780
|
$3.07 Billion |
|
Bucher Industries AG
SW:BUCN
|
$3.07 Billion |
|
Zhende Medical Co Ltd
SHG:603301
|
$3.07 Billion |
|
First Hawaiian Inc
NASDAQ:FHB
|
$3.07 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$3.07 Billion |
|
Hilton Grand Vacations Inc
NYSE:HGV
|
$3.07 Billion |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
$3.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ero Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 587,131,000 to 933,830,469, a change of 346,699,469 (59.0%).
- Net income of 268,339,611 contributed positively to equity growth.
- Share repurchases of 7,249,000 reduced equity.
- Other comprehensive income increased equity by 65,611,411.
- Other factors increased equity by 19,997,447.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$268.34 Million | +28.74% |
| Share Repurchases | CA$7.25 Million | -0.78% |
| Other Comprehensive Income | CA$65.61 Million | +7.03% |
| Other Changes | CA$20.00 Million | +2.14% |
| Total Change | CA$- | 59.05% |
Book Value vs Market Value Analysis
This analysis compares Ero Copper 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: 4.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 79.65x to 4.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CA$0.51 | CA$40.67 | x |
| 2017-12-31 | CA$1.97 | CA$40.67 | x |
| 2018-12-31 | CA$1.23 | CA$40.67 | x |
| 2019-12-31 | CA$2.17 | CA$40.67 | x |
| 2020-12-31 | CA$2.31 | CA$40.67 | x |
| 2021-12-31 | CA$4.32 | CA$40.67 | x |
| 2022-12-31 | CA$5.84 | CA$40.67 | x |
| 2023-12-31 | CA$8.48 | CA$40.67 | x |
| 2024-12-31 | CA$5.65 | CA$40.67 | x |
| 2025-12-31 | CA$8.97 | CA$40.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ero Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.56%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.06x
- Recent ROE (28.74%) is above the historical average (16.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -18.04% | 0.00% | 0.00x | 12.83x | CA$-6.95 Million |
| 2017 | 17.28% | 15.16% | 0.39x | 2.93x | CA$9.47 Million |
| 2018 | -3.05% | -1.35% | 0.65x | 3.48x | CA$-13.51 Million |
| 2019 | 46.35% | 32.26% | 0.62x | 2.33x | CA$72.06 Million |
| 2020 | 24.27% | 15.93% | 0.65x | 2.34x | CA$30.35 Million |
| 2021 | 51.15% | 41.04% | 0.71x | 1.75x | CA$161.75 Million |
| 2022 | 18.91% | 23.88% | 0.36x | 2.21x | CA$47.97 Million |
| 2023 | 11.54% | 21.71% | 0.28x | 1.88x | CA$12.38 Million |
| 2024 | -11.66% | -14.56% | 0.32x | 2.48x | CA$-127.19 Million |
| 2025 | 28.74% | 33.56% | 0.42x | 2.06x | CA$174.96 Million |
Industry Comparison
This section compares Ero Copper Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,422,606,507
- Average return on equity (ROE) among peers: -47.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ero Copper Corp (ERO) | CA$1.22 Billion | -18.04% | 0.77x | $3.07 Billion |
| Amerigo Resources Ltd. (ARG) | $110.68 Million | 5.48% | 1.15x | $897.19 Million |
| Aranjin Resources Ltd (ARJN) | $-188.82K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $44.08 Million | -38.68% | 0.23x | $652.36 Million |
| Bell Copper Corp (BCU) | $273.06K | -68.48% | 15.65x | $7.33 Million |
| Capstone Mining Corp (CS) | $3.46 Billion | 2.40% | 0.84x | $6.07 Billion |
| Copper Fox Metals Inc. (CUU) | $82.21 Million | -1.36% | 0.02x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $17.01 Million | -17.08% | 0.05x | $264.81 Million |
| Faraday Copper Corp. (FDY) | $40.38K | -314.06% | 0.72x | $819.44 Million |
| First Quantum Minerals Ltd (FM) | $9.09 Billion | 5.05% | 0.70x | $19.67 Billion |
About Ero Copper Corp
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. Its flagship asset includes Caraíba operations that comprise the production and sale of copper concentrates located in Bahia State, Brazil, as well as gold and silver produced and sold as by-products. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.