Alphamin Res
Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrate. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp. in October 2008. The company was incorporated in 1981 and is headquartered in Grand Baie… Read more
Alphamin Res (AFM) - Net Assets
Latest net assets as of June 2025: CA$457.39 Million CAD
Based on the latest financial reports, Alphamin Res (AFM) has net assets worth CA$457.39 Million CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$606.57 Million) and total liabilities (CA$149.18 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 | CA$457.39 Million |
| % of Total Assets | 75.41% |
| Annual Growth Rate | 29.19% |
| 5-Year Change | 97.07% |
| 10-Year Change | 443.85% |
| Growth Volatility | 44.53 |
Alphamin Res - Net Assets Trend (2000–2024)
This chart illustrates how Alphamin Res's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alphamin Res (2000–2024)
The table below shows the annual net assets of Alphamin Res from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$390.07 Million | +6.72% |
| 2023-12-31 | CA$365.51 Million | -0.52% |
| 2022-12-31 | CA$367.40 Million | +18.24% |
| 2021-12-31 | CA$310.73 Million | +56.99% |
| 2020-12-31 | CA$197.93 Million | +13.37% |
| 2019-12-31 | CA$174.59 Million | +11.32% |
| 2018-12-31 | CA$156.83 Million | +54.08% |
| 2017-12-31 | CA$101.79 Million | +25.79% |
| 2016-12-31 | CA$80.92 Million | +12.82% |
| 2015-12-31 | CA$71.72 Million | +14.23% |
| 2014-12-31 | CA$62.79 Million | +12.02% |
| 2013-12-31 | CA$56.05 Million | +43.45% |
| 2012-12-31 | CA$39.07 Million | +99.97% |
| 2011-12-31 | CA$19.54 Million | +12950.31% |
| 2010-12-31 | CA$-152.06K | -112.24% |
| 2009-12-31 | CA$1.24 Million | +17.04% |
| 2008-12-31 | CA$1.06 Million | +2.82% |
| 2007-12-31 | CA$1.03 Million | -16.85% |
| 2006-12-31 | CA$1.24 Million | +32.07% |
| 2005-12-31 | CA$939.72K | +41.53% |
| 2004-12-31 | CA$663.99K | +64.60% |
| 2003-12-31 | CA$403.39K | +48.22% |
| 2002-12-31 | CA$272.15K | +70.30% |
| 2001-12-31 | CA$159.81K | -80.87% |
| 2000-12-31 | CA$835.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alphamin Res'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 5078148765.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$47.86 Million | 14.35% |
| Other Components | CA$285.68 Million | 85.65% |
| Total Equity | CA$333.54 Million | 100.00% |
Alphamin Res Competitors by Market Cap
The table below lists competitors of Alphamin Res ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DFDS A/S
OTCGREY:DFDDF
|
$456.81 Million |
|
KIRLOSKAR PNEUMATIC CO LTD
NSE:KIRLPNU
|
$456.82 Million |
|
SEPLF
PINK:SEPLF
|
$456.96 Million |
|
Apacer Technology Inc
TW:8271
|
$456.97 Million |
|
Zhejiang Hangmin Co Ltd
SHG:600987
|
$456.74 Million |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
$456.73 Million |
|
Osisko Development Corp.
NYSE:ODV
|
$456.69 Million |
|
Qingdao Baheal Medical INC.
SHE:301015
|
$456.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alphamin Res's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 312,786,201 to 333,535,020, a change of 20,748,819 (6.6%).
- Net income of 100,776,864 contributed positively to equity growth.
- Dividend payments of 82,917,349 reduced retained earnings.
- Other comprehensive income decreased equity by 9,239,375.
- Other factors increased equity by 12,128,679.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$100.78 Million | +30.21% |
| Dividends Paid | CA$82.92 Million | -24.86% |
| Other Comprehensive Income | CA$-9.24 Million | -2.77% |
| Other Changes | CA$12.13 Million | +3.64% |
| Total Change | CA$- | 6.63% |
Book Value vs Market Value Analysis
This analysis compares Alphamin Res'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: 4.64x
- 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 21.28x to 4.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CA$0.06 | CA$1.21 | x |
| 2001-12-31 | CA$0.01 | CA$1.21 | x |
| 2002-12-31 | CA$0.02 | CA$1.21 | x |
| 2003-12-31 | CA$0.02 | CA$1.21 | x |
| 2004-12-31 | CA$0.04 | CA$1.21 | x |
| 2005-12-31 | CA$0.06 | CA$1.21 | x |
| 2006-12-31 | CA$0.07 | CA$1.21 | x |
| 2007-12-31 | CA$0.05 | CA$1.21 | x |
| 2008-12-31 | CA$0.05 | CA$1.21 | x |
| 2009-12-31 | CA$0.05 | CA$1.21 | x |
| 2010-12-31 | CA$-0.01 | CA$1.21 | x |
| 2011-12-31 | CA$0.52 | CA$1.21 | x |
| 2012-12-31 | CA$0.52 | CA$1.21 | x |
| 2013-12-31 | CA$0.43 | CA$1.21 | x |
| 2014-12-31 | CA$0.24 | CA$1.21 | x |
| 2015-12-31 | CA$0.17 | CA$1.21 | x |
| 2016-12-31 | CA$0.18 | CA$1.21 | x |
| 2017-12-31 | CA$0.18 | CA$1.21 | x |
| 2018-12-31 | CA$0.18 | CA$1.21 | x |
| 2019-12-31 | CA$0.14 | CA$1.21 | x |
| 2020-12-31 | CA$0.16 | CA$1.21 | x |
| 2021-12-31 | CA$0.21 | CA$1.21 | x |
| 2022-12-31 | CA$0.25 | CA$1.21 | x |
| 2023-12-31 | CA$0.24 | CA$1.21 | x |
| 2024-12-31 | CA$0.26 | CA$1.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alphamin Res utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.73x
- Recent ROE (30.21%) is above the historical average (-28.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -19.88% | -24787665.67% | 0.00x | 1.22x | CA$-249.63K |
| 2001 | -280.73% | 0.00% | 0.00x | 1.49x | CA$-464.61K |
| 2002 | -48.58% | -315387.17% | 0.00x | 1.07x | CA$-159.43K |
| 2003 | -62.27% | 0.00% | 0.00x | 1.25x | CA$-291.52K |
| 2004 | -85.41% | 0.00% | 0.00x | 1.22x | CA$-633.52K |
| 2005 | -79.40% | 0.00% | 0.00x | 1.28x | CA$-840.14K |
| 2006 | -29.70% | 0.00% | 0.00x | 1.12x | CA$-492.73K |
| 2007 | -71.86% | 0.00% | 0.00x | 1.17x | CA$-844.74K |
| 2008 | -49.21% | 0.00% | 0.00x | 1.19x | CA$-628.27K |
| 2009 | -26.10% | 0.00% | 0.00x | 1.19x | CA$-448.37K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.41 Million |
| 2011 | -13.38% | 0.00% | 0.00x | 1.03x | CA$-4.57 Million |
| 2012 | -7.43% | 0.00% | 0.00x | 1.04x | CA$-6.81 Million |
| 2013 | -6.90% | 0.00% | 0.00x | 1.01x | CA$-9.47 Million |
| 2014 | -12.66% | 0.00% | 0.00x | 1.01x | CA$-14.23 Million |
| 2015 | -10.35% | 0.00% | 0.00x | 1.17x | CA$-12.72 Million |
| 2016 | -6.19% | 0.00% | 0.00x | 1.17x | CA$-11.32 Million |
| 2017 | -3.27% | 0.00% | 0.00x | 1.47x | CA$-11.12 Million |
| 2018 | -1.04% | 0.00% | 0.00x | 1.95x | CA$-14.56 Million |
| 2019 | 3.43% | 18.29% | 0.09x | 2.19x | CA$-9.54 Million |
| 2020 | -4.58% | -4.20% | 0.63x | 1.73x | CA$-25.04 Million |
| 2021 | 17.55% | 13.66% | 0.84x | 1.53x | CA$20.73 Million |
| 2022 | 31.50% | 25.81% | 0.80x | 1.53x | CA$68.88 Million |
| 2023 | 15.10% | 16.37% | 0.56x | 1.65x | CA$15.94 Million |
| 2024 | 30.21% | 19.09% | 0.91x | 1.73x | CA$67.42 Million |
Industry Comparison
This section compares Alphamin Res'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: $-266,025
- Average return on equity (ROE) among peers: -76.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alphamin Res (AFM) | CA$457.39 Million | -19.88% | 0.33x | $456.79 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |