Alphamin Res (AFM) - Net Assets
Based on the latest financial reports, Alphamin Res (AFM) has net assets worth CA$457.39 Million CAD (≈ $330.87 Million USD) 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 ≈ $438.79 Million USD) and total liabilities (CA$149.18 Million ≈ $107.92 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. Also explore Alphamin Res balance sheet assets for the complete picture of this company's asset base.
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. Check tangible net worth ratio of Alphamin Res to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Alphamin Res (2000–2024)
The table below shows the annual net assets of Alphamin Res from 2000 to 2024. For live valuation and market cap data, see Alphamin Res stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$390.07 Million ≈ $282.17 Million |
+6.72% |
| 2023-12-31 | CA$365.51 Million ≈ $264.41 Million |
-0.52% |
| 2022-12-31 | CA$367.40 Million ≈ $265.78 Million |
+18.24% |
| 2021-12-31 | CA$310.73 Million ≈ $224.78 Million |
+56.99% |
| 2020-12-31 | CA$197.93 Million ≈ $143.18 Million |
+13.37% |
| 2019-12-31 | CA$174.59 Million ≈ $126.29 Million |
+11.32% |
| 2018-12-31 | CA$156.83 Million ≈ $113.45 Million |
+54.08% |
| 2017-12-31 | CA$101.79 Million ≈ $73.63 Million |
+25.79% |
| 2016-12-31 | CA$80.92 Million ≈ $58.53 Million |
+12.82% |
| 2015-12-31 | CA$71.72 Million ≈ $51.88 Million |
+14.23% |
| 2014-12-31 | CA$62.79 Million ≈ $45.42 Million |
+12.02% |
| 2013-12-31 | CA$56.05 Million ≈ $40.55 Million |
+43.45% |
| 2012-12-31 | CA$39.07 Million ≈ $28.27 Million |
+99.97% |
| 2011-12-31 | CA$19.54 Million ≈ $14.13 Million |
+12950.31% |
| 2010-12-31 | CA$-152.06K ≈ $-109.99K |
-112.24% |
| 2009-12-31 | CA$1.24 Million ≈ $898.37K |
+17.04% |
| 2008-12-31 | CA$1.06 Million ≈ $767.61K |
+2.82% |
| 2007-12-31 | CA$1.03 Million ≈ $746.53K |
-16.85% |
| 2006-12-31 | CA$1.24 Million ≈ $897.78K |
+32.07% |
| 2005-12-31 | CA$939.72K ≈ $679.78K |
+41.53% |
| 2004-12-31 | CA$663.99K ≈ $480.32K |
+64.60% |
| 2003-12-31 | CA$403.39K ≈ $291.80K |
+48.22% |
| 2002-12-31 | CA$272.15K ≈ $196.87K |
+70.30% |
| 2001-12-31 | CA$159.81K ≈ $115.60K |
-80.87% |
| 2000-12-31 | CA$835.50K ≈ $604.39K |
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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 |
|---|---|
|
Kepco Plant S&
KO:051600
|
$1.36 Billion |
|
Nazara Technologies Limited
NSE:NAZARA
|
$1.36 Billion |
|
Wankai New Materials Co. Ltd.
SHE:301216
|
$1.36 Billion |
|
Svitzer Group A/S
CO:SVITZR
|
$1.36 Billion |
|
Nusantara Sawit Sejahtera
JK:NSSS
|
$1.36 Billion |
|
Jilin OLED Material Tech Co Ltd
SHG:688378
|
$1.36 Billion |
|
IMMUNOCORE HLDGS ADS/1
F:6YG
|
$1.36 Billion |
|
Zhejiang Jiahua Energy Chemical Industry Co Ltd
SHG:600273
|
$1.36 Billion |
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: 5.64x
- 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 25.85x to 5.64x 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$1.47 | x |
| 2001-12-31 | CA$0.01 | CA$1.47 | x |
| 2002-12-31 | CA$0.02 | CA$1.47 | x |
| 2003-12-31 | CA$0.02 | CA$1.47 | x |
| 2004-12-31 | CA$0.04 | CA$1.47 | x |
| 2005-12-31 | CA$0.06 | CA$1.47 | x |
| 2006-12-31 | CA$0.07 | CA$1.47 | x |
| 2007-12-31 | CA$0.05 | CA$1.47 | x |
| 2008-12-31 | CA$0.05 | CA$1.47 | x |
| 2009-12-31 | CA$0.05 | CA$1.47 | x |
| 2010-12-31 | CA$-0.01 | CA$1.47 | x |
| 2011-12-31 | CA$0.52 | CA$1.47 | x |
| 2012-12-31 | CA$0.52 | CA$1.47 | x |
| 2013-12-31 | CA$0.43 | CA$1.47 | x |
| 2014-12-31 | CA$0.24 | CA$1.47 | x |
| 2015-12-31 | CA$0.17 | CA$1.47 | x |
| 2016-12-31 | CA$0.18 | CA$1.47 | x |
| 2017-12-31 | CA$0.18 | CA$1.47 | x |
| 2018-12-31 | CA$0.18 | CA$1.47 | x |
| 2019-12-31 | CA$0.14 | CA$1.47 | x |
| 2020-12-31 | CA$0.16 | CA$1.47 | x |
| 2021-12-31 | CA$0.21 | CA$1.47 | x |
| 2022-12-31 | CA$0.25 | CA$1.47 | x |
| 2023-12-31 | CA$0.24 | CA$1.47 | x |
| 2024-12-31 | CA$0.26 | CA$1.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alphamin Res utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.73x
- Recent ROE (30.21%) is above the historical average (-28.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -19.88% | -24787665.67% | 0.00x | 1.22x | CA$-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: $18,695,136
- Average return on equity (ROE) among peers: -29.09%
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 | $1.36 Billion |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $163.11 Million |
| Aton Resources Inc (AAN) | $-1.00 Million | 0.00% | 0.00x | $50.71 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $9.56 Million |
| Asiabasemetals Inc (ABZ) | $-80.45K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $-1.43 Million | 0.00% | 0.00x | $66.13 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $136.41 Million |
| Amarc Resources Ltd. (AHR) | $3.39 Million | -150.56% | 0.01x | $153.22 Million |
| Almonty Industries Inc (AII) | $29.17 Million | -31.05% | 4.18x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $100.24 Million | -2.37% | 0.01x | $374.28 Million |
About 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