Res Robex Inc
Robex Resources Inc. engages in the exploration, development, and production of gold in West Africa. Its principal projects is the Kinerio project covering as area of approximately 470.48 square kilometer located in the prolific Siguiri Basin, Guinea; and the Nampala project located in Republic of Mali. The company was incorporated in 1985 and is headquartered in Québec, Canada.
Res Robex Inc (RBX) - Net Assets
Latest net assets as of September 2025: CA$433.68 Million CAD
Based on the latest financial reports, Res Robex Inc (RBX) has net assets worth CA$433.68 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$784.92 Million) and total liabilities (CA$351.24 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$433.68 Million |
| % of Total Assets | 55.25% |
| Annual Growth Rate | 19.1% |
| 5-Year Change | 176.68% |
| 10-Year Change | 517.65% |
| Growth Volatility | 37.78 |
Res Robex Inc - Net Assets Trend (2001–2024)
This chart illustrates how Res Robex Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Res Robex Inc (2001–2024)
The table below shows the annual net assets of Res Robex Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$252.44 Million | +37.14% |
| 2023-12-31 | CA$184.07 Million | -6.35% |
| 2022-12-31 | CA$196.55 Million | +99.25% |
| 2021-12-31 | CA$98.65 Million | +8.12% |
| 2020-12-31 | CA$91.24 Million | +25.54% |
| 2019-12-31 | CA$72.68 Million | +27.69% |
| 2018-12-31 | CA$56.92 Million | +30.94% |
| 2017-12-31 | CA$43.47 Million | +54.22% |
| 2016-12-31 | CA$28.19 Million | -31.04% |
| 2015-12-31 | CA$40.87 Million | +135.61% |
| 2014-12-31 | CA$17.35 Million | -36.42% |
| 2013-12-31 | CA$27.28 Million | +5.60% |
| 2012-12-31 | CA$25.84 Million | +47.78% |
| 2011-12-31 | CA$17.48 Million | +26.33% |
| 2010-12-31 | CA$13.84 Million | +8.38% |
| 2009-12-31 | CA$12.77 Million | +11.43% |
| 2008-12-31 | CA$11.46 Million | -7.92% |
| 2007-12-31 | CA$12.44 Million | +7.24% |
| 2006-12-31 | CA$11.60 Million | +26.27% |
| 2005-12-31 | CA$9.19 Million | +18.42% |
| 2004-12-31 | CA$7.76 Million | +67.84% |
| 2003-12-31 | CA$4.62 Million | -5.92% |
| 2002-12-31 | CA$4.92 Million | +8.47% |
| 2001-12-31 | CA$4.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Res Robex Inc'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 4311597700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$36.66 Million | 14.39% |
| Other Components | CA$218.08 Million | 85.61% |
| Total Equity | CA$254.74 Million | 100.00% |
Res Robex Inc Competitors by Market Cap
The table below lists competitors of Res Robex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scandinavian Tobacco Group A/S
PINK:SNDVF
|
$858.64 Million |
|
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd
SHG:601528
|
$858.70 Million |
|
Puuilo Oyj
HE:PUUILO
|
$859.36 Million |
|
Kaken Pharmaceutical Co. Ltd
PINK:KKPCF
|
$859.70 Million |
|
First Mid Illinois Bancshares Inc
NASDAQ:FMBH
|
$857.95 Million |
|
GREENCOAT RENEWAB.EO-01
F:GRP
|
$857.86 Million |
|
Jamieson Wellness Inc
PINK:JWLLF
|
$857.83 Million |
|
First Advantage Corp
NASDAQ:FA
|
$857.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Res Robex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 183,686,947 to 254,741,009, a change of 71,054,062 (38.7%).
- Net loss of 11,583,639 reduced equity.
- Dividend payments of 1,577,118 reduced retained earnings.
- New share issuances of 126,499,890 increased equity.
- Other comprehensive income decreased equity by 12,824,574.
- Other factors decreased equity by 29,460,497.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-11.58 Million | -4.55% |
| Dividends Paid | CA$1.58 Million | -0.62% |
| Share Issuances | CA$126.50 Million | +49.66% |
| Other Comprehensive Income | CA$-12.82 Million | -5.03% |
| Other Changes | CA$-29.46 Million | -11.56% |
| Total Change | CA$- | 38.68% |
Book Value vs Market Value Analysis
This analysis compares Res Robex Inc'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: 3.64x
- 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 increased from 3.30x to 3.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$1.86 | CA$6.13 | x |
| 2002-12-31 | CA$1.94 | CA$6.13 | x |
| 2003-12-31 | CA$1.69 | CA$6.13 | x |
| 2004-12-31 | CA$1.87 | CA$6.13 | x |
| 2005-12-31 | CA$2.11 | CA$6.13 | x |
| 2006-12-31 | CA$1.96 | CA$6.13 | x |
| 2007-12-31 | CA$1.87 | CA$6.13 | x |
| 2008-12-31 | CA$1.60 | CA$6.13 | x |
| 2009-12-31 | CA$1.40 | CA$6.13 | x |
| 2010-12-31 | CA$1.12 | CA$6.13 | x |
| 2011-12-31 | CA$1.06 | CA$6.13 | x |
| 2012-12-31 | CA$1.28 | CA$6.13 | x |
| 2013-12-31 | CA$0.99 | CA$6.13 | x |
| 2014-12-31 | CA$0.62 | CA$6.13 | x |
| 2015-12-31 | CA$0.73 | CA$6.13 | x |
| 2016-12-31 | CA$0.50 | CA$6.13 | x |
| 2017-12-31 | CA$0.75 | CA$6.13 | x |
| 2018-12-31 | CA$0.97 | CA$6.13 | x |
| 2019-12-31 | CA$1.24 | CA$6.13 | x |
| 2020-12-31 | CA$1.50 | CA$6.13 | x |
| 2021-12-31 | CA$1.61 | CA$6.13 | x |
| 2022-12-31 | CA$3.02 | CA$6.13 | x |
| 2023-12-31 | CA$2.05 | CA$6.13 | x |
| 2024-12-31 | CA$1.69 | CA$6.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Res Robex Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.31%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.57x
- Recent ROE (-4.55%) is below the historical average (-4.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -11.56% | -41358.48% | 0.00x | 1.11x | CA$-977.13K |
| 2002 | -9.50% | -16272.13% | 0.00x | 1.10x | CA$-958.52K |
| 2003 | -41.35% | -13635.58% | 0.00x | 1.12x | CA$-2.37 Million |
| 2004 | -11.44% | -963.28% | 0.01x | 1.06x | CA$-1.66 Million |
| 2005 | -12.34% | -1544.70% | 0.01x | 1.08x | CA$-2.05 Million |
| 2006 | -10.18% | -551.04% | 0.02x | 1.05x | CA$-2.34 Million |
| 2007 | -6.50% | -1013.08% | 0.01x | 1.05x | CA$-2.05 Million |
| 2008 | -8.33% | -32458.83% | 0.00x | 1.05x | CA$-2.10 Million |
| 2009 | -3.93% | 0.00% | 0.00x | 1.02x | CA$-1.78 Million |
| 2010 | -3.70% | 0.00% | 0.00x | 1.02x | CA$-1.90 Million |
| 2011 | -20.47% | -22472.17% | 0.00x | 1.05x | CA$-5.33 Million |
| 2012 | -4.46% | -3304.83% | 0.00x | 1.13x | CA$-3.74 Million |
| 2013 | -13.98% | -146866.23% | 0.00x | 1.97x | CA$-6.55 Million |
| 2014 | -59.47% | -551751.26% | 0.00x | 3.65x | CA$-12.32 Million |
| 2015 | 2.73% | 0.00% | 0.00x | 2.13x | CA$-3.01 Million |
| 2016 | -31.72% | 0.00% | 0.00x | 3.04x | CA$-12.07 Million |
| 2017 | 24.82% | 18.97% | 0.57x | 2.28x | CA$6.48 Million |
| 2018 | 18.46% | 13.24% | 0.71x | 1.95x | CA$4.76 Million |
| 2019 | 26.51% | 19.23% | 1.02x | 1.36x | CA$11.88 Million |
| 2020 | 49.49% | 36.92% | 1.03x | 1.30x | CA$35.60 Million |
| 2021 | 16.31% | 15.30% | 0.73x | 1.46x | CA$6.15 Million |
| 2022 | 15.93% | 27.42% | 0.45x | 1.30x | CA$11.46 Million |
| 2023 | -3.61% | -4.93% | 0.50x | 1.45x | CA$-25.01 Million |
| 2024 | -4.55% | -7.31% | 0.40x | 1.57x | CA$-37.06 Million |
Industry Comparison
This section compares Res Robex Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Res Robex Inc (RBX) | CA$433.68 Million | -11.56% | 0.81x | $858.14 Million |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |