CANADA RARE EARTH
CANADA RARE EARTH operates in Diversified Metals & Mining.
CANADA RARE EARTH (P4XA) - Net Assets
Latest net assets as of December 2023: €-441.04K EUR
Based on the latest financial reports, CANADA RARE EARTH (P4XA) has net assets worth €-441.04K EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.17 Million) and total liabilities (€3.61 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 | €-441.04K |
| % of Total Assets | -13.91% |
| Annual Growth Rate | -61.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
CANADA RARE EARTH - Net Assets Trend (2017–2023)
This chart illustrates how CANADA RARE EARTH's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CANADA RARE EARTH (2017–2023)
The table below shows the annual net assets of CANADA RARE EARTH from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | €6.13K | +101.15% |
| 2022-03-31 | €-532.17K | -189.95% |
| 2021-03-31 | €-183.54K | -299.39% |
| 2020-03-31 | €-45.95K | +94.79% |
| 2019-03-31 | €-882.14K | -13.53% |
| 2018-03-31 | €-777.00K | -141.11% |
| 2017-03-31 | €1.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CANADA RARE EARTH'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 decreased by 579922300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €26.61 Million | 434055.15% |
| Total Equity | €6.13K | 100.00% |
CANADA RARE EARTH Competitors by Market Cap
The table below lists competitors of CANADA RARE EARTH ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sack Lunch Productions Inc
PINK:SAKL
|
$106.99 |
|
ContraFect Corporation
PINK:CFRXQ
|
$107.00 |
|
Marcventures Holdings Inc
PSE:MARC
|
$107.08 |
|
Hinto Energy Inc
PINK:HENI
|
$107.14 |
|
CHAMPION BREWERIES PLC
XNSA:CHAMPION
|
$106.57 |
|
Energroup Holdings Corp
PINK:ENHD
|
$106.45 |
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
$105.78 |
|
Greenbrook TMS Inc
PINK:GBNHF
|
$105.74 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CANADA RARE EARTH's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -532,174 to 6,130, a change of 538,304.
- Net income of 171,267 contributed positively to equity growth.
- New share issuances of 103,870 increased equity.
- Other factors increased equity by 263,167.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €171.27K | +2793.92% |
| Share Issuances | €103.87K | +1694.45% |
| Other Changes | €263.17K | +4293.1% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares CANADA RARE EARTH'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: 393.79x
- 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 1.02x to 393.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.01 | €0.01 | x |
| 2018-03-31 | €0.00 | €0.01 | x |
| 2019-03-31 | €0.00 | €0.01 | x |
| 2020-03-31 | €0.00 | €0.01 | x |
| 2021-03-31 | €0.00 | €0.01 | x |
| 2022-03-31 | €0.00 | €0.01 | x |
| 2023-03-31 | €0.00 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CANADA RARE EARTH 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): 2793.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.19%
- • Asset Turnover: 2.36x
- • Equity Multiplier: 371.09x
- Recent ROE (2793.92%) is above the historical average (396.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -16.70% | -196.55% | 0.07x | 1.16x | €-504.67K |
| 2018 | 0.00% | -159.84% | 0.89x | 0.00x | €-2.73 Million |
| 2019 | 0.00% | -73.08% | 0.98x | 0.00x | €-703.02K |
| 2020 | 0.00% | -112.92% | 0.39x | 0.00x | €-669.77K |
| 2021 | 0.00% | -52.36% | 2.12x | 0.00x | €-649.64K |
| 2022 | 0.00% | -250.86% | 0.34x | 0.00x | €-976.06K |
| 2023 | 2793.92% | 3.19% | 2.36x | 371.09x | €170.65K |
Industry Comparison
This section compares CANADA RARE EARTH's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CANADA RARE EARTH (P4XA) | €-441.04K | -16.70% | N/A | $106.79 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |