Q2 METALS CORP. (458) - Net Assets
Based on the latest financial reports, Q2 METALS CORP. (458) has net assets worth €138.76 Million EUR (≈ $162.23 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€148.13 Million ≈ $173.18 Million USD) and total liabilities (€9.36 Million ≈ $10.95 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 Q2 METALS CORP. (458) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €138.76 Million |
| % of Total Assets | 93.68% |
| Annual Growth Rate | 100.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.08 |
Q2 METALS CORP. - Net Assets Trend (2022–2026)
This chart illustrates how Q2 METALS CORP.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Q2 METALS CORP. stock valuation.
Annual Net Assets for Q2 METALS CORP. (2022–2026)
The table below shows the annual net assets of Q2 METALS CORP. from 2022 to 2026. Also explore Q2 METALS CORP. net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | €74.31 Million ≈ $86.87 Million |
+58.82% |
| 2025-02-28 | €46.79 Million ≈ $54.70 Million |
+74.71% |
| 2024-02-29 | €26.78 Million ≈ $31.31 Million |
+53.39% |
| 2023-02-28 | €17.46 Million ≈ $20.41 Million |
+281.14% |
| 2022-02-28 | €4.58 Million ≈ $5.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Q2 METALS 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 decreased by 2080508500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €104.68 Million | 140.83% |
| Total Equity | €74.33 Million | 100.00% |
Q2 METALS CORP. Competitors by Market Cap
The table below lists competitors of Q2 METALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Biosciences of California
NASDAQ:PACB
|
$400.97 Million |
|
Shenzhen Genvict Technologies Co Ltd
SHE:002869
|
$401.01 Million |
|
Hangzhou Innover Technology Co Ltd
SHE:002767
|
$401.02 Million |
|
Forrestania Resources Ltd
AU:FRS
|
$401.17 Million |
|
Unico Silver Ltd
AU:USL
|
$400.91 Million |
|
Shanghai Trendzone Decor Grp
SHG:603030
|
$400.83 Million |
|
Jiangsu Canopus Wisdom Medical Technology Co. Ltd. A
SHE:301290
|
$400.62 Million |
|
Wei Long Grape Wine Co Ltd
SHG:603779
|
$400.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Q2 METALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 46,619,675 to 74,330,342, a change of 27,710,667 (59.4%).
- Net loss of 13,274,880 reduced equity.
- New share issuances of 24,438,503 increased equity.
- Other factors increased equity by 16,547,044.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-13.27 Million | -17.86% |
| Share Issuances | €24.44 Million | +32.88% |
| Other Changes | €16.55 Million | +22.26% |
| Total Change | €- | 59.44% |
Book Value vs Market Value Analysis
This analysis compares Q2 METALS 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: 3.77x
- 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 13.10x to 3.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-02-28 | €0.11 | €1.43 | x |
| 2023-02-28 | €0.23 | €1.43 | x |
| 2024-02-29 | €0.30 | €1.43 | x |
| 2025-02-28 | €0.32 | €1.43 | x |
| 2026-02-28 | €0.38 | €1.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Q2 METALS 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): -17.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (-17.86%) is above the historical average (-18.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -51.01% | 0.00% | 0.00x | 1.08x | €-2.69 Million |
| 2023 | -10.97% | 0.00% | 0.00x | 1.12x | €-3.63 Million |
| 2024 | -0.73% | 0.00% | 0.00x | 1.08x | €-2.86 Million |
| 2025 | -11.69% | 0.00% | 0.00x | 1.05x | €-10.11 Million |
| 2026 | -17.86% | 0.00% | 0.00x | 1.12x | €-20.71 Million |
Industry Comparison
This section compares Q2 METALS CORP.'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: $35,391,591
- Average return on equity (ROE) among peers: -40.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Q2 METALS CORP. (458) | €138.76 Million | -51.01% | 0.07x | $400.94 Million |
| Scandium International Mining Corp (0E6) | $1.09 Million | 77.80% | 1.38x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $1.98 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.56 Million | -15.06% | 0.14x | $758.30K |
| Benz Mining Corp (1VU) | $22.89 Million | -32.78% | 0.12x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $7.26 Million | -55.45% | 0.05x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $710.69K | -335.96% | 0.64x | $6.84 Million |
| Alphamin Resources Corp (21L) | $310.73 Million | 15.51% | 0.36x | $1.23 Billion |
| PURANIUM ENERGY LTD. (2DK) | $-93.86K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
About Q2 METALS CORP.
Q2 Metals Corp. engages in the acquisition, exploration, and development of base and precious metals in Canada and Australia. The company explores for lithium and gold projects. Its flagship property consists of the Cisco Lithium Project which comprises of 801 Exclusive Exploration Rights covering an area of 41,253 hectares located in Nemaska Cree Nation, Eeyou Istchee, James Bay, Quebec, Canada.… Read more