Highlander Silver Corp. (9LM) - Net Assets
Based on the latest financial reports, Highlander Silver Corp. (9LM) has net assets worth €111.26 Million EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€115.46 Million) and total liabilities (€4.20 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 | €111.26 Million |
| % of Total Assets | 96.36% |
| Annual Growth Rate | 173.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6841.43 |
Highlander Silver Corp. - Net Assets Trend (2022–2025)
This chart illustrates how Highlander Silver Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Highlander Silver Corp. (2022–2025)
The table below shows the annual net assets of Highlander Silver Corp. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €111.26 Million | +916.44% |
| 2024-09-30 | €10.95 Million | +14895.12% |
| 2023-09-30 | €73.00K | -98.65% |
| 2022-09-30 | €5.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highlander Silver 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 2157615300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €135.62 Million | 121.89% |
| Total Equity | €111.26 Million | 100.00% |
Highlander Silver Corp. Competitors by Market Cap
The table below lists competitors of Highlander Silver Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Top Energy Shanxi Co Ltd
SHG:600780
|
$1.11 Billion |
|
COMER INDS S.P.A.
F:X5Q
|
$1.11 Billion |
|
Shanghai Tongji Science&Technology Industrial Co Ltd
SHG:600846
|
$1.11 Billion |
|
Zhejiang EV-Tech Co.,Ltd.
SHE:301607
|
$1.11 Billion |
|
Lindblad Expeditions Holdings Inc
NASDAQ:LIND
|
$1.11 Billion |
|
Shanghai Sinotec Co Ltd
SHG:603121
|
$1.11 Billion |
|
Guangdong Leadyo IC Testing Co. Ltd. A
SHG:688135
|
$1.11 Billion |
|
Nine Entertainment Co. Holdings Ltd
AU:NEC
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highlander Silver Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,945,987 to 111,259,460, a change of 100,313,473 (916.4%).
- Net loss of 13,088,973 reduced equity.
- New share issuances of 111,854,075 increased equity.
- Other factors increased equity by 1,548,371.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-13.09 Million | -11.76% |
| Share Issuances | €111.85 Million | +100.53% |
| Other Changes | €1.55 Million | +1.39% |
| Total Change | €- | 916.44% |
Book Value vs Market Value Analysis
This analysis compares Highlander Silver 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: 6.46x
- 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 31.36x to 6.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | €0.18 | €5.59 | x |
| 2023-09-30 | €0.00 | €5.59 | x |
| 2024-09-30 | €0.13 | €5.59 | x |
| 2025-09-30 | €0.87 | €5.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highlander Silver 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): -11.76%
- 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: 1.04x
- Recent ROE (-11.76%) is above the historical average (-1913.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -13.27% | 0.00% | 0.00x | 1.05x | €-1.26 Million |
| 2023 | -7602.40% | 0.00% | 0.00x | 4.22x | €-5.56 Million |
| 2024 | -28.19% | 0.00% | 0.00x | 1.39x | €-4.18 Million |
| 2025 | -11.76% | 0.00% | 0.00x | 1.04x | €-24.21 Million |
Industry Comparison
This section compares Highlander Silver Corp.'s net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $16,307,472
- Average return on equity (ROE) among peers: -22.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highlander Silver Corp. (9LM) | €111.26 Million | -13.27% | 0.04x | $1.11 Billion |
| 6ZF (6ZF) | $14.41 Million | -18.81% | 0.19x | $148.68 Million |
| SILVER HAMMER MINING CORP (7BW0) | $9.16 Million | -9.75% | 0.05x | $6.08 Million |
| C0X (C0X) | $25.34 Million | -38.25% | 0.02x | $120.38 Million |
About Highlander Silver Corp.
Highlander Silver Corp. engages in acquisition, exploration, and evaluation of mineral properties in Peru. It explores for gold and silver deposits. The company's flagship property is the La Estrella property in central Peru. Highlander Silver Corp. is headquartered in Toronto, Canada.