Greenland Resources Inc (MOLY) - Net Assets
Based on the latest financial reports, Greenland Resources Inc (MOLY) has net assets worth CA$11.76 Million CAD (≈ $8.51 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$12.31 Million ≈ $8.90 Million USD) and total liabilities (CA$548.91K ≈ $397.08K 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. Check MOLY intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$11.76 Million |
| % of Total Assets | 95.54% |
| Annual Growth Rate | -15.06% |
| 5-Year Change | -81.85% |
| 10-Year Change | N/A |
| Growth Volatility | 185.57 |
Greenland Resources Inc - Net Assets Trend (2018–2025)
This chart illustrates how Greenland Resources Inc's net assets have evolved over time, based on quarterly financial data. See MOLY days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Greenland Resources Inc (2018–2025)
The table below shows the annual net assets of Greenland Resources Inc from 2018 to 2025. For live valuation and market cap data, see Greenland Resources Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$1.45 Million ≈ $1.05 Million |
-60.79% |
| 2024-03-31 | CA$3.70 Million ≈ $2.68 Million |
+4.53% |
| 2023-03-31 | CA$3.54 Million ≈ $2.56 Million |
+60.06% |
| 2022-03-31 | CA$2.21 Million ≈ $1.60 Million |
-72.33% |
| 2021-03-31 | CA$7.99 Million ≈ $5.78 Million |
+490.06% |
| 2020-03-31 | CA$1.35 Million ≈ $980.09K |
-55.37% |
| 2019-03-31 | CA$3.04 Million ≈ $2.20 Million |
-33.30% |
| 2018-03-31 | CA$4.55 Million ≈ $3.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Greenland Resources 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 decreased by 2356773100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.31 Million | 2019.51% |
| Total Equity | CA$1.45 Million | 100.00% |
Greenland Resources Inc Competitors by Market Cap
The table below lists competitors of Greenland Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
$141.61 Million |
|
Empresas Iansa S.A
SN:IANSA
|
$141.64 Million |
|
Readytech Holdings Ltd
AU:RDY
|
$141.64 Million |
|
Orogen Royalties Inc
V:OGN
|
$141.71 Million |
|
CPE Technology Berhad
KLSE:5317
|
$141.58 Million |
|
HIM International Music
TWO:8446
|
$141.54 Million |
|
Whitehawk Therapeutics, Inc.
NASDAQ:WHWK
|
$141.39 Million |
|
AMA Group Ltd
AU:AMA
|
$141.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenland Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,701,537 to 1,451,345, a change of -2,250,192 (-60.8%).
- Net loss of 4,058,773 reduced equity.
- Other factors increased equity by 1,808,581.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.06 Million | -279.66% |
| Other Changes | CA$1.81 Million | +124.61% |
| Total Change | CA$- | -60.79% |
Book Value vs Market Value Analysis
This analysis compares Greenland Resources 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: 122.83x
- 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 32.08x to 122.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | CA$0.05 | CA$1.49 | x |
| 2019-03-31 | CA$0.03 | CA$1.49 | x |
| 2020-03-31 | CA$0.01 | CA$1.49 | x |
| 2021-03-31 | CA$0.08 | CA$1.49 | x |
| 2022-03-31 | CA$0.02 | CA$1.49 | x |
| 2023-03-31 | CA$0.03 | CA$1.49 | x |
| 2024-03-31 | CA$0.03 | CA$1.49 | x |
| 2025-03-31 | CA$0.01 | CA$1.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenland Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -279.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.40x
- Recent ROE (-279.66%) is below the historical average (-132.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -30.77% | 0.00% | 0.00x | 1.06x | CA$-1.86 Million |
| 2019 | -56.93% | 0.00% | 0.00x | 1.03x | CA$-2.03 Million |
| 2020 | -127.84% | 0.00% | 0.00x | 1.06x | CA$-1.87 Million |
| 2021 | -17.69% | 0.00% | 0.00x | 1.02x | CA$-2.21 Million |
| 2022 | -269.37% | 0.00% | 0.00x | 1.17x | CA$-6.18 Million |
| 2023 | -105.98% | 0.00% | 0.00x | 1.05x | CA$-4.11 Million |
| 2024 | -170.24% | 0.00% | 0.00x | 1.11x | CA$-6.67 Million |
| 2025 | -279.66% | 0.00% | 0.00x | 1.40x | CA$-4.20 Million |
Industry Comparison
This section compares Greenland Resources Inc'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: $26,192,690
- Average return on equity (ROE) among peers: -63.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenland Resources Inc (MOLY) | CA$11.76 Million | -30.77% | 0.05x | $141.58 Million |
| Aftermath Silver Ltd (AAG) | $26.16 Million | -23.42% | 0.41x | $192.76 Million |
| Aton Resources Inc (AAN) | $-2.31 Million | 0.00% | 0.00x | $40.57 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $9.21 Million |
| Asiabasemetals Inc (ABZ) | $262.22K | -168.47% | 0.12x | $2.91 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $663.99K | -85.41% | 0.22x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $143.14 Million |
| Amarc Resources Ltd. (AHR) | $763.11K | -243.05% | 0.34x | $164.63 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $430.78 Million |
About Greenland Resources Inc
Greenland Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral projects in Greenland. Its flagship project is the 100% owned Malmbjerg molybdenum and magnesium project covering an area of 82 square kilometer located in eastern Greenland. The company was formerly known as Primera Bioscience Research Inc. and changed its name to Greenland Resources I… Read more