CNCOF
Core Nickel Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. The company explores for nickel and copper deposits. Core Nickel Corp. was incorporated in 2022 and is headquartered in Saskatoon, Canada.
CNCOF (CNCOF) - Net Assets
Latest net assets as of October 2025: $1.84 Million USD
Based on the latest financial reports, CNCOF (CNCOF) has net assets worth $1.84 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.90 Million) and total liabilities ($56.73K). 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 | $1.84 Million |
| % of Total Assets | 97.01% |
| Annual Growth Rate | 1539111.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9371944935.96 |
CNCOF - Net Assets Trend (2023–2025)
This chart illustrates how CNCOF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CNCOF (2023–2025)
The table below shows the annual net assets of CNCOF from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $2.40 Million | +28.08% |
| 2024-04-30 | $1.87 Million | +18743889900.00% |
| 2023-04-30 | $0.01 | -- |
Equity Component Analysis
This analysis shows how different components contribute to CNCOF'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 319073500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $5.59 Million | 232.91% |
| Total Equity | $2.40 Million | 100.00% |
CNCOF Competitors by Market Cap
The table below lists competitors of CNCOF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Firering Strategic Minerals Plc
LSE:FRG
|
$714.93 |
|
Reeflex Solutions Inc.
V:RFX
|
$715.11 |
|
Filinvest Development Coproration
PSE:FDC
|
$717.41 |
|
BURCON NUTRASCIENCE - Dusseldorf Stock Exchang
DU:BNE
|
$718.34 |
|
Ecomax Inc
PINK:EMAX
|
$714.00 |
|
Merchants Trust PLC
LSE:MRCH
|
$713.07 |
|
THE KINGSBURY PLC
CM:SERVN0000
|
$712.58 |
|
IPE GRP
BE:I3P
|
$711.73 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNCOF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,874,389 to 2,400,648, a change of 526,259 (28.1%).
- Net loss of 2,489,933 reduced equity.
- New share issuances of 3,445,905 increased equity.
- Other factors decreased equity by 429,713.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.49 Million | -103.72% |
| Share Issuances | $3.45 Million | +143.54% |
| Other Changes | $-429.71K | -17.9% |
| Total Change | $- | 28.08% |
Book Value vs Market Value Analysis
This analysis compares CNCOF'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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 189733635.96x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-04-30 | $0.00 | $0.08 | x |
| 2024-04-30 | $0.06 | $0.08 | x |
| 2025-04-30 | $0.05 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNCOF 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): -103.72%
- 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: 1.28x
- Recent ROE (-103.72%) is below the historical average (-70.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | -37.39% | 0.00% | 0.00x | 1.09x | $-888.24K |
| 2025 | -103.72% | 0.00% | 0.00x | 1.28x | $-2.73 Million |
Industry Comparison
This section compares CNCOF'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNCOF (CNCOF) | $1.84 Million | -37.39% | 0.03x | $714.60 |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |