SHMIF
Showcase Minerals Inc. engages in the identification, acquisition, exploration, and development of gold, uranium, silver, and mineral properties in the United States and Canada. The company holds an option to acquire 100% interest in the Pontiac Uranium Project comprising 60 mineral claims in one contiguous block covering approximately 3,461 hectares located near the town of Fort Coulange in Sout… Read more
SHMIF (SHMIF) - Net Assets
Latest net assets as of April 2025: $126.19K USD
Based on the latest financial reports, SHMIF (SHMIF) has net assets worth $126.19K USD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($185.71K) and total liabilities ($59.53K). 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 | $126.19K |
| % of Total Assets | 67.95% |
| Annual Growth Rate | -11.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 145.43 |
SHMIF - Net Assets Trend (2021–2024)
This chart illustrates how SHMIF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SHMIF (2021–2024)
The table below shows the annual net assets of SHMIF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $150.19K | -84.95% |
| 2023-10-31 | $998.03K | +263.55% |
| 2022-10-31 | $274.52K | +25.34% |
| 2021-10-31 | $219.02K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SHMIF'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 242352800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.68 Million | 1787.25% |
| Total Equity | $150.19K | 100.00% |
SHMIF Competitors by Market Cap
The table below lists competitors of SHMIF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tricida Inc
STU:1T7
|
$891.28 |
|
Haviland Enviro Corp.
V:HEC-P
|
$891.93 |
|
EUNISELL INTERLINKED PLC
XNSA:EUNISELL
|
$893.79 |
|
Wealthcraft Capital Inc
PINK:WCCP
|
$894.73 |
|
Riverstone Energy Ltd
LSE:RSE
|
$891.27 |
|
BRITAM HOLDINGS PLC
XNAI:BRITAM
|
$890.63 |
|
abrdn Property Income Trust Ltd.
LSE:API
|
$890.56 |
|
International Digital Holding Inc
PINK:IDIG
|
$890.09 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SHMIF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 998,029 to 150,186, a change of -847,843 (-85.0%).
- Net loss of 1,815,843 reduced equity.
- Other factors increased equity by 968,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.82 Million | -1209.06% |
| Other Changes | $968.00K | +644.53% |
| Total Change | $- | -84.95% |
Book Value vs Market Value Analysis
This analysis compares SHMIF'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: 13.10x
- 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 4.73x to 13.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | $0.02 | $0.09 | x |
| 2022-10-31 | $0.02 | $0.09 | x |
| 2023-10-31 | $0.06 | $0.09 | x |
| 2024-10-31 | $0.01 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SHMIF 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): -1209.06%
- 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: 1.45x
- Recent ROE (-1209.06%) is below the historical average (-340.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -50.44% | 0.00% | 0.00x | 1.07x | $-132.38K |
| 2022 | -58.72% | 0.00% | 0.00x | 1.07x | $-188.65K |
| 2023 | -44.74% | 0.00% | 0.00x | 1.03x | $-546.29K |
| 2024 | -1209.06% | 0.00% | 0.00x | 1.45x | $-1.83 Million |
Industry Comparison
This section compares SHMIF'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 |
|---|---|---|---|---|
| SHMIF (SHMIF) | $126.19K | -50.44% | 0.47x | $891.27 |
| 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 |