Minco Capital Corp
Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. Minco Capital Corp. was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.
Minco Capital Corp (MGHCF) - Net Assets
Latest net assets as of September 2025: $6.85 Million USD
Based on the latest financial reports, Minco Capital Corp (MGHCF) has net assets worth $6.85 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.00 Million) and total liabilities ($152.17K). 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 | $6.85 Million |
| % of Total Assets | 97.83% |
| Annual Growth Rate | 0.02% |
| 5-Year Change | -54.53% |
| 10-Year Change | -67.88% |
| Growth Volatility | 122.91 |
Minco Capital Corp - Net Assets Trend (2003–2024)
This chart illustrates how Minco Capital 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 Minco Capital Corp (2003–2024)
The table below shows the annual net assets of Minco Capital Corp from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.13 Million | -6.90% |
| 2023-12-31 | $5.50 Million | -20.24% |
| 2022-12-31 | $6.90 Million | -28.17% |
| 2021-12-31 | $9.61 Million | -14.75% |
| 2020-12-31 | $11.27 Million | -14.37% |
| 2019-12-31 | $13.16 Million | +13.22% |
| 2018-12-31 | $11.63 Million | -33.79% |
| 2017-12-31 | $17.56 Million | -14.55% |
| 2016-12-31 | $20.55 Million | +28.79% |
| 2015-12-31 | $15.95 Million | +278.15% |
| 2014-12-31 | $4.22 Million | -62.47% |
| 2013-12-31 | $11.24 Million | +6.58% |
| 2012-12-31 | $10.55 Million | -25.63% |
| 2011-12-31 | $14.18 Million | +36.09% |
| 2010-12-31 | $10.42 Million | +16.73% |
| 2009-12-31 | $8.93 Million | +480.92% |
| 2008-12-31 | $1.54 Million | -89.00% |
| 2007-12-31 | $13.97 Million | -14.63% |
| 2006-12-31 | $16.37 Million | +10.46% |
| 2005-12-31 | $14.82 Million | +40.26% |
| 2004-12-31 | $10.57 Million | +106.87% |
| 2003-12-31 | $5.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minco Capital 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 4132413100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $46.45 Million | 906.27% |
| Total Equity | $5.13 Million | 100.00% |
Minco Capital Corp Competitors by Market Cap
The table below lists competitors of Minco Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unfold.vc ASI S.A.
WAR:UNF
|
$1.13 Million |
|
The Planting Hope Company Inc
PINK:MYLKF
|
$1.13 Million |
|
Sagardeep Alloys Limited
NSE:SAGARDEEP
|
$1.13 Million |
|
NT Minerals Ltd
AU:NTM
|
$1.13 Million |
|
Ionic Rare Earths Limited
PINK:IXRRF
|
$1.13 Million |
|
Powerdyne International Inc
PINK:PWDY
|
$1.12 Million |
|
Turbogen Chp
TA:TURB
|
$1.12 Million |
|
TORCHMARK CORP - Dusseldorf Stock Exchang
DU:TMJ
|
$1.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minco Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,504,901 to 5,125,323, a change of -379,578 (-6.9%).
- Net loss of 401,486 reduced equity.
- Share repurchases of 9,640 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-401.49K | -7.83% |
| Share Repurchases | $9.64K | -0.19% |
| Other Changes | $31.55K | +0.62% |
| Total Change | $- | -6.90% |
Book Value vs Market Value Analysis
This analysis compares Minco Capital 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: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.03 | x |
| 2016-12-31 | $0.00 | $0.03 | x |
| 2017-12-31 | $0.35 | $0.03 | x |
| 2018-12-31 | $0.23 | $0.03 | x |
| 2020-12-31 | $0.23 | $0.03 | x |
| 2021-12-31 | $0.21 | $0.03 | x |
| 2022-12-31 | $0.15 | $0.03 | x |
| 2023-12-31 | $0.13 | $0.03 | x |
| 2024-12-31 | $0.12 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minco Capital 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): -7.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.18x
- • Equity Multiplier: 1.04x
- Recent ROE (-7.83%) is below the historical average (-3.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 1.05x | $-510.72K |
| 2004 | 0.00% | 0.00% | 0.00x | 1.34x | $-808.15K |
| 2005 | 0.00% | 0.00% | 0.00x | 1.30x | $-1.23 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 1.03x | $-1.64 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 1.21x | $-1.39 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 5.65x | $-153.68K |
| 2009 | 0.00% | 0.00% | 0.00x | 2.12x | $-655.70K |
| 2010 | 0.00% | 0.00% | 0.00x | 3.00x | $-796.99K |
| 2011 | 7.40% | 0.00% | 0.00x | 1.84x | $-307.64K |
| 2012 | 0.00% | 0.00% | 0.00x | 2.38x | $-810.22K |
| 2013 | -46.12% | 0.00% | 0.00x | 2.38x | $-3.60 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.32 Million |
| 2015 | 90.01% | 0.00% | 0.00x | 1.04x | $12.77 Million |
| 2016 | 35.12% | 0.00% | -0.05x | 1.01x | $5.16 Million |
| 2017 | -18.78% | 0.00% | -0.10x | 1.01x | $-5.05 Million |
| 2018 | -55.04% | 0.00% | -0.46x | 1.01x | $-7.56 Million |
| 2019 | 12.78% | 67.26% | 0.19x | 1.01x | $366.08K |
| 2020 | -17.43% | 0.00% | -0.11x | 1.01x | $-3.09 Million |
| 2021 | -16.90% | 0.00% | -0.11x | 1.02x | $-2.58 Million |
| 2022 | -37.26% | -573.04% | 0.06x | 1.04x | $-3.26 Million |
| 2023 | -25.50% | -699.03% | 0.04x | 1.04x | $-1.95 Million |
| 2024 | -7.83% | 0.00% | -0.18x | 1.04x | $-914.02K |
Industry Comparison
This section compares Minco Capital Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minco Capital Corp (MGHCF) | $6.85 Million | 0.00% | 0.02x | $1.13 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |