Québec Nickel Corp
Québec Nickel Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for nickel, copper, cobalt, and platinum group element deposits. The company holds 100% in the Ducros property that comprises 45 contiguous mining claims located in the Val d'Or area of Quebec, Canada. Québec Nickel Corp. was incorporated in 2020 and is headquartered in Vancou… Read more
Québec Nickel Corp (QNICF) - Net Assets
Latest net assets as of December 2025: $1.14 Million USD
Based on the latest financial reports, Québec Nickel Corp (QNICF) has net assets worth $1.14 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 ($1.18 Million) and total liabilities ($35.68K). 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 | $1.14 Million |
| % of Total Assets | 96.96% |
| Annual Growth Rate | -1.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 194.97 |
Québec Nickel Corp - Net Assets Trend (2021–2025)
This chart illustrates how Québec Nickel 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 Québec Nickel Corp (2021–2025)
The table below shows the annual net assets of Québec Nickel Corp from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.32 Million | -90.49% |
| 2024-03-31 | $13.88 Million | +10.41% |
| 2023-03-31 | $12.57 Million | +69.34% |
| 2022-03-31 | $7.42 Million | +426.89% |
| 2021-03-31 | $1.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Québec Nickel 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 1595819000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $17.38 Million | 1316.88% |
| Total Equity | $1.32 Million | 100.00% |
Québec Nickel Corp Competitors by Market Cap
The table below lists competitors of Québec Nickel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Faisal Islamic Bank of Egypt - In US Dollars
EGX:FAITA
|
$198.45 |
|
The Arab Ceramic CO.- Ceramica Remas
EGX:CERA
|
$199.15 |
|
Oa Capital Corp.
V:OAC-P
|
$199.17 |
|
BlackRock Frontiers Investment Trust plc
LSE:BRFI
|
$201.49 |
|
First Punjab Modaraba
KAR:FPJM
|
$198.11 |
|
Sinar Terang Mandiri PT Tbk
JK:MINE
|
$197.92 |
|
Minoan Group
LSE:MIN
|
$197.85 |
|
CHAODA MODERN AGRI
BE:CHA
|
$197.64 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Québec Nickel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,880,757 to 1,319,996, a change of -12,560,761 (-90.5%).
- Net loss of 12,500,989 reduced equity.
- New share issuances of 250,000 increased equity.
- Other factors decreased equity by 309,772.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.50 Million | -947.05% |
| Share Issuances | $250.00K | +18.94% |
| Other Changes | $-309.77K | -23.47% |
| Total Change | $- | -90.49% |
Book Value vs Market Value Analysis
This analysis compares Québec Nickel 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: 0.22x
- 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.
- The price-to-book ratio has increased from 0.05x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.39 | $0.02 | x |
| 2022-03-31 | $1.04 | $0.02 | x |
| 2023-03-31 | $1.09 | $0.02 | x |
| 2024-03-31 | $1.20 | $0.02 | x |
| 2025-03-31 | $0.10 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Québec Nickel 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): -947.05%
- 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 (-947.05%) is below the historical average (-247.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -38.61% | 0.00% | 0.00x | 1.24x | $-3.61 Million |
| 2023 | -15.06% | 0.00% | 0.00x | 1.41x | $-3.15 Million |
| 2024 | 9.39% | 0.00% | 0.00x | 1.12x | $-84.72K |
| 2025 | -947.05% | 0.00% | 0.00x | 1.04x | $-12.63 Million |
Industry Comparison
This section compares Québec Nickel Corp'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 |
|---|---|---|---|---|
| Québec Nickel Corp (QNICF) | $1.14 Million | -38.61% | 0.03x | $198.39 |
| 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 |