Belo Sun Mining Corp
Belo Sun Mining Corp, through its subsidiaries, operates as a gold exploration and development company in Brazil. Its principle asset is the 100% owned Volta Grande Gold project consisting of four mining concession applications, 7 exploration permits, 64 exploration permits extension submitted, and 4 ratification submitted covering a total area of 157.352 hectares located in the northern region o… Read more
Belo Sun Mining Corp (BSXGF) - Net Assets
Latest net assets as of September 2025: $16.19 Million USD
Based on the latest financial reports, Belo Sun Mining Corp (BSXGF) has net assets worth $16.19 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 ($18.24 Million) and total liabilities ($2.05 Million). 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 | $16.19 Million |
| % of Total Assets | 88.76% |
| Annual Growth Rate | -16.84% |
| 5-Year Change | -60.22% |
| 10-Year Change | N/A |
| Growth Volatility | 7.46 |
Belo Sun Mining Corp - Net Assets Trend (2017–2024)
This chart illustrates how Belo Sun Mining 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 Belo Sun Mining Corp (2017–2024)
The table below shows the annual net assets of Belo Sun Mining Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.23 Million | -19.38% |
| 2023-12-31 | $25.09 Million | -28.80% |
| 2022-12-31 | $35.24 Million | -24.31% |
| 2021-12-31 | $46.55 Million | -8.44% |
| 2020-12-31 | $50.84 Million | -7.07% |
| 2019-12-31 | $54.71 Million | -13.29% |
| 2018-12-31 | $63.09 Million | -14.25% |
| 2017-12-31 | $73.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Belo Sun Mining 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 5341697500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $269.20 Million | 1330.99% |
| Total Equity | $20.23 Million | 100.00% |
Belo Sun Mining Corp Competitors by Market Cap
The table below lists competitors of Belo Sun Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Exacompta Clairefontaine
PA:ALEXA
|
$36.76 Million |
|
TRJNF
PINK:TRJNF
|
$36.76 Million |
|
DEVEX Resources Ltd
AU:DEV
|
$36.77 Million |
|
Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret
IS:ATATP
|
$36.79 Million |
|
Veru Inc
NASDAQ:VERU
|
$36.76 Million |
|
APM Automotive Holdings Bhd
KLSE:5015
|
$36.74 Million |
|
NetSol Technologies Inc
NASDAQ:NTWK
|
$36.73 Million |
|
Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS
IS:PNLSN
|
$36.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Belo Sun Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,088,223 to 20,225,862, a change of -4,862,361 (-19.4%).
- Net loss of 7,288,293 reduced equity.
- New share issuances of 1,166,079 increased equity.
- Other factors increased equity by 1,259,853.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.29 Million | -36.03% |
| Share Issuances | $1.17 Million | +5.77% |
| Other Changes | $1.26 Million | +6.23% |
| Total Change | $- | -19.38% |
Book Value vs Market Value Analysis
This analysis compares Belo Sun Mining 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: 2.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.82x to 2.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.16 | $0.13 | x |
| 2018-12-31 | $0.14 | $0.13 | x |
| 2019-12-31 | $0.12 | $0.13 | x |
| 2020-12-31 | $0.11 | $0.13 | x |
| 2021-12-31 | $0.10 | $0.13 | x |
| 2022-12-31 | $0.08 | $0.13 | x |
| 2023-12-31 | $0.06 | $0.13 | x |
| 2024-12-31 | $0.04 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Belo Sun Mining 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): -36.03%
- 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: 1.15x
- Recent ROE (-36.03%) is below the historical average (-23.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -16.97% | 0.00% | 0.00x | 1.13x | $-19.85 Million |
| 2018 | -12.78% | 0.00% | 0.00x | 1.07x | $-14.37 Million |
| 2019 | -14.59% | 0.00% | 0.00x | 1.08x | $-13.45 Million |
| 2020 | -10.80% | 0.00% | 0.00x | 1.07x | $-10.57 Million |
| 2021 | -13.33% | 0.00% | 0.00x | 1.04x | $-10.86 Million |
| 2022 | -37.89% | 0.00% | 0.00x | 1.04x | $-16.87 Million |
| 2023 | -42.72% | 0.00% | 0.00x | 1.07x | $-13.23 Million |
| 2024 | -36.03% | 0.00% | 0.00x | 1.15x | $-9.31 Million |
Industry Comparison
This section compares Belo Sun Mining Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Belo Sun Mining Corp (BSXGF) | $16.19 Million | -16.97% | 0.13x | $36.76 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |