Minco Silver Corporation
Minco Silver Corporation engages in the exploration, evaluation, and development of precious metal and other mineral properties and projects. The company explores for silver, gold, lead, and zinc deposits. It primarily holds interests in the Fuwan project exploration permits covering an area of 21.75 square kilometers; and the Changkeng project located to the southwest of Guangzhou City, China. T… Read more
Minco Silver Corporation (MISVF) - Net Assets
Latest net assets as of June 2025: $46.73 Million USD
Based on the latest financial reports, Minco Silver Corporation (MISVF) has net assets worth $46.73 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.77 Million) and total liabilities ($1.04 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 | $46.73 Million |
| % of Total Assets | 97.82% |
| Annual Growth Rate | 11.44% |
| 5-Year Change | -7.14% |
| 10-Year Change | -65.37% |
| Growth Volatility | 56.95 |
Minco Silver Corporation - Net Assets Trend (2005–2024)
This chart illustrates how Minco Silver Corporation'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 Silver Corporation (2005–2024)
The table below shows the annual net assets of Minco Silver Corporation from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $42.50 Million | +0.42% |
| 2023-12-31 | $42.32 Million | -12.15% |
| 2022-12-31 | $48.17 Million | +6.62% |
| 2021-12-31 | $45.18 Million | -1.27% |
| 2020-12-31 | $45.77 Million | +1.62% |
| 2019-12-31 | $45.04 Million | -59.58% |
| 2018-12-31 | $111.44 Million | +2.29% |
| 2017-12-31 | $108.94 Million | -2.13% |
| 2016-12-31 | $111.32 Million | -9.29% |
| 2015-12-31 | $122.71 Million | +54.76% |
| 2014-12-31 | $79.29 Million | -8.63% |
| 2013-12-31 | $86.78 Million | -2.15% |
| 2012-12-31 | $88.69 Million | +2.06% |
| 2011-12-31 | $86.90 Million | +104.88% |
| 2010-12-31 | $42.41 Million | +67.65% |
| 2009-12-31 | $25.30 Million | +95.08% |
| 2008-12-31 | $12.97 Million | -5.30% |
| 2007-12-31 | $13.69 Million | -15.16% |
| 2006-12-31 | $16.14 Million | +197.42% |
| 2005-12-31 | $5.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minco Silver Corporation'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 9613626800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $140.03 Million | 319.02% |
| Total Equity | $43.89 Million | 100.00% |
Minco Silver Corporation Competitors by Market Cap
The table below lists competitors of Minco Silver Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acurx Pharmaceuticals LLC
NASDAQ:ACXP
|
$5.45 Million |
|
M Vest Water A/S
OL:MVW
|
$5.45 Million |
|
Tisdale Clean Energy Corp.
OTCQB:TCEFF
|
$5.45 Million |
|
Cubex Tubings Limited
NSE:CUBEXTUB
|
$5.45 Million |
|
Middle Island Resources Ltd
AU:MDI
|
$5.45 Million |
|
General Environmental Conservation Public Company Limited
BK:GENCO
|
$5.44 Million |
|
Blue Energy Ltd
AU:BLU
|
$5.44 Million |
|
Cosmos Exploration Ltd
AU:C1X
|
$5.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minco Silver Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,670,150 to 43,894,814, a change of 224,664 (0.5%).
- Net loss of 2,050,897 reduced equity.
- Other factors increased equity by 2,275,561.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.05 Million | -4.67% |
| Other Changes | $2.28 Million | +5.18% |
| Total Change | $- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares Minco Silver Corporation'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: 0.20x
- 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 | $0.15 | x |
| 2016-12-31 | $0.00 | $0.15 | x |
| 2017-12-31 | $1.61 | $0.15 | x |
| 2018-12-31 | $1.65 | $0.15 | x |
| 2019-12-31 | $0.76 | $0.15 | x |
| 2020-12-31 | $0.77 | $0.15 | x |
| 2021-12-31 | $0.76 | $0.15 | x |
| 2022-12-31 | $0.81 | $0.15 | x |
| 2023-12-31 | $0.72 | $0.15 | x |
| 2024-12-31 | $0.72 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minco Silver Corporation 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): -4.67%
- 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: 1.02x
- Recent ROE (-4.67%) is above the historical average (-6.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 1.19x | $-542.71K |
| 2006 | 0.00% | 0.00% | 0.00x | 1.10x | $-1.61 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 1.41x | $-1.37 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 1.12x | $-1.30 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 1.09x | $-2.53 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 1.03x | $-4.24 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.01x | $-8.69 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.01x | $-8.87 Million |
| 2013 | -3.24% | 0.00% | 0.00x | 1.01x | $-11.49 Million |
| 2014 | -1.81% | 0.00% | 0.00x | 1.00x | $-9.36 Million |
| 2015 | 6.21% | 0.00% | 0.00x | 1.12x | $-4.17 Million |
| 2016 | -2.22% | 0.00% | 0.00x | 1.12x | $-12.22 Million |
| 2017 | -5.19% | 0.00% | 0.00x | 1.12x | $-14.86 Million |
| 2018 | -0.05% | 0.00% | 0.00x | 1.12x | $-10.06 Million |
| 2019 | -105.41% | 0.00% | 0.00x | 1.00x | $-53.34 Million |
| 2020 | -2.40% | 0.00% | 0.00x | 1.00x | $-5.83 Million |
| 2021 | -3.32% | 0.00% | 0.00x | 1.05x | $-6.19 Million |
| 2022 | 6.35% | 0.00% | 0.00x | 1.06x | $-1.81 Million |
| 2023 | -9.20% | 0.00% | 0.00x | 1.05x | $-8.39 Million |
| 2024 | -4.67% | 0.00% | 0.00x | 1.02x | $-6.44 Million |
Industry Comparison
This section compares Minco Silver Corporation's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $17,703,211
- Average return on equity (ROE) among peers: -195.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minco Silver Corporation (MISVF) | $46.73 Million | 0.00% | 0.02x | $5.45 Million |
| First Majestic Silver Corp (AG) | $-64.51K | 0.00% | 0.00x | $9.92 Billion |
| AGAGF (AGAGF) | $33.71K | -1182.07% | 2.47x | $39.40 Million |
| Silver Mountain Resources Inc. (AGMRF) | $25.12 Million | -20.95% | 0.10x | $2.33 Million |
| Andean Precious Metals Corp (ANPMF) | $94.43 Million | -10.69% | 0.42x | $59.49 Million |
| Apollo Silver Corp (APGOF) | $-24.13K | 0.00% | 0.00x | $8.38 Million |
| Aya Gold & Silver Inc. (AYASF) | $39.24 Million | -6.40% | 0.18x | $968.26 Million |
| Bald Eagle Gold Corp. (BADEF) | $11.38 Million | -166.80% | 0.07x | $95.41 Million |
| Bunker Hill Mining Corp (BHLL) | $712.86K | -439.59% | 0.59x | $94.30 Million |
| Canada Silver Cobalt Works Inc (CCWOF) | $-347.04K | 0.00% | 0.00x | $6.00 Million |
| Dolly Varden Silver Corporation (DOLLF) | $6.56 Million | -127.79% | 0.05x | $118.97 Million |