ANORF
AnorTech Inc. engages in the acquisition, exploration, development, and mining of mineral resources in Canada and Greenland. The company holds 100% interest in the Gronne Bjerg anorthosite project located in Greenland. It also produces anorthosite mineral products, such as waste-free alumina, CO2 free cement, and concrete thermal energy storage systems. The company was formerly known as Hudson Re… Read more
ANORF (ANORF) - Net Assets
Latest net assets as of December 2025: $1.89 Million USD
Based on the latest financial reports, ANORF (ANORF) has net assets worth $1.89 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 ($1.89 Million) and total liabilities ($5.76K). 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 | $1.89 Million |
| % of Total Assets | 99.7% |
| Annual Growth Rate | 7.81% |
| 5-Year Change | -45.37% |
| 10-Year Change | -13.62% |
| Growth Volatility | 124.68 |
ANORF - Net Assets Trend (2001–2025)
This chart illustrates how ANORF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ANORF (2001–2025)
The table below shows the annual net assets of ANORF from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.48 Million | -27.21% |
| 2024-03-31 | $3.40 Million | +414.08% |
| 2023-03-31 | $-1.08 Million | -33.31% |
| 2022-03-31 | $-812.26K | -117.93% |
| 2021-03-31 | $4.53 Million | -50.17% |
| 2020-03-31 | $9.09 Million | -57.96% |
| 2019-03-31 | $21.63 Million | +110.94% |
| 2018-03-31 | $10.25 Million | -27.73% |
| 2017-03-31 | $14.19 Million | +395.11% |
| 2016-03-31 | $2.87 Million | +32.08% |
| 2015-03-31 | $2.17 Million | -41.19% |
| 2014-03-31 | $3.69 Million | -47.97% |
| 2013-03-31 | $7.09 Million | -44.90% |
| 2012-03-31 | $12.87 Million | +263.31% |
| 2011-03-31 | $3.54 Million | -81.15% |
| 2010-03-31 | $18.79 Million | +18.23% |
| 2009-03-31 | $15.90 Million | +14.44% |
| 2008-03-31 | $13.89 Million | +74.22% |
| 2007-03-31 | $7.97 Million | +174.99% |
| 2006-03-31 | $2.90 Million | +1.47% |
| 2005-03-31 | $2.86 Million | +258.47% |
| 2004-03-31 | $797.10K | +71.17% |
| 2003-03-31 | $465.66K | +18.27% |
| 2002-03-31 | $393.72K | -3.28% |
| 2001-03-31 | $407.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ANORF'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 8939962200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $77.92 Million | 3166.54% |
| Other Comprehensive Income | $13.43 Million | 545.74% |
| Other Components | $513.75K | 20.88% |
| Total Equity | $2.46 Million | 100.00% |
ANORF Competitors by Market Cap
The table below lists competitors of ANORF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UV Germi SA
PA:ALUVI
|
$3.30 Million |
|
Original Juice Co. Ltd.
AU:OJC
|
$3.30 Million |
|
ASIA-PACIFIC STR.INV.LTD.
F:2HN
|
$3.30 Million |
|
EXCELLENCE S.A. ZY -10
F:8XY
|
$3.30 Million |
|
Buyuk Sefler Gida Turizm
IS:BIGCH
|
$3.30 Million |
|
Landi Renzo S.p.A.
F:ARQ0
|
$3.30 Million |
|
PRCRF
PINK:PRCRF
|
$3.30 Million |
|
Rivalry Corp
OTCQX:RVLCF
|
$3.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANORF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,400,985 to 2,460,733, a change of -940,252 (-27.6%).
- Net loss of 1,019,373 reduced equity.
- Other comprehensive income increased equity by 12,140,792.
- Other factors decreased equity by 12,061,671.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.02 Million | -41.43% |
| Other Comprehensive Income | $12.14 Million | +493.38% |
| Other Changes | $-12.06 Million | -490.17% |
| Total Change | $- | -27.65% |
Book Value vs Market Value Analysis
This analysis compares ANORF'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: 1.48x
- 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 0.19x to 1.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-03-31 | $0.10 | $0.02 | x |
| 2002-03-31 | $0.10 | $0.02 | x |
| 2003-03-31 | $0.09 | $0.02 | x |
| 2004-03-31 | $0.12 | $0.02 | x |
| 2005-03-31 | $0.29 | $0.02 | x |
| 2006-03-31 | $0.21 | $0.02 | x |
| 2007-03-31 | $0.38 | $0.02 | x |
| 2008-03-31 | $0.47 | $0.02 | x |
| 2009-03-31 | $0.48 | $0.02 | x |
| 2010-03-31 | $0.39 | $0.02 | x |
| 2011-03-31 | $0.21 | $0.02 | x |
| 2012-03-31 | $0.16 | $0.02 | x |
| 2013-03-31 | $0.05 | $0.02 | x |
| 2014-03-31 | $0.03 | $0.02 | x |
| 2015-03-31 | $0.04 | $0.02 | x |
| 2016-03-31 | $0.03 | $0.02 | x |
| 2017-03-31 | $0.10 | $0.02 | x |
| 2018-03-31 | $0.08 | $0.02 | x |
| 2019-03-31 | $0.13 | $0.02 | x |
| 2020-03-31 | $0.05 | $0.02 | x |
| 2021-03-31 | $0.03 | $0.02 | x |
| 2022-03-31 | $0.00 | $0.02 | x |
| 2023-03-31 | $-0.01 | $0.02 | x |
| 2024-03-31 | $0.02 | $0.02 | x |
| 2025-03-31 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANORF 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): -41.43%
- 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: 1.05x
- Recent ROE (-41.43%) is above the historical average (-43.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -0.65% | -31.01% | 0.02x | 1.01x | $-43.37K |
| 2002 | -3.39% | 0.00% | 0.00x | 1.01x | $-52.73K |
| 2003 | -27.70% | 0.00% | 0.00x | 1.04x | $-175.57K |
| 2004 | -23.42% | 0.00% | 0.00x | 1.03x | $-266.42K |
| 2005 | -12.32% | 0.00% | 0.00x | 1.10x | $-637.89K |
| 2006 | -17.14% | 0.00% | 0.00x | 1.03x | $-786.81K |
| 2007 | -8.70% | 0.00% | 0.00x | 1.03x | $-1.49 Million |
| 2008 | -6.90% | 0.00% | 0.00x | 1.03x | $-2.35 Million |
| 2009 | -5.28% | 0.00% | 0.00x | 1.02x | $-2.43 Million |
| 2010 | -4.11% | 0.00% | 0.00x | 1.01x | $-2.65 Million |
| 2011 | -40.24% | 0.00% | 0.00x | 0.30x | $-6.47 Million |
| 2012 | -57.19% | 0.00% | 0.00x | 1.02x | $-8.65 Million |
| 2013 | -175.29% | 0.00% | 0.00x | 2.05x | $-6.84 Million |
| 2014 | -171.39% | 0.00% | 0.00x | 1.87x | $-3.94 Million |
| 2015 | -71.09% | 0.00% | 0.00x | 0.84x | $-2.32 Million |
| 2016 | -144.72% | 0.00% | 0.00x | 1.62x | $-4.43 Million |
| 2017 | -55.05% | 0.00% | 0.00x | 1.74x | $-6.67 Million |
| 2018 | -54.36% | 0.00% | 0.00x | 4.22x | $-6.60 Million |
| 2019 | -30.36% | 0.00% | 0.00x | 2.58x | $-8.73 Million |
| 2020 | -156.40% | 0.00% | 0.00x | 7.47x | $-15.13 Million |
| 2021 | -107.56% | 0.00% | 0.00x | 1.09x | $-5.33 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.38 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-391.80K |
| 2024 | 131.11% | 0.00% | 0.00x | 1.02x | $4.12 Million |
| 2025 | -41.43% | 0.00% | 0.00x | 1.05x | $-1.27 Million |
Industry Comparison
This section compares ANORF'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 |
|---|---|---|---|---|
| ANORF (ANORF) | $1.89 Million | -0.65% | 0.00x | $3.30 Million |
| 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 |