BIOREM Inc
BioRem Inc., a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds, and hazardous air pollutants. The company offers biofilters; biotrickling filters; multi-stage systems; biogas desulfurization systems; dry scrubber adsorption systems; and cannabis odor control systems. It a… Read more
BIOREM Inc (BIRMF) - Net Assets
Latest net assets as of September 2025: $4.36 Million USD
Based on the latest financial reports, BIOREM Inc (BIRMF) has net assets worth $4.36 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 ($19.95 Million) and total liabilities ($15.58 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 | $4.36 Million |
| % of Total Assets | 21.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | -21.44% |
| 10-Year Change | 449.55% |
| Growth Volatility | 354.88 |
BIOREM Inc - Net Assets Trend (2003–2024)
This chart illustrates how BIOREM Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BIOREM Inc (2003–2024)
The table below shows the annual net assets of BIOREM Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.63 Million | +58.12% |
| 2023-12-31 | $6.72 Million | +48.65% |
| 2022-12-31 | $4.52 Million | +130.13% |
| 2021-12-31 | $1.96 Million | -85.48% |
| 2020-12-31 | $13.52 Million | +15.36% |
| 2019-12-31 | $11.72 Million | -9.08% |
| 2018-12-31 | $12.90 Million | +76.66% |
| 2017-12-31 | $7.30 Million | +200.76% |
| 2016-12-31 | $2.43 Million | +25.53% |
| 2015-12-31 | $1.93 Million | +849.13% |
| 2014-12-31 | $-258.09K | -129.17% |
| 2013-12-31 | $884.72K | +1519.56% |
| 2012-12-31 | $54.63K | -91.32% |
| 2011-12-31 | $629.11K | -88.75% |
| 2010-12-31 | $5.59 Million | -34.58% |
| 2009-12-31 | $8.55 Million | -2.75% |
| 2008-12-31 | $8.79 Million | +3.18% |
| 2007-12-31 | $8.52 Million | -24.82% |
| 2006-12-31 | $11.33 Million | +31.23% |
| 2005-12-31 | $8.63 Million | +448.70% |
| 2004-12-31 | $1.57 Million | +262.43% |
| 2003-12-31 | $-968.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to BIOREM Inc'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 grown by 343739000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.13 Million | 10.61% |
| Common Stock | $5.20 Million | 48.90% |
| Other Comprehensive Income | $1.83 Million | 17.24% |
| Other Components | $2.47 Million | 23.25% |
| Total Equity | $10.63 Million | 100.00% |
BIOREM Inc Competitors by Market Cap
The table below lists competitors of BIOREM Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Youngbo Chem
KO:014440
|
$24.29 Million |
|
446540
KQ:446540
|
$24.30 Million |
|
Dusk Group Limited
F:6EA
|
$24.30 Million |
|
Lacroix Group SA
PA:LACR
|
$24.30 Million |
|
EarthLabs Inc.
F:8EK0
|
$24.28 Million |
|
INFOvine co. Ltd
KQ:115310
|
$24.26 Million |
|
Pyxus International Inc
PINK:PYYX
|
$24.26 Million |
|
Daesung Finetec Co.Ltd
KQ:104040
|
$24.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BIOREM Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,719,785 to 10,625,083, a change of 3,905,298 (58.1%).
- Net income of 3,043,733 contributed positively to equity growth.
- New share issuances of 156,900 increased equity.
- Other comprehensive income increased equity by 561,595.
- Other factors increased equity by 143,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.04 Million | +28.65% |
| Share Issuances | $156.90K | +1.48% |
| Other Comprehensive Income | $561.60K | +5.29% |
| Other Changes | $143.07K | +1.35% |
| Total Change | $- | 58.12% |
Book Value vs Market Value Analysis
This analysis compares BIOREM Inc'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: 2.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $-0.03 | $1.55 | x |
| 2004-12-31 | $3.70 | $1.55 | x |
| 2005-12-31 | $0.75 | $1.55 | x |
| 2006-12-31 | $1.03 | $1.55 | x |
| 2007-12-31 | $0.71 | $1.55 | x |
| 2008-12-31 | $0.81 | $1.55 | x |
| 2009-12-31 | $0.71 | $1.55 | x |
| 2010-12-31 | $0.46 | $1.55 | x |
| 2011-12-31 | $0.05 | $1.55 | x |
| 2012-12-31 | $0.00 | $1.55 | x |
| 2013-12-31 | $0.05 | $1.55 | x |
| 2014-12-31 | $-0.02 | $1.55 | x |
| 2015-12-31 | $0.06 | $1.55 | x |
| 2016-12-31 | $0.07 | $1.55 | x |
| 2017-12-31 | $0.19 | $1.55 | x |
| 2018-12-31 | $0.33 | $1.55 | x |
| 2019-12-31 | $0.30 | $1.55 | x |
| 2020-12-31 | $0.34 | $1.55 | x |
| 2021-12-31 | $0.05 | $1.55 | x |
| 2022-12-31 | $0.26 | $1.55 | x |
| 2023-12-31 | $0.39 | $1.55 | x |
| 2024-12-31 | $0.57 | $1.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BIOREM Inc 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): 28.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.68x
- Recent ROE (28.65%) is above the historical average (-79.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 22.32% | 2.43x | 0.00x | $2.02 Million |
| 2004 | -1.60% | -1041.76% | 0.00x | 4.03x | $-182.58K |
| 2005 | 3.98% | 3.21% | 0.90x | 1.39x | $-519.54K |
| 2006 | -6.79% | -6.41% | 0.82x | 1.29x | $-1.90 Million |
| 2007 | -35.23% | -31.69% | 0.82x | 1.35x | $-3.85 Million |
| 2008 | -4.92% | -3.00% | 0.85x | 1.93x | $-1.31 Million |
| 2009 | -5.88% | -2.66% | 1.25x | 1.77x | $-1.36 Million |
| 2010 | -56.11% | -18.08% | 1.10x | 2.83x | $-3.70 Million |
| 2011 | -535.58% | -27.97% | 1.16x | 16.48x | $-3.43 Million |
| 2012 | -1519.38% | -5.38% | 1.58x | 179.04x | $-835.45K |
| 2013 | 81.11% | 3.66% | 2.20x | 10.07x | $629.15K |
| 2014 | 0.00% | -16.12% | 1.39x | 0.00x | $-1.70 Million |
| 2015 | 87.35% | 10.00% | 1.82x | 4.81x | $1.50 Million |
| 2016 | 22.55% | 3.44% | 1.40x | 4.67x | $304.58K |
| 2017 | 20.96% | 6.78% | 1.44x | 2.15x | $800.18K |
| 2018 | 36.18% | 19.17% | 1.16x | 1.63x | $3.38 Million |
| 2019 | -11.11% | -6.31% | 1.17x | 1.50x | $-2.47 Million |
| 2020 | 15.44% | 8.57% | 1.11x | 1.62x | $736.38K |
| 2021 | 66.05% | 5.30% | 1.28x | 9.76x | $1.10 Million |
| 2022 | 35.68% | 5.59% | 1.39x | 4.59x | $1.16 Million |
| 2023 | 32.43% | 8.66% | 1.05x | 3.58x | $1.51 Million |
| 2024 | 28.65% | 8.13% | 1.31x | 2.68x | $1.98 Million |
Industry Comparison
This section compares BIOREM Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $128,421,790
- Average return on equity (ROE) among peers: -29.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BIOREM Inc (BIRMF) | $4.36 Million | 0.00% | 3.57x | $24.28 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |