Burcon NutraScience Corp
Burcon NutraScience Corporation, together with its subsidiaries, provides plant-based proteins for the food and beverage industry in Canada. The company offers peas, which includes Peazazz, a pea protein for use in dairy alternatives; and canola protein, which comprises meat alternatives, egg alternatives, non-dairy frozen desserts, ready-to-mix beverages, whipped toppings and nutrition bars, and… Read more
Burcon NutraScience Corp (BRCNF) - Net Assets
Latest net assets as of December 2025: $-2.48 Million USD
Based on the latest financial reports, Burcon NutraScience Corp (BRCNF) has net assets worth $-2.48 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 ($23.95 Million) and total liabilities ($26.44 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 | $-2.48 Million |
| % of Total Assets | -10.37% |
| Annual Growth Rate | 10.95% |
| 5-Year Change | -80.86% |
| 10-Year Change | 68.85% |
| Growth Volatility | 218.6 |
Burcon NutraScience Corp - Net Assets Trend (1999–2025)
This chart illustrates how Burcon NutraScience 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 Burcon NutraScience Corp (1999–2025)
The table below shows the annual net assets of Burcon NutraScience Corp from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $6.94 Million | +34.74% |
| 2024-03-31 | $5.15 Million | +24.56% |
| 2023-03-31 | $4.14 Million | -85.35% |
| 2022-03-31 | $28.25 Million | -22.13% |
| 2021-03-31 | $36.27 Million | +58.08% |
| 2020-03-31 | $22.95 Million | +1258.82% |
| 2019-03-31 | $-1.98 Million | -184.44% |
| 2018-03-31 | $2.35 Million | -43.00% |
| 2017-03-31 | $4.11 Million | +0.04% |
| 2016-03-31 | $4.11 Million | -29.00% |
| 2015-03-31 | $5.79 Million | +33.98% |
| 2014-03-31 | $4.32 Million | -55.64% |
| 2013-03-31 | $9.75 Million | +3.83% |
| 2012-03-31 | $9.39 Million | -27.26% |
| 2011-03-31 | $12.91 Million | -17.91% |
| 2010-03-31 | $15.72 Million | +297.91% |
| 2009-03-31 | $3.95 Million | -36.51% |
| 2008-03-31 | $6.22 Million | -23.39% |
| 2007-03-31 | $8.12 Million | +74.96% |
| 2006-03-31 | $4.64 Million | +33.95% |
| 2005-03-31 | $3.47 Million | -42.62% |
| 2004-03-31 | $6.04 Million | +59.27% |
| 2003-03-31 | $3.79 Million | -3.66% |
| 2002-03-31 | $3.94 Million | -35.20% |
| 2001-03-31 | $6.08 Million | +14.46% |
| 2000-03-31 | $5.31 Million | +1039.81% |
| 1999-03-31 | $465.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Burcon NutraScience 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 15030228300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $131.58 Million | 1894.99% |
| Other Comprehensive Income | $6.46 Million | 92.99% |
| Other Components | $19.22 Million | 276.75% |
| Total Equity | $6.94 Million | 100.00% |
Burcon NutraScience Corp Competitors by Market Cap
The table below lists competitors of Burcon NutraScience Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cymbria Corporation
PINK:CYMBF
|
$518.44K |
|
Silver Sands Resources Corp
PINK:SSRSF
|
$518.45K |
|
Quest Critical Metals Inc.
F:DCR0
|
$518.53K |
|
Greatland Resources Limited
LSE:GGP
|
$518.75K |
|
RJK Explorations Ltd
PINK:RJKAF
|
$517.37K |
|
Spermosens AB (publ)
F:9R5
|
$517.28K |
|
Longevity Health Holdings, Inc.
NASDAQ:XAGE
|
$516.88K |
|
HAEMONETICS
MU:HAZ
|
$516.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Burcon NutraScience Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,153,499 to 6,943,662, a change of 1,790,163 (34.7%).
- Net loss of 8,264,787 reduced equity.
- Other comprehensive income decreased equity by 1,389,267.
- Other factors increased equity by 11,444,217.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.26 Million | -119.03% |
| Other Comprehensive Income | $-1.39 Million | -20.01% |
| Other Changes | $11.44 Million | +164.82% |
| Total Change | $- | 34.74% |
Book Value vs Market Value Analysis
This analysis compares Burcon NutraScience 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: 0.07x
- 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 decreased from 0.99x to 0.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-03-31 | $0.06 | $0.06 | x |
| 2000-03-31 | $0.47 | $0.06 | x |
| 2001-03-31 | $0.31 | $0.06 | x |
| 2002-03-31 | $0.18 | $0.06 | x |
| 2003-03-31 | $0.15 | $0.06 | x |
| 2004-03-31 | $0.22 | $0.06 | x |
| 2005-03-31 | $0.11 | $0.06 | x |
| 2006-03-31 | $0.12 | $0.06 | x |
| 2007-03-31 | $0.20 | $0.06 | x |
| 2008-03-31 | $0.15 | $0.06 | x |
| 2009-03-31 | $0.09 | $0.06 | x |
| 2010-03-31 | $0.33 | $0.06 | x |
| 2011-03-31 | $0.26 | $0.06 | x |
| 2012-03-31 | $0.18 | $0.06 | x |
| 2013-03-31 | $0.19 | $0.06 | x |
| 2014-03-31 | $0.08 | $0.06 | x |
| 2015-03-31 | $0.10 | $0.06 | x |
| 2016-03-31 | $0.07 | $0.06 | x |
| 2017-03-31 | $0.07 | $0.06 | x |
| 2018-03-31 | $0.04 | $0.06 | x |
| 2019-03-31 | $-0.03 | $0.06 | x |
| 2020-03-31 | $0.29 | $0.06 | x |
| 2021-03-31 | $0.35 | $0.06 | x |
| 2022-03-31 | $0.26 | $0.06 | x |
| 2023-03-31 | $0.04 | $0.06 | x |
| 2024-03-31 | $0.04 | $0.06 | x |
| 2025-03-31 | $0.89 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Burcon NutraScience 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): -119.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2166.98%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 4.42x
- Recent ROE (-119.03%) is below the historical average (-97.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -1.93% | 0.00% | 0.00x | 1.03x | $-55.57K |
| 2000 | -12.01% | -63763900.00% | 0.00x | 1.01x | $-1.17 Million |
| 2001 | -33.98% | -103231900.00% | 0.00x | 1.05x | $-2.67 Million |
| 2002 | -98.30% | 0.00% | 0.00x | 1.07x | $-4.26 Million |
| 2003 | -90.69% | 0.00% | 0.00x | 1.06x | $-3.82 Million |
| 2004 | -42.98% | 0.00% | 0.00x | 1.05x | $-3.20 Million |
| 2005 | -90.98% | 0.00% | 0.00x | 1.05x | $-3.50 Million |
| 2006 | -61.54% | 0.00% | 0.00x | 1.04x | $-3.32 Million |
| 2007 | -43.67% | 0.00% | 0.00x | 1.04x | $-4.36 Million |
| 2008 | -64.96% | 0.00% | 0.00x | 1.03x | $-4.66 Million |
| 2009 | -121.79% | 0.00% | 0.00x | 1.09x | $-5.21 Million |
| 2010 | -44.46% | 0.00% | 0.00x | 1.03x | $-8.56 Million |
| 2011 | -68.24% | 0.00% | 0.00x | 1.10x | $-10.10 Million |
| 2012 | -63.52% | 0.00% | 0.00x | 1.12x | $-6.90 Million |
| 2013 | -56.90% | -18296.62% | 0.00x | 1.08x | $-6.52 Million |
| 2014 | -137.90% | -6293.60% | 0.02x | 1.18x | $-6.39 Million |
| 2015 | -113.60% | -6243.11% | 0.02x | 1.16x | $-7.16 Million |
| 2016 | -159.76% | -6175.18% | 0.02x | 1.18x | $-6.98 Million |
| 2017 | -140.42% | -6576.05% | 0.01x | 1.65x | $-6.19 Million |
| 2018 | -239.78% | -11471.79% | 0.01x | 2.32x | $-5.86 Million |
| 2019 | 0.00% | -11890.83% | 0.02x | 0.00x | $-4.58 Million |
| 2020 | -20.19% | -14882.42% | 0.00x | 1.36x | $-6.93 Million |
| 2021 | -1.70% | -238.74% | 0.01x | 1.04x | $-4.24 Million |
| 2022 | -36.32% | -5982.59% | 0.01x | 1.04x | $-13.08 Million |
| 2023 | -613.06% | -6969.87% | 0.04x | 2.39x | $-25.78 Million |
| 2024 | -144.49% | -4038.96% | 0.01x | 2.51x | $-7.96 Million |
| 2025 | -119.03% | -2166.98% | 0.01x | 4.42x | $-8.96 Million |
Industry Comparison
This section compares Burcon NutraScience Corp's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Burcon NutraScience Corp (BRCNF) | $-2.48 Million | -1.93% | N/A | $518.20K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |