CanAsia Energy Corp.
CanAsia Energy Corp. operates as a junior oil and gas oil company in Canada. It holds 100% interest in the Sawn Lake property located in the Alberta. The company was incorporated in 2022 and is based in Calgary, Canada.
CanAsia Energy Corp. (CECAF) - Net Assets
Latest net assets as of September 2025: $5.76 Million USD
Based on the latest financial reports, CanAsia Energy Corp. (CECAF) has net assets worth $5.76 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 ($12.40 Million) and total liabilities ($6.64 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 | $5.76 Million |
| % of Total Assets | 46.47% |
| Annual Growth Rate | 23.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.86 |
CanAsia Energy Corp. - Net Assets Trend (2022–2024)
This chart illustrates how CanAsia Energy 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 CanAsia Energy Corp. (2022–2024)
The table below shows the annual net assets of CanAsia Energy Corp. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.84 Million | +58.28% |
| 2023-12-31 | $4.95 Million | -3.43% |
| 2022-12-31 | $5.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CanAsia Energy 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 555300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.54 Million | 172.79% |
| Total Equity | $7.84 Million | 100.00% |
CanAsia Energy Corp. Competitors by Market Cap
The table below lists competitors of CanAsia Energy Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bion Environmental Technologies Inc
OTCQB:BNET
|
$3.71 Million |
|
HOV Services Limited
NSE:HOVS
|
$3.71 Million |
|
Vina San Pedro
SN:VSPT
|
$3.71 Million |
|
Ladangbaja Murni PT Tbk
JK:LABA
|
$3.71 Million |
|
PeterLabs Holdings Bhd
KLSE:0171
|
$3.70 Million |
|
P3 Health Partners Inc
NASDAQ:PIII
|
$3.70 Million |
|
BHB Brauholding Bayern-Mitte AG
F:B9B
|
$3.70 Million |
|
Golden Cross Resources Inc
PINK:ZCRMF
|
$3.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CanAsia Energy Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,952,000 to 7,838,000, a change of 2,886,000 (58.3%).
- Net income of 1,161,000 contributed positively to equity growth.
- New share issuances of 1,258,000 increased equity.
- Other factors increased equity by 467,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.16 Million | +14.81% |
| Share Issuances | $1.26 Million | +16.05% |
| Other Changes | $467.00K | +5.96% |
| Total Change | $- | 58.28% |
Book Value vs Market Value Analysis
This analysis compares CanAsia Energy 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: 0.76x
- 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 increased from 0.38x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.14 | $0.05 | x |
| 2023-12-31 | $0.05 | $0.05 | x |
| 2024-12-31 | $0.07 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CanAsia Energy 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): 14.81%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.90x
- Recent ROE (14.81%) is above the historical average (-20.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -10.47% | 0.00% | 0.00x | 1.53x | $-1.42 Million |
| 2023 | -64.50% | 0.00% | 0.00x | 2.29x | $-3.69 Million |
| 2024 | 14.81% | 0.00% | 0.00x | 1.90x | $377.20K |
Industry Comparison
This section compares CanAsia Energy Corp.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CanAsia Energy Corp. (CECAF) | $5.76 Million | -10.47% | 1.15x | $3.71 Million |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |