Canfor Corporation
Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through Lumber, and Pulp and Paper segments. The company manufactures and sells softwood lumber; remanufactured and finger-jointed lumber products; engineered wood; and other lumber-related products. It also offers wood chips and pellets; logs; and cust… Read more
Canfor Corporation (CFPZF) - Net Assets
Latest net assets as of September 2025: $3.20 Billion USD
Based on the latest financial reports, Canfor Corporation (CFPZF) has net assets worth $3.20 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.58 Billion) and total liabilities ($2.38 Billion). 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 | $3.20 Billion |
| % of Total Assets | 57.38% |
| Annual Growth Rate | 5.87% |
| 5-Year Change | 36.07% |
| 10-Year Change | 120.18% |
| Growth Volatility | 28.64 |
Canfor Corporation - Net Assets Trend (1993–2024)
This chart illustrates how Canfor 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 Canfor Corporation (1993–2024)
The table below shows the annual net assets of Canfor Corporation from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.58 Billion | -16.22% |
| 2023-12-31 | $4.28 Billion | -10.19% |
| 2022-12-31 | $4.76 Billion | +18.80% |
| 2021-12-31 | $4.01 Billion | +52.22% |
| 2020-12-31 | $2.63 Billion | +27.30% |
| 2019-12-31 | $2.07 Billion | -11.58% |
| 2018-12-31 | $2.34 Billion | +16.94% |
| 2017-12-31 | $2.00 Billion | +15.10% |
| 2016-12-31 | $1.74 Billion | +6.81% |
| 2015-12-31 | $1.63 Billion | -0.60% |
| 2014-12-31 | $1.64 Billion | +2.52% |
| 2013-12-31 | $1.60 Billion | +21.96% |
| 2012-12-31 | $1.31 Billion | -3.70% |
| 2011-12-31 | $1.36 Billion | -20.79% |
| 2010-12-31 | $1.72 Billion | +3.43% |
| 2009-12-31 | $1.66 Billion | -6.29% |
| 2008-12-31 | $1.77 Billion | -16.42% |
| 2007-12-31 | $2.12 Billion | -16.04% |
| 2006-12-31 | $2.52 Billion | +23.35% |
| 2005-12-31 | $2.05 Billion | +4.06% |
| 2004-12-31 | $1.97 Billion | +80.61% |
| 2003-12-31 | $1.09 Billion | +14.16% |
| 2002-12-31 | $953.90 Million | -0.69% |
| 2001-12-31 | $960.52 Million | +1.03% |
| 2000-12-31 | $950.69 Million | +5.42% |
| 1999-12-31 | $901.80 Million | +111.69% |
| 1998-12-31 | $426.00 Million | -37.54% |
| 1997-12-31 | $682.00 Million | +0.46% |
| 1996-12-31 | $678.90 Million | -9.58% |
| 1995-12-31 | $750.80 Million | +7.53% |
| 1994-12-31 | $698.20 Million | +14.27% |
| 1993-12-31 | $611.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canfor 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 grown by 1055.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.27 Billion | 68.47% |
| Common Stock | $934.10 Million | 28.21% |
| Other Comprehensive Income | $197.80 Million | 5.97% |
| Total Equity | $3.31 Billion | 100.00% |
Canfor Corporation Competitors by Market Cap
The table below lists competitors of Canfor Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHESNARA PLC LS-05
F:6DE
|
$526.99 Million |
|
Jiangsu Riying Electns Co Ltd
SHG:603286
|
$527.11 Million |
|
Corporación Actinver S. A. B. de C. V
MX:ACTINVRB
|
$527.28 Million |
|
Global Yatirim Holding AS
IS:GLYHO
|
$527.29 Million |
|
Platzer Fastigheter Holding AB (publ)
PINK:PLAZF
|
$526.57 Million |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
$526.44 Million |
|
Kasumigaseki Capital Co.,Ltd.
F:H0A
|
$526.31 Million |
|
Menicon Co. Ltd
PINK:MNNLF
|
$526.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canfor Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,818,200,000 to 3,311,800,000, a change of -506,400,000 (-13.3%).
- Net loss of 669,000,000 reduced equity.
- Share repurchases of 9,000,000 reduced equity.
- Other comprehensive income increased equity by 152,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-669.00 Million | -20.2% |
| Share Repurchases | $9.00 Million | -0.27% |
| Other Comprehensive Income | $152.30 Million | +4.6% |
| Other Changes | $19.30 Million | +0.58% |
| Total Change | $- | -13.26% |
Book Value vs Market Value Analysis
This analysis compares Canfor 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: 0.36x
- 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 0.93x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $10.75 | $10.02 | x |
| 1994-12-31 | $12.27 | $10.02 | x |
| 1995-12-31 | $13.01 | $10.02 | x |
| 1996-12-31 | $11.57 | $10.02 | x |
| 1997-12-31 | $10.76 | $10.02 | x |
| 1998-12-31 | $7.31 | $10.02 | x |
| 1999-12-31 | $14.60 | $10.02 | x |
| 2000-12-31 | $9.69 | $10.02 | x |
| 2001-12-31 | $11.85 | $10.02 | x |
| 2002-12-31 | $11.75 | $10.02 | x |
| 2003-12-31 | $11.72 | $10.02 | x |
| 2004-12-31 | $15.24 | $10.02 | x |
| 2005-12-31 | $14.28 | $10.02 | x |
| 2006-12-31 | $15.63 | $10.02 | x |
| 2007-12-31 | $12.74 | $10.02 | x |
| 2008-12-31 | $10.48 | $10.02 | x |
| 2009-12-31 | $9.73 | $10.02 | x |
| 2010-12-31 | $10.15 | $10.02 | x |
| 2011-12-31 | $7.90 | $10.02 | x |
| 2012-12-31 | $7.78 | $10.02 | x |
| 2013-12-31 | $9.68 | $10.02 | x |
| 2014-12-31 | $10.10 | $10.02 | x |
| 2015-12-31 | $9.93 | $10.02 | x |
| 2016-12-31 | $11.17 | $10.02 | x |
| 2017-12-31 | $13.17 | $10.02 | x |
| 2018-12-31 | $16.10 | $10.02 | x |
| 2019-12-31 | $13.14 | $10.02 | x |
| 2020-12-31 | $17.63 | $10.02 | x |
| 2021-12-31 | $27.89 | $10.02 | x |
| 2022-12-31 | $34.27 | $10.02 | x |
| 2023-12-31 | $31.78 | $10.02 | x |
| 2024-12-31 | $27.92 | $10.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canfor 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): -20.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.74%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.68x
- Recent ROE (-20.20%) is below the historical average (4.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 6.42% | 3.36% | 0.80x | 2.38x | $-21.90 Million |
| 1994 | 17.76% | 8.82% | 0.85x | 2.37x | $54.18 Million |
| 1995 | 6.07% | 2.36% | 0.91x | 2.82x | $-29.48 Million |
| 1996 | -8.38% | -3.18% | 0.88x | 3.00x | $-124.79 Million |
| 1997 | -5.21% | -1.79% | 0.94x | 3.09x | $-96.10 Million |
| 1998 | -47.82% | -12.48% | 0.88x | 4.38x | $-246.30 Million |
| 1999 | 11.37% | 5.86% | 0.75x | 2.60x | $12.32 Million |
| 2000 | 13.21% | 5.54% | 0.93x | 2.57x | $30.51 Million |
| 2001 | 2.75% | 1.33% | 0.83x | 2.48x | $-69.65 Million |
| 2002 | 1.21% | 0.54% | 0.91x | 2.44x | $-83.89 Million |
| 2003 | 14.08% | 7.32% | 0.86x | 2.24x | $44.40 Million |
| 2004 | 21.13% | 9.57% | 1.08x | 2.05x | $218.82 Million |
| 2005 | 4.69% | 2.53% | 0.99x | 1.87x | $-108.66 Million |
| 2006 | 21.18% | 12.28% | 0.82x | 2.10x | $249.03 Million |
| 2007 | -19.84% | -11.01% | 0.93x | 1.93x | $-542.31 Million |
| 2008 | -23.09% | -13.22% | 0.82x | 2.14x | $-494.68 Million |
| 2009 | -5.08% | -3.32% | 0.79x | 1.93x | $-209.18 Million |
| 2010 | 11.15% | 6.64% | 0.87x | 1.92x | $16.58 Million |
| 2011 | -5.02% | -2.34% | 1.01x | 2.13x | $-169.33 Million |
| 2012 | 2.38% | 0.97% | 1.09x | 2.24x | $-84.69 Million |
| 2013 | 16.63% | 7.16% | 1.19x | 1.96x | $91.17 Million |
| 2014 | 12.63% | 5.23% | 1.18x | 2.05x | $36.48 Million |
| 2015 | 1.86% | 0.63% | 1.19x | 2.48x | $-108.39 Million |
| 2016 | 10.17% | 3.56% | 1.29x | 2.21x | $2.53 Million |
| 2017 | 19.95% | 7.41% | 1.34x | 2.01x | $172.26 Million |
| 2018 | 17.26% | 7.04% | 1.31x | 1.87x | $149.26 Million |
| 2019 | -16.39% | -5.79% | 1.03x | 2.75x | $-434.23 Million |
| 2020 | 24.66% | 9.98% | 1.07x | 2.31x | $323.65 Million |
| 2021 | 38.51% | 17.46% | 1.24x | 1.77x | $993.20 Million |
| 2022 | 18.65% | 10.60% | 1.10x | 1.60x | $365.15 Million |
| 2023 | -8.54% | -6.01% | 0.89x | 1.61x | $-707.92 Million |
| 2024 | -20.20% | -12.74% | 0.94x | 1.68x | $-1.00 Billion |
Industry Comparison
This section compares Canfor Corporation's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $282,009,660
- Average return on equity (ROE) among peers: 6.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canfor Corporation (CFPZF) | $3.20 Billion | 6.42% | 0.74x | $526.98 Million |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |
| EcoLogix Resource Group Inc (EXRG) | $-2.83 Million | 0.00% | 0.00x | $0.93 |