Conquest Resources Limited
Conquest Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in northern Ontario. The company explores for gold, copper, nickel, lithium, uranium, and other precious and base metals. Its flagship property is the Belfast- TeckMag property that includes 1,390 mining claim cells and 5 mining leases located in the Temagami M… Read more
Conquest Resources Limited (CQRLF) - Net Assets
Latest net assets as of September 2025: $844.15K USD
Based on the latest financial reports, Conquest Resources Limited (CQRLF) has net assets worth $844.15K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($925.79K) and total liabilities ($81.65K). 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 | $844.15K |
| % of Total Assets | 91.18% |
| Annual Growth Rate | -3.48% |
| 5-Year Change | -80.43% |
| 10-Year Change | 480.06% |
| Growth Volatility | 855.36 |
Conquest Resources Limited - Net Assets Trend (2000–2024)
This chart illustrates how Conquest Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Conquest Resources Limited (2000–2024)
The table below shows the annual net assets of Conquest Resources Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $928.10K | -42.73% |
| 2023-12-31 | $1.62 Million | +40.20% |
| 2022-12-31 | $1.16 Million | -33.73% |
| 2021-12-31 | $1.74 Million | -63.23% |
| 2020-12-31 | $4.74 Million | +752.24% |
| 2019-12-31 | $556.60K | -7.30% |
| 2018-12-31 | $600.45K | -5.96% |
| 2017-12-31 | $638.53K | +4234.89% |
| 2016-12-31 | $14.73K | -90.79% |
| 2015-12-31 | $160.00K | -97.67% |
| 2014-12-31 | $6.86 Million | +0.42% |
| 2013-12-31 | $6.83 Million | -11.26% |
| 2012-12-31 | $7.69 Million | -3.46% |
| 2011-12-31 | $7.97 Million | -10.25% |
| 2010-12-31 | $8.88 Million | +77.84% |
| 2009-12-31 | $4.99 Million | +35.01% |
| 2008-12-31 | $3.70 Million | +9.84% |
| 2007-12-31 | $3.37 Million | -22.08% |
| 2006-12-31 | $4.32 Million | -2.41% |
| 2005-12-31 | $4.43 Million | -0.93% |
| 2004-12-31 | $4.47 Million | -17.17% |
| 2003-12-31 | $5.39 Million | +3.90% |
| 2002-12-31 | $5.19 Million | +24.78% |
| 2001-12-31 | $4.16 Million | +91.49% |
| 2000-12-31 | $2.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Conquest Resources Limited'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 2354902800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.01 Million | 2587.24% |
| Other Components | $957.40K | 103.16% |
| Total Equity | $928.10K | 100.00% |
Conquest Resources Limited Competitors by Market Cap
The table below lists competitors of Conquest Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OSI SYSTEMS (OS2.SG)
STU:OS2
|
$2.44 Million |
|
Boardwalktech Software Corp
OTCQB:BWLKF
|
$2.44 Million |
|
Green Earth Group N.V.
AS:HWK
|
$2.44 Million |
|
Lycaon Resources Ltd
AU:LYN
|
$2.44 Million |
|
Atlantic Coastal Acquisition Corp II
NASDAQ:ACAB
|
$2.44 Million |
|
Hindusthan National Glass & Industries Limited
NSE:HINDNATGLS
|
$2.43 Million |
|
Stellar V Capital Corp. Warrant
NASDAQ:SVCCW
|
$2.43 Million |
|
PT Samcro Hyosung Adilestari T
JK:ACRO
|
$2.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conquest Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,620,624 to 928,101, a change of -692,523 (-42.7%).
- Net loss of 829,000 reduced equity.
- Other comprehensive income decreased equity by 1,028,453.
- Other factors increased equity by 1,164,930.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-829.00K | -89.32% |
| Other Comprehensive Income | $-1.03 Million | -110.81% |
| Other Changes | $1.16 Million | +125.52% |
| Total Change | $- | -42.73% |
Book Value vs Market Value Analysis
This analysis compares Conquest Resources Limited'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: 2.92x
- 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 0.07x to 2.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.30 | $0.02 | x |
| 2001-12-31 | $0.47 | $0.02 | x |
| 2002-12-31 | $0.38 | $0.02 | x |
| 2003-12-31 | $0.33 | $0.02 | x |
| 2004-12-31 | $0.19 | $0.02 | x |
| 2005-12-31 | $0.18 | $0.02 | x |
| 2006-12-31 | $0.18 | $0.02 | x |
| 2007-12-31 | $0.13 | $0.02 | x |
| 2008-12-31 | $0.15 | $0.02 | x |
| 2009-12-31 | $0.17 | $0.02 | x |
| 2010-12-31 | $0.24 | $0.02 | x |
| 2011-12-31 | $0.21 | $0.02 | x |
| 2012-12-31 | $0.20 | $0.02 | x |
| 2013-12-31 | $0.18 | $0.02 | x |
| 2014-12-31 | $0.18 | $0.02 | x |
| 2015-12-31 | $0.00 | $0.02 | x |
| 2016-12-31 | $0.00 | $0.02 | x |
| 2017-12-31 | $0.02 | $0.02 | x |
| 2018-12-31 | $0.01 | $0.02 | x |
| 2019-12-31 | $0.01 | $0.02 | x |
| 2020-12-31 | $0.07 | $0.02 | x |
| 2021-12-31 | $0.01 | $0.02 | x |
| 2022-12-31 | $0.01 | $0.02 | x |
| 2023-12-31 | $0.01 | $0.02 | x |
| 2024-12-31 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conquest Resources Limited 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): -89.32%
- 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: 1.16x
- Recent ROE (-89.32%) is below the historical average (-74.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -8.70% | -1133.84% | 0.01x | 1.09x | $-406.29K |
| 2001 | -26.36% | 0.00% | 0.00x | 1.14x | $-1.51 Million |
| 2002 | -8.28% | 0.00% | 0.00x | 1.05x | $-949.20K |
| 2003 | -23.19% | 0.00% | 0.00x | 1.06x | $-1.79 Million |
| 2004 | -37.98% | 0.00% | 0.00x | 1.05x | $-2.14 Million |
| 2005 | -1.04% | 0.00% | 0.00x | 1.05x | $-488.84K |
| 2006 | -12.50% | 0.00% | 0.00x | 1.04x | $-972.03K |
| 2007 | -24.63% | 0.00% | 0.00x | 1.04x | $-1.17 Million |
| 2008 | -4.44% | 0.00% | 0.00x | 1.03x | $-533.76K |
| 2009 | -10.28% | 0.00% | 0.00x | 1.07x | $-1.01 Million |
| 2010 | 17.66% | 0.00% | 0.00x | 1.11x | $680.20K |
| 2011 | -10.09% | 0.00% | 0.00x | 1.14x | $-1.60 Million |
| 2012 | -3.59% | 0.00% | 0.00x | 1.12x | $-1.05 Million |
| 2013 | -12.48% | 0.00% | 0.00x | 1.14x | $-1.53 Million |
| 2014 | 3.18% | 0.00% | 0.00x | 1.13x | $-467.50K |
| 2015 | -108.13% | 0.00% | 0.00x | 1.51x | $-189.00K |
| 2016 | -984.39% | 0.00% | 0.00x | 4.55x | $-146.47K |
| 2017 | -26.65% | 0.00% | 0.00x | 1.36x | $-234.05K |
| 2018 | -73.29% | 0.00% | 0.00x | 1.12x | $-500.12K |
| 2019 | -38.53% | 0.00% | 0.00x | 1.59x | $-270.10K |
| 2020 | -99.01% | 0.00% | 0.00x | 1.13x | $-5.17 Million |
| 2021 | -230.78% | 0.00% | 0.00x | 1.19x | $-4.20 Million |
| 2022 | -72.86% | 0.00% | 0.00x | 1.06x | $-957.78K |
| 2023 | 26.94% | 67502.40% | 0.00x | 1.03x | $274.56K |
| 2024 | -89.32% | 0.00% | 0.00x | 1.16x | $-921.81K |
Industry Comparison
This section compares Conquest Resources Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conquest Resources Limited (CQRLF) | $844.15K | -8.70% | 0.10x | $2.44 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |