HLSCF
Highlander Silver Corp. engages in acquisition, exploration, and evaluation of mineral properties in Peru. It explores for gold and silver deposits. The company's flagship property is the La Estrella property in central Peru. Highlander Silver Corp. is headquartered in Toronto, Canada.
HLSCF (HLSCF) - Net Assets
Latest net assets as of September 2025: $111.26 Million USD
Based on the latest financial reports, HLSCF (HLSCF) has net assets worth $111.26 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 ($115.46 Million) and total liabilities ($4.20 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 | $111.26 Million |
| % of Total Assets | 96.36% |
| Annual Growth Rate | 114.2% |
| 5-Year Change | 1849.74% |
| 10-Year Change | N/A |
| Growth Volatility | 1454.14 |
HLSCF - Net Assets Trend (2020–2025)
This chart illustrates how HLSCF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HLSCF (2020–2025)
The table below shows the annual net assets of HLSCF from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $111.26 Million | +916.44% |
| 2024-09-30 | $10.95 Million | +3760.27% |
| 2023-09-30 | $283.56K | -94.76% |
| 2022-09-30 | $5.41 Million | -5.12% |
| 2021-09-30 | $5.71 Million | +131.15% |
| 2020-09-30 | $2.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HLSCF'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 3928.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $135.62 Million | 121.89% |
| Total Equity | $111.26 Million | 100.00% |
HLSCF Competitors by Market Cap
The table below lists competitors of HLSCF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daesang Holdings Co Ltd Pref
KO:084695
|
$132.50 Million |
|
Sinotherapeutics Inc. A
SHG:688247
|
$132.59 Million |
|
CARYSIL LIMITED
NSE:CARYSIL
|
$132.60 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$132.61 Million |
|
Nbond Nonwovens
SHG:603238
|
$132.40 Million |
|
Yoantion Industrial Inc.Ltd.
SHE:301053
|
$132.33 Million |
|
Cigniti Technologies Limited
NSE:CIGNITITEC
|
$132.30 Million |
|
EAGLE BANCORP.(M.) DL-01
F:8F5
|
$132.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HLSCF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,945,987 to 111,259,460, a change of 100,313,473 (916.4%).
- Net loss of 13,088,973 reduced equity.
- New share issuances of 111,854,075 increased equity.
- Other factors increased equity by 1,548,371.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.09 Million | -11.76% |
| Share Issuances | $111.85 Million | +100.53% |
| Other Changes | $1.55 Million | +1.39% |
| Total Change | $- | 916.44% |
Book Value vs Market Value Analysis
This analysis compares HLSCF'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: 1.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.67x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $0.38 | $1.39 | x |
| 2021-09-30 | $0.19 | $1.39 | x |
| 2022-09-30 | $0.18 | $1.39 | x |
| 2023-09-30 | $0.01 | $1.39 | x |
| 2024-09-30 | $0.13 | $1.39 | x |
| 2025-09-30 | $0.87 | $1.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HLSCF 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): -11.76%
- 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: 1.04x
- Recent ROE (-11.76%) is above the historical average (-332.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 44.72% | 0.00% | 0.00x | 1.03x | $857.16K |
| 2021 | -27.67% | 0.00% | 0.00x | 1.01x | $-2.15 Million |
| 2022 | -13.27% | 0.00% | 0.00x | 1.05x | $-1.26 Million |
| 2023 | -1957.12% | 0.00% | 0.00x | 1.83x | $-5.58 Million |
| 2024 | -28.19% | 0.00% | 0.00x | 1.39x | $-4.18 Million |
| 2025 | -11.76% | 0.00% | 0.00x | 1.04x | $-24.21 Million |
Industry Comparison
This section compares HLSCF's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $30,227,989
- Average return on equity (ROE) among peers: -117.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HLSCF (HLSCF) | $111.26 Million | 44.72% | 0.04x | $132.50 Million |
| First Majestic Silver Corp (AG) | $50.25 Million | -10.12% | 1.01x | $10.60 Billion |
| AGAGF (AGAGF) | $54.38K | -665.35% | 1.75x | $39.40 Million |
| Silver Mountain Resources Inc. (AGMRF) | $25.12 Million | -20.95% | 0.10x | $2.33 Million |
| Andean Precious Metals Corp (ANPMF) | $74.24 Million | 61.90% | 0.56x | $59.49 Million |
| Apollo Silver Corp (APGOF) | $-59.64K | 0.00% | 0.00x | $8.38 Million |
| Aya Gold & Silver Inc. (AYASF) | $130.31 Million | 1.07% | 0.20x | $968.26 Million |
| Bald Eagle Gold Corp. (BADEF) | $398.57K | -12.32% | 0.12x | $95.41 Million |
| Bunker Hill Mining Corp (BHLL) | $-6.96 Million | 0.00% | 0.00x | $94.30 Million |
| Canada Silver Cobalt Works Inc (CCWOF) | $2.27 Million | -497.07% | 1.01x | $6.00 Million |
| Dolly Varden Silver Corporation (DOLLF) | $26.66 Million | -27.30% | 0.05x | $118.97 Million |