ShaMaran Petroleum Corp
ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.
ShaMaran Petroleum Corp (SHASF) - Net Assets
Latest net assets as of September 2025: $228.86 Million USD
Based on the latest financial reports, ShaMaran Petroleum Corp (SHASF) has net assets worth $228.86 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 ($431.18 Million) and total liabilities ($202.31 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 | $228.86 Million |
| % of Total Assets | 53.08% |
| Annual Growth Rate | 35.42% |
| 5-Year Change | 5986.75% |
| 10-Year Change | 72.19% |
| Growth Volatility | 1278.38 |
ShaMaran Petroleum Corp - Net Assets Trend (2003–2024)
This chart illustrates how ShaMaran Petroleum 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 ShaMaran Petroleum Corp (2003–2024)
The table below shows the annual net assets of ShaMaran Petroleum Corp from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $223.20 Million | +60.08% |
| 2023-12-31 | $139.43 Million | -14.82% |
| 2022-12-31 | $163.69 Million | +783.02% |
| 2021-12-31 | $18.54 Million | +405.54% |
| 2020-12-31 | $3.67 Million | -97.42% |
| 2019-12-31 | $142.14 Million | -7.82% |
| 2018-12-31 | $154.20 Million | +1.48% |
| 2017-12-31 | $151.96 Million | +10.86% |
| 2016-12-31 | $137.07 Million | +5.74% |
| 2015-12-31 | $129.62 Million | -59.77% |
| 2014-12-31 | $322.20 Million | -2.06% |
| 2013-12-31 | $328.99 Million | -0.72% |
| 2012-12-31 | $331.38 Million | +164.55% |
| 2011-12-31 | $125.26 Million | -46.82% |
| 2010-12-31 | $235.52 Million | -3.70% |
| 2009-12-31 | $244.56 Million | +349.02% |
| 2008-12-31 | $54.47 Million | -64.09% |
| 2007-12-31 | $151.66 Million | +5992.75% |
| 2006-12-31 | $2.49 Million | -2.12% |
| 2005-12-31 | $2.54 Million | +858.60% |
| 2004-12-31 | $265.30K | -30.68% |
| 2003-12-31 | $382.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ShaMaran Petroleum 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 42122851800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $672.13 Million | 301.13% |
| Other Comprehensive Income | $108.00K | 0.05% |
| Other Components | $12.95 Million | 5.80% |
| Total Equity | $223.20 Million | 100.00% |
ShaMaran Petroleum Corp Competitors by Market Cap
The table below lists competitors of ShaMaran Petroleum Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Longxing Chemical Stock Co Ltd
SHE:002442
|
$262.50 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$262.55 Million |
|
First Copper Technology Co Ltd
TW:2009
|
$262.55 Million |
|
CellaVision AB
ST:CEVI
|
$262.59 Million |
|
SEMLER SCIENTIFIC DL-001
F:6FA
|
$262.41 Million |
|
CARsgen Therapeutics Holdings Limited
PINK:CRTHF
|
$262.40 Million |
|
AXISCADES Technologies Limited
NSE:AXISCADES
|
$262.35 Million |
|
Jayaswal Neco Industries Limited
NSE:JAYNECOIND
|
$262.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ShaMaran Petroleum Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 139,431,000 to 223,201,000, a change of 83,770,000 (60.1%).
- Net income of 82,216,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 12,075,345.
- Other factors increased equity by 13,629,345.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $82.22 Million | +36.83% |
| Other Comprehensive Income | $-12.08 Million | -5.41% |
| Other Changes | $13.63 Million | +6.11% |
| Total Change | $- | 60.08% |
Book Value vs Market Value Analysis
This analysis compares ShaMaran Petroleum 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: 1.57x
- 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 13.89x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $0.01 | $0.12 | x |
| 2004-12-31 | $0.01 | $0.12 | x |
| 2005-12-31 | $0.06 | $0.12 | x |
| 2006-12-31 | $0.03 | $0.12 | x |
| 2007-12-31 | $0.51 | $0.12 | x |
| 2008-12-31 | $0.16 | $0.12 | x |
| 2009-12-31 | $0.66 | $0.12 | x |
| 2010-12-31 | $0.37 | $0.12 | x |
| 2011-12-31 | $0.17 | $0.12 | x |
| 2012-12-31 | $0.38 | $0.12 | x |
| 2013-12-31 | $0.41 | $0.12 | x |
| 2014-12-31 | $0.40 | $0.12 | x |
| 2015-12-31 | $0.09 | $0.12 | x |
| 2016-12-31 | $0.07 | $0.12 | x |
| 2017-12-31 | $0.07 | $0.12 | x |
| 2018-12-31 | $0.07 | $0.12 | x |
| 2019-12-31 | $0.06 | $0.12 | x |
| 2020-12-31 | $0.00 | $0.12 | x |
| 2021-12-31 | $0.01 | $0.12 | x |
| 2022-12-31 | $0.06 | $0.12 | x |
| 2023-12-31 | $0.05 | $0.12 | x |
| 2024-12-31 | $0.08 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ShaMaran Petroleum 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): 36.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 75.16%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.22x
- Recent ROE (36.83%) is above the historical average (-202.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -28.28% | 0.00% | 0.00x | 1.43x | $-146.49K |
| 2004 | -54.95% | 0.00% | 0.00x | 1.08x | $-172.32K |
| 2005 | -4.08% | 0.00% | 0.00x | 1.04x | $-358.01K |
| 2006 | -35.93% | 0.00% | 0.00x | 1.03x | $-1.14 Million |
| 2007 | -38.55% | -1597.16% | 0.02x | 1.10x | $-73.64 Million |
| 2008 | -180.02% | -1458.43% | 0.11x | 1.17x | $-103.50 Million |
| 2009 | 1.19% | 0.00% | 0.00x | 1.02x | $-21.54 Million |
| 2010 | -0.44% | 0.00% | 0.00x | 1.09x | $-24.59 Million |
| 2011 | -168.40% | 0.00% | 0.00x | 1.21x | $-223.46 Million |
| 2012 | 61.97% | 0.00% | 0.00x | 1.04x | $172.23 Million |
| 2013 | -1.00% | 0.00% | 0.00x | 1.48x | $-36.19 Million |
| 2014 | -2.17% | 0.00% | 0.00x | 1.52x | $-39.22 Million |
| 2015 | -195.09% | 0.00% | 0.00x | 2.30x | $-265.85 Million |
| 2016 | -6.68% | -7630.00% | 0.00x | 2.35x | $-22.86 Million |
| 2017 | -7.57% | -65.01% | 0.05x | 2.35x | $-26.69 Million |
| 2018 | 1.21% | 2.69% | 0.17x | 2.72x | $-13.55 Million |
| 2019 | -9.43% | -19.06% | 0.19x | 2.60x | $-27.61 Million |
| 2020 | -3938.51% | -254.84% | 0.23x | 66.37x | $-144.79 Million |
| 2021 | 72.19% | 13.08% | 0.28x | 19.88x | $11.53 Million |
| 2022 | 70.23% | 65.07% | 0.35x | 3.05x | $98.59 Million |
| 2023 | -19.15% | -32.22% | 0.18x | 3.23x | $-40.65 Million |
| 2024 | 36.83% | 75.16% | 0.22x | 2.22x | $59.90 Million |
Industry Comparison
This section compares ShaMaran Petroleum 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: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ShaMaran Petroleum Corp (SHASF) | $228.86 Million | -28.28% | 0.88x | $262.48 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |