TVI Pacific Inc
TVI Pacific Inc., a resource company, engages in the evaluation, acquisition, and development of resource projects in the Asia-Pacific region. It primarily explores for gold, silver, copper, zinc, nickel, Iron ore, and limestone deposits in the Philippines. The company was formerly known as TVI Copper Inc. and changed its name to TVI Pacific Inc. in July 1994. TVI Pacific Inc. was incorporated in… Read more
TVI Pacific Inc (TVIPF) - Net Assets
Latest net assets as of September 2025: $46.99 Million USD
Based on the latest financial reports, TVI Pacific Inc (TVIPF) has net assets worth $46.99 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 ($52.80 Million) and total liabilities ($5.81 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 | $46.99 Million |
| % of Total Assets | 89.0% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | 43.91% |
| 10-Year Change | 29.73% |
| Growth Volatility | 189.51 |
TVI Pacific Inc - Net Assets Trend (1993–2024)
This chart illustrates how TVI Pacific Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TVI Pacific Inc (1993–2024)
The table below shows the annual net assets of TVI Pacific Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.38 Million | +23.79% |
| 2023-12-31 | $18.88 Million | -28.42% |
| 2022-12-31 | $26.38 Million | -2.31% |
| 2021-12-31 | $27.01 Million | +66.26% |
| 2020-12-31 | $16.24 Million | +13.29% |
| 2019-12-31 | $14.34 Million | -19.70% |
| 2018-12-31 | $17.86 Million | +44.69% |
| 2017-12-31 | $12.34 Million | -12.49% |
| 2016-12-31 | $14.10 Million | -21.74% |
| 2015-12-31 | $18.02 Million | -13.13% |
| 2014-12-31 | $20.74 Million | -18.61% |
| 2013-12-31 | $25.49 Million | -43.30% |
| 2012-12-31 | $44.94 Million | +9.51% |
| 2011-12-31 | $41.04 Million | +38.67% |
| 2010-12-31 | $29.60 Million | +90.49% |
| 2009-12-31 | $15.54 Million | +342.88% |
| 2008-12-31 | $-6.40 Million | -292.05% |
| 2007-12-31 | $3.33 Million | -77.61% |
| 2006-12-31 | $14.88 Million | +42.50% |
| 2005-12-31 | $10.44 Million | -2.04% |
| 2004-12-31 | $10.66 Million | +7.61% |
| 2003-12-31 | $9.91 Million | +107.25% |
| 2002-12-31 | $4.78 Million | +885.00% |
| 2001-12-31 | $485.21K | -95.46% |
| 2000-12-31 | $10.68 Million | -59.54% |
| 1999-12-31 | $26.40 Million | -22.58% |
| 1998-12-31 | $34.10 Million | -4.75% |
| 1997-12-31 | $35.80 Million | -48.27% |
| 1996-12-31 | $69.20 Million | +73.00% |
| 1995-12-31 | $40.00 Million | +196.30% |
| 1994-12-31 | $13.50 Million | +400.00% |
| 1993-12-31 | $2.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TVI Pacific Inc'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 1278709700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.37 Million | 147.05% |
| Other Comprehensive Income | $-4.44 Million | -18.98% |
| Other Components | $7.33 Million | 31.34% |
| Total Equity | $23.38 Million | 100.00% |
TVI Pacific Inc Competitors by Market Cap
The table below lists competitors of TVI Pacific Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prince Pharmaceutical Co., Ltd.
TWO:6935
|
$10.78 Million |
|
TWL Holdings Bhd
KLSE:7079
|
$10.79 Million |
|
Replenish Nutrients Holding Corp.
F:7KE
|
$10.79 Million |
|
Peace & Living PCL
BK:PEACE
|
$10.79 Million |
|
Barrister Energy LLC
PINK:CJAX
|
$10.78 Million |
|
Choice Development Inc
TW:9929
|
$10.77 Million |
|
Inswave Systems Co., Ltd.
KQ:450520
|
$10.77 Million |
|
Cell Source Inc
OTCQB:CLCS
|
$10.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVI Pacific Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,883,792 to 23,376,377, a change of 4,492,585 (23.8%).
- Net income of 3,163,689 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,328,896.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.16 Million | +13.53% |
| Other Comprehensive Income | $1.33 Million | +5.68% |
| Total Change | $- | 23.79% |
Book Value vs Market Value Analysis
This analysis compares TVI Pacific Inc'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: 0.46x
- 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 0.27x to 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.05 | $0.01 | x |
| 1994-12-31 | $0.45 | $0.01 | x |
| 1995-12-31 | $0.67 | $0.01 | x |
| 1996-12-31 | $0.77 | $0.01 | x |
| 1997-12-31 | $0.39 | $0.01 | x |
| 1998-12-31 | $0.36 | $0.01 | x |
| 1999-12-31 | $0.27 | $0.01 | x |
| 2000-12-31 | $0.10 | $0.01 | x |
| 2001-12-31 | $0.00 | $0.01 | x |
| 2002-12-31 | $0.02 | $0.01 | x |
| 2003-12-31 | $0.04 | $0.01 | x |
| 2004-12-31 | $0.02 | $0.01 | x |
| 2005-12-31 | $0.03 | $0.01 | x |
| 2006-12-31 | $0.04 | $0.01 | x |
| 2007-12-31 | $0.01 | $0.01 | x |
| 2008-12-31 | $-0.02 | $0.01 | x |
| 2009-12-31 | $0.03 | $0.01 | x |
| 2010-12-31 | $0.06 | $0.01 | x |
| 2011-12-31 | $0.06 | $0.01 | x |
| 2012-12-31 | $0.07 | $0.01 | x |
| 2013-12-31 | $0.04 | $0.01 | x |
| 2014-12-31 | $0.03 | $0.01 | x |
| 2015-12-31 | $0.03 | $0.01 | x |
| 2016-12-31 | $0.02 | $0.01 | x |
| 2017-12-31 | $0.02 | $0.01 | x |
| 2018-12-31 | $0.03 | $0.01 | x |
| 2019-12-31 | $0.02 | $0.01 | x |
| 2020-12-31 | $0.02 | $0.01 | x |
| 2021-12-31 | $0.04 | $0.01 | x |
| 2022-12-31 | $0.04 | $0.01 | x |
| 2023-12-31 | $0.03 | $0.01 | x |
| 2024-12-31 | $0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVI Pacific Inc 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): 13.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (13.53%) is above the historical average (-341.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -7.41% | -200.00% | 0.02x | 1.67x | $-470.00K |
| 1994 | -4.48% | -600.00% | 0.01x | 1.13x | $-1.94 Million |
| 1995 | -3.01% | -1200.00% | 0.00x | 1.20x | $-5.19 Million |
| 1996 | -2.61% | -1800.00% | 0.00x | 1.06x | $-8.69 Million |
| 1997 | -97.18% | -34500.00% | 0.00x | 1.13x | $-38.05 Million |
| 1998 | -8.28% | -75.68% | 0.09x | 1.15x | $-6.18 Million |
| 1999 | -29.50% | -452.94% | 0.05x | 1.24x | $-10.31 Million |
| 2000 | -153.74% | -2054.39% | 0.05x | 1.66x | $-16.86 Million |
| 2001 | -10277.45% | -2066.79% | 0.05x | 91.78x | $-10.26 Million |
| 2002 | 10.25% | 57.75% | 0.09x | 2.08x | $11.13K |
| 2003 | -12.74% | -34.27% | 0.30x | 1.25x | $-2.25 Million |
| 2004 | -40.52% | -132.03% | 0.21x | 1.49x | $-5.38 Million |
| 2005 | -29.67% | -17.53% | 0.94x | 1.79x | $-4.14 Million |
| 2006 | 12.14% | 4.06% | 1.88x | 1.59x | $318.43K |
| 2007 | -331.42% | -32.14% | 1.47x | 7.02x | $-11.37 Million |
| 2008 | 0.00% | -212.87% | 0.15x | 0.00x | $-12.07 Million |
| 2009 | 117.93% | 27.30% | 1.34x | 3.23x | $16.77 Million |
| 2010 | 36.35% | 13.63% | 1.48x | 1.81x | $7.58 Million |
| 2011 | 8.76% | 4.17% | 1.21x | 1.74x | $-492.30K |
| 2012 | 12.75% | 7.23% | 1.16x | 1.52x | $1.21 Million |
| 2013 | -56.34% | -29.81% | 1.72x | 1.10x | $-16.91 Million |
| 2014 | -29.07% | 0.00% | 0.00x | 1.05x | $-8.10 Million |
| 2015 | -28.44% | 0.00% | 0.00x | 1.08x | $-6.93 Million |
| 2016 | -20.18% | 0.00% | 0.00x | 1.12x | $-4.26 Million |
| 2017 | -5.19% | 0.00% | 0.00x | 1.10x | $-1.87 Million |
| 2018 | 28.36% | 0.00% | 0.00x | 1.10x | $3.28 Million |
| 2019 | -24.89% | 0.00% | 0.00x | 1.13x | $-5.00 Million |
| 2020 | 7.96% | 0.00% | 0.00x | 1.16x | $-331.27K |
| 2021 | 48.27% | 0.00% | 0.00x | 1.09x | $10.33 Million |
| 2022 | -0.74% | 0.00% | 0.00x | 1.11x | $-2.83 Million |
| 2023 | -45.46% | 0.00% | 0.00x | 1.21x | $-10.47 Million |
| 2024 | 13.53% | 0.00% | 0.00x | 1.25x | $826.05K |
Industry Comparison
This section compares TVI Pacific Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TVI Pacific Inc (TVIPF) | $46.99 Million | -7.41% | 0.12x | $10.78 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |