Xigem Technologies Corporation
Xigem Technologies Corporation provides technology platform for the remote working economy in Canada. The company offers iAgent, a mobile geo-targeted customer acquisition, conversion, and retention application for matching sales and services with consumers, treatment seekers, and students in various sectors in real-time; and Echo Digital, an AI powered digital sales and marketing platform. Xigem… Read more
Xigem Technologies Corporation (XIGMF) - Net Assets
Latest net assets as of September 2025: $516.03K USD
Based on the latest financial reports, Xigem Technologies Corporation (XIGMF) has net assets worth $516.03K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Million) and total liabilities ($877.20K). 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 | $516.03K |
| % of Total Assets | 37.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.93 |
Xigem Technologies Corporation - Net Assets Trend (2018–2024)
This chart illustrates how Xigem Technologies 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 Xigem Technologies Corporation (2018–2024)
The table below shows the annual net assets of Xigem Technologies Corporation from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $435.43K | -34.12% |
| 2023-12-31 | $660.92K | +127.27% |
| 2022-12-31 | $290.81K | -86.36% |
| 2021-12-31 | $2.13 Million | +1818.52% |
| 2020-12-31 | $-124.03K | -21.67% |
| 2019-12-31 | $-101.93K | -119.11% |
| 2018-12-31 | $-46.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xigem Technologies 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 decreased by 1410995700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.45 Million | 2400.16% |
| Other Components | $4.14 Million | 950.99% |
| Total Equity | $435.43K | 100.00% |
Xigem Technologies Corporation Competitors by Market Cap
The table below lists competitors of Xigem Technologies Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viracta Therapeutics Inc
NASDAQ:VIRX
|
$545.23K |
|
BANCA GENERALI
BE:B7A
|
$545.72K |
|
Environmental Waste International Inc
PINK:YEWTF
|
$545.78K |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
$545.86K |
|
OCI COMPANY (NEW)
KQ:456040
|
$544.94K |
|
PROTON MOT.PWR S.LS-005
F:P6K0
|
$544.51K |
|
Golden Spike Resources Corp.
PINK:GSPRF
|
$544.43K |
|
Hamashbir 365 Holdings Ltd
TA:MSBI
|
$544.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xigem Technologies Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 660,922 to 435,430, a change of -225,492 (-34.1%).
- Net loss of 488,242 reduced equity.
- New share issuances of 105,000 increased equity.
- Other comprehensive income decreased equity by 1,274,827.
- Other factors increased equity by 1,432,577.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-488.24K | -112.13% |
| Share Issuances | $105.00K | +24.11% |
| Other Comprehensive Income | $-1.27 Million | -292.77% |
| Other Changes | $1.43 Million | +329.0% |
| Total Change | $- | -34.12% |
Book Value vs Market Value Analysis
This analysis compares Xigem Technologies 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: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.01 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $-0.02 | $0.01 | x |
| 2021-12-31 | $0.25 | $0.01 | x |
| 2022-12-31 | $0.02 | $0.01 | x |
| 2023-12-31 | $0.02 | $0.01 | x |
| 2024-12-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xigem Technologies 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): -112.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.24%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 2.23x
- Recent ROE (-112.13%) is above the historical average (-389.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.87K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-70.22K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-79.24K |
| 2021 | -280.78% | 0.00% | 0.00x | 1.32x | $-6.20 Million |
| 2022 | -2141.48% | -1416.38% | 0.71x | 2.12x | $-6.26 Million |
| 2023 | -189.15% | -284.33% | 0.42x | 1.58x | $-1.32 Million |
| 2024 | -112.13% | -28.24% | 1.78x | 2.23x | $-531.78K |
Industry Comparison
This section compares Xigem Technologies Corporation's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xigem Technologies Corporation (XIGMF) | $516.03K | 0.00% | 1.70x | $544.97K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |