Belo Sun Mining Corp. (BSX) - Net Assets

Latest as of September 2025: CA$16.19 Million CAD

Based on the latest financial reports, Belo Sun Mining Corp. (BSX) has net assets worth CA$16.19 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$18.24 Million) and total liabilities (CA$2.05 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 CA$16.19 Million
% of Total Assets 88.76%
Annual Growth Rate 2.66%
5-Year Change -60.22%
10-Year Change 19.37%
Growth Volatility 240.13

Belo Sun Mining Corp. - Net Assets Trend (1997–2024)

This chart illustrates how Belo Sun Mining 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 Belo Sun Mining Corp. (1997–2024)

The table below shows the annual net assets of Belo Sun Mining Corp. from 1997 to 2024.

Year Net Assets Change
2024-12-31 CA$20.23 Million -19.38%
2023-12-31 CA$25.09 Million -28.80%
2022-12-31 CA$35.24 Million -24.31%
2021-12-31 CA$46.55 Million -8.44%
2020-12-31 CA$50.84 Million -7.07%
2019-12-31 CA$54.71 Million -13.29%
2018-12-31 CA$63.09 Million -14.25%
2017-12-31 CA$73.58 Million -14.32%
2016-12-31 CA$85.87 Million +406.82%
2015-12-31 CA$16.94 Million +79.44%
2014-12-31 CA$9.44 Million -51.61%
2013-12-31 CA$19.51 Million -60.10%
2012-12-31 CA$48.91 Million +51.64%
2011-12-31 CA$32.25 Million +58.68%
2010-12-31 CA$20.32 Million +99.30%
2009-12-31 CA$10.20 Million +22.44%
2008-12-31 CA$8.33 Million -8.22%
2007-12-31 CA$9.07 Million +84.32%
2006-12-31 CA$4.92 Million +1135.39%
2005-12-31 CA$398.52K -57.41%
2004-12-31 CA$935.71K -32.23%
2003-12-31 CA$1.38 Million +407.76%
2002-12-31 CA$271.90K -86.81%
2001-12-31 CA$2.06 Million -33.23%
2000-12-31 CA$3.09 Million -43.06%
1999-12-31 CA$5.42 Million -45.29%
1998-12-31 CA$9.91 Million -0.42%
1997-12-31 CA$9.95 Million --

Equity Component Analysis

This analysis shows how different components contribute to Belo Sun Mining 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 24765552300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$263.93 Million 1304.91%
Other Comprehensive Income CA$2.41 Million 11.90%
Other Components CA$2.87 Million 14.18%
Total Equity CA$20.23 Million 100.00%

Belo Sun Mining Corp. Competitors by Market Cap

The table below lists competitors of Belo Sun Mining Corp. ranked by their market capitalization.

Company Market Cap
Tianjin LVYIN Landscape and Ecology Construction Co Ltd
SHE:002887
 		$501.04 Million
Ambassador Hotel Ltd
TW:2704
 		$501.13 Million
Mativ Holdings Inc.
NYSE:MATV
 		$501.21 Million
Shijihengtong Technology Co. Ltd. A
SHE:301428
 		$501.43 Million
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380
 		$500.60 Million
Jiangxi JDL Environmental Protection Co. Ltd. A
SHG:688057
 		$500.40 Million
Xin Hee Co Ltd
SHE:003016
 		$500.28 Million
Zhejiang Talent Television&Film Co Ltd
SHE:300426
 		$500.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Belo Sun Mining Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 25,088,223 to 20,225,862, a change of -4,862,361 (-19.4%).
  • Net loss of 7,288,000 reduced equity.
  • Share repurchases of 1,166,080 reduced equity.
  • New share issuances of 1,166,079 increased equity.
  • Other comprehensive income decreased equity by 3,221,960.
  • Other factors increased equity by 5,647,600.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-7.29 Million -36.03%
Share Repurchases CA$1.17 Million -5.77%
Share Issuances CA$1.17 Million +5.77%
Other Comprehensive Income CA$-3.22 Million -15.93%
Other Changes CA$5.65 Million +27.92%
Total Change CA$- -19.38%

Book Value vs Market Value Analysis

This analysis compares Belo Sun Mining 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: 33.08x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 2.81x to 33.08x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CA$0.52 CA$1.47 x
1998-12-31 CA$0.51 CA$1.47 x
1999-12-31 CA$0.23 CA$1.47 x
2000-12-31 CA$0.12 CA$1.47 x
2001-12-31 CA$0.08 CA$1.47 x
2002-12-31 CA$0.01 CA$1.47 x
2003-12-31 CA$0.04 CA$1.47 x
2004-12-31 CA$0.02 CA$1.47 x
2005-12-31 CA$0.01 CA$1.47 x
2006-12-31 CA$0.07 CA$1.47 x
2007-12-31 CA$0.10 CA$1.47 x
2008-12-31 CA$0.09 CA$1.47 x
2009-12-31 CA$0.10 CA$1.47 x
2010-12-31 CA$0.15 CA$1.47 x
2011-12-31 CA$0.17 CA$1.47 x
2012-12-31 CA$0.21 CA$1.47 x
2013-12-31 CA$0.07 CA$1.47 x
2014-12-31 CA$0.03 CA$1.47 x
2015-12-31 CA$0.05 CA$1.47 x
2016-12-31 CA$0.21 CA$1.47 x
2017-12-31 CA$0.16 CA$1.47 x
2018-12-31 CA$0.14 CA$1.47 x
2019-12-31 CA$0.12 CA$1.47 x
2020-12-31 CA$0.11 CA$1.47 x
2021-12-31 CA$0.10 CA$1.47 x
2022-12-31 CA$0.08 CA$1.47 x
2023-12-31 CA$0.06 CA$1.47 x
2024-12-31 CA$0.04 CA$1.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Belo Sun Mining 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): -36.03%
  • 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: 1.15x
  • Recent ROE (-36.03%) is above the historical average (-95.66%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -10.26% -523.89% 0.02x 1.05x CA$-2.02 Million
1998 -5.89% -6853.49% 0.00x 1.10x CA$-1.57 Million
1999 -95.82% -6240.99% 0.01x 1.33x CA$-5.74 Million
2000 -98.21% -35860.44% 0.00x 1.43x CA$-3.34 Million
2001 -111.05% 0.00% 0.00x 1.53x CA$-2.50 Million
2002 -838.16% 0.00% 0.00x 6.21x CA$-2.31 Million
2003 -150.51% 0.00% 0.00x 1.38x CA$-2.22 Million
2004 -83.68% 0.00% 0.00x 1.82x CA$-876.57K
2005 -405.25% 0.00% 0.00x 3.23x CA$-1.65 Million
2006 -11.80% 0.00% 0.00x 1.11x CA$-1.07 Million
2007 -18.40% 0.00% 0.00x 1.06x CA$-2.58 Million
2008 -26.10% 0.00% 0.00x 1.05x CA$-3.01 Million
2009 -7.24% 0.00% 0.00x 1.05x CA$-1.76 Million
2010 -23.41% 0.00% 0.00x 1.06x CA$-6.79 Million
2011 -101.92% 0.00% 0.00x 1.07x CA$-36.10 Million
2012 -98.98% 0.00% 0.00x 1.10x CA$-53.30 Million
2013 -166.72% 0.00% 0.00x 1.05x CA$-34.48 Million
2014 -160.93% 0.00% 0.00x 1.39x CA$-16.14 Million
2015 -60.86% 0.00% 0.00x 1.23x CA$-12.01 Million
2016 -18.02% 0.00% 0.00x 1.11x CA$-24.07 Million
2017 -16.97% 0.00% 0.00x 1.13x CA$-19.85 Million
2018 -12.78% 0.00% 0.00x 1.07x CA$-14.37 Million
2019 -14.61% 0.00% 0.00x 1.08x CA$-13.46 Million
2020 -10.80% 0.00% 0.00x 1.07x CA$-10.58 Million
2021 -13.33% 0.00% 0.00x 1.04x CA$-10.86 Million
2022 -37.89% 0.00% 0.00x 1.04x CA$-16.87 Million
2023 -42.72% 0.00% 0.00x 1.07x CA$-13.23 Million
2024 -36.03% 0.00% 0.00x 1.15x CA$-9.31 Million

Industry Comparison

This section compares Belo Sun Mining Corp.'s net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $37,435,313
  • Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Belo Sun Mining Corp. (BSX) CA$16.19 Million -10.26% 0.13x $500.62 Million
Abcourt Mines Inc. (ABI) $-3.13 Million 0.00% 0.00x $86.06 Million
Athabasca Minerals Inc (ABM) $20.44 Million -35.77% 0.45x $3.68 Million
American Eagle Gold Corp (AE) $3.52 Million -143.42% 0.34x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $1.78 Million -62.23% 0.56x $1.76 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $9.71 Million
Alkane Resources Limited (ALK) $309.37 Million 5.71% 0.50x $985.87 Million
Alliance Mining Corp (ALM) $-656.72K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $21.46 Million -7.16% 0.01x $38.60 Million
Argus Metals Corp. (AML) $3.56 Million -6.01% 0.17x $1.59 Million

About Belo Sun Mining Corp.

TO:BSX Canada Gold
Market Cap
$500.62 Million
CA$692.05 Million CAD
Market Cap Rank
#13267 Global
#250 in Canada
Share Price
CA$1.47
Change (1 day)
-3.29%
52-Week Range
CA$0.20 - CA$1.59
All Time High
CA$1.59
Categories
Companies in Canada Gold
About

Belo Sun Mining Corp, through its subsidiaries, operates as a gold exploration and development company in Brazil. Its principle asset is the 100% owned Volta Grande Gold project consisting of four mining concession applications, 7 exploration permits, 64 exploration permits extension submitted, and 4 ratification submitted covering a total area of 157.352 hectares located in the northern region o… Read more