Burcon NutraScience Corporation (BU) - Net Assets
Based on the latest financial reports, Burcon NutraScience Corporation (BU) has net assets worth CA$-2.49 Million CAD (≈ $-1.80 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$23.97 Million ≈ $17.34 Million USD) and total liabilities (CA$26.46 Million ≈ $19.14 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BU goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.49 Million |
| % of Total Assets | -10.37% |
| Annual Growth Rate | 10.95% |
| 5-Year Change | -80.86% |
| 10-Year Change | 68.85% |
| Growth Volatility | 218.6 |
Burcon NutraScience Corporation - Net Assets Trend (1999–2025)
This chart illustrates how Burcon NutraScience Corporation's net assets have evolved over time, based on quarterly financial data. See BU days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Burcon NutraScience Corporation (1999–2025)
The table below shows the annual net assets of Burcon NutraScience Corporation from 1999 to 2025. For live valuation and market cap data, see BU stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$6.94 Million ≈ $5.02 Million |
+34.74% |
| 2024-03-31 | CA$5.15 Million ≈ $3.73 Million |
+24.56% |
| 2023-03-31 | CA$4.14 Million ≈ $2.99 Million |
-85.35% |
| 2022-03-31 | CA$28.25 Million ≈ $20.43 Million |
-22.13% |
| 2021-03-31 | CA$36.27 Million ≈ $26.24 Million |
+58.08% |
| 2020-03-31 | CA$22.95 Million ≈ $16.60 Million |
+1258.82% |
| 2019-03-31 | CA$-1.98 Million ≈ $-1.43 Million |
-184.44% |
| 2018-03-31 | CA$2.35 Million ≈ $1.70 Million |
-43.00% |
| 2017-03-31 | CA$4.11 Million ≈ $2.98 Million |
+0.04% |
| 2016-03-31 | CA$4.11 Million ≈ $2.97 Million |
-29.00% |
| 2015-03-31 | CA$5.79 Million ≈ $4.19 Million |
+33.98% |
| 2014-03-31 | CA$4.32 Million ≈ $3.13 Million |
-55.64% |
| 2013-03-31 | CA$9.75 Million ≈ $7.05 Million |
+3.83% |
| 2012-03-31 | CA$9.39 Million ≈ $6.79 Million |
-27.26% |
| 2011-03-31 | CA$12.91 Million ≈ $9.34 Million |
-17.91% |
| 2010-03-31 | CA$15.72 Million ≈ $11.37 Million |
+297.91% |
| 2009-03-31 | CA$3.95 Million ≈ $2.86 Million |
-36.51% |
| 2008-03-31 | CA$6.22 Million ≈ $4.50 Million |
-23.39% |
| 2007-03-31 | CA$8.12 Million ≈ $5.88 Million |
+74.96% |
| 2006-03-31 | CA$4.64 Million ≈ $3.36 Million |
+33.95% |
| 2005-03-31 | CA$3.47 Million ≈ $2.51 Million |
-42.62% |
| 2004-03-31 | CA$6.04 Million ≈ $4.37 Million |
+59.27% |
| 2003-03-31 | CA$3.79 Million ≈ $2.74 Million |
-3.66% |
| 2002-03-31 | CA$3.94 Million ≈ $2.85 Million |
-35.20% |
| 2001-03-31 | CA$6.08 Million ≈ $4.39 Million |
+14.46% |
| 2000-03-31 | CA$5.31 Million ≈ $3.84 Million |
+1039.81% |
| 1999-03-31 | CA$465.69K ≈ $336.87K |
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Equity Component Analysis
This analysis shows how different components contribute to Burcon NutraScience 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 15030228300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$131.58 Million | 1894.99% |
| Other Comprehensive Income | CA$6.46 Million | 92.99% |
| Other Components | CA$19.22 Million | 276.75% |
| Total Equity | CA$6.94 Million | 100.00% |
Burcon NutraScience Corporation Competitors by Market Cap
The table below lists competitors of Burcon NutraScience Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangkok Sheet Metal Public Company Limited
BK:BM
|
$20.57 Million |
|
Mostostal Warszawa S.A.
WAR:MSW
|
$20.59 Million |
|
VIRINCHI ORD (BSE)
NSE:VIRINCHI
|
$20.59 Million |
|
Tah Tong Textile Co Ltd
TW:1441
|
$20.61 Million |
|
Alma Metals Ltd
AU:ALM
|
$20.56 Million |
|
Welcron Company Limited
KQ:065950
|
$20.55 Million |
|
Zodiac Clothing Company Limited
NSE:ZODIACLOTH
|
$20.55 Million |
|
BLUELAKE MINERAL AB
F:5KG0
|
$20.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Burcon NutraScience Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,153,499 to 6,943,662, a change of 1,790,163 (34.7%).
- Net loss of 8,264,787 reduced equity.
- Share repurchases of 9,524,880 reduced equity.
- Other comprehensive income decreased equity by 1,389,267.
- Other factors increased equity by 20,969,097.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.26 Million | -119.03% |
| Share Repurchases | CA$9.52 Million | -137.17% |
| Other Comprehensive Income | CA$-1.39 Million | -20.01% |
| Other Changes | CA$20.97 Million | +301.99% |
| Total Change | CA$- | 34.74% |
Book Value vs Market Value Analysis
This analysis compares Burcon NutraScience 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: 2.52x
- 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 73.76x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-03-31 | CA$0.03 | CA$2.24 | x |
| 2000-03-31 | CA$0.24 | CA$2.24 | x |
| 2001-03-31 | CA$0.16 | CA$2.24 | x |
| 2002-03-31 | CA$0.09 | CA$2.24 | x |
| 2003-03-31 | CA$0.07 | CA$2.24 | x |
| 2004-03-31 | CA$0.11 | CA$2.24 | x |
| 2005-03-31 | CA$0.06 | CA$2.24 | x |
| 2006-03-31 | CA$0.06 | CA$2.24 | x |
| 2007-03-31 | CA$0.10 | CA$2.24 | x |
| 2008-03-31 | CA$0.07 | CA$2.24 | x |
| 2009-03-31 | CA$0.05 | CA$2.24 | x |
| 2010-03-31 | CA$0.16 | CA$2.24 | x |
| 2011-03-31 | CA$0.13 | CA$2.24 | x |
| 2012-03-31 | CA$0.09 | CA$2.24 | x |
| 2013-03-31 | CA$0.09 | CA$2.24 | x |
| 2014-03-31 | CA$0.04 | CA$2.24 | x |
| 2015-03-31 | CA$0.05 | CA$2.24 | x |
| 2016-03-31 | CA$0.03 | CA$2.24 | x |
| 2017-03-31 | CA$0.07 | CA$2.24 | x |
| 2018-03-31 | CA$0.04 | CA$2.24 | x |
| 2019-03-31 | CA$-0.01 | CA$2.24 | x |
| 2020-03-31 | CA$0.15 | CA$2.24 | x |
| 2021-03-31 | CA$0.35 | CA$2.24 | x |
| 2022-03-31 | CA$0.13 | CA$2.24 | x |
| 2023-03-31 | CA$0.02 | CA$2.24 | x |
| 2024-03-31 | CA$0.02 | CA$2.24 | x |
| 2025-03-31 | CA$0.89 | CA$2.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Burcon NutraScience Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -119.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2166.98%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 4.42x
- Recent ROE (-119.03%) is below the historical average (-97.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -1.93% | 0.00% | 0.00x | 1.03x | CA$-55.57K |
| 2000 | -12.01% | -63763900.00% | 0.00x | 1.01x | CA$-1.17 Million |
| 2001 | -33.98% | -103231900.00% | 0.00x | 1.05x | CA$-2.67 Million |
| 2002 | -98.30% | 0.00% | 0.00x | 1.07x | CA$-4.26 Million |
| 2003 | -90.69% | 0.00% | 0.00x | 1.06x | CA$-3.82 Million |
| 2004 | -42.98% | 0.00% | 0.00x | 1.05x | CA$-3.20 Million |
| 2005 | -90.98% | 0.00% | 0.00x | 1.05x | CA$-3.50 Million |
| 2006 | -61.54% | 0.00% | 0.00x | 1.04x | CA$-3.32 Million |
| 2007 | -43.67% | 0.00% | 0.00x | 1.04x | CA$-4.36 Million |
| 2008 | -64.96% | 0.00% | 0.00x | 1.03x | CA$-4.66 Million |
| 2009 | -121.79% | 0.00% | 0.00x | 1.09x | CA$-5.21 Million |
| 2010 | -42.37% | 0.00% | 0.00x | 1.03x | CA$-8.23 Million |
| 2011 | -68.24% | 0.00% | 0.00x | 1.10x | CA$-10.10 Million |
| 2012 | -63.52% | 0.00% | 0.00x | 1.12x | CA$-6.90 Million |
| 2013 | -56.90% | -18296.62% | 0.00x | 1.08x | CA$-6.52 Million |
| 2014 | -137.90% | -6293.60% | 0.02x | 1.18x | CA$-6.39 Million |
| 2015 | -113.60% | -6243.11% | 0.02x | 1.16x | CA$-7.16 Million |
| 2016 | -159.76% | -6175.18% | 0.02x | 1.18x | CA$-6.98 Million |
| 2017 | -140.42% | -6576.05% | 0.01x | 1.65x | CA$-6.19 Million |
| 2018 | -239.78% | -11471.79% | 0.01x | 2.32x | CA$-5.86 Million |
| 2019 | 0.00% | -11890.83% | 0.02x | 0.00x | CA$-4.58 Million |
| 2020 | -20.19% | -14882.42% | 0.00x | 1.36x | CA$-6.93 Million |
| 2021 | -1.70% | -238.74% | 0.01x | 1.04x | CA$-4.24 Million |
| 2022 | -36.32% | -5982.59% | 0.01x | 1.04x | CA$-13.08 Million |
| 2023 | -613.06% | -6969.87% | 0.04x | 2.39x | CA$-25.78 Million |
| 2024 | -144.49% | -4038.96% | 0.01x | 2.51x | CA$-7.96 Million |
| 2025 | -119.03% | -2166.98% | 0.01x | 4.42x | CA$-8.96 Million |
Industry Comparison
This section compares Burcon NutraScience Corporation's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $187,912,417
- Average return on equity (ROE) among peers: -26.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Burcon NutraScience Corporation (BU) | CA$-2.49 Million | -1.93% | N/A | $20.57 Million |
| Astron Connect Inc (AST) | $1.84 Million | -70.73% | 0.38x | $656.93K |
| Else Nutrition Holdings Inc (BABY) | $3.66 Million | -147.02% | 0.24x | $676.57K |
| BioNeutra Global Corp (BGA) | $-1.03 Million | 0.00% | 0.00x | $1.01 Million |
| Canyon Creek Food Company Ltd (CYF) | $-27.10 Million | 0.00% | 0.00x | $702.98K |
| High Liner Foods Incorporated (HLF) | $200.52 Million | 14.75% | 2.46x | $307.04 Million |
| Inter Rock Minerals Inc (IRO) | $5.57 Million | 29.32% | 2.38x | $16.48 Million |
| Jamieson Wellness Inc (JWEL) | $240.72 Million | 11.08% | 1.28x | $1.12 Billion |
| Lifeist Wellness Inc (LFST) | $26.06 Million | -91.32% | 0.46x | $1.33 Million |
| Maple Leaf Foods Inc. (MFI) | $1.24 Billion | 16.69% | 1.42x | $2.77 Billion |
About Burcon NutraScience Corporation
Burcon NutraScience Corporation, together with its subsidiaries, provides plant-based proteins for the food and beverage industry in Canada. The company offers peas, which includes Peazazz, a pea protein for use in dairy alternatives; and canola protein, which comprises meat alternatives, egg alternatives, non-dairy frozen desserts, ready-to-mix beverages, whipped toppings and nutrition bars, and… Read more