Conifex Timber Inc (CFF) - Net Assets
Based on the latest financial reports, Conifex Timber Inc (CFF) has net assets worth CA$61.39 Million CAD (≈ $44.41 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 (CA$204.89 Million ≈ $148.21 Million USD) and total liabilities (CA$143.50 Million ≈ $103.81 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 CFF asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$61.39 Million |
| % of Total Assets | 29.96% |
| Annual Growth Rate | 41.43% |
| 5-Year Change | -26.27% |
| 10-Year Change | -19.29% |
| Growth Volatility | 13237.22 |
Conifex Timber Inc - Net Assets Trend (2007–2024)
This chart illustrates how Conifex Timber Inc's net assets have evolved over time, based on quarterly financial data. Also explore Conifex Timber Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Conifex Timber Inc (2007–2024)
The table below shows the annual net assets of Conifex Timber Inc from 2007 to 2024. For live valuation and market cap data, see how much is Conifex Timber Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$85.84 Million ≈ $62.10 Million |
-25.68% |
| 2023-12-31 | CA$115.50 Million ≈ $83.55 Million |
-21.03% |
| 2022-12-31 | CA$146.27 Million ≈ $105.81 Million |
+12.66% |
| 2021-12-31 | CA$129.83 Million ≈ $93.92 Million |
+11.52% |
| 2020-12-31 | CA$116.42 Million ≈ $84.22 Million |
-6.58% |
| 2019-12-31 | CA$124.61 Million ≈ $90.14 Million |
-63.36% |
| 2018-12-31 | CA$340.10 Million ≈ $246.02 Million |
+62.23% |
| 2017-12-31 | CA$209.64 Million ≈ $151.65 Million |
+18.10% |
| 2016-12-31 | CA$177.51 Million ≈ $128.41 Million |
+66.90% |
| 2015-12-31 | CA$106.36 Million ≈ $76.94 Million |
-13.01% |
| 2014-12-31 | CA$122.26 Million ≈ $88.44 Million |
+5.10% |
| 2013-12-31 | CA$116.33 Million ≈ $84.15 Million |
+13.80% |
| 2012-12-31 | CA$102.22 Million ≈ $73.94 Million |
+25.50% |
| 2011-12-31 | CA$81.45 Million ≈ $58.92 Million |
-15.89% |
| 2010-12-31 | CA$96.83 Million ≈ $70.05 Million |
+56260.59% |
| 2009-12-31 | CA$171.81K ≈ $124.28K |
-16.29% |
| 2008-12-31 | CA$205.24K ≈ $148.47K |
-13.32% |
| 2007-12-31 | CA$236.77K ≈ $171.27K |
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Equity Component Analysis
This analysis shows how different components contribute to Conifex Timber 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 20655170800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$246.39 Million | 287.03% |
| Other Comprehensive Income | CA$570.70K | 0.66% |
| Other Components | CA$45.48 Million | 52.98% |
| Total Equity | CA$85.84 Million | 100.00% |
Conifex Timber Inc Competitors by Market Cap
The table below lists competitors of Conifex Timber Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siti Networks Limited
NSE:SITINET
|
$3.40 Million |
|
GGL Resources Corp
V:GGL
|
$3.40 Million |
|
Ordissimo
PA:ALORD
|
$3.40 Million |
|
Superior Mining International Corp
V:SUI
|
$3.40 Million |
|
QMC Quantum Minerals Corp
V:QMC
|
$3.39 Million |
|
British Smaller Companies Vct Plc
LSE:BSV
|
$3.38 Million |
|
Kaushalya Infrastructure Development Corporation Limited
NSE:KAUSHALYA
|
$3.38 Million |
|
Citrus Plant5-L
TA:CTPL5
|
$3.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conifex Timber Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,503,200 to 85,841,300, a change of -29,661,900 (-25.7%).
- Net loss of 29,781,200 reduced equity.
- Other comprehensive income increased equity by 4,600.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-29.78 Million | -34.69% |
| Other Comprehensive Income | CA$4.60K | +0.01% |
| Other Changes | CA$114.70K | +0.13% |
| Total Change | CA$- | -25.68% |
Book Value vs Market Value Analysis
This analysis compares Conifex Timber 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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$3.68 | CA$0.12 | x |
| 2008-12-31 | CA$2.42 | CA$0.12 | x |
| 2009-12-31 | CA$0.04 | CA$0.12 | x |
| 2010-12-31 | CA$9.15 | CA$0.12 | x |
| 2011-12-31 | CA$5.36 | CA$0.12 | x |
| 2012-12-31 | CA$5.41 | CA$0.12 | x |
| 2013-12-31 | CA$5.60 | CA$0.12 | x |
| 2014-12-31 | CA$5.85 | CA$0.12 | x |
| 2015-12-31 | CA$5.06 | CA$0.12 | x |
| 2016-12-31 | CA$8.39 | CA$0.12 | x |
| 2017-12-31 | CA$8.24 | CA$0.12 | x |
| 2018-12-31 | CA$9.37 | CA$0.12 | x |
| 2019-12-31 | CA$2.66 | CA$0.12 | x |
| 2020-12-31 | CA$2.48 | CA$0.12 | x |
| 2021-12-31 | CA$2.87 | CA$0.12 | x |
| 2022-12-31 | CA$3.65 | CA$0.12 | x |
| 2023-12-31 | CA$2.89 | CA$0.12 | x |
| 2024-12-31 | CA$1.94 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conifex Timber Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.31%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.38x
- Recent ROE (-34.69%) is below the historical average (-6.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -19.89% | 0.00% | 0.00x | 1.04x | CA$-70.77K |
| 2008 | -15.36% | 0.00% | 0.00x | 1.06x | CA$-52.05K |
| 2009 | -19.46% | 0.00% | 0.00x | 1.09x | CA$-50.61K |
| 2010 | -11.13% | -18.78% | 0.45x | 1.31x | CA$-20.46 Million |
| 2011 | -20.72% | -13.50% | 0.93x | 1.65x | CA$-25.02 Million |
| 2012 | -15.83% | -7.44% | 1.29x | 1.65x | CA$-26.41 Million |
| 2013 | 8.21% | 3.68% | 1.14x | 1.95x | CA$-2.09 Million |
| 2014 | 3.80% | 1.32% | 1.19x | 2.43x | CA$-7.58 Million |
| 2015 | -16.29% | -4.90% | 1.06x | 3.12x | CA$-27.96 Million |
| 2016 | 39.57% | 17.16% | 1.12x | 2.06x | CA$52.48 Million |
| 2017 | 8.10% | 3.61% | 1.06x | 2.12x | CA$-3.99 Million |
| 2018 | -2.07% | -1.05% | 0.91x | 2.17x | CA$-41.06 Million |
| 2019 | -24.43% | -19.34% | 0.34x | 3.70x | CA$-42.90 Million |
| 2020 | -5.81% | -5.26% | 0.59x | 1.86x | CA$-18.41 Million |
| 2021 | 20.95% | 10.85% | 1.08x | 1.78x | CA$14.21 Million |
| 2022 | 16.75% | 10.59% | 0.90x | 1.76x | CA$9.87 Million |
| 2023 | -26.52% | -21.70% | 0.64x | 1.90x | CA$-42.18 Million |
| 2024 | -34.69% | -23.31% | 0.63x | 2.38x | CA$-38.37 Million |
Industry Comparison
This section compares Conifex Timber Inc's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $1,558,848,361
- Average return on equity (ROE) among peers: 14.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conifex Timber Inc (CFF) | CA$61.39 Million | -19.89% | 2.34x | $3.39 Million |
| Acadian Timber Corp (ADN) | $91.90 Million | 20.57% | 1.49x | $231.37 Million |
| Canfor Corporation (CFP) | $2.00 Billion | 17.26% | 0.74x | $1.03 Billion |
| Goodfellow Inc. (GDL) | $116.04 Million | 3.75% | 0.61x | $70.07 Million |
| Interfor Corp (IFP) | $372.75 Million | 6.63% | 0.52x | $466.23 Million |
| Stella-Jones Inc. (SJ) | $179.98 Million | 16.71% | 1.06x | $3.26 Billion |
| Western Forest Products Inc (WEF) | $566.30 Million | -5.37% | 0.62x | $112.66 Million |
| West Fraser Timber Co Ltd (WFG) | $7.58 Billion | 38.53% | 0.36x | $4.67 Billion |
About Conifex Timber Inc
Conifex Timber Inc. manufactures, sells, and distributes lumber in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; and provision of by-products and residuals, such as wood chips, trim blocks, sawdust, shavings, and barks. The company also engages in bioenergy operations. It operates 36 megawatt bioene… Read more