Canfor Pulp Products Inc. (CFX) - Net Assets

Latest as of December 2025: CA$32.60 Million CAD ≈ $23.58 Million USD

Based on the latest financial reports, Canfor Pulp Products Inc. (CFX) has net assets worth CA$32.60 Million CAD (≈ $23.58 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$334.10 Million ≈ $241.68 Million USD) and total liabilities (CA$301.50 Million ≈ $218.10 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 how tangible is Canfor Pulp Products Inc.'s equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$32.60 Million
% of Total Assets	9.76%
Annual Growth Rate	-10.86%
5-Year Change	-93.41%
10-Year Change	-93.27%
Growth Volatility	30.04

Canfor Pulp Products Inc. - Net Assets Trend (2006–2025)

This chart illustrates how Canfor Pulp Products Inc.'s net assets have evolved over time, based on quarterly financial data. See CFX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Canfor Pulp Products Inc. (2006–2025)

The table below shows the annual net assets of Canfor Pulp Products Inc. from 2006 to 2025. For live valuation and market cap data, see Canfor Pulp Products Inc. stock valuation.

Year	Net Assets	Change
2025-12-31	CA$32.60 Million ≈ $23.58 Million	-81.48%
2024-12-31	CA$176.00 Million ≈ $127.32 Million	-47.79%
2023-12-31	CA$337.10 Million ≈ $243.85 Million	-21.13%
2022-12-31	CA$427.40 Million ≈ $309.17 Million	-13.66%
2021-12-31	CA$495.00 Million ≈ $358.08 Million	-7.04%
2020-12-31	CA$532.50 Million ≈ $385.20 Million	-4.62%
2019-12-31	CA$558.30 Million ≈ $403.87 Million	-6.42%
2018-12-31	CA$596.60 Million ≈ $431.57 Million	+4.41%
2017-12-31	CA$571.40 Million ≈ $413.34 Million	+17.89%
2016-12-31	CA$484.70 Million ≈ $350.62 Million	+1.04%
2015-12-31	CA$479.70 Million ≈ $347.01 Million	-2.02%
2014-12-31	CA$489.60 Million ≈ $354.17 Million	+11.78%
2013-12-31	CA$438.00 Million ≈ $316.84 Million	+13.56%
2012-12-31	CA$385.70 Million ≈ $279.01 Million	+82.87%
2011-12-31	CA$210.92 Million ≈ $152.57 Million	-6.38%
2010-12-31	CA$225.30 Million ≈ $162.98 Million	-0.47%
2009-12-31	CA$226.36 Million ≈ $163.74 Million	-0.09%
2008-12-31	CA$226.56 Million ≈ $163.89 Million	-11.09%
2007-12-31	CA$254.82 Million ≈ $184.34 Million	-11.97%
2006-12-31	CA$289.49 Million ≈ $209.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Canfor Pulp Products 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 43833900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CA$480.80 Million	1474.85%
Total Equity	CA$32.60 Million	100.00%

Canfor Pulp Products Inc. Competitors by Market Cap

The table below lists competitors of Canfor Pulp Products Inc. ranked by their market capitalization.

Company	Market Cap
Crunchfish AB ST:CFISH	$24.08 Million
Arch Biopartners Inc V:ARCH	$24.08 Million
Dragonfly Energy Holdings Corp. NASDAQ:DFLI	$24.09 Million
Kainos Medicine Inc KQ:284620	$24.10 Million
Shivam Autotech Limited NSE:SHIVAMAUTO	$24.06 Million
Gromutual Bhd KLSE:9962	$24.05 Million
Avanti Energy Inc V:AVN	$24.04 Million
Belysse Group N.V. BR:BELYS	$24.04 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Canfor Pulp Products Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 176,000,000 to 32,600,000, a change of -143,400,000 (-81.5%).
Net loss of 146,700,000 reduced equity.
Other factors increased equity by 3,300,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-146.70 Million	-450.0%
Other Changes	CA$3.30 Million	+10.12%
Total Change	CA$-	-81.48%

Book Value vs Market Value Analysis

This analysis compares Canfor Pulp Products 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: 1.02x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.11x to 1.02x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CA$4.64	CA$0.51	x
2007-12-31	CA$7.18	CA$0.51	x
2008-12-31	CA$6.38	CA$0.51	x
2009-12-31	CA$6.38	CA$0.51	x
2010-12-31	CA$6.35	CA$0.51	x
2011-12-31	CA$5.90	CA$0.51	x
2012-12-31	CA$5.91	CA$0.51	x
2013-12-31	CA$6.16	CA$0.51	x
2014-12-31	CA$6.90	CA$0.51	x
2015-12-31	CA$6.84	CA$0.51	x
2016-12-31	CA$7.18	CA$0.51	x
2017-12-31	CA$8.67	CA$0.51	x
2018-12-31	CA$9.14	CA$0.51	x
2019-12-31	CA$8.56	CA$0.51	x
2020-12-31	CA$8.16	CA$0.51	x
2021-12-31	CA$7.59	CA$0.51	x
2022-12-31	CA$6.55	CA$0.51	x
2023-12-31	CA$5.17	CA$0.51	x
2024-12-31	CA$2.70	CA$0.51	x
2025-12-31	CA$0.50	CA$0.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Canfor Pulp Products 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): -450.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -21.61%
• Asset Turnover: 2.03x
• Equity Multiplier: 10.25x
Recent ROE (-450.00%) is below the historical average (-19.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	7.10%	100.00%	0.07x	1.04x	CA$-8.39 Million
2007	10.99%	43.33%	0.22x	1.16x	CA$2.53 Million
2008	8.92%	86.79%	0.09x	1.18x	CA$-2.45 Million
2009	4.01%	136.45%	0.02x	1.18x	CA$-13.57 Million
2010	40.16%	102.08%	0.32x	1.24x	CA$67.96 Million
2011	34.42%	105.16%	0.27x	1.22x	CA$51.51 Million
2012	2.44%	1.16%	1.07x	1.97x	CA$-29.17 Million
2013	9.54%	4.71%	1.15x	1.75x	CA$-2.00 Million
2014	18.28%	9.13%	1.19x	1.69x	CA$40.54 Million
2015	22.22%	9.07%	1.40x	1.75x	CA$58.63 Million
2016	11.92%	5.25%	1.32x	1.73x	CA$9.33 Million
2017	17.87%	8.52%	1.34x	1.56x	CA$44.96 Million
2018	30.91%	13.42%	1.47x	1.56x	CA$124.74 Million
2019	-5.46%	-2.80%	1.18x	1.65x	CA$-86.33 Million
2020	-4.21%	-2.26%	1.08x	1.73x	CA$-75.65 Million
2021	-8.97%	-3.88%	1.36x	1.70x	CA$-93.90 Million
2022	-18.51%	-7.29%	1.44x	1.77x	CA$-121.84 Million
2023	-28.51%	-10.98%	1.30x	2.00x	CA$-129.81 Million
2024	-91.99%	-20.27%	1.76x	2.57x	CA$-179.50 Million
2025	-450.00%	-21.61%	2.03x	10.25x	CA$-149.96 Million

Industry Comparison

This section compares Canfor Pulp Products Inc.'s net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

Industry: Paper & Paper Products
Average net assets among peers: $2,284,136
Average return on equity (ROE) among peers: 5.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Canfor Pulp Products Inc. (CFX)	CA$32.60 Million	7.10%	9.25x	$24.07 Million
Westbond Enterprises Corp (WBE)	$2.28 Million	5.02%	1.17x	$6.06 Million

About Canfor Pulp Products Inc.

TO:CFX Canada Paper & Paper Products

Market Cap

$24.07 Million

CA$33.27 Million CAD

Market Cap Rank

#24542 Global

#944 in Canada

Share Price

CA$0.51

Change (1 day)

+0.00%

52-Week Range

CA$0.34 - CA$0.73

All Time High

CA$73.42