Canadian General Investments Ltd (CGI) - Net Assets
Based on the latest financial reports, Canadian General Investments Ltd (CGI) has net assets worth CA$1.68 Billion CAD (≈ $1.22 Billion 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$1.89 Billion ≈ $1.36 Billion USD) and total liabilities (CA$202.32 Million ≈ $146.35 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. Also explore CGI total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.68 Billion |
| % of Total Assets | 89.27% |
| Annual Growth Rate | 6.2% |
| 5-Year Change | 31.48% |
| 10-Year Change | 188.32% |
| Growth Volatility | 21.65 |
Canadian General Investments Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Canadian General Investments Ltd's net assets have evolved over time, based on quarterly financial data. Check CGI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Canadian General Investments Ltd (2004–2025)
The table below shows the annual net assets of Canadian General Investments Ltd from 2004 to 2025. For live valuation and market cap data, see Canadian General Investments Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.68 Billion ≈ $1.22 Billion |
+16.36% |
| 2024-12-31 | CA$1.45 Billion ≈ $1.05 Billion |
+24.62% |
| 2023-12-31 | CA$1.16 Billion ≈ $839.45 Million |
+15.32% |
| 2022-12-31 | CA$1.01 Billion ≈ $727.95 Million |
-21.38% |
| 2021-12-31 | CA$1.28 Billion ≈ $925.86 Million |
+22.66% |
| 2020-12-31 | CA$1.04 Billion ≈ $754.83 Million |
+35.24% |
| 2019-12-31 | CA$771.55 Million ≈ $558.13 Million |
+28.13% |
| 2018-12-31 | CA$602.16 Million ≈ $435.60 Million |
-12.91% |
| 2017-12-31 | CA$691.44 Million ≈ $500.18 Million |
+18.47% |
| 2016-12-31 | CA$583.64 Million ≈ $422.20 Million |
+14.77% |
| 2015-12-31 | CA$508.53 Million ≈ $367.86 Million |
-9.90% |
| 2014-12-31 | CA$564.38 Million ≈ $408.27 Million |
+5.81% |
| 2013-12-31 | CA$533.40 Million ≈ $385.85 Million |
+17.29% |
| 2012-12-31 | CA$454.78 Million ≈ $328.98 Million |
+7.04% |
| 2011-12-31 | CA$424.88 Million ≈ $307.35 Million |
-15.03% |
| 2010-12-31 | CA$500.05 Million ≈ $361.73 Million |
+25.07% |
| 2009-12-31 | CA$399.80 Million ≈ $289.21 Million |
+38.82% |
| 2008-12-31 | CA$288.01 Million ≈ $208.34 Million |
-56.54% |
| 2007-12-31 | CA$662.78 Million ≈ $479.44 Million |
+1.48% |
| 2006-12-31 | CA$653.13 Million ≈ $472.46 Million |
+11.05% |
| 2005-12-31 | CA$588.15 Million ≈ $425.46 Million |
+23.57% |
| 2004-12-31 | CA$475.98 Million ≈ $344.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Canadian General Investments Ltd'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 grown by 866.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.55 Billion | 92.36% |
| Common Stock | CA$128.57 Million | 7.64% |
| Total Equity | CA$1.68 Billion | 100.00% |
Canadian General Investments Ltd Competitors by Market Cap
The table below lists competitors of Canadian General Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metals X Limited
F:FG5
|
$771.33 Million |
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
$771.64 Million |
|
Peakstone Realty Trust
NYSE:PKST
|
$771.78 Million |
|
Fujian Longma Envi Sanitation
SHG:603686
|
$772.04 Million |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351
|
$771.12 Million |
|
XiAn Tian He Defense Technology Co Ltd
SHE:300397
|
$771.10 Million |
|
Chong Hong Construction Co Ltd
TW:5534
|
$770.92 Million |
|
Gansu Guofang Gongmao(Grp)
SHG:601086
|
$770.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian General Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,446,155,000 to 1,682,754,000, a change of 236,599,000 (16.4%).
- Net income of 259,127,000 contributed positively to equity growth.
- Dividend payments of 22,528,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$259.13 Million | +15.4% |
| Dividends Paid | CA$22.53 Million | -1.34% |
| Total Change | CA$- | 16.36% |
Book Value vs Market Value Analysis
This analysis compares Canadian General Investments Ltd'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: 0.63x
- 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.
- The price-to-book ratio has decreased from 2.41x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$21.16 | CA$51.10 | x |
| 2005-12-31 | CA$25.67 | CA$51.10 | x |
| 2006-12-31 | CA$31.36 | CA$51.10 | x |
| 2007-12-31 | CA$31.98 | CA$51.10 | x |
| 2008-12-31 | CA$13.81 | CA$51.10 | x |
| 2009-12-31 | CA$19.17 | CA$51.10 | x |
| 2010-12-31 | CA$23.97 | CA$51.10 | x |
| 2011-12-31 | CA$20.36 | CA$51.10 | x |
| 2012-12-31 | CA$21.80 | CA$51.10 | x |
| 2013-12-31 | CA$25.57 | CA$51.10 | x |
| 2014-12-31 | CA$27.11 | CA$51.10 | x |
| 2015-12-31 | CA$24.41 | CA$51.10 | x |
| 2016-12-31 | CA$27.97 | CA$51.10 | x |
| 2017-12-31 | CA$33.16 | CA$51.10 | x |
| 2018-12-31 | CA$28.87 | CA$51.10 | x |
| 2019-12-31 | CA$36.99 | CA$51.10 | x |
| 2020-12-31 | CA$50.00 | CA$51.10 | x |
| 2021-12-31 | CA$61.33 | CA$51.10 | x |
| 2022-12-31 | CA$48.22 | CA$51.10 | x |
| 2023-12-31 | CA$55.64 | CA$51.10 | x |
| 2024-12-31 | CA$69.34 | CA$51.10 | x |
| 2025-12-31 | CA$80.66 | CA$51.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian General Investments Ltd 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): 15.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 275.55%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.12x
- Recent ROE (15.40%) is above the historical average (6.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.16% | 676.67% | 0.03x | 1.29x | CA$62.63 Million |
| 2005 | 25.06% | 962.84% | 0.02x | 1.24x | CA$88.55 Million |
| 2006 | 26.59% | 1126.99% | 0.02x | 1.33x | CA$108.33 Million |
| 2007 | 7.34% | 352.05% | 0.02x | 1.33x | CA$-17.66 Million |
| 2008 | -136.10% | -2229.47% | 0.04x | 1.53x | CA$-420.79 Million |
| 2009 | 30.88% | 1030.12% | 0.02x | 1.38x | CA$83.49 Million |
| 2010 | 24.07% | 970.07% | 0.02x | 1.30x | CA$70.38 Million |
| 2011 | -14.25% | -495.09% | 0.02x | 1.36x | CA$-103.02 Million |
| 2012 | 9.92% | 85.61% | 0.09x | 1.33x | CA$-379.20K |
| 2013 | 17.99% | 92.73% | 0.15x | 1.28x | CA$42.63 Million |
| 2014 | 8.01% | 86.15% | 0.07x | 1.26x | CA$-11.26 Million |
| 2015 | -7.87% | 0.00% | -0.05x | 1.30x | CA$-90.85 Million |
| 2016 | 15.59% | 95.45% | 0.13x | 1.26x | CA$32.61 Million |
| 2017 | 17.88% | 96.55% | 0.15x | 1.22x | CA$54.51 Million |
| 2018 | -12.19% | 0.00% | -0.09x | 1.25x | CA$-133.64 Million |
| 2019 | 24.12% | 96.37% | 0.20x | 1.23x | CA$108.92 Million |
| 2020 | 27.74% | 98.32% | 0.24x | 1.17x | CA$185.09 Million |
| 2021 | 19.91% | 95.12% | 0.18x | 1.14x | CA$126.80 Million |
| 2022 | -25.28% | 0.00% | -0.22x | 1.15x | CA$-355.02 Million |
| 2023 | 15.01% | 182.16% | 0.07x | 1.15x | CA$58.11 Million |
| 2024 | 21.20% | 211.58% | 0.09x | 1.14x | CA$161.96 Million |
| 2025 | 15.40% | 275.55% | 0.05x | 1.12x | CA$90.85 Million |
Industry Comparison
This section compares Canadian General Investments Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,606,178,518
- Average return on equity (ROE) among peers: 11.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canadian General Investments Ltd (CGI) | CA$1.68 Billion | 23.16% | 0.12x | $771.13 Million |
| Aberdeen International Inc. (AAB) | $32.38 Million | 9.01% | 0.06x | $2.32 Million |
| Base Carbon Inc. (BCBN) | $100.49 Million | 0.24% | 0.08x | $43.82 Million |
| Canadian Banc Corp (BK) | $304.60 Million | 1.01% | 0.01x | $601.96 Million |
| Brookfield Corporation (BN) | $6.40 Billion | 6.37% | 1.55x | $96.74 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $3.50 Billion | 10.58% | 0.00x | $7.50 Billion |
| CI Financial Corp (CIX) | $2.06 Billion | 24.28% | 1.21x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $778.69 Million | 15.31% | 0.17x | $784.66 Million |
| Cymbria Corporation (CYB) | $1.19 Billion | -1.16% | 0.04x | $1.02 Billion |
| Dividend 15 Split Corp II (DF) | $85.73 Million | 39.13% | 1.92x | $177.84 Million |
About Canadian General Investments Ltd
Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stoc… Read more