Euro Sun Mining Inc (ESM) - Net Assets
Based on the latest financial reports, Euro Sun Mining Inc (ESM) has net assets worth CA$-4.08 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$2.44 Million) and total liabilities (CA$6.51 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.08 Million |
| % of Total Assets | -167.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -129.92% |
| 10-Year Change | N/A |
| Growth Volatility | 140.32 |
Euro Sun Mining Inc - Net Assets Trend (2002–2024)
This chart illustrates how Euro Sun Mining Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Euro Sun Mining Inc (2002–2024)
The table below shows the annual net assets of Euro Sun Mining Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.13 Million | +56.80% |
| 2023-12-31 | CA$-4.94 Million | -18.29% |
| 2022-12-31 | CA$-4.17 Million | -120.40% |
| 2021-12-31 | CA$-1.89 Million | -126.57% |
| 2020-12-31 | CA$7.13 Million | +621.87% |
| 2019-12-31 | CA$-1.37 Million | -255.82% |
| 2018-12-31 | CA$876.42K | -86.11% |
| 2017-12-31 | CA$6.31 Million | +29.14% |
| 2016-12-31 | CA$4.88 Million | +101.96% |
| 2015-12-31 | CA$-249.23 Million | -53.17% |
| 2014-12-31 | CA$-162.72 Million | -378.28% |
| 2013-12-31 | CA$58.47 Million | -37.55% |
| 2012-12-31 | CA$93.62 Million | -22.92% |
| 2011-12-31 | CA$121.46 Million | +28.31% |
| 2010-12-31 | CA$94.66 Million | +93.98% |
| 2009-12-31 | CA$48.80 Million | +34.08% |
| 2008-12-31 | CA$36.40 Million | +10.33% |
| 2007-12-31 | CA$32.99 Million | +113.27% |
| 2006-12-31 | CA$15.47 Million | +227.24% |
| 2005-12-31 | CA$4.73 Million | +13.95% |
| 2004-12-31 | CA$4.15 Million | +8.06% |
| 2003-12-31 | CA$3.84 Million | +93.35% |
| 2002-12-31 | CA$1.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Euro Sun Mining 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 24593005000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$243.98 Million | % |
| Other Comprehensive Income | CA$347.21K | % |
| Other Components | CA$3.02 Million | % |
| Total Equity | CA$-2.13 Million | 100.00% |
Euro Sun Mining Inc Competitors by Market Cap
The table below lists competitors of Euro Sun Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woongjin Thinkbig Co Ltd
KO:095720
|
$88.73 Million |
|
Business Alignment Public Company Limited
BK:BIZ
|
$88.75 Million |
|
Petrovietnam Low Pressure Gas Distribution JSC
VN:PGD
|
$88.77 Million |
|
NPC Co. Ltd
KO:004250
|
$88.77 Million |
|
Sajo Seafood
KO:014710
|
$88.68 Million |
|
Poalim Ibi
TA:PIU
|
$88.67 Million |
|
Taiwan Auto-Design Co.
TWO:6791
|
$88.67 Million |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
$88.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Euro Sun Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,936,975 to -2,132,548, a change of 2,804,427.
- Net income of 448,390 contributed positively to equity growth.
- Share repurchases of 959,360 reduced equity.
- New share issuances of 959,355 increased equity.
- Other comprehensive income increased equity by 303,892.
- Other factors increased equity by 2,052,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$448.39K | +21.03% |
| Share Repurchases | CA$959.36K | -44.99% |
| Share Issuances | CA$959.36K | +44.99% |
| Other Comprehensive Income | CA$303.89K | +14.25% |
| Other Changes | CA$2.05 Million | +96.23% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Euro Sun Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CA$1.67 | CA$0.29 | x |
| 2003-12-31 | CA$3.02 | CA$0.29 | x |
| 2004-12-31 | CA$1.58 | CA$0.29 | x |
| 2005-12-31 | CA$1.70 | CA$0.29 | x |
| 2006-12-31 | CA$2.56 | CA$0.29 | x |
| 2007-12-31 | CA$4.83 | CA$0.29 | x |
| 2008-12-31 | CA$4.56 | CA$0.29 | x |
| 2009-12-31 | CA$3.69 | CA$0.29 | x |
| 2010-12-31 | CA$5.71 | CA$0.29 | x |
| 2011-12-31 | CA$5.30 | CA$0.29 | x |
| 2012-12-31 | CA$3.06 | CA$0.29 | x |
| 2013-12-31 | CA$1.77 | CA$0.29 | x |
| 2014-12-31 | CA$-4.26 | CA$0.29 | x |
| 2015-12-31 | CA$-6.52 | CA$0.29 | x |
| 2016-12-31 | CA$0.11 | CA$0.29 | x |
| 2017-12-31 | CA$0.12 | CA$0.29 | x |
| 2018-12-31 | CA$0.02 | CA$0.29 | x |
| 2019-12-31 | CA$-0.01 | CA$0.29 | x |
| 2020-12-31 | CA$0.05 | CA$0.29 | x |
| 2021-12-31 | CA$-0.01 | CA$0.29 | x |
| 2022-12-31 | CA$-0.02 | CA$0.29 | x |
| 2023-12-31 | CA$-0.02 | CA$0.29 | x |
| 2024-12-31 | CA$-0.01 | CA$0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Euro Sun Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (136.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -14.15% | 0.00% | 0.00x | 1.10x | CA$-479.56K |
| 2003 | -6.02% | 0.00% | 0.00x | 1.10x | CA$-614.91K |
| 2004 | -18.90% | 0.00% | 0.00x | 1.04x | CA$-1.20 Million |
| 2005 | -13.93% | 0.00% | 0.00x | 1.04x | CA$-1.13 Million |
| 2006 | -15.78% | 0.00% | 0.00x | 1.04x | CA$-3.99 Million |
| 2007 | -2.22% | 0.00% | 0.00x | 1.03x | CA$-4.03 Million |
| 2008 | -13.97% | 0.00% | 0.00x | 1.19x | CA$-8.72 Million |
| 2009 | -9.59% | 0.00% | 0.00x | 1.22x | CA$-9.56 Million |
| 2010 | -6.28% | 0.00% | 0.00x | 1.14x | CA$-15.41 Million |
| 2011 | -36.98% | 0.00% | 0.00x | 1.32x | CA$-57.06 Million |
| 2012 | -35.65% | 0.00% | 0.00x | 1.71x | CA$-42.74 Million |
| 2013 | -85.53% | 0.00% | 0.00x | 4.69x | CA$-55.86 Million |
| 2014 | 0.00% | -1196.01% | 0.21x | 0.00x | CA$-198.20 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-48.71 Million |
| 2016 | 4501.41% | 0.00% | 0.00x | 1.17x | CA$219.40 Million |
| 2017 | -98.98% | 0.00% | 0.00x | 1.10x | CA$-6.87 Million |
| 2018 | -823.35% | 0.00% | 0.00x | 2.71x | CA$-7.30 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-11.13 Million |
| 2020 | -181.47% | 0.00% | 0.00x | 1.44x | CA$-13.65 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-10.71 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-7.78 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.98 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$661.64K |
Industry Comparison
This section compares Euro Sun Mining Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Euro Sun Mining Inc (ESM) | CA$-4.08 Million | -14.15% | N/A | $88.72 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 Euro Sun Mining Inc
Euro Sun Mining Inc. operates as a gold and copper exploration and development mining company in Romania. It holds a 100% interest in the Rovina Valley project covering an area of 27.68 square kilometers located in west-central Romania. The company was formerly known as Carpathian Gold Inc. and changed its name to Euro Sun Mining Inc. in August 2016. Euro Sun Mining Inc. was incorporated in 2003 … Read more