Brompton Lifeco Split Corp
Brompton Lifeco Split Corp. is a close-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It invests in companies primarily engaged in the life insurance sector. The fund benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index and S&P/TSX Composite Index. Brompton Lifeco Split Corp. was … Read more
Brompton Lifeco Split Corp (LCS) - Net Assets
Latest net assets as of June 2025: CA$72.53 Million CAD
Based on the latest financial reports, Brompton Lifeco Split Corp (LCS) has net assets worth CA$72.53 Million CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$146.28 Million) and total liabilities (CA$73.75 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$72.53 Million |
| % of Total Assets | 49.58% |
| Annual Growth Rate | 2.71% |
| 5-Year Change | 210.39% |
| 10-Year Change | 128.3% |
| Growth Volatility | 80.01 |
Brompton Lifeco Split Corp - Net Assets Trend (2007–2024)
This chart illustrates how Brompton Lifeco Split Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brompton Lifeco Split Corp (2007–2024)
The table below shows the annual net assets of Brompton Lifeco Split Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$68.48 Million | +22.93% |
| 2023-12-31 | CA$55.70 Million | +28.58% |
| 2022-12-31 | CA$43.32 Million | +42.27% |
| 2021-12-31 | CA$30.45 Million | +38.01% |
| 2020-12-31 | CA$22.06 Million | -46.83% |
| 2019-12-31 | CA$41.49 Million | +110.83% |
| 2018-12-31 | CA$19.68 Million | -43.32% |
| 2017-12-31 | CA$34.72 Million | -2.52% |
| 2016-12-31 | CA$35.62 Million | +18.74% |
| 2015-12-31 | CA$29.99 Million | -16.21% |
| 2014-12-31 | CA$35.80 Million | +202.07% |
| 2013-12-31 | CA$11.85 Million | +175.41% |
| 2012-12-31 | CA$4.30 Million | -- |
| 2011-12-31 | CA$0.00 | -- |
| 2010-12-31 | CA$8.78 Million | -9.05% |
| 2009-12-31 | CA$9.65 Million | +26.79% |
| 2008-12-31 | CA$7.61 Million | -82.50% |
| 2007-12-31 | CA$43.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brompton Lifeco Split Corp'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$68.48 Million | 100.00% |
| Total Equity | CA$68.48 Million | 100.00% |
Brompton Lifeco Split Corp Competitors by Market Cap
The table below lists competitors of Brompton Lifeco Split Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EDEL (EDL.SG)
STU:EDL
|
$55.19K |
|
PAYPOINT
BE:PAN
|
$55.20K |
|
Industrial Nanotech
PINK:INTK
|
$55.20K |
|
Advance United Holdings Inc
OTCQB:AUHIF
|
$55.26K |
|
257990
KO:257990
|
$55.12K |
|
ORASCOM DEVL HLDG N (4O7.SG)
STU:4O7
|
$55.10K |
|
BLOOBER TEAM ZY-01
F:6BO
|
$55.10K |
|
Start Today Co. Ltd
STU:SAR
|
$55.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brompton Lifeco Split Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,701,000 to 68,475,465, a change of 12,774,465 (22.9%).
- Net income of 28,985,078 contributed positively to equity growth.
- Dividend payments of 6,155,880 reduced retained earnings.
- Share repurchases of 13,397,084 reduced equity.
- Other factors increased equity by 3,342,351.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$28.99 Million | +42.33% |
| Dividends Paid | CA$6.16 Million | -8.99% |
| Share Repurchases | CA$13.40 Million | -19.56% |
| Other Changes | CA$3.34 Million | +4.88% |
| Total Change | CA$- | 22.93% |
Book Value vs Market Value Analysis
This analysis compares Brompton Lifeco Split Corp'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: 0.86x
- 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 increased from 0.60x to 0.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$14.19 | CA$8.58 | x |
| 2008-12-31 | CA$2.81 | CA$8.58 | x |
| 2009-12-31 | CA$4.86 | CA$8.58 | x |
| 2010-12-31 | CA$4.42 | CA$8.58 | x |
| 2011-12-31 | CA$-17.61 | CA$8.58 | x |
| 2012-12-31 | CA$2.18 | CA$8.58 | x |
| 2013-12-31 | CA$6.65 | CA$8.58 | x |
| 2014-12-31 | CA$10.76 | CA$8.58 | x |
| 2015-12-31 | CA$5.34 | CA$8.58 | x |
| 2016-12-31 | CA$6.77 | CA$8.58 | x |
| 2017-12-31 | CA$6.82 | CA$8.58 | x |
| 2018-12-31 | CA$2.79 | CA$8.58 | x |
| 2019-12-31 | CA$6.21 | CA$8.58 | x |
| 2020-12-31 | CA$3.90 | CA$8.58 | x |
| 2021-12-31 | CA$6.03 | CA$8.58 | x |
| 2022-12-31 | CA$5.05 | CA$8.58 | x |
| 2023-12-31 | CA$6.61 | CA$8.58 | x |
| 2024-12-31 | CA$9.98 | CA$8.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brompton Lifeco Split Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 42.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 252.54%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.10x
- Recent ROE (42.33%) is above the historical average (3.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 1.41% | 44.21% | 0.02x | 1.74x | CA$-3.73 Million |
| 2008 | -359.56% | 0.00% | -0.76x | 4.37x | CA$-28.12 Million |
| 2009 | 37.95% | 281.56% | 0.04x | 3.10x | CA$2.70 Million |
| 2010 | 53.90% | 363.66% | 0.04x | 3.36x | CA$3.85 Million |
| 2011 | 0.00% | -795.90% | 0.06x | 0.00x | CA$-5.14 Million |
| 2012 | 124.13% | 97.19% | 0.23x | 5.64x | CA$4.91 Million |
| 2013 | 85.94% | 98.21% | 0.36x | 2.46x | CA$9.00 Million |
| 2014 | 3.62% | 40.51% | 0.03x | 2.60x | CA$-2.28 Million |
| 2015 | 7.09% | 86.41% | 0.03x | 2.91x | CA$-873.02K |
| 2016 | 34.78% | 97.58% | 0.15x | 2.46x | CA$8.82 Million |
| 2017 | 19.00% | 95.14% | 0.08x | 2.49x | CA$3.12 Million |
| 2018 | -112.69% | 0.00% | -0.23x | 4.74x | CA$-24.14 Million |
| 2019 | 80.04% | 98.87% | 0.32x | 2.56x | CA$29.06 Million |
| 2020 | -62.49% | 0.00% | -0.18x | 3.45x | CA$-15.99 Million |
| 2021 | 61.03% | 98.96% | 0.23x | 2.64x | CA$15.54 Million |
| 2022 | -14.76% | 0.00% | -0.04x | 3.11x | CA$-10.73 Million |
| 2023 | 55.16% | 96.35% | 0.23x | 2.49x | CA$25.16 Million |
| 2024 | 42.33% | 252.54% | 0.08x | 2.10x | CA$22.14 Million |
Industry Comparison
This section compares Brompton Lifeco Split Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $143,212,910
- Average return on equity (ROE) among peers: -1.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brompton Lifeco Split Corp (LCS) | CA$72.53 Million | 1.41% | 1.02x | $55.13K |
| Alaris Equity Partners Income Trust (AD-UN) | $236.51 Million | 14.68% | 0.04x | $618.10 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.58 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $79.24 Million | 4.56% | 0.33x | $45.86K |
| Bankers Petroleum Ltd (BNK) | $17.86 Million | -22.98% | 0.81x | $115.80K |
| Canso Select Opportunities Corporation (CSOC-B) | $14.41 Million | 16.49% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-80.00K | 0.00% | 0.00x | $45.79 Million |
| Clairvest Group Inc. (CVG) | $837.41 Million | 8.30% | 0.13x | $157.26 Million |
| Dividend Growth Split Corp (DGS) | $168.62 Million | 39.59% | 1.43x | $49.44K |
| E Split Corp Class A (ENS) | $50.95 Million | 37.59% | 0.65x | $116.57K |
| Fountain Asset Corp (FA) | $22.94 Million | 13.93% | 0.02x | $1.80 Million |