BeMetals Corp (BMET) - Net Assets

Latest as of September 2025: CA$5.54 Million CAD ≈ $4.01 Million USD

Based on the latest financial reports, BeMetals Corp (BMET) has net assets worth CA$5.54 Million CAD (≈ $4.01 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$18.45 Million ≈ $13.34 Million USD) and total liabilities (CA$12.91 Million ≈ $9.34 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 BeMetals Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$5.54 Million
% of Total Assets	30.02%
Annual Growth Rate	39.57%
5-Year Change	47.02%
10-Year Change	N/A
Growth Volatility	2136.0

BeMetals Corp - Net Assets Trend (2008–2024)

This chart illustrates how BeMetals Corp's net assets have evolved over time, based on quarterly financial data. Also explore BMET asset base for the complete picture of this company's asset base.

Annual Net Assets for BeMetals Corp (2008–2024)

The table below shows the annual net assets of BeMetals Corp from 2008 to 2024. For live valuation and market cap data, see market value of BeMetals Corp.

Year	Net Assets	Change
2024-12-31	CA$23.89 Million ≈ $17.29 Million	+14.96%
2023-12-31	CA$20.78 Million ≈ $15.04 Million	-4.09%
2022-12-31	CA$21.67 Million ≈ $15.68 Million	-39.55%
2021-12-31	CA$35.85 Million ≈ $25.93 Million	+120.56%
2020-12-31	CA$16.25 Million ≈ $11.76 Million	+71.05%
2019-12-31	CA$9.50 Million ≈ $6.87 Million	+613.31%
2018-12-31	CA$1.33 Million ≈ $963.62K	+1221.44%
2017-12-31	CA$-118.78K ≈ $-85.93K	-126.69%
2016-12-31	CA$445.02K ≈ $321.92K	+441.62%
2015-12-31	CA$-130.27K ≈ $-94.23K	-64.77%
2014-12-31	CA$-79.06K ≈ $-57.19K	-716.64%
2013-12-31	CA$12.82K ≈ $9.27K	-70.79%
2012-12-31	CA$43.89K ≈ $31.75K	-78.85%
2011-12-31	CA$207.50K ≈ $150.10K	-46.24%
2010-12-31	CA$385.95K ≈ $279.19K	+7922.34%
2009-12-31	CA$4.81K ≈ $3.48K	-95.82%
2008-12-31	CA$115.21K ≈ $83.34K	--

Equity Component Analysis

This analysis shows how different components contribute to BeMetals 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 2799604700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$51.91 Million	217.23%
Total Equity	CA$23.89 Million	100.00%

BeMetals Corp Competitors by Market Cap

The table below lists competitors of BeMetals Corp ranked by their market capitalization.

Company	Market Cap
Gamma Communications PLC LSE:GAMA	$10.46 Million
Teera-Mongkol Industry Public Company Limited BK:TMI	$10.46 Million
Eastern Technical Engineering Public Company Limited BK:ETE	$10.47 Million
Brimstone Investment Corporation Ltd JSE:BRT	$10.49 Million
Standard Industries Limited NSE:SIL	$10.46 Million
Scottish American Investment Co LSE:SAIN	$10.45 Million
Pertama Digital Berhad KLSE:8532	$10.45 Million
Garibaldi Resources Corp. V:GGI	$10.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in BeMetals Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 20,784,888 to 23,894,897, a change of 3,110,009 (15.0%).
Net loss of 2,817,985 reduced equity.
Share repurchases of 126,124 reduced equity.
New share issuances of 4,840,600 increased equity.
Other factors increased equity by 1,213,518.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-2.82 Million	-11.79%
Share Repurchases	CA$126.12K	-0.53%
Share Issuances	CA$4.84 Million	+20.26%
Other Changes	CA$1.21 Million	+5.08%
Total Change	CA$-	14.96%

Book Value vs Market Value Analysis

This analysis compares BeMetals 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: 0.57x
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 0.09x to 0.57x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	CA$0.64	CA$0.06	x
2009-12-31	CA$0.13	CA$0.06	x
2010-12-31	CA$0.20	CA$0.06	x
2011-12-31	CA$0.06	CA$0.06	x
2012-12-31	CA$0.02	CA$0.06	x
2013-12-31	CA$0.01	CA$0.06	x
2014-12-31	CA$-0.04	CA$0.06	x
2015-12-31	CA$-0.05	CA$0.06	x
2017-12-31	CA$0.00	CA$0.06	x
2018-12-31	CA$0.02	CA$0.06	x
2019-12-31	CA$0.10	CA$0.06	x
2020-12-31	CA$0.14	CA$0.06	x
2021-12-31	CA$0.22	CA$0.06	x
2022-12-31	CA$0.12	CA$0.06	x
2023-12-31	CA$0.12	CA$0.06	x
2024-12-31	CA$0.10	CA$0.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently BeMetals 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): -11.79%
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: 1.52x
Recent ROE (-11.79%) is above the historical average (-89.11%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-12.84%	-1773.26%	0.01x	1.22x	CA$-26.31K
2009	-482.91%	-2169.28%	0.01x	18.46x	CA$-23.71K
2010	-28.78%	-3402.39%	0.01x	1.08x	CA$-149.68K
2011	-96.23%	-7873.74%	0.01x	1.08x	CA$-220.43K
2012	-372.72%	0.00%	0.00x	1.85x	CA$-167.99K
2013	-242.36%	0.00%	0.00x	2.08x	CA$-32.36K
2014	0.00%	0.00%	0.00x	0.00x	CA$-83.97K
2015	0.00%	0.00%	0.00x	0.00x	CA$-58.18K
2017	0.00%	0.00%	0.00x	0.00x	CA$-1.78 Million
2018	-75.81%	0.00%	0.00x	2.88x	CA$-1.14 Million
2019	-9.44%	0.00%	0.00x	1.15x	CA$-1.85 Million
2020	-8.16%	0.00%	0.00x	1.01x	CA$-2.95 Million
2021	-7.02%	0.00%	0.00x	1.00x	CA$-6.10 Million
2022	-68.01%	0.00%	0.00x	1.34x	CA$-16.91 Million
2023	-9.60%	0.00%	0.00x	1.46x	CA$-4.07 Million
2024	-11.79%	0.00%	0.00x	1.52x	CA$-5.21 Million

Industry Comparison

This section compares BeMetals Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BeMetals Corp (BMET)	CA$5.54 Million	-12.84%	2.33x	$10.46 Million
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About BeMetals Corp

V:BMET Canada Other Industrial Metals & Mining

Market Cap

$10.46 Million

CA$14.46 Million CAD

Market Cap Rank

#26778 Global

#1128 in Canada

Share Price

CA$0.06

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.10

All Time High

CA$0.54