Chibougamau Independent Mines Inc (CBG) - Net Assets
Based on the latest financial reports, Chibougamau Independent Mines Inc (CBG) has net assets worth CA$503.60K 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$539.62K) and total liabilities (CA$36.03K). 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$503.60K |
| % of Total Assets | 93.32% |
| Annual Growth Rate | -18.81% |
| 5-Year Change | -48.9% |
| 10-Year Change | 390.13% |
| Growth Volatility | 274.81 |
Chibougamau Independent Mines Inc - Net Assets Trend (2013–2024)
This chart illustrates how Chibougamau Independent Mines 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 Chibougamau Independent Mines Inc (2013–2024)
The table below shows the annual net assets of Chibougamau Independent Mines Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$531.71K | -5.31% |
| 2023-12-31 | CA$561.51K | +22.33% |
| 2022-12-31 | CA$459.02K | -40.07% |
| 2021-12-31 | CA$765.90K | -26.39% |
| 2020-12-31 | CA$1.04 Million | +170.53% |
| 2019-12-31 | CA$384.61K | -10.60% |
| 2018-12-31 | CA$430.22K | -1.66% |
| 2017-12-31 | CA$437.48K | -60.30% |
| 2016-12-31 | CA$1.10 Million | +915.76% |
| 2015-12-31 | CA$108.48K | -91.34% |
| 2014-12-31 | CA$1.25 Million | -76.20% |
| 2013-12-31 | CA$5.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chibougamau Independent Mines 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 861305300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$12.69 Million | 2386.38% |
| Total Equity | CA$531.71K | 100.00% |
Chibougamau Independent Mines Inc Competitors by Market Cap
The table below lists competitors of Chibougamau Independent Mines Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Focus Lumber Bhd
KLSE:5197
|
$12.07 Million |
|
Xenora Minerals Ltd
AU:XRA
|
$12.07 Million |
|
Rugby Mining Limited
V:RUG
|
$12.07 Million |
|
Green Hydrogen Systems AS
CO:GREENH
|
$12.07 Million |
|
Greenland Acquisition Corp
NASDAQ:GTEC
|
$12.06 Million |
|
eEducation Albert AB
ST:ALBERT
|
$12.06 Million |
|
FASING SA
WAR:FSG
|
$12.06 Million |
|
RomReal Limited
OL:ROM
|
$12.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chibougamau Independent Mines Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 561,506 to 531,710, a change of -29,796 (-5.3%).
- Net loss of 29,796 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-29.80K | -5.6% |
| Total Change | CA$- | -5.31% |
Book Value vs Market Value Analysis
This analysis compares Chibougamau Independent Mines 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: 31.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 23.72x to 31.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.27 | x |
| 2018-12-31 | CA$0.01 | CA$0.27 | x |
| 2019-12-31 | CA$0.01 | CA$0.27 | x |
| 2020-12-31 | CA$0.02 | CA$0.27 | x |
| 2021-12-31 | CA$0.01 | CA$0.27 | x |
| 2022-12-31 | CA$0.01 | CA$0.27 | x |
| 2023-12-31 | CA$0.01 | CA$0.27 | x |
| 2024-12-31 | CA$0.01 | CA$0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chibougamau Independent Mines Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.15%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.05x
- Recent ROE (-5.60%) is above the historical average (-174.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -66.14% | 0.00% | 0.00x | 1.08x | CA$-4.01 Million |
| 2014 | -323.75% | 0.00% | 0.00x | 1.20x | CA$-4.18 Million |
| 2015 | -1054.16% | 0.00% | 0.00x | 2.46x | CA$-1.15 Million |
| 2016 | 9.88% | 22.81% | 0.38x | 1.14x | CA$-1.37K |
| 2017 | -83.60% | -243.83% | 0.31x | 1.09x | CA$-409.49K |
| 2018 | -45.28% | 0.00% | 0.00x | 1.24x | CA$-237.82K |
| 2019 | -235.42% | 0.00% | 0.00x | 1.57x | CA$-943.93K |
| 2020 | -24.16% | 0.00% | 0.00x | 1.26x | CA$-355.40K |
| 2021 | -42.69% | 0.00% | 0.00x | 1.36x | CA$-403.52K |
| 2022 | -197.90% | -3027.93% | 0.05x | 1.34x | CA$-954.28K |
| 2023 | -30.56% | -28.27% | 0.65x | 1.66x | CA$-227.76K |
| 2024 | -5.60% | -24.15% | 0.22x | 1.05x | CA$-82.97K |
Industry Comparison
This section compares Chibougamau Independent Mines Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,546,516
- Average return on equity (ROE) among peers: 44.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chibougamau Independent Mines Inc (CBG) | CA$503.60K | -66.14% | 0.07x | $12.06 Million |
| AbraSilver Resource Corp. (ABRA) | $276.36K | 543.50% | 1.08x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $11.35 Million | -24.62% | 0.09x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $7.70 Million | -18.02% | 0.13x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $12.97 Million |
| Argonaut Exploration Inc. (AGA) | $1.49 Million | 0.00% | 0.04x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $18.91 Million | -6.15% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $27.48 Million | 15.53% | 0.02x | $3.47 Million |
About Chibougamau Independent Mines Inc
Chibougamau Independent Mines Inc. engages in the reviving production in the Chibougamau gold-copper mining camp. The company explores for copper, gold, zinc, silver, iron, titanium, and vanadium deposits. The company was incorporated in 2010 and is headquartered in Rouyn-Noranda, Canada.