Callinex Mines (CNX) - Net Assets
Based on the latest financial reports, Callinex Mines (CNX) has net assets worth CA$39.79 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$43.49 Million) and total liabilities (CA$3.71 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$39.79 Million |
| % of Total Assets | 91.47% |
| Annual Growth Rate | 7.38% |
| 5-Year Change | 85.97% |
| 10-Year Change | 200.94% |
| Growth Volatility | 35.02 |
Callinex Mines - Net Assets Trend (2010–2024)
This chart illustrates how Callinex Mines's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Callinex Mines (2010–2024)
The table below shows the annual net assets of Callinex Mines from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$40.03 Million | +3.01% |
| 2023-09-30 | CA$38.86 Million | +17.38% |
| 2022-09-30 | CA$33.11 Million | +16.42% |
| 2021-09-30 | CA$28.44 Million | +32.11% |
| 2020-09-30 | CA$21.53 Million | -1.10% |
| 2019-09-30 | CA$21.77 Million | -0.15% |
| 2018-09-30 | CA$21.80 Million | -2.03% |
| 2017-09-30 | CA$22.25 Million | +33.51% |
| 2016-09-30 | CA$16.67 Million | +25.29% |
| 2015-09-30 | CA$13.30 Million | +1.05% |
| 2014-09-30 | CA$13.16 Million | -55.59% |
| 2013-09-30 | CA$29.64 Million | -2.40% |
| 2012-09-30 | CA$30.37 Million | -3.84% |
| 2011-09-30 | CA$31.58 Million | +113.70% |
| 2010-09-30 | CA$14.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Callinex Mines'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 4614027400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$92.23 Million | 230.41% |
| Total Equity | CA$40.03 Million | 100.00% |
Callinex Mines Competitors by Market Cap
The table below lists competitors of Callinex Mines ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RPCG PCL -NVDR- BA 1
F:W8M1
|
$10.35 Million |
|
SAG Holdings Limited
NASDAQ:SAG
|
$10.35 Million |
|
SMD100_SAINTMED
BK:SMD100
|
$10.36 Million |
|
New Zealand Energy Corp
V:NZ
|
$10.36 Million |
|
Amalgamated Industrial Steel Berhad
KLSE:2682
|
$10.35 Million |
|
Sama Resources Inc.
V:SME
|
$10.35 Million |
|
Plásticos Compuestos, S.A.
PA:ALKOM
|
$10.35 Million |
|
AUX Resources Corporation
V:AUX
|
$10.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Callinex Mines's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,860,450 to 40,031,090, a change of 1,170,640 (3.0%).
- Net loss of 1,001,415 reduced equity.
- New share issuances of 2,094,409 increased equity.
- Other comprehensive income increased equity by 353,995.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.00 Million | -2.5% |
| Share Issuances | CA$2.09 Million | +5.23% |
| Other Comprehensive Income | CA$354.00K | +0.88% |
| Other Changes | CA$-276.35K | -0.69% |
| Total Change | CA$- | 3.01% |
Book Value vs Market Value Analysis
This analysis compares Callinex Mines'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: 0.35x
- 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 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-09-30 | CA$8.75 | CA$0.75 | x |
| 2011-09-30 | CA$23.33 | CA$0.75 | x |
| 2012-09-30 | CA$16.76 | CA$0.75 | x |
| 2013-09-30 | CA$13.52 | CA$0.75 | x |
| 2014-09-30 | CA$4.14 | CA$0.75 | x |
| 2015-09-30 | CA$3.74 | CA$0.75 | x |
| 2016-09-30 | CA$3.13 | CA$0.75 | x |
| 2017-09-30 | CA$2.96 | CA$0.75 | x |
| 2018-09-30 | CA$2.66 | CA$0.75 | x |
| 2019-09-30 | CA$2.53 | CA$0.75 | x |
| 2020-09-30 | CA$2.01 | CA$0.75 | x |
| 2021-09-30 | CA$2.28 | CA$0.75 | x |
| 2022-09-30 | CA$2.29 | CA$0.75 | x |
| 2023-09-30 | CA$2.39 | CA$0.75 | x |
| 2024-09-30 | CA$2.11 | CA$0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Callinex Mines utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-2.50%) is above the historical average (-19.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -41.02% | 0.00% | 0.00x | 1.33x | CA$-7.54 Million |
| 2011 | -13.58% | 0.00% | 0.00x | 1.29x | CA$-7.45 Million |
| 2012 | -12.11% | 0.00% | 0.00x | 1.23x | CA$-6.72 Million |
| 2013 | -9.40% | 0.00% | 0.00x | 1.22x | CA$-5.75 Million |
| 2014 | -130.62% | 0.00% | 0.00x | 1.04x | CA$-18.51 Million |
| 2015 | -33.00% | 0.00% | 0.00x | 1.04x | CA$-5.72 Million |
| 2016 | -11.90% | 0.00% | 0.00x | 1.01x | CA$-3.65 Million |
| 2017 | -9.08% | 0.00% | 0.00x | 1.02x | CA$-4.25 Million |
| 2018 | -15.08% | 0.00% | 0.00x | 1.02x | CA$-5.47 Million |
| 2019 | -9.17% | 0.00% | 0.00x | 1.01x | CA$-4.17 Million |
| 2020 | -5.23% | 0.00% | 0.00x | 1.03x | CA$-3.28 Million |
| 2021 | -4.05% | 0.00% | 0.00x | 1.07x | CA$-4.00 Million |
| 2022 | 0.12% | 0.00% | 0.00x | 1.08x | CA$-3.27 Million |
| 2023 | -3.28% | 0.00% | 0.00x | 1.08x | CA$-5.16 Million |
| 2024 | -2.50% | 0.00% | 0.00x | 1.09x | CA$-5.00 Million |
Industry Comparison
This section compares Callinex Mines'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: $38,091,021
- Average return on equity (ROE) among peers: -44.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Callinex Mines (CNX) | CA$39.79 Million | -41.02% | 0.09x | $10.35 Million |
| Aftermath Silver Ltd (AAG) | $5.83 Million | -52.14% | 0.17x | $215.07 Million |
| Aton Resources Inc (AAN) | $-970.51K | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-24.43 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $5.75 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $4.95 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.27 Billion |
| African Metals Corporation (AFR) | $401.19K | -134.87% | 0.17x | $1.00 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
About Callinex Mines
Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Callinex Mines Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.