Freeport Resources Inc (FRI) - Net Assets
Based on the latest financial reports, Freeport Resources Inc (FRI) has net assets worth CA$1.03 Million CAD (≈ $744.69K USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.16 Million ≈ $840.57K USD) and total liabilities (CA$132.55K ≈ $95.88K 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 how resilient are Freeport Resources Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.03 Million |
| % of Total Assets | 88.59% |
| Annual Growth Rate | 1.59% |
| 5-Year Change | -22.38% |
| 10-Year Change | N/A |
| Growth Volatility | 110.71 |
Freeport Resources Inc - Net Assets Trend (2002–2025)
This chart illustrates how Freeport Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore FRI total asset value for the complete picture of this company's asset base.
Annual Net Assets for Freeport Resources Inc (2002–2025)
The table below shows the annual net assets of Freeport Resources Inc from 2002 to 2025. For live valuation and market cap data, see FRI market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$2.48 Million ≈ $1.80 Million |
+275.14% |
| 2024-01-31 | CA$661.79K ≈ $478.73K |
+11.54% |
| 2023-01-31 | CA$593.33K ≈ $429.21K |
-59.19% |
| 2022-01-31 | CA$1.45 Million ≈ $1.05 Million |
-54.55% |
| 2021-01-31 | CA$3.20 Million ≈ $2.31 Million |
+257.21% |
| 2020-01-31 | CA$-2.03 Million ≈ $-1.47 Million |
-214.66% |
| 2019-01-31 | CA$-646.62K ≈ $-467.76K |
-26.88% |
| 2018-01-31 | CA$-509.63K ≈ $-368.66K |
-34.45% |
| 2017-01-31 | CA$-379.06K ≈ $-274.20K |
-51.37% |
| 2016-01-31 | CA$-250.42K ≈ $-181.15K |
-272.59% |
| 2015-01-31 | CA$145.09K ≈ $104.96K |
-43.64% |
| 2014-01-31 | CA$257.45K ≈ $186.23K |
-32.37% |
| 2013-01-31 | CA$380.68K ≈ $275.38K |
-25.81% |
| 2012-01-31 | CA$513.09K ≈ $371.16K |
+230.09% |
| 2011-01-31 | CA$155.44K ≈ $112.44K |
-42.70% |
| 2010-01-31 | CA$271.28K ≈ $196.24K |
-8.80% |
| 2009-01-31 | CA$297.47K ≈ $215.19K |
-28.78% |
| 2008-01-31 | CA$417.66K ≈ $302.13K |
-5.56% |
| 2007-01-31 | CA$442.26K ≈ $319.92K |
-0.70% |
| 2006-01-31 | CA$445.38K ≈ $322.18K |
+7.81% |
| 2005-01-31 | CA$413.12K ≈ $298.85K |
-74.39% |
| 2004-01-31 | CA$1.61 Million ≈ $1.17 Million |
-4.50% |
| 2003-01-31 | CA$1.69 Million ≈ $1.22 Million |
-2.15% |
| 2002-01-31 | CA$1.73 Million ≈ $1.25 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Freeport Resources 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 2855186300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$32.87 Million | 1323.83% |
| Total Equity | CA$2.48 Million | 100.00% |
Freeport Resources Inc Competitors by Market Cap
The table below lists competitors of Freeport Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minetech Resources Bhd
KLSE:7219
|
$17.25 Million |
|
Niocan Inc
V:NIO
|
$17.25 Million |
|
Wicaksana Overseas International
JK:WICO
|
$17.25 Million |
|
KAP AG
F:IUR
|
$17.25 Million |
|
SUNEX S.A.
WAR:SNX
|
$17.24 Million |
|
Carnavale Resources Limited
F:YBB
|
$17.23 Million |
|
Yulho Co. Ltd
KQ:072770
|
$17.23 Million |
|
Primega Group Holdings Limited Ordinary Shares
NASDAQ:PGHL
|
$17.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freeport Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 661,792 to 2,482,653, a change of 1,820,861 (275.1%).
- Net loss of 4,233,957 reduced equity.
- New share issuances of 5,055,560 increased equity.
- Other comprehensive income decreased equity by 2,210,369.
- Other factors increased equity by 3,209,627.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.23 Million | -170.54% |
| Share Issuances | CA$5.06 Million | +203.64% |
| Other Comprehensive Income | CA$-2.21 Million | -89.03% |
| Other Changes | CA$3.21 Million | +129.28% |
| Total Change | CA$- | 275.14% |
Book Value vs Market Value Analysis
This analysis compares Freeport Resources 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: 7.41x
- 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 0.07x to 7.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-01-31 | CA$0.94 | CA$0.07 | x |
| 2003-01-31 | CA$0.87 | CA$0.07 | x |
| 2004-01-31 | CA$0.83 | CA$0.07 | x |
| 2005-01-31 | CA$0.20 | CA$0.07 | x |
| 2006-01-31 | CA$0.20 | CA$0.07 | x |
| 2007-01-31 | CA$0.18 | CA$0.07 | x |
| 2008-01-31 | CA$0.16 | CA$0.07 | x |
| 2009-01-31 | CA$0.11 | CA$0.07 | x |
| 2010-01-31 | CA$0.10 | CA$0.07 | x |
| 2011-01-31 | CA$0.05 | CA$0.07 | x |
| 2012-01-31 | CA$0.18 | CA$0.07 | x |
| 2013-01-31 | CA$0.11 | CA$0.07 | x |
| 2014-01-31 | CA$0.08 | CA$0.07 | x |
| 2015-01-31 | CA$0.04 | CA$0.07 | x |
| 2016-01-31 | CA$-0.07 | CA$0.07 | x |
| 2017-01-31 | CA$-0.11 | CA$0.07 | x |
| 2018-01-31 | CA$-0.15 | CA$0.07 | x |
| 2019-01-31 | CA$-0.19 | CA$0.07 | x |
| 2020-01-31 | CA$-0.60 | CA$0.07 | x |
| 2021-01-31 | CA$0.08 | CA$0.07 | x |
| 2022-01-31 | CA$0.02 | CA$0.07 | x |
| 2023-01-31 | CA$0.01 | CA$0.07 | x |
| 2024-01-31 | CA$0.00 | CA$0.07 | x |
| 2025-01-31 | CA$0.01 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freeport Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -170.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-170.54%) is below the historical average (-98.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -7.33% | 0.00% | 0.00x | 1.28x | CA$-299.09K |
| 2003 | -5.62% | 0.00% | 0.00x | 1.31x | CA$-263.78K |
| 2004 | -5.33% | 0.00% | 0.00x | 1.36x | CA$-247.19K |
| 2005 | -325.46% | 0.00% | 0.00x | 2.58x | CA$-1.39 Million |
| 2006 | -54.57% | 0.00% | 0.00x | 2.42x | CA$-287.60K |
| 2007 | -44.48% | 0.00% | 0.00x | 2.55x | CA$-240.94K |
| 2008 | -34.81% | 0.00% | 0.00x | 2.96x | CA$-187.16K |
| 2009 | -40.40% | 0.00% | 0.00x | 4.11x | CA$-149.94K |
| 2010 | -44.63% | 0.00% | 0.00x | 4.74x | CA$-148.20K |
| 2011 | -117.40% | 0.00% | 0.00x | 7.60x | CA$-198.02K |
| 2012 | -28.17% | 0.00% | 0.00x | 3.16x | CA$-195.86K |
| 2013 | -34.78% | 0.00% | 0.00x | 4.32x | CA$-170.47K |
| 2014 | -47.87% | 0.00% | 0.00x | 5.90x | CA$-148.98K |
| 2015 | -77.43% | 0.00% | 0.00x | 10.19x | CA$-126.86K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-370.48K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-90.73K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-79.61K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-72.33K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.18 Million |
| 2021 | -276.57% | 0.00% | 0.00x | 1.04x | CA$-9.17 Million |
| 2022 | -444.96% | 0.00% | 0.00x | 1.11x | CA$-6.61 Million |
| 2023 | -251.66% | 0.00% | 0.00x | 2.15x | CA$-1.55 Million |
| 2024 | -345.65% | 0.00% | 0.00x | 1.18x | CA$-2.35 Million |
| 2025 | -170.54% | 0.00% | 0.00x | 1.05x | CA$-4.48 Million |
Industry Comparison
This section compares Freeport Resources Inc'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 |
|---|---|---|---|---|
| Freeport Resources Inc (FRI) | CA$1.03 Million | -7.33% | 0.13x | $17.25 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 Freeport Resources Inc
Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral properties in Papua New Guinea. It explores for copper, molybdenum, and gold. The company holds interests in the Yandera Copper Project located Madang, New Guinea. Freeport Resources Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.