Fireweed Zinc Ltd (FWZ) - Net Assets

Latest as of September 2025: CA$43.38 Million CAD ≈ $31.38 Million USD

Based on the latest financial reports, Fireweed Zinc Ltd (FWZ) has net assets worth CA$43.38 Million CAD (≈ $31.38 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$58.92 Million ≈ $42.62 Million USD) and total liabilities (CA$15.54 Million ≈ $11.24 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. Read FWZ liabilities breakdown for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$43.38 Million
% of Total Assets 73.63%
Annual Growth Rate N/A
5-Year Change 161.36%
10-Year Change N/A
Growth Volatility 806.55

Fireweed Zinc Ltd - Net Assets Trend (2015–2024)

This chart illustrates how Fireweed Zinc Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Fireweed Zinc Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Fireweed Zinc Ltd (2015–2024)

The table below shows the annual net assets of Fireweed Zinc Ltd from 2015 to 2024. For live valuation and market cap data, see FWZ market cap.

Year Net Assets Change
2024-12-31 CA$35.84 Million
≈ $25.93 Million		 +10.08%
2023-12-31 CA$32.56 Million
≈ $23.55 Million		 -33.77%
2022-12-31 CA$49.16 Million
≈ $35.56 Million		 +162.26%
2021-12-31 CA$18.75 Million
≈ $13.56 Million		 +36.69%
2020-12-31 CA$13.71 Million
≈ $9.92 Million		 -42.96%
2019-12-31 CA$24.04 Million
≈ $17.39 Million		 +17.39%
2018-12-31 CA$20.48 Million
≈ $14.81 Million		 +434.75%
2017-12-31 CA$3.83 Million
≈ $2.77 Million		 +2481.79%
2016-12-31 CA$148.34K
≈ $107.31K		 +1266.10%
2015-12-31 CA$-12.72K
≈ $-9.20K		 --

Equity Component Analysis

This analysis shows how different components contribute to Fireweed Zinc Ltd'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 11513725100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$150.99 Million 421.28%
Total Equity CA$35.84 Million 100.00%

Fireweed Zinc Ltd Competitors by Market Cap

The table below lists competitors of Fireweed Zinc Ltd ranked by their market capitalization.

Company Market Cap
Shinkong Textile Co Ltd
TW:1419
 $607.14 Million
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
 $607.17 Million
Mitek Systems Inc
NASDAQ:MITK
 $607.24 Million
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
 $607.31 Million
Autohellas S.A.
AT:OTOEL
 $607.07 Million
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
 $606.89 Million
Jiangsu Phoenix Property Investment Co Ltd
SHG:600716
 $606.80 Million
Guangzhou Boji Medical and Biotechnological Co Ltd
SHE:300404
 $606.22 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,559,024 to 35,841,410, a change of 3,282,386 (10.1%).
  • Net loss of 34,661,534 reduced equity.
  • New share issuances of 43,076,296 increased equity.
  • Other comprehensive income decreased equity by 5,014,875.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-34.66 Million -96.71%
Share Issuances CA$43.08 Million +120.19%
Other Comprehensive Income CA$-5.01 Million -13.99%
Other Changes CA$-117.50K -0.33%
Total Change CA$- 10.08%

Book Value vs Market Value Analysis

This analysis compares Fireweed Zinc Ltd'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: 20.43x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 CA$0.00 CA$4.05 x
2016-12-31 CA$0.04 CA$4.05 x
2017-12-31 CA$0.27 CA$4.05 x
2018-12-31 CA$0.72 CA$4.05 x
2019-12-31 CA$0.67 CA$4.05 x
2020-12-31 CA$0.30 CA$4.05 x
2021-12-31 CA$0.29 CA$4.05 x
2022-12-31 CA$0.56 CA$4.05 x
2023-12-31 CA$0.23 CA$4.05 x
2024-12-31 CA$0.20 CA$4.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fireweed Zinc Ltd 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): -96.71%
  • 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: 1.14x
  • Recent ROE (-96.71%) is below the historical average (-47.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 0.00% 0.00% 0.00x 0.00x CA$-12.25K
2016 -127.17% 0.00% 0.00x 1.21x CA$-203.47K
2017 -25.05% 0.00% 0.00x 1.08x CA$-1.34 Million
2018 -9.65% 0.00% 0.00x 1.05x CA$-4.02 Million
2019 -5.69% 0.00% 0.00x 1.06x CA$-3.77 Million
2020 -41.06% 0.00% 0.00x 1.04x CA$-7.00 Million
2021 -47.45% 0.00% 0.00x 1.12x CA$-10.77 Million
2022 -20.92% 0.00% 0.00x 1.11x CA$-15.20 Million
2023 -102.17% 0.00% 0.00x 1.21x CA$-36.52 Million
2024 -96.71% 0.00% 0.00x 1.14x CA$-38.25 Million

Industry Comparison

This section compares Fireweed Zinc Ltd'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: $2,951,711
  • Average return on equity (ROE) among peers: -34.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fireweed Zinc Ltd (FWZ) CA$43.38 Million 0.00% 0.36x $607.08 Million
Aftermath Silver Ltd (AAG) $861.81K -122.73% 0.30x $185.75 Million
Aton Resources Inc (AAN) $-5.02 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $805.58K -20.73% 0.03x $10.75 Million
Asiabasemetals Inc (ABZ) $557.59K -47.89% 0.13x $4.67 Million
Adex Mining Inc (ADE) $11.96 Million -14.72% 0.26x $27.09 Million
Alphamin Res (AFM) $1.06 Million -49.21% 0.19x $1.30 Billion
Silver X Mining Corp (AGX) $18.90 Million -23.55% 1.85x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $169.13K -68.35% 0.10x $4.73 Billion
Aldebaran Resources Inc (ALDE) $-13.79 Million 0.00% 0.00x $332.39 Million

About Fireweed Zinc Ltd

V:FWZ Canada Other Industrial Metals & Mining
Market Cap
$613.30 Million
CA$847.82 Million CAD
Market Cap Rank
#11542 Global
#328 in Canada
Share Price
CA$4.05
Change (1 day)
-5.37%
52-Week Range
CA$1.82 - CA$4.97
All Time High
CA$4.97
Categories
Companies in Canada Other Industrial Metals & Mining
About

Fireweed Metals Corp. engages in the acquisition and exploration of mineral assets in Canada. The company primarily explores zinc, lead, and silver, as well as gallium and germanium deposits. Its flagship project is the 100% Macmillan Pass project located in Yukon, Canada. The company was formerly known as Fireweed Zinc Ltd. and changed its name to Fireweed Metals Corp. in June 2022. Fireweed Met… Read more