Golden Share Resources Corp
Golden Share Resources Corporation engages in the exploration and evaluation of mineral resources in Canada. It primarily explores for gold, base metals, copper, nickel, and diamond deposits. The company holds 100% interests in the Ogoki project comprising ten non-contiguous claim blocks with 30 MLAS mining claims located in the James Bay Lowlands of Ontario; the Kagiami project comprising five s… Read more
Golden Share Resources Corp (GSH) - Net Assets
Latest net assets as of September 2024: CA$-195.64K CAD
Based on the latest financial reports, Golden Share Resources Corp (GSH) has net assets worth CA$-195.64K CAD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$460.13K) and total liabilities (CA$655.77K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-195.64K |
| % of Total Assets | -42.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 136.66 |
Golden Share Resources Corp - Net Assets Trend (2013–2023)
This chart illustrates how Golden Share Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Golden Share Resources Corp (2013–2023)
The table below shows the annual net assets of Golden Share Resources Corp from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-54.66K | -142.07% |
| 2022-12-31 | CA$129.94K | +182.91% |
| 2021-12-31 | CA$45.93K | +174.87% |
| 2020-12-31 | CA$-61.35K | +92.90% |
| 2019-12-31 | CA$-863.51K | +62.65% |
| 2018-12-31 | CA$-2.31 Million | -2765.76% |
| 2017-12-31 | CA$-80.67K | -123.88% |
| 2016-12-31 | CA$337.87K | +408.32% |
| 2015-12-31 | CA$-109.58K | -15.11% |
| 2014-12-31 | CA$-95.20K | -131.09% |
| 2013-12-31 | CA$306.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Share Resources 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 184352100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$22.10 Million | % |
| Total Equity | CA$-54.66K | 100.00% |
Golden Share Resources Corp Competitors by Market Cap
The table below lists competitors of Golden Share Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
|
Galore Resources Inc
OTCQB:GALOF
|
$1.36 Million |
|
Global Service Center Public Company Limited
BK:GSC
|
$1.36 Million |
|
Metro Realty Tbk
JK:MTSM
|
$1.36 Million |
|
Seremban Engineering Bhd
KLSE:5163
|
$1.36 Million |
|
WANLF
PINK:WANLF
|
$1.36 Million |
|
Agiliti Inc
PINK:AGLY
|
$1.36 Million |
|
Madhucon Projects Limited
NSE:MADHUCON
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Share Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 129,939 to -54,665, a change of -184,604 (-142.1%).
- Net loss of 184,522 reduced equity.
- Other factors decreased equity by 82.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-184.52K | -337.55% |
| Other Changes | CA$-82.00 | -0.15% |
| Total Change | CA$- | -142.07% |
Book Value vs Market Value Analysis
This analysis compares Golden Share Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.00 | CA$0.05 | x |
| 2018-12-31 | CA$-0.06 | CA$0.05 | x |
| 2019-12-31 | CA$-0.02 | CA$0.05 | x |
| 2020-12-31 | CA$0.00 | CA$0.05 | x |
| 2021-12-31 | CA$0.00 | CA$0.05 | x |
| 2022-12-31 | CA$0.00 | CA$0.05 | x |
| 2023-12-31 | CA$0.00 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Share Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -106.97%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-244.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1957.37% | 0.00% | 0.00x | 1.85x | CA$-6.02 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-948.04K |
| 2015 | 0.00% | -7686.97% | 0.03x | 0.00x | CA$-418.51K |
| 2016 | -185.92% | -10617.88% | 0.02x | 1.17x | CA$-661.94K |
| 2017 | 0.00% | -4286.20% | 0.70x | 0.00x | CA$-432.30K |
| 2018 | 0.00% | -6503.73% | 0.06x | 0.00x | CA$-419.18K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$1.46 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$549.86K |
| 2021 | -273.74% | 0.00% | 0.00x | 9.42x | CA$-130.32K |
| 2022 | -269.02% | -1553.59% | 0.03x | 5.04x | CA$-362.55K |
| 2023 | 0.00% | -106.97% | 0.40x | 0.00x | CA$-179.06K |
Industry Comparison
This section compares Golden Share Resources Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Share Resources Corp (GSH) | CA$-195.64K | -1957.37% | N/A | $1.36 Million |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |