Hannan Metals Ltd Net Assets

Latest as of February 2026: CA$21.11 Million CAD ≈ $15.27 Million USD

Hannan Metals Ltd net assets. Based on the latest financial reports, Hannan Metals Ltd (HAN) has net assets worth CA$21.11 Million CAD (≈ $15.27 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.31 Million ≈ $15.42 Million USD) and total liabilities (CA$200.47K ≈ $145.02K 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. Also explore how fast is Hannan Metals Ltd growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$21.11 Million
% of Total Assets	99.06%
Annual Growth Rate	9.06%
5-Year Change	54.14%
10-Year Change	N/A
Growth Volatility	125.62

Net Assets of Hannan Metals Ltd (2001–2025)

Net assets of Hannan Metals Ltd from 2001 to 2025. This chart illustrates how Hannan Metals Ltd's net assets have evolved over time, based on quarterly financial data. See Hannan Metals Ltd net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Hannan Metals Ltd (2001–2025)

The table below shows the annual net assets of Hannan Metals Ltd from 2001 to 2025. For live market cap and overall valuation, see Hannan Metals Ltd stock valuation.

Year	Net Assets	Change
2025-05-31	CA$10.81 Million ≈ $7.82 Million	+64.90%
2024-05-31	CA$6.55 Million ≈ $4.74 Million	-42.26%
2023-05-31	CA$11.35 Million ≈ $8.21 Million	+40.84%
2022-05-31	CA$8.06 Million ≈ $5.83 Million	+14.95%
2021-05-31	CA$7.01 Million ≈ $5.07 Million	+17.22%
2020-05-31	CA$5.98 Million ≈ $4.33 Million	+49.82%
2019-05-31	CA$3.99 Million ≈ $2.89 Million	+18.93%
2018-05-31	CA$3.36 Million ≈ $2.43 Million	+198.18%
2017-05-31	CA$1.13 Million ≈ $814.31K	+276.03%
2016-05-31	CA$-639.50K ≈ $-462.60K	-20.35%
2015-05-31	CA$-531.38K ≈ $-384.39K	+41.61%
2014-05-31	CA$-910.07K ≈ $-658.33K	+77.70%
2013-05-31	CA$-4.08 Million ≈ $-2.95 Million	-23.22%
2012-05-31	CA$-3.31 Million ≈ $-2.40 Million	+7.09%
2011-05-31	CA$-3.56 Million ≈ $-2.58 Million	-359.02%
2010-05-31	CA$-776.63K ≈ $-561.80K	-103.05%
2009-05-31	CA$25.50 Million ≈ $18.44 Million	-4.02%
2008-05-31	CA$26.56 Million ≈ $19.22 Million	+382.78%
2007-05-31	CA$5.50 Million ≈ $3.98 Million	+162.08%
2006-05-31	CA$2.10 Million ≈ $1.52 Million	+1079.83%
2005-05-31	CA$-214.26K ≈ $-154.99K	-4251.30%
2004-05-31	CA$-4.92K ≈ $-3.56K	+97.43%
2003-05-31	CA$-191.64K ≈ $-138.63K	-122.71%
2002-05-31	CA$843.86K ≈ $610.44K	-37.45%
2001-05-31	CA$1.35 Million ≈ $975.91K	--

Equity Component Analysis

This analysis shows how different components contribute to Hannan Metals 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 2043675869.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Hannan Metals Ltd Net Assets Breakdown (May 2025)

Hannan Metals Ltd net assets breakdown by equity component as of May 2025.

Component	Amount	Percentage
Other Components	CA$31.46 Million	291.13%
Total Equity	CA$10.81 Million	100.00%

Hannan Metals Ltd Competitors by Market Cap

The table below lists competitors of Hannan Metals Ltd ranked by their market capitalization.

Company	Market Cap
Empresas la Polar SA SN:ABC	$53.50 Million
A-Jin Industry Co Ltd KQ:013310	$53.51 Million
Amarin Printing and Publishing Public Company Limited BK:AMARIN	$53.52 Million
Ksolves India Limited NSE:KSOLVES	$53.52 Million
Ekopak BV BR:EKOP	$53.41 Million
ATrack Technology TWO:6465	$53.39 Million
Globaltec Formation Bhd KLSE:5220	$53.38 Million
Seoul Auction Co. Ltd KQ:063170	$53.36 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,553,583 to 10,806,935, a change of 4,253,352 (64.9%).
Net loss of 2,010,716 reduced equity.
New share issuances of 5,462,882 increased equity.
Other factors increased equity by 801,186.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-2.01 Million	-18.61%
Share Issuances	CA$5.46 Million	+50.55%
Other Changes	CA$801.19K	+7.41%
Total Change	CA$-	64.90%

Book Value vs Market Value Analysis

This analysis compares Hannan Metals 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: 5.90x
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 0.01x to 5.90x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-05-31	CA$66.75	CA$0.51	x
2002-05-31	CA$20.74	CA$0.51	x
2003-05-31	CA$-4.01	CA$0.51	x
2004-05-31	CA$-0.41	CA$0.51	x
2005-05-31	CA$-5.83	CA$0.51	x
2006-05-31	CA$6.71	CA$0.51	x
2007-05-31	CA$11.24	CA$0.51	x
2008-05-31	CA$21.36	CA$0.51	x
2009-05-31	CA$12.18	CA$0.51	x
2010-05-31	CA$-0.35	CA$0.51	x
2011-05-31	CA$-1.62	CA$0.51	x
2012-05-31	CA$-1.51	CA$0.51	x
2013-05-31	CA$-1.86	CA$0.51	x
2014-05-31	CA$-0.23	CA$0.51	x
2015-05-31	CA$-0.09	CA$0.51	x
2016-05-31	CA$-0.06	CA$0.51	x
2017-05-31	CA$0.07	CA$0.51	x
2018-05-31	CA$0.09	CA$0.51	x
2019-05-31	CA$0.08	CA$0.51	x
2020-05-31	CA$0.10	CA$0.51	x
2021-05-31	CA$0.09	CA$0.51	x
2022-05-31	CA$0.09	CA$0.51	x
2023-05-31	CA$0.11	CA$0.51	x
2024-05-31	CA$0.06	CA$0.51	x
2025-05-31	CA$0.09	CA$0.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hannan Metals 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): -18.61%
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: 1.03x
Recent ROE (-18.61%) is above the historical average (-22.41%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	-28.27%	0.00%	0.00x	1.04x	CA$-516.27K
2002	-74.01%	0.00%	0.00x	1.45x	CA$-708.97K
2003	0.00%	-3541.65%	0.24x	0.00x	CA$-1.05 Million
2004	0.00%	181.14%	0.72x	0.00x	CA$179.65K
2005	0.00%	0.00%	0.00x	0.00x	CA$-140.04K
2006	-57.48%	0.00%	0.00x	1.07x	CA$-1.42 Million
2007	-37.01%	0.00%	0.00x	1.06x	CA$-2.59 Million
2008	-24.79%	0.00%	0.00x	1.57x	CA$-9.24 Million
2009	-45.48%	0.00%	0.00x	1.36x	CA$-14.15 Million
2010	0.00%	0.00%	0.00x	0.00x	CA$-26.22 Million
2011	0.00%	0.00%	0.00x	0.00x	CA$-2.43 Million
2012	0.00%	0.00%	0.00x	0.00x	CA$179.78K
2013	0.00%	0.00%	0.00x	0.00x	CA$18.88K
2014	0.00%	0.00%	0.00x	0.00x	CA$3.04 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-146.97K
2016	0.00%	0.00%	0.00x	0.00x	CA$-86.47K
2017	-60.40%	0.00%	0.00x	2.53x	CA$-792.51K
2018	-33.19%	0.00%	0.00x	1.21x	CA$-1.45 Million
2019	-25.56%	0.00%	0.00x	1.16x	CA$-1.42 Million
2020	-19.46%	0.00%	0.00x	1.08x	CA$-1.76 Million
2021	-22.73%	0.00%	0.00x	1.03x	CA$-2.29 Million
2022	-10.93%	0.00%	0.00x	1.04x	CA$-1.69 Million
2023	-15.01%	0.00%	0.00x	1.03x	CA$-2.84 Million
2024	-87.20%	0.00%	0.00x	1.05x	CA$-6.37 Million
2025	-18.61%	0.00%	0.00x	1.03x	CA$-3.09 Million

Industry Comparison

This section compares Hannan Metals 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: $20,486,864
Average return on equity (ROE) among peers: -11.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hannan Metals Ltd (HAN)	CA$21.11 Million	-28.27%	0.01x	$53.43 Million
Aftermath Silver Ltd (AAG)	$-553.76K	0.00%	0.00x	$113.94 Million
Aton Resources Inc (AAN)	$-9.99 Million	0.00%	0.00x	$31.35 Million
Arbor Metals Corp (ABR)	$-81.69K	0.00%	0.00x	$4.10 Million
Asiabasemetals Inc (ABZ)	$-30.55K	0.00%	0.00x	$1.82 Million
Adex Mining Inc (ADE)	$-5.15 Million	0.00%	0.00x	$61.24 Million
Alphamin Res (AFM)	$174.59 Million	2.85%	0.82x	$1.16 Billion
Silver X Mining Corp (AGX)	$6.99 Million	-54.56%	0.04x	$128.73 Million
Amarc Resources Ltd. (AHR)	$5.20 Million	-41.43%	0.02x	$165.20 Million
Almonty Industries Inc (AII)	$45.62 Million	-18.06%	2.51x	$3.18 Billion
Aldebaran Resources Inc (ALDE)	$-11.72 Million	0.00%	0.00x	$470.67 Million

About Hannan Metals Ltd

V:HAN Canada Other Industrial Metals & Mining

Market Cap

$53.43 Million

CA$73.86 Million CAD

Market Cap Rank

#21461 Global

#736 in Canada

Share Price

CA$0.51

Change (1 day)

-1.92%

52-Week Range

CA$0.47 - CA$0.97

All Time High

CA$1.48