Hanstone Gold Corp (HANS) - Net Assets
Based on the latest financial reports, Hanstone Gold Corp (HANS) has net assets worth CA$-368.40K CAD (≈ $-266.50K 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$2.99 Million ≈ $2.16 Million USD) and total liabilities (CA$3.36 Million ≈ $2.43 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read debt load of Hanstone Gold Corp for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-368.40K |
| % of Total Assets | -12.33% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | -78.12% |
| 10-Year Change | N/A |
| Growth Volatility | 164.45 |
Hanstone Gold Corp - Net Assets Trend (2018–2024)
This chart illustrates how Hanstone Gold Corp's net assets have evolved over time, based on quarterly financial data. Also explore HANS asset base for the complete picture of this company's asset base.
Annual Net Assets for Hanstone Gold Corp (2018–2024)
The table below shows the annual net assets of Hanstone Gold Corp from 2018 to 2024. For live valuation and market cap data, see Hanstone Gold Corp (HANS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$383.44K ≈ $277.38K |
-57.52% |
| 2023-12-31 | CA$902.54K ≈ $652.89K |
+22.22% |
| 2022-12-31 | CA$738.45K ≈ $534.18K |
-50.53% |
| 2021-12-31 | CA$1.49 Million ≈ $1.08 Million |
-14.82% |
| 2020-12-31 | CA$1.75 Million ≈ $1.27 Million |
+414.16% |
| 2019-12-31 | CA$340.85K ≈ $246.56K |
+130.41% |
| 2018-12-31 | CA$147.93K ≈ $107.01K |
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Equity Component Analysis
This analysis shows how different components contribute to Hanstone Gold 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 945920100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.87 Million | 2574.16% |
| Total Equity | CA$383.44K | 100.00% |
Hanstone Gold Corp Competitors by Market Cap
The table below lists competitors of Hanstone Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inti Kapuas Arowana Tbk
JK:IIKP
|
$937.54K |
|
STRATA Skin Sciences Inc
NASDAQ:SSKN
|
$937.94K |
|
GENERAL COPPER GOLD CORP.
F:7S50
|
$938.30K |
|
Science in Sport plc
LSE:SIS
|
$938.40K |
|
Geiger Counter Limited
LSE:GCL
|
$931.15K |
|
Journeo PLC
LSE:JNEO
|
$924.72K |
|
Eurasia Mining
LSE:EUA
|
$924.69K |
|
Identillect Technologies Corp
V:ID
|
$922.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanstone Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 902,545 to 383,442, a change of -519,103 (-57.5%).
- Net loss of 893,481 reduced equity.
- Other factors increased equity by 374,378.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-893.48K | -233.02% |
| Other Changes | CA$374.38K | +97.64% |
| Total Change | CA$- | -57.52% |
Book Value vs Market Value Analysis
This analysis compares Hanstone Gold 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
- Current price-to-book ratio: 3.37x
- 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 1.01x to 3.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.02 | CA$0.03 | x |
| 2019-12-31 | CA$0.06 | CA$0.03 | x |
| 2020-12-31 | CA$0.07 | CA$0.03 | x |
| 2021-12-31 | CA$0.04 | CA$0.03 | x |
| 2022-12-31 | CA$0.02 | CA$0.03 | x |
| 2023-12-31 | CA$0.02 | CA$0.03 | x |
| 2024-12-31 | CA$0.01 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanstone Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -233.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 5.94x
- Recent ROE (-233.02%) is below the historical average (-153.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -16.60% | 0.00% | 0.00x | 1.03x | CA$-90.65K |
| 2020 | -143.22% | 0.00% | 0.00x | 1.07x | CA$-2.69 Million |
| 2021 | -259.49% | 0.00% | 0.00x | 1.67x | CA$-4.02 Million |
| 2022 | -195.44% | 0.00% | 0.00x | 2.39x | CA$-1.52 Million |
| 2023 | -75.60% | 0.00% | 0.00x | 2.02x | CA$-772.59K |
| 2024 | -233.02% | 0.00% | 0.00x | 5.94x | CA$-931.83K |
Industry Comparison
This section compares Hanstone Gold Corp'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanstone Gold Corp (HANS) | CA$-368.40K | -16.60% | N/A | $934.85K |
| 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 Hanstone Gold Corp
Hanstone Gold Corp. acquires and explores for mineral properties in Canada. It primarily explores for gold and silver. The company holds 100% interest in the Doc Property which consist of 8 contiguous mineral claims covering an area of 1,704.23 hectares located in the Skeena Mining Division in northwest British Columbia; and holds 100% interest in the Snip North property comprising 5 mineral clai… Read more