Lumina Gold Corp (LUM) - Net Assets
Based on the latest financial reports, Lumina Gold Corp (LUM) has net assets worth CA$-60.04 Million CAD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$16.99 Million) and total liabilities (CA$77.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-60.04 Million |
| % of Total Assets | -353.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | -957.09% |
| 10-Year Change | -1453.18% |
| Growth Volatility | 455.71 |
Lumina Gold Corp - Net Assets Trend (1999–2024)
This chart illustrates how Lumina Gold 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 Lumina Gold Corp (1999–2024)
The table below shows the annual net assets of Lumina Gold Corp from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-41.21 Million | -417.19% |
| 2023-12-31 | CA$-7.97 Million | -98.97% |
| 2022-12-31 | CA$-4.00 Million | -123.35% |
| 2021-12-31 | CA$17.15 Million | +256.65% |
| 2020-12-31 | CA$4.81 Million | -55.88% |
| 2019-12-31 | CA$10.90 Million | -37.41% |
| 2018-12-31 | CA$17.41 Million | -73.24% |
| 2017-12-31 | CA$65.06 Million | +4.07% |
| 2016-12-31 | CA$62.51 Million | +1952.72% |
| 2015-12-31 | CA$3.05 Million | -5.89% |
| 2014-12-31 | CA$3.24 Million | +1086.29% |
| 2013-12-31 | CA$272.78K | -92.91% |
| 2012-12-31 | CA$3.84 Million | +58.22% |
| 2011-12-31 | CA$2.43 Million | -29.36% |
| 2010-12-31 | CA$3.44 Million | +133.30% |
| 2009-12-31 | CA$1.47 Million | +346.18% |
| 2008-12-31 | CA$330.47K | -87.95% |
| 2007-12-31 | CA$2.74 Million | -3.94% |
| 2006-12-31 | CA$2.86 Million | +244.78% |
| 2005-12-31 | CA$828.26K | -21.57% |
| 2004-12-31 | CA$1.06 Million | -14.30% |
| 2003-12-31 | CA$1.23 Million | -14.13% |
| 2002-12-31 | CA$1.44 Million | -9.64% |
| 2001-12-31 | CA$1.59 Million | -30.84% |
| 2000-12-31 | CA$2.30 Million | +2.61% |
| 1999-12-31 | CA$2.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lumina 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 15141122200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$131.04 Million | % |
| Total Equity | CA$-41.21 Million | 100.00% |
Lumina Gold Corp Competitors by Market Cap
The table below lists competitors of Lumina Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Raisio Oyj Vaihto-osake
HE:RAIVV
|
$381.57 Million |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
$381.58 Million |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
$381.63 Million |
|
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388
|
$381.88 Million |
|
Regulus Resources Inc
V:REG
|
$381.22 Million |
|
Nexxen International Ltd
NASDAQ:NEXN
|
$381.13 Million |
|
Bafang Yunji Intl Co Ltd
TW:2753
|
$381.09 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$381.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lumina Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,967,522 to -41,207,207, a change of -33,239,685.
- Net loss of 35,443,787 reduced equity.
- Other factors increased equity by 2,204,102.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-35.44 Million | -86.01% |
| Other Changes | CA$2.20 Million | +5.35% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Lumina 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CA$0.32 | CA$1.26 | x |
| 2000-12-31 | CA$0.33 | CA$1.26 | x |
| 2001-12-31 | CA$0.23 | CA$1.26 | x |
| 2002-12-31 | CA$0.20 | CA$1.26 | x |
| 2003-12-31 | CA$0.18 | CA$1.26 | x |
| 2004-12-31 | CA$0.15 | CA$1.26 | x |
| 2005-12-31 | CA$0.12 | CA$1.26 | x |
| 2006-12-31 | CA$0.37 | CA$1.26 | x |
| 2007-12-31 | CA$0.29 | CA$1.26 | x |
| 2008-12-31 | CA$0.03 | CA$1.26 | x |
| 2009-12-31 | CA$0.15 | CA$1.26 | x |
| 2010-12-31 | CA$0.25 | CA$1.26 | x |
| 2011-12-31 | CA$0.14 | CA$1.26 | x |
| 2012-12-31 | CA$0.22 | CA$1.26 | x |
| 2013-12-31 | CA$0.01 | CA$1.26 | x |
| 2014-12-31 | CA$0.05 | CA$1.26 | x |
| 2015-12-31 | CA$0.02 | CA$1.26 | x |
| 2016-12-31 | CA$0.40 | CA$1.26 | x |
| 2017-12-31 | CA$0.26 | CA$1.26 | x |
| 2018-12-31 | CA$0.06 | CA$1.26 | x |
| 2019-12-31 | CA$0.04 | CA$1.26 | x |
| 2020-12-31 | CA$0.01 | CA$1.26 | x |
| 2021-12-31 | CA$0.05 | CA$1.26 | x |
| 2022-12-31 | CA$-0.01 | CA$1.26 | x |
| 2023-12-31 | CA$-0.02 | CA$1.26 | x |
| 2024-12-31 | CA$-0.10 | CA$1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lumina Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-123.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -28.55% | 0.00% | 0.00x | 1.03x | CA$-862.78K |
| 2000 | 2.17% | 0.00% | 0.00x | 1.03x | CA$-179.01K |
| 2001 | -44.85% | 0.00% | 0.00x | 1.05x | CA$-866.31K |
| 2002 | -10.74% | 0.00% | 0.00x | 1.04x | CA$-295.77K |
| 2003 | -16.56% | 0.00% | 0.00x | 1.08x | CA$-324.98K |
| 2004 | -37.82% | 0.00% | 0.00x | 1.08x | CA$-500.84K |
| 2005 | -39.37% | 0.00% | 0.00x | 1.11x | CA$-408.88K |
| 2006 | -15.76% | 0.00% | 0.00x | 1.05x | CA$-735.64K |
| 2007 | -20.86% | 0.00% | 0.00x | 1.11x | CA$-846.66K |
| 2008 | -894.24% | 0.00% | 0.00x | 1.49x | CA$-2.99 Million |
| 2009 | -19.34% | 0.00% | 0.00x | 1.11x | CA$-432.58K |
| 2010 | -28.44% | 0.00% | 0.00x | 1.04x | CA$-1.32 Million |
| 2011 | 10.20% | 797.71% | 0.01x | 1.24x | CA$4.77K |
| 2012 | 1.46% | 0.00% | 0.00x | 1.05x | CA$-328.43K |
| 2013 | -1312.14% | 0.00% | 0.00x | 1.90x | CA$-3.61 Million |
| 2014 | -98.72% | 0.00% | 0.00x | 1.12x | CA$-3.52 Million |
| 2015 | -109.55% | 0.00% | 0.00x | 1.01x | CA$-3.64 Million |
| 2016 | -6.76% | 0.00% | 0.00x | 1.09x | CA$-9.67 Million |
| 2017 | -21.72% | 0.00% | 0.00x | 1.09x | CA$-19.20 Million |
| 2018 | -146.94% | 0.00% | 0.00x | 1.03x | CA$-27.32 Million |
| 2019 | -150.17% | 0.00% | 0.00x | 1.13x | CA$-17.46 Million |
| 2020 | -166.28% | 0.00% | 0.00x | 1.33x | CA$-8.48 Million |
| 2021 | -47.86% | 0.00% | 0.00x | 1.04x | CA$-9.92 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.85 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-16.46 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-31.32 Million |
Industry Comparison
This section compares Lumina Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lumina Gold Corp (LUM) | CA$-60.04 Million | -28.55% | N/A | $381.31 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Lumina Gold Corp
Lumina Gold Corp. engages in the acquisition, exploration, and development of mineral resources in Ecuador. The company primarily explores for gold and copper deposits. It holds 100% interests in the Cangrejos gold-copper project that consists of approximately 6,374 hectares located in El Oro Province, southwest Ecuador. The company was formerly known as Odin Mining and Exploration Ltd. and chang… Read more