Mene Inc (MENE) - Net Assets

Latest as of September 2025: CA$17.62 Million CAD ≈ $12.75 Million USD

Based on the latest financial reports, Mene Inc (MENE) has net assets worth CA$17.62 Million CAD (≈ $12.75 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$20.03 Million ≈ $14.49 Million USD) and total liabilities (CA$2.41 Million ≈ $1.74 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. Check financial resilience of Mene Inc to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$17.62 Million
% of Total Assets	87.97%
Annual Growth Rate	N/A
5-Year Change	54.48%
10-Year Change	N/A
Growth Volatility	1285.92

Mene Inc - Net Assets Trend (2000–2024)

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

Annual Net Assets for Mene Inc (2000–2024)

The table below shows the annual net assets of Mene Inc from 2000 to 2024. For live valuation and market cap data, see Mene Inc (MENE) market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$17.77 Million ≈ $12.85 Million	+11.19%
2023-12-31	CA$15.98 Million ≈ $11.56 Million	-8.51%
2022-12-31	CA$17.47 Million ≈ $12.64 Million	-0.86%
2021-12-31	CA$17.62 Million ≈ $12.75 Million	+53.18%
2020-12-31	CA$11.50 Million ≈ $8.32 Million	-23.96%
2019-12-31	CA$15.13 Million ≈ $10.94 Million	-18.30%
2018-12-31	CA$18.52 Million ≈ $13.39 Million	+5770.63%
2017-12-31	CA$315.40K ≈ $228.16K	+212.52%
2016-12-31	CA$-280.31K ≈ $-202.77K	-77.32%
2015-12-31	CA$-158.08K ≈ $-114.35K	-70.42%
2014-12-31	CA$-92.76K ≈ $-67.10K	-108.89%
2013-12-31	CA$1.04 Million ≈ $754.59K	-84.61%
2012-12-31	CA$6.78 Million ≈ $4.90 Million	-37.19%
2011-12-31	CA$10.79 Million ≈ $7.81 Million	-9.76%
2010-12-31	CA$11.96 Million ≈ $8.65 Million	-21.23%
2009-12-31	CA$15.18 Million ≈ $10.98 Million	+19.04%
2008-12-31	CA$12.75 Million ≈ $9.23 Million	+86.80%
2007-12-31	CA$6.83 Million ≈ $4.94 Million	+167.63%
2006-12-31	CA$2.55 Million ≈ $1.85 Million	-30.69%
2005-12-31	CA$3.68 Million ≈ $2.66 Million	+50.69%
2004-12-31	CA$2.44 Million ≈ $1.77 Million	+330.41%
2003-12-31	CA$567.48K ≈ $410.50K	+553.43%
2002-12-31	CA$86.85K ≈ $62.82K	+228.46%
2001-12-31	CA$-67.60K ≈ $-48.90K	-255.98%
2000-12-31	CA$-18.99K ≈ $-13.74K	--

Equity Component Analysis

This analysis shows how different components contribute to Mene Inc'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 1960868100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$40.69 Million	229.01%
Total Equity	CA$17.77 Million	100.00%

Mene Inc Competitors by Market Cap

The table below lists competitors of Mene Inc ranked by their market capitalization.

Company	Market Cap
Parkway Corporate Ltd AU:PWN	$19.59 Million
Metal Energy Corp V:MERG	$19.60 Million
Coats Group PLC LSE:COA	$19.60 Million
PJX Resources Inc V:PJX	$19.61 Million
Aqua Corporation Public Company Limited BK:AQUA	$19.59 Million
Equippp Social Impact Technologies Limited NSE:EQUIPPP	$19.58 Million
Artego Tg. Jiu RO:ARTE	$19.56 Million
Shenzhen Wongtee International Enterprise Co Ltd SHE:200056	$19.56 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 15,981,748 to 17,769,949, a change of 1,788,201 (11.2%).
Net loss of 993,933 reduced equity.
Other factors increased equity by 2,782,134.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-993.93K	-5.59%
Other Changes	CA$2.78 Million	+15.66%
Total Change	CA$-	11.19%

Book Value vs Market Value Analysis

This analysis compares Mene Inc'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: 2.64x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CA$-4.42	CA$0.18	x
2001-12-31	CA$-9.93	CA$0.18	x
2002-12-31	CA$12.78	CA$0.18	x
2003-12-31	CA$24.44	CA$0.18	x
2004-12-31	CA$57.09	CA$0.18	x
2005-12-31	CA$47.97	CA$0.18	x
2006-12-31	CA$17.01	CA$0.18	x
2007-12-31	CA$30.76	CA$0.18	x
2008-12-31	CA$33.31	CA$0.18	x
2009-12-31	CA$26.61	CA$0.18	x
2010-12-31	CA$15.49	CA$0.18	x
2011-12-31	CA$8.36	CA$0.18	x
2012-12-31	CA$4.33	CA$0.18	x
2013-12-31	CA$0.61	CA$0.18	x
2014-12-31	CA$-0.05	CA$0.18	x
2015-12-31	CA$-0.08	CA$0.18	x
2016-12-31	CA$-0.14	CA$0.18	x
2017-12-31	CA$0.08	CA$0.18	x
2018-12-31	CA$0.09	CA$0.18	x
2019-12-31	CA$0.06	CA$0.18	x
2020-12-31	CA$0.05	CA$0.18	x
2021-12-31	CA$0.07	CA$0.18	x
2022-12-31	CA$0.07	CA$0.18	x
2023-12-31	CA$0.06	CA$0.18	x
2024-12-31	CA$0.07	CA$0.18	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mene Inc 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): -5.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.85%
• Asset Turnover: 1.23x
• Equity Multiplier: 1.18x
Recent ROE (-5.59%) is above the historical average (-49.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	0.00%	0.00%	0.00x	0.00x	CA$-65.27K
2001	0.00%	0.00%	0.00x	0.00x	CA$-41.85K
2002	-112.64%	0.00%	0.00x	2.85x	CA$-106.51K
2003	-92.41%	0.00%	0.00x	1.96x	CA$-581.17K
2004	-21.58%	0.00%	0.00x	1.03x	CA$-771.46K
2005	-9.23%	0.00%	0.00x	1.01x	CA$-707.84K
2006	-164.53%	0.00%	0.00x	1.04x	CA$-4.45 Million
2007	-3.44%	0.00%	0.00x	1.12x	CA$-917.48K
2008	-33.19%	0.00%	0.00x	1.14x	CA$-5.51 Million
2009	-2.97%	0.00%	0.00x	1.06x	CA$-1.97 Million
2010	-42.57%	0.00%	0.00x	1.08x	CA$-6.29 Million
2011	-29.10%	0.00%	0.00x	1.06x	CA$-4.22 Million
2012	-64.13%	0.00%	0.00x	1.16x	CA$-5.02 Million
2013	-556.27%	0.00%	0.00x	2.17x	CA$-5.91 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-1.15 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-65.54K
2016	0.00%	0.00%	0.00x	0.00x	CA$-94.19K
2017	30.73%	0.00%	0.00x	1.03x	CA$65.37K
2018	-37.63%	-87.88%	0.25x	1.70x	CA$-8.82 Million
2019	-47.52%	-55.03%	0.30x	2.85x	CA$-8.70 Million
2020	-23.73%	-12.92%	0.64x	2.86x	CA$-3.88 Million
2021	-0.19%	-0.12%	0.90x	1.69x	CA$-1.79 Million
2022	-8.38%	-5.44%	0.85x	1.82x	CA$-3.21 Million
2023	-12.44%	-8.53%	1.28x	1.14x	CA$-3.59 Million
2024	-5.59%	-3.85%	1.23x	1.18x	CA$-2.77 Million

Industry Comparison

This section compares Mene Inc's net assets metrics with peer companies in the Luxury Goods industry.

No peer company data available for comparison.

About Mene Inc

V:MENE Canada Luxury Goods

Market Cap

$19.59 Million

CA$27.08 Million CAD

Market Cap Rank

#25090 Global

#987 in Canada

Share Price

CA$0.18

Change (1 day)

+0.00%

52-Week Range

CA$0.13 - CA$0.25

All Time High

CA$1.00