Manganese X Energy Corp (MN) - Net Assets
Based on the latest financial reports, Manganese X Energy Corp (MN) has net assets worth CA$2.07 Million CAD (≈ $1.50 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.13 Million ≈ $1.54 Million USD) and total liabilities (CA$59.62K ≈ $43.13K 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 Manganese X Energy Corp (MN) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.07 Million |
| % of Total Assets | 97.2% |
| Annual Growth Rate | 19.67% |
| 5-Year Change | -47.27% |
| 10-Year Change | N/A |
| Growth Volatility | 2068.51 |
Manganese X Energy Corp - Net Assets Trend (2009–2025)
This chart illustrates how Manganese X Energy Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Manganese X Energy Corp for the complete picture of this company's asset base.
Annual Net Assets for Manganese X Energy Corp (2009–2025)
The table below shows the annual net assets of Manganese X Energy Corp from 2009 to 2025. For live valuation and market cap data, see MN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$3.03 Million ≈ $2.19 Million |
+37.85% |
| 2024-03-31 | CA$2.19 Million ≈ $1.59 Million |
-42.84% |
| 2023-03-31 | CA$3.84 Million ≈ $2.78 Million |
-2.20% |
| 2022-03-31 | CA$3.93 Million ≈ $2.84 Million |
-31.57% |
| 2021-03-31 | CA$5.74 Million ≈ $4.15 Million |
+506.83% |
| 2020-03-31 | CA$945.54K ≈ $683.99K |
-3.36% |
| 2019-03-31 | CA$978.44K ≈ $707.79K |
-13.47% |
| 2018-03-31 | CA$1.13 Million ≈ $817.98K |
+0.41% |
| 2017-03-31 | CA$1.13 Million ≈ $814.63K |
+192.17% |
| 2016-03-31 | CA$-1.22 Million ≈ $-883.80K |
+22.24% |
| 2015-03-31 | CA$-1.57 Million ≈ $-1.14 Million |
-48.36% |
| 2014-03-31 | CA$-1.06 Million ≈ $-766.12K |
-53.67% |
| 2013-03-31 | CA$-689.20K ≈ $-498.56K |
-620.13% |
| 2012-03-31 | CA$-95.70K ≈ $-69.23K |
-121.43% |
| 2011-03-31 | CA$446.52K ≈ $323.01K |
+7197.27% |
| 2010-03-31 | CA$6.12K ≈ $4.43K |
-96.42% |
| 2009-03-31 | CA$171.03K ≈ $123.72K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Manganese X Energy 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 2807007400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$31.17 Million | 1030.15% |
| Total Equity | CA$3.03 Million | 100.00% |
Manganese X Energy Corp Competitors by Market Cap
The table below lists competitors of Manganese X Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HaiNan Pearl River Holdings Co Ltd Class B
SHE:200505
|
$16.34 Million |
|
Moment Group AB
ST:MOMENT
|
$16.35 Million |
|
Laser Photonics Corporation Common Stock
NASDAQ:LASE
|
$16.35 Million |
|
Pharma Equity Group A/S Cl A
CO:PEG
|
$16.36 Million |
|
Control Bionics Ltd
AU:CBL
|
$16.32 Million |
|
TPC Co. Ltd
KQ:130740
|
$16.32 Million |
|
Gale Pacific Ltd
AU:GAP
|
$16.31 Million |
|
Ruchi Infrastructure Limited
NSE:RUCHINFRA
|
$16.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manganese X Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,194,865 to 3,025,640, a change of 830,775 (37.9%).
- Net loss of 1,566,113 reduced equity.
- New share issuances of 2,476,319 increased equity.
- Other factors decreased equity by 79,431.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.57 Million | -51.76% |
| Share Issuances | CA$2.48 Million | +81.84% |
| Other Changes | CA$-79.43K | -2.63% |
| Total Change | CA$- | 37.85% |
Book Value vs Market Value Analysis
This analysis compares Manganese X Energy 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: 7.45x
- 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 7.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | CA$11.96 | CA$0.11 | x |
| 2010-03-31 | CA$0.15 | CA$0.11 | x |
| 2011-03-31 | CA$1.06 | CA$0.11 | x |
| 2012-03-31 | CA$-0.10 | CA$0.11 | x |
| 2013-03-31 | CA$-0.74 | CA$0.11 | x |
| 2014-03-31 | CA$-1.05 | CA$0.11 | x |
| 2015-03-31 | CA$-1.31 | CA$0.11 | x |
| 2016-03-31 | CA$-0.32 | CA$0.11 | x |
| 2017-03-31 | CA$0.05 | CA$0.11 | x |
| 2018-03-31 | CA$0.02 | CA$0.11 | x |
| 2019-03-31 | CA$0.02 | CA$0.11 | x |
| 2020-03-31 | CA$0.01 | CA$0.11 | x |
| 2021-03-31 | CA$0.06 | CA$0.11 | x |
| 2022-03-31 | CA$0.03 | CA$0.11 | x |
| 2023-03-31 | CA$0.03 | CA$0.11 | x |
| 2024-03-31 | CA$0.02 | CA$0.11 | x |
| 2025-03-31 | CA$0.01 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manganese X Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-51.76%) is above the historical average (-626.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -39.63% | 0.00% | 0.00x | 1.10x | CA$-84.87K |
| 2010 | -9251.32% | 0.00% | 0.00x | 46.24x | CA$-566.70K |
| 2011 | -532.23% | 0.00% | 0.00x | 1.80x | CA$-2.42 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.00 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-865.47K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-775.74K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-624.45K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$71.17K |
| 2017 | -65.56% | 0.00% | 0.00x | 1.12x | CA$-850.95K |
| 2018 | -118.44% | 0.00% | 0.00x | 1.08x | CA$-1.45 Million |
| 2019 | -123.15% | 0.00% | 0.00x | 1.77x | CA$-1.30 Million |
| 2020 | -97.58% | 0.00% | 0.00x | 1.14x | CA$-1.02 Million |
| 2021 | -85.06% | 0.00% | 0.00x | 1.04x | CA$-5.45 Million |
| 2022 | -108.87% | 0.00% | 0.00x | 1.03x | CA$-4.67 Million |
| 2023 | -73.79% | 0.00% | 0.00x | 1.03x | CA$-3.22 Million |
| 2024 | -104.07% | 0.00% | 0.00x | 1.08x | CA$-2.50 Million |
| 2025 | -51.76% | 0.00% | 0.00x | 1.03x | CA$-1.87 Million |
Industry Comparison
This section compares Manganese X Energy 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 |
|---|---|---|---|---|
| Manganese X Energy Corp (MN) | CA$2.07 Million | -39.63% | 0.03x | $16.34 Million |
| 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 Manganese X Energy Corp
Manganese X Energy Corp. acquires and advances mining prospects for supplying value-added materials to the lithium-ion battery and other alternative energy industries in North America. It explores manganese, copper, nickel, and cobalt deposits. The company's principal project includes the Battery Hill Manganese property that consists of 55 claims covering an area of approximately 1,228 hectares l… Read more