Minaean SP Construction Corp
Global Power Solutions Corp., through its subsidiaries, provides general contracting services to the construction industry in Canada. The company provides light gauge steel technology, a cold formed galvanized steel that comes in a coil form to produce a range of uniform shapes and products; vesta quik-build system that utilizes corrugated load-bearing light gauge steel panels; artisan quik-build… Read more
Minaean SP Construction Corp (MSP) - Net Assets
Latest net assets as of September 2025: CA$38.38K CAD
Based on the latest financial reports, Minaean SP Construction Corp (MSP) has net assets worth CA$38.38K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$539.03K) and total liabilities (CA$500.65K). 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$38.38K |
| % of Total Assets | 7.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -152.85% |
| 10-Year Change | -238.69% |
| Growth Volatility | 577.66 |
Minaean SP Construction Corp - Net Assets Trend (2001–2025)
This chart illustrates how Minaean SP Construction Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Minaean SP Construction Corp (2001–2025)
The table below shows the annual net assets of Minaean SP Construction Corp from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$-464.21K | +52.20% |
| 2024-03-31 | CA$-971.09K | -25.96% |
| 2023-03-31 | CA$-770.93K | -2220.10% |
| 2022-03-31 | CA$36.36K | -95.86% |
| 2021-03-31 | CA$878.33K | +0.61% |
| 2020-03-31 | CA$872.99K | +3.32% |
| 2019-03-31 | CA$844.94K | -14.65% |
| 2018-03-31 | CA$989.95K | +15.60% |
| 2017-03-31 | CA$856.38K | +155.86% |
| 2016-03-31 | CA$334.71K | +108.70% |
| 2015-03-31 | CA$-3.85 Million | -5.55% |
| 2014-03-31 | CA$-3.65 Million | -18.36% |
| 2013-03-31 | CA$-3.08 Million | -14.20% |
| 2012-03-31 | CA$-2.70 Million | -11.24% |
| 2011-03-31 | CA$-2.43 Million | -47.45% |
| 2010-03-31 | CA$-1.64 Million | -224.22% |
| 2009-03-31 | CA$-507.30K | -519.45% |
| 2008-03-31 | CA$-81.90K | -110.92% |
| 2007-03-31 | CA$749.72K | +112.55% |
| 2006-03-31 | CA$352.73K | -55.49% |
| 2005-03-31 | CA$792.49K | +20.73% |
| 2004-03-31 | CA$656.41K | +69.39% |
| 2003-03-31 | CA$387.52K | -12.64% |
| 2002-03-31 | CA$443.57K | -0.01% |
| 2001-03-31 | CA$443.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minaean SP Construction 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 285408.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$12.83 Million | % |
| Total Equity | CA$-464.21K | 100.00% |
Minaean SP Construction Corp Competitors by Market Cap
The table below lists competitors of Minaean SP Construction Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PP PRIME Public Company Limited
BK:PPPM
|
$4.26 Million |
|
Forza Land Indonesia Tbk PT
JK:FORZ
|
$4.26 Million |
|
AB Panevezio Statybos Trestas
STU:YK3
|
$4.27 Million |
|
Fresh Grapes LLC
NYSE MKT:VINE
|
$4.27 Million |
|
Direct Finance TA
TA:DIFI
|
$4.26 Million |
|
Rhone Ma Holdings Bhd
KLSE:5278
|
$4.26 Million |
|
New Age Exploration Ltd
AU:NAE
|
$4.25 Million |
|
Lendway Inc.
NASDAQ:LDWY
|
$4.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minaean SP Construction Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -971,089 to -464,207, a change of 506,882.
- Net income of 512,115 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,916,525.
- Other factors increased equity by 1,911,292.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$512.12K | +110.32% |
| Other Comprehensive Income | CA$-1.92 Million | -412.86% |
| Other Changes | CA$1.91 Million | +411.73% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Minaean SP Construction 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 |
|---|---|---|---|
| 2001-03-31 | CA$0.25 | CA$0.35 | x |
| 2002-03-31 | CA$0.25 | CA$0.35 | x |
| 2003-03-31 | CA$0.22 | CA$0.35 | x |
| 2004-03-31 | CA$0.07 | CA$0.35 | x |
| 2005-03-31 | CA$0.07 | CA$0.35 | x |
| 2006-03-31 | CA$0.03 | CA$0.35 | x |
| 2007-03-31 | CA$0.05 | CA$0.35 | x |
| 2008-03-31 | CA$0.00 | CA$0.35 | x |
| 2009-03-31 | CA$-0.03 | CA$0.35 | x |
| 2010-03-31 | CA$-0.09 | CA$0.35 | x |
| 2011-03-31 | CA$-0.13 | CA$0.35 | x |
| 2012-03-31 | CA$-0.11 | CA$0.35 | x |
| 2013-03-31 | CA$-0.12 | CA$0.35 | x |
| 2014-03-31 | CA$-0.14 | CA$0.35 | x |
| 2015-03-31 | CA$-0.14 | CA$0.35 | x |
| 2016-03-31 | CA$0.01 | CA$0.35 | x |
| 2017-03-31 | CA$0.01 | CA$0.35 | x |
| 2018-03-31 | CA$0.02 | CA$0.35 | x |
| 2019-03-31 | CA$0.01 | CA$0.35 | x |
| 2020-03-31 | CA$0.01 | CA$0.35 | x |
| 2021-03-31 | CA$0.02 | CA$0.35 | x |
| 2022-03-31 | CA$0.00 | CA$0.35 | x |
| 2023-03-31 | CA$-0.01 | CA$0.35 | x |
| 2024-03-31 | CA$-0.02 | CA$0.35 | x |
| 2025-03-31 | CA$-0.04 | CA$0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minaean SP Construction Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-120.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.48% | 106850.00% | 0.00x | 1.00x | CA$-42.22K |
| 2002 | -0.01% | -0.23% | 0.04x | 1.01x | CA$-44.40K |
| 2003 | -14.47% | -616.00% | 0.02x | 1.10x | CA$-94.81K |
| 2004 | -164.28% | -594.81% | 0.16x | 1.67x | CA$-1.14 Million |
| 2005 | -150.68% | -321.60% | 0.26x | 1.81x | CA$-1.27 Million |
| 2006 | -335.19% | -145.11% | 0.73x | 3.15x | CA$-1.22 Million |
| 2007 | -180.27% | -39.74% | 1.08x | 4.18x | CA$-1.43 Million |
| 2008 | 0.00% | -30.32% | 1.20x | 0.00x | CA$-1.17 Million |
| 2009 | 0.00% | -19.74% | 1.76x | 0.00x | CA$-1.35 Million |
| 2010 | 0.00% | -55.39% | 0.91x | 0.00x | CA$-1.05 Million |
| 2011 | 0.00% | -38.97% | 1.49x | 0.00x | CA$-861.98K |
| 2012 | 0.00% | -204.18% | 0.71x | 0.00x | CA$-784.83K |
| 2013 | 0.00% | -132.23% | 0.58x | 0.00x | CA$-184.08K |
| 2014 | 0.00% | -36.84% | 2.49x | 0.00x | CA$-638.65K |
| 2015 | 0.00% | -12.40% | 2.13x | 0.00x | CA$156.49K |
| 2016 | 381.77% | 163.13% | 1.03x | 2.28x | CA$1.24 Million |
| 2017 | 57.12% | 27.94% | 1.38x | 1.48x | CA$403.55K |
| 2018 | 14.65% | 17.80% | 0.56x | 1.47x | CA$46.04K |
| 2019 | -17.21% | -41.36% | 0.27x | 1.53x | CA$-229.95K |
| 2020 | 3.47% | 8.67% | 0.26x | 1.57x | CA$-56.96K |
| 2021 | -32.15% | -94.13% | 0.23x | 1.52x | CA$-370.22K |
| 2022 | -2583.84% | -313.19% | 0.46x | 18.06x | CA$-943.20K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-870.20K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-169.90K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$558.54K |
Industry Comparison
This section compares Minaean SP Construction Corp's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $-313,216
- Average return on equity (ROE) among peers: -56.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minaean SP Construction Corp (MSP) | CA$38.38K | 0.48% | 13.05x | $4.26 Million |
| Global Power Solutions Corp. (PWER) | $-971.09K | 0.00% | 0.00x | $6.19 Million |
| Reco International Group Inc (RGI) | $344.66K | -112.19% | 2.00x | $348.29K |