Minaean SP Construction Corp (MSP) - Net Assets
Based on the latest financial reports, Minaean SP Construction Corp (MSP) has net assets worth CA$38.38K CAD (≈ $27.76K 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$539.03K ≈ $389.93K USD) and total liabilities (CA$500.65K ≈ $362.16K 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 how resilient are Minaean SP Construction Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$38.38K |
| % of Total Assets | 7.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -152.85% |
| 10-Year Change | -238.69% |
| Growth Volatility | 577.66 |
Minaean SP Construction Corp - Net Assets Trend (2001–2025)
This chart illustrates how Minaean SP Construction Corp's net assets have evolved over time, based on quarterly financial data. Also explore Minaean SP Construction Corp balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Minaean SP Construction Corp (2001–2025)
The table below shows the annual net assets of Minaean SP Construction Corp from 2001 to 2025. For live valuation and market cap data, see Minaean SP Construction Corp (MSP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$-464.21K ≈ $-335.80K |
+52.20% |
| 2024-03-31 | CA$-971.09K ≈ $-702.47K |
-25.96% |
| 2023-03-31 | CA$-770.93K ≈ $-557.68K |
-2220.10% |
| 2022-03-31 | CA$36.36K ≈ $26.30K |
-95.86% |
| 2021-03-31 | CA$878.33K ≈ $635.37K |
+0.61% |
| 2020-03-31 | CA$872.99K ≈ $631.50K |
+3.32% |
| 2019-03-31 | CA$844.94K ≈ $611.22K |
-14.65% |
| 2018-03-31 | CA$989.95K ≈ $716.12K |
+15.60% |
| 2017-03-31 | CA$856.38K ≈ $619.49K |
+155.86% |
| 2016-03-31 | CA$334.71K ≈ $242.13K |
+108.70% |
| 2015-03-31 | CA$-3.85 Million ≈ $-2.78 Million |
-5.55% |
| 2014-03-31 | CA$-3.65 Million ≈ $-2.64 Million |
-18.36% |
| 2013-03-31 | CA$-3.08 Million ≈ $-2.23 Million |
-14.20% |
| 2012-03-31 | CA$-2.70 Million ≈ $-1.95 Million |
-11.24% |
| 2011-03-31 | CA$-2.43 Million ≈ $-1.75 Million |
-47.45% |
| 2010-03-31 | CA$-1.64 Million ≈ $-1.19 Million |
-224.22% |
| 2009-03-31 | CA$-507.30K ≈ $-366.98K |
-519.45% |
| 2008-03-31 | CA$-81.90K ≈ $-59.24K |
-110.92% |
| 2007-03-31 | CA$749.72K ≈ $542.33K |
+112.55% |
| 2006-03-31 | CA$352.73K ≈ $255.16K |
-55.49% |
| 2005-03-31 | CA$792.49K ≈ $573.28K |
+20.73% |
| 2004-03-31 | CA$656.41K ≈ $474.84K |
+69.39% |
| 2003-03-31 | CA$387.52K ≈ $280.33K |
-12.64% |
| 2002-03-31 | CA$443.57K ≈ $320.88K |
-0.01% |
| 2001-03-31 | CA$443.62K ≈ $320.91K |
-- |
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 |
|---|---|
|
Heart Test Laboratories Inc. Common Stock
NASDAQ:HSCS
|
$6.17 Million |
|
Bernard Loisea
PA:ALDBL
|
$6.17 Million |
|
Zimtu Capital Corp
V:ZC
|
$6.17 Million |
|
Culpeo Minerals Ltd
AU:CPO
|
$6.18 Million |
|
Iceni Gold Ltd
AU:ICL
|
$6.16 Million |
|
Enova Mining Ltd
AU:ENV
|
$6.16 Million |
|
Djasa Ubersakti Tbk
JK:PTDU
|
$6.15 Million |
|
Thai Ha Public Company Limited
BK:KASET
|
$6.15 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: $1,060,203,629
- Average return on equity (ROE) among peers: 21.49%
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 | $6.16 Million |
| Aecon Group Inc. (ARE) | $22.00 Million | 40.91% | 3.45x | $1.96 Billion |
| AtkinsRealis Group Inc (ATRL) | $597.11 Million | 33.92% | 3.28x | $9.62 Billion |
| Badger Infrastructure Solutions Ltd (BDGI) | $220.53 Million | -3.93% | 1.21x | $2.05 Billion |
| Bird Construction Inc. (BDT) | $212.61 Million | 16.98% | 4.02x | $2.32 Billion |
| DIRTT Environmental Solutions Ltd. (DRT) | $124.99 Million | -3.52% | 0.40x | $102.69 Million |
| Global Power Solutions Corp. (PWER) | $-464.21K | 0.00% | 0.00x | $4.57 Million |
| Reco International Group Inc (RGI) | $327.51K | 88.64% | 3.92x | $359.06K |
| Stantec Inc (STN) | $92.23 Million | 12.17% | 0.94x | $8.65 Billion |
| WSP Global Inc (WSP) | $8.27 Billion | 8.24% | 1.44x | $18.84 Billion |
About 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