Phenom Resources Corp (PHNM) - Net Assets
Based on the latest financial reports, Phenom Resources Corp (PHNM) has net assets worth CA$21.12 Million CAD as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.30 Million) and total liabilities (CA$180.24K). 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$21.12 Million |
| % of Total Assets | 99.15% |
| Annual Growth Rate | 46.15% |
| 5-Year Change | 111.4% |
| 10-Year Change | N/A |
| Growth Volatility | 144.63 |
Phenom Resources Corp - Net Assets Trend (2017–2024)
This chart illustrates how Phenom Resources 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 Phenom Resources Corp (2017–2024)
The table below shows the annual net assets of Phenom Resources Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$19.93 Million | +8.82% |
| 2023-11-30 | CA$18.31 Million | +0.59% |
| 2022-11-30 | CA$18.20 Million | +19.43% |
| 2021-11-30 | CA$15.24 Million | +61.70% |
| 2020-11-30 | CA$9.43 Million | +24.28% |
| 2019-11-30 | CA$7.58 Million | +2.45% |
| 2018-11-30 | CA$7.40 Million | +429.23% |
| 2017-11-30 | CA$1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phenom Resources 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 1385717100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$41.71 Million | 209.32% |
| Total Equity | CA$19.93 Million | 100.00% |
Phenom Resources Corp Competitors by Market Cap
The table below lists competitors of Phenom Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jentayu Sustainables Bhd
KLSE:5673
|
$33.61 Million |
|
DL Holdings Co Ltd Preferred
KO:000215
|
$33.61 Million |
|
Yoo Sung Ent
KO:002920
|
$33.61 Million |
|
Premier Quality Starch PCL
BK:PQS
|
$33.62 Million |
|
SHL Telemedicine Ltd American Depositary Shares
NASDAQ:SHLT
|
$33.60 Million |
|
Beauty Community Public Company Limited
BK:BEAUTY
|
$33.60 Million |
|
ZYUS Life Sciences Corporation
V:ZYUS
|
$33.60 Million |
|
Aurora Mobile Ltd
NASDAQ:JG
|
$33.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phenom Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,311,781 to 19,926,145, a change of 1,614,364 (8.8%).
- Net loss of 1,191,106 reduced equity.
- New share issuances of 2,337,060 increased equity.
- Other factors increased equity by 468,410.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.19 Million | -5.98% |
| Share Issuances | CA$2.34 Million | +11.73% |
| Other Changes | CA$468.41K | +2.35% |
| Total Change | CA$- | 8.82% |
Book Value vs Market Value Analysis
This analysis compares Phenom Resources 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: 2.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.76x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | CA$0.07 | CA$0.40 | x |
| 2018-11-30 | CA$0.20 | CA$0.40 | x |
| 2019-11-30 | CA$0.18 | CA$0.40 | x |
| 2020-11-30 | CA$0.16 | CA$0.40 | x |
| 2021-11-30 | CA$0.20 | CA$0.40 | x |
| 2022-11-30 | CA$0.20 | CA$0.40 | x |
| 2023-11-30 | CA$0.19 | CA$0.40 | x |
| 2024-11-30 | CA$0.19 | CA$0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phenom Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-5.98%) is above the historical average (-20.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -42.48% | 0.00% | 0.00x | 1.06x | CA$-734.12K |
| 2018 | -43.70% | 0.00% | 0.00x | 1.06x | CA$-3.98 Million |
| 2019 | -21.40% | 0.00% | 0.00x | 1.06x | CA$-2.38 Million |
| 2020 | -12.18% | 0.00% | 0.00x | 1.09x | CA$-2.09 Million |
| 2021 | -18.15% | 0.00% | 0.00x | 1.08x | CA$-4.29 Million |
| 2022 | -11.14% | 0.00% | 0.00x | 1.03x | CA$-3.85 Million |
| 2023 | -10.19% | 0.00% | 0.00x | 1.05x | CA$-3.70 Million |
| 2024 | -5.98% | 0.00% | 0.00x | 1.01x | CA$-3.18 Million |
Industry Comparison
This section compares Phenom Resources 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 |
|---|---|---|---|---|
| Phenom Resources Corp (PHNM) | CA$21.12 Million | -42.48% | 0.01x | $33.60 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 Phenom Resources Corp
Phenom Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for gold, copper, and vanadium deposits. It holds a portfolio of properties located in Nevada and Arizona, the United States. The company was formerly known as First Vanadium Corp. and changed its name to Phenom Resources Corp. in July 2021. Phenom Resources Corp. was incorpo… Read more