Parkit Enterprise Inc (PKT) - Net Assets
Based on the latest financial reports, Parkit Enterprise Inc (PKT) has net assets worth CA$158.10 Million 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$311.35 Million) and total liabilities (CA$153.26 Million). 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$158.10 Million |
| % of Total Assets | 50.78% |
| Annual Growth Rate | 30.94% |
| 5-Year Change | 327.0% |
| 10-Year Change | 777.75% |
| Growth Volatility | 527.0 |
Parkit Enterprise Inc - Net Assets Trend (2008–2024)
This chart illustrates how Parkit Enterprise Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Parkit Enterprise Inc (2008–2024)
The table below shows the annual net assets of Parkit Enterprise Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$143.82 Million | -3.60% |
| 2023-12-31 | CA$149.19 Million | -5.67% |
| 2022-12-31 | CA$158.15 Million | -0.11% |
| 2021-12-31 | CA$158.33 Million | +370.07% |
| 2020-12-31 | CA$33.68 Million | +63.34% |
| 2019-12-31 | CA$20.62 Million | -1.14% |
| 2018-12-31 | CA$20.86 Million | +19.98% |
| 2017-12-31 | CA$17.38 Million | +3.76% |
| 2016-12-31 | CA$16.76 Million | +2.26% |
| 2015-12-31 | CA$16.38 Million | +1967.83% |
| 2014-12-31 | CA$792.37K | +131.65% |
| 2013-12-31 | CA$-2.50 Million | -131.99% |
| 2012-12-31 | CA$-1.08 Million | -68.54% |
| 2011-12-31 | CA$-640.35K | -123.14% |
| 2010-12-31 | CA$2.77 Million | -6.43% |
| 2009-12-31 | CA$2.96 Million | +53.52% |
| 2008-12-31 | CA$1.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parkit Enterprise 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 2258413700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$169.80 Million | 118.06% |
| Total Equity | CA$143.82 Million | 100.00% |
Parkit Enterprise Inc Competitors by Market Cap
The table below lists competitors of Parkit Enterprise Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Patria Bank SA
RO:PBK
|
$95.18 Million |
|
Blink Charging Co
NASDAQ:BLNK
|
$95.19 Million |
|
SPSoft Inc.
KQ:443670
|
$95.23 Million |
|
Korea Flange
KO:010100
|
$95.23 Million |
|
Cavatina Holding S.A.
WAR:CAV
|
$95.17 Million |
|
Rex International Holding Limited
F:RXI
|
$95.16 Million |
|
FLEURY MICHON INH.EO 305
F:4XZ
|
$95.14 Million |
|
C-Rad AB (publ)
ST:CRAD-B
|
$95.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parkit Enterprise Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,187,430 to 143,819,035, a change of -5,368,395 (-3.6%).
- Net loss of 2,806,467 reduced equity.
- Share repurchases of 2,766,054 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.81 Million | -1.95% |
| Share Repurchases | CA$2.77 Million | -1.92% |
| Other Changes | CA$204.13K | +0.14% |
| Total Change | CA$- | -3.60% |
Book Value vs Market Value Analysis
This analysis compares Parkit Enterprise 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: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.44x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CA$1.38 | CA$0.61 | x |
| 2009-12-31 | CA$1.38 | CA$0.61 | x |
| 2010-12-31 | CA$0.22 | CA$0.61 | x |
| 2011-12-31 | CA$-0.48 | CA$0.61 | x |
| 2012-12-31 | CA$-0.41 | CA$0.61 | x |
| 2013-12-31 | CA$-0.32 | CA$0.61 | x |
| 2014-12-31 | CA$0.03 | CA$0.61 | x |
| 2015-12-31 | CA$0.52 | CA$0.61 | x |
| 2016-12-31 | CA$0.51 | CA$0.61 | x |
| 2017-12-31 | CA$0.53 | CA$0.61 | x |
| 2018-12-31 | CA$0.64 | CA$0.61 | x |
| 2019-12-31 | CA$0.60 | CA$0.61 | x |
| 2020-12-31 | CA$0.97 | CA$0.61 | x |
| 2021-12-31 | CA$0.73 | CA$0.61 | x |
| 2022-12-31 | CA$0.67 | CA$0.61 | x |
| 2023-12-31 | CA$0.65 | CA$0.61 | x |
| 2024-12-31 | CA$0.64 | CA$0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parkit Enterprise Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.39%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.30x
- Recent ROE (-1.95%) is above the historical average (-79.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -143.80% | -1970.66% | 0.07x | 1.06x | CA$-2.96 Million |
| 2009 | -52.15% | -440.91% | 0.11x | 1.10x | CA$-1.84 Million |
| 2010 | -1040.77% | 0.00% | 0.00x | 32.84x | CA$-6.43 Million |
| 2011 | 0.00% | -254.55% | 0.16x | 0.00x | CA$-7.92 Million |
| 2012 | 0.00% | -54.83% | 0.36x | 0.00x | CA$-3.20 Million |
| 2013 | 0.00% | -40.66% | 0.42x | 0.00x | CA$-2.73 Million |
| 2014 | -199.17% | -19.09% | 0.41x | 25.61x | CA$-1.97 Million |
| 2015 | 91.60% | 269.59% | 0.33x | 1.04x | CA$13.37 Million |
| 2016 | 3.68% | 25.80% | 0.14x | 1.02x | CA$-1.06 Million |
| 2017 | 2.63% | 200.69% | 0.01x | 1.00x | CA$-1.28 Million |
| 2018 | 16.53% | 1367.04% | 0.01x | 1.10x | CA$1.36 Million |
| 2019 | -4.26% | -407.13% | 0.01x | 1.00x | CA$-2.94 Million |
| 2020 | -15.82% | -3665.32% | 0.00x | 1.79x | CA$-8.70 Million |
| 2021 | -2.52% | -69.02% | 0.03x | 1.12x | CA$-19.82 Million |
| 2022 | -2.20% | -31.43% | 0.05x | 1.52x | CA$-19.29 Million |
| 2023 | -3.41% | -21.89% | 0.07x | 2.18x | CA$-20.01 Million |
| 2024 | -1.95% | -9.39% | 0.09x | 2.30x | CA$-17.19 Million |
Industry Comparison
This section compares Parkit Enterprise Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $116,159,912
- Average return on equity (ROE) among peers: -1.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parkit Enterprise Inc (PKT) | CA$158.10 Million | -143.80% | 0.97x | $95.17 Million |
| Altus Group Limited (AIF) | $452.33K | -23.15% | 0.06x | $1.48 Billion |
| Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO (BEK-B) | $33.89 Million | 7.22% | 0.15x | $11.92 Million |
| Bridgemarq Real Estate Services Inc (BRE) | $86.31 Million | 8.94% | 0.50x | $95.02 Million |
| Comet Industries Ltd (CMU) | $978.10K | 3.30% | 1.23x | $21.58 Million |
| DLC Holdings Corp (DLC) | $541.50K | -35.49% | 0.74x | $1.37 Million |
| Gulf & Pacific Equities Corp (GUF) | $21.98 Million | 5.28% | 1.35x | $8.05 Million |
| Halmont Properties Corporation (HMT) | $40.98 Million | 5.46% | 0.17x | $60.72 Million |
| Imperial Equities Inc. (IEI) | $111.52 Million | 4.36% | 1.16x | $26.19 Million |
| Invesque Inc (IVQ) | $-2.14 Million | 0.00% | 0.00x | $10.49 |
| Mainstreet Equity Corp. (MEQ) | $867.09 Million | 7.91% | 1.58x | $1.23 Billion |
About Parkit Enterprise Inc
Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouv… Read more