Pelangio Exploration Inc (PX) - Net Assets
Based on the latest financial reports, Pelangio Exploration Inc (PX) has net assets worth CA$461.71K 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$1.01 Million) and total liabilities (CA$543.51K). 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$461.71K |
| % of Total Assets | 45.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | -127.28% |
| 10-Year Change | -496.64% |
| Growth Volatility | 1871.67 |
Pelangio Exploration Inc - Net Assets Trend (2007–2024)
This chart illustrates how Pelangio Exploration Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pelangio Exploration Inc (2007–2024)
The table below shows the annual net assets of Pelangio Exploration Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-478.40K | +24.35% |
| 2023-12-31 | CA$-632.41K | -266.14% |
| 2022-12-31 | CA$380.66K | -21.60% |
| 2021-12-31 | CA$485.55K | -72.31% |
| 2020-12-31 | CA$1.75 Million | +2262.05% |
| 2019-12-31 | CA$74.23K | -85.33% |
| 2018-12-31 | CA$505.95K | +6980.18% |
| 2017-12-31 | CA$7.15K | +102.14% |
| 2016-12-31 | CA$-334.64K | -377.45% |
| 2015-12-31 | CA$120.61K | +326.38% |
| 2014-12-31 | CA$-53.28K | -100.12% |
| 2013-12-31 | CA$43.52 Million | -1.72% |
| 2012-12-31 | CA$44.29 Million | -4.47% |
| 2011-12-31 | CA$46.36 Million | +36.44% |
| 2010-12-31 | CA$33.98 Million | -4.05% |
| 2009-12-31 | CA$35.41 Million | +53.31% |
| 2008-12-31 | CA$23.10 Million | -1.86% |
| 2007-12-31 | CA$23.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pelangio Exploration 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 2719.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$61.41 Million | % |
| Total Equity | CA$-478.40K | 100.00% |
Pelangio Exploration Inc Competitors by Market Cap
The table below lists competitors of Pelangio Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qinetiq Group PLC
LSE:QQ
|
$30.86 Million |
|
Italian-Thai Development Public Company Limited
F:NYVF
|
$30.86 Million |
|
ALVIR
PA:ALVIR
|
$30.87 Million |
|
Chun Zu Machinery Industry Co., Ltd.
TWO:4544
|
$30.87 Million |
|
Catcha Digital Bhd
KLSE:0173
|
$30.84 Million |
|
Loyal Metals Ltd
AU:LLM
|
$30.83 Million |
|
EPB Group Berhad
KLSE:0317
|
$30.82 Million |
|
D P Wires Limited
NSE:DPWIRES
|
$30.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelangio Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -632,410 to -478,400, a change of 154,010.
- Net loss of 755,514 reduced equity.
- New share issuances of 865,578 increased equity.
- Other comprehensive income decreased equity by 1,987,784.
- Other factors increased equity by 2,031,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-755.51K | -157.93% |
| Share Issuances | CA$865.58K | +180.93% |
| Other Comprehensive Income | CA$-1.99 Million | -415.51% |
| Other Changes | CA$2.03 Million | +424.69% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Pelangio Exploration 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$3.38 | CA$0.18 | x |
| 2008-12-31 | CA$3.04 | CA$0.18 | x |
| 2009-12-31 | CA$3.89 | CA$0.18 | x |
| 2010-12-31 | CA$2.78 | CA$0.18 | x |
| 2011-12-31 | CA$3.42 | CA$0.18 | x |
| 2012-12-31 | CA$2.76 | CA$0.18 | x |
| 2013-12-31 | CA$2.45 | CA$0.18 | x |
| 2014-12-31 | CA$0.00 | CA$0.18 | x |
| 2015-12-31 | CA$0.01 | CA$0.18 | x |
| 2016-12-31 | CA$-0.01 | CA$0.18 | x |
| 2017-12-31 | CA$0.00 | CA$0.18 | x |
| 2018-12-31 | CA$0.02 | CA$0.18 | x |
| 2019-12-31 | CA$0.00 | CA$0.18 | x |
| 2020-12-31 | CA$0.03 | CA$0.18 | x |
| 2021-12-31 | CA$0.01 | CA$0.18 | x |
| 2022-12-31 | CA$0.00 | CA$0.18 | x |
| 2023-12-31 | CA$-0.01 | CA$0.18 | x |
| 2024-12-31 | CA$0.00 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelangio Exploration 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): 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 (-742.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 21.81% | 72851.66% | 0.00x | 1.04x | CA$2.78 Million |
| 2008 | 0.31% | 524.27% | 0.00x | 1.04x | CA$-2.24 Million |
| 2009 | -0.92% | -5996.92% | 0.00x | 1.05x | CA$-3.87 Million |
| 2010 | -5.47% | -18839.92% | 0.00x | 1.05x | CA$-5.26 Million |
| 2011 | -7.96% | -12222.81% | 0.00x | 1.07x | CA$-8.32 Million |
| 2012 | -9.09% | 0.00% | 0.00x | 1.08x | CA$-8.46 Million |
| 2013 | -8.03% | 0.00% | 0.00x | 1.14x | CA$-7.85 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.57 Million |
| 2015 | -405.39% | 0.00% | 0.00x | 2.98x | CA$-501.01K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-774.23K |
| 2017 | -9783.08% | 0.00% | 0.00x | 86.57x | CA$-699.81K |
| 2018 | -273.35% | 0.00% | 0.00x | 2.34x | CA$-1.43 Million |
| 2019 | -1876.19% | 0.00% | 0.00x | 8.72x | CA$-1.40 Million |
| 2020 | -103.03% | 0.00% | 0.00x | 1.47x | CA$-1.98 Million |
| 2021 | -561.42% | 0.00% | 0.00x | 2.53x | CA$-2.77 Million |
| 2022 | -357.76% | 0.00% | 0.00x | 2.70x | CA$-1.40 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.32 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-707.67K |
Industry Comparison
This section compares Pelangio Exploration Inc'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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelangio Exploration Inc (PX) | CA$461.71K | 21.81% | 1.18x | $30.84 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Pelangio Exploration Inc
Pelangio Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada and Ghana. Pelangio Exploration Inc. was incorporated in 2008 and is based in Toronto, Canada.