Sun Summit Minerals Corp (SMN) - Net Assets
Based on the latest financial reports, Sun Summit Minerals Corp (SMN) has net assets worth CA$7.46 Million CAD (≈ $5.40 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$10.61 Million ≈ $7.67 Million USD) and total liabilities (CA$3.15 Million ≈ $2.28 Million 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 Sun Summit Minerals Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.46 Million |
| % of Total Assets | 70.31% |
| Annual Growth Rate | -13.42% |
| 5-Year Change | -27.39% |
| 10-Year Change | 371.62% |
| Growth Volatility | 120.04 |
Sun Summit Minerals Corp - Net Assets Trend (2001–2024)
This chart illustrates how Sun Summit Minerals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Sun Summit Minerals Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for Sun Summit Minerals Corp (2001–2024)
The table below shows the annual net assets of Sun Summit Minerals Corp from 2001 to 2024. For live valuation and market cap data, see Sun Summit Minerals Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$2.32 Million ≈ $1.68 Million |
+16.32% |
| 2023-11-30 | CA$2.00 Million ≈ $1.45 Million |
-32.18% |
| 2022-11-30 | CA$2.95 Million ≈ $2.13 Million |
+11.75% |
| 2021-11-30 | CA$2.64 Million ≈ $1.91 Million |
-17.64% |
| 2020-11-30 | CA$3.20 Million ≈ $2.32 Million |
+409.45% |
| 2019-11-30 | CA$628.32K ≈ $454.52K |
-34.56% |
| 2018-11-30 | CA$960.22K ≈ $694.61K |
-43.46% |
| 2017-11-30 | CA$1.70 Million ≈ $1.23 Million |
+202.45% |
| 2016-11-30 | CA$561.49K ≈ $406.17K |
+13.93% |
| 2015-11-30 | CA$492.82K ≈ $356.50K |
-23.31% |
| 2014-11-30 | CA$642.64K ≈ $464.88K |
-83.56% |
| 2013-11-30 | CA$3.91 Million ≈ $2.83 Million |
-23.39% |
| 2012-11-30 | CA$5.10 Million ≈ $3.69 Million |
+32.53% |
| 2011-11-30 | CA$3.85 Million ≈ $2.79 Million |
+15.34% |
| 2010-11-30 | CA$3.34 Million ≈ $2.41 Million |
+67.87% |
| 2009-11-30 | CA$1.99 Million ≈ $1.44 Million |
+196.36% |
| 2008-11-30 | CA$670.98K ≈ $485.38K |
+298.10% |
| 2007-11-30 | CA$168.54K ≈ $121.92K |
-28.35% |
| 2006-11-30 | CA$235.25K ≈ $170.17K |
-99.67% |
| 2005-11-30 | CA$71.60 Million ≈ $51.79 Million |
+3.16% |
| 2004-11-30 | CA$69.41 Million ≈ $50.21 Million |
+2.95% |
| 2003-11-30 | CA$67.42 Million ≈ $48.77 Million |
+2.40% |
| 2002-11-30 | CA$65.84 Million ≈ $47.63 Million |
+3.00% |
| 2001-11-30 | CA$63.92 Million ≈ $46.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sun Summit Minerals 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 3963949500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$41.96 Million | 1805.48% |
| Total Equity | CA$2.32 Million | 100.00% |
Sun Summit Minerals Corp Competitors by Market Cap
The table below lists competitors of Sun Summit Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Painchek Ltd
AU:PCK
|
$21.44 Million |
|
Boat Rocker Media Inc
TO:BRMI
|
$21.45 Million |
|
NBT Inc.
KQ:236810
|
$21.48 Million |
|
Big Yellow Group PLC
LSE:BYG
|
$21.48 Million |
|
NYESA VALOS CO.EO 001
F:7NY0
|
$21.43 Million |
|
Kota Satu Properti Tbk PT
JK:SATU
|
$21.43 Million |
|
Attica Publications S.A
AT:ATEK
|
$21.42 Million |
|
Asuransi Ramayana Tbk
JK:ASRM
|
$21.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Summit Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,998,119 to 2,324,242, a change of 326,123 (16.3%).
- Net loss of 4,427,088 reduced equity.
- New share issuances of 3,678,157 increased equity.
- Other comprehensive income decreased equity by 5,083,780.
- Other factors increased equity by 6,158,834.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.43 Million | -190.47% |
| Share Issuances | CA$3.68 Million | +158.25% |
| Other Comprehensive Income | CA$-5.08 Million | -218.73% |
| Other Changes | CA$6.16 Million | +264.98% |
| Total Change | CA$- | 16.32% |
Book Value vs Market Value Analysis
This analysis compares Sun Summit Minerals 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: 4.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.00x to 4.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-11-30 | CA$124.48 | CA$0.14 | x |
| 2002-11-30 | CA$128.11 | CA$0.14 | x |
| 2003-11-30 | CA$130.53 | CA$0.14 | x |
| 2004-11-30 | CA$134.33 | CA$0.14 | x |
| 2005-11-30 | CA$137.47 | CA$0.14 | x |
| 2006-11-30 | CA$0.75 | CA$0.14 | x |
| 2007-11-30 | CA$0.52 | CA$0.14 | x |
| 2008-11-30 | CA$1.32 | CA$0.14 | x |
| 2009-11-30 | CA$3.13 | CA$0.14 | x |
| 2010-11-30 | CA$3.24 | CA$0.14 | x |
| 2011-11-30 | CA$2.53 | CA$0.14 | x |
| 2012-11-30 | CA$2.05 | CA$0.14 | x |
| 2013-11-30 | CA$1.11 | CA$0.14 | x |
| 2014-11-30 | CA$0.17 | CA$0.14 | x |
| 2015-11-30 | CA$0.06 | CA$0.14 | x |
| 2016-11-30 | CA$0.05 | CA$0.14 | x |
| 2017-11-30 | CA$0.09 | CA$0.14 | x |
| 2018-11-30 | CA$0.04 | CA$0.14 | x |
| 2019-11-30 | CA$0.08 | CA$0.14 | x |
| 2020-11-30 | CA$0.25 | CA$0.14 | x |
| 2021-11-30 | CA$0.14 | CA$0.14 | x |
| 2022-11-30 | CA$0.12 | CA$0.14 | x |
| 2023-11-30 | CA$0.06 | CA$0.14 | x |
| 2024-11-30 | CA$0.03 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Summit Minerals 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): -190.47%
- 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: 1.08x
- Recent ROE (-190.47%) is below the historical average (-99.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 10.30% | 5.48% | 1.37x | 1.37x | CA$190.80K |
| 2002 | 17.35% | 8.73% | 1.49x | 1.34x | CA$4.84 Million |
| 2003 | 13.89% | 7.26% | 1.46x | 1.31x | CA$2.62 Million |
| 2004 | 14.75% | 7.95% | 1.43x | 1.30x | CA$3.30 Million |
| 2005 | 14.00% | 7.31% | 1.47x | 1.30x | CA$2.86 Million |
| 2006 | -0.04% | 0.00% | 0.00x | 1.04x | CA$-23.61K |
| 2007 | -53.28% | 0.00% | 0.00x | 1.20x | CA$-106.66K |
| 2008 | -21.84% | 0.00% | 0.00x | 1.02x | CA$-213.62K |
| 2009 | -21.68% | 0.00% | 0.00x | 1.03x | CA$-630.01K |
| 2010 | -34.93% | 0.00% | 0.00x | 1.11x | CA$-1.50 Million |
| 2011 | -26.97% | 0.00% | 0.00x | 1.10x | CA$-1.42 Million |
| 2012 | -32.82% | 0.00% | 0.00x | 1.02x | CA$-2.18 Million |
| 2013 | -42.40% | 0.00% | 0.00x | 1.03x | CA$-2.05 Million |
| 2014 | -578.85% | 0.00% | 0.00x | 1.25x | CA$-3.78 Million |
| 2015 | -177.39% | 0.00% | 0.00x | 1.09x | CA$-923.52K |
| 2016 | -171.07% | 0.00% | 0.00x | 1.15x | CA$-1.02 Million |
| 2017 | -83.34% | 0.00% | 0.00x | 1.02x | CA$-1.59 Million |
| 2018 | -163.77% | 0.00% | 0.00x | 1.44x | CA$-1.67 Million |
| 2019 | -133.20% | 0.00% | 0.00x | 1.04x | CA$-899.73K |
| 2020 | -101.56% | 0.00% | 0.00x | 1.07x | CA$-3.57 Million |
| 2021 | -284.58% | 0.00% | 0.00x | 1.24x | CA$-7.77 Million |
| 2022 | -162.92% | 0.00% | 0.00x | 1.19x | CA$-5.09 Million |
| 2023 | -185.93% | 0.00% | 0.00x | 1.12x | CA$-3.91 Million |
| 2024 | -190.47% | 0.00% | 0.00x | 1.08x | CA$-4.66 Million |
Industry Comparison
This section compares Sun Summit Minerals Corp'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Summit Minerals Corp (SMN) | CA$7.46 Million | 10.30% | 0.42x | $21.44 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Sun Summit Minerals Corp
Sun Summit Minerals Corp. acquires and explores precious metal properties in Canada. It primarily explores for gold, silver, zinc, and copper deposits. The company has an option to acquire a 100% interest in the Buck property covering an area of totalling approximately 52,000 hectares located in north-central British Columbia; and holds 100% interest in the JD project covering an area of totallin… Read more