ShaMaran Petroleum Corp (SNM) - Net Assets
Based on the latest financial reports, ShaMaran Petroleum Corp (SNM) has net assets worth CA$249.78 Million CAD (≈ $180.68 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$452.76 Million ≈ $327.52 Million USD) and total liabilities (CA$202.99 Million ≈ $146.84 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 SNM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$249.78 Million |
| % of Total Assets | 55.17% |
| Annual Growth Rate | 34.26% |
| 5-Year Change | 1247.38% |
| 10-Year Change | 82.23% |
| Growth Volatility | 1251.54 |
ShaMaran Petroleum Corp - Net Assets Trend (2003–2025)
This chart illustrates how ShaMaran Petroleum Corp's net assets have evolved over time, based on quarterly financial data. Also explore SNM total assets for the complete picture of this company's asset base.
Annual Net Assets for ShaMaran Petroleum Corp (2003–2025)
The table below shows the annual net assets of ShaMaran Petroleum Corp from 2003 to 2025. For live valuation and market cap data, see ShaMaran Petroleum Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$249.78 Million ≈ $180.68 Million |
+11.91% |
| 2024-12-31 | CA$223.20 Million ≈ $161.46 Million |
+60.08% |
| 2023-12-31 | CA$139.43 Million ≈ $100.86 Million |
-14.82% |
| 2022-12-31 | CA$163.69 Million ≈ $118.41 Million |
+783.02% |
| 2021-12-31 | CA$18.54 Million ≈ $13.41 Million |
+405.54% |
| 2020-12-31 | CA$3.67 Million ≈ $2.65 Million |
-97.42% |
| 2019-12-31 | CA$142.14 Million ≈ $102.82 Million |
-7.82% |
| 2018-12-31 | CA$154.20 Million ≈ $111.55 Million |
+1.48% |
| 2017-12-31 | CA$151.96 Million ≈ $109.92 Million |
+10.86% |
| 2016-12-31 | CA$137.07 Million ≈ $99.15 Million |
+5.74% |
| 2015-12-31 | CA$129.62 Million ≈ $93.77 Million |
-59.77% |
| 2014-12-31 | CA$322.20 Million ≈ $233.08 Million |
-2.06% |
| 2013-12-31 | CA$328.99 Million ≈ $237.99 Million |
-0.72% |
| 2012-12-31 | CA$331.38 Million ≈ $239.71 Million |
+164.55% |
| 2011-12-31 | CA$125.26 Million ≈ $90.61 Million |
-46.82% |
| 2010-12-31 | CA$235.52 Million ≈ $170.37 Million |
-3.70% |
| 2009-12-31 | CA$244.56 Million ≈ $176.91 Million |
+349.02% |
| 2008-12-31 | CA$54.47 Million ≈ $39.40 Million |
-64.09% |
| 2007-12-31 | CA$151.66 Million ≈ $109.71 Million |
+5992.75% |
| 2006-12-31 | CA$2.49 Million ≈ $1.80 Million |
-2.12% |
| 2005-12-31 | CA$2.54 Million ≈ $1.84 Million |
+858.60% |
| 2004-12-31 | CA$265.30K ≈ $191.92K |
-30.68% |
| 2003-12-31 | CA$382.72K ≈ $276.85K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ShaMaran Petroleum 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 39426251800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$684.80 Million | 274.16% |
| Total Equity | CA$249.78 Million | 100.00% |
ShaMaran Petroleum Corp Competitors by Market Cap
The table below lists competitors of ShaMaran Petroleum Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PowerFleet, Inc.
NASDAQ:AIOT
|
$437.32 Million |
|
Guangxi Bossco Environmental Protection Technology Co Ltd
SHE:300422
|
$437.49 Million |
|
INNOX Advanced Materials Co.Ltd
KQ:272290
|
$437.50 Million |
|
Lem Holding SA
SW:LEHN
|
$437.57 Million |
|
Hua Eng Wire & Cable Co Ltd
TW:1608
|
$437.03 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$437.02 Million |
|
Weave Communications Inc
NYSE:WEAV
|
$436.94 Million |
|
Ependion AB
ST:EPEN
|
$436.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ShaMaran Petroleum Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 223,201,000 to 249,777,000, a change of 26,576,000 (11.9%).
- Net income of 26,827,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$26.83 Million | +10.74% |
| Other Changes | CA$-251.00K | -0.1% |
| Total Change | CA$- | 11.91% |
Book Value vs Market Value Analysis
This analysis compares ShaMaran Petroleum 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: 2.42x
- 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 23.53x to 2.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CA$0.01 | CA$0.21 | x |
| 2004-12-31 | CA$0.01 | CA$0.21 | x |
| 2005-12-31 | CA$0.06 | CA$0.21 | x |
| 2006-12-31 | CA$0.03 | CA$0.21 | x |
| 2007-12-31 | CA$0.51 | CA$0.21 | x |
| 2008-12-31 | CA$0.16 | CA$0.21 | x |
| 2009-12-31 | CA$0.66 | CA$0.21 | x |
| 2010-12-31 | CA$0.41 | CA$0.21 | x |
| 2011-12-31 | CA$0.17 | CA$0.21 | x |
| 2012-12-31 | CA$0.38 | CA$0.21 | x |
| 2013-12-31 | CA$0.38 | CA$0.21 | x |
| 2014-12-31 | CA$0.37 | CA$0.21 | x |
| 2015-12-31 | CA$0.08 | CA$0.21 | x |
| 2016-12-31 | CA$0.07 | CA$0.21 | x |
| 2017-12-31 | CA$0.07 | CA$0.21 | x |
| 2018-12-31 | CA$0.07 | CA$0.21 | x |
| 2019-12-31 | CA$0.06 | CA$0.21 | x |
| 2020-12-31 | CA$0.00 | CA$0.21 | x |
| 2021-12-31 | CA$0.01 | CA$0.21 | x |
| 2022-12-31 | CA$0.06 | CA$0.21 | x |
| 2023-12-31 | CA$0.05 | CA$0.21 | x |
| 2024-12-31 | CA$0.08 | CA$0.21 | x |
| 2025-12-31 | CA$0.09 | CA$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ShaMaran Petroleum Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.32%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.81x
- Recent ROE (10.74%) is above the historical average (-192.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -28.28% | 0.00% | 0.00x | 1.43x | CA$-146.49K |
| 2004 | -54.95% | 0.00% | 0.00x | 1.08x | CA$-172.32K |
| 2005 | -4.08% | 0.00% | 0.00x | 1.04x | CA$-358.01K |
| 2006 | -35.93% | 0.00% | 0.00x | 1.03x | CA$-1.14 Million |
| 2007 | -38.55% | -1597.16% | 0.02x | 1.10x | CA$-73.64 Million |
| 2008 | -180.02% | -1458.43% | 0.11x | 1.17x | CA$-103.50 Million |
| 2009 | 1.19% | 0.00% | 0.00x | 1.02x | CA$-21.54 Million |
| 2010 | -0.44% | 0.00% | 0.00x | 1.09x | CA$-24.59 Million |
| 2011 | -168.40% | 0.00% | 0.00x | 1.21x | CA$-223.46 Million |
| 2012 | 61.97% | 0.00% | 0.00x | 1.04x | CA$172.23 Million |
| 2013 | -1.00% | 0.00% | 0.00x | 1.48x | CA$-36.19 Million |
| 2014 | -2.17% | 0.00% | 0.00x | 1.52x | CA$-39.22 Million |
| 2015 | -195.09% | 0.00% | 0.00x | 2.30x | CA$-265.85 Million |
| 2016 | -6.68% | 0.00% | 0.00x | 2.35x | CA$-22.86 Million |
| 2017 | -7.57% | -65.01% | 0.05x | 2.35x | CA$-26.69 Million |
| 2018 | 1.21% | 2.69% | 0.17x | 2.72x | CA$-13.55 Million |
| 2019 | -9.43% | -19.06% | 0.19x | 2.60x | CA$-27.61 Million |
| 2020 | -3938.51% | -254.84% | 0.23x | 66.37x | CA$-144.79 Million |
| 2021 | 72.19% | 13.08% | 0.28x | 19.88x | CA$11.53 Million |
| 2022 | 70.23% | 65.07% | 0.35x | 3.05x | CA$98.59 Million |
| 2023 | -19.15% | -32.22% | 0.18x | 3.23x | CA$-40.65 Million |
| 2024 | 36.83% | 75.16% | 0.22x | 2.22x | CA$59.90 Million |
| 2025 | 10.74% | 17.32% | 0.34x | 1.81x | CA$1.85 Million |
Industry Comparison
This section compares ShaMaran Petroleum Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ShaMaran Petroleum Corp (SNM) | CA$249.78 Million | -28.28% | 0.81x | $437.24 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.42 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About ShaMaran Petroleum Corp
ShaMaran Petroleum Corp., together with its subsidiaries, engages in oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.