Spackman Equit
Spackman Equities Group Inc. develops, produces, and invests in entertainment content projects in South Korea and Hong Kong. The company manages events, advertisements, TV dramas, movies, and other entertainment content projects. It is also involved in the provision of talent management agency services. The company is based in Toronto, Canada. Spackman Equities Group Inc. is a subsidiary of Spack… Read more
Spackman Equit (SQG) - Net Assets
Latest net assets as of September 2025: CA$9.99 Million CAD
Based on the latest financial reports, Spackman Equit (SQG) has net assets worth CA$9.99 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$15.51 Million) and total liabilities (CA$5.52 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$9.99 Million |
| % of Total Assets | 64.42% |
| Annual Growth Rate | -4.24% |
| 5-Year Change | 3117.38% |
| 10-Year Change | -64.72% |
| Growth Volatility | 94.62 |
Spackman Equit - Net Assets Trend (2013–2024)
This chart illustrates how Spackman Equit's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spackman Equit (2013–2024)
The table below shows the annual net assets of Spackman Equit from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.73 Million | +67.72% |
| 2023-12-31 | CA$4.61 Million | +741.41% |
| 2022-12-31 | CA$-718.22K | -187.06% |
| 2021-12-31 | CA$-250.20K | -204.18% |
| 2020-12-31 | CA$240.16K | -88.48% |
| 2019-12-31 | CA$2.08 Million | -41.53% |
| 2018-12-31 | CA$3.56 Million | -75.32% |
| 2017-12-31 | CA$14.44 Million | -45.23% |
| 2016-12-31 | CA$26.37 Million | +20.42% |
| 2015-12-31 | CA$21.90 Million | -29.58% |
| 2014-12-31 | CA$31.10 Million | +149.91% |
| 2013-12-31 | CA$12.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spackman Equit'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 128.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.85 Million | 101.66% |
| Total Equity | CA$7.73 Million | 100.00% |
Spackman Equit Competitors by Market Cap
The table below lists competitors of Spackman Equit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tadiran Hldg
TA:TDRN
|
$4.53 Million |
|
eEducation Albert AB
ST:ALBERT
|
$4.54 Million |
|
Urteste SA
WAR:URT
|
$4.54 Million |
|
NSN Co. Ltd
KQ:031860
|
$4.54 Million |
|
Golden Heaven Group Holdings Ltd. Ordinary Shares
NASDAQ:GDHG
|
$4.53 Million |
|
Pentanet Ltd
AU:5GG
|
$4.53 Million |
|
Compugates Holdings Bhd
KLSE:5037
|
$4.53 Million |
|
Socket Mobile Inc
NASDAQ:SCKT
|
$4.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spackman Equit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,606,777 to 7,726,690, a change of 3,119,913 (67.7%).
- Net loss of 2,772,571 reduced equity.
- New share issuances of 6,305,922 increased equity.
- Other factors decreased equity by 413,438.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.77 Million | -35.88% |
| Share Issuances | CA$6.31 Million | +81.61% |
| Other Changes | CA$-413.44K | -5.35% |
| Total Change | CA$- | 67.72% |
Book Value vs Market Value Analysis
This analysis compares Spackman Equit'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: 3.92x
- 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 1.24x to 3.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.10 | CA$0.12 | x |
| 2018-12-31 | CA$0.02 | CA$0.12 | x |
| 2019-12-31 | CA$0.01 | CA$0.12 | x |
| 2020-12-31 | CA$0.00 | CA$0.12 | x |
| 2021-12-31 | CA$-0.08 | CA$0.12 | x |
| 2022-12-31 | CA$-0.05 | CA$0.12 | x |
| 2023-12-31 | CA$1.55 | CA$0.12 | x |
| 2024-12-31 | CA$0.03 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spackman Equit 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): -35.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.09%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.40x
- Recent ROE (-35.88%) is above the historical average (-100.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.57% | 60.37% | 0.17x | 1.00x | CA$70.67K |
| 2014 | 56.26% | 75.66% | 0.69x | 1.08x | CA$14.38 Million |
| 2015 | -42.01% | 0.00% | -0.40x | 1.04x | CA$-11.39 Million |
| 2016 | 16.96% | 79.22% | 0.20x | 1.05x | CA$1.83 Million |
| 2017 | -82.59% | 0.00% | -0.89x | 1.04x | CA$-13.37 Million |
| 2018 | -305.21% | 0.00% | -2.38x | 1.18x | CA$-11.23 Million |
| 2019 | -71.03% | 0.00% | -0.44x | 1.32x | CA$-1.69 Million |
| 2020 | -767.75% | 0.00% | -1.45x | 4.66x | CA$-1.87 Million |
| 2021 | 0.00% | -138.50% | 0.67x | 0.00x | CA$-534.14K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-247.56K |
| 2023 | 14.85% | 4.84% | 1.38x | 2.23x | CA$223.46K |
| 2024 | -35.88% | -49.09% | 0.52x | 1.40x | CA$-3.55 Million |
Industry Comparison
This section compares Spackman Equit's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spackman Equit (SQG) | CA$9.99 Million | 10.57% | 0.55x | $4.53 Million |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |