TVI Pacific Inc (TVI) - Net Assets
Based on the latest financial reports, TVI Pacific Inc (TVI) has net assets worth CA$46.02 Million CAD (≈ $33.29 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$52.10 Million ≈ $37.69 Million USD) and total liabilities (CA$6.08 Million ≈ $4.40 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. Also explore TVI Pacific Inc asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$46.02 Million |
| % of Total Assets | 88.33% |
| Annual Growth Rate | 9.29% |
| 5-Year Change | 71.79% |
| 10-Year Change | 228.99% |
| Growth Volatility | 186.71 |
TVI Pacific Inc - Net Assets Trend (1993–2025)
This chart illustrates how TVI Pacific Inc's net assets have evolved over time, based on quarterly financial data. Check TVI Pacific Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for TVI Pacific Inc (1993–2025)
The table below shows the annual net assets of TVI Pacific Inc from 1993 to 2025. For live valuation and market cap data, see TVI Pacific Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$46.39 Million ≈ $33.56 Million |
+98.46% |
| 2024-12-31 | CA$23.38 Million ≈ $16.91 Million |
+23.79% |
| 2023-12-31 | CA$18.88 Million ≈ $13.66 Million |
-28.42% |
| 2022-12-31 | CA$26.38 Million ≈ $19.08 Million |
-2.31% |
| 2021-12-31 | CA$27.01 Million ≈ $19.54 Million |
+66.26% |
| 2020-12-31 | CA$16.24 Million ≈ $11.75 Million |
+13.29% |
| 2019-12-31 | CA$14.34 Million ≈ $10.37 Million |
-19.70% |
| 2018-12-31 | CA$17.86 Million ≈ $12.92 Million |
+44.69% |
| 2017-12-31 | CA$12.34 Million ≈ $8.93 Million |
-12.49% |
| 2016-12-31 | CA$14.10 Million ≈ $10.20 Million |
-21.74% |
| 2015-12-31 | CA$18.02 Million ≈ $13.03 Million |
-13.13% |
| 2014-12-31 | CA$20.74 Million ≈ $15.00 Million |
-18.61% |
| 2013-12-31 | CA$25.49 Million ≈ $18.44 Million |
-43.30% |
| 2012-12-31 | CA$44.94 Million ≈ $32.51 Million |
+9.51% |
| 2011-12-31 | CA$41.04 Million ≈ $29.69 Million |
+38.67% |
| 2010-12-31 | CA$29.60 Million ≈ $21.41 Million |
+90.49% |
| 2009-12-31 | CA$15.54 Million ≈ $11.24 Million |
+342.88% |
| 2008-12-31 | CA$-6.40 Million ≈ $-4.63 Million |
-292.05% |
| 2007-12-31 | CA$3.33 Million ≈ $2.41 Million |
-77.61% |
| 2006-12-31 | CA$14.88 Million ≈ $10.76 Million |
+42.50% |
| 2005-12-31 | CA$10.44 Million ≈ $7.55 Million |
-2.04% |
| 2004-12-31 | CA$10.66 Million ≈ $7.71 Million |
+7.61% |
| 2003-12-31 | CA$9.91 Million ≈ $7.17 Million |
+107.25% |
| 2002-12-31 | CA$4.78 Million ≈ $3.46 Million |
+885.00% |
| 2001-12-31 | CA$485.21K ≈ $350.99K |
-95.46% |
| 2000-12-31 | CA$10.68 Million ≈ $7.73 Million |
-59.54% |
| 1999-12-31 | CA$26.40 Million ≈ $19.10 Million |
-22.58% |
| 1998-12-31 | CA$34.10 Million ≈ $24.67 Million |
-4.75% |
| 1997-12-31 | CA$35.80 Million ≈ $25.90 Million |
-48.27% |
| 1996-12-31 | CA$69.20 Million ≈ $50.06 Million |
+73.00% |
| 1995-12-31 | CA$40.00 Million ≈ $28.94 Million |
+196.30% |
| 1994-12-31 | CA$13.50 Million ≈ $9.77 Million |
+400.00% |
| 1993-12-31 | CA$2.70 Million ≈ $1.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TVI Pacific 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 grown by 1172768700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$10.63 Million | 22.91% |
| Other Components | CA$35.77 Million | 77.09% |
| Total Equity | CA$46.39 Million | 100.00% |
TVI Pacific Inc Competitors by Market Cap
The table below lists competitors of TVI Pacific Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Union Mosaic Industry Public Company Limited
BK:UMI
|
$23.73 Million |
|
Hansung Ent
KO:003680
|
$23.73 Million |
|
Excel Force MSC Bhd
KLSE:0065
|
$23.73 Million |
|
Hove AS
CO:HOVE
|
$23.73 Million |
|
Altech Chemicals Ltd
F:A3Y
|
$23.71 Million |
|
Odessa Minerals Ltd
AU:ODE
|
$23.71 Million |
|
ScandBook Holding AB
ST:SBOK
|
$23.69 Million |
|
Terranet AB
ST:TERRNT-B
|
$23.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVI Pacific Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,376,377 to 46,393,714, a change of 23,017,337 (98.5%).
- Net income of 24,514,784 contributed positively to equity growth.
- Other factors decreased equity by 1,497,447.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$24.51 Million | +52.84% |
| Other Changes | CA$-1.50 Million | -3.23% |
| Total Change | CA$- | 98.46% |
Book Value vs Market Value Analysis
This analysis compares TVI Pacific 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: 0.71x
- 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 0.33x to 0.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$0.14 | CA$0.05 | x |
| 1994-12-31 | CA$0.45 | CA$0.05 | x |
| 1995-12-31 | CA$0.67 | CA$0.05 | x |
| 1996-12-31 | CA$0.77 | CA$0.05 | x |
| 1997-12-31 | CA$0.39 | CA$0.05 | x |
| 1998-12-31 | CA$0.36 | CA$0.05 | x |
| 1999-12-31 | CA$0.27 | CA$0.05 | x |
| 2000-12-31 | CA$0.10 | CA$0.05 | x |
| 2001-12-31 | CA$0.00 | CA$0.05 | x |
| 2002-12-31 | CA$0.02 | CA$0.05 | x |
| 2003-12-31 | CA$0.04 | CA$0.05 | x |
| 2004-12-31 | CA$0.02 | CA$0.05 | x |
| 2005-12-31 | CA$0.03 | CA$0.05 | x |
| 2006-12-31 | CA$0.04 | CA$0.05 | x |
| 2007-12-31 | CA$0.01 | CA$0.05 | x |
| 2008-12-31 | CA$-0.02 | CA$0.05 | x |
| 2009-12-31 | CA$0.03 | CA$0.05 | x |
| 2010-12-31 | CA$0.06 | CA$0.05 | x |
| 2011-12-31 | CA$0.06 | CA$0.05 | x |
| 2012-12-31 | CA$0.07 | CA$0.05 | x |
| 2013-12-31 | CA$0.04 | CA$0.05 | x |
| 2014-12-31 | CA$0.03 | CA$0.05 | x |
| 2015-12-31 | CA$0.03 | CA$0.05 | x |
| 2016-12-31 | CA$0.02 | CA$0.05 | x |
| 2017-12-31 | CA$0.02 | CA$0.05 | x |
| 2018-12-31 | CA$0.03 | CA$0.05 | x |
| 2019-12-31 | CA$0.02 | CA$0.05 | x |
| 2020-12-31 | CA$0.02 | CA$0.05 | x |
| 2021-12-31 | CA$0.04 | CA$0.05 | x |
| 2022-12-31 | CA$0.04 | CA$0.05 | x |
| 2023-12-31 | CA$0.03 | CA$0.05 | x |
| 2024-12-31 | CA$0.03 | CA$0.05 | x |
| 2025-12-31 | CA$0.06 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVI Pacific Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 52.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (52.84%) is above the historical average (-329.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -7.41% | -200.00% | 0.02x | 1.67x | CA$-470.00K |
| 1994 | -4.48% | -600.00% | 0.01x | 1.13x | CA$-1.94 Million |
| 1995 | -3.01% | -1200.00% | 0.00x | 1.20x | CA$-5.19 Million |
| 1996 | -2.61% | -1800.00% | 0.00x | 1.06x | CA$-8.69 Million |
| 1997 | -97.18% | -34500.00% | 0.00x | 1.13x | CA$-38.05 Million |
| 1998 | -8.28% | -75.68% | 0.09x | 1.15x | CA$-6.18 Million |
| 1999 | -29.50% | -452.94% | 0.05x | 1.24x | CA$-10.31 Million |
| 2000 | -153.74% | -2054.39% | 0.05x | 1.66x | CA$-16.86 Million |
| 2001 | -10277.45% | -2066.79% | 0.05x | 91.78x | CA$-10.26 Million |
| 2002 | 10.25% | 57.75% | 0.09x | 2.08x | CA$11.13K |
| 2003 | -12.74% | -34.27% | 0.30x | 1.25x | CA$-2.25 Million |
| 2004 | -40.52% | -132.03% | 0.21x | 1.49x | CA$-5.38 Million |
| 2005 | -29.67% | -17.53% | 0.94x | 1.79x | CA$-4.14 Million |
| 2006 | 12.19% | 4.08% | 1.88x | 1.59x | CA$325.52K |
| 2007 | -331.42% | -32.14% | 1.47x | 7.02x | CA$-11.37 Million |
| 2008 | 0.00% | -212.87% | 0.15x | 0.00x | CA$-12.07 Million |
| 2009 | 117.93% | 27.30% | 1.34x | 3.23x | CA$16.77 Million |
| 2010 | 36.35% | 13.63% | 1.48x | 1.81x | CA$7.58 Million |
| 2011 | 7.35% | 3.50% | 1.21x | 1.74x | CA$-1.05 Million |
| 2012 | 12.17% | 6.90% | 1.16x | 1.52x | CA$952.90K |
| 2013 | -56.34% | -29.81% | 1.72x | 1.10x | CA$-16.91 Million |
| 2014 | -29.07% | 0.00% | 0.00x | 1.05x | CA$-8.10 Million |
| 2015 | -28.44% | 0.00% | 0.00x | 1.08x | CA$-6.93 Million |
| 2016 | -20.18% | 0.00% | 0.00x | 1.12x | CA$-4.26 Million |
| 2017 | -5.19% | 0.00% | 0.00x | 1.10x | CA$-1.87 Million |
| 2018 | 28.36% | 0.00% | 0.00x | 1.10x | CA$3.28 Million |
| 2019 | -24.89% | 0.00% | 0.00x | 1.13x | CA$-5.00 Million |
| 2020 | 7.96% | 0.00% | 0.00x | 1.16x | CA$-331.27K |
| 2021 | 48.27% | 0.00% | 0.00x | 1.09x | CA$10.33 Million |
| 2022 | -0.74% | 0.00% | 0.00x | 1.11x | CA$-2.83 Million |
| 2023 | -45.46% | 0.00% | 0.00x | 1.21x | CA$-10.47 Million |
| 2024 | 13.53% | 0.00% | 0.00x | 1.25x | CA$826.05K |
| 2025 | 52.84% | 0.00% | 0.00x | 1.13x | CA$19.88 Million |
Industry Comparison
This section compares TVI Pacific 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: $53,566,114
- Average return on equity (ROE) among peers: -23.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TVI Pacific Inc (TVI) | CA$46.02 Million | -7.41% | 0.13x | $23.72 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $163.11 Million |
| Aton Resources Inc (AAN) | $-1.00 Million | 0.00% | 0.00x | $50.71 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $9.56 Million |
| Asiabasemetals Inc (ABZ) | $-80.45K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $-1.43 Million | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.36 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $136.41 Million |
| Amarc Resources Ltd. (AHR) | $3.39 Million | -150.56% | 0.01x | $153.22 Million |
| Almonty Industries Inc (AII) | $29.17 Million | -31.05% | 4.18x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $100.24 Million | -2.37% | 0.01x | $374.28 Million |
About TVI Pacific Inc
TVI Pacific Inc., a resource company, engages in the evaluation, acquisition, and development of resource projects in the Asia-Pacific region. It explores for gold, silver, copper, zinc, nickel, Iron ore, and limestone deposits in the Philippines. The company was formerly known as TVI Copper Inc. and changed its name to TVI Pacific Inc. in July 1994. TVI Pacific Inc. was incorporated in 1987 and … Read more