Westbond Enterprises Corp (WBE) - Net Assets
Based on the latest financial reports, Westbond Enterprises Corp (WBE) has net assets worth CA$7.93 Million CAD (≈ $5.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$12.40 Million ≈ $8.97 Million USD) and total liabilities (CA$4.47 Million ≈ $3.23 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. Read WBE liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.93 Million |
| % of Total Assets | 63.98% |
| Annual Growth Rate | 11.24% |
| 5-Year Change | -4.1% |
| 10-Year Change | 62.65% |
| Growth Volatility | 17.16 |
Westbond Enterprises Corp - Net Assets Trend (1997–2025)
This chart illustrates how Westbond Enterprises Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Westbond Enterprises Corp for the complete picture of this company's asset base.
Annual Net Assets for Westbond Enterprises Corp (1997–2025)
The table below shows the annual net assets of Westbond Enterprises Corp from 1997 to 2025. For live valuation and market cap data, see Westbond Enterprises Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$7.66 Million ≈ $5.54 Million |
+0.53% |
| 2024-03-31 | CA$7.62 Million ≈ $5.51 Million |
-2.69% |
| 2023-03-31 | CA$7.83 Million ≈ $5.67 Million |
+0.52% |
| 2022-03-31 | CA$7.79 Million ≈ $5.64 Million |
-2.47% |
| 2021-03-31 | CA$7.99 Million ≈ $5.78 Million |
+35.61% |
| 2020-03-31 | CA$5.89 Million ≈ $4.26 Million |
+10.09% |
| 2019-03-31 | CA$5.35 Million ≈ $3.87 Million |
+3.52% |
| 2018-03-31 | CA$5.17 Million ≈ $3.74 Million |
+6.12% |
| 2017-03-31 | CA$4.87 Million ≈ $3.52 Million |
+3.42% |
| 2016-03-31 | CA$4.71 Million ≈ $3.41 Million |
+1.14% |
| 2015-03-31 | CA$4.66 Million ≈ $3.37 Million |
-6.10% |
| 2014-03-31 | CA$4.96 Million ≈ $3.59 Million |
+56.85% |
| 2013-03-31 | CA$3.16 Million ≈ $2.29 Million |
+3.97% |
| 2012-03-31 | CA$3.04 Million ≈ $2.20 Million |
+4.26% |
| 2011-03-31 | CA$2.92 Million ≈ $2.11 Million |
+1.00% |
| 2010-03-31 | CA$2.89 Million ≈ $2.09 Million |
+4.23% |
| 2009-03-31 | CA$2.77 Million ≈ $2.00 Million |
+7.00% |
| 2008-03-31 | CA$2.59 Million ≈ $1.87 Million |
+8.07% |
| 2007-03-31 | CA$2.40 Million ≈ $1.73 Million |
+4.91% |
| 2006-03-31 | CA$2.28 Million ≈ $1.65 Million |
+8.82% |
| 2005-03-31 | CA$2.10 Million ≈ $1.52 Million |
+20.07% |
| 2004-03-31 | CA$1.75 Million ≈ $1.26 Million |
+23.06% |
| 2003-03-31 | CA$1.42 Million ≈ $1.03 Million |
+16.13% |
| 2002-03-31 | CA$1.22 Million ≈ $884.89K |
+4.38% |
| 2001-03-31 | CA$1.17 Million ≈ $847.78K |
+58.33% |
| 2000-03-31 | CA$740.19K ≈ $535.44K |
+50.78% |
| 1999-03-31 | CA$490.90K ≈ $355.11K |
+17.19% |
| 1998-03-31 | CA$418.89K ≈ $303.02K |
+7.86% |
| 1997-03-31 | CA$388.36K ≈ $280.93K |
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Equity Component Analysis
This analysis shows how different components contribute to Westbond Enterprises 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 grown by 453273400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$2.97 Million | 38.75% |
| Other Components | CA$4.69 Million | 61.25% |
| Total Equity | CA$7.66 Million | 100.00% |
Westbond Enterprises Corp Competitors by Market Cap
The table below lists competitors of Westbond Enterprises Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Can Fite Biopharma Ltd ADR
NYSE MKT:CANF
|
$6.23 Million |
|
GB Group plc
LSE:GBG
|
$6.24 Million |
|
Callan JMB Inc. Common Stock
NASDAQ:CJMB
|
$6.25 Million |
|
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
|
$6.25 Million |
|
Wira Global Solusi Tbk PT
JK:WGSH
|
$6.23 Million |
|
N1 Holdings Ltd
AU:N1H
|
$6.23 Million |
|
Galliford Try PLC
LSE:GFRD
|
$6.23 Million |
|
HeartCore Enterprises Inc
NASDAQ:HTCR
|
$6.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westbond Enterprises Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,620,653 to 7,661,023, a change of 40,370 (0.5%).
- Net loss of 52,380 reduced equity.
- Other comprehensive income decreased equity by 65,800.
- Other factors increased equity by 158,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-52.38K | -0.68% |
| Other Comprehensive Income | CA$-65.80K | -0.86% |
| Other Changes | CA$158.55K | +2.07% |
| Total Change | CA$- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares Westbond Enterprises 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: 1.16x
- 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 6.06x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | CA$0.04 | CA$0.25 | x |
| 1998-03-31 | CA$0.04 | CA$0.25 | x |
| 1999-03-31 | CA$0.05 | CA$0.25 | x |
| 2000-03-31 | CA$0.08 | CA$0.25 | x |
| 2001-03-31 | CA$0.12 | CA$0.25 | x |
| 2002-03-31 | CA$0.13 | CA$0.25 | x |
| 2003-03-31 | CA$0.15 | CA$0.25 | x |
| 2004-03-31 | CA$0.18 | CA$0.25 | x |
| 2005-03-31 | CA$0.21 | CA$0.25 | x |
| 2006-03-31 | CA$0.23 | CA$0.25 | x |
| 2007-03-31 | CA$0.24 | CA$0.25 | x |
| 2008-03-31 | CA$0.24 | CA$0.25 | x |
| 2009-03-31 | CA$0.25 | CA$0.25 | x |
| 2010-03-31 | CA$0.26 | CA$0.25 | x |
| 2011-03-31 | CA$0.26 | CA$0.25 | x |
| 2012-03-31 | CA$0.27 | CA$0.25 | x |
| 2013-03-31 | CA$0.29 | CA$0.25 | x |
| 2014-03-31 | CA$0.23 | CA$0.25 | x |
| 2015-03-31 | CA$0.14 | CA$0.25 | x |
| 2016-03-31 | CA$0.14 | CA$0.25 | x |
| 2017-03-31 | CA$0.14 | CA$0.25 | x |
| 2018-03-31 | CA$0.15 | CA$0.25 | x |
| 2019-03-31 | CA$0.16 | CA$0.25 | x |
| 2020-03-31 | CA$0.16 | CA$0.25 | x |
| 2021-03-31 | CA$0.22 | CA$0.25 | x |
| 2022-03-31 | CA$0.22 | CA$0.25 | x |
| 2023-03-31 | CA$0.22 | CA$0.25 | x |
| 2024-03-31 | CA$0.21 | CA$0.25 | x |
| 2025-03-31 | CA$0.22 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westbond Enterprises Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.54%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.62x
- Recent ROE (-0.68%) is below the historical average (7.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.89% | 0.23% | 1.64x | 2.36x | CA$-35.38K |
| 1998 | 3.71% | 1.06% | 1.59x | 2.20x | CA$-26.35K |
| 1999 | 14.67% | 3.99% | 1.82x | 2.02x | CA$22.92K |
| 2000 | 33.68% | 9.04% | 2.05x | 1.82x | CA$175.27K |
| 2001 | 11.99% | 4.83% | 1.49x | 1.67x | CA$23.33K |
| 2002 | 4.19% | 1.93% | 1.39x | 1.56x | CA$-71.03K |
| 2003 | 13.89% | 5.39% | 1.43x | 1.81x | CA$55.26K |
| 2004 | 15.64% | 5.39% | 1.47x | 1.97x | CA$98.66K |
| 2005 | 10.30% | 3.83% | 1.40x | 1.92x | CA$6.39K |
| 2006 | 5.02% | 1.83% | 1.26x | 2.17x | CA$-113.72K |
| 2007 | 3.98% | 1.51% | 1.34x | 1.96x | CA$-144.35K |
| 2008 | 3.68% | 1.66% | 1.32x | 1.68x | CA$-163.60K |
| 2009 | 5.90% | 2.73% | 1.32x | 1.64x | CA$-113.49K |
| 2010 | 3.60% | 1.68% | 1.44x | 1.49x | CA$-184.77K |
| 2011 | 0.99% | 0.48% | 1.39x | 1.50x | CA$-262.71K |
| 2012 | 4.08% | 2.04% | 1.28x | 1.56x | CA$-180.00K |
| 2013 | 3.82% | 1.91% | 1.34x | 1.49x | CA$-195.54K |
| 2014 | 0.94% | 0.71% | 1.07x | 1.24x | CA$-449.33K |
| 2015 | -9.26% | -5.87% | 0.73x | 2.17x | CA$-896.94K |
| 2016 | 1.12% | 0.68% | 0.68x | 2.42x | CA$-418.13K |
| 2017 | 3.31% | 1.80% | 0.82x | 2.26x | CA$-326.04K |
| 2018 | 5.77% | 3.03% | 0.91x | 2.08x | CA$-218.84K |
| 2019 | 7.87% | 3.71% | 1.04x | 2.04x | CA$-113.85K |
| 2020 | 10.03% | 5.07% | 0.86x | 2.31x | CA$1.91K |
| 2021 | 33.08% | 18.91% | 0.90x | 1.95x | CA$1.84 Million |
| 2022 | 8.90% | 6.09% | 0.80x | 1.83x | CA$-85.90K |
| 2023 | 7.34% | 5.18% | 0.83x | 1.71x | CA$-208.58K |
| 2024 | -2.76% | -2.29% | 0.73x | 1.67x | CA$-972.75K |
| 2025 | -0.68% | -0.54% | 0.78x | 1.62x | CA$-818.48K |
Industry Comparison
This section compares Westbond Enterprises Corp's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $225,301,000
- Average return on equity (ROE) among peers: 40.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westbond Enterprises Corp (WBE) | CA$7.93 Million | 0.89% | 0.56x | $6.23 Million |
| Canfor Pulp Products Inc. (CFX) | $225.30 Million | 40.16% | 0.24x | $24.07 Million |
About Westbond Enterprises Corp
WestBond Enterprises Corporation, together with its subsidiary WestBond Industries Inc., engages in the manufacture and sale of disposable paper products for medical, hygienic, and industrial uses in Canada and the United States. It offers sheet count tissues, household bathroom tissues, bathroom tissue jumbo rolls, coreless tissues, center feed towels, and airlaid center feed towels; hospitality… Read more