Winshear Gold Corp (WINS) - Net Assets
Based on the latest financial reports, Winshear Gold Corp (WINS) has net assets worth CA$2.53 Million CAD (≈ $1.83 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$2.71 Million ≈ $1.96 Million USD) and total liabilities (CA$184.29K ≈ $133.32K 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 WINS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.53 Million |
| % of Total Assets | 93.2% |
| Annual Growth Rate | 0.07% |
| 5-Year Change | 615.3% |
| 10-Year Change | N/A |
| Growth Volatility | 2188.66 |
Winshear Gold Corp - Net Assets Trend (2017–2026)
This chart illustrates how Winshear Gold Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see WINS stock market capitalisation.
Annual Net Assets for Winshear Gold Corp (2017–2026)
The table below shows the annual net assets of Winshear Gold Corp from 2017 to 2026. Also explore how fast is Winshear Gold Corp growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | CA$2.53 Million ≈ $1.83 Million |
+101.45% |
| 2025-03-31 | CA$1.25 Million ≈ $907.14K |
-60.19% |
| 2024-03-31 | CA$3.15 Million ≈ $2.28 Million |
+6278.80% |
| 2023-03-31 | CA$49.38K ≈ $35.72K |
-86.02% |
| 2022-03-31 | CA$353.16K ≈ $255.47K |
-50.25% |
| 2021-03-31 | CA$709.82K ≈ $513.47K |
+1526.26% |
| 2020-03-31 | CA$43.65K ≈ $31.57K |
+120.20% |
| 2019-03-31 | CA$-216.04K ≈ $-156.28K |
-12.92% |
| 2018-03-31 | CA$-191.32K ≈ $-138.40K |
-107.62% |
| 2017-03-31 | CA$2.51 Million ≈ $1.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Winshear Gold 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 1276481100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$45.21 Million | 1789.64% |
| Total Equity | CA$2.53 Million | 100.00% |
Winshear Gold Corp Competitors by Market Cap
The table below lists competitors of Winshear Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sdcl Energy Efficiency Income Trust PLC
LSE:SEIT
|
$4.77 Million |
|
Binect AG
XETRA:MA10
|
$4.78 Million |
|
Jowell Global Ltd.
NASDAQ:JWEL
|
$4.78 Million |
|
Marshalls PLC
LSE:MSLH
|
$4.78 Million |
|
ZW Data Action Technologies Inc
NASDAQ:CNET
|
$4.77 Million |
|
Tyranna Resources Ltd
AU:TYX
|
$4.76 Million |
|
Priti International Limited
NSE:PRITI
|
$4.76 Million |
|
C&C Group plc
LSE:CCR
|
$4.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winshear Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,254,016 to 2,526,161, a change of 1,272,145 (101.4%).
- Net loss of 2,011,982 reduced equity.
- New share issuances of 3,258,000 increased equity.
- Other factors increased equity by 26,127.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.01 Million | -79.65% |
| Share Issuances | CA$3.26 Million | +128.97% |
| Other Changes | CA$26.13K | +1.03% |
| Total Change | CA$- | 101.45% |
Book Value vs Market Value Analysis
This analysis compares Winshear Gold 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: 2.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.40x to 2.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | CA$0.24 | CA$0.10 | x |
| 2018-03-31 | CA$-0.02 | CA$0.10 | x |
| 2019-03-31 | CA$-0.02 | CA$0.10 | x |
| 2020-03-31 | CA$0.00 | CA$0.10 | x |
| 2021-03-31 | CA$0.01 | CA$0.10 | x |
| 2022-03-31 | CA$0.01 | CA$0.10 | x |
| 2023-03-31 | CA$0.00 | CA$0.10 | x |
| 2024-03-31 | CA$0.10 | CA$0.10 | x |
| 2025-03-31 | CA$0.04 | CA$0.10 | x |
| 2026-03-31 | CA$0.04 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winshear Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -79.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-79.65%) is above the historical average (-510.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -7.25% | 0.00% | 0.00x | 1.18x | CA$-433.00K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.25 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-50.62K |
| 2020 | -3144.78% | 0.00% | 0.00x | 6.97x | CA$-1.38 Million |
| 2021 | -168.16% | 0.00% | 0.00x | 1.13x | CA$-1.26 Million |
| 2022 | -322.26% | 0.00% | 0.00x | 1.31x | CA$-1.17 Million |
| 2023 | -1971.89% | 0.00% | 0.00x | 4.78x | CA$-978.70K |
| 2024 | 758.18% | 0.00% | 0.00x | 1.08x | CA$23.57 Million |
| 2025 | -164.23% | 0.00% | 0.00x | 1.14x | CA$-2.18 Million |
| 2026 | -79.65% | 0.00% | 0.00x | 1.07x | CA$-2.26 Million |
Industry Comparison
This section compares Winshear Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,262,404,164
- Average return on equity (ROE) among peers: -29.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winshear Gold Corp (WINS) | CA$2.53 Million | -7.25% | 0.07x | $4.77 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.72 Billion |
| Abcourt Mines Inc. (ABI) | $20.11 Million | -1.76% | 0.05x | $64.74 Million |
| Barrick Gold Corp (ABX) | $5.43 Billion | 4.75% | 0.42x | $72.82 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $168.99 Million |
| Agnico Eagle Mines Limited (AEM) | $16.24 Billion | 4.13% | 0.45x | $103.35 Billion |
| Alamos Gold Inc (AGI) | $459.00 Million | 14.31% | 0.15x | $15.20 Billion |
| AIS Resources Ltd (AIS) | $2.11 Million | -4.60% | 0.02x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-3.11 Million | 0.00% | 0.00x | $1.90 Million |
| Altamira Gold Corp (ALTA) | $3.23 Million | -116.98% | 0.10x | $47.47 Million |
| Almaden Minerals Ltd (AMM) | $48.07 Million | -21.30% | 0.02x | $24.82 Million |
About Winshear Gold Corp
Winshear Metals Corp. engages in the identification, acquisition, exploration, and development of mineral properties. It explores cobalt, gold, nickel, iron oxide, and copper deposits. The company holds 100% interest in the Thunder Bay Gold Project located in northeast of Thunder Bay, Ontario; and the ICA project, which covers an area of 2,933 hectares located to the southeast of the town of Ica … Read more