Zedcor Energy (ZDC) - Net Assets
Based on the latest financial reports, Zedcor Energy (ZDC) has net assets worth CA$61.57 Million CAD (≈ $44.54 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$134.38 Million ≈ $97.21 Million USD) and total liabilities (CA$72.81 Million ≈ $52.67 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. Explore Zedcor Energy cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$61.57 Million |
| % of Total Assets | 45.82% |
| Annual Growth Rate | 21.47% |
| 5-Year Change | 15370.6% |
| 10-Year Change | 46.18% |
| Growth Volatility | 434.62 |
Zedcor Energy - Net Assets Trend (2004–2025)
This chart illustrates how Zedcor Energy's net assets have evolved over time, based on quarterly financial data. Also explore Zedcor Energy (ZDC) total assets for the complete picture of this company's asset base.
Annual Net Assets for Zedcor Energy (2004–2025)
The table below shows the annual net assets of Zedcor Energy from 2004 to 2025. For live valuation and market cap data, see ZDC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$61.57 Million ≈ $44.54 Million |
+92.47% |
| 2024-12-31 | CA$31.99 Million ≈ $23.14 Million |
+164.06% |
| 2023-12-31 | CA$12.12 Million ≈ $8.76 Million |
+42.71% |
| 2022-12-31 | CA$8.49 Million ≈ $6.14 Million |
+2032.91% |
| 2021-12-31 | CA$398.00K ≈ $287.91K |
-90.09% |
| 2020-12-31 | CA$4.02 Million ≈ $2.91 Million |
-50.97% |
| 2019-12-31 | CA$8.20 Million ≈ $5.93 Million |
-49.32% |
| 2018-12-31 | CA$16.17 Million ≈ $11.70 Million |
-54.93% |
| 2017-12-31 | CA$35.88 Million ≈ $25.95 Million |
-14.83% |
| 2016-12-31 | CA$42.12 Million ≈ $30.47 Million |
-31.25% |
| 2015-12-31 | CA$61.27 Million ≈ $44.32 Million |
-36.61% |
| 2014-12-31 | CA$96.64 Million ≈ $69.91 Million |
+232.22% |
| 2013-12-31 | CA$29.09 Million ≈ $21.04 Million |
+61.22% |
| 2012-12-31 | CA$18.04 Million ≈ $13.05 Million |
+21.01% |
| 2011-12-31 | CA$14.91 Million ≈ $10.79 Million |
+16.33% |
| 2010-12-31 | CA$12.82 Million ≈ $9.27 Million |
+65.00% |
| 2009-12-31 | CA$7.77 Million ≈ $5.62 Million |
-13.24% |
| 2008-12-31 | CA$8.95 Million ≈ $6.48 Million |
-0.91% |
| 2007-12-31 | CA$9.04 Million ≈ $6.54 Million |
+15.80% |
| 2006-12-31 | CA$7.80 Million ≈ $5.64 Million |
+263.72% |
| 2005-12-31 | CA$2.15 Million ≈ $1.55 Million |
+107.02% |
| 2004-12-31 | CA$1.04 Million ≈ $749.65K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zedcor Energy'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 10084314500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$162.45 Million | 263.83% |
| Total Equity | CA$61.57 Million | 100.00% |
Zedcor Energy Competitors by Market Cap
The table below lists competitors of Zedcor Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Leadman Biochemistry Co Ltd
SHE:300289
|
$480.82 Million |
|
SKS Technologies Group Ltd
AU:SKS
|
$480.89 Million |
|
Shenyang Brilliant Elevator Group Co Ltd
SHE:002689
|
$480.91 Million |
|
Yantai Yatong Precision Mechanical Corp. A
SHG:603190
|
$480.93 Million |
|
Shenzhen Zqgame
SHE:300052
|
$480.51 Million |
|
KraussMaffei Co Ltd
SHG:600579
|
$480.32 Million |
|
Carter Bank and Trust
NASDAQ:CARE
|
$480.17 Million |
|
Flat Capital AB Series B
ST:FLAT-B
|
$480.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zedcor Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,991,000 to 61,573,000, a change of 29,582,000 (92.5%).
- Net income of 2,717,000 contributed positively to equity growth.
- New share issuances of 23,493,000 increased equity.
- Other comprehensive income decreased equity by 861,000.
- Other factors increased equity by 4,233,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.72 Million | +4.41% |
| Share Issuances | CA$23.49 Million | +38.15% |
| Other Comprehensive Income | CA$-861.00K | -1.4% |
| Other Changes | CA$4.23 Million | +6.87% |
| Total Change | CA$- | 92.47% |
Book Value vs Market Value Analysis
This analysis compares Zedcor Energy'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: 10.30x
- 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 4.59x to 10.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$1.31 | CA$5.99 | x |
| 2005-12-31 | CA$0.68 | CA$5.99 | x |
| 2006-12-31 | CA$2.08 | CA$5.99 | x |
| 2007-12-31 | CA$1.64 | CA$5.99 | x |
| 2008-12-31 | CA$1.50 | CA$5.99 | x |
| 2009-12-31 | CA$1.32 | CA$5.99 | x |
| 2010-12-31 | CA$2.07 | CA$5.99 | x |
| 2011-12-31 | CA$1.61 | CA$5.99 | x |
| 2012-12-31 | CA$1.78 | CA$5.99 | x |
| 2013-12-31 | CA$2.14 | CA$5.99 | x |
| 2014-12-31 | CA$4.10 | CA$5.99 | x |
| 2015-12-31 | CA$1.69 | CA$5.99 | x |
| 2016-12-31 | CA$1.04 | CA$5.99 | x |
| 2017-12-31 | CA$0.75 | CA$5.99 | x |
| 2018-12-31 | CA$0.31 | CA$5.99 | x |
| 2019-12-31 | CA$0.15 | CA$5.99 | x |
| 2020-12-31 | CA$0.07 | CA$5.99 | x |
| 2021-12-31 | CA$0.01 | CA$5.99 | x |
| 2022-12-31 | CA$0.12 | CA$5.99 | x |
| 2023-12-31 | CA$0.15 | CA$5.99 | x |
| 2024-12-31 | CA$0.35 | CA$5.99 | x |
| 2025-12-31 | CA$0.58 | CA$5.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zedcor Energy utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.61%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.18x
- Recent ROE (4.41%) is above the historical average (-53.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -2.88% | -264.79% | 0.01x | 1.06x | CA$-133.49K |
| 2005 | 27.43% | 12.63% | 0.70x | 3.09x | CA$373.87K |
| 2006 | 29.36% | 22.53% | 0.77x | 1.69x | CA$1.51 Million |
| 2007 | 34.72% | 20.00% | 0.83x | 2.10x | CA$2.23 Million |
| 2008 | 37.29% | 20.16% | 0.85x | 2.18x | CA$2.44 Million |
| 2009 | 5.42% | 3.20% | 0.61x | 2.78x | CA$-355.92K |
| 2010 | 5.24% | 4.50% | 0.57x | 2.03x | CA$-610.78K |
| 2011 | 10.04% | 5.63% | 0.70x | 2.54x | CA$6.21K |
| 2012 | 1.45% | 0.78% | 0.59x | 3.17x | CA$-1.54 Million |
| 2013 | 10.76% | 6.69% | 0.80x | 2.02x | CA$219.90K |
| 2014 | 5.25% | 8.75% | 0.40x | 1.49x | CA$-4.59 Million |
| 2015 | -49.05% | -64.67% | 0.47x | 1.63x | CA$-36.18 Million |
| 2016 | -58.48% | -232.40% | 0.14x | 1.84x | CA$-28.84 Million |
| 2017 | -23.93% | -58.66% | 0.24x | 1.68x | CA$-12.17 Million |
| 2018 | -124.68% | -115.52% | 0.40x | 2.73x | CA$-21.78 Million |
| 2019 | -98.05% | -47.37% | 0.40x | 5.15x | CA$-8.85 Million |
| 2020 | -116.43% | -33.99% | 0.42x | 8.09x | CA$-5.08 Million |
| 2021 | -980.15% | -28.79% | 0.68x | 49.74x | CA$-3.94 Million |
| 2022 | 70.66% | 27.14% | 0.68x | 3.84x | CA$5.15 Million |
| 2023 | 21.89% | 10.66% | 0.58x | 3.55x | CA$1.44 Million |
| 2024 | 5.09% | 4.94% | 0.49x | 2.11x | CA$-1.57 Million |
| 2025 | 4.41% | 4.61% | 0.44x | 2.18x | CA$-3.44 Million |
Industry Comparison
This section compares Zedcor Energy's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $19,002,771
- Average return on equity (ROE) among peers: -30.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zedcor Energy (ZDC) | CA$61.57 Million | -2.88% | 1.18x | $480.66 Million |
| Gatekeeper Systems Inc (GSI) | $262.66K | -89.03% | 0.20x | $99.65 Million |
| Pioneering Technology Corp (PTE) | $3.90 Million | -33.76% | 0.68x | $1.22 Million |
| SSC Security Services Corp (SECU) | $61.37 Million | 0.26% | 0.37x | $40.18 Million |
| Avante Logixx Inc (XX) | $10.48 Million | 0.24% | 0.50x | $25.45 Million |
About Zedcor Energy
Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. It engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed… Read more