ZincX Resources Corp (ZNX) - Net Assets
Based on the latest financial reports, ZincX Resources Corp (ZNX) has net assets worth CA$23.35 Million CAD (≈ $16.89 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$25.24 Million ≈ $18.26 Million USD) and total liabilities (CA$1.88 Million ≈ $1.36 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. Check ZincX Resources Corp (ZNX) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$23.35 Million |
| % of Total Assets | 92.54% |
| Annual Growth Rate | -15.45% |
| 5-Year Change | -68.26% |
| 10-Year Change | N/A |
| Growth Volatility | 23.31 |
ZincX Resources Corp - Net Assets Trend (2017–2024)
This chart illustrates how ZincX Resources Corp's net assets have evolved over time, based on quarterly financial data. Also explore ZincX Resources Corp (ZNX) total assets for the complete picture of this company's asset base.
Annual Net Assets for ZincX Resources Corp (2017–2024)
The table below shows the annual net assets of ZincX Resources Corp from 2017 to 2024. For live valuation and market cap data, see market value of ZincX Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$24.02 Million ≈ $17.37 Million |
-2.39% |
| 2023-06-30 | CA$24.60 Million ≈ $17.80 Million |
-67.43% |
| 2022-06-30 | CA$75.54 Million ≈ $54.64 Million |
-1.10% |
| 2021-06-30 | CA$76.38 Million ≈ $55.25 Million |
+0.95% |
| 2020-06-30 | CA$75.66 Million ≈ $54.73 Million |
-1.11% |
| 2019-06-30 | CA$76.51 Million ≈ $55.34 Million |
-0.44% |
| 2018-06-30 | CA$76.84 Million ≈ $55.59 Million |
-1.19% |
| 2017-06-30 | CA$77.76 Million ≈ $56.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ZincX Resources 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 decreased by 5908258400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$119.76 Million | 498.65% |
| Total Equity | CA$24.02 Million | 100.00% |
ZincX Resources Corp Competitors by Market Cap
The table below lists competitors of ZincX Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clean Air Metals Inc
V:AIR
|
$12.23 Million |
|
TalkPool AG
ST:TALK
|
$12.23 Million |
|
TR Property Investment Trust plc
LSE:TRY
|
$12.24 Million |
|
RS Public Company Limited
BK:RS
|
$12.24 Million |
|
5G Networks Ltd
AU:5GN
|
$12.23 Million |
|
Barunson Entertainment & Arts Corporation
KQ:035620
|
$12.23 Million |
|
Bridgeline Digital Inc
NASDAQ:BLIN
|
$12.22 Million |
|
Battery Age Minerals Ltd
AU:BM8
|
$12.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZincX Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,604,772 to 24,016,624, a change of -588,148 (-2.4%).
- Net loss of 888,739 reduced equity.
- Other factors increased equity by 300,591.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-888.74K | -3.7% |
| Other Changes | CA$300.59K | +1.25% |
| Total Change | CA$- | -2.39% |
Book Value vs Market Value Analysis
This analysis compares ZincX Resources 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: 0.70x
- 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 0.19x to 0.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.48 | CA$0.09 | x |
| 2018-06-30 | CA$0.46 | CA$0.09 | x |
| 2019-06-30 | CA$0.45 | CA$0.09 | x |
| 2020-06-30 | CA$0.44 | CA$0.09 | x |
| 2021-06-30 | CA$0.43 | CA$0.09 | x |
| 2022-06-30 | CA$0.42 | CA$0.09 | x |
| 2023-06-30 | CA$0.13 | CA$0.09 | x |
| 2024-06-30 | CA$0.13 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZincX Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-3.70%) is below the historical average (-2.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.61% | 0.00% | 0.00x | 1.03x | CA$-9.80 Million |
| 2018 | -2.37% | 0.00% | 0.00x | 1.03x | CA$-9.50 Million |
| 2019 | -2.16% | 0.00% | 0.00x | 1.03x | CA$-9.31 Million |
| 2020 | -1.59% | 0.00% | 0.00x | 1.04x | CA$-8.77 Million |
| 2021 | -0.96% | 0.00% | 0.00x | 1.05x | CA$-8.37 Million |
| 2022 | -1.12% | 0.00% | 0.00x | 1.04x | CA$-8.40 Million |
| 2023 | -2.29% | 0.00% | 0.00x | 1.06x | CA$-3.03 Million |
| 2024 | -3.70% | 0.00% | 0.00x | 1.06x | CA$-3.29 Million |
Industry Comparison
This section compares ZincX Resources Corp'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZincX Resources Corp (ZNX) | CA$23.35 Million | -2.61% | 0.08x | $12.23 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About ZincX Resources Corp
ZincX Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. It primarily explores for zinc, lead, and silver deposits. The company's flagship project is the 100% owned Akie property comprising 46 mineral claims covering an area of 116 square kilometers located in northeastern British Columbia. The company was formerly known … Read more