Adonis Minerals (XCNQ:ADON) ROE %: -114.55% (As of Mar. 2026)

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What is Adonis Minerals ROE %?

Adonis Minerals XCNQ:ADON ROE % is -114.55% as of Mar. 2026. Among 2,399 Metals & Mining companies, Adonis Minerals ranks worse than 59.65% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Adonis Minerals's annualized net income for the quarter that ended in Mar. 2026 was C$-0.25 Mil. Adonis Minerals's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$0.22 Mil. Therefore, Adonis Minerals's annualized ROE % for the quarter that ended in Mar. 2026 was -114.55%.

The historical rank and industry rank for Adonis Minerals's ROE % or its related term are showing as below:

XCNQ:ADON' s ROE % Range Over the Past 10 Years
Min: -82.25   Med: -81.09   Max: -26.3
Current: -26.3

During the past 2 years, Adonis Minerals's highest ROE % was -26.30%. The lowest was -82.25%. And the median was -81.09%.

XCNQ:ADON's ROE % is ranked worse than
59.65% of 2399 companies
in the Metals & Mining industry
Industry Median: -16.07 vs XCNQ:ADON: -26.30

Adonis Minerals  (XCNQ:ADON) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-0.252/0.22
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.252 / 0)*(0 / 0.2205)*(0.2205 / 0.22)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0023
=ROA %*Equity Multiplier
=N/A %*1.0023
=-114.55 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-0.252/0.22
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.252 / -0.252) * (-0.252 / -0.272) * (-0.272 / 0) * (0 / 0.2205) * (0.2205 / 0.22)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9265 * N/A % * 0 * 1.0023
=-114.55 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Adonis Minerals ROE % Related Terms


Adonis Minerals ROE % Historical Data

* Premium members only.

The historical data trend for Adonis Minerals's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adonis Minerals ROE % Chart

Adonis Minerals Annual Data
Trend Jun24 Jun25
ROE %
-79.93 -82.25

Adonis Minerals Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only -264.30 53.77 -25.09 -48.58 -114.55

XCNQ:ADON vs HL: ROE % Comparison

For the Other Precious Metals & Mining subindustry, Adonis Minerals's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adonis Minerals ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Adonis Minerals's ROE % distribution charts can be found below:

* The bar in red indicates where Adonis Minerals's ROE % falls into.



Adonis Minerals ROE % Calculation

Adonis Minerals's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=-0.234/( (0.289+0.28)/ 2 )
=-0.234/0.2845
=-82.25 %

Adonis Minerals's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-0.252/( (0.232+0.208)/ 2 )
=-0.252/0.22
=-114.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -114.55% mean?
Adonis Minerals (XCNQ:ADON) has a ROE % of -114.55% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Adonis Minerals and its competitors. According to the industry distribution chart, Adonis Minerals ranks #1431 out of 2399 companies in the Metals & Mining industry, placing it in the top 59.6%.
Is Adonis Minerals' ROE % too high?
Adonis Minerals' current ROE % is -114.55%. Based on the distribution chart, Adonis Minerals ranks #1431 out of 2399 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Adonis Minerals' ROE % compare to HL?
According to the Metals & Mining industry distribution chart, Adonis Minerals ranks #1431 out of 2399 companies for ROE %. This places Adonis Minerals in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Adonis Minerals and its competitors. Adonis Minerals's current ROE % is -114.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adonis Minerals stock overvalued right now?
Adonis Minerals (XCNQ:ADON) has a current ROE % of -114.55%. The current ROE % is -114.55%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Adonis Minerals (XCNQ:ADON), the current ROE % is -114.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adonis Minerals Business Description

Address 999 West Broadway, Suite 830, Vancouver, BC, CAN, V5Z 1K5
Adonis Minerals Corp is a mineral exploration company involved in the identification, acquisition and exploration of mineral properties located in British Columbia. It is exploring for copper and gold. Its mineral property is the Horne Project.