GREENHY2 Ltd (H2G) - Net Assets
Based on the latest financial reports, GREENHY2 Ltd (H2G) has net assets worth AU$3.12 Million AUD (≈ $2.21 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.37 Million ≈ $3.09 Million USD) and total liabilities (AU$1.25 Million ≈ $882.53K 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 asset resilience ratio of GREENHY2 Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$3.12 Million |
| % of Total Assets | 71.47% |
| Annual Growth Rate | 0.22% |
| 5-Year Change | -70.43% |
| 10-Year Change | -79.7% |
| Growth Volatility | 92.25 |
GREENHY2 Ltd - Net Assets Trend (1989–2024)
This chart illustrates how GREENHY2 Ltd's net assets have evolved over time, based on quarterly financial data. Also explore H2G total assets for the complete picture of this company's asset base.
Annual Net Assets for GREENHY2 Ltd (1989–2024)
The table below shows the annual net assets of GREENHY2 Ltd from 1989 to 2024. For live valuation and market cap data, see GREENHY2 Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$2.83 Million ≈ $2.00 Million |
-5.80% |
| 2023-12-31 | AU$3.00 Million ≈ $2.13 Million |
-36.81% |
| 2022-12-31 | AU$4.75 Million ≈ $3.36 Million |
-22.19% |
| 2021-12-31 | AU$6.11 Million ≈ $4.32 Million |
-36.14% |
| 2020-12-31 | AU$9.57 Million ≈ $6.77 Million |
+12.58% |
| 2019-12-31 | AU$8.50 Million ≈ $6.01 Million |
-65.00% |
| 2018-12-31 | AU$24.29 Million ≈ $17.18 Million |
-18.82% |
| 2017-12-31 | AU$29.91 Million ≈ $21.17 Million |
-1.82% |
| 2016-12-31 | AU$30.47 Million ≈ $21.56 Million |
+118.55% |
| 2015-12-31 | AU$13.94 Million ≈ $9.86 Million |
+96.27% |
| 2014-12-31 | AU$7.10 Million ≈ $5.03 Million |
+15.00% |
| 2013-12-31 | AU$6.18 Million ≈ $4.37 Million |
+0.78% |
| 2012-12-31 | AU$6.13 Million ≈ $4.34 Million |
+146.55% |
| 2011-12-31 | AU$2.49 Million ≈ $1.76 Million |
+1118.79% |
| 2010-12-31 | AU$-243.98K ≈ $-172.63K |
-144.28% |
| 2009-12-31 | AU$551.00K ≈ $389.87K |
-96.16% |
| 2008-12-31 | AU$14.34 Million ≈ $10.15 Million |
-37.42% |
| 2007-12-31 | AU$22.92 Million ≈ $16.22 Million |
+186.21% |
| 2006-12-31 | AU$8.01 Million ≈ $5.67 Million |
+55.60% |
| 2005-12-31 | AU$5.15 Million ≈ $3.64 Million |
+103.10% |
| 2004-12-31 | AU$2.53 Million ≈ $1.79 Million |
-7.15% |
| 2003-12-31 | AU$2.73 Million ≈ $1.93 Million |
-2.43% |
| 2002-12-31 | AU$2.80 Million ≈ $1.98 Million |
-10.14% |
| 2001-12-31 | AU$3.11 Million ≈ $2.20 Million |
-3.06% |
| 2000-12-31 | AU$3.21 Million ≈ $2.27 Million |
-1.45% |
| 1999-12-31 | AU$3.26 Million ≈ $2.31 Million |
-24.80% |
| 1998-12-31 | AU$4.33 Million ≈ $3.07 Million |
-4.08% |
| 1997-12-31 | AU$4.52 Million ≈ $3.20 Million |
+4.67% |
| 1996-12-31 | AU$4.32 Million ≈ $3.05 Million |
+12.21% |
| 1995-12-31 | AU$3.85 Million ≈ $2.72 Million |
+400.13% |
| 1994-12-31 | AU$769.00K ≈ $544.12K |
+4.63% |
| 1993-12-31 | AU$735.00K ≈ $520.06K |
+2.94% |
| 1992-12-31 | AU$714.00K ≈ $505.20K |
-16.78% |
| 1991-12-31 | AU$858.00K ≈ $607.09K |
-44.68% |
| 1990-12-31 | AU$1.55 Million ≈ $1.10 Million |
-40.91% |
| 1989-12-31 | AU$2.62 Million ≈ $1.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GREENHY2 Ltd'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 13038.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$87.53 Million | 3092.93% |
| Other Comprehensive Income | AU$2.50 Million | 88.44% |
| Total Equity | AU$2.83 Million | 100.00% |
GREENHY2 Ltd Competitors by Market Cap
The table below lists competitors of GREENHY2 Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aro Granite Industries Limited
NSE:AROGRANITE
|
$4.43 Million |
|
PDZ Holdings Bhd
KLSE:6254
|
$4.43 Million |
|
Eterna Therapeutics Inc
NASDAQ:ERNA
|
$4.44 Million |
|
Restore plc
LSE:RST
|
$4.44 Million |
|
333D Ltd
AU:T3D
|
$4.42 Million |
|
Phoslock Environmental Technologies Ltd
AU:PET
|
$4.42 Million |
|
Cullen Resources Ltd
AU:CUL
|
$4.42 Million |
|
Polar Capital Global Financials Trust plc
LSE:PCFT
|
$4.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GREENHY2 Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,004,426 to 2,830,020, a change of -174,406 (-5.8%).
- Net loss of 1,156,627 reduced equity.
- New share issuances of 982,221 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.16 Million | -40.87% |
| Share Issuances | AU$982.22K | +34.71% |
| Total Change | AU$- | -5.80% |
Book Value vs Market Value Analysis
This analysis compares GREENHY2 Ltd'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: 1.55x
- 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 0.00x to 1.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | AU$2.84 | AU$0.01 | x |
| 1990-12-31 | AU$1.68 | AU$0.01 | x |
| 1991-12-31 | AU$0.93 | AU$0.01 | x |
| 1992-12-31 | AU$0.77 | AU$0.01 | x |
| 1993-12-31 | AU$0.79 | AU$0.01 | x |
| 1994-12-31 | AU$0.83 | AU$0.01 | x |
| 1995-12-31 | AU$4.15 | AU$0.01 | x |
| 1996-12-31 | AU$4.51 | AU$0.01 | x |
| 1997-12-31 | AU$4.88 | AU$0.01 | x |
| 1998-12-31 | AU$4.68 | AU$0.01 | x |
| 1999-12-31 | AU$3.52 | AU$0.01 | x |
| 2000-12-31 | AU$3.47 | AU$0.01 | x |
| 2001-12-31 | AU$3.36 | AU$0.01 | x |
| 2002-12-31 | AU$3.02 | AU$0.01 | x |
| 2003-12-31 | AU$2.95 | AU$0.01 | x |
| 2004-12-31 | AU$2.74 | AU$0.01 | x |
| 2005-12-31 | AU$2.82 | AU$0.01 | x |
| 2006-12-31 | AU$2.71 | AU$0.01 | x |
| 2007-12-31 | AU$1.59 | AU$0.01 | x |
| 2008-12-31 | AU$0.97 | AU$0.01 | x |
| 2009-12-31 | AU$0.04 | AU$0.01 | x |
| 2010-12-31 | AU$-0.02 | AU$0.01 | x |
| 2011-12-31 | AU$0.31 | AU$0.01 | x |
| 2012-12-31 | AU$0.04 | AU$0.01 | x |
| 2013-12-31 | AU$0.04 | AU$0.01 | x |
| 2014-12-31 | AU$0.04 | AU$0.01 | x |
| 2015-12-31 | AU$0.07 | AU$0.01 | x |
| 2016-12-31 | AU$0.15 | AU$0.01 | x |
| 2017-12-31 | AU$0.12 | AU$0.01 | x |
| 2018-12-31 | AU$0.10 | AU$0.01 | x |
| 2019-12-31 | AU$0.03 | AU$0.01 | x |
| 2020-12-31 | AU$0.03 | AU$0.01 | x |
| 2021-12-31 | AU$0.02 | AU$0.01 | x |
| 2022-12-31 | AU$0.01 | AU$0.01 | x |
| 2023-12-31 | AU$0.01 | AU$0.01 | x |
| 2024-12-31 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GREENHY2 Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2683.09%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.23x
- Recent ROE (-40.87%) is above the historical average (-92.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -19.39% | 0.00% | 0.00x | 1.01x | AU$-771.50K |
| 1990 | -72.02% | 0.00% | 0.00x | 1.01x | AU$-1.27 Million |
| 1991 | -80.65% | 0.00% | 0.00x | 1.07x | AU$-777.80K |
| 1992 | -20.17% | 0.00% | 0.00x | 1.20x | AU$-215.40K |
| 1993 | 2.86% | 0.00% | 0.00x | 1.19x | AU$-52.50K |
| 1994 | 4.42% | 0.00% | 0.00x | 1.03x | AU$-42.90K |
| 1995 | 80.01% | 0.00% | 0.00x | 1.16x | AU$2.69 Million |
| 1996 | 15.04% | 0.00% | 0.00x | 1.05x | AU$217.29K |
| 1997 | 8.43% | 0.00% | 0.00x | 1.07x | AU$-70.98K |
| 1998 | -0.12% | 0.00% | 0.00x | 1.08x | AU$-438.29K |
| 1999 | 2.79% | 0.00% | 0.00x | 1.08x | AU$-234.95K |
| 2000 | 1.31% | 0.00% | 0.00x | 1.08x | AU$-279.13K |
| 2001 | -3.15% | 0.00% | 0.00x | 1.02x | AU$-409.29K |
| 2002 | -4.58% | 0.00% | 0.00x | 1.03x | AU$-407.73K |
| 2003 | 1.58% | 0.00% | 0.00x | 1.04x | AU$-229.93K |
| 2004 | -7.69% | 0.00% | 0.00x | 1.06x | AU$-448.42K |
| 2005 | 2.91% | 0.00% | 0.00x | 2.07x | AU$-185.00K |
| 2006 | -91.16% | 0.00% | 0.00x | 1.08x | AU$-8.10 Million |
| 2007 | -32.21% | 0.00% | 0.00x | 1.03x | AU$-9.68 Million |
| 2008 | -64.45% | -339.85% | 0.17x | 1.11x | AU$-10.68 Million |
| 2009 | -2560.44% | -386.73% | 1.75x | 3.78x | AU$-14.16 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-52.58K |
| 2011 | -31.74% | -482.83% | 0.06x | 1.01x | AU$-1.04 Million |
| 2012 | -20.18% | -20.97% | 0.79x | 1.22x | AU$-1.85 Million |
| 2013 | -7.29% | -3.21% | 1.79x | 1.27x | AU$-1.07 Million |
| 2014 | -18.39% | -8.15% | 1.27x | 1.78x | AU$-2.02 Million |
| 2015 | 48.35% | 8.63% | 2.27x | 2.47x | AU$5.35 Million |
| 2016 | 17.90% | 6.72% | 2.07x | 1.28x | AU$2.41 Million |
| 2017 | -3.50% | -5.78% | 0.48x | 1.25x | AU$-4.04 Million |
| 2018 | -22.00% | -13.20% | 1.31x | 1.28x | AU$-7.77 Million |
| 2019 | -234.87% | -37.71% | 2.29x | 2.72x | AU$-20.81 Million |
| 2020 | 2.39% | 0.76% | 1.96x | 1.61x | AU$-727.90K |
| 2021 | -69.04% | -28.16% | 1.38x | 1.77x | AU$-4.83 Million |
| 2022 | -52.85% | -858.20% | 0.06x | 1.10x | AU$-2.99 Million |
| 2023 | -58.25% | -1251.46% | 0.04x | 1.13x | AU$-2.05 Million |
| 2024 | -40.87% | -2683.09% | 0.01x | 1.23x | AU$-1.44 Million |
Industry Comparison
This section compares GREENHY2 Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $1,342,707,770
- Average return on equity (ROE) among peers: -5.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GREENHY2 Ltd (H2G) | AU$3.12 Million | -19.39% | 0.40x | $4.42 Million |
| APA Group (APA) | $2.67 Billion | 3.71% | 6.47x | $9.77 Billion |
| Equus Energy Ltd (EQU) | $17.42 Million | -15.29% | 0.12x | $59.37 Million |
About GREENHY2 Ltd
Greenhy2 Limited operates as a renewable energy solutions provider in Australia. The company offers advanced energy storage technologies and solid-state hydrogen storage batteries; HY2 energy systems, including H2G MINI, MIDI, and MAXI; HY2 Connect, a digital platform for real time data and alerts; and turnkey energy solutions for the infrastructure, telecommunications, power, renewable energy, i… Read more