Hyzon Motors Inc
Hyzon Motors Inc. supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply … Read more
Hyzon Motors Inc (HYZN) - Net Assets
Latest net assets as of September 2024: $12.18 Million USD
Based on the latest financial reports, Hyzon Motors Inc (HYZN) has net assets worth $12.18 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($51.69 Million) and total liabilities ($39.51 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.18 Million |
| % of Total Assets | 23.56% |
| Annual Growth Rate | 465.33% |
| 5-Year Change | 528355.28% |
| 10-Year Change | N/A |
| Growth Volatility | 23746.24 |
Hyzon Motors Inc - Net Assets Trend (2018–2023)
This chart illustrates how Hyzon Motors Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hyzon Motors Inc (2018–2023)
The table below shows the annual net assets of Hyzon Motors Inc from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $130.00 Million | -57.66% |
| 2022-12-31 | $307.06 Million | -16.98% |
| 2021-12-31 | $369.86 Million | +2405.64% |
| 2020-12-31 | $14.76 Million | +59904.07% |
| 2019-12-31 | $24.60K | +9.14% |
| 2018-12-31 | $22.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyzon Motors Inc'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 24263753800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.00K | 0.02% |
| Other Comprehensive Income | $-514.00K | -0.39% |
| Other Components | $373.81 Million | 286.04% |
| Total Equity | $130.69 Million | 100.00% |
Hyzon Motors Inc Competitors by Market Cap
The table below lists competitors of Hyzon Motors Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Future Fintech Group Inc
NASDAQ:FTFT
|
$2.97 Million |
|
Volcano Bhd
KLSE:0232
|
$2.97 Million |
|
Scientific Industries Inc
OTCQB:SCND
|
$2.97 Million |
|
Carlin Gold Corporation
V:CGD
|
$2.97 Million |
|
DomaCom Limited
AU:DCL
|
$2.97 Million |
|
Alta S.A.
WAR:AAT
|
$2.97 Million |
|
RALPH LAUREN-A - Dusseldorf Stock Exchang
DU:PRL
|
$2.96 Million |
|
A Rank Bhd
KLSE:7214
|
$2.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyzon Motors Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 307,770,000 to 130,686,000, a change of -177,084,000 (-57.5%).
- Net loss of 184,042,000 reduced equity.
- Share repurchases of 180,000 reduced equity.
- Other comprehensive income decreased equity by 361,000.
- Other factors increased equity by 7,499,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-184.04 Million | -140.83% |
| Share Repurchases | $180.00K | -0.14% |
| Other Comprehensive Income | $-361.00K | -0.28% |
| Other Changes | $7.50 Million | +5.74% |
| Total Change | $- | -57.54% |
Book Value vs Market Value Analysis
This analysis compares Hyzon Motors Inc'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: 0.02x
- 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 decreased from 804.13x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.64 | x |
| 2019-12-31 | $0.00 | $0.64 | x |
| 2020-12-31 | $0.09 | $0.64 | x |
| 2021-12-31 | $1.84 | $0.64 | x |
| 2022-12-31 | $1.24 | $0.64 | x |
| 2023-12-31 | $26.70 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyzon Motors Inc 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): -140.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -62387.12%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.46x
- Recent ROE (-140.83%) is above the historical average (-186.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -2.05% | 0.00% | 0.00x | 23.71x | $-2.72K |
| 2019 | -881.95% | 0.00% | 0.00x | 13.76x | $-219.42K |
| 2020 | -96.34% | 0.00% | 0.00x | 1.41x | $-15.79 Million |
| 2021 | 18.49% | 1147.07% | 0.01x | 1.41x | $31.86 Million |
| 2022 | -17.71% | -1463.04% | 0.01x | 1.22x | $-85.29 Million |
| 2023 | -140.83% | -62387.12% | 0.00x | 1.46x | $-197.11 Million |
Industry Comparison
This section compares Hyzon Motors Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyzon Motors Inc (HYZN) | $12.18 Million | -2.05% | 3.24x | $2.97 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |