Pioneer Power Solutions Inc.
Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments. The Electrical Infrastructure Equipment seg… Read more
Pioneer Power Solutions Inc. (PPSI) - Net Assets
Latest net assets as of September 2025: $30.70 Million USD
Based on the latest financial reports, Pioneer Power Solutions Inc. (PPSI) has net assets worth $30.70 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.58 Million) and total liabilities ($6.88 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 | $30.70 Million |
| % of Total Assets | 81.69% |
| Annual Growth Rate | 81.75% |
| 5-Year Change | 155.64% |
| 10-Year Change | 29.33% |
| Growth Volatility | 92991.69 |
Pioneer Power Solutions Inc. - Net Assets Trend (2008–2024)
This chart illustrates how Pioneer Power Solutions 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 Pioneer Power Solutions Inc. (2008–2024)
The table below shows the annual net assets of Pioneer Power Solutions Inc. from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.43 Million | +149.18% |
| 2023-12-31 | $14.22 Million | -16.03% |
| 2022-12-31 | $16.93 Million | -13.40% |
| 2021-12-31 | $19.55 Million | +41.08% |
| 2020-12-31 | $13.86 Million | -15.67% |
| 2019-12-31 | $16.43 Million | +37.52% |
| 2018-12-31 | $11.95 Million | -31.72% |
| 2017-12-31 | $17.50 Million | -34.43% |
| 2016-12-31 | $26.69 Million | -2.56% |
| 2015-12-31 | $27.39 Million | -11.16% |
| 2014-12-31 | $30.83 Million | +0.14% |
| 2013-12-31 | $30.79 Million | +71.88% |
| 2012-12-31 | $17.91 Million | +21.31% |
| 2011-12-31 | $14.77 Million | -2.15% |
| 2010-12-31 | $15.09 Million | +57.09% |
| 2009-12-31 | $9.61 Million | +384182.32% |
| 2008-12-31 | $2.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneer Power Solutions 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 1962550000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.00K | 0.03% |
| Other Components | $55.05 Million | 155.37% |
| Total Equity | $35.43 Million | 100.00% |
Pioneer Power Solutions Inc. Competitors by Market Cap
The table below lists competitors of Pioneer Power Solutions Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flag Ship Acquisition Corp. Ordinary Shares
NASDAQ:FSHP
|
$29.93 Million |
|
Nano Labs Ltd
NASDAQ:NA
|
$29.94 Million |
|
Tainet Communication System
TWO:4905
|
$29.94 Million |
|
HI SPAC 3
KQ:217500
|
$29.94 Million |
|
S.Kijchai Enterprise Public Company Limited
BK:SKN
|
$29.90 Million |
|
Big 5 Sporting Goods Corporation
NASDAQ:BGFV
|
$29.90 Million |
|
A-Tech Solution Co. Ltd
KQ:071670
|
$29.89 Million |
|
Satia Industries Limited
NSE:SATIA
|
$29.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneer Power Solutions Inc. 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,218,000 to 35,429,000, a change of 21,211,000 (149.2%).
- Net income of 31,855,000 contributed positively to equity growth.
- Dividend payments of 16,665,000 reduced retained earnings.
- New share issuances of 4,986,000 increased equity.
- Other factors increased equity by 1,035,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $31.86 Million | +89.91% |
| Dividends Paid | $16.66 Million | -47.04% |
| Share Issuances | $4.99 Million | +14.07% |
| Other Changes | $1.03 Million | +2.92% |
| Total Change | $- | 149.18% |
Book Value vs Market Value Analysis
This analysis compares Pioneer Power Solutions 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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1670.40x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $3.48 | x |
| 2009-12-31 | $2.06 | $3.48 | x |
| 2010-12-31 | $2.54 | $3.48 | x |
| 2011-12-31 | $2.48 | $3.48 | x |
| 2012-12-31 | $3.03 | $3.48 | x |
| 2013-12-31 | $4.89 | $3.48 | x |
| 2014-12-31 | $4.29 | $3.48 | x |
| 2015-12-31 | $3.54 | $3.48 | x |
| 2016-12-31 | $3.07 | $3.48 | x |
| 2017-12-31 | $2.01 | $3.48 | x |
| 2018-12-31 | $1.37 | $3.48 | x |
| 2019-12-31 | $1.88 | $3.48 | x |
| 2020-12-31 | $1.59 | $3.48 | x |
| 2021-12-31 | $2.21 | $3.48 | x |
| 2022-12-31 | $1.74 | $3.48 | x |
| 2023-12-31 | $1.39 | $3.48 | x |
| 2024-12-31 | $3.23 | $3.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneer Power Solutions 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): 89.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 139.23%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.86x
- Recent ROE (89.91%) is above the historical average (-12.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -140.00% | 0.00% | 0.00x | 2.40x | $-3.75K |
| 2009 | 53.24% | 12.60% | 2.78x | 1.52x | $4.15 Million |
| 2010 | 19.52% | 6.24% | 1.47x | 2.13x | $1.44 Million |
| 2011 | -0.41% | -0.09% | 1.41x | 3.31x | $-1.54 Million |
| 2012 | 16.69% | 3.56% | 1.61x | 2.91x | $1.20 Million |
| 2013 | 17.11% | 5.98% | 1.64x | 1.75x | $2.19 Million |
| 2014 | -0.87% | -0.29% | 1.27x | 2.36x | $-3.35 Million |
| 2015 | -21.47% | -5.52% | 1.59x | 2.44x | $-8.62 Million |
| 2016 | -2.13% | -0.50% | 1.48x | 2.90x | $-3.24 Million |
| 2017 | -53.39% | -9.22% | 1.45x | 3.99x | $-11.09 Million |
| 2018 | -47.39% | -5.32% | 1.47x | 6.07x | $-6.86 Million |
| 2019 | -73.24% | -58.48% | 0.73x | 1.71x | $-13.68 Million |
| 2020 | -21.55% | -15.32% | 0.92x | 1.54x | $-4.37 Million |
| 2021 | -11.08% | -11.83% | 0.66x | 1.43x | $-4.12 Million |
| 2022 | -32.00% | -20.94% | 0.70x | 2.20x | $-7.11 Million |
| 2023 | 0.97% | 0.34% | 1.24x | 2.32x | $-1.28 Million |
| 2024 | 89.91% | 139.23% | 0.35x | 1.86x | $28.31 Million |
Industry Comparison
This section compares Pioneer Power Solutions Inc. 's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pioneer Power Solutions Inc. (PPSI) | $30.70 Million | -140.00% | 0.22x | $29.93 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |