SUNation Energy Inc. (SUNE) - Net Assets
Based on the latest financial reports, SUNation Energy Inc. (SUNE) has net assets worth $21.73 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 ($49.61 Million) and total liabilities ($27.88 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. Also explore SUNE total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.73 Million |
| % of Total Assets | 43.8% |
| Annual Growth Rate | -13.19% |
| 5-Year Change | N/A |
| 10-Year Change | -99.62% |
| Growth Volatility | 76.66 |
SUNation Energy Inc. - Net Assets Trend (2003–2024)
This chart illustrates how SUNation Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Check SUNation Energy Inc. (SUNE) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for SUNation Energy Inc. (2003–2024)
The table below shows the annual net assets of SUNation Energy Inc. from 2003 to 2024. For live valuation and market cap data, see SUNE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.55 Million | -58.18% |
| 2023-12-31 | $20.44 Million | -24.93% |
| 2022-12-31 | $27.22 Million | +415.19% |
| 2021-12-31 | $-8.64 Million | -245.34% |
| 2020-12-31 | $-2.50 Million | -101.07% |
| 2014-12-31 | $232.90 Million | +0.30% |
| 2013-12-31 | $232.20 Million | -59.64% |
| 2012-12-31 | $575.30 Million | -22.04% |
| 2011-12-31 | $737.90 Million | -67.23% |
| 2010-12-31 | $2.25 Billion | +33.95% |
| 2009-12-31 | $1.68 Billion | +0.30% |
| 2008-12-31 | $1.68 Billion | +4.29% |
| 2007-12-31 | $1.61 Billion | +70.42% |
| 2006-12-31 | $942.95 Million | +199.89% |
| 2004-12-31 | $314.44 Million | +88.61% |
| 2003-12-31 | $166.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SUNation Energy 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 152.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $93.43K | 1.09% |
| Other Components | $51.35 Million | 600.80% |
| Total Equity | $8.55 Million | 100.00% |
SUNation Energy Inc. Competitors by Market Cap
The table below lists competitors of SUNation Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iceni Gold Ltd
AU:ICL
|
$7.00 Million |
|
Hub Cyber Security Ltd. Ordinary Shares
NASDAQ:HUBC
|
$7.00 Million |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
$7.00 Million |
|
Greenlane Holdings Inc
NASDAQ:GNLN
|
$7.01 Million |
|
Sanwil Holding SA
WAR:SNW
|
$6.98 Million |
|
Multi Ways Holdings Ltd
NYSE MKT:MWG
|
$6.98 Million |
|
Addex Therapeutics Ltd
SW:ADXN
|
$6.98 Million |
|
DTI Group Ltd
AU:DTI
|
$6.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SUNation Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,436,789 to 8,547,416, a change of -11,889,373 (-58.2%).
- Net loss of 15,849,805 reduced equity.
- Share repurchases of 6,098 reduced equity.
- New share issuances of 3,467,142 increased equity.
- Other factors increased equity by 499,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.85 Million | -185.43% |
| Share Repurchases | $6.10K | -0.07% |
| Share Issuances | $3.47 Million | +40.56% |
| Other Changes | $499.39K | +5.84% |
| Total Change | $- | -58.18% |
Book Value vs Market Value Analysis
This analysis compares SUNation Energy 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $31881.60 | $2.49 | x |
| 2004-12-31 | $71074.97 | $2.49 | x |
| 2006-12-31 | $64233923.71 | $2.49 | x |
| 2007-12-31 | $138247282.61 | $2.49 | x |
| 2008-12-31 | $145900490.54 | $2.49 | x |
| 2009-12-31 | $155747126.44 | $2.49 | x |
| 2010-12-31 | $160606276.75 | $2.49 | x |
| 2011-12-31 | $52111581.92 | $2.49 | x |
| 2012-12-31 | $40514084.51 | $2.49 | x |
| 2013-12-31 | $16329113.92 | $2.49 | x |
| 2014-12-31 | $16173611.11 | $2.49 | x |
| 2020-12-31 | $-160939.51 | $2.49 | x |
| 2021-12-31 | $-535455.30 | $2.49 | x |
| 2022-12-31 | $605747.49 | $2.49 | x |
| 2023-12-31 | $305436.99 | $2.49 | x |
| 2024-12-31 | $3151.70 | $2.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SUNation Energy 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): -185.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.87%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 5.35x
- Recent ROE (-185.43%) is below the historical average (-65.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 60.23% | 14.93% | 1.23x | 3.28x | $97.25 Million |
| 2004 | 51.07% | 22.00% | 1.23x | 1.89x | $181.91 Million |
| 2006 | 39.16% | 23.97% | 1.02x | 1.59x | $274.99 Million |
| 2007 | 40.59% | 43.00% | 0.79x | 1.19x | $622.50 Million |
| 2008 | 18.59% | 19.32% | 0.80x | 1.20x | $178.80 Million |
| 2009 | -2.68% | -4.99% | 0.38x | 1.40x | $-274.80 Million |
| 2010 | 1.53% | 1.54% | 0.49x | 2.05x | $-190.77 Million |
| 2011 | -208.16% | -56.56% | 0.56x | 6.62x | $-1.61 Billion |
| 2012 | -26.18% | -5.95% | 0.54x | 8.17x | $-208.13 Million |
| 2013 | -252.67% | -29.22% | 0.30x | 28.77x | $-609.92 Million |
| 2014 | -506.83% | -47.51% | 0.22x | 49.38x | $-1.20 Billion |
| 2020 | 0.00% | -2.12% | 1.72x | 0.00x | $78.44K |
| 2021 | 0.00% | -16339.68% | 0.01x | 0.00x | $-5.37 Million |
| 2022 | -38.03% | -37.61% | 0.37x | 2.74x | $-13.07 Million |
| 2023 | -39.79% | -10.21% | 1.37x | 2.85x | $-10.18 Million |
| 2024 | -185.43% | -27.87% | 1.24x | 5.35x | $-16.70 Million |
Industry Comparison
This section compares SUNation Energy Inc.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $341,370,514
- Average return on equity (ROE) among peers: -2951.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SUNation Energy Inc. (SUNE) | $21.73 Million | 60.23% | 1.28x | $6.98 Million |
| Array Technologies Inc (ARRY) | $0.00 | 0.00% | 0.00x | $908.85 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $-2.83 Million | 0.00% | 0.00x | $29.45 Million |
| Beam Global (BEEM) | $-3.56 Million | 0.00% | 0.00x | $19.41 Million |
| Canadian Solar Inc (CSIQ) | $332.16 Million | -2.83% | 0.72x | $1.02 Billion |
| Complete Solaria, Inc. Common Stock (CSLR) | $19.51K | -29129.50% | 5.55x | $114.71 Million |
| Enphase Energy Inc (ENPH) | $13.63 Million | -124.20% | 0.54x | $4.80 Billion |
| First Solar Inc (FSLR) | $13.13 Million | -49.22% | 6.76x | $22.06 Billion |
| FTC Solar Inc (FTCI) | $142.87 Million | -74.61% | 0.70x | $61.62 Million |
| iSun, Inc. (ISUNQ) | $13.12 Million | -148.00% | 4.08x | $4.74K |
| JinkoSolar Holding Company Limited (JKS) | $2.91 Billion | 9.41% | 2.16x | $869.31 Million |
About SUNation Energy Inc.
SUNation Energy Inc. engages in the design, installation, and maintenance of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, SUNation Energy, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company also develops and offers energy management software and hardware, such as energy management control … Read more