PowerBank Corporation (SUUN) - Net Assets
Based on the latest financial reports, PowerBank Corporation (SUUN) has net assets worth $29.21 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($134.72 Million) and total liabilities ($105.51 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. Check SUUN strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $29.21 Million |
| % of Total Assets | 21.68% |
| Annual Growth Rate | 34.99% |
| 5-Year Change | 344.98% |
| 10-Year Change | N/A |
| Growth Volatility | 108.02 |
PowerBank Corporation - Net Assets Trend (2020–2025)
This chart illustrates how PowerBank Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SUUN market cap.
Annual Net Assets for PowerBank Corporation (2020–2025)
The table below shows the annual net assets of PowerBank Corporation from 2020 to 2025. Also explore SUUN net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.76 Million | +5.53% |
| 2024-12-31 | $18.72 Million | 0.00% |
| 2023-12-31 | $18.72 Million | +12.59% |
| 2022-12-31 | $16.63 Million | +274.52% |
| 2021-12-31 | $4.44 Million | +0.71% |
| 2020-12-31 | $4.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PowerBank Corporation'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 703.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.28 Million | 235.36% |
| Other Comprehensive Income | $-242.00K | -1.26% |
| Other Components | $1.95 Million | 10.14% |
| Total Equity | $19.24 Million | 100.00% |
PowerBank Corporation Competitors by Market Cap
The table below lists competitors of PowerBank Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Onward Technologies Limited
NSE:ONWARDTEC
|
$67.62 Million |
|
Courtside Group, Inc. Common Stock
NASDAQ:PODC
|
$67.64 Million |
|
FarmStory Co. Ltd
KQ:027710
|
$67.74 Million |
|
Medipower -M
TA:MDPR
|
$67.75 Million |
|
Skyharbour Resources Ltd
V:SYH
|
$67.51 Million |
|
Inseego Corp
NASDAQ:INSG
|
$67.49 Million |
|
Thorney Opportunities Ltd
AU:TOP
|
$67.48 Million |
|
Empire State Realty OP LP ES
NYSE:ESBA
|
$67.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PowerBank Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,363,368 to 19,241,000, a change of 2,877,632 (17.6%).
- Net loss of 31,040,000 reduced equity.
- Other comprehensive income decreased equity by 341,680.
- Other factors increased equity by 34,259,312.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.04 Million | -161.32% |
| Other Comprehensive Income | $-341.68K | -1.78% |
| Other Changes | $34.26 Million | +178.05% |
| Total Change | $- | 17.59% |
Book Value vs Market Value Analysis
This analysis compares PowerBank Corporation'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: 1854.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3980.23x to 1854.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.28 | $1108.00 | x |
| 2021-12-31 | $0.17 | $1108.00 | x |
| 2022-12-31 | $0.61 | $1108.00 | x |
| 2023-12-31 | $0.69 | $1108.00 | x |
| 2024-12-31 | $0.61 | $1108.00 | x |
| 2025-12-31 | $0.60 | $1108.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PowerBank Corporation 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): -161.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.74%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 7.19x
- Recent ROE (-161.32%) is below the historical average (-23.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.96% | -1.80% | 0.71x | 2.31x | $-577.43K |
| 2021 | 49.95% | 12.19% | 2.00x | 2.05x | $1.79 Million |
| 2022 | 13.68% | 12.19% | 0.74x | 1.52x | $602.71K |
| 2023 | -18.55% | -5.95% | 1.49x | 2.09x | $-5.35 Million |
| 2024 | -21.23% | -5.95% | 1.49x | 2.40x | $-5.11 Million |
| 2025 | -161.32% | -74.74% | 0.30x | 7.19x | $-32.96 Million |
Industry Comparison
This section compares PowerBank Corporation's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $32,290,939,396
- Average return on equity (ROE) among peers: 2.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PowerBank Corporation (SUUN) | $29.21 Million | -2.96% | 3.61x | $67.62 Million |
| AXIA Energia (AXIA) | $71.16 Billion | 6.92% | 1.51x | $3.50 Billion |
| AXIA Energia SA (AXIA-PC) | $118.50 Billion | 5.53% | 1.36x | $21.51 Billion |
| Brookfield Renewable Corp (BEPC) | $14.30 Billion | 0.50% | 0.63x | $4.41 Billion |
| Bimergen Energy Corporation (BESS) | $5.59 Million | -11.21% | 0.31x | $16.62 Million |
| BrenX Ltd. (BRNX) | $-30.29 Million | 0.00% | 0.00x | $4.14 Million |
| Smart Powerr Corp (CREG) | $104.73 Million | -1.49% | 0.16x | $4.13 Million |
| Clearway Energy Inc Class C (CWEN) | $3.30 Billion | 1.55% | 2.88x | $2.59 Billion |
| Clearway Energy Inc (CWEN-A) | $2.71 Billion | 0.92% | 2.90x | $1.40 Billion |
| Centrais Electricas Brasileiras SA (EBR) | $56.01 Billion | 25.12% | 2.24x | $18.99 Billion |
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) | $56.85 Billion | -5.33% | 1.54x | $2.77 Billion |
About PowerBank Corporation
PowerBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. The company operates through Development & EPC, IPP Production and Other segments. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects, grid connected solar PV electricity… Read more