PowerBank Corporation (PBK) - Net Assets
Based on the latest financial reports, PowerBank Corporation (PBK) has net assets worth CA$29.21 Million CAD (≈ $21.13 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 (CA$134.72 Million ≈ $97.45 Million USD) and total liabilities (CA$105.51 Million ≈ $76.33 Million 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 PBK strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$29.21 Million |
| % of Total Assets | 21.68% |
| Annual Growth Rate | 64.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 125.18 |
PowerBank Corporation - Net Assets Trend (2022–2025)
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 PBK market cap overview.
Annual Net Assets for PowerBank Corporation (2022–2025)
The table below shows the annual net assets of PowerBank Corporation from 2022 to 2025. Also explore how fast is PowerBank Corporation growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$19.76 Million ≈ $14.29 Million |
+5.53% |
| 2024-06-30 | CA$18.73 Million ≈ $13.55 Million |
+12.59% |
| 2023-06-30 | CA$16.63 Million ≈ $12.03 Million |
+274.52% |
| 2022-06-30 | CA$4.44 Million ≈ $3.21 Million |
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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 27.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$3.18 Million | 19.43% |
| Other Components | CA$13.19 Million | 80.57% |
| Total Equity | CA$16.36 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 |
|---|---|
|
Southern Hemisphere Mining Ltd
AU:SUH
|
$17.19 Million |
|
Yorbeau Resources Inc
TO:YRB
|
$17.19 Million |
|
Siam Steel International Public Company Limited
BK:SIAM
|
$17.19 Million |
|
Samjin LND Co. Ltd
KQ:054090
|
$17.20 Million |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
$17.15 Million |
|
Passat Société Anonyme
PA:PSAT
|
$17.14 Million |
|
Barrel Co. Ltd
KQ:267790
|
$17.14 Million |
|
Xilam Animation
PA:XIL
|
$17.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PowerBank Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,392,791 to 16,364,000, a change of -28,791 (-0.2%).
- Net loss of 3,474,000 reduced equity.
- New share issuances of 104,000 increased equity.
- Other factors increased equity by 3,341,209.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.47 Million | -21.23% |
| Share Issuances | CA$104.00K | +0.64% |
| Other Changes | CA$3.34 Million | +20.42% |
| Total Change | CA$- | -0.18% |
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: 0.73x
- 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 2.60x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | CA$0.17 | CA$0.44 | x |
| 2023-06-30 | CA$0.61 | CA$0.44 | x |
| 2024-06-30 | CA$0.60 | CA$0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PowerBank Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -21.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.95%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.40x
- Recent ROE (-21.23%) is below the historical average (-3.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -4.20% | -1.85% | 1.11x | 2.05x | CA$-636.93K |
| 2023 | 13.68% | 12.19% | 0.74x | 1.52x | CA$602.71K |
| 2024 | -21.23% | -5.95% | 1.49x | 2.40x | CA$-5.11 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: $1,218,845,918
- Average return on equity (ROE) among peers: -49.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PowerBank Corporation (PBK) | CA$29.21 Million | -4.20% | 3.61x | $17.17 Million |
| Brookfield Renewable Partners L.P (BEP-UN) | $7.81 Billion | -0.45% | 1.17x | $9.07 Billion |
| Boralex Inc (BLX) | $729.00 Million | 3.02% | 4.39x | $2.74 Billion |
| Greenbriar Capital Corp (GRB) | $4.25 Million | -219.30% | 1.45x | $15.66 Million |
| Innergex Renewable Energy Inc. (INE) | $230.54 Million | 0.81% | 0.49x | $2.01 Billion |
| Northland Power Inc. (NPI) | $816.73 Million | -25.20% | 1.32x | $4.00 Billion |
| Polaris Infrastructure Inc (PIF) | $138.61 Million | -17.80% | 2.05x | $211.00 Million |
| RE Royalties Ltd (RE) | $17.09 Million | -10.60% | 2.16x | $11.81 Million |
| Synex International Inc. (SXI) | $6.55 Million | -125.51% | 2.44x | $8.66 Million |
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