Hillcrest Energy Technologies Ltd
Hillcrest Energy Technologies Ltd. engages in developing power conversion technologies and digital control systems for powertrains and grid-connected renewable energy systems in Canada and Europe. It offers electric vehicle traction inverters, power modules, grid power conversion systems, and powertrain solutions, as well as develops a zero-voltage switching inverter technology platform. The comp… Read more
Hillcrest Energy Technologies Ltd (HLRTF) - Net Assets
Latest net assets as of September 2025: $-4.72 Million USD
Based on the latest financial reports, Hillcrest Energy Technologies Ltd (HLRTF) has net assets worth $-4.72 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 ($2.16 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 | $-4.72 Million |
| % of Total Assets | -218.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 149.99 |
Hillcrest Energy Technologies Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Hillcrest Energy Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hillcrest Energy Technologies Ltd (2013–2024)
The table below shows the annual net assets of Hillcrest Energy Technologies Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.11 Million | -198.81% |
| 2023-12-31 | $1.12 Million | -53.79% |
| 2022-12-31 | $2.43 Million | -53.77% |
| 2021-12-31 | $5.25 Million | +1326.82% |
| 2020-12-31 | $-427.60K | +82.83% |
| 2019-12-31 | $-2.49 Million | +6.83% |
| 2018-12-31 | $-2.67 Million | -83.02% |
| 2017-12-31 | $-1.46 Million | +78.47% |
| 2016-12-31 | $-6.78 Million | -71.40% |
| 2015-12-31 | $-3.96 Million | -141.30% |
| 2014-12-31 | $9.58 Million | +236.84% |
| 2013-12-31 | $2.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hillcrest Energy Technologies Ltd'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 5066694000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $52.86 Million | % |
| Total Equity | $-1.11 Million | 100.00% |
Hillcrest Energy Technologies Ltd Competitors by Market Cap
The table below lists competitors of Hillcrest Energy Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAHYADRI INDUSTRIES ORD (BSE)
NSE:SAHYADRI
|
$6.66 Million |
|
Mandrake Resources Ltd
AU:MAN
|
$6.66 Million |
|
Marpai Inc
NASDAQ:MRAI
|
$6.66 Million |
|
New Zealand Energy Corp
PINK:NZERF
|
$6.66 Million |
|
Inventure Growth & Securities Limited
NSE:INVENTURE
|
$6.66 Million |
|
Europen Endustri Insaat Sanayi ve Ticaret A.S.
IS:EUREN
|
$6.66 Million |
|
VinFast Auto Ltd. Warrant
NASDAQ:VFSWW
|
$6.66 Million |
|
EFUN Technology Co.,Ltd
TWO:3523
|
$6.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hillcrest Energy Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,120,629 to -1,107,343, a change of -2,227,972 (-198.8%).
- Net loss of 10,957,155 reduced equity.
- New share issuances of 4,944,674 increased equity.
- Other factors increased equity by 3,784,509.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.96 Million | -989.5% |
| Share Issuances | $4.94 Million | +446.53% |
| Other Changes | $3.78 Million | +341.76% |
| Total Change | $- | -198.81% |
Book Value vs Market Value Analysis
This analysis compares Hillcrest Energy Technologies Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-0.02 | $0.09 | x |
| 2018-12-31 | $-0.03 | $0.09 | x |
| 2019-12-31 | $-0.02 | $0.09 | x |
| 2020-12-31 | $0.00 | $0.09 | x |
| 2021-12-31 | $0.02 | $0.09 | x |
| 2022-12-31 | $0.01 | $0.09 | x |
| 2023-12-31 | $0.02 | $0.09 | x |
| 2024-12-31 | $-0.01 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hillcrest Energy Technologies Ltd 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-99.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -24.05% | -101.00% | 0.17x | 1.41x | $-968.65K |
| 2014 | 65.53% | 539.93% | 0.04x | 2.92x | $5.32 Million |
| 2015 | 0.00% | -374.51% | 0.26x | 0.00x | $-14.31 Million |
| 2016 | 0.00% | -274.17% | 0.50x | 0.00x | $-2.88 Million |
| 2017 | 0.00% | 14558.34% | 0.14x | 0.00x | $5.43 Million |
| 2018 | 0.00% | -3571.43% | 0.05x | 0.00x | $-1.60 Million |
| 2019 | 0.00% | -137.94% | 1.21x | 0.00x | $-1.19 Million |
| 2020 | 0.00% | -322.53% | 0.39x | 0.00x | $-2.20 Million |
| 2021 | -251.54% | -2111.67% | 0.09x | 1.26x | $-13.72 Million |
| 2022 | -262.26% | 0.00% | 0.00x | 1.28x | $-6.60 Million |
| 2023 | -726.26% | 0.00% | 0.00x | 2.42x | $-8.25 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.85 Million |
Industry Comparison
This section compares Hillcrest Energy Technologies Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hillcrest Energy Technologies Ltd (HLRTF) | $-4.72 Million | -24.05% | N/A | $6.66 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |