Shorepower Technologies Inc.
Shorepower Technologies Inc. designs, builds, installs, and operates electrified parking spaces in truck stops, rest areas, travel plazas, warehouses, truck depots, terminals, shopping malls, businesses and other types of parking areas in the United States. The company operates heavy-duty electrified parking spaces; and plug-in stations for trucks, electric vehicles, and refrigerated trailers. It… Read more
Shorepower Technologies Inc. (SPEV) - Net Assets
Latest net assets as of August 2025: $-1.90 Million USD
Based on the latest financial reports, Shorepower Technologies Inc. (SPEV) has net assets worth $-1.90 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.05K) and total liabilities ($1.97 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 | $-1.90 Million |
| % of Total Assets | -2565.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Shorepower Technologies Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Shorepower Technologies 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 Shorepower Technologies Inc. (2020–2025)
The table below shows the annual net assets of Shorepower Technologies Inc. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $-1.68 Million | -27.88% |
| 2024-02-29 | $-1.31 Million | -54.83% |
| 2023-02-28 | $-846.52K | -524.35% |
| 2022-02-28 | $199.49K | +108.19% |
| 2021-02-28 | $-2.44 Million | -1.10% |
| 2020-02-29 | $-2.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shorepower Technologies 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 grown by 215228000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.27 Million | % |
| Total Equity | $-1.68 Million | 100.00% |
Shorepower Technologies Inc. Competitors by Market Cap
The table below lists competitors of Shorepower Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sarine Technologies Ltd
TA:SARN
|
$461.49K |
|
ABV Consulting Inc
PINK:ABVN
|
$461.96K |
|
Source Capital Closed Fund
NYSE:SOR
|
$462.09K |
|
Wisdomtree 1-3 Year Laddered Treasury Fund ETF
NASDAQ:USSH
|
$462.25K |
|
OOOOO Entertainment Commerce Limited
PINK:OOOOF
|
$461.00K |
|
BUCKLE
BE:BK2
|
$460.94K |
|
WILH. WILH HOLD -A-
BE:WML1
|
$460.26K |
|
NamR SA
PA:ALNMR
|
$460.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shorepower Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,310,642 to -1,676,022, a change of -365,380.
- Net loss of 450,318 reduced equity.
- Other factors increased equity by 84,938.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-450.32K | -26.87% |
| Other Changes | $84.94K | +5.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Shorepower Technologies 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-02-29 | $-0.69 | $0.02 | x |
| 2021-02-28 | $-0.69 | $0.02 | x |
| 2022-02-28 | $0.03 | $0.02 | x |
| 2023-02-28 | $-0.02 | $0.02 | x |
| 2024-02-29 | $-0.03 | $0.02 | x |
| 2025-02-28 | $-0.03 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shorepower Technologies 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -691.51%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-173.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $199.53K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $217.09K |
| 2022 | -1039.37% | -41467.80% | 0.02x | 1.07x | $-2.09 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-512.65K |
| 2024 | 0.00% | -3375.65% | 0.09x | 0.00x | $-530.90K |
| 2025 | 0.00% | -691.51% | 1.00x | 0.00x | $-282.72K |
Industry Comparison
This section compares Shorepower Technologies Inc.'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shorepower Technologies Inc. (SPEV) | $-1.90 Million | 0.00% | N/A | $461.21K |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |