ClearVue Technologies Limited
ClearVue Technologies Limited, together with its subsidiaries, provides building-integrated photovoltaic (BIPV) solutions in Australia. It offers solar façade, vision glass, spandrel, balustrade and skylight, and cladding and architectural BIPV, as well as greenhouse solar solutions. The company was formerly known as Tropiglas Technologies Limited and changed its name to ClearVue Technologies Lim… Read more
ClearVue Technologies Limited (CVUEF) - Net Assets
Latest net assets as of June 2024: $13.51 Million USD
Based on the latest financial reports, ClearVue Technologies Limited (CVUEF) has net assets worth $13.51 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.79 Million) and total liabilities ($2.29 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 | $13.51 Million |
| % of Total Assets | 85.52% |
| Annual Growth Rate | 34.36% |
| 5-Year Change | 318.39% |
| 10-Year Change | N/A |
| Growth Volatility | 212.19 |
ClearVue Technologies Limited - Net Assets Trend (2016–2024)
This chart illustrates how ClearVue Technologies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ClearVue Technologies Limited (2016–2024)
The table below shows the annual net assets of ClearVue Technologies Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $13.51 Million | +25.92% |
| 2023-06-30 | $10.73 Million | -34.82% |
| 2022-06-30 | $16.46 Million | -15.93% |
| 2021-06-30 | $19.57 Million | +506.35% |
| 2020-06-30 | $3.23 Million | +6.71% |
| 2019-06-30 | $3.03 Million | -44.66% |
| 2018-06-30 | $5.47 Million | -20.16% |
| 2017-06-30 | $6.85 Million | +438.22% |
| 2016-06-30 | $1.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ClearVue Technologies Limited'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 3638779600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $49.05 Million | 487.20% |
| Total Equity | $10.07 Million | 100.00% |
ClearVue Technologies Limited Competitors by Market Cap
The table below lists competitors of ClearVue Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paragon Union Bhd
KLSE:9407
|
$22.76 Million |
|
Promise Technology Inc
TW:3057
|
$22.76 Million |
|
YoungWoo DSP Co.Ltd
KQ:143540
|
$22.77 Million |
|
Celularity Inc
NASDAQ:CELU
|
$22.77 Million |
|
PRTR Group PCL
BK:PRTR
|
$22.76 Million |
|
Tarsons Products Limited
NSE:TARSONS
|
$22.74 Million |
|
Sendero Resources Corp.
V:SEND
|
$22.73 Million |
|
Data I/O Corporation
NASDAQ:DAIO
|
$22.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ClearVue Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,726,321 to 10,067,612, a change of -658,709 (-6.1%).
- Net loss of 12,492,332 reduced equity.
- Share repurchases of 464,727 reduced equity.
- New share issuances of 6,715,360 increased equity.
- Other factors increased equity by 5,582,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.49 Million | -124.08% |
| Share Repurchases | $464.73K | -4.62% |
| Share Issuances | $6.72 Million | +66.7% |
| Other Changes | $5.58 Million | +55.45% |
| Total Change | $- | -6.14% |
Book Value vs Market Value Analysis
This analysis compares ClearVue Technologies Limited'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: 2.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.96x to 2.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $0.12 | $0.12 | x |
| 2018-06-30 | $0.06 | $0.12 | x |
| 2019-06-30 | $0.03 | $0.12 | x |
| 2020-06-30 | $0.03 | $0.12 | x |
| 2021-06-30 | $0.09 | $0.12 | x |
| 2022-06-30 | $0.08 | $0.12 | x |
| 2023-06-30 | $0.05 | $0.12 | x |
| 2024-06-30 | $0.04 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ClearVue Technologies Limited 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): -124.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31379.10%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.57x
- Recent ROE (-124.08%) is below the historical average (-63.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -43.26% | 0.00% | 0.00x | 1.11x | $-677.47K |
| 2017 | -19.49% | -2195.37% | 0.01x | 1.16x | $-2.02 Million |
| 2018 | -62.96% | 0.00% | 0.00x | 1.06x | $-3.99 Million |
| 2019 | -127.37% | -16730.92% | 0.01x | 1.24x | $-4.16 Million |
| 2020 | -63.48% | 0.00% | 0.00x | 1.35x | $-2.37 Million |
| 2021 | -35.34% | 0.00% | 0.00x | 1.05x | $-8.87 Million |
| 2022 | -25.49% | -1458.64% | 0.02x | 1.07x | $-5.84 Million |
| 2023 | -69.86% | -11835.56% | 0.01x | 1.14x | $-8.57 Million |
| 2024 | -124.08% | -31379.10% | 0.00x | 1.57x | $-13.50 Million |
Industry Comparison
This section compares ClearVue Technologies Limited's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ClearVue Technologies Limited (CVUEF) | $13.51 Million | -43.26% | 0.17x | $22.76 Million |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |