Hydrogene De France SA

PA:HDF France Utilities - Renewable
Market Cap
$54.16 Million
€52.76 Million EUR
Market Cap Rank
#27652 Global
#271 in France
Share Price
€3.64
Change (1 day)
-2.41%
52-Week Range
€3.30 - €6.56
All Time High
€33.00
About

Hydrogène de France Société anonyme focuses on developing hydrogen infrastructure and multi-megawatt fuel cell technology. The company generates electricity from hydrogen. It serves power generation, heavy maritime, and rail mobility sectors. The company was incorporated in 2012 and is headquartered in Blanquefort, France.

Hydrogene De France SA (HDF) - Net Assets

Latest net assets as of June 2025: €82.52 Million EUR

Based on the latest financial reports, Hydrogene De France SA (HDF) has net assets worth €82.52 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€91.29 Million) and total liabilities (€8.77 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 €82.52 Million
% of Total Assets 90.39%
Annual Growth Rate 77.1%
5-Year Change 2676.14%
10-Year Change N/A
Growth Volatility 1140.55

Hydrogene De France SA - Net Assets Trend (2017–2024)

This chart illustrates how Hydrogene De France SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hydrogene De France SA (2017–2024)

The table below shows the annual net assets of Hydrogene De France SA from 2017 to 2024.

Year Net Assets Change
2024-12-31 €89.94 Million -10.68%
2023-12-31 €100.69 Million -6.25%
2022-12-31 €107.41 Million -1.59%
2021-12-31 €109.14 Million +3268.78%
2020-12-31 €3.24 Million +16.36%
2019-12-31 €2.78 Million +31.06%
2018-12-31 €2.12 Million +29.13%
2017-12-31 €1.65 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hydrogene De France SA'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 1086000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock €2.94 Million 3.27%
Other Comprehensive Income €-10.47 Million -11.64%
Other Components €108.33 Million 120.45%
Total Equity €89.94 Million 100.00%

Hydrogene De France SA Competitors by Market Cap

The table below lists competitors of Hydrogene De France SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hydrogene De France SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 100,695,000 to 89,944,000, a change of -10,751,000 (-10.7%).
  • Net loss of 10,860,000 reduced equity.
  • Share repurchases of 38,000 reduced equity.
  • New share issuances of 280,000 increased equity.
  • Other comprehensive income decreased equity by 7,716,000.
  • Other factors increased equity by 7,583,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-10.86 Million -12.07%
Share Repurchases €38.00K -0.04%
Share Issuances €280.00K +0.31%
Other Comprehensive Income €-7.72 Million -8.58%
Other Changes €7.58 Million +8.43%
Total Change €- -10.68%

Book Value vs Market Value Analysis

This analysis compares Hydrogene De France SA'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: 0.59x
  • 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 22.14x to 0.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €0.16 €3.64 x
2018-12-31 €0.21 €3.64 x
2019-12-31 €0.20 €3.64 x
2020-12-31 €0.24 €3.64 x
2021-12-31 €7.96 €3.64 x
2022-12-31 €7.79 €3.64 x
2023-12-31 €7.06 €3.64 x
2024-12-31 €6.13 €3.64 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hydrogene De France SA 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): -12.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -97.62%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 1.12x
  • Recent ROE (-12.07%) is below the historical average (4.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 22.46% 50.36% 0.27x 1.65x €264.65K
2019 22.27% 25.73% 0.54x 1.60x €341.66K
2020 12.91% 21.61% 0.24x 2.49x €94.31K
2021 -3.23% -397.75% 0.01x 1.06x €-14.43 Million
2022 -3.14% -97.37% 0.03x 1.09x €-14.11 Million
2023 -7.78% -199.21% 0.03x 1.15x €-17.91 Million
2024 -12.07% -97.62% 0.11x 1.12x €-19.85 Million

Industry Comparison

This section compares Hydrogene De France SA's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $19,453,392
  • Average return on equity (ROE) among peers: 1.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hydrogene De France SA (HDF) €82.52 Million 22.46% 0.11x $12.19 Million
E-Pango SA (ALAGO) $1.08 Million -16.69% 7.97x $2.60 Million
Agripower France Sa (ALAGP) $11.84 Million -19.01% 0.83x $3.74 Million
Charwood Energy SA (ALCWE) $10.12 Million -5.35% 0.41x $3.71 Million
Entech SE SAS (ALESE) $3.70 Million 15.01% 1.71x $51.95 Million
Haffner Energy SA (ALHAF) $-1.36 Million 0.00% 0.00x $1.41 Million
MINT Société anonyme (ALMIN) $8.17 Million 24.68% 5.61x $52.25K
Groupe OKwind (ALOKW) $7.39 Million 0.00% 1.40x $3.35 Million
Électricite de Strasbourg Société Anonyme (ELEC) $133.35 Million 26.74% 7.08x $172.77 Million
Blue Shark Power System SA (MLBSP) $791.46K -12.15% 0.06x $30.72K