Ceres Power Holdings plc
Ceres Power Holdings plc engages in the development and commercialization of fuel cell and electrochemical technology in Europe, Asia, and North America. The company offers a solid oxide electrolysis cell (SOEC) technology to produce green hydrogen; and a solid oxide fuel cell (SOFC) technology for distributed power generation, commercial power, and marine and motive power sectors. It is also inv… Read more
Ceres Power Holdings plc (CPWHF) - Net Assets
Latest net assets as of June 2025: $134.56 Million USD
Based on the latest financial reports, Ceres Power Holdings plc (CPWHF) has net assets worth $134.56 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($162.41 Million) and total liabilities ($27.85 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 | $134.56 Million |
| % of Total Assets | 82.85% |
| Annual Growth Rate | 18.23% |
| 5-Year Change | 26.6% |
| 10-Year Change | 723.47% |
| Growth Volatility | 146.28 |
Ceres Power Holdings plc - Net Assets Trend (2001–2024)
This chart illustrates how Ceres Power Holdings plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ceres Power Holdings plc (2001–2024)
The table below shows the annual net assets of Ceres Power Holdings plc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $153.83 Million | -14.84% |
| 2023-12-31 | $180.63 Million | -23.91% |
| 2022-12-31 | $237.40 Million | -15.41% |
| 2021-12-31 | $280.65 Million | +130.97% |
| 2020-12-31 | $121.51 Million | +43.90% |
| 2018-12-31 | $84.44 Million | +629.08% |
| 2017-12-31 | $11.58 Million | -43.37% |
| 2016-12-31 | $20.45 Million | +120.21% |
| 2015-12-31 | $9.29 Million | -50.29% |
| 2014-12-31 | $18.68 Million | +131.40% |
| 2013-12-31 | $8.07 Million | -44.74% |
| 2012-12-31 | $14.61 Million | -25.11% |
| 2011-12-31 | $19.51 Million | -44.26% |
| 2010-12-31 | $35.00 Million | -24.05% |
| 2009-12-31 | $46.08 Million | +79.49% |
| 2008-12-31 | $25.67 Million | +146.77% |
| 2007-12-31 | $10.40 Million | -28.65% |
| 2006-12-31 | $14.58 Million | -9.21% |
| 2005-12-31 | $16.06 Million | -11.67% |
| 2004-12-31 | $18.18 Million | +208.31% |
| 2004-06-30 | $5.90 Million | +188.08% |
| 2003-12-31 | $2.05 Million | -37.30% |
| 2002-12-31 | $3.27 Million | 0.00% |
| 2001-12-31 | $3.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ceres Power Holdings plc'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 28229900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.37 Million | 12.59% |
| Other Comprehensive Income | $10.91 Million | 7.09% |
| Other Components | $406.65 Million | 264.35% |
| Total Equity | $153.83 Million | 100.00% |
Ceres Power Holdings plc Competitors by Market Cap
The table below lists competitors of Ceres Power Holdings plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mountain Commerce Bancorp Inc
OTCQX:MCBI
|
$110.47 Million |
|
LINE Pay Taiwan Limited
TW:7722
|
$110.48 Million |
|
Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848
|
$110.58 Million |
|
Samil Pharm
KO:000520
|
$110.58 Million |
|
Bahvest Resources Bhd
KLSE:0098
|
$110.44 Million |
|
Zhen Ding Resources Inc
PINK:RBTK
|
$110.41 Million |
|
Rent the Runway Inc
NASDAQ:RENT
|
$110.40 Million |
|
Zhangjiagang Elegant Home Tech Co Ltd
SHG:603221
|
$110.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ceres Power Holdings plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 180,635,000 to 153,833,000, a change of -26,802,000 (-14.8%).
- Net loss of 28,305,000 reduced equity.
- New share issuances of 539,000 increased equity.
- Other comprehensive income increased equity by 7,462,999.
- Other factors decreased equity by 6,498,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.30 Million | -18.4% |
| Share Issuances | $539.00K | +0.35% |
| Other Comprehensive Income | $7.46 Million | +4.85% |
| Other Changes | $-6.50 Million | -4.22% |
| Total Change | $- | -14.84% |
Book Value vs Market Value Analysis
This analysis compares Ceres Power Holdings plc'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: 0.90x
- 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 1.21x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.59 | $0.71 | x |
| 2003-12-31 | $0.37 | $0.71 | x |
| 2004-06-30 | $1.41 | $0.71 | x |
| 2004-12-31 | $3.23 | $0.71 | x |
| 2005-12-31 | $2.81 | $0.71 | x |
| 2006-12-31 | $2.46 | $0.71 | x |
| 2007-12-31 | $1.66 | $0.71 | x |
| 2008-12-31 | $3.83 | $0.71 | x |
| 2009-12-31 | $5.94 | $0.71 | x |
| 2010-12-31 | $4.05 | $0.71 | x |
| 2011-12-31 | $2.26 | $0.71 | x |
| 2012-12-31 | $0.50 | $0.71 | x |
| 2013-12-31 | $0.15 | $0.71 | x |
| 2014-12-31 | $0.25 | $0.71 | x |
| 2015-12-31 | $0.12 | $0.71 | x |
| 2016-12-31 | $0.22 | $0.71 | x |
| 2017-12-31 | $0.11 | $0.71 | x |
| 2018-12-31 | $0.60 | $0.71 | x |
| 2020-12-31 | $0.75 | $0.71 | x |
| 2021-12-31 | $1.51 | $0.71 | x |
| 2022-12-31 | $1.22 | $0.71 | x |
| 2023-12-31 | $0.94 | $0.71 | x |
| 2024-12-31 | $0.80 | $0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ceres Power Holdings plc 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): -18.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -54.55%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.18x
- Recent ROE (-18.40%) is above the historical average (-41.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -25.82% | 0.00% | 0.00x | 1.05x | $-1.17 Million |
| 2003 | -60.28% | 0.00% | 0.00x | 1.02x | $-1.44 Million |
| 2004 | -28.18% | 0.00% | 0.00x | 1.02x | $-2.25 Million |
| 2004 | -14.58% | -3733.80% | 0.00x | 1.03x | $-4.47 Million |
| 2005 | -23.54% | -3437.27% | 0.01x | 1.03x | $-5.39 Million |
| 2006 | -33.50% | -4984.69% | 0.01x | 1.06x | $-6.34 Million |
| 2007 | -47.97% | -691.14% | 0.06x | 1.13x | $-6.03 Million |
| 2008 | -31.08% | -838.03% | 0.03x | 1.07x | $-10.55 Million |
| 2009 | -25.44% | -1491.48% | 0.02x | 1.12x | $-16.33 Million |
| 2010 | -39.49% | -1997.25% | 0.02x | 1.15x | $-17.32 Million |
| 2011 | -76.38% | -6592.92% | 0.01x | 1.27x | $-16.85 Million |
| 2012 | -77.87% | -2174.95% | 0.03x | 1.31x | $-12.84 Million |
| 2013 | -91.58% | -604.00% | 0.10x | 1.46x | $-8.20 Million |
| 2014 | -53.75% | -3099.07% | 0.01x | 1.22x | $-11.91 Million |
| 2015 | -112.63% | -939.80% | 0.09x | 1.33x | $-11.39 Million |
| 2016 | -46.00% | -301.64% | 0.13x | 1.17x | $-11.45 Million |
| 2017 | -85.68% | -156.80% | 0.38x | 1.44x | $-11.08 Million |
| 2018 | -5.72% | -31.59% | 0.16x | 1.10x | $-13.28 Million |
| 2020 | -8.13% | -46.76% | 0.14x | 1.21x | $-22.03 Million |
| 2021 | -7.52% | -68.53% | 0.10x | 1.07x | $-49.16 Million |
| 2022 | -20.37% | -240.63% | 0.08x | 1.12x | $-70.99 Million |
| 2023 | -29.90% | -241.93% | 0.11x | 1.14x | $-72.07 Million |
| 2024 | -18.40% | -54.55% | 0.29x | 1.18x | $-43.69 Million |
Industry Comparison
This section compares Ceres Power Holdings plc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ceres Power Holdings plc (CPWHF) | $134.56 Million | -25.82% | 0.21x | $110.45 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |