Etrion Corporation
Etrion Corporation does not have significant operations. Previously, it operated as a solar energy development company in Japan. The company was formerly known as PetroFalcon Corporation and changed its name to Etrion Corporation in September 2009. Etrion Corporation is based in Vancouver, Canada.
Etrion Corporation (ETRXF) - Net Assets
Latest net assets as of September 2025: $1.61 Million USD
Based on the latest financial reports, Etrion Corporation (ETRXF) has net assets worth $1.61 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 ($1.76 Million) and total liabilities ($155.00K). 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 | $1.61 Million |
| % of Total Assets | 91.22% |
| Annual Growth Rate | 5.38% |
| 5-Year Change | -71.92% |
| 10-Year Change | -5.68% |
| Growth Volatility | 261.18 |
Etrion Corporation - Net Assets Trend (1997–2024)
This chart illustrates how Etrion Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Etrion Corporation (1997–2024)
The table below shows the annual net assets of Etrion Corporation from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.04 Million | -17.90% |
| 2023-12-31 | $7.36 Million | -43.53% |
| 2022-12-31 | $13.03 Million | -25.37% |
| 2021-12-31 | $17.46 Million | -18.85% |
| 2020-12-31 | $21.51 Million | +793.94% |
| 2019-12-31 | $-3.10 Million | -205.84% |
| 2018-12-31 | $2.93 Million | -70.25% |
| 2017-12-31 | $9.85 Million | +121.27% |
| 2016-12-31 | $-46.29 Million | -822.81% |
| 2015-12-31 | $6.40 Million | -80.55% |
| 2014-12-31 | $32.93 Million | +390.44% |
| 2013-12-31 | $-11.34 Million | +22.59% |
| 2012-12-31 | $-14.65 Million | -671.66% |
| 2011-12-31 | $2.56 Million | -92.63% |
| 2010-12-31 | $34.78 Million | +16.50% |
| 2009-12-31 | $29.85 Million | -65.88% |
| 2008-12-31 | $87.48 Million | +67.32% |
| 2007-12-31 | $52.29 Million | -2.84% |
| 2006-12-31 | $53.81 Million | +14.49% |
| 2005-12-31 | $47.00 Million | +18.58% |
| 2004-12-31 | $39.64 Million | +283.61% |
| 2003-12-31 | $10.33 Million | +366.82% |
| 2002-12-31 | $2.21 Million | -35.28% |
| 2001-12-31 | $3.42 Million | -59.39% |
| 2000-12-31 | $8.42 Million | +429.74% |
| 1999-12-31 | $1.59 Million | +53.81% |
| 1998-12-31 | $1.03 Million | -29.64% |
| 1997-12-31 | $1.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Etrion Corporation'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 141541000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.06 Million | 34.02% |
| Other Comprehensive Income | $-1.89 Million | -31.32% |
| Other Components | $9.46 Million | 156.64% |
| Total Equity | $6.04 Million | 100.00% |
Etrion Corporation Competitors by Market Cap
The table below lists competitors of Etrion Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GPAR3F
SA:GPAR3F
|
$19.88K |
|
SynPower Co., Ltd.
TW:6658
|
$19.89K |
|
21Shares Tezos staking ETP
XETRA:AXTZ
|
$19.90K |
|
Elamex SA de CV
PINK:ELAMF
|
$19.91K |
|
STBP3Q
SA:STBP3Q
|
$19.86K |
|
Brickability Group Plc
LSE:BRCK
|
$19.83K |
|
EVR
AT:EVR
|
$19.81K |
|
Edison S.p.A.
F:EDXR
|
$19.81K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Etrion Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,357,000 to 6,040,000, a change of -1,317,000 (-17.9%).
- Net loss of 691,000 reduced equity.
- Other comprehensive income decreased equity by 626,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-691.00K | -11.44% |
| Other Comprehensive Income | $-626.00K | -10.36% |
| Total Change | $- | -17.90% |
Book Value vs Market Value Analysis
This analysis compares Etrion Corporation'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.10 | $0.00 | x |
| 1998-12-31 | $0.08 | $0.00 | x |
| 1999-12-31 | $0.11 | $0.00 | x |
| 2000-12-31 | $0.50 | $0.00 | x |
| 2001-12-31 | $0.16 | $0.00 | x |
| 2002-12-31 | $0.15 | $0.00 | x |
| 2003-12-31 | $0.22 | $0.00 | x |
| 2004-12-31 | $0.58 | $0.00 | x |
| 2005-12-31 | $0.62 | $0.00 | x |
| 2006-12-31 | $0.66 | $0.00 | x |
| 2007-12-31 | $0.60 | $0.00 | x |
| 2008-12-31 | $0.58 | $0.00 | x |
| 2009-12-31 | $0.19 | $0.00 | x |
| 2010-12-31 | $0.21 | $0.00 | x |
| 2011-12-31 | $0.01 | $0.00 | x |
| 2012-12-31 | $-0.07 | $0.00 | x |
| 2013-12-31 | $-0.06 | $0.00 | x |
| 2014-12-31 | $0.09 | $0.00 | x |
| 2015-12-31 | $0.02 | $0.00 | x |
| 2016-12-31 | $-0.04 | $0.00 | x |
| 2017-12-31 | $0.03 | $0.00 | x |
| 2018-12-31 | $0.01 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $0.06 | $0.00 | x |
| 2021-12-31 | $0.05 | $0.00 | x |
| 2022-12-31 | $0.04 | $0.00 | x |
| 2023-12-31 | $0.02 | $0.00 | x |
| 2024-12-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Etrion Corporation 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): -11.44%
- 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: 1.06x
- Recent ROE (-11.44%) is above the historical average (-61.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -61.88% | -1299.41% | 0.05x | 1.05x | $-1.06 Million |
| 1998 | -68.78% | -1100.55% | 0.06x | 1.06x | $-814.37K |
| 1999 | -56.55% | -1300.58% | 0.04x | 1.04x | $-1.06 Million |
| 2000 | -16.26% | -102932330.83% | 0.00x | 1.06x | $-2.21 Million |
| 2001 | -150.04% | -2378.09% | 0.06x | 1.13x | $-5.47 Million |
| 2002 | -64.56% | -2703.16% | 0.02x | 1.03x | $-1.65 Million |
| 2003 | 6.24% | 19.88% | 0.21x | 1.48x | $-388.48K |
| 2004 | 5.33% | 26.43% | 0.18x | 1.13x | $-1.85 Million |
| 2005 | 2.15% | 8.92% | 0.16x | 1.51x | $-3.69 Million |
| 2006 | -12.44% | -60.15% | 0.14x | 1.43x | $-12.08 Million |
| 2007 | -6.86% | 0.00% | 0.00x | 1.12x | $-8.82 Million |
| 2008 | -26.51% | 0.00% | 0.00x | 1.01x | $-31.94 Million |
| 2009 | -197.84% | 0.00% | 0.00x | 1.45x | $-62.04 Million |
| 2010 | -52.11% | -156.69% | 0.03x | 12.83x | $-21.60 Million |
| 2011 | -1026.11% | -50.64% | 0.11x | 182.50x | $-26.55 Million |
| 2012 | 0.00% | -15.20% | 0.12x | 0.00x | $-6.99 Million |
| 2013 | 0.00% | -19.10% | 0.10x | 0.00x | $-9.07 Million |
| 2014 | -54.54% | -33.02% | 0.07x | 22.24x | $-19.39 Million |
| 2015 | -217.88% | -30.36% | 0.08x | 87.24x | $-16.02 Million |
| 2016 | 0.00% | -283.29% | 0.05x | 0.00x | $-41.67 Million |
| 2017 | 216.54% | 89.49% | 0.10x | 23.49x | $18.65 Million |
| 2018 | -494.05% | -45.53% | 0.10x | 113.09x | $-9.06 Million |
| 2019 | 0.00% | -22.32% | 0.06x | 0.00x | $-4.57 Million |
| 2020 | 104.99% | 67.62% | 0.09x | 17.74x | $20.43 Million |
| 2021 | 591.52% | 309.16% | 1.58x | 1.21x | $101.52 Million |
| 2022 | -65.41% | 0.00% | 0.00x | 1.12x | $-9.82 Million |
| 2023 | -71.59% | 0.00% | 0.00x | 1.39x | $-6.00 Million |
| 2024 | -11.44% | 0.00% | 0.00x | 1.06x | $-1.29 Million |
Industry Comparison
This section compares Etrion Corporation's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Etrion Corporation (ETRXF) | $1.61 Million | -61.88% | 0.10x | $19.87K |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |