EvoAir Holdings Inc.
EvoAir Holdings Inc. engages in the research, development, manufacturing, trading, and sale of heating, ventilation, and air conditioning (HVAC) products and related services in Asia, Singapore, Malaysia, Cambodia, BVI, and China. The company offers portable air-conditioners under the e-Cond EVO brand name; hybrid air-conditioners and Coolpressor under the EvoAir brand name; air-conditioner indoo… Read more
EvoAir Holdings Inc. (EVOH) - Net Assets
Latest net assets as of November 2025: $41.44 Million USD
Based on the latest financial reports, EvoAir Holdings Inc. (EVOH) has net assets worth $41.44 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.98 Million) and total liabilities ($3.55 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 | $41.44 Million |
| % of Total Assets | 92.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | 2403.19% |
| 10-Year Change | N/A |
| Growth Volatility | 2055.08 |
EvoAir Holdings Inc. - Net Assets Trend (2020–2025)
This chart illustrates how EvoAir Holdings 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 EvoAir Holdings Inc. (2020–2025)
The table below shows the annual net assets of EvoAir Holdings Inc. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $42.44 Million | -17.56% |
| 2024-08-31 | $51.48 Million | -33.87% |
| 2023-08-31 | $77.85 Million | -4.88% |
| 2022-08-31 | $81.84 Million | +4727.18% |
| 2021-08-31 | $1.70 Million | +31608.85% |
| 2020-08-31 | $-5.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to EvoAir Holdings 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 decreased by 5399763800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.18K | 0.06% |
| Other Comprehensive Income | $-85.60K | -0.20% |
| Other Components | $96.53 Million | 227.44% |
| Total Equity | $42.44 Million | 100.00% |
EvoAir Holdings Inc. Competitors by Market Cap
The table below lists competitors of EvoAir Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wysiwyg Studios Co. Ltd
KQ:299900
|
$30.71 Million |
|
Dongyang Expre
KO:084670
|
$30.72 Million |
|
K Wave Media Ltd.
NASDAQ:KWM
|
$30.72 Million |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
$30.73 Million |
|
Heritage Global Inc
NASDAQ:HGBL
|
$30.71 Million |
|
Toho Titanium Co Ltd
OTCQX:TTNMF
|
$30.69 Million |
|
S Prime Growth Leasehold Real Estate Investment Trust
BK:SPRIME
|
$30.69 Million |
|
SMC Investment Trading JSC
VN:SMC
|
$30.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EvoAir Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 52,088,820 to 42,441,427, a change of -9,647,393 (-18.5%).
- Net loss of 14,663,633 reduced equity.
- Other comprehensive income decreased equity by 85,598.
- Other factors increased equity by 5,101,838.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.66 Million | -34.55% |
| Other Comprehensive Income | $-85.60K | -0.2% |
| Other Changes | $5.10 Million | +12.02% |
| Total Change | $- | -18.52% |
Book Value vs Market Value Analysis
This analysis compares EvoAir Holdings 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
- Current price-to-book ratio: 14.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | $0.00 | $23.00 | x |
| 2021-08-31 | $2.06 | $23.00 | x |
| 2022-08-31 | $3.22 | $23.00 | x |
| 2023-08-31 | $3.05 | $23.00 | x |
| 2024-08-31 | $2.03 | $23.00 | x |
| 2025-08-31 | $1.58 | $23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EvoAir Holdings 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): -34.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5151.17%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.08x
- Recent ROE (-34.55%) is below the historical average (-28.23%), suggesting potential challenges in 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 | $-13.83K |
| 2021 | -71.02% | -140.02% | 0.23x | 2.20x | $-1.24 Million |
| 2022 | -6.39% | -439.43% | 0.01x | 1.01x | $-13.42 Million |
| 2023 | -7.77% | -1561.16% | 0.00x | 1.01x | $-13.86 Million |
| 2024 | -49.68% | -8222.76% | 0.01x | 1.02x | $-31.09 Million |
| 2025 | -34.55% | -5151.17% | 0.01x | 1.08x | $-18.91 Million |
Industry Comparison
This section compares EvoAir Holdings Inc.'s net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $287,437,890
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EvoAir Holdings Inc. (EVOH) | $41.44 Million | 0.00% | 0.09x | $30.71 Million |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.36 Billion |
| AC Partners Inc (ACPS) | $705.96K | -5.90% | 0.29x | $4.89K |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.44 Billion | 16.90% | 0.16x | $2.07 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $91.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $19.81 Million | 35.10% | 0.81x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $406.19 Million | 16.09% | 0.62x | $694.45 Million |
| Alpha Pro Tech Ltd (APT) | $7.10 Million | 15.49% | 0.41x | $38.91 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $253.70 Million |