First Hartford Corporation
First Hartford Corporation, together with its subsidiaries, engages in the purchase, construction, development, ownership, management, rental, and sale of real estate properties in the United States. It operates through two segments, Real Estate Operations and Fee for Service. The company owns interests in various properties, which are used as shopping centers, restaurants, police stations, and a… Read more
First Hartford Corporation (FHRT) - Net Assets
Latest net assets as of October 2025: $20.75 Million USD
Based on the latest financial reports, First Hartford Corporation (FHRT) has net assets worth $20.75 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($280.07 Million) and total liabilities ($259.33 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 | $20.75 Million |
| % of Total Assets | 7.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | -90.58% |
| 10-Year Change | N/A |
| Growth Volatility | 87484.98 |
First Hartford Corporation - Net Assets Trend (1998–2025)
This chart illustrates how First Hartford 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 First Hartford Corporation (1998–2025)
The table below shows the annual net assets of First Hartford Corporation from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $23.68 Million | +209.34% |
| 2024-04-30 | $7.66 Million | -44.58% |
| 2023-04-30 | $13.81 Million | +6.71% |
| 2022-04-30 | $12.94 Million | -94.85% |
| 2021-04-30 | $251.44 Million | -1.47% |
| 2020-04-30 | $255.19 Million | +264518.95% |
| 2018-04-30 | $96.44K | +106.92% |
| 2017-04-30 | $-1.39 Million | +69.40% |
| 2016-04-30 | $-4.55 Million | -10.68% |
| 2015-04-30 | $-4.11 Million | +78.85% |
| 2014-04-30 | $-19.44 Million | -52.42% |
| 2013-04-30 | $-12.76 Million | -495.91% |
| 2012-04-30 | $-2.14 Million | +57.95% |
| 2011-04-30 | $-5.09 Million | -92.76% |
| 2010-04-30 | $-2.64 Million | +1.99% |
| 2009-04-30 | $-2.69 Million | -166.30% |
| 2008-04-30 | $4.06 Million | +17.00% |
| 2007-04-30 | $3.47 Million | +497.13% |
| 2006-04-30 | $-874.65K | +45.14% |
| 2005-04-30 | $-1.59 Million | -24.36% |
| 2004-04-30 | $-1.28 Million | +78.21% |
| 2003-04-30 | $-5.88 Million | +51.00% |
| 2002-04-30 | $-12.01 Million | -3.22% |
| 2001-04-30 | $-11.63 Million | -114.04% |
| 2000-04-30 | $-5.43 Million | -20.01% |
| 1999-04-30 | $-4.53 Million | +26.59% |
| 1998-04-30 | $-6.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Hartford 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 grown by 3677006600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.49 Million | 89.43% |
| Common Stock | $3.18 Million | 11.60% |
| Total Equity | $27.39 Million | 100.00% |
First Hartford Corporation Competitors by Market Cap
The table below lists competitors of First Hartford Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Planet Image International Limited Class A Ordinary Shares
NASDAQ:YIBO
|
$7.49 Million |
|
Torq Resources Inc
OTCQB:TRBMF
|
$7.49 Million |
|
Dilli Illustrate Inc
KQ:131180
|
$7.49 Million |
|
NICAN Limited
V:NICN
|
$7.50 Million |
|
Sella Real Estate
TA:SLARL
|
$7.48 Million |
|
Ropharma Bras
RO:RPH
|
$7.48 Million |
|
FIPP S.A.
PA:FIPP
|
$7.48 Million |
|
FACB Industries Incorporated
KLSE:2984
|
$7.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Hartford Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,262,391 to 27,385,812, a change of 11,123,421 (68.4%).
- Net income of 11,123,421 contributed positively to equity growth.
- Other comprehensive income decreased equity by 7,655,234.
- Other factors increased equity by 7,655,234.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.12 Million | +40.62% |
| Other Comprehensive Income | $-7.66 Million | -27.95% |
| Other Changes | $7.66 Million | +27.95% |
| Total Change | $- | 68.40% |
Book Value vs Market Value Analysis
This analysis compares First Hartford 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-04-30 | $-2.00 | $16.55 | x |
| 1999-04-30 | $-1.47 | $16.55 | x |
| 2000-04-30 | $-1.74 | $16.55 | x |
| 2001-04-30 | $-3.76 | $16.55 | x |
| 2002-04-30 | $-3.89 | $16.55 | x |
| 2003-04-30 | $-1.90 | $16.55 | x |
| 2004-04-30 | $-0.42 | $16.55 | x |
| 2005-04-30 | $-0.42 | $16.55 | x |
| 2006-04-30 | $-0.27 | $16.55 | x |
| 2007-04-30 | $-0.37 | $16.55 | x |
| 2008-04-30 | $-0.88 | $16.55 | x |
| 2009-04-30 | $-3.31 | $16.55 | x |
| 2010-04-30 | $-3.89 | $16.55 | x |
| 2011-04-30 | $-4.98 | $16.55 | x |
| 2012-04-30 | $-6.11 | $16.55 | x |
| 2013-04-30 | $-7.48 | $16.55 | x |
| 2014-04-30 | $-9.80 | $16.55 | x |
| 2015-04-30 | $-2.80 | $16.55 | x |
| 2016-04-30 | $-2.11 | $16.55 | x |
| 2017-04-30 | $-0.96 | $16.55 | x |
| 2018-04-30 | $-0.33 | $16.55 | x |
| 2020-04-30 | $112.44 | $16.55 | x |
| 2021-04-30 | $111.71 | $16.55 | x |
| 2022-04-30 | $115.82 | $16.55 | x |
| 2023-04-30 | $99.06 | $16.55 | x |
| 2024-04-30 | $7.14 | $16.55 | x |
| 2025-04-30 | $12.02 | $16.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Hartford 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): 40.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.35%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 9.25x
- Recent ROE (40.62%) is above the historical average (0.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | 47.70% | 3.13x | 0.00x | $12.81 Million |
| 1999 | 0.00% | -17.72% | 0.13x | 0.00x | $-54.69K |
| 2000 | 0.00% | -23.21% | 0.16x | 0.00x | $-362.74K |
| 2001 | 0.00% | -6.49% | 0.22x | 0.00x | $781.63K |
| 2002 | 0.00% | -2.98% | 0.24x | 0.00x | $1.01 Million |
| 2003 | 0.00% | 2.04% | 0.24x | 0.00x | $708.03K |
| 2004 | 0.00% | 120.98% | 0.13x | 0.00x | $4.76 Million |
| 2005 | 0.00% | -2.59% | 0.13x | 0.00x | $-36.19K |
| 2006 | 0.00% | 2.02% | 0.69x | 0.00x | $771.96K |
| 2007 | 0.00% | 0.09% | 0.15x | 0.00x | $127.60K |
| 2008 | 0.00% | -11.24% | 0.10x | 0.00x | $-1.08 Million |
| 2009 | 0.00% | -26.80% | 0.11x | 0.00x | $-3.13 Million |
| 2010 | 0.00% | -9.12% | 0.14x | 0.00x | $-954.76K |
| 2011 | 0.00% | -19.67% | 0.14x | 0.00x | $-2.96 Million |
| 2012 | 0.00% | -3.32% | 0.17x | 0.00x | $571.44K |
| 2013 | 0.00% | 0.40% | 0.19x | 0.00x | $2.05 Million |
| 2014 | 0.00% | -11.37% | 0.20x | 0.00x | $-2.30 Million |
| 2015 | 0.00% | 24.24% | 0.30x | 0.00x | $17.53 Million |
| 2016 | 0.00% | 2.86% | 0.26x | 0.00x | $2.28 Million |
| 2017 | 0.00% | 3.95% | 0.31x | 0.00x | $3.22 Million |
| 2018 | 0.00% | 1.90% | 0.33x | 0.00x | $1.65 Million |
| 2020 | -2.78% | -10.58% | 0.26x | 1.00x | $-33.01 Million |
| 2021 | 2.81% | 7.89% | 0.36x | 1.00x | $-18.31 Million |
| 2022 | 7.76% | 25.51% | 0.30x | 1.00x | $-5.91 Million |
| 2023 | 1.35% | 4.61% | 0.29x | 1.00x | $-21.08 Million |
| 2024 | -29.93% | -8.17% | 0.21x | 17.42x | $-6.49 Million |
| 2025 | 40.62% | 10.35% | 0.42x | 9.25x | $8.38 Million |
Industry Comparison
This section compares First Hartford Corporation's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Hartford Corporation (FHRT) | $20.75 Million | 0.00% | 12.50x | $7.48 Million |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |