First Hydrogen Corp
First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada and the United Kingdom. The company designs and develops hydrogen-fuel-cell-powered vehicle. It also provides hydrogen powertrain platform for marine, agriculture, industrial machinery, commercial trucks, camper vans, backup pow… Read more
First Hydrogen Corp (FHYDF) - Net Assets
Latest net assets as of September 2025: $-5.94 Million USD
Based on the latest financial reports, First Hydrogen Corp (FHYDF) has net assets worth $-5.94 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 ($1.21 Million) and total liabilities ($7.15 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 | $-5.94 Million |
| % of Total Assets | -490.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | -614.27% |
| 10-Year Change | N/A |
| Growth Volatility | 156.54 |
First Hydrogen Corp - Net Assets Trend (2013–2025)
This chart illustrates how First Hydrogen Corp'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 Hydrogen Corp (2013–2025)
The table below shows the annual net assets of First Hydrogen Corp from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-5.68 Million | -166.39% |
| 2024-03-31 | $-2.13 Million | -295.71% |
| 2023-03-31 | $1.09 Million | -2.80% |
| 2022-03-31 | $1.12 Million | +1.48% |
| 2021-03-31 | $1.10 Million | +113.72% |
| 2020-03-31 | $516.70K | +28.30% |
| 2019-03-31 | $402.72K | -17.81% |
| 2018-03-31 | $489.98K | +421.47% |
| 2017-03-31 | $-152.42K | +1.41% |
| 2016-03-31 | $-154.59K | -75.73% |
| 2015-03-31 | $-87.97K | -166.50% |
| 2014-03-31 | $-33.01K | -324.60% |
| 2013-03-31 | $14.70K | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Hydrogen Corp'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 4208538600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.71 Million | % |
| Other Comprehensive Income | $45.00 | % |
| Other Components | $5.09 Million | % |
| Total Equity | $-5.68 Million | 100.00% |
First Hydrogen Corp Competitors by Market Cap
The table below lists competitors of First Hydrogen Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CyberCatch Holdings Inc.
V:CYBE
|
$19.43 Million |
|
WIN HANVERKY
MU:N2R
|
$19.43 Million |
|
TINYBUILD REGSCAT3 DL-001
F:8Z3
|
$19.43 Million |
|
Pusan Cast Iron Co., Ltd.
KO:005030
|
$19.44 Million |
|
NatureWise Biotech & Medicals Corporation
TWO:4732
|
$19.42 Million |
|
Alfabs Australia Ltd
AU:AAL
|
$19.42 Million |
|
Alpha Exploration Ltd
V:ALEX
|
$19.42 Million |
|
Soosung Innovation Co. Ltd.
KQ:084180
|
$19.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Hydrogen Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -2,131,850 to -5,679,061, a change of -3,547,211.
- Net loss of 5,066,816 reduced equity.
- Other comprehensive income decreased equity by 20,216.
- Other factors increased equity by 1,539,821.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.07 Million | -89.22% |
| Other Comprehensive Income | $-20.22K | -0.36% |
| Other Changes | $1.54 Million | +27.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares First Hydrogen Corp'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | $0.02 | $0.32 | x |
| 2014-03-31 | $-0.04 | $0.32 | x |
| 2015-03-31 | $-0.11 | $0.32 | x |
| 2016-03-31 | $-0.20 | $0.32 | x |
| 2017-03-31 | $-0.19 | $0.32 | x |
| 2018-03-31 | $0.08 | $0.32 | x |
| 2019-03-31 | $0.04 | $0.32 | x |
| 2020-03-31 | $0.03 | $0.32 | x |
| 2021-03-31 | $0.03 | $0.32 | x |
| 2022-03-31 | $0.02 | $0.32 | x |
| 2023-03-31 | $0.02 | $0.32 | x |
| 2024-03-31 | $-0.03 | $0.32 | x |
| 2025-03-31 | $-0.08 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Hydrogen Corp 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-211.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -325.79% | 0.00% | 0.00x | 9.32x | $-49.35K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-44.41K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.16K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-51.16K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.16K |
| 2018 | -19.18% | 0.00% | 0.00x | 1.08x | $-143.00K |
| 2019 | -21.67% | 0.00% | 0.00x | 1.20x | $-127.53K |
| 2020 | -115.55% | -197.63% | 0.51x | 1.14x | $-648.72K |
| 2021 | -222.86% | -814.61% | 0.12x | 2.25x | $-2.57 Million |
| 2022 | -791.31% | -5540.48% | 0.03x | 4.59x | $-8.98 Million |
| 2023 | -1259.16% | -8569.10% | 0.04x | 3.89x | $-13.82 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.70 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.50 Million |
Industry Comparison
This section compares First Hydrogen Corp's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Hydrogen Corp (FHYDF) | $-5.94 Million | -325.79% | N/A | $19.42 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |