Hardwoods Distribution Inc
ADENTRA Inc. engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States. It offers doors, decorative surfaces, mouldings, stair parts, hardwood lumber, hardwood plywood, composite panels, outdoor living, and other building products to industrial manufacturers, home builder dis… Read more
Hardwoods Distribution Inc (HDIUF) - Net Assets
Latest net assets as of September 2025: $650.84 Million USD
Based on the latest financial reports, Hardwoods Distribution Inc (HDIUF) has net assets worth $650.84 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 ($1.48 Billion) and total liabilities ($834.01 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 | $650.84 Million |
| % of Total Assets | 43.83% |
| Annual Growth Rate | 8.14% |
| 5-Year Change | 165.0% |
| 10-Year Change | 516.02% |
| Growth Volatility | 24.08 |
Hardwoods Distribution Inc - Net Assets Trend (2004–2024)
This chart illustrates how Hardwoods Distribution 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 Hardwoods Distribution Inc (2004–2024)
The table below shows the annual net assets of Hardwoods Distribution Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $634.57 Million | +20.44% |
| 2023-12-31 | $526.87 Million | +3.92% |
| 2022-12-31 | $506.97 Million | +22.45% |
| 2021-12-31 | $414.03 Million | +72.90% |
| 2020-12-31 | $239.46 Million | +10.35% |
| 2019-12-31 | $216.99 Million | +3.36% |
| 2018-12-31 | $209.93 Million | +10.54% |
| 2017-12-31 | $189.92 Million | +12.95% |
| 2016-12-31 | $168.14 Million | +63.23% |
| 2015-12-31 | $103.01 Million | +10.22% |
| 2014-12-31 | $93.46 Million | +9.73% |
| 2013-12-31 | $85.17 Million | +11.46% |
| 2012-12-31 | $76.41 Million | +8.50% |
| 2011-12-31 | $70.42 Million | +10.08% |
| 2010-12-31 | $63.97 Million | +4.82% |
| 2009-12-31 | $61.03 Million | -9.26% |
| 2008-12-31 | $67.26 Million | -51.05% |
| 2007-12-31 | $137.39 Million | +8.82% |
| 2006-12-31 | $126.26 Million | -6.21% |
| 2005-12-31 | $134.62 Million | +1.38% |
| 2004-12-31 | $132.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hardwoods Distribution 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 grown by 32902500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $329.02 Million | 51.85% |
| Common Stock | $238.08 Million | 37.52% |
| Other Comprehensive Income | $-18.28 Million | -2.88% |
| Other Components | $85.75 Million | 13.51% |
| Total Equity | $634.57 Million | 100.00% |
Hardwoods Distribution Inc Competitors by Market Cap
The table below lists competitors of Hardwoods Distribution Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$447.19 Million |
|
PT Darma Henwa Tbk
F:0DH
|
$447.22 Million |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$447.37 Million |
|
DOMS Industries Limited
NSE:DOMS
|
$447.53 Million |
|
Usinas Siderurgicas de Minas Gerais
PINK:USNZY
|
$446.78 Million |
|
Metro AG
F:B4B
|
$446.69 Million |
|
Decai Decoration Co Ltd
SHG:605287
|
$446.60 Million |
|
Sabre Insurance Group plc
PINK:SBIGY
|
$446.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hardwoods Distribution Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 526,867,000 to 634,572,000, a change of 107,705,000 (20.4%).
- Net income of 46,478,000 contributed positively to equity growth.
- Dividend payments of 9,632,000 reduced retained earnings.
- New share issuances of 69,458,000 increased equity.
- Other comprehensive income decreased equity by 1,111,120.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $46.48 Million | +7.32% |
| Dividends Paid | $9.63 Million | -1.52% |
| Share Issuances | $69.46 Million | +10.95% |
| Other Comprehensive Income | $-1.11 Million | -0.18% |
| Other Changes | $2.51 Million | +0.4% |
| Total Change | $- | 20.44% |
Book Value vs Market Value Analysis
This analysis compares Hardwoods Distribution 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: 0.77x
- 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 2.60x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $7.43 | $19.33 | x |
| 2006-12-31 | $6.75 | $19.33 | x |
| 2007-12-31 | $7.43 | $19.33 | x |
| 2008-12-31 | $3.92 | $19.33 | x |
| 2009-12-31 | $3.66 | $19.33 | x |
| 2010-12-31 | $3.82 | $19.33 | x |
| 2011-12-31 | $4.51 | $19.33 | x |
| 2012-12-31 | $4.65 | $19.33 | x |
| 2013-12-31 | $5.12 | $19.33 | x |
| 2014-12-31 | $5.62 | $19.33 | x |
| 2015-12-31 | $6.14 | $19.33 | x |
| 2016-12-31 | $8.84 | $19.33 | x |
| 2017-12-31 | $8.84 | $19.33 | x |
| 2018-12-31 | $9.73 | $19.33 | x |
| 2019-12-31 | $10.10 | $19.33 | x |
| 2020-12-31 | $11.20 | $19.33 | x |
| 2021-12-31 | $19.16 | $19.33 | x |
| 2022-12-31 | $21.54 | $19.33 | x |
| 2023-12-31 | $23.29 | $19.33 | x |
| 2024-12-31 | $25.02 | $19.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hardwoods Distribution 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): 7.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.13%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 2.20x
- Recent ROE (7.32%) is above the historical average (7.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.44% | 5.04% | 1.38x | 1.64x | $1.53 Million |
| 2005 | 10.74% | 3.75% | 1.66x | 1.73x | $793.18K |
| 2006 | 3.21% | 1.00% | 1.83x | 1.75x | $-6.60 Million |
| 2007 | 14.74% | 4.71% | 1.91x | 1.64x | $5.07 Million |
| 2008 | -52.70% | -14.14% | 2.48x | 1.50x | $-35.43 Million |
| 2009 | -18.56% | -5.36% | 2.57x | 1.35x | $-15.05 Million |
| 2010 | 1.70% | 0.47% | 2.64x | 1.36x | $-4.59 Million |
| 2011 | 8.44% | 2.64% | 2.32x | 1.38x | $-1.10 Million |
| 2012 | 8.13% | 2.02% | 2.80x | 1.44x | $-1.43 Million |
| 2013 | 14.41% | 3.52% | 2.89x | 1.41x | $3.76 Million |
| 2014 | 12.92% | 3.08% | 2.83x | 1.48x | $2.73 Million |
| 2015 | 14.09% | 3.52% | 3.01x | 1.33x | $4.22 Million |
| 2016 | 10.56% | 3.02% | 2.13x | 1.64x | $938.99K |
| 2017 | 12.54% | 2.89% | 2.78x | 1.56x | $4.83 Million |
| 2018 | 11.09% | 2.80% | 2.55x | 1.56x | $2.29 Million |
| 2019 | 10.44% | 2.52% | 2.06x | 2.01x | $946.59K |
| 2020 | 11.71% | 2.87% | 2.13x | 1.92x | $4.09 Million |
| 2021 | 24.91% | 6.38% | 1.45x | 2.69x | $61.74 Million |
| 2022 | 25.38% | 4.99% | 1.81x | 2.82x | $77.97 Million |
| 2023 | 6.84% | 1.61% | 1.82x | 2.34x | $-16.64 Million |
| 2024 | 7.32% | 2.13% | 1.56x | 2.20x | $-16.98 Million |
Industry Comparison
This section compares Hardwoods Distribution Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hardwoods Distribution Inc (HDIUF) | $650.84 Million | 11.44% | 1.28x | $446.96 Million |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.65 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $335.15 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $9.10 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.15 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |