Hiru Corporation
Ameerex Corporation operates as an investment and resource development company. Its portfolio covers critical minerals, precious metals, and energy assets. The company's interests include lithium projects in South America; the Corcoran Canyon silver-gold project in North America; the Balfour copper-cobalt project in Australia; and oil and gas assets in North America. The company was formerly know… Read more
Hiru Corporation (HIRU) - Net Assets
Latest net assets as of September 2024: $86.53 Million USD
Based on the latest financial reports, Hiru Corporation (HIRU) has net assets worth $86.53 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($94.93 Million) and total liabilities ($8.40 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 | $86.53 Million |
| % of Total Assets | 91.15% |
| Annual Growth Rate | -1.79% |
| 5-Year Change | N/A |
| 10-Year Change | -83.34% |
| Growth Volatility | 187.37 |
Hiru Corporation - Net Assets Trend (1994–2023)
This chart illustrates how Hiru 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 Hiru Corporation (1994–2023)
The table below shows the annual net assets of Hiru Corporation from 1994 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.31 Million | +211.41% |
| 2022-12-31 | $741.55K | +328.31% |
| 2021-12-31 | $-324.80K | +31.08% |
| 2020-12-31 | $-471.29K | -1.16% |
| 2019-12-31 | $-465.87K | -0.50% |
| 2018-12-31 | $-463.56K | -0.69% |
| 2016-12-31 | $-460.41K | -1.32% |
| 2015-12-31 | $-454.43K | -102.82% |
| 2009-12-31 | $16.14 Million | +16.44% |
| 2008-12-31 | $13.86 Million | +122.68% |
| 2000-12-31 | $-61.12 Million | -109.06% |
| 1999-12-31 | $-29.24 Million | -785.94% |
| 1998-12-31 | $-3.30 Million | -375.00% |
| 1997-12-31 | $1.20 Million | -94.76% |
| 1996-12-31 | $22.90 Million | +129.00% |
| 1995-12-31 | $10.00 Million | +156.41% |
| 1994-12-31 | $3.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hiru 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 356775300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.94 Million | 127.37% |
| Other Comprehensive Income | $-2.94 Million | -127.37% |
| Other Components | $2.94 Million | 127.38% |
| Total Equity | $2.31 Million | 100.00% |
Hiru Corporation Competitors by Market Cap
The table below lists competitors of Hiru Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BERKELEY GRP - Dusseldorf Stock Exchang
DU:42BA
|
$429.28K |
|
Intergama
TA:INTR
|
$429.77K |
|
LifeX 2030 Income Bucket ETF
BATS:BCKT
|
$429.99K |
|
X Bioscience Public Company Limited
BK:XBIO
|
$430.24K |
|
Allied Resources Inc
PINK:ALOD
|
$428.76K |
|
Tanke Biosciences Corporation
PINK:TNBI
|
$428.17K |
|
CENTRAL SEC. DL 1
F:9G6
|
$428.16K |
|
OMEGA HLTH INV REIT (WX4.SG)
STU:WX4
|
$428.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hiru Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 741,553 to 2,309,278, a change of 1,567,725 (211.4%).
- Net income of 567,725 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,000,001.
- Other factors increased equity by 2,000,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $567.73K | +24.58% |
| Other Comprehensive Income | $-1.00 Million | -43.3% |
| Other Changes | $2.00 Million | +86.61% |
| Total Change | $- | 211.41% |
Book Value vs Market Value Analysis
This analysis compares Hiru 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: 0.64x
- 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 increased from 0.01x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.09 | $0.00 | x |
| 1998-12-31 | $-0.24 | $0.00 | x |
| 1999-12-31 | $-2.17 | $0.00 | x |
| 2000-12-31 | $-4.67 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hiru 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): 24.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.80%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 4.46x
- Recent ROE (24.58%) is above the historical average (-72.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 23.53% | 0.86% | 2.28x | 12.00x | $460.00K |
| 1995 | 2.47% | 0.27% | 1.39x | 6.64x | $-610.00K |
| 1996 | 4.98% | 0.46% | 1.35x | 8.11x | $-1.11 Million |
| 1997 | -1750.00% | -6.99% | 1.77x | 141.92x | $-21.12 Million |
| 1998 | 0.00% | -1.80% | 1.90x | 0.00x | $-4.27 Million |
| 1999 | 0.00% | -10.85% | 2.43x | 0.00x | $-22.98 Million |
| 2000 | 0.00% | -14.09% | 2.75x | 0.00x | $-24.63 Million |
| 2008 | 27.72% | 18.35% | 0.44x | 3.40x | $2.46 Million |
| 2009 | 18.29% | 12.28% | 1.03x | 1.44x | $1.34 Million |
| 2015 | 0.00% | -23.53% | 0.27x | 0.00x | $37.18K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $44.76K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $44.58K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $44.28K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $41.71K |
| 2021 | 0.00% | 12.73% | 0.29x | 0.00x | $191.54K |
| 2022 | 409.43% | 25.63% | 1.39x | 11.47x | $2.96 Million |
| 2023 | 24.58% | 14.80% | 0.37x | 4.46x | $336.80K |
Industry Comparison
This section compares Hiru Corporation's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hiru Corporation (HIRU) | $86.53 Million | 23.53% | 0.10x | $428.98K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |