Hydrogen Engine Center Inc
Hydrogen Engine Center, Inc., an alternative energy company, manufactures and installs power generation systems and engines for use in the types of distributive power applications. The company's products include generators and wet-sleeve engines. It serves power generation, agriculture, airport service vehicles, stranded power, and transportation markets; and industrial clients that use alternati… Read more
Hydrogen Engine Center Inc (HYEG) - Net Assets
Latest net assets as of June 2025: $11.94 Million USD
Based on the latest financial reports, Hydrogen Engine Center Inc (HYEG) has net assets worth $11.94 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.78 Million) and total liabilities ($839.65K). 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 | $11.94 Million |
| % of Total Assets | 93.43% |
| Annual Growth Rate | 6.43% |
| 5-Year Change | N/A |
| 10-Year Change | 209.63% |
| Growth Volatility | 10032.88 |
Hydrogen Engine Center Inc - Net Assets Trend (2005–2024)
This chart illustrates how Hydrogen Engine Center 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 Hydrogen Engine Center Inc (2005–2024)
The table below shows the annual net assets of Hydrogen Engine Center Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.47 Million | +167.85% |
| 2023-12-31 | $3.91 Million | +28605.93% |
| 2022-12-31 | $13.62K | -96.16% |
| 2020-12-31 | $354.18K | +113.24% |
| 2018-12-31 | $-2.68 Million | -25.50% |
| 2017-12-31 | $-2.13 Million | -74.61% |
| 2016-12-31 | $-1.22 Million | +25.57% |
| 2015-12-31 | $-1.64 Million | -372.21% |
| 2008-12-31 | $602.68K | -82.18% |
| 2007-12-31 | $3.38 Million | -16.41% |
| 2006-12-31 | $4.05 Million | +26.23% |
| 2005-12-31 | $3.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hydrogen Engine Center 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 2328537600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $109.80K | 1.05% |
| Other Components | $33.70 Million | 321.94% |
| Total Equity | $10.47 Million | 100.00% |
Hydrogen Engine Center Inc Competitors by Market Cap
The table below lists competitors of Hydrogen Engine Center Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oilboy Energy L
KAR:OBOY
|
$264.89 |
|
Sorted Group Holdings Plc
LSE:SORT
|
$264.92 |
|
Macro Group Pharmaceuticals - Macro Capital
EGX:MCRO
|
$265.01 |
|
WTEC Group Berhad
KLSE:0352
|
$265.15 |
|
AGAPE GLOBAL INVESTMENTS LIMITED
SEM:DCPL
|
$264.68 |
|
Asia Aviation PCL
STU:55AA
|
$264.37 |
|
PT Bakrie & Brothers Tbk
BE:LFU2
|
$263.55 |
|
PHOSPHATE AUST
BE:PHO
|
$263.26 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hydrogen Engine Center Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,908,600 to 10,469,230, a change of 6,560,630 (167.9%).
- Net income of 494,407 contributed positively to equity growth.
- Other factors increased equity by 6,066,223.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $494.41K | +4.72% |
| Other Changes | $6.07 Million | +57.94% |
| Total Change | $- | 167.85% |
Book Value vs Market Value Analysis
This analysis compares Hydrogen Engine Center 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: 0.30x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $-0.01 | $0.03 | x |
| 2005-12-31 | $0.17 | $0.03 | x |
| 2006-12-31 | $0.16 | $0.03 | x |
| 2007-12-31 | $0.13 | $0.03 | x |
| 2008-12-31 | $0.02 | $0.03 | x |
| 2016-12-31 | $-0.02 | $0.03 | x |
| 2017-12-31 | $-0.04 | $0.03 | x |
| 2018-12-31 | $-0.05 | $0.03 | x |
| 2020-12-31 | $0.01 | $0.03 | x |
| 2022-12-31 | $0.00 | $0.03 | x |
| 2024-12-31 | $0.10 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hydrogen Engine Center 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): 4.72%
- 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: 1.04x
- Recent ROE (4.72%) is above the historical average (-88.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | -989.09% | 0.00x | 0.00x | $-188.59K |
| 2005 | -35.03% | -4657.97% | 0.00x | 1.50x | $-1.44 Million |
| 2006 | -142.19% | -2066.51% | 0.04x | 1.74x | $-6.16 Million |
| 2007 | -158.91% | -725.30% | 0.12x | 1.77x | $-5.71 Million |
| 2008 | -557.18% | -247.09% | 0.35x | 6.37x | $-3.42 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.77 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.44 Million |
| 2017 | 0.00% | -3765.43% | 0.03x | 0.00x | $-1.37 Million |
| 2018 | 0.00% | -372.00% | 0.11x | 0.00x | $-276.44K |
| 2024 | 4.72% | 0.00% | 0.00x | 1.04x | $-552.52K |
Industry Comparison
This section compares Hydrogen Engine Center Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,545,576,244
- Average return on equity (ROE) among peers: -138.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hydrogen Engine Center Inc (HYEG) | $11.94 Million | 0.00% | 0.07x | $264.80 |
| ABB Ltd (ABBNY) | $13.98 Billion | 7.80% | 2.30x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $214.11 Million | -0.26% | 0.04x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $201.93 Million |
| Advanced Energy Industries Inc (AEIS) | $214.34 Million | -14.64% | 1.10x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $5.62 Million | -85.17% | 0.30x | $91.15 Million |
| Alfen N.V (ALFNF) | $5.26 Million | 0.00% | 1.87x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $1.17 Million | -634.56% | 4.70x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $162.71 Million | -8.39% | 0.90x | $17.55 Million |
| Astro Communications Inc (ASTO) | $6.13 Million | -7.08% | 0.13x | $18.76K |
| Atkore International Group Inc (ATKR) | $864.74 Million | 67.98% | 1.56x | $1.69 Billion |