Oceanic Wind Energy Inc
Oceanic Wind Energy Inc. develops renewable energy projects in Canada. It develops an offshore wind energy project located in the Hecate Strait on the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc. and changed its name to Oceanic Wind Energy Inc. in May 2020. Oceanic Wind Energy Inc. is headquartered in Vancouver, Canada.
Oceanic Wind Energy Inc (NKWFF) - Net Assets
Latest net assets as of September 2025: $800.33K USD
Based on the latest financial reports, Oceanic Wind Energy Inc (NKWFF) has net assets worth $800.33K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.47 Million) and total liabilities ($666.93K). 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 | $800.33K |
| % of Total Assets | 54.55% |
| Annual Growth Rate | -4.86% |
| 5-Year Change | N/A |
| 10-Year Change | 10.96% |
| Growth Volatility | 619.12 |
Oceanic Wind Energy Inc - Net Assets Trend (1996–2025)
This chart illustrates how Oceanic Wind Energy 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 Oceanic Wind Energy Inc (1996–2025)
The table below shows the annual net assets of Oceanic Wind Energy Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $800.33K | +405.57% |
| 2024-09-30 | $-261.92K | +76.12% |
| 2023-09-30 | $-1.10 Million | -2.73% |
| 2022-09-30 | $-1.07 Million | -26.00% |
| 2021-09-30 | $-847.52K | -7.82% |
| 2020-09-30 | $-786.07K | +14.87% |
| 2019-09-30 | $-923.40K | -136.48% |
| 2018-09-30 | $-390.47K | -342.37% |
| 2017-09-30 | $161.11K | -77.66% |
| 2016-09-30 | $721.27K | +2.85% |
| 2015-09-30 | $701.25K | -67.18% |
| 2014-09-30 | $2.14 Million | -31.62% |
| 2013-09-30 | $3.12 Million | -25.28% |
| 2012-09-30 | $4.18 Million | -34.94% |
| 2011-09-30 | $6.43 Million | -27.46% |
| 2010-09-30 | $8.86 Million | -39.72% |
| 2009-09-30 | $14.70 Million | -34.91% |
| 2008-09-30 | $22.58 Million | -39.15% |
| 2007-09-30 | $37.12 Million | +2915.06% |
| 2006-09-30 | $1.23 Million | +60.43% |
| 2005-09-30 | $767.33K | -19.71% |
| 2004-09-30 | $955.72K | -16.50% |
| 2003-09-30 | $1.14 Million | -33.91% |
| 2002-09-30 | $1.73 Million | -52.40% |
| 2001-09-30 | $3.64 Million | +19.10% |
| 2000-09-30 | $3.05 Million | -2.48% |
| 1999-09-30 | $3.13 Million | -4.64% |
| 1998-09-30 | $3.28 Million | -3.69% |
| 1997-09-30 | $3.41 Million | +0.59% |
| 1996-09-30 | $3.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oceanic Wind Energy 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 4907926000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.29 Million | 5610.19% |
| Other Components | $2.72 Million | 309.05% |
| Total Equity | $878.57K | 100.00% |
Oceanic Wind Energy Inc Competitors by Market Cap
The table below lists competitors of Oceanic Wind Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRATOS DEF&SEC - Dusseldorf Stock Exchang
DU:WF5A
|
$790.35K |
|
Acuity RM Group Plc
F:BJZ0
|
$790.53K |
|
NEX Metals Exploration Ltd
AU:NME
|
$790.81K |
|
Manhattan Corporation Limited
PINK:MHTZF
|
$790.83K |
|
Barbara Bui SA
PA:BUI
|
$790.09K |
|
GBL (EAI.SG)
STU:EAI
|
$790.03K |
|
NewGenIvf Group Limited Class A Ordinary Shares
NASDAQ:NIVF
|
$789.85K |
|
TORONTO-DOMINION BK
MU:TDB
|
$789.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oceanic Wind Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -261,916 to 878,568, a change of 1,140,484.
- Net income of 1,009,200 contributed positively to equity growth.
- Other factors increased equity by 131,284.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.01 Million | +114.87% |
| Other Changes | $131.28K | +14.94% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Oceanic Wind Energy 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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.03x to 1.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-09-30 | $0.63 | $0.02 | x |
| 1997-09-30 | $0.64 | $0.02 | x |
| 1998-09-30 | $0.61 | $0.02 | x |
| 1999-09-30 | $0.58 | $0.02 | x |
| 2000-09-30 | $0.56 | $0.02 | x |
| 2001-09-30 | $0.67 | $0.02 | x |
| 2002-09-30 | $0.26 | $0.02 | x |
| 2003-09-30 | $0.15 | $0.02 | x |
| 2004-09-30 | $0.10 | $0.02 | x |
| 2005-09-30 | $0.09 | $0.02 | x |
| 2006-09-30 | $0.14 | $0.02 | x |
| 2007-09-30 | $1.82 | $0.02 | x |
| 2008-09-30 | $0.61 | $0.02 | x |
| 2009-09-30 | $0.37 | $0.02 | x |
| 2010-09-30 | $0.23 | $0.02 | x |
| 2011-09-30 | $0.16 | $0.02 | x |
| 2012-09-30 | $0.10 | $0.02 | x |
| 2013-09-30 | $0.08 | $0.02 | x |
| 2014-09-30 | $0.05 | $0.02 | x |
| 2015-09-30 | $0.01 | $0.02 | x |
| 2016-09-30 | $0.01 | $0.02 | x |
| 2017-09-30 | $0.00 | $0.02 | x |
| 2018-09-30 | $-0.01 | $0.02 | x |
| 2019-09-30 | $-0.01 | $0.02 | x |
| 2020-09-30 | $-0.01 | $0.02 | x |
| 2021-09-30 | $-0.01 | $0.02 | x |
| 2022-09-30 | $-0.01 | $0.02 | x |
| 2023-09-30 | $-0.01 | $0.02 | x |
| 2024-09-30 | $0.00 | $0.02 | x |
| 2025-09-30 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oceanic Wind Energy 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): 114.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.67x
- Recent ROE (114.87%) is above the historical average (-48.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -3.07% | -54.16% | 0.06x | 1.02x | $-443.04K |
| 1997 | 0.58% | 6.05% | 0.09x | 1.02x | $-321.11K |
| 1998 | -3.84% | -70.46% | 0.05x | 1.03x | $-454.45K |
| 1999 | -4.85% | -79.28% | 0.06x | 1.03x | $-465.20K |
| 2000 | -2.81% | -28.73% | 0.09x | 1.03x | $-391.12K |
| 2001 | 16.04% | 191.31% | 0.08x | 1.05x | $219.74K |
| 2002 | -119.18% | -1669.82% | 0.07x | 1.07x | $-2.24 Million |
| 2003 | -62.47% | -387.45% | 0.15x | 1.09x | $-829.45K |
| 2004 | -35.16% | -135.16% | 0.23x | 1.14x | $-431.57K |
| 2005 | -27.24% | -112.55% | 0.21x | 1.18x | $-285.73K |
| 2006 | -52.96% | -273.75% | 0.07x | 2.65x | $-775.10K |
| 2007 | -13.65% | 0.00% | 0.00x | 1.07x | $-8.78 Million |
| 2008 | -71.68% | 0.00% | 0.00x | 1.42x | $-18.45 Million |
| 2009 | -80.30% | 0.00% | 0.00x | 1.20x | $-13.24 Million |
| 2010 | -65.67% | 0.00% | 0.00x | 1.16x | $-6.70 Million |
| 2011 | -38.86% | 0.00% | 0.00x | 1.19x | $-3.14 Million |
| 2012 | -56.87% | 0.00% | 0.00x | 1.29x | $-2.80 Million |
| 2013 | -36.87% | 0.00% | 0.00x | 1.20x | $-1.46 Million |
| 2014 | -83.31% | 0.00% | 0.00x | 1.38x | $-1.99 Million |
| 2015 | -218.89% | 0.00% | 0.00x | 1.79x | $-1.61 Million |
| 2016 | -48.66% | 0.00% | 0.00x | 1.69x | $-423.13K |
| 2017 | -547.53% | 0.00% | 0.00x | 5.33x | $-898.20K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-807.82K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.16 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-455.00K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-210.25K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-295.21K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-139.30K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $630.25K |
| 2025 | 114.87% | 0.00% | 0.00x | 1.67x | $921.34K |
Industry Comparison
This section compares Oceanic Wind Energy Inc's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oceanic Wind Energy Inc (NKWFF) | $800.33K | -3.07% | 0.83x | $790.26K |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |