3Power Energy Group Inc
3Power Energy Group, Inc. focuses on developing, building, and operating power plants. The company generates electricity through solar and hydro resources. It has a hydro-electrical project with a total installed power of 127.6 megawatts of Shala River in Albania. The company was formerly known as Prime Sun Power Inc. and changed its name to 3Power Energy Group, Inc. in March 2011. 3Power Energy … Read more
3Power Energy Group Inc (PSPW) - Net Assets
Latest net assets as of December 2017: $-6.28 Million USD
Based on the latest financial reports, 3Power Energy Group Inc (PSPW) has net assets worth $-6.28 Million USD as of December 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($365.85K) and total liabilities ($6.64 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 | $-6.28 Million |
| % of Total Assets | -1715.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -29997.02% |
| Growth Volatility | 1303.61 |
3Power Energy Group Inc - Net Assets Trend (2005–2017)
This chart illustrates how 3Power Energy Group 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 3Power Energy Group Inc (2005–2017)
The table below shows the annual net assets of 3Power Energy Group Inc from 2005 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-03-31 | $-6.86 Million | +6.50% |
| 2016-03-31 | $-7.34 Million | -14.06% |
| 2015-03-31 | $-6.44 Million | +2.76% |
| 2014-03-31 | $-6.62 Million | +22.32% |
| 2013-03-31 | $-8.52 Million | -32.79% |
| 2012-03-31 | $-6.42 Million | -96.88% |
| 2011-03-31 | $-3.26 Million | -32.48% |
| 2010-03-31 | $-2.46 Million | -295.55% |
| 2009-03-31 | $-622.00K | -2808.96% |
| 2008-03-31 | $22.96K | -70.97% |
| 2007-03-31 | $79.09K | -16.97% |
| 2006-03-31 | $95.26K | +260.90% |
| 2005-03-31 | $-59.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to 3Power Energy Group 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 1927741200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.43K | % |
| Other Comprehensive Income | $337.69K | % |
| Other Components | $12.44 Million | % |
| Total Equity | $-6.53 Million | 100.00% |
3Power Energy Group Inc Competitors by Market Cap
The table below lists competitors of 3Power Energy Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
North American Financial 15
TO:FFN
|
$54.91K |
|
Seresco S.A.
MC:SCO
|
$54.93K |
|
Graphjet Technology
NASDAQ:GTI
|
$54.98K |
|
PATI4F
SA:PATI4F
|
$54.99K |
|
Union de Cervecerias Peruanas Backus y Johnston S.A.
LIM:BACKUSI1
|
$54.80K |
|
CHINA MERCHANT -H-
MU:M4B
|
$54.78K |
|
RENTOKIL INITIAL
MU:RTO1
|
$54.75K |
|
MANITEX INTL
BE:VE8
|
$54.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 3Power Energy Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from -7,058,232 to -6,531,811, a change of 526,421.
- Net loss of 891,926 reduced equity.
- Other comprehensive income increased equity by 254,539.
- Other factors increased equity by 1,163,808.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-891.93K | -13.66% |
| Other Comprehensive Income | $254.54K | +3.9% |
| Other Changes | $1.16 Million | +17.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares 3Power Energy Group 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $0.00 | $0.00 | x |
| 2006-03-31 | $0.00 | $0.00 | x |
| 2007-03-31 | $0.00 | $0.00 | x |
| 2008-03-31 | $0.00 | $0.00 | x |
| 2009-03-31 | $-0.02 | $0.00 | x |
| 2010-03-31 | $-0.06 | $0.00 | x |
| 2011-03-31 | $-0.08 | $0.00 | x |
| 2012-03-31 | $-0.07 | $0.00 | x |
| 2013-03-31 | $-0.07 | $0.00 | x |
| 2014-03-31 | $-0.04 | $0.00 | x |
| 2015-03-31 | $-0.03 | $0.00 | x |
| 2016-03-31 | $-0.03 | $0.00 | x |
| 2017-03-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 3Power Energy Group 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): 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 (-21.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.48K |
| 2006 | -19.54% | 0.00% | 0.00x | 1.27x | $-28.13K |
| 2007 | -20.44% | 0.00% | 0.00x | 1.34x | $-24.08K |
| 2008 | -244.45% | 0.00% | 0.00x | 3.13x | $-58.43K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-635.72K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.75 Million |
| 2011 | 0.00% | -3901258.54% | 0.14x | 0.00x | $-473.81K |
| 2012 | 0.00% | -50175.18% | 0.42x | 0.00x | $-9.64 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.30 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-452.68K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-648.26K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-322.59K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-238.74K |
Industry Comparison
This section compares 3Power Energy Group 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 |
|---|---|---|---|---|
| 3Power Energy Group Inc (PSPW) | $-6.28 Million | 0.00% | N/A | $54.86K |
| 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 |