Cleantech Power Corp.
Cleantech Power Corp. designs, develops, produces, and commercializes micro combined heat and power systems based on alkaline fuel cell technology for residential, industrial, and commercial markets worldwide. The company was formerly known as Alkaline Fuel Cell Power Corp. and changed its name to Cleantech Power Corp. in May 2023. Cleantech Power Corp. was incorporated in 1987 and is headquarter… Read more
Cleantech Power Corp. (PWWRF) - Net Assets
Latest net assets as of September 2022: $6.39 Million USD
Based on the latest financial reports, Cleantech Power Corp. (PWWRF) has net assets worth $6.39 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.01 Million) and total liabilities ($1.61 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 | $6.39 Million |
| % of Total Assets | 79.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Cleantech Power Corp. - Net Assets Trend (2019–2021)
This chart illustrates how Cleantech Power Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cleantech Power Corp. (2019–2021)
The table below shows the annual net assets of Cleantech Power Corp. from 2019 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $8.37 Million | +2973.58% |
| 2020-12-31 | $-291.33K | -41.17% |
| 2019-12-31 | $-206.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cleantech Power Corp.'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 939832700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.61 Million | 329.75% |
| Other Components | $5.21 Million | 62.20% |
| Total Equity | $8.37 Million | 100.00% |
Cleantech Power Corp. Competitors by Market Cap
The table below lists competitors of Cleantech Power Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evofem Biosciences Inc
OTCQB:EVFM
|
$1.02 Million |
|
ExpreS2ion Biotech Holding AB (publ)
F:5JD0
|
$1.02 Million |
|
Trenchant Technologies Capital Corp.
PINK:AITTF
|
$1.02 Million |
|
ABERCROMBIE FTCH-A
BE:AFT
|
$1.02 Million |
|
Nuzee Inc
NASDAQ:NUZE
|
$1.02 Million |
|
Cascadero Copper Corporation
PINK:CCEDF
|
$1.02 Million |
|
Acdc Metals Ltd
AU:ADC
|
$1.02 Million |
|
Pritish Nandy Communications Limited
NSE:PNC
|
$1.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cleantech Power Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -291,331 to 8,371,631, a change of 8,662,962.
- Net loss of 9,313,366 reduced equity.
- New share issuances of 15,065,607 increased equity.
- Other factors increased equity by 2,910,721.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.31 Million | -111.25% |
| Share Issuances | $15.07 Million | +179.96% |
| Other Changes | $2.91 Million | +34.77% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cleantech Power Corp.'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: 0.12x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.02 | $0.01 | x |
| 2020-12-31 | $-0.03 | $0.01 | x |
| 2021-12-31 | $0.05 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cleantech Power Corp. 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): -111.25%
- 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: 1.07x
- Recent ROE (-111.25%) is below the historical average (-37.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.35K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-55.83K |
| 2021 | -111.25% | 0.00% | 0.00x | 1.07x | $-10.15 Million |
Industry Comparison
This section compares Cleantech Power Corp.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cleantech Power Corp. (PWWRF) | $6.39 Million | 0.00% | 0.25x | $1.02 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |