Solution Financial Inc
Solution Financial Inc., together with its subsidiary, engages in leasing, financing, and retail sale of luxury and exotic vehicles, yachts, and other assets in Canada. It serves new immigrants, business owners, and international students. Solution Financial Inc. is headquartered in Richmond, Canada.
Solution Financial Inc (SLNFF) - Net Assets
Latest net assets as of October 2025: $12.27 Million USD
Based on the latest financial reports, Solution Financial Inc (SLNFF) has net assets worth $12.27 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.60 Million) and total liabilities ($25.33 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 | $12.27 Million |
| % of Total Assets | 32.64% |
| Annual Growth Rate | 26.8% |
| 5-Year Change | -8.67% |
| 10-Year Change | 3303.35% |
| Growth Volatility | 274.22 |
Solution Financial Inc - Net Assets Trend (2007–2025)
This chart illustrates how Solution Financial 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 Solution Financial Inc (2007–2025)
The table below shows the annual net assets of Solution Financial Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $12.27 Million | -3.76% |
| 2024-10-31 | $12.75 Million | -0.37% |
| 2023-10-31 | $12.80 Million | -5.16% |
| 2022-10-31 | $13.49 Million | +0.44% |
| 2021-10-31 | $13.43 Million | +28.75% |
| 2020-10-31 | $10.43 Million | +10.11% |
| 2019-10-31 | $9.48 Million | +3.87% |
| 2018-10-31 | $9.12 Million | +121.34% |
| 2017-10-31 | $4.12 Million | +1043.29% |
| 2016-10-31 | $360.53K | -12.95% |
| 2015-10-31 | $414.14K | -13.05% |
| 2014-10-31 | $476.28K | +19.40% |
| 2013-10-31 | $398.90K | +306.88% |
| 2012-10-31 | $-192.82K | -77.72% |
| 2011-10-31 | $-108.50K | +57.53% |
| 2010-10-31 | $-255.44K | -106.40% |
| 2009-10-31 | $-123.76K | -161.37% |
| 2008-10-31 | $201.66K | +17.98% |
| 2007-10-31 | $170.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solution Financial 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 grown by 217466100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.12 Million | 17.27% |
| Common Stock | $9.19 Million | 74.91% |
| Other Comprehensive Income | $167.75K | 1.37% |
| Other Components | $791.91K | 6.45% |
| Total Equity | $12.27 Million | 100.00% |
Solution Financial Inc Competitors by Market Cap
The table below lists competitors of Solution Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASTON BAY HLDGS LTD O.N.
F:6AY
|
$5.77 Million |
|
Tae Won Mulsan
KO:001420
|
$5.77 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
$5.77 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$5.77 Million |
|
QWAMPLIFY EO 1
F:6WR
|
$5.77 Million |
|
Fineqia International Inc
PINK:FNQQF
|
$5.77 Million |
|
Campina Ice Cream Industry Tbk PT
JK:CAMP
|
$5.76 Million |
|
Kamdhenu Ventures Limited
NSE:KAMOPAINTS
|
$5.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solution Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,750,027 to 12,270,075, a change of -479,952 (-3.8%).
- Net income of 273,834 contributed positively to equity growth.
- Dividend payments of 342,908 reduced retained earnings.
- Share repurchases of 409,164 reduced equity.
- Other comprehensive income increased equity by 167,754.
- Other factors decreased equity by 169,468.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $273.83K | +2.23% |
| Dividends Paid | $342.91K | -2.79% |
| Share Repurchases | $409.16K | -3.33% |
| Other Comprehensive Income | $167.75K | +1.37% |
| Other Changes | $-169.47K | -1.38% |
| Total Change | $- | -3.76% |
Book Value vs Market Value Analysis
This analysis compares Solution Financial 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: 1.01x
- 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 0.53x to 1.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-10-31 | $0.38 | $0.20 | x |
| 2008-10-31 | $0.96 | $0.20 | x |
| 2009-10-31 | $-0.48 | $0.20 | x |
| 2010-10-31 | $-1.00 | $0.20 | x |
| 2011-10-31 | $-0.08 | $0.20 | x |
| 2012-10-31 | $-0.13 | $0.20 | x |
| 2013-10-31 | $0.10 | $0.20 | x |
| 2014-10-31 | $0.09 | $0.20 | x |
| 2015-10-31 | $0.07 | $0.20 | x |
| 2016-10-31 | $0.06 | $0.20 | x |
| 2017-10-31 | $0.08 | $0.20 | x |
| 2018-10-31 | $0.15 | $0.20 | x |
| 2019-10-31 | $0.12 | $0.20 | x |
| 2020-10-31 | $0.13 | $0.20 | x |
| 2021-10-31 | $0.16 | $0.20 | x |
| 2022-10-31 | $0.15 | $0.20 | x |
| 2023-10-31 | $0.15 | $0.20 | x |
| 2024-10-31 | $0.15 | $0.20 | x |
| 2025-10-31 | $0.20 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solution Financial 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): 2.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 3.06x
- Recent ROE (2.23%) is above the historical average (-9.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -32.81% | 0.00% | 0.00x | 1.15x | $-73.17K |
| 2008 | -136.93% | 0.00% | 0.00x | 1.50x | $-296.31K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-349.26K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.13K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.90K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-65.04K |
| 2013 | -7.75% | 0.00% | 0.00x | 1.44x | $-70.80K |
| 2014 | -4.33% | 0.00% | 0.00x | 1.21x | $-68.27K |
| 2015 | -15.00% | -1.72% | 6.50x | 1.34x | $-103.55K |
| 2016 | -14.87% | -1.11% | 9.71x | 1.38x | $-89.67K |
| 2017 | 21.03% | 15.54% | 0.68x | 2.00x | $454.83K |
| 2018 | -21.02% | -39.86% | 0.32x | 1.66x | $-2.83 Million |
| 2019 | 1.92% | 1.89% | 0.39x | 2.58x | $-765.70K |
| 2020 | 3.84% | 2.80% | 0.49x | 2.79x | $-643.04K |
| 2021 | 6.75% | 4.44% | 0.61x | 2.48x | $-436.26K |
| 2022 | 6.21% | 4.12% | 0.68x | 2.21x | $-511.80K |
| 2023 | 0.30% | 0.25% | 0.52x | 2.31x | $-1.24 Million |
| 2024 | 2.78% | 2.84% | 0.40x | 2.46x | $-919.98K |
| 2025 | 2.23% | 2.58% | 0.28x | 3.06x | $-953.17K |
Industry Comparison
This section compares Solution Financial Inc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solution Financial Inc (SLNFF) | $12.27 Million | -32.81% | 2.06x | $5.77 Million |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |