TGI Solar Power Group Inc
TGI Solar Power Group Inc. intends to provide clients with management, tools, and resources to deliver interactive, real-time, on demand staffing for full time and project based personnel. The company was formerly known as TenthGate International, Inc. and changed its name to TGI Solar Power Group Inc. in June 2008. TGI Solar Power Group Inc. was founded in 1967 and is based in Ewing, New Jersey.
TGI Solar Power Group Inc (TSPG) - Net Assets
Latest net assets as of October 2025: $-951.20K USD
Based on the latest financial reports, TGI Solar Power Group Inc (TSPG) has net assets worth $-951.20K USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($341.82K) and total liabilities ($1.29 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 | $-951.20K |
| % of Total Assets | -278.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -807.59% |
| Growth Volatility | 33163.66 |
TGI Solar Power Group Inc - Net Assets Trend (2014–2025)
This chart illustrates how TGI Solar Power 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 TGI Solar Power Group Inc (2014–2025)
The table below shows the annual net assets of TGI Solar Power Group Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $-936.20K | +82.65% |
| 2024-07-31 | $-5.40 Million | -651.94% |
| 2023-07-31 | $-717.48K | -8.05% |
| 2022-07-31 | $-664.05K | -24.26% |
| 2021-07-31 | $-534.42K | +6.27% |
| 2020-07-31 | $-570.16K | -7.91% |
| 2019-07-31 | $-528.37K | -124.48% |
| 2018-07-31 | $-235.37K | -164.42% |
| 2017-07-31 | $-89.02K | -167.28% |
| 2016-07-31 | $132.31K | +279.53% |
| 2015-07-31 | $-73.70K | -66494.59% |
| 2014-07-31 | $111.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to TGI Solar Power 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 99684900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.71 Million | % |
| Other Components | $12.70 Million | % |
| Total Equity | $-936.20K | 100.00% |
TGI Solar Power Group Inc Competitors by Market Cap
The table below lists competitors of TGI Solar Power Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TenderHut S.A.
WAR:THG
|
$1.65 Million |
|
Reliable Data Services Limited
NSE:RELIABLE
|
$1.65 Million |
|
InMed Pharmaceuticals Inc
NASDAQ:INM
|
$1.66 Million |
|
Kaap Agri Bedryf Employee and Farm Worker Bee Trust
JSE:KAL
|
$1.66 Million |
|
Beyond Commerce Inc
PINK:BYOC
|
$1.65 Million |
|
Eline Entertainment Group Inc
PINK:EEGI
|
$1.65 Million |
|
Vsolar Group Bhd
KLSE:0066
|
$1.65 Million |
|
KST Beteiligungs AG
F:KSW
|
$1.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TGI Solar Power Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -5,395,077 to -936,199, a change of 4,458,878.
- Net income of 4,458,842 contributed positively to equity growth.
- Other factors increased equity by 36.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.46 Million | +476.27% |
| Other Changes | $36.00 | +0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TGI Solar Power 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 |
|---|---|---|---|
| 2014-07-31 | $0.00 | $0.00 | x |
| 2015-07-31 | $0.00 | $0.00 | x |
| 2016-07-31 | $0.00 | $0.00 | x |
| 2017-07-31 | $0.00 | $0.00 | x |
| 2018-07-31 | $0.00 | $0.00 | x |
| 2019-07-31 | $0.00 | $0.00 | x |
| 2020-07-31 | $0.00 | $0.00 | x |
| 2021-07-31 | $0.00 | $0.00 | x |
| 2022-07-31 | $0.00 | $0.00 | x |
| 2023-07-31 | $0.00 | $0.00 | x |
| 2024-07-31 | $0.00 | $0.00 | x |
| 2025-07-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TGI Solar Power 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: 97.12%
- • Asset Turnover: 13.44x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-41.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -396.40% | 0.00% | 0.00x | 1.00x | $-451.10 |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-66.44K |
| 2016 | -97.90% | 0.00% | 0.00x | 1.09x | $-142.76K |
| 2017 | 0.00% | -22132.40% | 0.91x | 0.00x | $-212.42K |
| 2018 | 0.00% | -2927.16% | 15.53x | 0.00x | $-122.82K |
| 2019 | 0.00% | -1799.20% | 0.15x | 0.00x | $34.84K |
| 2020 | 0.00% | -439.85% | 2.96x | 0.00x | $13.03K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $89.18K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.22K |
| 2023 | 0.00% | -237.33% | 0.08x | 0.00x | $18.32K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.17 Million |
| 2025 | 0.00% | 97.12% | 13.44x | 0.00x | $4.55 Million |
Industry Comparison
This section compares TGI Solar Power Group Inc's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TGI Solar Power Group Inc (TSPG) | $-951.20K | -396.40% | N/A | $1.65 Million |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |