Vision Energy Corp
Vision Energy Corporation, an energy company, develops midstream infrastructure for import, storage, and distribution of low-carbon energy products and hydrogen carriers to customers and supply-chains. It also develops a bulk liquid import and storage facility for the related products. The company was formerly known as Vision Hydrogen Corporation and changed its name to Vision Energy Corporation … Read more
Vision Energy Corp (VENG) - Net Assets
Latest net assets as of March 2023: $2.48 Million USD
Based on the latest financial reports, Vision Energy Corp (VENG) has net assets worth $2.48 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.63 Million) and total liabilities ($150.97K). 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 | $2.48 Million |
| % of Total Assets | 94.26% |
| Annual Growth Rate | 90.95% |
| 5-Year Change | 153.2% |
| 10-Year Change | N/A |
| Growth Volatility | 245.12 |
Vision Energy Corp - Net Assets Trend (2015–2022)
This chart illustrates how Vision Energy 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 Vision Energy Corp (2015–2022)
The table below shows the annual net assets of Vision Energy Corp from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $4.11 Million | +1981.63% |
| 2021-12-31 | $-218.39K | +48.66% |
| 2020-12-31 | $-425.42K | -147.44% |
| 2019-12-31 | $896.72K | -44.75% |
| 2018-12-31 | $1.62 Million | +181.86% |
| 2017-12-31 | $575.80K | +95.17% |
| 2016-12-31 | $295.02K | +564.75% |
| 2015-12-31 | $44.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vision Energy 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 2032976200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.21K | 0.10% |
| Other Comprehensive Income | $1.65K | 0.04% |
| Other Components | $24.44 Million | 594.73% |
| Total Equity | $4.11 Million | 100.00% |
Vision Energy Corp Competitors by Market Cap
The table below lists competitors of Vision Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
2US
STU:2US
|
$3.60K |
|
GATTACA Plc
LSE:GATC
|
$3.60K |
|
TMT Acquisition Corp Rights
NASDAQ:TMTCR
|
$3.60K |
|
Alefarm Brewing AS
CO:ALEFRM
|
$3.61K |
|
Modiin Energy-Limited Partnership
TA:MDIN-L
|
$3.58K |
|
Mars Acquisition Corp. Rights
NASDAQ:MARXR
|
$3.58K |
|
Haiphong PTS JSC
VN:PTS
|
$3.58K |
|
Thanh Thanh JSC
VN:TTC
|
$3.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vision Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -218,390 to 4,109,287, a change of 4,327,677.
- Net loss of 15,861,843 reduced equity.
- Other comprehensive income decreased equity by 32,744.
- Other factors increased equity by 20,222,264.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.86 Million | -386.0% |
| Other Comprehensive Income | $-32.74K | -0.8% |
| Other Changes | $20.22 Million | +492.11% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Vision Energy 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: 0.00x
- 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 |
|---|---|---|---|
| 2016-12-31 | $5.17 | $0.00 | x |
| 2017-12-31 | $3.74 | $0.00 | x |
| 2018-12-31 | $10.70 | $0.00 | x |
| 2019-12-31 | $5.87 | $0.00 | x |
| 2020-12-31 | $-0.13 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $0.49 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vision Energy 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): -386.00%
- 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: 1.04x
- Recent ROE (-386.00%) is below the historical average (-94.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -162.17% | -2286.11% | 0.07x | 1.05x | $-507.92K |
| 2017 | 1.55% | 0.14% | 4.28x | 2.58x | $-48.68K |
| 2018 | -34.14% | -7.34% | 2.14x | 2.17x | $-716.30K |
| 2019 | -80.78% | -10.63% | 1.97x | 3.87x | $-814.06K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.37 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-966.60K |
| 2022 | -386.00% | 0.00% | 0.00x | 1.04x | $-16.27 Million |
Industry Comparison
This section compares Vision Energy Corp'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 |
|---|---|---|---|---|
| Vision Energy Corp (VENG) | $2.48 Million | -162.17% | 0.06x | $3.59K |
| 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 |