Zinc8 Energy Solutions Inc
Abound Energy Inc., a development-stage company, focuses on developing zinc-air batteries. The company was formerly known as Zinc8 Energy Solutions Inc. and changed its name to Abound Energy Inc. in January 2024. Abound Energy Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.
Zinc8 Energy Solutions Inc (ZAIRF) - Net Assets
Latest net assets as of September 2025: $-1.61 Million USD
Based on the latest financial reports, Zinc8 Energy Solutions Inc (ZAIRF) has net assets worth $-1.61 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($454.59K) and total liabilities ($2.06 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 | $-1.61 Million |
| % of Total Assets | -353.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | -131.13% |
| 10-Year Change | N/A |
| Growth Volatility | 87.78 |
Zinc8 Energy Solutions Inc - Net Assets Trend (2016–2024)
This chart illustrates how Zinc8 Energy Solutions 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 Zinc8 Energy Solutions Inc (2016–2024)
The table below shows the annual net assets of Zinc8 Energy Solutions Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.78 Million | -627.22% |
| 2023-12-31 | $-245.24K | -103.95% |
| 2022-12-31 | $6.21 Million | -43.87% |
| 2021-12-31 | $11.06 Million | +93.15% |
| 2020-12-31 | $5.73 Million | +738.62% |
| 2019-12-31 | $-896.97K | -203.44% |
| 2018-12-31 | $867.17K | -74.96% |
| 2017-12-31 | $3.46 Million | -69.90% |
| 2016-12-31 | $11.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zinc8 Energy Solutions 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 1965210.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $46.13 Million | % |
| Other Components | $8.90 Million | % |
| Total Equity | $-1.78 Million | 100.00% |
Zinc8 Energy Solutions Inc Competitors by Market Cap
The table below lists competitors of Zinc8 Energy Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medesis Pharma SA
PA:ALMDP
|
$1.54 Million |
|
Ju-Kao Engineering Co., Ltd.
TWO:1594
|
$1.54 Million |
|
Wheeler Real Estate Investment Trust Inc
NASDAQ:WHLR
|
$1.54 Million |
|
SWISS PRIME SITE N - Dusseldorf Stock Exchang
DU:SU1N
|
$1.54 Million |
|
PT Adhi Karya (Persero) Tbk
F:KM6
|
$1.54 Million |
|
TrustBIX Inc
PINK:TBIXF
|
$1.54 Million |
|
Atrum Coal NL
AU:ATU
|
$1.53 Million |
|
PT Lupromax Pelumas Indonesia Tb
JK:LMAX
|
$1.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zinc8 Energy Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -245,238 to -1,783,409, a change of -1,538,171.
- Net loss of 3,152,652 reduced equity.
- New share issuances of 635,315 increased equity.
- Other factors increased equity by 979,166.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.15 Million | -176.78% |
| Share Issuances | $635.32K | +35.62% |
| Other Changes | $979.17K | +54.9% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Zinc8 Energy Solutions 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 |
|---|---|---|---|
| 2016-12-31 | $3.83 | $0.05 | x |
| 2017-12-31 | $1.15 | $0.05 | x |
| 2018-12-31 | $0.22 | $0.05 | x |
| 2019-12-31 | $-0.24 | $0.05 | x |
| 2020-12-31 | $0.71 | $0.05 | x |
| 2021-12-31 | $0.76 | $0.05 | x |
| 2022-12-31 | $0.40 | $0.05 | x |
| 2023-12-31 | $-0.01 | $0.05 | x |
| 2024-12-31 | $-0.06 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zinc8 Energy Solutions 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: -3753.16%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-100.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.03% | 0.20% | 0.13x | 1.02x | $-1.15 Million |
| 2017 | -232.19% | -1791.96% | 0.09x | 1.44x | $-8.39 Million |
| 2018 | -299.31% | 0.00% | 0.00x | 6.02x | $-2.68 Million |
| 2019 | 0.00% | -979.18% | 0.09x | 0.00x | $-5.06 Million |
| 2020 | -35.68% | -124.98% | 0.23x | 1.25x | $-2.62 Million |
| 2021 | -147.07% | 0.00% | -0.06x | 1.17x | $-17.38 Million |
| 2022 | -192.20% | 0.00% | -0.01x | 1.34x | $-12.56 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $16.90K |
| 2024 | 0.00% | -3753.16% | 0.07x | 0.00x | $-2.97 Million |
Industry Comparison
This section compares Zinc8 Energy Solutions Inc'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 |
|---|---|---|---|---|
| Zinc8 Energy Solutions Inc (ZAIRF) | $-1.61 Million | 0.03% | N/A | $1.54 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 |