ACT Energy Technologies Ltd. (ACX) - Net Assets
Based on the latest financial reports, ACT Energy Technologies Ltd. (ACX) has net assets worth CA$249.30 Million CAD (≈ $180.34 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 (CA$458.00 Million ≈ $331.31 Million USD) and total liabilities (CA$208.70 Million ≈ $150.97 Million USD). 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. Read ACX total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$249.30 Million |
| % of Total Assets | 54.43% |
| Annual Growth Rate | 10.62% |
| 5-Year Change | 504.34% |
| 10-Year Change | 150.06% |
| Growth Volatility | 518.41 |
ACT Energy Technologies Ltd. - Net Assets Trend (1996–2024)
This chart illustrates how ACT Energy Technologies Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of ACT Energy Technologies Ltd. for the complete picture of this company's asset base.
Annual Net Assets for ACT Energy Technologies Ltd. (1996–2024)
The table below shows the annual net assets of ACT Energy Technologies Ltd. from 1996 to 2024. For live valuation and market cap data, see ACX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$241.58 Million ≈ $174.76 Million |
+34.61% |
| 2023-12-31 | CA$179.47 Million ≈ $129.82 Million |
+16.62% |
| 2022-12-31 | CA$153.90 Million ≈ $111.33 Million |
+262.08% |
| 2021-12-31 | CA$42.50 Million ≈ $30.75 Million |
+6.33% |
| 2020-12-31 | CA$39.97 Million ≈ $28.92 Million |
-41.29% |
| 2019-12-31 | CA$68.09 Million ≈ $49.26 Million |
-23.61% |
| 2018-12-31 | CA$89.14 Million ≈ $64.48 Million |
-12.08% |
| 2017-12-31 | CA$101.39 Million ≈ $73.34 Million |
+11.70% |
| 2016-12-31 | CA$90.77 Million ≈ $65.66 Million |
-6.04% |
| 2015-12-31 | CA$96.61 Million ≈ $69.88 Million |
-24.74% |
| 2014-12-31 | CA$128.37 Million ≈ $92.86 Million |
+1.39% |
| 2013-12-31 | CA$126.61 Million ≈ $91.59 Million |
-8.21% |
| 2012-12-31 | CA$137.93 Million ≈ $99.78 Million |
+1.34% |
| 2011-12-31 | CA$136.11 Million ≈ $98.46 Million |
+21.32% |
| 2010-12-31 | CA$112.19 Million ≈ $81.16 Million |
+15.16% |
| 2009-12-31 | CA$97.42 Million ≈ $70.47 Million |
+6.06% |
| 2008-12-31 | CA$91.86 Million ≈ $66.45 Million |
+15.91% |
| 2007-12-31 | CA$79.25 Million ≈ $57.33 Million |
+3.97% |
| 2006-12-31 | CA$76.22 Million ≈ $55.14 Million |
+27.86% |
| 2005-12-31 | CA$59.62 Million ≈ $43.12 Million |
+77.62% |
| 2004-12-31 | CA$33.56 Million ≈ $24.28 Million |
+102.33% |
| 2003-12-31 | CA$16.59 Million ≈ $12.00 Million |
+1.30% |
| 2002-12-31 | CA$16.38 Million ≈ $11.85 Million |
-1.22% |
| 2001-12-31 | CA$16.58 Million ≈ $11.99 Million |
+45.78% |
| 2000-12-31 | CA$11.37 Million ≈ $8.23 Million |
+2743.00% |
| 1998-12-31 | CA$400.00K ≈ $289.35K |
-96.75% |
| 1997-12-31 | CA$12.30 Million ≈ $8.90 Million |
-13.99% |
| 1996-12-31 | CA$14.30 Million ≈ $10.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ACT Energy Technologies Ltd.'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 2263200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$8.73 Million | 3.61% |
| Common Stock | CA$195.52 Million | 80.93% |
| Other Comprehensive Income | CA$19.15 Million | 7.93% |
| Other Components | CA$18.18 Million | 7.53% |
| Total Equity | CA$241.58 Million | 100.00% |
ACT Energy Technologies Ltd. Competitors by Market Cap
The table below lists competitors of ACT Energy Technologies Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alumil Aluminium Industry S.A
AT:ALMY
|
$162.72 Million |
|
Harvatek Corp
TW:6168
|
$162.72 Million |
|
Ellsworth Convertible Growth & IF
NYSE MKT:ECF
|
$162.75 Million |
|
Onewater Marine
NASDAQ:ONEW
|
$162.81 Million |
|
CONPET SA
RO:COTE
|
$162.61 Million |
|
NX Filtration Holding BV
AS:NXFIL
|
$162.55 Million |
|
Shaniv
TA:SHAN
|
$162.54 Million |
|
San Far Property Ltd
TW:9946
|
$162.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ACT Energy Technologies Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 179,468,000 to 241,580,000, a change of 62,112,000 (34.6%).
- Net income of 57,907,000 contributed positively to equity growth.
- Share repurchases of 9,028,000 reduced equity.
- Other comprehensive income increased equity by 6,063,000.
- Other factors increased equity by 7,170,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$57.91 Million | +23.97% |
| Share Repurchases | CA$9.03 Million | -3.74% |
| Other Comprehensive Income | CA$6.06 Million | +2.51% |
| Other Changes | CA$7.17 Million | +2.97% |
| Total Change | CA$- | 34.61% |
Book Value vs Market Value Analysis
This analysis compares ACT Energy Technologies Ltd.'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: 1.07x
- 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 0.20x to 1.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$33.37 | CA$6.72 | x |
| 1997-12-31 | CA$30.75 | CA$6.72 | x |
| 1998-12-31 | CA$1.02 | CA$6.72 | x |
| 1999-12-31 | CA$0.47 | CA$6.72 | x |
| 2000-12-31 | CA$13.35 | CA$6.72 | x |
| 2001-12-31 | CA$14.04 | CA$6.72 | x |
| 2002-12-31 | CA$5.41 | CA$6.72 | x |
| 2003-12-31 | CA$5.23 | CA$6.72 | x |
| 2004-12-31 | CA$9.78 | CA$6.72 | x |
| 2005-12-31 | CA$14.54 | CA$6.72 | x |
| 2006-12-31 | CA$16.91 | CA$6.72 | x |
| 2007-12-31 | CA$17.46 | CA$6.72 | x |
| 2008-12-31 | CA$19.81 | CA$6.72 | x |
| 2009-12-31 | CA$19.56 | CA$6.72 | x |
| 2010-12-31 | CA$21.13 | CA$6.72 | x |
| 2011-12-31 | CA$25.04 | CA$6.72 | x |
| 2012-12-31 | CA$25.45 | CA$6.72 | x |
| 2013-12-31 | CA$24.50 | CA$6.72 | x |
| 2014-12-31 | CA$24.78 | CA$6.72 | x |
| 2015-12-31 | CA$18.63 | CA$6.72 | x |
| 2016-12-31 | CA$17.51 | CA$6.72 | x |
| 2017-12-31 | CA$14.92 | CA$6.72 | x |
| 2018-12-31 | CA$12.59 | CA$6.72 | x |
| 2019-12-31 | CA$9.62 | CA$6.72 | x |
| 2020-12-31 | CA$5.66 | CA$6.72 | x |
| 2021-12-31 | CA$4.53 | CA$6.72 | x |
| 2022-12-31 | CA$6.48 | CA$6.72 | x |
| 2023-12-31 | CA$4.97 | CA$6.72 | x |
| 2024-12-31 | CA$6.28 | CA$6.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ACT Energy Technologies Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.13%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.96x
- Recent ROE (23.97%) is above the historical average (-101.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 2.10% | 4.29% | 0.45x | 1.10x | CA$-1.13 Million |
| 1997 | -17.07% | -105.00% | 0.14x | 1.15x | CA$-3.33 Million |
| 1998 | -2950.00% | -694.12% | 0.61x | 7.00x | CA$-11.84 Million |
| 1999 | -200.00% | -50.00% | 4.00x | 1.00x | CA$-420.00K |
| 2000 | 39.32% | 23.49% | 0.94x | 1.78x | CA$3.33 Million |
| 2001 | 31.40% | 22.21% | 0.93x | 1.52x | CA$3.55 Million |
| 2002 | 20.69% | 15.35% | 0.89x | 1.52x | CA$1.75 Million |
| 2003 | 26.77% | 13.57% | 0.99x | 1.99x | CA$2.78 Million |
| 2004 | 27.20% | 19.64% | 0.99x | 1.40x | CA$5.77 Million |
| 2005 | 36.58% | 25.36% | 0.84x | 1.73x | CA$15.85 Million |
| 2006 | 46.37% | 25.57% | 1.10x | 1.64x | CA$27.73 Million |
| 2007 | 31.37% | 17.13% | 1.11x | 1.65x | CA$16.94 Million |
| 2008 | 32.81% | 16.84% | 0.97x | 2.00x | CA$20.95 Million |
| 2009 | 5.42% | 6.43% | 0.47x | 1.78x | CA$-4.46 Million |
| 2010 | 14.55% | 10.67% | 0.85x | 1.61x | CA$5.11 Million |
| 2011 | 20.30% | 12.54% | 0.95x | 1.70x | CA$14.02 Million |
| 2012 | 10.73% | 7.28% | 0.91x | 1.62x | CA$1.00 Million |
| 2013 | -1.22% | -0.69% | 1.09x | 1.62x | CA$-14.20 Million |
| 2014 | 8.01% | 3.73% | 1.19x | 1.80x | CA$-2.55 Million |
| 2015 | -36.58% | -33.27% | 0.68x | 1.61x | CA$-45.00 Million |
| 2016 | -6.37% | -7.15% | 0.59x | 1.50x | CA$-14.86 Million |
| 2017 | 0.09% | 0.06% | 1.21x | 1.20x | CA$-10.05 Million |
| 2018 | -19.14% | -10.61% | 1.32x | 1.37x | CA$-25.98 Million |
| 2019 | -28.18% | -15.95% | 1.13x | 1.56x | CA$-26.00 Million |
| 2020 | -69.37% | -68.35% | 0.63x | 1.61x | CA$-31.73 Million |
| 2021 | -20.29% | -13.80% | 0.83x | 1.77x | CA$-12.88 Million |
| 2022 | 11.92% | 5.75% | 0.90x | 2.30x | CA$2.96 Million |
| 2023 | 5.92% | 1.95% | 1.35x | 2.25x | CA$-7.32 Million |
| 2024 | 23.97% | 10.13% | 1.21x | 1.96x | CA$33.75 Million |
Industry Comparison
This section compares ACT Energy Technologies Ltd.'s net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $508,453,240
- Average return on equity (ROE) among peers: -4.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ACT Energy Technologies Ltd. (ACX) | CA$249.30 Million | 2.10% | 0.84x | $162.66 Million |
| Ensign Energy Services Inc (ESI) | $1.46 Billion | -11.17% | 1.37x | $523.66 Million |
| Precision Drilling Corporation (PD) | $696.60 Million | 16.87% | 0.72x | $1.20 Billion |
| PHX Energy Services Corporation (PHX) | $115.09 Million | 15.38% | 1.30x | $392.59 Million |
| Stampede Drilling Inc (SDI) | $457.52K | -13.26% | 0.03x | $30.37 Million |
| Western Energy Services Corp. (WRG) | $267.09 Million | -30.34% | 1.06x | $76.14 Million |
About ACT Energy Technologies Ltd.
ACT Energy Technologies Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas exploration and development companies in Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning and rotary steerable services. The company also offers mud motors, MWD technolo… Read more