CES Energy Solutions Corp (CEU) - Net Assets
Based on the latest financial reports, CES Energy Solutions Corp (CEU) has net assets worth CA$801.52 Million CAD (≈ $579.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.62 Billion ≈ $1.17 Billion USD) and total liabilities (CA$816.33 Million ≈ $590.52 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. Check how resilient are CES Energy Solutions Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$801.52 Million |
| % of Total Assets | 49.54% |
| Annual Growth Rate | 15.2% |
| 5-Year Change | 64.69% |
| 10-Year Change | 40.91% |
| Growth Volatility | 26.8 |
CES Energy Solutions Corp - Net Assets Trend (2006–2025)
This chart illustrates how CES Energy Solutions Corp's net assets have evolved over time, based on quarterly financial data. Also explore CES Energy Solutions Corp (CEU) total assets for the complete picture of this company's asset base.
Annual Net Assets for CES Energy Solutions Corp (2006–2025)
The table below shows the annual net assets of CES Energy Solutions Corp from 2006 to 2025. For live valuation and market cap data, see how much is CES Energy Solutions Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$801.52 Million ≈ $579.81 Million |
-1.56% |
| 2024-12-31 | CA$814.23 Million ≈ $589.00 Million |
+23.74% |
| 2023-12-31 | CA$658.00 Million ≈ $475.98 Million |
+8.04% |
| 2022-12-31 | CA$609.05 Million ≈ $440.58 Million |
+25.14% |
| 2021-12-31 | CA$486.68 Million ≈ $352.05 Million |
+6.81% |
| 2020-12-31 | CA$455.66 Million ≈ $329.62 Million |
-32.92% |
| 2019-12-31 | CA$679.31 Million ≈ $491.40 Million |
-2.62% |
| 2018-12-31 | CA$697.57 Million ≈ $504.61 Million |
+17.59% |
| 2017-12-31 | CA$593.20 Million ≈ $429.11 Million |
+4.28% |
| 2016-12-31 | CA$568.84 Million ≈ $411.49 Million |
+7.00% |
| 2015-12-31 | CA$531.65 Million ≈ $384.59 Million |
-1.62% |
| 2014-12-31 | CA$540.39 Million ≈ $390.91 Million |
+49.89% |
| 2013-12-31 | CA$360.52 Million ≈ $260.79 Million |
+67.36% |
| 2012-12-31 | CA$215.42 Million ≈ $155.83 Million |
+5.57% |
| 2011-12-31 | CA$204.06 Million ≈ $147.61 Million |
+19.30% |
| 2010-12-31 | CA$171.05 Million ≈ $123.73 Million |
+84.85% |
| 2009-12-31 | CA$92.53 Million ≈ $66.94 Million |
+20.21% |
| 2008-12-31 | CA$76.98 Million ≈ $55.68 Million |
+45.11% |
| 2007-12-31 | CA$53.05 Million ≈ $38.37 Million |
-2.66% |
| 2006-12-31 | CA$54.49 Million ≈ $39.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CES Energy Solutions 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 grown by 22438800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$190.30 Million | 23.74% |
| Common Stock | CA$372.00 Million | 46.41% |
| Other Comprehensive Income | CA$202.54 Million | 25.27% |
| Other Components | CA$36.68 Million | 4.58% |
| Total Equity | CA$801.52 Million | 100.00% |
CES Energy Solutions Corp Competitors by Market Cap
The table below lists competitors of CES Energy Solutions Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
|
$2.92 Billion |
|
Solusi Tunas Pratama Tbk
JK:SUPR
|
$2.92 Billion |
|
Provident Financial Services Inc
NYSE:PFS
|
$2.92 Billion |
|
Becle S.A.B. de C.V
MX:CUERVO
|
$2.92 Billion |
|
Alumis Inc
NASDAQ:ALMS
|
$2.92 Billion |
|
Shenzhen Gas Corp Ltd
SHG:601139
|
$2.92 Billion |
|
C Sun Manufacturing Ltd
TW:2467
|
$2.92 Billion |
|
Workiva Inc
NYSE:WK
|
$2.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CES Energy Solutions Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 814,230,000 to 801,524,000, a change of -12,706,000 (-1.6%).
- Net income of 204,723,000 contributed positively to equity growth.
- Dividend payments of 34,811,000 reduced retained earnings.
- Share repurchases of 140,107,000 reduced equity.
- Other comprehensive income decreased equity by 49,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$204.72 Million | +25.54% |
| Dividends Paid | CA$34.81 Million | -4.34% |
| Share Repurchases | CA$140.11 Million | -17.48% |
| Other Comprehensive Income | CA$-49.80 Million | -6.21% |
| Other Changes | CA$7.29 Million | +0.91% |
| Total Change | CA$- | -1.56% |
Book Value vs Market Value Analysis
This analysis compares CES Energy Solutions 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: 5.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29.13x to 5.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CA$0.66 | CA$19.24 | x |
| 2007-12-31 | CA$0.63 | CA$19.24 | x |
| 2008-12-31 | CA$0.82 | CA$19.24 | x |
| 2009-12-31 | CA$0.91 | CA$19.24 | x |
| 2010-12-31 | CA$1.22 | CA$19.24 | x |
| 2011-12-31 | CA$1.20 | CA$19.24 | x |
| 2012-12-31 | CA$1.25 | CA$19.24 | x |
| 2013-12-31 | CA$1.82 | CA$19.24 | x |
| 2014-12-31 | CA$2.50 | CA$19.24 | x |
| 2015-12-31 | CA$2.44 | CA$19.24 | x |
| 2016-12-31 | CA$2.34 | CA$19.24 | x |
| 2017-12-31 | CA$2.17 | CA$19.24 | x |
| 2018-12-31 | CA$2.54 | CA$19.24 | x |
| 2019-12-31 | CA$2.49 | CA$19.24 | x |
| 2020-12-31 | CA$1.73 | CA$19.24 | x |
| 2021-12-31 | CA$1.85 | CA$19.24 | x |
| 2022-12-31 | CA$2.33 | CA$19.24 | x |
| 2023-12-31 | CA$2.58 | CA$19.24 | x |
| 2024-12-31 | CA$3.44 | CA$19.24 | x |
| 2025-12-31 | CA$3.61 | CA$19.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CES Energy Solutions Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.21%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 2.02x
- Recent ROE (25.54%) is above the historical average (5.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -49.20% | -58.26% | 0.61x | 1.37x | CA$-32.26 Million |
| 2007 | 13.76% | 12.08% | 0.78x | 1.45x | CA$2.00 Million |
| 2008 | 19.73% | 12.14% | 1.00x | 1.63x | CA$7.49 Million |
| 2009 | 8.12% | 8.40% | 0.68x | 1.41x | CA$-1.74 Million |
| 2010 | 15.35% | 10.54% | 0.87x | 1.68x | CA$9.15 Million |
| 2011 | 20.43% | 9.08% | 1.19x | 1.89x | CA$21.29 Million |
| 2012 | 12.94% | 5.91% | 1.33x | 1.65x | CA$6.33 Million |
| 2013 | 10.33% | 5.62% | 0.82x | 2.24x | CA$1.20 Million |
| 2014 | 12.54% | 6.96% | 0.89x | 2.01x | CA$13.70 Million |
| 2015 | -17.36% | -12.31% | 0.80x | 1.75x | CA$-145.44 Million |
| 2016 | -11.35% | -11.37% | 0.58x | 1.72x | CA$-121.43 Million |
| 2017 | 6.11% | 3.52% | 0.90x | 1.92x | CA$-23.08 Million |
| 2018 | 6.84% | 3.76% | 0.96x | 1.89x | CA$-22.02 Million |
| 2019 | 4.43% | 2.36% | 1.05x | 1.80x | CA$-37.83 Million |
| 2020 | -48.92% | -25.10% | 1.04x | 1.88x | CA$-268.47 Million |
| 2021 | 10.25% | 4.17% | 1.10x | 2.23x | CA$1.22 Million |
| 2022 | 15.63% | 4.95% | 1.36x | 2.32x | CA$34.31 Million |
| 2023 | 23.50% | 7.15% | 1.57x | 2.09x | CA$88.84 Million |
| 2024 | 23.47% | 8.12% | 1.53x | 1.89x | CA$109.68 Million |
| 2025 | 25.54% | 8.21% | 1.54x | 2.02x | CA$124.57 Million |
Industry Comparison
This section compares CES Energy Solutions Corp's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $210,608,177
- Average return on equity (ROE) among peers: -19.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CES Energy Solutions Corp (CEU) | CA$801.52 Million | -49.20% | 1.02x | $2.92 Billion |
| Bri-Chem Corp. (BRY) | $35.24 Million | -40.74% | 1.10x | $6.61 Million |
| Calfrac Well Services Ltd. (CFW) | $328.84 Million | -25.18% | 1.72x | $387.05 Million |
| Enterprise Group Inc (E) | $51.99 Million | -1.80% | 0.57x | $83.04 Million |
| Enerflex Ltd. (EFX) | $1.02 Billion | 6.90% | 1.10x | $2.31 Billion |
| HTC Purenergy Inc. (HTC) | $21.80 Million | -16.58% | 0.56x | $1.03 Million |
| High Arctic Energy Services Inc. (HWO) | $115.23 Million | -31.75% | 0.16x | $7.90 Million |
| Mattr Corp (MATR) | $134.80 Million | 10.46% | 0.33x | $421.70 Million |
| Mccoy Global Inc (MCB) | $59.80 Million | -60.07% | 0.17x | $50.41 Million |
| North American Construction Group Ltd (NOA) | $127.78 Million | -16.56% | 4.87x | $400.31 Million |
About CES Energy Solutions Corp
CES Energy Solutions Corp., together with its subsidiaries, engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. Its solutions include corrosion inhibitors, demulsifie… Read more