Haivision Systems Inc (HAI) - Net Assets
Based on the latest financial reports, Haivision Systems Inc (HAI) has net assets worth CA$97.58 Million CAD (≈ $70.59 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$145.04 Million ≈ $104.92 Million USD) and total liabilities (CA$47.46 Million ≈ $34.33 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 how much debt does Haivision Systems Inc carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$97.58 Million |
| % of Total Assets | 67.28% |
| Annual Growth Rate | 22.24% |
| 5-Year Change | 9.74% |
| 10-Year Change | N/A |
| Growth Volatility | 62.48 |
Haivision Systems Inc - Net Assets Trend (2017–2025)
This chart illustrates how Haivision Systems Inc's net assets have evolved over time, based on quarterly financial data. Also explore Haivision Systems Inc (HAI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Haivision Systems Inc (2017–2025)
The table below shows the annual net assets of Haivision Systems Inc from 2017 to 2025. For live valuation and market cap data, see HAI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$97.58 Million ≈ $70.59 Million |
+0.81% |
| 2024-10-31 | CA$96.80 Million ≈ $70.02 Million |
+2.81% |
| 2023-10-31 | CA$94.15 Million ≈ $68.11 Million |
+4.32% |
| 2022-10-31 | CA$90.25 Million ≈ $65.29 Million |
+1.50% |
| 2021-10-31 | CA$88.92 Million ≈ $64.32 Million |
+195.68% |
| 2020-10-31 | CA$30.07 Million ≈ $21.75 Million |
+23.45% |
| 2019-10-31 | CA$24.36 Million ≈ $17.62 Million |
+8.88% |
| 2018-10-31 | CA$22.37 Million ≈ $16.19 Million |
+14.32% |
| 2017-10-31 | CA$19.57 Million ≈ $14.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Haivision Systems 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 350183700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$85.93 Million | 88.06% |
| Other Comprehensive Income | CA$18.89 Million | 19.36% |
| Total Equity | CA$97.58 Million | 100.00% |
Haivision Systems Inc Competitors by Market Cap
The table below lists competitors of Haivision Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Super Energy Corporation Public Company Limited
BK:SUPER-R
|
$127.87 Million |
|
NET Power Inc.
NYSE:NPWR
|
$127.88 Million |
|
Samil Pharm
KO:000520
|
$127.90 Million |
|
Sungdo Engineering & Construction Co. Ltd
KQ:037350
|
$127.92 Million |
|
King Core Electronics Inc
TW:6155
|
$127.71 Million |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
$127.69 Million |
|
Silver One Resources Inc
V:SVE
|
$127.69 Million |
|
Li-FT Power Ltd.
F:WS0
|
$127.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haivision Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 96,795,590 to 97,580,385, a change of 784,795 (0.8%).
- Net income of 114,637 contributed positively to equity growth.
- Share repurchases of 4,397,058 reduced equity.
- Other comprehensive income increased equity by 10,123,731.
- Other factors decreased equity by 5,056,515.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$114.64K | +0.12% |
| Share Repurchases | CA$4.40 Million | -4.51% |
| Other Comprehensive Income | CA$10.12 Million | +10.37% |
| Other Changes | CA$-5.06 Million | -5.18% |
| Total Change | CA$- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares Haivision Systems 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
- Current price-to-book ratio: 2.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.59x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | CA$0.76 | CA$6.50 | x |
| 2018-10-31 | CA$0.87 | CA$6.50 | x |
| 2019-10-31 | CA$0.94 | CA$6.50 | x |
| 2020-10-31 | CA$1.28 | CA$6.50 | x |
| 2021-10-31 | CA$3.09 | CA$6.50 | x |
| 2022-10-31 | CA$3.13 | CA$6.50 | x |
| 2023-10-31 | CA$3.24 | CA$6.50 | x |
| 2024-10-31 | CA$3.22 | CA$6.50 | x |
| 2025-10-31 | CA$3.23 | CA$6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haivision Systems 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): 0.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.08%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.49x
- Recent ROE (0.12%) is below the historical average (4.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 11.96% | 4.25% | 1.30x | 2.16x | CA$382.66K |
| 2018 | 11.52% | 3.82% | 1.37x | 2.20x | CA$339.27K |
| 2019 | 15.10% | 4.96% | 1.61x | 1.89x | CA$1.24 Million |
| 2020 | 19.27% | 6.97% | 1.32x | 2.09x | CA$2.79 Million |
| 2021 | -9.88% | -9.49% | 0.76x | 1.38x | CA$-17.68 Million |
| 2022 | -6.86% | -4.93% | 0.85x | 1.65x | CA$-15.22 Million |
| 2023 | -1.34% | -0.90% | 0.97x | 1.53x | CA$-10.68 Million |
| 2024 | 4.85% | 3.63% | 0.92x | 1.46x | CA$-4.98 Million |
| 2025 | 0.12% | 0.08% | 0.95x | 1.49x | CA$-9.64 Million |
Industry Comparison
This section compares Haivision Systems Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-20,487,963
- Average return on equity (ROE) among peers: -50.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haivision Systems Inc (HAI) | CA$97.58 Million | 11.96% | 0.49x | $127.86 Million |
| BlackBerry Ltd (BB) | $776.00 Million | -16.78% | 0.80x | $2.78 Billion |
| Blockchaink2 Corp (BITK) | $2.90 Million | -23.65% | 0.02x | $2.26 Million |
| Coveo Solutions Inc (CVO) | $-999.08 Million | 0.00% | 0.00x | $179.34 Million |
| Fobi AI Inc (FOBI) | $6.33 Million | -302.41% | 0.35x | $6.50 Million |
| Fintech Select Ltd (FTEC) | $-2.52 Million | 0.00% | 0.00x | $2.32 Million |
| Hank Payments Corp (HANK) | $-4.13 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $-1.73 Million | 0.00% | 0.00x | $12.27 Million |
| Mogo Inc (MOGO) | $20.03 Million | -106.62% | 4.36x | $25.11 Million |
| Martello Technologies Group Inc (MTLO) | $17.81 Million | -3.05% | 0.14x | $2.11 Million |
About Haivision Systems Inc
Haivision Systems Inc. provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Haivision Command 360, a video wall solution for situational awareness and real-time decision-making in mission-critical environments; Haivision Media Platform that manages, shares, and delivers secure corporate comm… Read more