Hammond Power Solutions Inc (HPS-A) - Net Assets

Latest as of September 2025: CA$344.80 Million CAD ≈ $249.43 Million USD

Based on the latest financial reports, Hammond Power Solutions Inc (HPS-A) has net assets worth CA$344.80 Million CAD (≈ $249.43 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$583.72 Million ≈ $422.26 Million USD) and total liabilities (CA$238.92 Million ≈ $172.83 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 Hammond Power Solutions Inc (HPS-A) total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$344.80 Million
% of Total Assets 59.07%
Annual Growth Rate 12.89%
5-Year Change 170.41%
10-Year Change 132.83%
Growth Volatility 17.37

Hammond Power Solutions Inc - Net Assets Trend (2001–2024)

This chart illustrates how Hammond Power Solutions Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hammond Power Solutions Inc's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Hammond Power Solutions Inc (2001–2024)

The table below shows the annual net assets of Hammond Power Solutions Inc from 2001 to 2024. For live valuation and market cap data, see Hammond Power Solutions Inc (HPS-A) total market value.

Year Net Assets Change
2024-12-31 CA$308.04 Million
≈ $222.83 Million
+33.71%
2023-12-31 CA$230.38 Million
≈ $166.65 Million
+30.24%
2022-12-31 CA$176.89 Million
≈ $127.96 Million
+40.39%
2021-12-31 CA$126.00 Million
≈ $91.15 Million
+10.61%
2020-12-31 CA$113.92 Million
≈ $82.41 Million
+3.78%
2019-12-31 CA$109.77 Million
≈ $79.40 Million
+0.95%
2018-12-31 CA$108.73 Million
≈ $78.66 Million
-5.46%
2017-12-31 CA$115.01 Million
≈ $83.20 Million
-4.68%
2016-12-31 CA$120.65 Million
≈ $87.28 Million
-8.80%
2015-12-31 CA$132.30 Million
≈ $95.70 Million
+15.61%
2014-12-31 CA$114.44 Million
≈ $82.78 Million
+4.94%
2013-12-31 CA$109.05 Million
≈ $78.89 Million
+7.29%
2012-12-31 CA$101.64 Million
≈ $73.53 Million
+11.15%
2011-12-31 CA$91.45 Million
≈ $66.15 Million
+6.89%
2010-12-31 CA$85.55 Million
≈ $61.89 Million
+10.39%
2009-12-31 CA$77.50 Million
≈ $56.06 Million
+11.06%
2008-12-31 CA$69.78 Million
≈ $50.48 Million
+56.89%
2007-12-31 CA$44.48 Million
≈ $32.18 Million
+39.96%
2006-12-31 CA$31.78 Million
≈ $22.99 Million
+38.07%
2005-12-31 CA$23.02 Million
≈ $16.65 Million
+22.09%
2004-12-31 CA$18.85 Million
≈ $13.64 Million
+8.48%
2003-12-31 CA$17.38 Million
≈ $12.57 Million
-4.79%
2002-12-31 CA$18.25 Million
≈ $13.21 Million
-3.56%
2001-12-31 CA$18.93 Million
≈ $13.69 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Hammond Power 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 grown by 3019.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$263.62 Million 85.58%
Common Stock CA$15.76 Million 5.12%
Other Comprehensive Income CA$26.36 Million 8.56%
Other Components CA$2.29 Million 0.74%
Total Equity CA$308.04 Million 100.00%

Hammond Power Solutions Inc Competitors by Market Cap

The table below lists competitors of Hammond Power Solutions Inc ranked by their market capitalization.

Company Market Cap
Harbin Boshi Automation Co Ltd
SHE:002698
$1.91 Billion
Badger Infrastructure Solutions Ltd
TO:BDGI
$1.91 Billion
Punjab & Sind Bank
NSE:PSB
$1.91 Billion
Neinor Homes SLU
MC:HOME
$1.91 Billion
Soitec SA
PA:SOI
$1.91 Billion
Guizhou Aviation Technical Development Co Ltd
SHG:688239
$1.91 Billion
Burckhardt Compression
SW:BCHN
$1.91 Billion
Kolon Industries Inc
KO:120110
$1.91 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hammond Power Solutions Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 230,378,000 to 308,037,000, a change of 77,659,000 (33.7%).
  • Net income of 71,531,000 contributed positively to equity growth.
  • Dividend payments of 11,607,000 reduced retained earnings.
  • Other comprehensive income increased equity by 17,735,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$71.53 Million +23.22%
Dividends Paid CA$11.61 Million -3.77%
Other Comprehensive Income CA$17.73 Million +5.76%
Total Change CA$- 33.71%

Book Value vs Market Value Analysis

This analysis compares Hammond Power 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

  • Current price-to-book ratio: 11.19x
  • 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 182.30x to 11.19x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CA$1.59 CA$289.61 x
2002-12-31 CA$1.62 CA$289.61 x
2003-12-31 CA$1.59 CA$289.61 x
2004-12-31 CA$1.69 CA$289.61 x
2005-12-31 CA$2.03 CA$289.61 x
2006-12-31 CA$2.75 CA$289.61 x
2007-12-31 CA$3.82 CA$289.61 x
2008-12-31 CA$5.91 CA$289.61 x
2009-12-31 CA$6.57 CA$289.61 x
2010-12-31 CA$7.30 CA$289.61 x
2011-12-31 CA$7.84 CA$289.61 x
2012-12-31 CA$8.50 CA$289.61 x
2013-12-31 CA$9.15 CA$289.61 x
2014-12-31 CA$9.58 CA$289.61 x
2015-12-31 CA$11.06 CA$289.61 x
2016-12-31 CA$10.29 CA$289.61 x
2017-12-31 CA$9.79 CA$289.61 x
2018-12-31 CA$9.23 CA$289.61 x
2019-12-31 CA$9.34 CA$289.61 x
2020-12-31 CA$9.70 CA$289.61 x
2021-12-31 CA$10.66 CA$289.61 x
2022-12-31 CA$14.89 CA$289.61 x
2023-12-31 CA$19.35 CA$289.61 x
2024-12-31 CA$25.87 CA$289.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hammond Power 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): 23.22%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.07%
  • • Asset Turnover: 1.60x
  • • Equity Multiplier: 1.60x
  • Recent ROE (23.22%) is above the historical average (11.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -4.02% -0.88% 1.73x 2.65x CA$-2.65 Million
2002 -0.92% -0.22% 1.63x 2.52x CA$-1.99 Million
2003 -5.03% -1.19% 1.76x 2.41x CA$-2.61 Million
2004 7.69% 1.78% 2.00x 2.16x CA$-436.30K
2005 16.76% 3.90% 2.19x 1.97x CA$1.56 Million
2006 27.29% 6.57% 2.29x 1.82x CA$5.50 Million
2007 27.88% 7.72% 2.29x 1.58x CA$7.96 Million
2008 32.71% 10.09% 2.04x 1.59x CA$15.85 Million
2009 12.43% 4.93% 1.83x 1.38x CA$1.88 Million
2010 11.35% 5.09% 1.62x 1.37x CA$1.15 Million
2011 6.55% 2.71% 1.61x 1.50x CA$-3.15 Million
2012 12.70% 4.90% 1.61x 1.61x CA$2.68 Million
2013 5.68% 2.50% 1.30x 1.75x CA$-4.62 Million
2014 2.26% 1.02% 1.34x 1.64x CA$-8.69 Million
2015 4.76% 2.25% 1.23x 1.72x CA$-6.80 Million
2016 1.51% 0.66% 1.34x 1.70x CA$-10.22 Million
2017 5.36% 2.04% 1.57x 1.68x CA$-5.33 Million
2018 -11.88% -4.11% 1.53x 1.89x CA$-23.79 Million
2019 10.57% 3.24% 1.67x 1.96x CA$630.30K
2020 12.34% 4.37% 1.70x 1.66x CA$2.67 Million
2021 12.04% 3.99% 1.62x 1.87x CA$2.58 Million
2022 25.34% 8.03% 1.85x 1.71x CA$27.14 Million
2023 27.52% 8.93% 1.74x 1.77x CA$40.36 Million
2024 23.22% 9.07% 1.60x 1.60x CA$40.73 Million

Industry Comparison

This section compares Hammond Power 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: $18,807,723
  • Average return on equity (ROE) among peers: -16.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hammond Power Solutions Inc (HPS-A) CA$344.80 Million -4.02% 0.69x $1.91 Billion
Braille Energy Systems Inc (BES) $197.41K 0.00% 0.13x $2.87 Million
Ballard Power Systems Inc (BLDP) $92.34 Million -36.19% 0.79x $875.15 Million
Eguana Technologies Inc (EGT) $-6.62 Million 0.00% 0.00x $4.09 Million
Electrovaya Inc. (ELVA) $14.87 Million -31.21% 0.12x $460.84 Million
Enerev5 Metals Inc (ENEV) $-334.65K 0.00% 0.00x $2.02 Million
Tantalus Systems Holding Inc (GRID) $2.32 Million -72.68% 14.01x $252.59 Million
Hammond Manufacturing Company Limited (HMM-A) $46.56 Million 9.79% 0.84x $81.70 Million
Legend Power Systems Inc (LPS) $-163.04K 0.00% 0.00x $9.75 Million
FuelPositive Corp (NHHH) $20.10 Million -21.67% 0.03x $15.93 Million

About Hammond Power Solutions Inc

TO:HPS-A Canada Electrical Equipment & Parts
Market Cap
$1.91 Billion
CA$2.64 Billion CAD
Market Cap Rank
#6440 Global
#208 in Canada
Share Price
CA$289.61
Change (1 day)
+0.15%
52-Week Range
CA$88.75 - CA$289.61
All Time High
CA$289.61
About

Hammond Power Solutions Inc., together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers buck-boost, control, distribution, drive isolation, encapsulated, furnace, multi-pulse, pad mounted, and regulating transformers; and active harmonic filters, autotransformers, dV/dT filters, and reactors, as … Read more