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