The Hempshire Group Corp.
The Hempshire Group, Inc. engages in the production and distribution of CBD Hemp smokes. It offers organic hemp flower, mullein, and sage products under the MOUNTAIN Smokes brand name. The Hempshire Group, Inc. is headquartered in Calgary, Canada.
The Hempshire Group Corp. (HMPG) - Net Assets
Latest net assets as of September 2023: CA$-175.74K CAD
Based on the latest financial reports, The Hempshire Group Corp. (HMPG) has net assets worth CA$-175.74K CAD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$713.00K) and total liabilities (CA$888.74K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-175.74K |
| % of Total Assets | -24.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
The Hempshire Group Corp. - Net Assets Trend (2021–2022)
This chart illustrates how The Hempshire Group Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Hempshire Group Corp. (2021–2022)
The table below shows the annual net assets of The Hempshire Group Corp. from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$996.80K | +219.31% |
| 2021-12-31 | CA$-835.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Hempshire Group 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 decreased by 650292100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.30 Million | 1033.76% |
| Total Equity | CA$996.80K | 100.00% |
The Hempshire Group Corp. Competitors by Market Cap
The table below lists competitors of The Hempshire Group Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MCCORMICK NON VTG - Dusseldorf Stock Exchang
DU:MCX
|
$515.18K |
|
GDXW
BATS:GDXW
|
$515.18K |
|
DUFRY N
MU:D2J
|
$515.33K |
|
Arway Corporation
PINK:ARWYF
|
$515.37K |
|
ARKEMA - Dusseldorf Stock Exchang
DU:V1S
|
$515.11K |
|
DANIELI & C.
BE:DAS
|
$514.67K |
|
Zidane Capital Corp
V:ZZE-H
|
$514.14K |
|
BALL - Dusseldorf Stock Exchang
DU:BL8
|
$513.81K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Hempshire Group Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -835,457 to 996,800, a change of 1,832,257.
- Net loss of 6,502,921 reduced equity.
- New share issuances of 3,471,470 increased equity.
- Other factors increased equity by 4,863,708.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.50 Million | -652.38% |
| Share Issuances | CA$3.47 Million | +348.26% |
| Other Changes | CA$4.86 Million | +487.93% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares The Hempshire Group 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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$-0.01 | CA$0.02 | x |
| 2022-12-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Hempshire Group Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -652.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7300.91%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.43x
- Recent ROE (-652.38%) is below the historical average (-326.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -755.50% | 0.42x | 0.00x | CA$-2.08 Million |
| 2022 | -652.38% | -7300.91% | 0.06x | 1.43x | CA$-6.60 Million |
Industry Comparison
This section compares The Hempshire Group Corp.'s net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $157,188,303
- Average return on equity (ROE) among peers: -337.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Hempshire Group Corp. (HMPG) | CA$-175.74K | 0.00% | N/A | $515.15K |
| Amotiv Limited (AOV) | $1.03 Billion | 2.34% | 0.02x | $227.52 Million |
| Cannabist Company Holdings Inc (CBST) | $-986.97K | 0.00% | 0.00x | $11.81 Million |
| DRI Healthcare Trust (DHT-U) | $372.34 Million | 3.11% | 0.70x | $450.44 Million |
| GenixPharmaceucticals Corporation (GENX) | $4.01 Million | -41.17% | 0.19x | $451.93K |
| Simply Solventless Concentrates Ltd. (HASH) | $1.78 Million | -130.46% | 0.98x | $2.81 Million |
| LSL Pharma Group Inc. (LSL) | $7.48 Million | 1.18% | 2.18x | $24.09 Million |
| Good Shroom Co Inc (MUSH) | $242.01K | -170.37% | 3.22x | $2.78 Million |
| Navasota Resources Inc. (NAV) | $3.47K | -2698.16% | 31.31x | $132.92K |
| Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) (VRNO) | $-216.50K | 0.00% | 0.00x | $303.72 Million |