FuelPositive Corp (NHHH) - Net Assets

Latest as of June 2025: CA$9.92 Million CAD ≈ $7.18 Million USD

Based on the latest financial reports, FuelPositive Corp (NHHH) has net assets worth CA$9.92 Million CAD (≈ $7.18 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$12.78 Million ≈ $9.24 Million USD) and total liabilities (CA$2.86 Million ≈ $2.07 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 FuelPositive Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$9.92 Million
% of Total Assets 77.65%
Annual Growth Rate -7.58%
5-Year Change -6.53%
10-Year Change N/A
Growth Volatility 55.11

FuelPositive Corp - Net Assets Trend (2017–2024)

This chart illustrates how FuelPositive Corp's net assets have evolved over time, based on quarterly financial data. Also explore NHHH current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for FuelPositive Corp (2017–2024)

The table below shows the annual net assets of FuelPositive Corp from 2017 to 2024. For live valuation and market cap data, see FuelPositive Corp market capitalisation.

Year Net Assets Change
2024-09-30 CA$12.48 Million
≈ $9.03 Million		 -52.60%
2023-09-30 CA$26.34 Million
≈ $19.05 Million		 -4.41%
2022-09-30 CA$27.55 Million
≈ $19.93 Million		 -11.23%
2021-09-30 CA$31.04 Million
≈ $22.45 Million		 +132.39%
2020-09-30 CA$13.36 Million
≈ $9.66 Million		 -8.25%
2019-09-30 CA$14.56 Million
≈ $10.53 Million		 -27.60%
2018-09-30 CA$20.10 Million
≈ $14.54 Million		 -7.26%
2017-09-30 CA$21.68 Million
≈ $15.68 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to FuelPositive 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 6466224000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Other Components CA$146.24 Million 862.06%
Total Equity CA$16.96 Million 100.00%

FuelPositive Corp Competitors by Market Cap

The table below lists competitors of FuelPositive Corp ranked by their market capitalization.

Company Market Cap
Vinpai SAS
PA:ALVIN
 $15.94 Million
Sunlands Technology Group
NYSE:STG
 $15.98 Million
Nam Sung
KO:004270
 $15.98 Million
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
 $15.99 Million
IMAGIS Co. Ltd
KQ:115610
 $15.93 Million
Modern Internasional Tbk
JK:MDRN
 $15.92 Million
Digital Graphics Incorporation
KQ:043360
 $15.92 Million
Diversified Gateway Solutions Bhd
KLSE:0131
 $15.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FuelPositive Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 30,811,747 to 16,964,174, a change of -13,847,573 (-44.9%).
  • Net loss of 19,116,280 reduced equity.
  • New share issuances of 3,810,776 increased equity.
  • Other factors increased equity by 1,457,931.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-19.12 Million -112.69%
Share Issuances CA$3.81 Million +22.46%
Other Changes CA$1.46 Million +8.59%
Total Change CA$- -44.94%

Book Value vs Market Value Analysis

This analysis compares FuelPositive 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: 1.29x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.18x to 1.29x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-09-30 CA$0.22 CA$0.04 x
2018-09-30 CA$0.19 CA$0.04 x
2019-09-30 CA$0.13 CA$0.04 x
2020-09-30 CA$0.12 CA$0.04 x
2021-09-30 CA$0.12 CA$0.04 x
2022-09-30 CA$0.09 CA$0.04 x
2023-09-30 CA$0.06 CA$0.04 x
2024-09-30 CA$0.03 CA$0.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FuelPositive 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): -112.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.88x
  • Recent ROE (-112.69%) is below the historical average (-37.40%), 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 -22.99% 0.00% 0.00x 0.92x CA$-7.91 Million
2018 -18.28% 0.00% 0.00x 0.87x CA$-6.74 Million
2019 -33.23% 0.00% 0.00x 0.83x CA$-8.09 Million
2020 -7.06% 0.00% 0.00x 0.85x CA$-3.02 Million
2021 -18.79% 0.00% 0.00x 0.93x CA$-10.13 Million
2022 -43.39% 0.00% 0.00x 0.90x CA$-17.13 Million
2023 -42.79% 0.00% 0.00x 0.88x CA$-16.27 Million
2024 -112.69% 0.00% 0.00x 0.88x CA$-20.81 Million

Industry Comparison

This section compares FuelPositive Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $21,516,073
  • Average return on equity (ROE) among peers: -11.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FuelPositive Corp (NHHH) CA$9.92 Million -22.99% 0.29x $15.93 Million
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
Hammond Power Solutions Inc (HPS-A) $44.48 Million 27.88% 0.58x $1.91 Billion
Legend Power Systems Inc (LPS) $-163.04K 0.00% 0.00x $9.75 Million

About FuelPositive Corp

V:NHHH Canada Electrical Equipment & Parts
Market Cap
$15.93 Million
CA$22.03 Million CAD
Market Cap Rank
#25680 Global
#1037 in Canada
Share Price
CA$0.04
Change (1 day)
-11.11%
52-Week Range
CA$0.04 - CA$0.08
All Time High
CA$0.39
Categories
Companies in Canada Electrical Equipment & Parts
About

FuelPositive Corporation provides green ammonia solutions in Canada. It offers a green ammonia production system that takes air, water, and electricity to produce a non-polluting chemical for various applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, and a solution for grid storage, as well as a hydrogen storage for fuel cells and other sectors.… Read more