PureWave Hydrogen Corp.
PureWave Hydrogen Corp., an exploration stage company, engages in the acquisition and exploration of natural hydrogen and mineral properties in Canada and the United States. It primarily explores for hydrogen and precious metals. The company has an option to acquire the Lily Rock hydrogen project located in Kansas, the United States; and an option to acquire a 100% interest in the Fame Property, … Read more
PureWave Hydrogen Corp. (PWH) - Net Assets
Latest net assets as of May 2025: CA$3.06 Million CAD
Based on the latest financial reports, PureWave Hydrogen Corp. (PWH) has net assets worth CA$3.06 Million CAD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.24 Million) and total liabilities (CA$181.53K). 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$3.06 Million |
| % of Total Assets | 94.39% |
| Annual Growth Rate | 109.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 118.01 |
PureWave Hydrogen Corp. - Net Assets Trend (2021–2024)
This chart illustrates how PureWave Hydrogen 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 PureWave Hydrogen Corp. (2021–2024)
The table below shows the annual net assets of PureWave Hydrogen Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | CA$1.69 Million | +188.45% |
| 2023-08-31 | CA$585.76K | -12.88% |
| 2022-08-31 | CA$672.32K | +267.44% |
| 2021-08-31 | CA$182.98K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PureWave Hydrogen 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 44538500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$2.16 Million | 127.60% |
| Total Equity | CA$1.69 Million | 100.00% |
PureWave Hydrogen Corp. Competitors by Market Cap
The table below lists competitors of PureWave Hydrogen Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyon Exploration Ltd
PINK:CYNXF
|
$584.42K |
|
NuGene International Inc
PINK:NUGN
|
$585.17K |
|
Colibri Resource Corporation
PINK:CRUCF
|
$585.48K |
|
Fbec Worldwide
PINK:FBEC
|
$585.64K |
|
Compuage Infocom Limited
NSE:COMPINFO
|
$583.85K |
|
Golden Star Acquisition Corporation Rights
NASDAQ:GODNR
|
$583.15K |
|
Niagara Mohawk Power Corporation PFD 3.40%
PINK:NMPWP
|
$582.80K |
|
METLIFE - Dusseldorf Stock Exchang
DU:MWZ
|
$582.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PureWave Hydrogen Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 585,757 to 1,689,634, a change of 1,103,877 (188.5%).
- Net loss of 206,560 reduced equity.
- New share issuances of 882,500 increased equity.
- Other factors increased equity by 427,937.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-206.56K | -12.23% |
| Share Issuances | CA$882.50K | +52.23% |
| Other Changes | CA$427.94K | +25.33% |
| Total Change | CA$- | 188.45% |
Book Value vs Market Value Analysis
This analysis compares PureWave Hydrogen 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: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.70x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-08-31 | CA$0.04 | CA$0.03 | x |
| 2022-08-31 | CA$0.08 | CA$0.03 | x |
| 2023-08-31 | CA$0.07 | CA$0.03 | x |
| 2024-08-31 | CA$0.09 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PureWave Hydrogen Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-12.23%) is above the historical average (-17.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -7.82% | 0.00% | 0.00x | 1.04x | CA$-119.82K |
| 2023 | -31.79% | 0.00% | 0.00x | 1.05x | CA$-244.82K |
| 2024 | -12.23% | 0.00% | 0.00x | 1.03x | CA$-375.52K |
Industry Comparison
This section compares PureWave Hydrogen Corp.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $138,025,772
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PureWave Hydrogen Corp. (PWH) | CA$3.06 Million | -7.82% | 0.06x | $583.97K |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |