Shorepower Technologies Inc.
Shorepower Technologies Inc. designs, builds, installs, and operates electrified parking spaces in truck stops, rest areas, travel plazas, warehouses, truck depots, terminals, shopping malls, businesses and other types of parking areas in the United States. The company operates heavy-duty electrified parking spaces; and plug-in stations for trucks, electric vehicles, and refrigerated trailers. It… Read more
Shorepower Technologies Inc. (SPEV) - Total Assets
Latest total assets as of August 2025: $74.05K USD
Based on the latest financial reports, Shorepower Technologies Inc. (SPEV) holds total assets worth $74.05K USD as of August 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shorepower Technologies Inc. - Total Assets Trend (2020–2025)
This chart illustrates how Shorepower Technologies Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shorepower Technologies Inc. - Asset Composition Analysis
Current Asset Composition (February 2025)
Shorepower Technologies Inc.'s total assets of $74.05K consist of 98.5% current assets and 1.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $44.76K | 68.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Shorepower Technologies Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shorepower Technologies Inc.'s current assets represent 98.5% of total assets in 2025, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 28.0% of total assets in 2025, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 68.4% of total assets.
Shorepower Technologies Inc. Competitors by Total Assets
Key competitors of Shorepower Technologies Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
Shorepower Technologies Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Shorepower Technologies Inc. generates 1.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shorepower Technologies Inc. is currently not profitable relative to its asset base.
Shorepower Technologies Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.07 | 0.10 | 55.79 |
| Quick Ratio | 0.05 | 0.05 | 55.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-980.94K | $ -618.03K | $ 161.09K |
Shorepower Technologies Inc. - Advanced Valuation Insights
This section examines the relationship between Shorepower Technologies Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 18.62 |
| Latest Market Cap to Assets Ratio | 7.05 |
| Asset Growth Rate (YoY) | -68.8% |
| Total Assets | $65.42K |
| Market Capitalization | $461.21K USD |
Valuation Analysis
Premium Asset Valuation: The market values Shorepower Technologies Inc.'s assets at a significant premium ( 7.05x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Shorepower Technologies Inc.'s assets decreased by 68.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shorepower Technologies Inc. (2020–2025)
The table below shows the annual total assets of Shorepower Technologies Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $65.42K | -68.76% |
| 2024-02-29 | $209.38K | -69.04% |
| 2023-02-28 | $676.27K | +217.55% |
| 2022-02-28 | $212.96K | +283852.00% |
| 2021-02-28 | $75.00 | -75.08% |
| 2020-02-29 | $301.00 | -- |