Oceanic Wind Energy Inc
Oceanic Wind Energy Inc. develops renewable energy projects in Canada. It develops an offshore wind energy project located in the Hecate Strait on the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc. and changed its name to Oceanic Wind Energy Inc. in May 2020. Oceanic Wind Energy Inc. is headquartered in Vancouver, Canada.
Oceanic Wind Energy Inc (NKWFF) - Total Assets
Latest total assets as of September 2025: $1.47 Million USD
Based on the latest financial reports, Oceanic Wind Energy Inc (NKWFF) holds total assets worth $1.47 Million USD as of September 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.
Oceanic Wind Energy Inc - Total Assets Trend (1996–2025)
This chart illustrates how Oceanic Wind Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Oceanic Wind Energy Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Oceanic Wind Energy Inc's total assets of $1.47 Million consist of 47.0% current assets and 53.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 46.3% |
| Accounts Receivable | $9.58K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2025)
This chart illustrates how Oceanic Wind Energy 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: Oceanic Wind Energy Inc's current assets represent 47.0% of total assets in 2025, an increase from 10.8% in 1996.
- Cash Position: Cash and equivalents constituted 46.3% of total assets in 2025, up from 9.1% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Oceanic Wind Energy Inc Competitors by Total Assets
Key competitors of Oceanic Wind Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Oceanic Wind Energy 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
Lower asset utilization - Oceanic Wind Energy Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Oceanic Wind Energy Inc generates $ 68.78 in net profit.
Oceanic Wind Energy 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 | 3.10 | 0.26 | 0.14 |
| Quick Ratio | 3.10 | 0.26 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $467.62K | $ -194.38K | $ -964.55K |
Oceanic Wind Energy Inc - Advanced Valuation Insights
This section examines the relationship between Oceanic Wind Energy 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 | 4.18 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 242.0% |
| Total Assets | $1.47 Million |
| Market Capitalization | $790.26K USD |
Valuation Analysis
Below Book Valuation: The market values Oceanic Wind Energy Inc's assets below their book value (0.54 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Oceanic Wind Energy Inc's assets grew by 242.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Oceanic Wind Energy Inc (1996–2025)
The table below shows the annual total assets of Oceanic Wind Energy Inc from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $1.47 Million | +241.98% |
| 2024-09-30 | $429.05K | +1073.30% |
| 2023-09-30 | $36.57K | -45.84% |
| 2022-09-30 | $67.52K | -75.29% |
| 2021-09-30 | $273.30K | +279.89% |
| 2020-09-30 | $71.94K | -84.37% |
| 2019-09-30 | $460.30K | +2.28% |
| 2018-09-30 | $450.02K | -47.62% |
| 2017-09-30 | $859.10K | -29.43% |
| 2016-09-30 | $1.22 Million | -2.77% |
| 2015-09-30 | $1.25 Million | -57.66% |
| 2014-09-30 | $2.96 Million | -20.90% |
| 2013-09-30 | $3.74 Million | -30.65% |
| 2012-09-30 | $5.39 Million | -29.24% |
| 2011-09-30 | $7.62 Million | -25.87% |
| 2010-09-30 | $10.28 Million | -41.75% |
| 2009-09-30 | $17.64 Million | -44.87% |
| 2008-09-30 | $32.00 Million | -19.44% |
| 2007-09-30 | $39.72 Million | +1117.40% |
| 2006-09-30 | $3.26 Million | +261.33% |
| 2005-09-30 | $902.96K | -17.14% |
| 2004-09-30 | $1.09 Million | -12.95% |
| 2003-09-30 | $1.25 Million | -32.40% |
| 2002-09-30 | $1.85 Million | -51.40% |
| 2001-09-30 | $3.81 Million | +20.86% |
| 2000-09-30 | $3.15 Million | -2.04% |
| 1999-09-30 | $3.22 Million | -4.73% |
| 1998-09-30 | $3.38 Million | -2.68% |
| 1997-09-30 | $3.47 Million | 0.00% |
| 1996-09-30 | $3.47 Million | -- |