P2 Solar Inc
P2 Solar, Inc., focuses on the construction and installation of residential and commercial rooftop and ground-mount solar energy systems in Canada. The company was formerly known as Natco International Inc. and changed its name to P2 Solar, Inc. in March 2009. The company was incorporated in 1990 and is headquartered in Surrey, Canada.
P2 Solar Inc (PTOS) - Total Assets
Latest total assets as of June 2025: $103.70K USD
Based on the latest financial reports, P2 Solar Inc (PTOS) holds total assets worth $103.70K USD as of June 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.
P2 Solar Inc - Total Assets Trend (2005–2025)
This chart illustrates how P2 Solar Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
P2 Solar Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
P2 Solar Inc's total assets of $103.70K consist of 12.1% current assets and 87.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $8.79K | 8.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $90.25K | 87.9% |
Asset Composition Trend (2005–2025)
This chart illustrates how P2 Solar 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: P2 Solar Inc's current assets represent 12.1% of total assets in 2025, a decrease from 74.3% in 2005.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, the same as 0.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 87.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is goodwill at 87.9% of total assets.
P2 Solar Inc Competitors by Total Assets
Key competitors of P2 Solar Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
P2 Solar 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 - P2 Solar Inc generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - P2 Solar Inc is currently not profitable relative to its asset base.
P2 Solar 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 | 0.01 | 0.01 | 0.15 |
| Quick Ratio | 0.01 | 0.01 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.07 Million | $ -1.85 Million | $ -466.38K |
P2 Solar Inc - Advanced Valuation Insights
This section examines the relationship between P2 Solar 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 | - |
| Latest Market Cap to Assets Ratio | 11.39 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | $102.72K |
| Market Capitalization | $1.17 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values P2 Solar Inc's assets at a significant premium ( 11.39x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: P2 Solar Inc's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for P2 Solar Inc (2005–2025)
The table below shows the annual total assets of P2 Solar Inc from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $102.72K | -10.38% |
| 2024-03-31 | $114.61K | +470.95% |
| 2023-03-31 | $20.07K | -12.52% |
| 2022-03-31 | $22.95K | +111.56% |
| 2021-03-31 | $10.85K | +12.81% |
| 2020-03-31 | $9.62K | -20.76% |
| 2019-03-31 | $12.13K | -92.31% |
| 2014-03-31 | $157.81K | +109.98% |
| 2013-03-31 | $75.15K | +521.47% |
| 2012-03-31 | $12.09K | -99.41% |
| 2011-03-31 | $2.03 Million | -31.65% |
| 2010-03-31 | $2.98 Million | +11.64% |
| 2009-03-31 | $2.67 Million | +68.30% |
| 2008-03-31 | $1.58 Million | +8504.90% |
| 2007-03-31 | $18.41K | -12.54% |
| 2006-03-31 | $21.05K | -51.07% |
| 2005-03-31 | $43.03K | -- |