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HPSIF (Hybrid Power Solutions) ROE % : -1,034.84% (As of Nov. 2024)


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What is Hybrid Power Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hybrid Power Solutions's annualized net income for the quarter that ended in Nov. 2024 was $-1.60 Mil. Hybrid Power Solutions's average Total Stockholders Equity over the quarter that ended in Nov. 2024 was $0.16 Mil. Therefore, Hybrid Power Solutions's annualized ROE % for the quarter that ended in Nov. 2024 was -1,034.84%.

The historical rank and industry rank for Hybrid Power Solutions's ROE % or its related term are showing as below:

HPSIF' s ROE % Range Over the Past 10 Years
Min: -2474.15   Med: 0   Max: 0
Current: -2474.15

HPSIF's ROE % is ranked worse than
99.8% of 2949 companies
in the Industrial Products industry
Industry Median: 6.17 vs HPSIF: -2474.15

Hybrid Power Solutions ROE % Historical Data

The historical data trend for Hybrid Power Solutions's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hybrid Power Solutions ROE % Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23 May24
ROE %
- - - -

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -8,389.33 -489.62 -1,233.77 -1,034.84

Competitive Comparison of Hybrid Power Solutions's ROE %

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hybrid Power Solutions's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's ROE % distribution charts can be found below:

* The bar in red indicates where Hybrid Power Solutions's ROE % falls into.



Hybrid Power Solutions ROE % Calculation

Hybrid Power Solutions's annualized ROE % for the fiscal year that ended in May. 2024 is calculated as

ROE %=Net Income (A: May. 2024 )/( (Total Stockholders Equity (A: May. 2023 )+Total Stockholders Equity (A: May. 2024 ))/ count )
=-4.765/( (-1.584+0.307)/ 2 )
=-4.765/-0.6385
=N/A %

Hybrid Power Solutions's annualized ROE % for the quarter that ended in Nov. 2024 is calculated as

ROE %=Net Income (Q: Nov. 2024 )/( (Total Stockholders Equity (Q: Aug. 2024 )+Total Stockholders Equity (Q: Nov. 2024 ))/ count )
=-1.604/( (0.226+0.084)/ 2 )
=-1.604/0.155
=-1,034.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Nov. 2024) net income data. ROE % is displayed in the 30-year financial page.


Hybrid Power Solutions  (OTCPK:HPSIF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-1.604/0.155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.604 / 2.956)*(2.956 / 2.3855)*(2.3855 / 0.155)
=Net Margin %*Asset Turnover*Equity Multiplier
=-54.26 %*1.2392*15.3903
=ROA %*Equity Multiplier
=-67.24 %*15.3903
=-1,034.84 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-1.604/0.155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.604 / -1.604) * (-1.604 / -1.384) * (-1.384 / 2.956) * (2.956 / 2.3855) * (2.3855 / 0.155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.159 * -46.82 % * 1.2392 * 15.3903
=-1,034.84 %

Note: The net income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hybrid Power Solutions ROE % Related Terms

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Hybrid Power Solutions Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada; Revenue is generated in three geographical markets, being Canada, United States and Netherlands.

Hybrid Power Solutions Headlines