CL8 Holdings Ltd
CL8 Holdings Limited, an online technology company, engages in the provision of car subscription and rental services for individuals and businesses in Australia and New Zealand. It operates Carly.co, which provides car subscription service; and DriveMyCar, a peer-to-peer car rental service platform. The company was formerly known as Carly Holdings Limited and changed its name to CL8 Holdings Limi… Read more
CL8 Holdings Ltd (CL8) - Net Assets
Latest net assets as of December 2024: AU$-5.66 Million AUD
Based on the latest financial reports, CL8 Holdings Ltd (CL8) has net assets worth AU$-5.66 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.35 Million) and total liabilities (AU$13.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-5.66 Million |
| % of Total Assets | -77.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -214.27% |
| Growth Volatility | 170.71 |
CL8 Holdings Ltd - Net Assets Trend (1997–2024)
This chart illustrates how CL8 Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CL8 Holdings Ltd (1997–2024)
The table below shows the annual net assets of CL8 Holdings Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$-3.33 Million | -745.11% |
| 2023-06-30 | AU$516.72K | -1.62% |
| 2022-06-30 | AU$525.21K | -81.23% |
| 2021-06-30 | AU$2.80 Million | +2296.38% |
| 2020-06-30 | AU$-127.43K | -108.48% |
| 2019-06-30 | AU$1.50 Million | -44.66% |
| 2018-06-30 | AU$2.72 Million | -49.85% |
| 2017-06-30 | AU$5.42 Million | +131.35% |
| 2016-06-30 | AU$2.34 Million | -19.73% |
| 2015-06-30 | AU$2.92 Million | -18.73% |
| 2014-06-30 | AU$3.59 Million | +177.19% |
| 2013-06-30 | AU$1.29 Million | +4.50% |
| 2012-06-30 | AU$1.24 Million | -28.20% |
| 2011-06-30 | AU$1.73 Million | -40.97% |
| 2010-06-30 | AU$2.92 Million | +161.25% |
| 2009-06-30 | AU$1.12 Million | -49.54% |
| 2008-06-30 | AU$2.22 Million | +268.35% |
| 2007-06-30 | AU$602.11K | +155.99% |
| 2006-06-30 | AU$235.21K | -13.03% |
| 2005-06-30 | AU$270.45K | -67.47% |
| 2004-06-30 | AU$831.49K | -56.87% |
| 2003-06-30 | AU$1.93 Million | -43.18% |
| 2002-06-30 | AU$3.39 Million | -34.66% |
| 2001-06-30 | AU$5.19 Million | +20.30% |
| 2000-06-30 | AU$4.32 Million | +21.17% |
| 1999-06-30 | AU$3.56 Million | -22.83% |
| 1998-06-30 | AU$4.62 Million | -18.82% |
| 1997-06-30 | AU$5.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CL8 Holdings Ltd'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 2904716200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.85 Million | % |
| Other Comprehensive Income | AU$973.24K | % |
| Total Equity | AU$-3.33 Million | 100.00% |
CL8 Holdings Ltd Competitors by Market Cap
The table below lists competitors of CL8 Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genomic Vision Société Anonyme
F:G09
|
$711.54K |
|
Giant Motorsports Inc
PINK:BZRD
|
$712.16K |
|
SYROS PHARMAC.NEW DL-001
F:0S90
|
$712.24K |
|
Emmaus Life Sciences Inc
OTCQB:EMMA
|
$712.27K |
|
Taiton Resources Ltd
AU:T88
|
$710.97K |
|
Hopium SAS
PA:ALHPI
|
$710.81K |
|
Societe Parisienne d’apports En Capital SPAC SA
PA:MHM
|
$710.38K |
|
Thunder Power Holdings, Inc.
NASDAQ:AIEV
|
$710.14K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CL8 Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 516,719 to -3,333,404, a change of -3,850,123 (-745.1%).
- Net loss of 4,177,330 reduced equity.
- Share repurchases of 252,691 reduced equity.
- New share issuances of 350,000 increased equity.
- Other comprehensive income increased equity by 27,102.
- Other factors increased equity by 202,796.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.18 Million | -125.32% |
| Share Repurchases | AU$252.69K | -7.58% |
| Share Issuances | AU$350.00K | +10.5% |
| Other Comprehensive Income | AU$27.10K | +0.81% |
| Other Changes | AU$202.80K | +6.08% |
| Total Change | AU$- | -745.11% |
Book Value vs Market Value Analysis
This analysis compares CL8 Holdings Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-06-30 | AU$21.50 | AU$0.01 | x |
| 1998-06-30 | AU$16.94 | AU$0.01 | x |
| 1999-06-30 | AU$13.07 | AU$0.01 | x |
| 2000-06-30 | AU$11.86 | AU$0.01 | x |
| 2001-06-30 | AU$10.96 | AU$0.01 | x |
| 2002-06-30 | AU$6.24 | AU$0.01 | x |
| 2003-06-30 | AU$3.54 | AU$0.01 | x |
| 2004-06-30 | AU$1.53 | AU$0.01 | x |
| 2005-06-30 | AU$0.50 | AU$0.01 | x |
| 2006-06-30 | AU$0.40 | AU$0.01 | x |
| 2007-06-30 | AU$0.89 | AU$0.01 | x |
| 2008-06-30 | AU$3.68 | AU$0.01 | x |
| 2009-06-30 | AU$1.86 | AU$0.01 | x |
| 2010-06-30 | AU$3.02 | AU$0.01 | x |
| 2011-06-30 | AU$0.60 | AU$0.01 | x |
| 2012-06-30 | AU$0.36 | AU$0.01 | x |
| 2013-06-30 | AU$0.28 | AU$0.01 | x |
| 2014-06-30 | AU$0.36 | AU$0.01 | x |
| 2015-06-30 | AU$0.18 | AU$0.01 | x |
| 2016-06-30 | AU$0.17 | AU$0.01 | x |
| 2017-06-30 | AU$0.31 | AU$0.01 | x |
| 2018-06-30 | AU$0.11 | AU$0.01 | x |
| 2019-06-30 | AU$0.05 | AU$0.01 | x |
| 2020-06-30 | AU$-0.06 | AU$0.01 | x |
| 2021-06-30 | AU$0.04 | AU$0.01 | x |
| 2022-06-30 | AU$0.00 | AU$0.01 | x |
| 2023-06-30 | AU$0.00 | AU$0.01 | x |
| 2024-06-30 | AU$-0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CL8 Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -116.03%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-100.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -28.89% | 0.00% | 0.00x | 1.04x | AU$-2.21 Million |
| 1998 | -29.17% | 0.00% | 0.00x | 1.02x | AU$-1.81 Million |
| 1999 | -29.87% | 0.00% | 0.00x | 1.01x | AU$-1.42 Million |
| 2000 | -92.63% | -170.06% | 0.48x | 1.14x | AU$-4.43 Million |
| 2001 | -68.41% | -616.30% | 0.10x | 1.11x | AU$-4.07 Million |
| 2002 | -53.03% | -92.21% | 0.50x | 1.15x | AU$-2.14 Million |
| 2003 | -77.99% | -60.28% | 1.06x | 1.22x | AU$-1.70 Million |
| 2004 | -128.67% | -41.34% | 1.83x | 1.70x | AU$-1.15 Million |
| 2005 | -207.45% | -17.19% | 2.32x | 5.20x | AU$-588.08K |
| 2006 | -96.67% | -6.81% | 3.47x | 4.09x | AU$-250.89K |
| 2007 | 64.30% | 10.35% | 3.12x | 1.99x | AU$326.92K |
| 2008 | 74.99% | 104.81% | 0.61x | 1.18x | AU$1.44 Million |
| 2009 | -98.29% | -78.43% | 0.95x | 1.32x | AU$-1.21 Million |
| 2010 | -50.29% | -33.11% | 0.66x | 2.32x | AU$-1.75 Million |
| 2011 | -93.74% | -33.17% | 0.75x | 3.75x | AU$-1.76 Million |
| 2012 | -60.50% | -16.59% | 0.84x | 4.34x | AU$-849.84K |
| 2013 | 42.28% | 17.29% | 0.75x | 3.27x | AU$407.07K |
| 2014 | -56.58% | -42.60% | 0.56x | 2.38x | AU$-1.70 Million |
| 2015 | -68.64% | -477.88% | 0.12x | 1.17x | AU$-2.29 Million |
| 2016 | -82.24% | -313.84% | 0.23x | 1.16x | AU$-2.16 Million |
| 2017 | -38.64% | -226.85% | 0.15x | 1.15x | AU$-2.63 Million |
| 2018 | -111.37% | -247.81% | 0.35x | 1.30x | AU$-3.26 Million |
| 2019 | -215.21% | -312.87% | 0.28x | 2.49x | AU$-3.39 Million |
| 2020 | 0.00% | -448.94% | 0.72x | 0.00x | AU$-5.36 Million |
| 2021 | -119.93% | -336.72% | 0.23x | 1.54x | AU$-3.64 Million |
| 2022 | -572.63% | -239.88% | 0.49x | 4.84x | AU$-3.06 Million |
| 2023 | -608.11% | -149.60% | 0.34x | 11.95x | AU$-3.19 Million |
| 2024 | 0.00% | -116.03% | 0.38x | 0.00x | AU$-3.84 Million |
Industry Comparison
This section compares CL8 Holdings Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $149,100,235
- Average return on equity (ROE) among peers: -2.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CL8 Holdings Ltd (CL8) | AU$-5.66 Million | -28.89% | N/A | $711.19K |
| Aquirian Ltd (AQN) | $12.79 Million | -26.67% | 1.70x | $13.41 Million |
| Babylon Pump & Power Ltd (BPP) | $4.18 Million | -26.82% | 0.29x | $2.82 Million |
| Fleetpartners Group Ltd (FPR) | $552.12 Million | 4.99% | 2.49x | $261.23 Million |
| SG Fleet Group Ltd (SGF) | $108.72 Million | 17.08% | 1.43x | $296.64 Million |
| SIV Capital Ltd (SIV) | $67.68 Million | 18.77% | 2.23x | $1.41 Million |