Icandy Interactive Ltd
iCandy Interactive Limited, together with its subsidiaries, designs, develops, and publishes mobile games and digital entertainment in Australia, Singapore, Malaysia, Indonesia, and Europe. It operates in Game Development Services and Game Development and Publishing segments. The company offers creative art and animation services for games and media contents, as well as engages in the design and … Read more
Icandy Interactive Ltd (ICI) - Net Assets
Latest net assets as of December 2024: AU$66.96 Million AUD
Based on the latest financial reports, Icandy Interactive Ltd (ICI) has net assets worth AU$66.96 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$75.16 Million) and total liabilities (AU$8.20 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$66.96 Million |
| % of Total Assets | 89.09% |
| Annual Growth Rate | 38.66% |
| 5-Year Change | 333.28% |
| 10-Year Change | N/A |
| Growth Volatility | 183.92 |
Icandy Interactive Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Icandy Interactive 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 Icandy Interactive Ltd (2014–2024)
The table below shows the annual net assets of Icandy Interactive Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$66.96 Million | +3.49% |
| 2023-12-31 | AU$64.70 Million | -21.99% |
| 2022-12-31 | AU$82.94 Million | +146.08% |
| 2021-12-31 | AU$33.70 Million | +118.09% |
| 2020-12-31 | AU$15.45 Million | +548.82% |
| 2019-12-31 | AU$2.38 Million | -19.69% |
| 2018-12-31 | AU$2.97 Million | -21.81% |
| 2017-12-31 | AU$3.79 Million | +23.92% |
| 2016-12-31 | AU$3.06 Million | +735.40% |
| 2015-12-31 | AU$-481.76K | -118.91% |
| 2014-12-31 | AU$2.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Icandy Interactive 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 2433055600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$115.45 Million | 172.81% |
| Other Comprehensive Income | AU$-24.08 Million | -36.05% |
| Total Equity | AU$66.81 Million | 100.00% |
Icandy Interactive Ltd Competitors by Market Cap
The table below lists competitors of Icandy Interactive Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berkah Prima Perkasa Tbk PT
JK:BLUE
|
$11.01 Million |
|
IKTINOS HELLAS NA EO 010
F:F40
|
$11.02 Million |
|
TRANSTEMA GROUP AB O.N.
F:9G8
|
$11.02 Million |
|
Key Energy Services Inc
PINK:KEGX
|
$11.02 Million |
|
Betamek Bhd
KLSE:0263
|
$11.01 Million |
|
Jaya Agra Wattie Tbk
JK:JAWA
|
$11.00 Million |
|
Pelangio Exploration Inc
PINK:PGXPF
|
$11.00 Million |
|
Silvair Inc
WAR:SVRS
|
$11.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Icandy Interactive Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,555,492 to 66,805,503, a change of 2,250,011 (3.5%).
- Net income of 381,564 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,659,585.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$381.56K | +0.57% |
| Other Comprehensive Income | AU$1.66 Million | +2.48% |
| Other Changes | AU$208.86K | +0.31% |
| Total Change | AU$- | 3.49% |
Book Value vs Market Value Analysis
This analysis compares Icandy Interactive 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
- Current price-to-book ratio: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.15x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | AU$0.10 | AU$0.02 | x |
| 2015-12-31 | AU$0.00 | AU$0.02 | x |
| 2016-12-31 | AU$0.01 | AU$0.02 | x |
| 2017-12-31 | AU$0.01 | AU$0.02 | x |
| 2018-12-31 | AU$0.01 | AU$0.02 | x |
| 2019-12-31 | AU$0.01 | AU$0.02 | x |
| 2020-12-31 | AU$0.04 | AU$0.02 | x |
| 2021-12-31 | AU$0.06 | AU$0.02 | x |
| 2022-12-31 | AU$0.07 | AU$0.02 | x |
| 2023-12-31 | AU$0.05 | AU$0.02 | x |
| 2024-12-31 | AU$0.05 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Icandy Interactive Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.50%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.13x
- Recent ROE (0.57%) is above the historical average (-31.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -4.20% | -58.15% | 0.04x | 1.66x | AU$-361.80K |
| 2015 | 0.00% | -166.52% | 0.16x | 0.00x | AU$-202.08K |
| 2016 | -18.90% | -39.99% | 0.38x | 1.24x | AU$-884.56K |
| 2017 | -82.09% | -187.99% | 0.34x | 1.27x | AU$-3.49 Million |
| 2018 | -116.16% | -119.24% | 0.62x | 1.58x | AU$-3.74 Million |
| 2019 | -88.67% | -99.38% | 0.53x | 1.67x | AU$-2.47 Million |
| 2020 | -2.85% | -12.13% | 0.20x | 1.16x | AU$-1.97 Million |
| 2021 | -12.26% | -212.12% | 0.05x | 1.07x | AU$-7.49 Million |
| 2022 | -1.83% | -5.13% | 0.31x | 1.14x | AU$-9.69 Million |
| 2023 | -20.42% | -50.49% | 0.35x | 1.15x | AU$-19.64 Million |
| 2024 | 0.57% | 1.50% | 0.34x | 1.13x | AU$-6.30 Million |
Industry Comparison
This section compares Icandy Interactive Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $12,538,748
- Average return on equity (ROE) among peers: -10.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Icandy Interactive Ltd (ICI) | AU$66.96 Million | -4.20% | 0.12x | $11.01 Million |
| Fortifai Ltd (FTI) | $-994.79K | 0.00% | 0.00x | $15.37 Million |
| Mighty Kingdom Ltd (MKL) | $-3.19 Million | 0.00% | 0.00x | $3.95 Million |
| Playside Studios Ltd (PLY) | $39.29 Million | -30.81% | 0.41x | $31.21 Million |
| Streamplay Studio Ltd (SP8) | $15.05 Million | -10.25% | 0.09x | $4.16 Million |