Lithium & Boron Technology Inc
The fund invests, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in companies that benefit from a transitioning climate environment. Equity securities generally include common stocks, preferred stocks, depositary receipts such as American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs") and European Depositary Receipt… Read more
Lithium & Boron Technology Inc (HEAT) - Net Assets
Latest net assets as of June 2019: $-5.05 Million USD
Based on the latest financial reports, Lithium & Boron Technology Inc (HEAT) has net assets worth $-5.05 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.96 Million) and total liabilities ($11.02 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 | $-5.05 Million |
| % of Total Assets | -84.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | -110.99% |
| 10-Year Change | -104.83% |
| Growth Volatility | 448.66 |
Lithium & Boron Technology Inc - Net Assets Trend (2008–2018)
This chart illustrates how Lithium & Boron Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lithium & Boron Technology Inc (2008–2018)
The table below shows the annual net assets of Lithium & Boron Technology Inc from 2008 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $-4.86 Million | -264.77% |
| 2017-12-31 | $2.95 Million | +127.68% |
| 2016-12-31 | $-10.66 Million | -1297.75% |
| 2015-12-31 | $890.00K | -97.99% |
| 2014-12-31 | $44.26 Million | -23.02% |
| 2013-12-31 | $57.49 Million | -47.53% |
| 2012-12-31 | $109.57 Million | -20.62% |
| 2011-12-31 | $138.04 Million | -10.35% |
| 2010-12-31 | $153.97 Million | +52.87% |
| 2009-12-31 | $100.72 Million | +462.89% |
| 2008-12-31 | $17.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lithium & Boron Technology Inc'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 72.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.61 Million | % |
| Common Stock | $185.97K | % |
| Total Equity | $-4.86 Million | 100.00% |
Lithium & Boron Technology Inc Competitors by Market Cap
The table below lists competitors of Lithium & Boron Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agra Ventures Ltd.
PINK:AGFAF
|
$298.23K |
|
Falcon Inv. Falcon DK Aktier
CO:FIIFDA
|
$298.24K |
|
RENASANT
BE:RN6
|
$298.32K |
|
Siemens Energy India Limited
NSE:ENRIN
|
$298.65K |
|
CBL + ASS. PROP. DL-01
F:CAZ0
|
$297.99K |
|
MITSUI & CO - Dusseldorf Stock Exchang
DU:MTS1
|
$297.99K |
|
TECNICAS REUNIDAS - Dusseldorf Stock Exchang
DU:T5R
|
$297.78K |
|
Kermode Resources Ltd
PINK:KMDRF
|
$297.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium & Boron Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 2,950,949 to -4,862,311, a change of -7,813,260 (-264.8%).
- Net income of 476,695 contributed positively to equity growth.
- Other factors decreased equity by 8,289,955.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $476.69K | +9.8% |
| Other Changes | $-8.29 Million | -170.49% |
| Total Change | $- | -264.77% |
Book Value vs Market Value Analysis
This analysis compares Lithium & Boron Technology Inc'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 |
|---|---|---|---|
| 2017-12-31 | $0.00 | $30.68 | x |
| 2018-12-31 | $0.00 | $30.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium & Boron Technology Inc 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: 7.91%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-10.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 35.40% | 19.39% | 1.30x | 1.40x | $4.55 Million |
| 2009 | 15.44% | 18.70% | 0.70x | 1.18x | $5.44 Million |
| 2010 | 14.80% | 18.10% | 0.71x | 1.15x | $7.36 Million |
| 2013 | -141.31% | -111.09% | 0.39x | 3.27x | $-53.18 Million |
| 2014 | -37.90% | -28.08% | 0.33x | 4.09x | $-12.09 Million |
| 2015 | 0.00% | -1640.03% | 0.31x | 0.00x | $-42.50 Million |
| 2016 | 0.00% | -8918.67% | 0.03x | 0.00x | $-6.75 Million |
| 2017 | 17.73% | 7.20% | 1.03x | 2.40x | $228.06K |
| 2018 | 0.00% | 7.91% | 0.97x | 0.00x | $962.93K |
Industry Comparison
This section compares Lithium & Boron Technology Inc's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium & Boron Technology Inc (HEAT) | $-5.05 Million | 35.40% | N/A | $298.06K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |