AgriFORCE Growing Systems Ltd
AgriFORCE Growing Systems Ltd., a technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates through Unthink Food, Radical Clean Solutions, Bitcoin Mining segments. It offers controlled environment agriculture equipment; provides management advisory services; holds intellectual … Read more
AgriFORCE Growing Systems Ltd (AGRI) - Net Assets
Latest net assets as of September 2025: $12.15 Million USD
Based on the latest financial reports, AgriFORCE Growing Systems Ltd (AGRI) has net assets worth $12.15 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.51 Million) and total liabilities ($4.36 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 | $12.15 Million |
| % of Total Assets | 73.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | 335.43% |
| 10-Year Change | N/A |
| Growth Volatility | 196.84 |
AgriFORCE Growing Systems Ltd - Net Assets Trend (2018–2024)
This chart illustrates how AgriFORCE Growing Systems 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 AgriFORCE Growing Systems Ltd (2018–2024)
The table below shows the annual net assets of AgriFORCE Growing Systems Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.11 Million | -28.65% |
| 2023-12-31 | $8.56 Million | -18.76% |
| 2022-12-31 | $10.54 Million | +31.78% |
| 2021-12-31 | $8.00 Million | +470.02% |
| 2020-12-31 | $1.40 Million | -53.13% |
| 2019-12-31 | $2.99 Million | +7571.07% |
| 2018-12-31 | $-40.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to AgriFORCE Growing Systems 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 5803732700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $65.04 Million | 1064.31% |
| Other Comprehensive Income | $-1.16 Million | -18.95% |
| Other Components | $3.01 Million | 49.24% |
| Total Equity | $6.11 Million | 100.00% |
AgriFORCE Growing Systems Ltd Competitors by Market Cap
The table below lists competitors of AgriFORCE Growing Systems Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinvest Capital Holdings Bhd
KLSE:0069
|
$2.71 Million |
|
Cycurion, Inc.
NASDAQ:CYCU
|
$2.71 Million |
|
PT Intiland Development Tbk
F:DIIA
|
$2.72 Million |
|
Kestrel Gold Inc
PINK:KSTBF
|
$2.72 Million |
|
Mukta Arts Limited
NSE:MUKTAARTS
|
$2.71 Million |
|
STRYKER (SYK.SG)
STU:SYK
|
$2.71 Million |
|
Pimpinan Eshan Bhd
KLSE:5622
|
$2.71 Million |
|
VISA-A (3V64.SG)
STU:3V64
|
$2.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AgriFORCE Growing Systems Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,564,580 to 6,111,253, a change of -2,453,327 (-28.6%).
- Net loss of 16,274,815 reduced equity.
- New share issuances of 2,775,616 increased equity.
- Other comprehensive income decreased equity by 928,792.
- Other factors increased equity by 11,974,664.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.27 Million | -266.31% |
| Share Issuances | $2.78 Million | +45.42% |
| Other Comprehensive Income | $-928.79K | -15.2% |
| Other Changes | $11.97 Million | +195.94% |
| Total Change | $- | -28.65% |
Book Value vs Market Value Analysis
This analysis compares AgriFORCE Growing Systems 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: 0.14x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-124.23 | $2.09 | x |
| 2019-12-31 | $1031.23 | $2.09 | x |
| 2020-12-31 | $483.29 | $2.09 | x |
| 2021-12-31 | $2635.95 | $2.09 | x |
| 2022-12-31 | $2915.56 | $2.09 | x |
| 2023-12-31 | $738.01 | $2.09 | x |
| 2024-12-31 | $15.00 | $2.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AgriFORCE Growing Systems 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): -266.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23973.39%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.76x
- Recent ROE (-266.31%) is below the historical average (-144.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.74 Million |
| 2019 | -170.94% | 0.00% | 0.00x | 1.46x | $-5.42 Million |
| 2020 | -229.54% | 0.00% | 0.00x | 2.40x | $-3.36 Million |
| 2021 | -83.04% | 0.00% | 0.00x | 1.47x | $-7.44 Million |
| 2022 | -122.10% | 0.00% | 0.00x | 2.07x | $-13.93 Million |
| 2023 | -137.00% | -72066.89% | 0.00x | 2.03x | $-12.59 Million |
| 2024 | -266.31% | -23973.39% | 0.01x | 1.76x | $-16.89 Million |
Industry Comparison
This section compares AgriFORCE Growing Systems Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $344,308,464
- Average return on equity (ROE) among peers: 3.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AgriFORCE Growing Systems Ltd (AGRI) | $12.15 Million | 0.00% | 0.36x | $2.71 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |