Coda Octopus Group Inc
Coda Octopus Group, Inc., together with its subsidiaries, sells and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States, Europe, Australia, Asia, the Middle East, and Africa. It operates through three segments: Marine Technology Business, Acoustic Sensors and Materials Business, and Defense Engineering Services Bus… Read more
Coda Octopus Group Inc (CODA) - Net Assets
Latest net assets as of October 2025: $58.12 Million USD
Based on the latest financial reports, Coda Octopus Group Inc (CODA) has net assets worth $58.12 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.49 Million) and total liabilities ($6.38 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 | $58.12 Million |
| % of Total Assets | 90.11% |
| Annual Growth Rate | 26.99% |
| 5-Year Change | 41.58% |
| 10-Year Change | N/A |
| Growth Volatility | 788.82 |
Coda Octopus Group Inc - Net Assets Trend (2005–2025)
This chart illustrates how Coda Octopus Group 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 Coda Octopus Group Inc (2005–2025)
The table below shows the annual net assets of Coda Octopus Group Inc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $58.12 Million | +9.39% |
| 2024-10-31 | $53.13 Million | +9.70% |
| 2023-10-31 | $48.43 Million | +11.63% |
| 2022-10-31 | $43.38 Million | +5.69% |
| 2021-10-31 | $41.05 Million | +19.34% |
| 2020-10-31 | $34.40 Million | +12.30% |
| 2019-10-31 | $30.63 Million | +25.59% |
| 2018-10-31 | $24.39 Million | +76.37% |
| 2017-10-31 | $13.83 Million | +206.07% |
| 2016-10-31 | $-13.04 Million | -406.24% |
| 2015-10-31 | $4.26 Million | +57.49% |
| 2014-10-31 | $2.70 Million | +200.41% |
| 2013-10-31 | $899.80K | +116.42% |
| 2012-10-31 | $-5.48 Million | +53.03% |
| 2011-10-31 | $-11.67 Million | +10.52% |
| 2010-10-31 | $-13.04 Million | -64.71% |
| 2009-10-31 | $-7.92 Million | -1324.89% |
| 2008-10-31 | $646.19K | -92.00% |
| 2007-10-31 | $8.08 Million | +2732.02% |
| 2006-10-31 | $285.16K | -41.65% |
| 2005-10-31 | $488.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coda Octopus Group 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 grown by 1008587200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.27K | 0.02% |
| Other Comprehensive Income | $-1.88 Million | -3.23% |
| Other Components | $63.26 Million | 108.85% |
| Total Equity | $58.12 Million | 100.00% |
Coda Octopus Group Inc Competitors by Market Cap
The table below lists competitors of Coda Octopus Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Interactive Digital Technologies
TWO:6486
|
$75.76 Million |
|
Brockhaus Technologies AG
LSE:0AAW
|
$75.78 Million |
|
Dongkuk Steel Mill Co Ltd
KO:001230
|
$75.78 Million |
|
Empire Petroleum Corp
NYSE MKT:EP
|
$75.80 Million |
|
Catella AB (publ)
ST:CAT-B
|
$75.75 Million |
|
Vestel Beyaz Esya Sanayi ve Ticaret AS
IS:VESBE
|
$75.74 Million |
|
Global Lighting Technologies Inc
TW:4935
|
$75.73 Million |
|
Koryx Copper Inc.
OTCQB:KRYXF
|
$75.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coda Octopus Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,128,523 to 58,115,414, a change of 4,986,891 (9.4%).
- Net income of 4,129,930 contributed positively to equity growth.
- Other comprehensive income increased equity by 632,174.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.13 Million | +7.11% |
| Other Comprehensive Income | $632.17K | +1.09% |
| Other Changes | $224.79K | +0.39% |
| Total Change | $- | 9.39% |
Book Value vs Market Value Analysis
This analysis compares Coda Octopus Group 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
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 43.50x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-10-31 | $0.30 | $12.88 | x |
| 2006-10-31 | $0.17 | $12.88 | x |
| 2007-10-31 | $2.94 | $12.88 | x |
| 2008-10-31 | $0.19 | $12.88 | x |
| 2009-10-31 | $-2.28 | $12.88 | x |
| 2010-10-31 | $-3.71 | $12.88 | x |
| 2011-10-31 | $-2.20 | $12.88 | x |
| 2012-10-31 | $-0.97 | $12.88 | x |
| 2013-10-31 | $0.14 | $12.88 | x |
| 2014-10-31 | $0.40 | $12.88 | x |
| 2015-10-31 | $0.63 | $12.88 | x |
| 2016-10-31 | $-3.01 | $12.88 | x |
| 2017-10-31 | $1.49 | $12.88 | x |
| 2018-10-31 | $2.42 | $12.88 | x |
| 2019-10-31 | $2.87 | $12.88 | x |
| 2020-10-31 | $3.05 | $12.88 | x |
| 2021-10-31 | $3.63 | $12.88 | x |
| 2022-10-31 | $3.85 | $12.88 | x |
| 2023-10-31 | $4.28 | $12.88 | x |
| 2024-10-31 | $4.71 | $12.88 | x |
| 2025-10-31 | $5.16 | $12.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coda Octopus Group 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): 7.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.55%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.11x
- Recent ROE (7.11%) is above the historical average (-192.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -779.07% | -88.78% | 0.71x | 12.33x | $-3.86 Million |
| 2006 | -2650.89% | -103.67% | 1.05x | 24.32x | $-7.59 Million |
| 2007 | -185.15% | -107.93% | 1.02x | 1.68x | $-15.76 Million |
| 2008 | -1225.73% | -46.68% | 1.00x | 26.37x | $-7.99 Million |
| 2009 | 0.00% | -71.33% | 1.01x | 0.00x | $-8.64 Million |
| 2010 | 0.00% | -15.45% | 1.18x | 0.00x | $-474.65K |
| 2011 | 0.00% | 6.97% | 1.32x | 0.00x | $2.26 Million |
| 2012 | 0.00% | 23.31% | 1.24x | 0.00x | $5.47 Million |
| 2013 | 590.74% | 23.79% | 1.11x | 22.35x | $5.23 Million |
| 2014 | 60.17% | 9.89% | 0.78x | 7.84x | $1.36 Million |
| 2015 | 25.14% | 5.56% | 0.88x | 5.14x | $644.59K |
| 2016 | 0.00% | 23.35% | 2.17x | 0.00x | $6.23 Million |
| 2017 | 24.15% | 18.53% | 0.75x | 1.74x | $1.96 Million |
| 2018 | 20.46% | 27.68% | 0.63x | 1.18x | $2.55 Million |
| 2019 | 17.06% | 20.85% | 0.73x | 1.12x | $2.16 Million |
| 2020 | 9.72% | 16.68% | 0.53x | 1.11x | $-96.04K |
| 2021 | 12.05% | 23.19% | 0.47x | 1.11x | $842.86K |
| 2022 | 9.91% | 19.35% | 0.47x | 1.08x | $-37.06K |
| 2023 | 6.45% | 16.14% | 0.37x | 1.07x | $-1.72 Million |
| 2024 | 6.86% | 17.95% | 0.35x | 1.08x | $-1.67 Million |
| 2025 | 7.11% | 15.55% | 0.41x | 1.11x | $-1.68 Million |
Industry Comparison
This section compares Coda Octopus Group Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $246,248,196
- Average return on equity (ROE) among peers: -96.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coda Octopus Group Inc (CODA) | $58.12 Million | -779.07% | 0.11x | $75.75 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $2.70 Million | 107.41% | 27.00x | $0.98 |
| AAC Clyde Space AB (ACCMF) | $466.10 Million | -8.70% | 0.17x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.29 Billion |
| American Defense Systems Inc (ADFS) | $-9.76 Million | 0.00% | 0.00x | $4.85K |
| AAR Corp (AIR) | $301.68 Million | 1.16% | 1.35x | $4.16 Billion |
| Air Industries Group (AIRI) | $14.95 Million | -9.14% | 2.41x | $12.13 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $595.46 Million | -5.45% | 0.24x | $158.55 Million |
| Philly Shipyard ASA (AKRRF) | $5.83 Million | -1164.30% | 49.47x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $386.62 Million | 12.11% | 1.00x | $2.31 Billion |