Skillful Craftsman Education Tech (EDTK) - Net Assets
Based on the latest financial reports, Skillful Craftsman Education Tech (EDTK) has net assets worth $12.85 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.95 Million) and total liabilities ($2.10 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. Check financial resilience of Skillful Craftsman Education Tech to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.85 Million |
| % of Total Assets | 85.96% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | -69.83% |
| 10-Year Change | N/A |
| Growth Volatility | 44.97 |
Skillful Craftsman Education Tech - Net Assets Trend (2018–2025)
This chart illustrates how Skillful Craftsman Education Tech's net assets have evolved over time, based on quarterly financial data. Also explore EDTK total asset value for the complete picture of this company's asset base.
Annual Net Assets for Skillful Craftsman Education Tech (2018–2025)
The table below shows the annual net assets of Skillful Craftsman Education Tech from 2018 to 2025. For live valuation and market cap data, see Skillful Craftsman Education Tech market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $13.75 Million | -36.06% |
| 2024-03-31 | $21.50 Million | -20.24% |
| 2023-03-31 | $26.95 Million | -46.37% |
| 2022-03-31 | $50.26 Million | +10.31% |
| 2021-03-31 | $45.57 Million | +63.42% |
| 2020-03-31 | $27.88 Million | +46.60% |
| 2019-03-31 | $19.02 Million | +71.66% |
| 2018-03-31 | $11.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skillful Craftsman Education Tech'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 151.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.19K | 0.02% |
| Other Comprehensive Income | $102.85K | 0.75% |
| Other Components | $17.87 Million | 130.02% |
| Total Equity | $13.75 Million | 100.00% |
Skillful Craftsman Education Tech Competitors by Market Cap
The table below lists competitors of Skillful Craftsman Education Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEXE Innovations Inc
V:NEXE
|
$13.72 Million |
|
RAREX Ltd
AU:REE
|
$13.73 Million |
|
BIT MINING C.A SP.ADR 100
F:50C0
|
$13.76 Million |
|
Immo-Zenobe Gramme SA
BR:ZEN
|
$13.76 Million |
|
Daewoo SBI SPAC 1
KQ:215480
|
$13.72 Million |
|
Delorean Corporation Ltd
AU:DEL
|
$13.72 Million |
|
Willamette Valley Vineyards Inc
NASDAQ:WVVI
|
$13.70 Million |
|
REFINED METALS CORP. O.N.
F:CWA0
|
$13.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skillful Craftsman Education Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,498,557 to 13,745,975, a change of -7,752,582 (-36.1%).
- Net loss of 2,979,037 reduced equity.
- Other comprehensive income increased equity by 1,052,434.
- Other factors decreased equity by 5,825,979.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.98 Million | -21.67% |
| Other Comprehensive Income | $1.05 Million | +7.66% |
| Other Changes | $-5.83 Million | -42.38% |
| Total Change | $- | -36.06% |
Book Value vs Market Value Analysis
This analysis compares Skillful Craftsman Education Tech'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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | $0.89 | $1.01 | x |
| 2019-03-31 | $1.53 | $1.01 | x |
| 2020-03-31 | $3.10 | $1.01 | x |
| 2021-03-31 | $4.13 | $1.01 | x |
| 2022-03-31 | $3.67 | $1.01 | x |
| 2023-03-31 | $1.81 | $1.01 | x |
| 2024-03-31 | $1.39 | $1.01 | x |
| 2025-03-31 | $0.87 | $1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skillful Craftsman Education Tech 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): -21.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -333.34%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.11x
- Recent ROE (-21.67%) is below the historical average (2.42%), 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 | 54.25% | 40.31% | 0.50x | 2.71x | $4.90 Million |
| 2019 | 45.61% | 35.17% | 0.57x | 2.29x | $6.77 Million |
| 2020 | 35.78% | 34.88% | 0.63x | 1.64x | $7.19 Million |
| 2021 | 7.68% | 11.99% | 0.49x | 1.30x | $-1.06 Million |
| 2022 | -2.79% | -6.07% | 0.32x | 1.45x | $-6.43 Million |
| 2023 | -77.56% | -184.63% | 0.26x | 1.62x | $-23.60 Million |
| 2024 | -21.96% | -236.22% | 0.06x | 1.69x | $-6.87 Million |
| 2025 | -21.67% | -333.34% | 0.06x | 1.11x | $-4.35 Million |
Industry Comparison
This section compares Skillful Craftsman Education Tech's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $777,038,225
- Average return on equity (ROE) among peers: -8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skillful Craftsman Education Tech (EDTK) | $12.85 Million | 54.25% | 0.16x | $13.72 Million |
| ATA Creativity Global (AACG) | $44.82 Million | -27.22% | 2.11x | $30.18 Million |
| Afya Ltd (AFYA) | $2.83 Billion | 10.31% | 0.69x | $651.37 Million |
| Ambow Education Holding Ltd (AMBO) | $262.77 Million | 17.12% | 2.46x | $5.98 Million |
| American Public Education Inc (APEI) | $234.22 Million | 17.45% | 0.27x | $1.07 Billion |
| Adtalem Global Education Inc (ATGE) | $513.38 Million | 5.56% | 0.77x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.01 Billion | 8.20% | 0.55x | $17.48 Million |
| Chegg Inc (CHGG) | $231.07 Million | -25.62% | 0.26x | $62.56 Million |
| China Liberal Education Holdings (CLEU) | $4.61 Million | 18.85% | 0.14x | $336.66K |
| 51Talk Online Education Group (COE) | $17.94 Million | -91.41% | 1.04x | $117.74 Million |
| Coursera Inc (COUR) | $616.19 Million | -18.92% | 0.49x | $1.03 Billion |
About Skillful Craftsman Education Tech
Skillful Craftsman Education Technology Limited provides vocational online education and technology services to college students and graduates in the People's Republic of China. The company's education services cover a range of subjects, including vocational, continuing, basic, and higher education. It offers vocational training courses covering subjects, such as mechanics, electronics, auto repa… Read more