Earlyworks Co., Ltd. American Depositary Shares
Earlyworks Co., Ltd operates as a blockchain-based technology company in Japan. The company builds products; delivers services; and develops solutions based on grid ledger system for blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. It also provides software and system development; and consulting and … Read more
Earlyworks Co., Ltd. American Depositary Shares (ELWS) - Net Assets
Latest net assets as of July 2025: $74.03 Million USD
Based on the latest financial reports, Earlyworks Co., Ltd. American Depositary Shares (ELWS) has net assets worth $74.03 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($190.50 Million) and total liabilities ($116.47 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 | $74.03 Million |
| % of Total Assets | 38.86% |
| Annual Growth Rate | -30.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 71.6 |
Earlyworks Co., Ltd. American Depositary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Earlyworks Co., Ltd. American Depositary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Earlyworks Co., Ltd. American Depositary Shares (2021–2025)
The table below shows the annual net assets of Earlyworks Co., Ltd. American Depositary Shares from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $74.03 Million | -77.62% |
| 2024-04-30 | $330.72 Million | +58.61% |
| 2023-04-30 | $208.51 Million | -64.71% |
| 2022-04-30 | $590.82 Million | +82.83% |
| 2021-04-30 | $323.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Earlyworks Co., Ltd. American Depositary Shares'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 152059692400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.00 Million | 67.54% |
| Other Components | $2.21 Billion | 2986.01% |
| Total Equity | $74.03 Million | 100.00% |
Earlyworks Co., Ltd. American Depositary Shares Competitors by Market Cap
The table below lists competitors of Earlyworks Co., Ltd. American Depositary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Habco Trans Maritima
JK:HATM
|
$21.55 Million |
|
Wotso
AU:WOT
|
$21.55 Million |
|
Anli International Co Ltd
TWO:5223
|
$21.55 Million |
|
GeneBioTech Co. Ltd
KQ:086060
|
$21.55 Million |
|
GeneMatrix Inc
KQ:109820
|
$21.53 Million |
|
577 Investment Corp
VN:NBB
|
$21.53 Million |
|
Copper Mountain Mining Corporation
PINK:CPPMF
|
$21.52 Million |
|
Ugint Co Ltd
KQ:195990
|
$21.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Earlyworks Co., Ltd. American Depositary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 330,724,747 to 74,027,801, a change of -256,696,946 (-77.6%).
- Net loss of 256,696,946 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-256.70 Million | -346.76% |
| Total Change | $- | -77.62% |
Book Value vs Market Value Analysis
This analysis compares Earlyworks Co., Ltd. American Depositary Shares'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: 0.20x
- 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 0.05x to 0.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | $106.17 | $5.00 | x |
| 2022-04-30 | $194.10 | $5.00 | x |
| 2023-04-30 | $68.50 | $5.00 | x |
| 2024-04-30 | $112.00 | $5.00 | x |
| 2025-04-30 | $25.07 | $5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Earlyworks Co., Ltd. American Depositary Shares 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): -346.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.29%
- • Asset Turnover: 2.31x
- • Equity Multiplier: 2.57x
- Recent ROE (-346.76%) is below the historical average (-151.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -21.82% | -32.62% | 0.49x | 1.35x | $-102.83 Million |
| 2022 | -101.97% | -129.92% | 0.62x | 1.27x | $-661.56 Million |
| 2023 | -183.35% | -820.95% | 0.10x | 2.17x | $-403.16 Million |
| 2024 | -101.64% | -187.42% | 0.31x | 1.74x | $-369.22 Million |
| 2025 | -346.76% | -58.29% | 2.31x | 2.57x | $-264.10 Million |
Industry Comparison
This section compares Earlyworks Co., Ltd. American Depositary Shares's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Earlyworks Co., Ltd. American Depositary Shares (ELWS) | $74.03 Million | -21.82% | 1.57x | $21.54 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |