Caravelle International Group
High-Trend International Group provides ocean transportation services in Singapore, Dubai, South Korea, Japan, India, and rest of Asia. The company offers shipping and logistics support services. It also provides seaborne transportation services under voyage contracts; vessel services on behalf of ship owners; and heating services. The company was formerly known as Caravelle International Group a… Read more
Caravelle International Group (HTCO) - Net Assets
Latest net assets as of October 2025: $12.60 Million USD
Based on the latest financial reports, Caravelle International Group (HTCO) has net assets worth $12.60 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 ($32.36 Million) and total liabilities ($19.76 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 | $12.60 Million |
| % of Total Assets | 38.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | 273.65% |
| 10-Year Change | N/A |
| Growth Volatility | 151.68 |
Caravelle International Group - Net Assets Trend (2020–2025)
This chart illustrates how Caravelle International Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Caravelle International Group (2020–2025)
The table below shows the annual net assets of Caravelle International Group from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $12.60 Million | +44.25% |
| 2024-10-31 | $8.74 Million | +220.25% |
| 2023-10-31 | $-7.26 Million | -172.47% |
| 2022-10-31 | $10.02 Million | +197.24% |
| 2021-10-31 | $3.37 Million | +150.67% |
| 2020-10-31 | $-6.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Caravelle International Group'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 4653569600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.83K | 0.21% |
| Other Components | $59.28 Million | 752.57% |
| Total Equity | $7.88 Million | 100.00% |
Caravelle International Group Competitors by Market Cap
The table below lists competitors of Caravelle International Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glintt Global, S.A.
LSE:0M8Z
|
$24.64 Million |
|
Hancom Lifecare Inc.
KO:372910
|
$24.64 Million |
|
Middlebury National Corporation
PINK:MDVT
|
$24.65 Million |
|
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
WAR:ZRE
|
$24.65 Million |
|
Dongnam Chem
KO:023450
|
$24.62 Million |
|
Red Rock Energy Inc
PINK:RDRIF
|
$24.61 Million |
|
Quorum Information Technologies Inc
PINK:QIFTF
|
$24.59 Million |
|
Conduril - Engenharia S.A
LS:CDU
|
$24.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Caravelle International Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,363,000 to 7,876,877, a change of 2,513,877 (46.9%).
- Net loss of 21,462,762 reduced equity.
- Other factors increased equity by 23,976,639.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.46 Million | -272.48% |
| Other Changes | $23.98 Million | +304.39% |
| Total Change | $- | 46.87% |
Book Value vs Market Value Analysis
This analysis compares Caravelle International Group'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: 6.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-10-31 | $-8.06 | $9.00 | x |
| 2021-10-31 | $0.97 | $9.00 | x |
| 2022-10-31 | $1.13 | $9.00 | x |
| 2023-10-31 | $-1.29 | $9.00 | x |
| 2024-10-31 | $1.14 | $9.00 | x |
| 2025-10-31 | $1.44 | $9.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Caravelle International Group 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): -272.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.01%
- • Asset Turnover: 6.63x
- • Equity Multiplier: 4.11x
- Recent ROE (-272.48%) is below the historical average (77.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -4.04% | 4.83x | 0.00x | $-2.69 Million |
| 2021 | 909.47% | 4.35% | 4.49x | 46.56x | $5.25 Million |
| 2022 | 269.79% | 6.60% | 5.21x | 7.85x | $11.78 Million |
| 2023 | 0.00% | -9.80% | 11.30x | 0.00x | $-8.79 Million |
| 2024 | -440.01% | -21.81% | 3.70x | 5.45x | $-24.13 Million |
| 2025 | -272.48% | -10.01% | 6.63x | 4.11x | $-22.25 Million |
Industry Comparison
This section compares Caravelle International Group's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $7,377,691,596
- Average return on equity (ROE) among peers: 27.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Caravelle International Group (HTCO) | $12.60 Million | 0.00% | 1.57x | $24.63 Million |
| Algoma Central Corporation (AGMJF) | $379.05 Million | 13.84% | 0.41x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $28.68 Billion | 12.70% | 1.24x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $42.23 Billion | 11.88% | 0.63x | $12.49 Billion |
| Ardmore Shpng (ASC) | $574.44 Million | 20.33% | 0.20x | $527.72 Million |
| American Shipping Company ASA (ASCJF) | $195.64 Million | 3.63% | 3.55x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $32.06 Million | 25.73% | 1.21x | $9.78 |
| Braemar Shipping Services Plc (BSEAF) | $41.53 Million | 23.53% | 1.15x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.59 Billion | 30.75% | 0.59x | $1.23 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $49.40 Million | 13.38% | 3.38x | $174.42 Million |