Caravelle International Group (HTCO) - Net Assets
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. Also explore total assets of Caravelle International Group for the complete picture of this company's asset base.
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. Check tangible equity quality of Caravelle International Group to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see Caravelle International Group stock valuation.
| 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 |
|---|---|
|
Morgan Sindall Group PLC
LSE:MGNS
|
$25.15 Million |
|
Australian Gold and Copper Ltd
AU:AGC
|
$25.15 Million |
|
Resaas Services Inc
V:RSS
|
$25.19 Million |
|
QPM Energy Ltd
AU:QPM
|
$25.20 Million |
|
Fun Yours Technology Co Ltd
TWO:6482
|
$25.12 Million |
|
Mogo Inc
TO:MOGO
|
$25.11 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$25.10 Million |
|
Veto Switchgears And Cables Limited
NSE:VETO
|
$25.09 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: 2.40x
- 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 |
|---|---|---|---|
| 2020-10-31 | $-8.06 | $3.45 | x |
| 2021-10-31 | $0.97 | $3.45 | x |
| 2022-10-31 | $1.13 | $3.45 | x |
| 2023-10-31 | $-1.29 | $3.45 | x |
| 2024-10-31 | $1.14 | $3.45 | x |
| 2025-10-31 | $1.44 | $3.45 | 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: $399,487,421
- Average return on equity (ROE) among peers: 12.46%
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 | $25.13 Million |
| Ardmore Shpng (ASC) | $61.60 Million | -4.83% | 1.61x | $709.56 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $422.08 Million | 7.19% | 0.95x | $1.23 Billion |
| C3is Inc. (CISS) | $8.75 Million | 41.24% | 0.87x | $64.39K |
| Costamare Bulkers Holdings Limited (CMDB) | $446.01 Million | 20.28% | 0.95x | $451.93 Million |
| Costamare Inc (CMRE) | $802.64 Million | 14.34% | 2.38x | $1.88 Billion |
| Castor Maritime Inc (CTRM) | $510.73 Million | 7.57% | 0.18x | $18.84 Million |
| Danaos Corporation (DAC) | $548.71 Million | 15.29% | 4.44x | $2.45 Billion |
| Diana Shipping Inc. (DSX) | $775.48 Million | 28.59% | 0.36x | $206.08 Million |
| Okeanis Eco Tankers Corp. (ECO) | $316.37 Million | -0.95% | 1.11x | $1.68 Billion |
| EuroDry Ltd (EDRY) | $102.51 Million | -4.16% | 1.07x | $64.11 Million |
About 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