Intelligent Living Application Group Inc (ILAG) - Net Assets
Based on the latest financial reports, Intelligent Living Application Group Inc (ILAG) has net assets worth $11.08 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.28 Million) and total liabilities ($2.20 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. Read Intelligent Living Application Group Inc total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.08 Million |
| % of Total Assets | 83.43% |
| Annual Growth Rate | 18.22% |
| 5-Year Change | 208.5% |
| 10-Year Change | N/A |
| Growth Volatility | 176.01 |
Intelligent Living Application Group Inc - Net Assets Trend (2018–2024)
This chart illustrates how Intelligent Living Application Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore Intelligent Living Application Group Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Intelligent Living Application Group Inc (2018–2024)
The table below shows the annual net assets of Intelligent Living Application Group Inc from 2018 to 2024. For live valuation and market cap data, see market value of Intelligent Living Application Group Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.64 Million | -22.95% |
| 2023-12-31 | $16.40 Million | -15.68% |
| 2022-12-31 | $19.45 Million | +458.91% |
| 2021-12-31 | $3.48 Million | -15.04% |
| 2020-12-31 | $4.10 Million | -6.56% |
| 2019-12-31 | $4.38 Million | -5.28% |
| 2018-12-31 | $4.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Intelligent Living Application 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 decreased by 739.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.81K | 0.01% |
| Other Comprehensive Income | $-334.59K | -2.65% |
| Other Components | $23.80 Million | 188.36% |
| Total Equity | $12.64 Million | 100.00% |
Intelligent Living Application Group Inc Competitors by Market Cap
The table below lists competitors of Intelligent Living Application Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sersol Bhd
KLSE:0055
|
$7.07 Million |
|
Atlas Cycles (Haryana) Limited
NSE:ATLASCYCLE
|
$7.07 Million |
|
Lendway Inc.
NASDAQ:LDWY
|
$7.07 Million |
|
Vape Holdings Inc
NASDAQ:VAPE
|
$7.08 Million |
|
Bioalpha Holdings Bhd
KLSE:0179
|
$7.06 Million |
|
Beasley Broadcast Group Inc
NASDAQ:BBGI
|
$7.05 Million |
|
Gelteq Limited Ordinary Shares
NASDAQ:GELS
|
$7.05 Million |
|
Hexicon AB
ST:HEXI
|
$7.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Intelligent Living Application Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,402,393 to 12,638,066, a change of -3,764,327 (-22.9%).
- Net loss of 3,690,287 reduced equity.
- Other comprehensive income decreased equity by 74,040.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.69 Million | -29.2% |
| Other Comprehensive Income | $-74.04K | -0.59% |
| Total Change | $- | -22.95% |
Book Value vs Market Value Analysis
This analysis compares Intelligent Living Application 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: 0.54x
- 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 decreased from 1.47x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $2.56 | $3.76 | x |
| 2019-12-31 | $2.43 | $3.76 | x |
| 2020-12-31 | $2.27 | $3.76 | x |
| 2021-12-31 | $1.93 | $3.76 | x |
| 2022-12-31 | $10.77 | $3.76 | x |
| 2023-12-31 | $9.08 | $3.76 | x |
| 2024-12-31 | $7.00 | $3.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Intelligent Living Application 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): -29.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.16%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.14x
- Recent ROE (-29.20%) is below the historical average (-26.19%), 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 | -30.45% | -9.78% | 1.80x | 1.73x | $-1.87 Million |
| 2019 | -29.16% | -11.49% | 1.31x | 1.94x | $-1.72 Million |
| 2020 | -24.79% | -9.05% | 1.33x | 2.06x | $-1.43 Million |
| 2021 | -39.84% | -11.05% | 1.35x | 2.67x | $-1.73 Million |
| 2022 | -8.51% | -13.62% | 0.56x | 1.12x | $-3.60 Million |
| 2023 | -21.35% | -54.34% | 0.35x | 1.11x | $-5.14 Million |
| 2024 | -29.20% | -49.16% | 0.52x | 1.14x | $-4.95 Million |
Industry Comparison
This section compares Intelligent Living Application Group Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $172,630,929
- Average return on equity (ROE) among peers: -6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Intelligent Living Application Group Inc (ILAG) | $11.08 Million | -30.45% | 0.20x | $7.06 Million |
| AAON Inc (AAON) | $24.41 Million | 21.42% | 1.07x | $7.43 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $49.56 Million | -179.09% | 2.59x | $624.30K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $212.76 Million |
| Apogee Enterprises Inc (APOG) | $396.41 Million | 26.26% | 1.31x | $780.82 Million |
| Alpha Pro Tech Ltd (APT) | $8.90 Million | 8.83% | 0.34x | $44.96 Million |
| Arlo Technologies (ARLO) | $112.65 Million | -49.74% | 2.08x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $67.85 Million | -17.47% | 0.44x | $291.74 Million |
| Armstrong World Industries Inc (AWI) | $261.20 Million | 76.03% | 6.17x | $7.27 Billion |
| Azek Company Inc (AZEK) | $490.02 Million | -4.12% | 2.65x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $31.20 Million | 58.17% | 17.40x | $8.37 Billion |
About Intelligent Living Application Group Inc
Intelligent Living Application Group Inc., through its subsidiaries, manufactures and sells mechanical locksets to customers mainly in the United States and Canada. It offers locksets functions, deadbolts, entry locksets, privacy locksets, passage locksets, and storeroom locks under the Bamberg and Kambo brand names. The company offers locksets for outdoor uses, such as main entrances and gates, … Read more