INNEOVA Holdings Limited
INNEOVA Holdings Limited, through its subsidiaries, distributes and sells automotive and industrial spare parts in Singapore, the Middle East, and internationally. It operates in two segments, On-Highway Business and Off-Highway Business. The On-Highway Business segment supplies genuine original equipment manufacturer (OEM) and aftermarket parts, engine and chassis parts, wear and tear parts, bod… Read more
INNEOVA Holdings Limited (INEO) - Net Assets
Latest net assets as of March 2025: $8.88 Million USD
Based on the latest financial reports, INNEOVA Holdings Limited (INEO) has net assets worth $8.88 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.59 Million) and total liabilities ($30.72 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 | $8.88 Million |
| % of Total Assets | 22.42% |
| Annual Growth Rate | -10.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 108.6 |
INNEOVA Holdings Limited - Net Assets Trend (2020–2024)
This chart illustrates how INNEOVA Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for INNEOVA Holdings Limited (2020–2024)
The table below shows the annual net assets of INNEOVA Holdings Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.88 Million | +190.89% |
| 2023-12-31 | $3.05 Million | +125.83% |
| 2022-12-31 | $1.35 Million | +5.05% |
| 2021-12-31 | $1.29 Million | -90.70% |
| 2020-12-31 | $13.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to INNEOVA Holdings Limited'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 85.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.81 Million | 20.44% |
| Common Stock | $5.00K | 0.06% |
| Other Comprehensive Income | $-127.00K | -1.43% |
| Other Components | $7.18 Million | 80.94% |
| Total Equity | $8.88 Million | 100.00% |
INNEOVA Holdings Limited Competitors by Market Cap
The table below lists competitors of INNEOVA Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Academies Australasia Group Ltd
AU:AKG
|
$1.11 Million |
|
Lyc Healthcare Bhd
KLSE:0075
|
$1.11 Million |
|
EOG RESOURCES
MU:EO5
|
$1.11 Million |
|
Neurizer Ltd
AU:NRZ
|
$1.11 Million |
|
Trinity Place Holdings Inc
OTCQB:TPHS
|
$1.10 Million |
|
Ten-League International Holdings Limited Ordinary Shares
NASDAQ:TLIH
|
$1.10 Million |
|
QUALCOMM (QCI.SG)
STU:QCI
|
$1.10 Million |
|
AurCrest Gold Inc
PINK:TBMIF
|
$1.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INNEOVA Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,891,000 to 8,875,000, a change of 5,984,000 (207.0%).
- Net income of 8,000 contributed positively to equity growth.
- New share issuances of 5,942,000 increased equity.
- Other comprehensive income decreased equity by 123,000.
- Other factors increased equity by 157,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.00K | +0.09% |
| Share Issuances | $5.94 Million | +66.95% |
| Other Comprehensive Income | $-123.00K | -1.39% |
| Other Changes | $157.00K | +1.77% |
| Total Change | $- | 206.99% |
Book Value vs Market Value Analysis
This analysis compares INNEOVA Holdings Limited'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: 0.49x
- 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 0.33x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $1.48 | $0.48 | x |
| 2021-12-31 | $0.14 | $0.48 | x |
| 2022-12-31 | $0.15 | $0.48 | x |
| 2023-12-31 | $0.32 | $0.48 | x |
| 2024-12-31 | $0.99 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INNEOVA Holdings Limited 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): 0.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.01%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 4.46x
- Recent ROE (0.09%) is below the historical average (56.25%), 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 | 7.03% | 1.99% | 1.21x | 2.92x | $-411.00K |
| 2021 | 106.69% | 3.17% | 1.26x | 26.76x | $1.24 Million |
| 2022 | 113.81% | 2.82% | 1.28x | 31.66x | $1.32 Million |
| 2023 | 53.61% | 2.60% | 1.52x | 13.51x | $1.26 Million |
| 2024 | 0.09% | 0.01% | 1.47x | 4.46x | $-879.50K |
Industry Comparison
This section compares INNEOVA Holdings Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $176,531,265,977
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INNEOVA Holdings Limited (INEO) | $8.88 Million | 7.03% | 3.46x | $1.11 Million |
| Altisource Asset Management Corporation (AAMCF) | $-125.84 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $2.95 Billion |
| AB Dynamics plc (ABDDF) | $111.96 Million | 4.23% | 0.26x | $390.81 Million |
| Adient PLC (ADNT) | $2.96 Billion | 37.46% | 2.64x | $1.56 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $94.58 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.57 Billion | 9.65% | 2.41x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.65 Billion | 16.43% | 1.85x | $7.60 Billion |
| Aptiv PLC (APTV) | $8.56 Billion | 6.89% | 1.10x | $14.78 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $1.69 Trillion | 7.47% | 0.97x | $5.03 Billion |