Natural Health Trend (NHTC) - Net Assets
Based on the latest financial reports, Natural Health Trend (NHTC) has net assets worth $16.46 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.95 Million) and total liabilities ($15.49 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. Check Natural Health Trend (NHTC) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.46 Million |
| % of Total Assets | 51.53% |
| Annual Growth Rate | 7.14% |
| 5-Year Change | -60.62% |
| 10-Year Change | -99.82% |
| Growth Volatility | 6162.17 |
Natural Health Trend - Net Assets Trend (1996–2025)
This chart illustrates how Natural Health Trend's net assets have evolved over time, based on quarterly financial data. See Natural Health Trend liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Natural Health Trend (1996–2025)
The table below shows the annual net assets of Natural Health Trend from 1996 to 2025. For live valuation and market cap data, see Natural Health Trend (NHTC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $23.43 Million | -28.73% |
| 2024-12-31 | $32.87 Million | -20.98% |
| 2023-12-31 | $41.60 Million | -17.05% |
| 2022-12-31 | $50.15 Million | -15.70% |
| 2021-12-31 | $59.49 Million | -12.13% |
| 2020-12-31 | $67.70 Million | -9.81% |
| 2019-12-31 | $75.06 Million | -16.47% |
| 2018-12-31 | $89.86 Million | -0.84% |
| 2017-12-31 | $90.62 Million | -99.30% |
| 2017-09-30 | $12.95 Billion | +15606.16% |
| 2016-12-31 | $82.44 Million | -98.92% |
| 2016-09-30 | $7.63 Billion | +13336.25% |
| 2015-12-31 | $56.81 Million | -99.21% |
| 2015-09-30 | $7.16 Billion | +26985.07% |
| 2014-12-31 | $26.45 Million | +335.25% |
| 2013-12-31 | $6.08 Million | +218.33% |
| 2012-12-31 | $1.91 Million | +335.97% |
| 2011-12-31 | $-809.00K | +71.32% |
| 2010-12-31 | $-2.82 Million | -3498.80% |
| 2009-12-31 | $83.00K | -98.57% |
| 2008-12-31 | $5.79 Million | -39.70% |
| 2007-12-31 | $9.60 Million | -64.46% |
| 2006-12-31 | $27.00 Million | -26.26% |
| 2005-12-31 | $36.61 Million | -2.69% |
| 2004-12-31 | $37.63 Million | +508.20% |
| 2003-12-31 | $6.19 Million | +169.56% |
| 2002-12-31 | $2.30 Million | +178.24% |
| 2001-12-31 | $-2.93 Million | +48.88% |
| 2000-12-31 | $-5.74 Million | -306.09% |
| 1999-12-31 | $2.78 Million | -22.12% |
| 1998-12-31 | $3.57 Million | +49.22% |
| 1997-12-31 | $2.40 Million | -24.47% |
| 1996-12-31 | $3.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Natural Health Trend'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 3384087700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.06% |
| Other Comprehensive Income | $-784.00K | -3.35% |
| Other Components | $60.64 Million | 258.81% |
| Total Equity | $23.43 Million | 100.00% |
Natural Health Trend Competitors by Market Cap
The table below lists competitors of Natural Health Trend ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PCCS Group Bhd
KLSE:6068
|
$15.78 Million |
|
Precise Biometrics AB
ST:PREC
|
$15.79 Million |
|
ParaZero Technologies Ltd. Ordinary Shares
NASDAQ:PRZO
|
$15.79 Million |
|
Bertam Alliance Bhd
KLSE:9814
|
$15.79 Million |
|
Steady Safe TBK PT
JK:SAFE
|
$15.78 Million |
|
TPC Co. Ltd
KQ:130740
|
$15.78 Million |
|
Artroniq Berhad
KLSE:0038
|
$15.77 Million |
|
Hank Payments Corp
V:HANK
|
$15.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Natural Health Trend's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,872,000 to 23,429,000, a change of -9,443,000 (-28.7%).
- Net loss of 882,000 reduced equity.
- Dividend payments of 9,210,000 reduced retained earnings.
- Other comprehensive income increased equity by 517,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-882.00K | -3.76% |
| Dividends Paid | $9.21 Million | -39.31% |
| Other Comprehensive Income | $517.00K | +2.21% |
| Other Changes | $132.00K | +0.56% |
| Total Change | $- | -28.73% |
Book Value vs Market Value Analysis
This analysis compares Natural Health Trend'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: 0.90x
- 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 1.63x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $1.13 | $1.84 | x |
| 1997-12-31 | $0.25 | $1.84 | x |
| 1998-12-31 | $161.72 | $1.84 | x |
| 1999-12-31 | $38.49 | $1.84 | x |
| 2000-12-31 | $-59.84 | $1.84 | x |
| 2001-12-31 | $-2.73 | $1.84 | x |
| 2002-12-31 | $0.54 | $1.84 | x |
| 2003-12-31 | $0.96 | $1.84 | x |
| 2004-12-31 | $5.43 | $1.84 | x |
| 2005-12-31 | $5.27 | $1.84 | x |
| 2006-12-31 | $3.34 | $1.84 | x |
| 2007-12-31 | $1.12 | $1.84 | x |
| 2008-12-31 | $0.59 | $1.84 | x |
| 2009-12-31 | $0.01 | $1.84 | x |
| 2010-12-31 | $-0.27 | $1.84 | x |
| 2011-12-31 | $-0.07 | $1.84 | x |
| 2012-12-31 | $0.17 | $1.84 | x |
| 2013-12-31 | $0.54 | $1.84 | x |
| 2014-12-31 | $2.10 | $1.84 | x |
| 2015-12-31 | $4.59 | $1.84 | x |
| 2016-12-31 | $7.23 | $1.84 | x |
| 2017-12-31 | $8.04 | $1.84 | x |
| 2018-12-31 | $7.94 | $1.84 | x |
| 2019-12-31 | $6.90 | $1.84 | x |
| 2020-12-31 | $5.93 | $1.84 | x |
| 2021-12-31 | $5.21 | $1.84 | x |
| 2022-12-31 | $4.39 | $1.84 | x |
| 2023-12-31 | $3.63 | $1.84 | x |
| 2024-12-31 | $2.86 | $1.84 | x |
| 2025-12-31 | $2.04 | $1.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Natural Health Trend 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): -3.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.22%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.64x
- Recent ROE (-3.76%) is above the historical average (-218.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -28.05% | -12.32% | 0.97x | 2.36x | $-1.21 Million |
| 1997 | -322.48% | -110.48% | 0.51x | 5.76x | $-7.96 Million |
| 1998 | -36.03% | -108.13% | 0.17x | 1.92x | $-1.65 Million |
| 1999 | -260.54% | -47.50% | 1.36x | 4.04x | $-7.53 Million |
| 2000 | 0.00% | -128.24% | 14.08x | 0.00x | $-10.10 Million |
| 2001 | 0.00% | 4.85% | 9.93x | 0.00x | $1.50 Million |
| 2002 | 261.55% | 10.34% | 4.25x | 5.95x | $3.95 Million |
| 2003 | 98.23% | 8.55% | 2.85x | 4.03x | $4.83 Million |
| 2004 | 3.35% | 0.93% | 2.15x | 1.68x | $-2.46 Million |
| 2005 | -15.06% | -2.83% | 3.07x | 1.73x | $-9.16 Million |
| 2006 | -42.48% | -8.59% | 2.75x | 1.80x | $-14.16 Million |
| 2007 | -264.45% | -33.05% | 3.10x | 2.58x | $-26.24 Million |
| 2008 | -67.18% | -8.44% | 2.76x | 2.89x | $-4.44 Million |
| 2009 | -7046.67% | -20.63% | 3.47x | 98.44x | $-6.35 Million |
| 2010 | 0.00% | -10.38% | 4.40x | 0.00x | $-2.17 Million |
| 2011 | 0.00% | 7.40% | 5.09x | 0.00x | $2.39 Million |
| 2012 | 137.77% | 7.01% | 4.56x | 4.31x | $2.44 Million |
| 2013 | 67.29% | 7.78% | 2.65x | 3.26x | $3.48 Million |
| 2014 | 77.01% | 16.35% | 2.37x | 1.99x | $17.73 Million |
| 2015 | 9.70% | 6.76% | 0.39x | 3.70x | $-21.40 Million |
| 2015 | 83.16% | 17.84% | 2.13x | 2.19x | $41.56 Million |
| 2016 | 12.79% | 7.82% | 0.49x | 3.35x | $212.70 Million |
| 2016 | 66.82% | 19.15% | 1.94x | 1.80x | $46.84 Million |
| 2017 | 8.50% | 9.10% | 0.32x | 2.91x | $-194.80 Million |
| 2017 | 26.02% | 11.93% | 1.24x | 1.76x | $14.52 Million |
| 2018 | 34.54% | 16.17% | 1.22x | 1.76x | $22.05 Million |
| 2019 | -7.47% | -7.23% | 0.65x | 1.58x | $-13.12 Million |
| 2020 | 1.25% | 1.36% | 0.59x | 1.56x | $-5.93 Million |
| 2021 | 1.82% | 1.81% | 0.61x | 1.65x | $-4.86 Million |
| 2022 | 0.62% | 0.64% | 0.59x | 1.65x | $-4.70 Million |
| 2023 | 1.37% | 1.29% | 0.64x | 1.66x | $-3.59 Million |
| 2024 | 1.74% | 1.33% | 0.78x | 1.68x | $-2.72 Million |
| 2025 | -3.76% | -2.22% | 1.04x | 1.64x | $-3.22 Million |
Industry Comparison
This section compares Natural Health Trend's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $29,623,842,493
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Natural Health Trend (NHTC) | $16.46 Million | -28.05% | 0.94x | $15.78 Million |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $13.13 Million |
| Amazon.com Inc (AMZN) | $285.97 Billion | 20.72% | 1.19x | $2.55 Trillion |
| Beyond, Inc. (BYON) | $129.22 Million | 6.85% | 1.92x | $541.91 Million |
| Baozun Inc (BZUN) | $6.13 Billion | 6.95% | 0.71x | $138.03 Million |
| Maplebear Inc. (CART) | $29.12 Million | 0.00% | 12.96x | $9.93 Billion |
| Chewy Inc (CHWY) | $497.90 Million | 44.75% | 6.22x | $4.13 Billion |
| Coupang LLC (CPNG) | $-3.53 Billion | 0.00% | 0.00x | $28.56 Billion |
| Dada Nexus Ltd (DADA) | $-7.19 Billion | 0.00% | 0.00x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $7.81 Billion | 1.57% | 0.64x | $67.36 Billion |
| eBay Inc (EBAY) | $6.40 Billion | 43.26% | 2.38x | $47.90 Billion |
About Natural Health Trend
Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, such as liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products, including herbal supplements. It also provides beauty products comprising … Read more