PS International Group Ltd. Ordinary Shares (PSIG) - Net Assets
Based on the latest financial reports, PS International Group Ltd. Ordinary Shares (PSIG) has net assets worth $11.04 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.57 Million) and total liabilities ($4.53 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 asset resilience ratio of PS International Group Ltd. Ordinary Sha to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.04 Million |
| % of Total Assets | 70.89% |
| Annual Growth Rate | 2.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2147383.17 |
PS International Group Ltd. Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how PS International Group Ltd. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore total assets of PS International Group Ltd. Ordinary Sha for the complete picture of this company's asset base.
Annual Net Assets for PS International Group Ltd. Ordinary Shares (2020–2024)
The table below shows the annual net assets of PS International Group Ltd. Ordinary Shares from 2020 to 2024. For live valuation and market cap data, see PSIG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.79 Million | -16.41% |
| 2023-12-31 | $12.91 Million | -84.89% |
| 2022-12-31 | $85.45 Million | +4959101.92% |
| 2021-12-31 | $1.72K | -99.98% |
| 2020-12-31 | $9.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PS International Group Ltd. Ordinary Shares'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 96.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $133.28K | 1.25% |
| Common Stock | $2.60K | 0.02% |
| Other Comprehensive Income | $-41.44K | -0.39% |
| Other Components | $10.58 Million | 99.11% |
| Total Equity | $10.67 Million | 100.00% |
PS International Group Ltd. Ordinary Shares Competitors by Market Cap
The table below lists competitors of PS International Group Ltd. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changhae Ethanol Co. Ltd
KQ:004650
|
$54.09 Million |
|
Archer Materials Ltd
AU:AXE
|
$54.10 Million |
|
Raphas Co. Ltd
KQ:214260
|
$54.13 Million |
|
Evrofarma SA
AT:EVROF
|
$54.15 Million |
|
Purple Innovation Inc
NASDAQ:PRPL
|
$54.06 Million |
|
Kamat Hotels (I) Limited
NSE:KAMATHOTEL
|
$54.06 Million |
|
GP Global Power Ltd
TA:GPGB
|
$54.05 Million |
|
Introl S.A.
WAR:INL
|
$54.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PS International Group Ltd. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,796,217 to 10,669,965, a change of -2,126,252 (-16.6%).
- Net loss of 4,826,839 reduced equity.
- Other factors increased equity by 2,700,587.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.83 Million | -45.24% |
| Other Changes | $2.70 Million | +25.31% |
| Total Change | $- | -16.62% |
Book Value vs Market Value Analysis
This analysis compares PS International Group Ltd. Ordinary Shares'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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.15x to 2.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.88 | $6.27 | x |
| 2021-12-31 | $0.69 | $6.27 | x |
| 2022-12-31 | $7.59 | $6.27 | x |
| 2023-12-31 | $3.21 | $6.27 | x |
| 2024-12-31 | $2.95 | $6.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PS International Group Ltd. Ordinary Shares 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): -45.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.54%
- • Asset Turnover: 3.54x
- • Equity Multiplier: 2.31x
- Recent ROE (-45.24%) is below the historical average (30.18%), 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 | 37.49% | 5.21% | 2.38x | 3.02x | $2.71 Million |
| 2021 | 161.56% | 9.52% | 406.40x | 0.04x | $11.68 Million |
| 2022 | 2.84% | 2.49% | 1.10x | 1.04x | $-6.12 Million |
| 2023 | -5.73% | -0.52% | 3.97x | 2.76x | $-2.01 Million |
| 2024 | -45.24% | -5.54% | 3.54x | 2.31x | $-5.89 Million |
Industry Comparison
This section compares PS International Group Ltd. Ordinary Shares's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $160,220,346
- Average return on equity (ROE) among peers: 1.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PS International Group Ltd. Ordinary Shares (PSIG) | $11.04 Million | 37.49% | 0.41x | $54.07 Million |
| Addentax Group Corp (ATXG) | $26.05 Million | -11.94% | 1.01x | $4.01 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $7.50 Million | 5.37% | 0.19x | $12.97 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.35 Billion | 69.49% | 3.40x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $790.01K | 6.89% | 0.15x | $5.25 Million |
| Callan JMB Inc. Common Stock (CJMB) | $14.01 Million | 44.40% | 0.09x | $6.25 Million |
| Freightos Limited Ordinary shares (CRGO) | $21.66 Million | -114.04% | 0.93x | $100.01 Million |
| Cheetah Net Supply Chain Service Inc. Class A Common Stock (CTNT) | $-170.43K | 0.00% | 0.00x | $5.37 Million |
| Cryoport Inc (CYRX) | $-1.96 Million | 0.00% | 0.00x | $391.54 Million |
| Eastern International Ltd. (ELOG) | $9.05 Million | -10.34% | 1.26x | $10.51 Million |
| Expeditors International of Washington, Inc. (EXPD) | $171.85 Million | 22.35% | 1.00x | $19.44 Billion |
About PS International Group Ltd. Ordinary Shares
PS International Group Ltd., through its subsidiaries, operates as a freight forwarding service provider worldwide. It provides air and ocean export and import freight forwarding services; optional ancillary logistics related services, such as cargo pick up, cargo handling at ports, and local transportation; and warehousing-related services, including repackaging, labelling, palletization, shippi… Read more