SAI.TECH Global Corporation
SAI.TECH Global Corporation, together with its subsidiaries, operates as an energy-saving Bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power, and heating industries worldwide. The company sells crypto assets mining machines to end customers, as well as provides a suite of specialized services, including purchase of mining machines, hosting service, and mini… Read more
SAI.TECH Global Corporation (SAI) - Net Assets
Latest net assets as of March 2024: $16.82 Million USD
Based on the latest financial reports, SAI.TECH Global Corporation (SAI) has net assets worth $16.82 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.07 Million) and total liabilities ($1.26 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 | $16.82 Million |
| % of Total Assets | 93.05% |
| Annual Growth Rate | 301.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 506.82 |
SAI.TECH Global Corporation - Net Assets Trend (2019–2023)
This chart illustrates how SAI.TECH Global Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SAI.TECH Global Corporation (2019–2023)
The table below shows the annual net assets of SAI.TECH Global Corporation from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $16.82 Million | -17.20% |
| 2022-12-31 | $20.31 Million | +959.67% |
| 2021-12-31 | $-2.36 Million | -576.41% |
| 2020-12-31 | $496.00K | +663.08% |
| 2019-12-31 | $65.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SAI.TECH Global Corporation'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 3126700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.01% |
| Other Comprehensive Income | $-518.00K | -3.08% |
| Other Components | $48.68 Million | 289.43% |
| Total Equity | $16.82 Million | 100.00% |
SAI.TECH Global Corporation Competitors by Market Cap
The table below lists competitors of SAI.TECH Global Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VPower Group International Holdings Limited
F:2V3
|
$15.64 Million |
|
Asphere Innovations Public Company Limited
BK:AS
|
$15.65 Million |
|
NextNRG Inc.
NASDAQ:NXXT
|
$15.66 Million |
|
Enimmune corporation
TWO:6564
|
$15.66 Million |
|
Destination XL Group Inc
NASDAQ:DXLG
|
$15.63 Million |
|
South West Pinnacle Exploration Limited
NSE:SOUTHWEST
|
$15.63 Million |
|
Ahmad Zaki Resources Bhd
KLSE:7078
|
$15.63 Million |
|
Compania Espanola de Viviendas en Alquiler SA
MC:CEV
|
$15.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAI.TECH Global Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 20,314,000 to 16,819,000, a change of -3,495,000 (-17.2%).
- Net loss of 6,120,000 reduced equity.
- New share issuances of 9,000 increased equity.
- Other comprehensive income decreased equity by 57,000.
- Other factors increased equity by 2,673,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.12 Million | -36.39% |
| Share Issuances | $9.00K | +0.05% |
| Other Comprehensive Income | $-57.00K | -0.34% |
| Other Changes | $2.67 Million | +15.89% |
| Total Change | $- | -17.20% |
Book Value vs Market Value Analysis
This analysis compares SAI.TECH Global Corporation'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: 1.63x
- 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 1673.65x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $1.17 | x |
| 2020-12-31 | $0.04 | $1.17 | x |
| 2021-12-31 | $-0.19 | $1.17 | x |
| 2022-12-31 | $1.06 | $1.17 | x |
| 2023-12-31 | $0.72 | $1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAI.TECH Global Corporation 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): -36.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -90.32%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.07x
- Recent ROE (-36.39%) is below the historical average (-34.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -160.00% | 0.00% | 0.00x | 3.77x | $-110.50K |
| 2020 | 81.25% | 20.59% | 0.48x | 8.14x | $353.40K |
| 2021 | 0.00% | -98.04% | 1.48x | 0.00x | $-16.47 Million |
| 2022 | -59.70% | -114.00% | 0.50x | 1.04x | $-14.16 Million |
| 2023 | -36.39% | -90.32% | 0.37x | 1.07x | $-7.80 Million |
Industry Comparison
This section compares SAI.TECH Global Corporation's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAI.TECH Global Corporation (SAI) | $16.82 Million | -160.00% | 0.07x | $15.64 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |