Smart Digital Group Limited Ordinary Shares
Smart Digital Group Limited, together with its subsidiaries, provides internet media, business planning and consulting, event planning and execution, and software customization and marketing services in Mainland China and Macau. The company offers content promotion services and marketing strategy; drafting event planning proposals, customizing event marketing strategies, event sponsors, and other… Read more
Smart Digital Group Limited Ordinary Shares (SDM) - Net Assets
Latest net assets as of September 2024: $6.38 Million USD
Based on the latest financial reports, Smart Digital Group Limited Ordinary Shares (SDM) has net assets worth $6.38 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.53 Million) and total liabilities ($7.15 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 | $6.38 Million |
| % of Total Assets | 47.16% |
| Annual Growth Rate | 56.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.02 |
Smart Digital Group Limited Ordinary Shares - Net Assets Trend (2022–2024)
This chart illustrates how Smart Digital Group Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Smart Digital Group Limited Ordinary Shares (2022–2024)
The table below shows the annual net assets of Smart Digital Group Limited Ordinary Shares from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $6.38 Million | +38.52% |
| 2023-09-30 | $4.61 Million | +76.57% |
| 2022-09-30 | $2.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smart Digital Group Limited 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 grown by 140.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.32 Million | 99.11% |
| Common Stock | $25.00K | 0.39% |
| Other Comprehensive Income | $56.54K | 0.89% |
| Total Equity | $6.38 Million | 100.00% |
Smart Digital Group Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Smart Digital Group Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malmbergs Elektriska AB (publ)
ST:MEAB-B
|
$13.23 Million |
|
Kapston Services Limited
NSE:KAPSTON
|
$13.24 Million |
|
PXSTD
PINK:PXSTD
|
$13.24 Million |
|
SOSANDAR PLC LS -001
F:HXKB
|
$13.24 Million |
|
Surgepays Inc
NASDAQ:SURG
|
$13.22 Million |
|
Intervacc AB
ST:IVACC
|
$13.22 Million |
|
Koryo Electronics Co Ltd
TWO:8032
|
$13.22 Million |
|
Mestron Holdings
KLSE:0207
|
$13.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Digital Group Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,605,085 to 6,378,991, a change of 1,773,906 (38.5%).
- Net income of 1,696,654 contributed positively to equity growth.
- Other comprehensive income increased equity by 77,252.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.70 Million | +26.6% |
| Other Comprehensive Income | $77.25K | +1.21% |
| Total Change | $- | 38.52% |
Book Value vs Market Value Analysis
This analysis compares Smart Digital Group Limited 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: 7.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.80x to 7.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | $0.10 | $1.85 | x |
| 2023-09-30 | $0.17 | $1.85 | x |
| 2024-09-30 | $0.24 | $1.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Digital Group Limited 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): 26.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.88%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 2.12x
- Recent ROE (26.60%) is above the historical average (24.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 5.08% | 7.22% | 0.42x | 1.69x | $-128.35K |
| 2023 | 43.28% | 20.54% | 0.91x | 2.32x | $1.53 Million |
| 2024 | 26.60% | 7.88% | 1.59x | 2.12x | $1.06 Million |
Industry Comparison
This section compares Smart Digital Group Limited Ordinary Shares's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smart Digital Group Limited Ordinary Shares (SDM) | $6.38 Million | 5.08% | 1.12x | $13.22 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |