Society Pass Inc
Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, the Philippines, Singapore, the United States, Thailand, and Malaysia. It operates through Online Grocery and Food and Groceries Deliveries; Digital Marketing; Online Ticketing and Reservation; Telecommunications Reseller; and e-Commerce segme… Read more
Society Pass Inc (SOPA) - Net Assets
Latest net assets as of September 2025: $13.71 Million USD
Based on the latest financial reports, Society Pass Inc (SOPA) has net assets worth $13.71 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 ($33.32 Million) and total liabilities ($19.60 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 | $13.71 Million |
| % of Total Assets | 41.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.33 |
Society Pass Inc - Net Assets Trend (2018–2024)
This chart illustrates how Society Pass Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Society Pass Inc (2018–2024)
The table below shows the annual net assets of Society Pass Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.41 Million | -147.97% |
| 2023-12-31 | $5.03 Million | -74.87% |
| 2022-12-31 | $20.01 Million | -38.09% |
| 2021-12-31 | $32.33 Million | +410.38% |
| 2020-12-31 | $-10.41 Million | -47.73% |
| 2019-12-31 | $-7.05 Million | -182.81% |
| 2018-12-31 | $8.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Society Pass Inc'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 10870078800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $372.00 | % |
| Other Comprehensive Income | $272.92K | % |
| Other Components | $107.75 Million | % |
| Total Equity | $-2.14 Million | 100.00% |
Society Pass Inc Competitors by Market Cap
The table below lists competitors of Society Pass Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Complii Fintech Solutions Ltd
AU:CF1
|
$3.51 Million |
|
Great Atlantic Resources Corp
V:GR
|
$3.51 Million |
|
Kakatiya Cement Sugar & Industries Limited
NSE:KAKATCEM
|
$3.51 Million |
|
Cannabis Sativa Inc
OTCQB:CBDS
|
$3.51 Million |
|
Magnetite Mines Ltd
AU:MGT
|
$3.51 Million |
|
Sodas Sodyum Sanayi AS
IS:SODSN
|
$3.51 Million |
|
ROVSING AS IN. DK 50
F:RVY
|
$3.51 Million |
|
TruCap Finance Limited
NSE:TRU
|
$3.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Society Pass Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,306,415 to -2,138,809, a change of -7,445,224 (-140.3%).
- Net loss of 10,227,278 reduced equity.
- New share issuances of 1,387,273 increased equity.
- Other comprehensive income increased equity by 515,046.
- Other factors increased equity by 879,735.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.23 Million | -478.18% |
| Share Issuances | $1.39 Million | +64.86% |
| Other Comprehensive Income | $515.05K | +24.08% |
| Other Changes | $879.74K | +41.13% |
| Total Change | $- | -140.31% |
Book Value vs Market Value Analysis
This analysis compares Society Pass Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $26.43 | $0.65 | x |
| 2019-12-31 | $-17.38 | $0.65 | x |
| 2020-12-31 | $-22.35 | $0.65 | x |
| 2021-12-31 | $51.51 | $0.65 | x |
| 2022-12-31 | $12.49 | $0.65 | x |
| 2023-12-31 | $2.75 | $0.65 | x |
| 2024-12-31 | $-0.72 | $0.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Society Pass Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -143.93%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-92.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -34.32% | 0.00% | 0.00x | 1.05x | $-3.77 Million |
| 2019 | 0.00% | -70103.04% | 0.00x | 0.00x | $-6.59 Million |
| 2020 | 0.00% | -7297.94% | 0.01x | 0.00x | $-2.79 Million |
| 2021 | -107.21% | -6687.08% | 0.01x | 1.08x | $-38.01 Million |
| 2022 | -166.04% | -599.52% | 0.17x | 1.61x | $-35.82 Million |
| 2023 | -341.74% | -221.92% | 0.50x | 3.08x | $-18.66 Million |
| 2024 | 0.00% | -143.93% | 0.33x | 0.00x | $-10.01 Million |
Industry Comparison
This section compares Society Pass Inc'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 |
|---|---|---|---|---|
| Society Pass Inc (SOPA) | $13.71 Million | -34.32% | 1.43x | $3.51 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 |