SIMPPLE LTD. Ordinary Shares
Simpple Ltd. provides advanced technology solutions to facility owners and managers to manage their facilities autonomously in Singapore. The company engages in the sale, warranty, and maintenance of autonomous robotic cleaning equipment. It also offers SIMPPLE Ecosystem platform includes SIMPPLE Software, a software platform that helps facilities owners, managers and contractors better manage th… Read more
SIMPPLE LTD. Ordinary Shares (SPPL) - Net Assets
Latest net assets as of June 2025: $5.16 Million USD
Based on the latest financial reports, SIMPPLE LTD. Ordinary Shares (SPPL) has net assets worth $5.16 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.46 Million) and total liabilities ($6.30 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 | $5.16 Million |
| % of Total Assets | 45.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 514.46 |
SIMPPLE LTD. Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how SIMPPLE LTD. 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 SIMPPLE LTD. Ordinary Shares (2020–2024)
The table below shows the annual net assets of SIMPPLE LTD. Ordinary Shares from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.45 Million | -31.03% |
| 2023-12-31 | $3.55 Million | +997.90% |
| 2022-12-31 | $323.04K | +136.32% |
| 2021-12-31 | $-889.45K | +47.84% |
| 2020-12-31 | $-1.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SIMPPLE 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 1222553100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.06K | 0.08% |
| Other Comprehensive Income | $37.55K | 1.53% |
| Other Components | $17.04 Million | 696.50% |
| Total Equity | $2.45 Million | 100.00% |
SIMPPLE LTD. Ordinary Shares Competitors by Market Cap
The table below lists competitors of SIMPPLE LTD. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coloray International Investment Co. Ltd
KQ:900310
|
$9.50 Million |
|
THUNDERFUL GROUP SK
F:8JH
|
$9.50 Million |
|
Cannindah Resources Ltd
AU:CAE
|
$9.51 Million |
|
AEON Biopharma, Inc.
NYSE MKT:AEON
|
$9.51 Million |
|
AGMO
KLSE:0258
|
$9.50 Million |
|
Macro Metals Ltd
AU:M4M
|
$9.50 Million |
|
P2 Gold Inc
OTCQB:PGLDF
|
$9.50 Million |
|
AULSF
PINK:AULSF
|
$9.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SIMPPLE LTD. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,546,658 to 2,446,136, a change of -1,100,522 (-31.0%).
- Net loss of 3,932,965 reduced equity.
- New share issuances of 2,793,695 increased equity.
- Other comprehensive income increased equity by 38,748.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.93 Million | -160.78% |
| Share Issuances | $2.79 Million | +114.21% |
| Other Comprehensive Income | $38.75K | +1.58% |
| Total Change | $- | -31.03% |
Book Value vs Market Value Analysis
This analysis compares SIMPPLE 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: 14.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.10 | $2.20 | x |
| 2021-12-31 | $-0.05 | $2.20 | x |
| 2022-12-31 | $0.02 | $2.20 | x |
| 2023-12-31 | $0.22 | $2.20 | x |
| 2024-12-31 | $0.15 | $2.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SIMPPLE 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): -160.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -104.23%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.71x
- Recent ROE (-160.78%) is below the historical average (-123.61%), 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 | 0.00% | -11.95% | 0.62x | 0.00x | $-253.09K |
| 2021 | 0.00% | 1.57% | 0.85x | 0.00x | $154.76K |
| 2022 | -243.78% | -12.10% | 1.12x | 18.05x | $-819.82K |
| 2023 | -213.46% | -161.53% | 0.53x | 2.47x | $-7.93 Million |
| 2024 | -160.78% | -104.23% | 0.57x | 2.71x | $-4.18 Million |
Industry Comparison
This section compares SIMPPLE LTD. Ordinary Shares's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SIMPPLE LTD. Ordinary Shares (SPPL) | $5.16 Million | 0.00% | 1.22x | $9.50 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |