A-Sonic Aerospace Limited
A-Sonic Aerospace Limited, an investment holding company, engages in the aviation and logistics businesses in Asia, North America, Europe, and Sub-Continent India. The company sells aircrafts engines and aircrafts components. It also provides logistic solutions, including international and domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground servic… Read more
A-Sonic Aerospace Limited (ASNCF) - Net Assets
Latest net assets as of December 2024: $48.34 Million USD
Based on the latest financial reports, A-Sonic Aerospace Limited (ASNCF) has net assets worth $48.34 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.00 Million) and total liabilities ($39.65 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 | $48.34 Million |
| % of Total Assets | 54.94% |
| Annual Growth Rate | 1.97% |
| 5-Year Change | 39.36% |
| 10-Year Change | 74.19% |
| Growth Volatility | 14.84 |
A-Sonic Aerospace Limited - Net Assets Trend (2013–2024)
This chart illustrates how A-Sonic Aerospace Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for A-Sonic Aerospace Limited (2013–2024)
The table below shows the annual net assets of A-Sonic Aerospace Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $48.34 Million | +5.62% |
| 2023-12-31 | $45.77 Million | -0.48% |
| 2022-12-31 | $45.99 Million | +6.38% |
| 2021-12-31 | $43.23 Million | +24.63% |
| 2020-12-31 | $34.69 Million | +28.61% |
| 2019-12-31 | $26.97 Million | +10.94% |
| 2018-12-31 | $24.31 Million | +2.87% |
| 2017-12-31 | $23.63 Million | -5.59% |
| 2016-12-31 | $25.03 Million | -9.80% |
| 2015-12-31 | $27.75 Million | -27.76% |
| 2014-12-31 | $38.42 Million | -1.55% |
| 2013-12-31 | $39.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to A-Sonic Aerospace Limited'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 680900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.95 Million | 6.23% |
| Other Components | $44.36 Million | 93.77% |
| Total Equity | $47.31 Million | 100.00% |
A-Sonic Aerospace Limited Competitors by Market Cap
The table below lists competitors of A-Sonic Aerospace Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bynordic Acquisition Corp
NASDAQ:BYNO
|
$7.03 Million |
|
Iris Metals Ltd
AU:IR1
|
$7.03 Million |
|
Wilmington Capital Management Inc
TO:WCM-A
|
$7.04 Million |
|
Australian Silica Quartz Group Ltd
PINK:BXRDF
|
$7.05 Million |
|
Step One Clothing Limited
F:J6H
|
$7.03 Million |
|
WIJAYA KARYA BETON RP 100
F:WK0
|
$7.03 Million |
|
High-Tech Metals Ltd
AU:HTM
|
$7.02 Million |
|
Green Resources Public Company Limited
BK:GREEN
|
$7.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A-Sonic Aerospace Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,030,000 to 47,306,000, a change of 2,276,000 (5.1%).
- Net income of 2,934,000 contributed positively to equity growth.
- Share repurchases of 4,000 reduced equity.
- Other factors decreased equity by 654,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.93 Million | +6.2% |
| Share Repurchases | $4.00K | -0.01% |
| Other Changes | $-654.00K | -1.38% |
| Total Change | $- | 5.05% |
Book Value vs Market Value Analysis
This analysis compares A-Sonic Aerospace Limited'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: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.41 | $0.20 | x |
| 2020-12-31 | $0.50 | $0.20 | x |
| 2021-12-31 | $0.58 | $0.20 | x |
| 2022-12-31 | $0.42 | $0.20 | x |
| 2023-12-31 | $0.42 | $0.20 | x |
| 2024-12-31 | $0.44 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A-Sonic Aerospace Limited 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.05%
- • Asset Turnover: 3.16x
- • Equity Multiplier: 1.86x
- Recent ROE (6.20%) is above the historical average (2.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.34% | 0.92% | 3.03x | 2.27x | $-1.46 Million |
| 2014 | 0.27% | 0.04% | 2.95x | 2.07x | $-3.88 Million |
| 2015 | -33.97% | -4.99% | 3.28x | 2.08x | $-12.94 Million |
| 2016 | -9.19% | -1.33% | 2.88x | 2.41x | $-5.15 Million |
| 2017 | -4.64% | -0.59% | 2.76x | 2.86x | $-3.85 Million |
| 2018 | 5.35% | 0.68% | 2.98x | 2.66x | $-1.29 Million |
| 2019 | 8.49% | 1.24% | 3.19x | 2.16x | $-449.10K |
| 2020 | 17.46% | 2.41% | 3.33x | 2.18x | $2.70 Million |
| 2021 | 15.65% | 1.44% | 4.30x | 2.53x | $2.39 Million |
| 2022 | 10.93% | 1.29% | 3.94x | 2.16x | $417.00K |
| 2023 | 2.18% | 0.45% | 2.50x | 1.94x | $-3.52 Million |
| 2024 | 6.20% | 1.05% | 3.16x | 1.86x | $-1.80 Million |
Industry Comparison
This section compares A-Sonic Aerospace Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $405,343,514
- Average return on equity (ROE) among peers: 14.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A-Sonic Aerospace Limited (ASNCF) | $48.34 Million | 6.34% | 0.82x | $7.03 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |