K.B. Recycling Industries Ltd
Oceansix Future Paths Ltd. provides solutions based on recycled plastic products in Europe. The company manufactures and sells trays and packaging products from plastic sheets and boards for automotive, agriculture, and beverage industries. It also develops solutions and added-value products from post-consumer recycled plastics. The company was formerly known as K.B. Recycling Industries Ltd. and… Read more
K.B. Recycling Industries Ltd (AKMYF) - Net Assets
Latest net assets as of June 2024: $-604.00K USD
Based on the latest financial reports, K.B. Recycling Industries Ltd (AKMYF) has net assets worth $-604.00K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.49 Million) and total liabilities ($7.10 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 | $-604.00K |
| % of Total Assets | -9.3% |
| Annual Growth Rate | -46.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 92.24 |
K.B. Recycling Industries Ltd - Net Assets Trend (2019–2023)
This chart illustrates how K.B. Recycling Industries Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for K.B. Recycling Industries Ltd (2019–2023)
The table below shows the annual net assets of K.B. Recycling Industries Ltd from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $94.00K | -97.76% |
| 2022-12-31 | $4.19 Million | -10.01% |
| 2021-12-31 | $4.66 Million | +401.95% |
| 2020-12-31 | $-1.54 Million | -234.20% |
| 2019-12-31 | $1.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to K.B. Recycling Industries Ltd'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 2027300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $53.68 Million | 57110.64% |
| Total Equity | $94.00K | 100.00% |
K.B. Recycling Industries Ltd Competitors by Market Cap
The table below lists competitors of K.B. Recycling Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SandRidge Mississippian Trust I
PINK:SDTTU
|
$1.84 Million |
|
Indaptus Therapeutics Inc
NASDAQ:INDP
|
$1.84 Million |
|
Pucara Gold Ltd
PINK:PCRAF
|
$1.84 Million |
|
Prima Globalindo Logistik Tbk
JK:PPGL
|
$1.84 Million |
|
CARDINAL HEALTH
MU:CLH
|
$1.84 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$1.84 Million |
|
VALIANT HLDG N - Dusseldorf Stock Exchang
DU:VAT
|
$1.84 Million |
|
AMETEK (AK1.SG)
STU:AK1
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K.B. Recycling Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,190,000 to 94,000, a change of -4,096,000 (-97.8%).
- Net loss of 4,653,000 reduced equity.
- Other factors increased equity by 557,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.65 Million | -4950.0% |
| Other Changes | $557.00K | +592.55% |
| Total Change | $- | -97.76% |
Book Value vs Market Value Analysis
This analysis compares K.B. Recycling Industries Ltd'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: 23.76x
- 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 increased from 1.47x to 23.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.01 | $0.01 | x |
| 2020-12-31 | $-0.01 | $0.01 | x |
| 2021-12-31 | $0.04 | $0.01 | x |
| 2022-12-31 | $0.03 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K.B. Recycling Industries Ltd 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): -4950.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -189.61%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 59.38x
- Recent ROE (-4950.00%) is below the historical average (-1082.02%), 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 | -209.75% | -159.60% | 0.40x | 3.29x | $-2.52 Million |
| 2020 | 0.00% | -467.02% | 0.17x | 0.00x | $-4.31 Million |
| 2021 | -143.64% | -577.55% | 0.12x | 2.06x | $-7.15 Million |
| 2022 | -106.73% | -652.85% | 0.08x | 1.97x | $-4.89 Million |
| 2023 | -4950.00% | -189.61% | 0.44x | 59.38x | $-4.66 Million |
Industry Comparison
This section compares K.B. Recycling Industries Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $128,651,099
- Average return on equity (ROE) among peers: -9.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K.B. Recycling Industries Ltd (AKMYF) | $-604.00K | -209.75% | N/A | $1.84 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |