SmartKem, Inc. Common Stock
SmartKem, Inc., together with its subsidiaries, develops and sells transistors using its proprietary semiconductor materials. The company offers TRUFLEX materials used in a range of applications, including MicroLED, LCD, and AMOLED displays, as well as computer and AI chip packaging and sensors. It also provides prototyping services. The company was founded in 2009 and is headquartered in Manches… Read more
SmartKem, Inc. Common Stock (SMTK) - Net Assets
Latest net assets as of September 2025: $-2.95 Million USD
Based on the latest financial reports, SmartKem, Inc. Common Stock (SMTK) has net assets worth $-2.95 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 ($3.25 Million) and total liabilities ($6.20 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 | $-2.95 Million |
| % of Total Assets | -90.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 38.8 |
SmartKem, Inc. Common Stock - Net Assets Trend (2020–2024)
This chart illustrates how SmartKem, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SmartKem, Inc. Common Stock (2020–2024)
The table below shows the annual net assets of SmartKem, Inc. Common Stock from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.59 Million | -18.76% |
| 2023-12-31 | $8.11 Million | +37.91% |
| 2022-12-31 | $5.88 Million | -56.49% |
| 2021-12-31 | $13.52 Million | +65871.68% |
| 2020-12-31 | $-20.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SmartKem, Inc. Common Stock'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 5667400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $121.21 Million | 1839.04% |
| Total Equity | $6.59 Million | 100.00% |
SmartKem, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of SmartKem, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRIMERICA (PI7.SG)
STU:PI7
|
$2.20 Million |
|
Schulte-Schlagbaum AG
DU:SSS
|
$2.20 Million |
|
DTI Group Ltd
AU:DTI
|
$2.20 Million |
|
Sambhaav Media Limited
NSE:SAMBHAAV
|
$2.21 Million |
|
Intelligent Living Application Group Inc
NASDAQ:ILAG
|
$2.20 Million |
|
Aldrich Resources Bhd
KLSE:0079
|
$2.20 Million |
|
Korporacja KGL S.A.
WAR:KGL
|
$2.20 Million |
|
WESTERN DIGITAL (WDC.SG)
STU:WDC
|
$2.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SmartKem, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,113,000 to 6,591,000, a change of -1,522,000 (-18.8%).
- Net loss of 10,330,000 reduced equity.
- New share issuances of 7,650,000 increased equity.
- Other factors increased equity by 1,158,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.33 Million | -156.73% |
| Share Issuances | $7.65 Million | +116.07% |
| Other Changes | $1.16 Million | +17.57% |
| Total Change | $- | -18.76% |
Book Value vs Market Value Analysis
This analysis compares SmartKem, Inc. Common Stock'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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $2.55 | x |
| 2021-12-31 | $0.53 | $2.55 | x |
| 2022-12-31 | $0.22 | $2.55 | x |
| 2023-12-31 | $9.26 | $2.55 | x |
| 2024-12-31 | $1.84 | $2.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SmartKem, Inc. Common Stock 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): -156.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12597.56%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.35x
- Recent ROE (-156.73%) is below the historical average (-116.71%), 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% | -24609.57% | 11.14x | 0.00x | $-23.13 Million |
| 2021 | -126.65% | -95144.44% | 0.00x | 1.11x | $-18.48 Million |
| 2022 | -195.39% | -28737.50% | 0.01x | 1.28x | $-12.08 Million |
| 2023 | -104.76% | -31477.78% | 0.00x | 1.39x | $-9.31 Million |
| 2024 | -156.73% | -12597.56% | 0.01x | 1.35x | $-10.99 Million |
Industry Comparison
This section compares SmartKem, Inc. Common Stock's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SmartKem, Inc. Common Stock (SMTK) | $-2.95 Million | 0.00% | N/A | $2.20 Million |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |