UPAY Inc
UPAY, Inc. provides a web-based client and loan administration software platform under the automated credit provider administration system (ACPAS) name to registered lenders in South Africa. The company offers a cloud-based loan origination software system that enables customers to grant loans, sell products, pay bills, or pay monthly subscriptions on terms. It also develops tailor-made web sites… Read more
UPAY Inc (UPYY) - Net Assets
Latest net assets as of November 2025: $-486.35K USD
Based on the latest financial reports, UPAY Inc (UPYY) has net assets worth $-486.35K USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($211.84K) and total liabilities ($698.20K). 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 | $-486.35K |
| % of Total Assets | -229.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | -798.95% |
| 10-Year Change | N/A |
| Growth Volatility | 211.67 |
UPAY Inc - Net Assets Trend (2019–2025)
This chart illustrates how UPAY 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 UPAY Inc (2019–2025)
The table below shows the annual net assets of UPAY Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $-468.86K | -84.00% |
| 2024-02-29 | $-254.81K | +33.30% |
| 2023-02-28 | $-382.03K | -49.55% |
| 2022-02-28 | $-255.45K | -480.82% |
| 2021-02-28 | $67.08K | -64.13% |
| 2020-02-29 | $186.99K | -5.27% |
| 2019-02-28 | $197.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to UPAY 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 198083600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.69 Million | % |
| Total Equity | $-468.86K | 100.00% |
UPAY Inc Competitors by Market Cap
The table below lists competitors of UPAY Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willow Biosciences Inc
OTCQB:CANSF
|
$2.85 Million |
|
Amtel Holdings Bhd
KLSE:7031
|
$2.85 Million |
|
Ralco Corporation Bhd
KLSE:7498
|
$2.85 Million |
|
Trimitra Propertindo Tbk PT
JK:LAND
|
$2.85 Million |
|
Sanwil Holding SA
WAR:SNW
|
$2.85 Million |
|
4Front Ventures Corp
OTCQX:FFNTF
|
$2.85 Million |
|
Enablence Technologies Inc
PINK:ENAFF
|
$2.85 Million |
|
Wira Global Solusi Tbk PT
JK:WGSH
|
$2.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UPAY Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -254,807 to -468,856, a change of -214,049.
- Net loss of 540,062 reduced equity.
- New share issuances of 100,000 increased equity.
- Other factors increased equity by 226,013.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-540.06K | -115.19% |
| Share Issuances | $100.00K | +21.33% |
| Other Changes | $226.01K | +48.21% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares UPAY 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 |
|---|---|---|---|
| 2019-02-28 | $0.01 | $0.70 | x |
| 2020-02-29 | $0.01 | $0.70 | x |
| 2021-02-28 | $0.00 | $0.70 | x |
| 2022-02-28 | $-0.01 | $0.70 | x |
| 2023-02-28 | $-0.02 | $0.70 | x |
| 2024-02-29 | $-0.02 | $0.70 | x |
| 2025-02-28 | $-0.03 | $0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UPAY 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: -75.50%
- • Asset Turnover: 3.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-42.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -20.20% | -3.63% | 1.07x | 5.18x | $-59.61K |
| 2020 | -11.07% | -1.51% | 2.45x | 3.00x | $-39.40K |
| 2021 | -267.66% | -16.17% | 1.77x | 9.35x | $-186.25K |
| 2022 | 0.00% | -25.28% | 1.00x | 0.00x | $-343.31K |
| 2023 | 0.00% | -9.96% | 1.63x | 0.00x | $-97.28K |
| 2024 | 0.00% | -52.80% | 1.81x | 0.00x | $-710.71K |
| 2025 | 0.00% | -75.50% | 3.05x | 0.00x | $-493.18K |
Industry Comparison
This section compares UPAY Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UPAY Inc (UPYY) | $-486.35K | -20.20% | N/A | $2.85 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |