Huaizhong Health Group Inc
Huaizhong Health Group, Inc. does not have significant operations. Previously, it was engaged in the manufacture, distribution, and sale of custom pillows. Huaizhong Health Group, Inc. was formerly known as Adaiah Distribution, Inc. and changed its name to Huaizhong Health Group, Inc. in December 2020. The company was incorporated in 2013 and is based in Guangzhou, China.
Huaizhong Health Group Inc (ADAD) - Net Assets
Latest net assets as of April 2023: $-90.02K USD
Based on the latest financial reports, Huaizhong Health Group Inc (ADAD) has net assets worth $-90.02K USD as of April 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($500.00) and total liabilities ($90.52K). 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 | $-90.02K |
| % of Total Assets | -18004.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -397.54% |
| Growth Volatility | 243.68 |
Huaizhong Health Group Inc - Net Assets Trend (2013–2023)
This chart illustrates how Huaizhong Health Group 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 Huaizhong Health Group Inc (2013–2023)
The table below shows the annual net assets of Huaizhong Health Group Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $-79.47K | 0.00% |
| 2022-10-31 | $-79.47K | -57.99% |
| 2021-10-31 | $-50.30K | -158.32% |
| 2020-10-31 | $-19.47K | -1801.56% |
| 2019-10-31 | $-1.02K | -- |
| 2018-10-31 | $0.00 | -- |
| 2017-10-31 | $18.66K | -5.73% |
| 2016-10-31 | $19.79K | +4.58% |
| 2015-10-31 | $18.93K | -29.14% |
| 2014-10-31 | $26.71K | +569.76% |
| 2013-10-31 | $3.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huaizhong Health Group 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 36856500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.52K | % |
| Other Components | $257.59K | % |
| Total Equity | $-79.47K | 100.00% |
Huaizhong Health Group Inc Competitors by Market Cap
The table below lists competitors of Huaizhong Health Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thang Long Urban Development and Construction Investment JSC
VN:TLD
|
$3.15K |
|
LaFleur Minerals Inc.
F:3WK0
|
$3.16K |
|
Alpha Star Acquisition Corporation Warrants
NASDAQ:ALSAW
|
$3.16K |
|
WOOD GROUP (JOHN) - Dusseldorf Stock Exchang
DU:JWG1
|
$3.16K |
|
SCI JSC
VN:S99
|
$3.15K |
|
Kelani Tyres PLC
CM:TYREN0000
|
$3.15K |
|
System1 Group PLC
LSE:SYS1
|
$3.15K |
|
Viet Thai Electric Cable Corp
VN:VTH
|
$3.15K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huaizhong Health Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -79,472 to -79,472, a change of 0.
- Net loss of 29,171 reduced equity.
- Other factors increased equity by 29,171.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.17K | -36.71% |
| Other Changes | $29.17K | +36.71% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Huaizhong Health Group 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 |
|---|---|---|---|
| 2013-10-31 | $15.95 | $0.11 | x |
| 2014-10-31 | $106.84 | $0.11 | x |
| 2015-10-31 | $0.00 | $0.11 | x |
| 2016-10-31 | $56.23 | $0.11 | x |
| 2017-10-31 | $0.15 | $0.11 | x |
| 2018-10-31 | $0.00 | $0.11 | x |
| 2019-10-31 | $-0.07 | $0.11 | x |
| 2020-10-31 | $0.00 | $0.11 | x |
| 2021-10-31 | $0.00 | $0.11 | x |
| 2022-10-31 | $0.00 | $0.11 | x |
| 2023-10-31 | $0.00 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huaizhong Health Group 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-53.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.81% | 0.00% | 0.00x | 10.57x | $-470.80 |
| 2014 | 85.07% | 24.89% | 2.86x | 1.19x | $20.05K |
| 2015 | -252.48% | -45.15% | 4.37x | 1.28x | $-49.68K |
| 2016 | 4.38% | 2.08% | 1.96x | 1.07x | $-1.11K |
| 2017 | -418.77% | -192.88% | 2.02x | 1.08x | $-80.00K |
| 2018 | 0.00% | -30.98% | 0.00x | 0.00x | $-6.37K |
| 2019 | 0.00% | -613.02% | 1.02x | 0.00x | $-123.89K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.01K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.80K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.22K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.22K |
Industry Comparison
This section compares Huaizhong Health Group Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $40,754,761
- Average return on equity (ROE) among peers: -71.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huaizhong Health Group Inc (ADAD) | $-90.02K | -1.81% | N/A | $3.15K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |