Adamant DRI Processing and Minerals Group
Adamant DRI Processing and Minerals Group does not have significant operations. Previously, it was engaged in the provision of digital implementation plans for exhibition center projects and display booths, and model designs for various exhibition centers and real estate. The company was incorporated in 2014 and is based in Eagle, Idaho. Adamant DRI Processing and Minerals Group is a subsidiary o… Read more
Adamant DRI Processing and Minerals Group (ADMG) - Net Assets
Latest net assets as of September 2023: $34.67K USD
Based on the latest financial reports, Adamant DRI Processing and Minerals Group (ADMG) has net assets worth $34.67K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($70.00K) and total liabilities ($35.33K). 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 | $34.67K |
| % of Total Assets | 49.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 577.7 |
Adamant DRI Processing and Minerals Group - Net Assets Trend (2011–2022)
This chart illustrates how Adamant DRI Processing and Minerals Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Adamant DRI Processing and Minerals Group (2011–2022)
The table below shows the annual net assets of Adamant DRI Processing and Minerals Group from 2011 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-37.17K | +43.76% |
| 2021-12-31 | $-66.10K | -1171.13% |
| 2020-12-31 | $-5.20K | -101.17% |
| 2018-12-31 | $445.70K | +102.08% |
| 2017-12-31 | $-21.48 Million | -70.29% |
| 2016-12-31 | $-12.61 Million | -54.70% |
| 2015-12-31 | $-8.15 Million | -1256.57% |
| 2014-12-31 | $704.93K | +2062.40% |
| 2013-12-31 | $-35.92K | -761.85% |
| 2012-12-31 | $-4.17K | +16.66% |
| 2011-12-31 | $-5.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adamant DRI Processing and Minerals Group'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 954704300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.11K | % |
| Other Comprehensive Income | $1.86 Million | % |
| Other Components | $7.64 Million | % |
| Total Equity | $-37.17K | 100.00% |
Adamant DRI Processing and Minerals Group Competitors by Market Cap
The table below lists competitors of Adamant DRI Processing and Minerals Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Realites
PA:ALREA
|
$872.68K |
|
Red Metal Resources Ltd
PINK:RMESF
|
$873.32K |
|
TurnOnGreen, Inc
PINK:TOGI
|
$874.15K |
|
ReTo Eco-Solutions Inc
NASDAQ:RETO
|
$874.65K |
|
Classic Minerals Ltd
AU:CLZ
|
$872.27K |
|
JM SMUCKER - Dusseldorf Stock Exchang
DU:JM2
|
$872.11K |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
$872.08K |
|
Click Holdings Limited
NASDAQ:CLIK
|
$871.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adamant DRI Processing and Minerals Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -66,099 to -37,174, a change of 28,925.
- Net loss of 71,843 reduced equity.
- Other factors increased equity by 100,768.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-71.84K | -193.26% |
| Other Changes | $100.77K | +271.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Adamant DRI Processing and Minerals Group'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 |
|---|---|---|---|
| 2003-12-31 | $0.00 | $0.11 | x |
| 2004-12-31 | $0.00 | $0.11 | x |
| 2005-12-31 | $0.00 | $0.11 | x |
| 2006-12-31 | $-0.01 | $0.11 | x |
| 2007-12-31 | $-0.01 | $0.11 | x |
| 2008-12-31 | $-0.01 | $0.11 | x |
| 2009-12-31 | $-0.01 | $0.11 | x |
| 2010-12-31 | $-0.02 | $0.11 | x |
| 2011-12-31 | $0.00 | $0.11 | x |
| 2012-12-31 | $0.00 | $0.11 | x |
| 2013-12-31 | $0.00 | $0.11 | x |
| 2014-12-31 | $0.01 | $0.11 | x |
| 2015-12-31 | $-0.13 | $0.11 | x |
| 2016-12-31 | $-0.20 | $0.11 | x |
| 2017-12-31 | $-0.32 | $0.11 | x |
| 2018-12-31 | $0.01 | $0.11 | x |
| 2019-12-31 | $0.00 | $0.11 | x |
| 2020-12-31 | $0.00 | $0.11 | x |
| 2021-12-31 | $0.00 | $0.11 | x |
| 2022-12-31 | $0.00 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adamant DRI Processing and Minerals Group 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 below the historical average (204.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.30K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.00K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.70K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.10K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.50K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.35K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-36.50K |
| 2012 | 0.00% | -117817.24% | 0.00x | 0.00x | $-33.75K |
| 2013 | 0.00% | -529233.33% | 0.00x | 0.00x | $-28.16K |
| 2014 | -1083.51% | 0.00% | 0.00x | 85.96x | $-7.71 Million |
| 2015 | 0.00% | -1271.86% | 0.01x | 0.00x | $-8.35 Million |
| 2016 | 0.00% | -1008.98% | 0.01x | 0.00x | $-4.93 Million |
| 2017 | 0.00% | -713128.23% | 0.00x | 0.00x | $-5.03 Million |
| 2018 | 4768.92% | 43601.03% | 0.09x | 1.20x | $21.21 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-141.75K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.98K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-54.29K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-68.13K |
Industry Comparison
This section compares Adamant DRI Processing and Minerals Group's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adamant DRI Processing and Minerals Group (ADMG) | $34.67K | 0.00% | 1.02x | $872.61K |
| 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 |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |