Alternet Systems Inc
MBAK Energy Solutions Inc. engages in the development, manufacturing and commercialization of non fossil fuel energy products. Its products include lithium, sodium, and solid state batteries and battery manufacturing and supply chain equipment for industrial, medical, portable electronics and EV application. It also manufactures and sells E-Taxi bikes. MBAK Energy Solutions Inc. was formerly know… Read more
Alternet Systems Inc (ALYI) - Net Assets
Latest net assets as of March 2025: $-417.86K USD
Based on the latest financial reports, Alternet Systems Inc (ALYI) has net assets worth $-417.86K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($196.00) and total liabilities ($418.06K). 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 | $-417.86K |
| % of Total Assets | -213193.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Alternet Systems Inc - Net Assets Trend (2002–2024)
This chart illustrates how Alternet Systems 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 Alternet Systems Inc (2002–2024)
The table below shows the annual net assets of Alternet Systems Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-624.29K | -9.58% |
| 2023-12-31 | $-569.69K | -4.92% |
| 2022-12-31 | $-542.99K | +63.58% |
| 2021-12-31 | $-1.49 Million | +50.00% |
| 2020-12-31 | $-2.98 Million | +23.84% |
| 2019-12-31 | $-3.91 Million | +15.54% |
| 2018-12-31 | $-4.63 Million | -6.32% |
| 2017-12-31 | $-4.36 Million | -28.99% |
| 2016-12-31 | $-3.38 Million | -28.86% |
| 2015-12-31 | $-2.62 Million | +24.21% |
| 2014-12-31 | $-3.46 Million | +36.84% |
| 2013-12-31 | $-5.48 Million | -303.42% |
| 2012-12-31 | $-1.36 Million | -323.01% |
| 2011-12-31 | $608.97K | +148.27% |
| 2010-12-31 | $-1.26 Million | +10.16% |
| 2009-12-31 | $-1.40 Million | -42.16% |
| 2008-12-31 | $-987.91K | -448.48% |
| 2007-12-31 | $-180.12K | +14.74% |
| 2006-12-31 | $-211.25K | -25.73% |
| 2005-12-31 | $-168.02K | +69.61% |
| 2004-12-31 | $-552.91K | -5.59% |
| 2003-12-31 | $-523.63K | -375.19% |
| 2002-12-31 | $-110.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alternet Systems 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 256892300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.57K | % |
| Other Comprehensive Income | $-2.03K | % |
| Other Components | $2.69 Million | % |
| Total Equity | $-624.29K | 100.00% |
Alternet Systems Inc Competitors by Market Cap
The table below lists competitors of Alternet Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CASIO COMPUTER - Dusseldorf Stock Exchang
DU:CAC1
|
$74.96K |
|
Rajvir Industries Limited
NSE:RAJVIR
|
$75.02K |
|
SPHCF
OTCGREY:SPHCF
|
$75.08K |
|
Nexus Gold Corp.
PINK:NXSGF
|
$75.08K |
|
BLBT39
SA:BLBT39
|
$74.80K |
|
Storytel AB Class B
F:DST
|
$74.80K |
|
BICL39
SA:BICL39
|
$74.73K |
|
SUSTAINABLE POWER CL.A
F:9QE
|
$74.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alternet Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -569,691 to -624,286, a change of -54,595.
- Net loss of 54,595 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-54.59K | -8.75% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Alternet Systems 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 |
|---|---|---|---|
| 2002-12-31 | $-0.07 | $0.00 | x |
| 2003-12-31 | $-0.31 | $0.00 | x |
| 2004-12-31 | $-0.24 | $0.00 | x |
| 2005-12-31 | $-0.06 | $0.00 | x |
| 2006-12-31 | $-0.05 | $0.00 | x |
| 2007-12-31 | $-0.02 | $0.00 | x |
| 2008-12-31 | $-0.06 | $0.00 | x |
| 2009-12-31 | $-0.07 | $0.00 | x |
| 2010-12-31 | $-0.03 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $-0.01 | $0.00 | x |
| 2013-12-31 | $-0.04 | $0.00 | x |
| 2014-12-31 | $-0.04 | $0.00 | x |
| 2015-12-31 | $-0.02 | $0.00 | x |
| 2016-12-31 | $-0.03 | $0.00 | x |
| 2017-12-31 | $-0.04 | $0.00 | x |
| 2018-12-31 | $-0.04 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alternet Systems 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: -26.76%
- • Asset Turnover: 21.90x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-34.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -743.08% | 1.73x | 0.00x | $-499.98K |
| 2003 | 0.00% | -2098.24% | 0.64x | 0.00x | $-1.65 Million |
| 2004 | 0.00% | -1097.63% | 3.30x | 0.00x | $-572.77K |
| 2005 | 0.00% | -1753.94% | 0.91x | 0.00x | $-246.76K |
| 2006 | 0.00% | -27766.12% | 0.24x | 0.00x | $-979.57K |
| 2007 | 0.00% | -10.12% | 6.74x | 0.00x | $-301.99K |
| 2008 | 0.00% | -276.80% | 15.29x | 0.00x | $-1.74 Million |
| 2009 | 0.00% | -247.16% | 2.81x | 0.00x | $-544.67K |
| 2010 | 0.00% | -218.66% | 1.19x | 0.00x | $-2.73 Million |
| 2011 | -786.29% | -188.19% | 0.28x | 15.09x | $-2.31 Million |
| 2012 | 0.00% | -271.14% | 0.37x | 0.00x | $-3.24 Million |
| 2013 | 0.00% | -105380.45% | 0.00x | 0.00x | $-2.93 Million |
| 2014 | 0.00% | 759.80% | 0.41x | 0.00x | $1.91 Million |
| 2015 | 0.00% | 1738.70% | 0.10x | 0.00x | $610.01K |
| 2016 | 0.00% | -1420.72% | 0.10x | 0.00x | $-401.04K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-331.08K |
| 2018 | 0.00% | -253.33% | 0.33x | 0.00x | $-144.51K |
| 2019 | 0.00% | -165.00% | 0.26x | 0.00x | $-4.55K |
| 2020 | 0.00% | -99.58% | 0.25x | 0.00x | $59.14K |
| 2021 | 0.00% | -431.60% | 0.14x | 0.00x | $-1.09 Million |
| 2022 | 0.00% | 145.68% | 14.63x | 0.00x | $141.70K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $30.27K |
| 2024 | 0.00% | -26.76% | 21.90x | 0.00x | $7.83K |
Industry Comparison
This section compares Alternet Systems Inc's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $147,359,035
- Average return on equity (ROE) among peers: -15.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alternet Systems Inc (ALYI) | $-417.86K | 0.00% | N/A | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |