American Metal & Technology Inc
American Metal & Technology, Inc., through its subsidiary, American Metal Technology Group, manufactures and sells high-precision investment casting and metal fabrication products in the People's Republic of China. It offers investment casting and machined products, including valves, pipe fittings, regulators, dispensers, machinery spare parts, marine hardware, water treatment parts, automotive a… Read more
American Metal & Technology Inc (AMGY) - Net Assets
Latest net assets as of September 2010: $17.70 Million USD
Based on the latest financial reports, American Metal & Technology Inc (AMGY) has net assets worth $17.70 Million USD as of September 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.95 Million) and total liabilities ($2.25 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 | $17.70 Million |
| % of Total Assets | 88.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.77 |
American Metal & Technology Inc - Net Assets Trend (1999–2009)
This chart illustrates how American Metal & Technology 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 American Metal & Technology Inc (1999–2009)
The table below shows the annual net assets of American Metal & Technology Inc from 1999 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $16.68 Million | -1.27% |
| 2008-12-31 | $16.89 Million | +40.27% |
| 2007-12-31 | $12.04 Million | +1156.16% |
| 2006-12-31 | $-1.14 Million | +49.26% |
| 2005-12-31 | $-2.25 Million | -12.06% |
| 2004-12-31 | $-2.01 Million | -14.04% |
| 2003-12-31 | $-1.76 Million | -13.99% |
| 2002-12-31 | $-1.54 Million | -8.57% |
| 2001-12-31 | $-1.42 Million | -10.62% |
| 2000-12-31 | $-1.28 Million | -0.39% |
| 1999-12-31 | $-1.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Metal & Technology 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 grown by 833606000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.93 Million | 29.56% |
| Common Stock | $1.20K | 0.01% |
| Other Comprehensive Income | $1.96 Million | 11.75% |
| Other Components | $9.79 Million | 58.68% |
| Total Equity | $16.68 Million | 100.00% |
American Metal & Technology Inc Competitors by Market Cap
The table below lists competitors of American Metal & Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Speed Commerce Inc
PINK:SPDC
|
$0.95 |
|
Islet Holdings Inc
PINK:ISHI
|
$0.95 |
|
GD Entertainment & Technology Inc
PINK:GDET
|
$0.95 |
|
Medical Cannabis Pay
PINK:REFG
|
$0.95 |
|
Eagle Ford Oil & Gas Corp
PINK:ECCE
|
$0.95 |
|
Absolute Health and Fitness Inc
PINK:AHFI
|
$0.95 |
|
Zahav Inc
OTCGREY:ZAHA
|
$0.94 |
|
Miracle Entertainment Inc
PINK:MEMI
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Metal & Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 16,894,438 to 16,679,885, a change of -214,553 (-1.3%).
- Net loss of 881,000 reduced equity.
- Share repurchases of 160,000 reduced equity.
- Other comprehensive income decreased equity by 1,297,929.
- Other factors increased equity by 2,124,376.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-881.00K | -5.28% |
| Share Repurchases | $160.00K | -0.96% |
| Other Comprehensive Income | $-1.30 Million | -7.78% |
| Other Changes | $2.12 Million | +12.74% |
| Total Change | $- | -1.27% |
Book Value vs Market Value Analysis
This analysis compares American Metal & Technology 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
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $-3.15 | $0.00 | x |
| 2000-12-31 | $-3.04 | $0.00 | x |
| 2001-12-31 | $-3.28 | $0.00 | x |
| 2002-12-31 | $-3.11 | $0.00 | x |
| 2003-12-31 | $-3.30 | $0.00 | x |
| 2004-12-31 | $-3.76 | $0.00 | x |
| 2005-12-31 | $-4.06 | $0.00 | x |
| 2006-12-31 | $-0.17 | $0.00 | x |
| 2007-12-31 | $1.30 | $0.00 | x |
| 2008-12-31 | $1.61 | $0.00 | x |
| 2009-12-31 | $1.55 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Metal & Technology 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): -5.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.68%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.10x
- Recent ROE (-5.28%) is below the historical average (3.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -16059400.00% | 0.00x | 0.00x | $-32.61K |
| 2000 | 0.00% | -252650.00% | 0.00x | 0.00x | $123.43K |
| 2001 | 0.00% | -38400000.00% | 0.00x | 0.00x | $-241.87K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-93.70K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-40.12K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.43K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-42.24K |
| 2006 | 0.00% | 19.72% | 2143.51x | 0.00x | $1.68 Million |
| 2007 | 18.49% | 20.32% | 0.81x | 1.13x | $994.26K |
| 2008 | 23.00% | 20.95% | 0.94x | 1.17x | $2.20 Million |
| 2009 | -5.28% | -18.68% | 0.26x | 1.10x | $-2.55 Million |
Industry Comparison
This section compares American Metal & Technology Inc's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,050,370,658
- Average return on equity (ROE) among peers: -0.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Metal & Technology Inc (AMGY) | $17.70 Million | 0.00% | 0.13x | $0.95 |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Carpenter Technology Corporation (CRS) | $239.10 Million | 15.18% | 2.05x | $18.51 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |