Signet International Holdings Inc
Golden Ally Lifetech Group, Inc. engages in the development and exploration of water filtration technology and consumer products with Aquaporin bottled water project. The company was formerly known as Signet International Holdings, Inc. and changed its name to Golden Ally Lifetech Group, Inc. in July 2022. Golden Ally Lifetech Group, Inc. was incorporated in 2020 and is headquartered in Austin, T… Read more
Signet International Holdings Inc (AQPW) - Net Assets
Latest net assets as of March 2023: $908.91K USD
Based on the latest financial reports, Signet International Holdings Inc (AQPW) has net assets worth $908.91K USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.30 Million) and total liabilities ($387.29K). 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 | $908.91K |
| % of Total Assets | 70.12% |
| Annual Growth Rate | 15.93% |
| 5-Year Change | -38.1% |
| 10-Year Change | -55.43% |
| Growth Volatility | 76.58 |
Signet International Holdings Inc - Net Assets Trend (2005–2022)
This chart illustrates how Signet International Holdings 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 Signet International Holdings Inc (2005–2022)
The table below shows the annual net assets of Signet International Holdings Inc from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.59 Million | +8675.78% |
| 2021-12-31 | $-18.56K | -117.81% |
| 2020-12-31 | $104.22K | +131.35% |
| 2019-12-31 | $-332.47K | -112.93% |
| 2014-12-31 | $2.57 Million | -7.39% |
| 2013-12-31 | $2.78 Million | -10.62% |
| 2012-12-31 | $3.11 Million | -3.14% |
| 2011-12-31 | $3.21 Million | -6.21% |
| 2010-12-31 | $3.42 Million | -4.25% |
| 2009-12-31 | $3.57 Million | +7.71% |
| 2008-12-31 | $3.32 Million | -4.38% |
| 2007-12-31 | $3.47 Million | +2056.68% |
| 2006-12-31 | $-177.20K | -237.35% |
| 2005-12-31 | $129.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Signet International Holdings 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 572647400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $74.04K | 4.65% |
| Other Components | $7.65 Million | 480.47% |
| Total Equity | $1.59 Million | 100.00% |
Signet International Holdings Inc Competitors by Market Cap
The table below lists competitors of Signet International Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Core Assets Corp
OTCQB:CCOOF
|
$741.32K |
|
APPLIED OPTOELECTR
F:A59
|
$741.90K |
|
Reedy Lagoon Corporation Ltd
AU:RLC
|
$742.19K |
|
Langgeng Makmur Industri Tbk
JK:LMPI
|
$742.41K |
|
Osteopore Ltd
AU:OSX
|
$740.73K |
|
Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA
|
$740.45K |
|
Yubo International Biotech Limited
PINK:YBGJ
|
$740.35K |
|
2U, Inc.
PINK:TWOUQ
|
$739.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Signet International Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -18,558 to 1,591,493, a change of 1,610,051.
- Net loss of 6,071,587 reduced equity.
- Other comprehensive income increased equity by 5,042,060.
- Other factors increased equity by 2,639,578.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.07 Million | -381.5% |
| Other Comprehensive Income | $5.04 Million | +316.81% |
| Other Changes | $2.64 Million | +165.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Signet International Holdings 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: 14.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 7.41x to 14.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.04 | $0.27 | x |
| 2006-12-31 | $-0.04 | $0.27 | x |
| 2007-12-31 | $0.79 | $0.27 | x |
| 2008-12-31 | $0.73 | $0.27 | x |
| 2009-12-31 | $0.75 | $0.27 | x |
| 2010-12-31 | $0.65 | $0.27 | x |
| 2011-12-31 | $0.50 | $0.27 | x |
| 2012-12-31 | $0.38 | $0.27 | x |
| 2013-12-31 | $0.31 | $0.27 | x |
| 2014-12-31 | $0.25 | $0.27 | x |
| 2019-12-31 | $-0.02 | $0.27 | x |
| 2020-12-31 | $0.01 | $0.27 | x |
| 2021-12-31 | $0.00 | $0.27 | x |
| 2022-12-31 | $0.02 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Signet International Holdings 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): -381.50%
- 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: 1.08x
- Recent ROE (-381.50%) is below the historical average (-70.79%), 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 | -179.65% | 0.00% | 0.00x | 3.11x | $-244.67K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-503.53K |
| 2007 | -8.86% | 0.00% | 0.00x | 1.17x | $-653.78K |
| 2008 | -9.37% | 0.00% | 0.00x | 1.25x | $-642.17K |
| 2009 | -8.30% | 0.00% | 0.00x | 1.30x | $-653.42K |
| 2010 | -11.13% | 0.00% | 0.00x | 1.35x | $-722.46K |
| 2011 | -9.82% | 0.00% | 0.00x | 1.45x | $-635.58K |
| 2012 | -13.88% | 0.00% | 0.00x | 1.53x | $-741.66K |
| 2013 | -14.04% | 0.00% | 0.00x | 1.68x | $-667.55K |
| 2014 | -14.07% | 0.00% | 0.00x | 1.83x | $-618.91K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-81.50K |
| 2020 | -340.41% | 0.00% | 0.00x | 1.43x | $-365.20K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-173.06K |
| 2022 | -381.50% | 0.00% | 0.00x | 1.08x | $-6.23 Million |
Industry Comparison
This section compares Signet International Holdings Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $102,158,530,074
- Average return on equity (ROE) among peers: -124.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Signet International Holdings Inc (AQPW) | $908.91K | -179.65% | 0.43x | $740.86K |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |