Astika Holdings
Astika Holdings, Inc. does not have significant operations. The company focuses on various strategic acquisitions in the textile, service, agriculture, and industrial sectors in Asia and New Zealand. Previously, it operated in the music industry. The company was founded in 2011 and is based in Auckland, New Zealand. Astika Holdings, Inc. is a subsidiary of IQ Acquisition (NY) Ltd.
Astika Holdings (ASKH) - Net Assets
Latest net assets as of September 2019: $-209.28K USD
Based on the latest financial reports, Astika Holdings (ASKH) has net assets worth $-209.28K USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($209.28K). 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 | $-209.28K |
| % of Total Assets | 0% |
| Annual Growth Rate | 93.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11103.9 |
Astika Holdings - Net Assets Trend (2012–2023)
This chart illustrates how Astika Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Astika Holdings (2012–2023)
The table below shows the annual net assets of Astika Holdings from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $92.25 Million | +111750.16% |
| 2018-12-31 | $-82.62K | +32.57% |
| 2017-12-31 | $-122.53K | +13.16% |
| 2016-12-31 | $-141.10K | -241.59% |
| 2015-12-31 | $-41.31K | 0.00% |
| 2014-12-31 | $-41.31K | -22307.53% |
| 2013-12-31 | $186.00 | -99.72% |
| 2012-12-31 | $66.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astika Holdings'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 22758400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $79.89K | 0.09% |
| Other Comprehensive Income | $-976.72K | -1.06% |
| Other Components | $93.37 Million | 101.22% |
| Total Equity | $92.25 Million | 100.00% |
Astika Holdings Competitors by Market Cap
The table below lists competitors of Astika Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PLANTING HOPE COMPANY
F:J94
|
$15.21K |
|
Konared Corporation
PINK:KRED
|
$15.23K |
|
Jubilee Platinum
LSE:JLP
|
$15.24K |
|
Horus AG
STU:HRU
|
$15.26K |
|
Camellia Plc
LSE:CAM
|
$15.19K |
|
CBEE3F
SA:CBEE3F
|
$15.19K |
|
Premium Textile Mills Ltd
KAR:PRET
|
$15.19K |
|
Phaos Technology Holdings (Cayman) Limited
NYSE MKT:POAS
|
$15.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astika Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -290,159 to 92,245,365, a change of 92,535,524.
- Net income of 649,616 contributed positively to equity growth.
- Other comprehensive income decreased equity by 946,828.
- Other factors increased equity by 92,832,736.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $649.62K | +0.7% |
| Other Comprehensive Income | $-946.83K | -1.03% |
| Other Changes | $92.83 Million | +100.64% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Astika Holdings'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.
- The price-to-book ratio has decreased from 0.40x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.01 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $-0.01 | $0.00 | x |
| 2023-12-31 | $1.87 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astika Holdings 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): 0.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.72%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.17x
- Recent ROE (0.70%) is above the historical average (-2749.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -46.04% | -468.71% | 0.10x | 1.00x | $-4.76K |
| 2012 | -80.56% | -1068.84% | 0.06x | 1.28x | $-60.16K |
| 2013 | -35617.20% | -4962.40% | 0.18x | 39.31x | $-66.27K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-37.36K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-37.36K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-100.37K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.07K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.05K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-126.30K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $25.12K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $24.53K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $24.93K |
| 2023 | 0.70% | 3.72% | 0.16x | 1.17x | $-8.57 Million |
Industry Comparison
This section compares Astika Holdings'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 |
|---|---|---|---|---|
| Astika Holdings (ASKH) | $-209.28K | -46.04% | N/A | $15.21K |
| 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 |