Carnegie Development Inc
Carnegie Development, Inc. is involved in land acquisitions for real estate development. The company was formerly known as Escue Energy, Inc. and changed its name to Carnegie Development, Inc. in July 2019. Carnegie Development, Inc. is based in Reno, Nevada. Carnegie Development, Inc. operates as a subsidiary of Broadview Holdings, Llc.
Carnegie Development Inc (CDJM) - Net Assets
Latest net assets as of September 2022: $627.60K USD
Based on the latest financial reports, Carnegie Development Inc (CDJM) has net assets worth $627.60K USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.36 Million) and total liabilities ($732.90K). 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 | $627.60K |
| % of Total Assets | 46.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Carnegie Development Inc - Net Assets Trend (1997–2021)
This chart illustrates how Carnegie Development 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 Carnegie Development Inc (1997–2021)
The table below shows the annual net assets of Carnegie Development Inc from 1997 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $590.25K | +249.04% |
| 2020-12-31 | $-396.04K | -- |
| 2019-12-31 | $0.00 | -- |
| 2018-12-31 | $-120.00K | -100.00% |
| 2017-12-31 | $-60.00K | +99.24% |
| 2009-12-31 | $-7.85 Million | 0.00% |
| 2008-12-31 | $-7.85 Million | -70.89% |
| 2007-12-31 | $-4.59 Million | -7.44% |
| 2006-12-31 | $-4.28 Million | -260.41% |
| 2005-12-31 | $-1.19 Million | -6.53% |
| 2004-12-31 | $-1.11 Million | +51.65% |
| 2003-12-31 | $-2.30 Million | +48.64% |
| 2002-12-31 | $-4.48 Million | -214.29% |
| 1998-12-31 | $3.92 Million | +238.43% |
| 1997-12-31 | $-2.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carnegie Development 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 825487500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.53 Million | 767.93% |
| Other Comprehensive Income | $-4.53 Million | -767.93% |
| Other Components | $4.54 Million | 768.61% |
| Total Equity | $590.25K | 100.00% |
Carnegie Development Inc Competitors by Market Cap
The table below lists competitors of Carnegie Development Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acrow Limited
F:59Y
|
$5.10K |
|
SHANDONG WEIGAO -H-
MU:UK2
|
$5.10K |
|
Nam A Commercial Joint Stock Bank Ordinary Shares
VN:NAB
|
$5.11K |
|
SITO Mobile Ltd.
PINK:STTO
|
$5.12K |
|
CN EASTERN AIR -H-
BE:CIAH
|
$5.09K |
|
HaAINC Korea Co. Ltd.
KO:373200
|
$5.09K |
|
Robix Environmental Technologies Inc
PINK:ROBXF
|
$5.09K |
|
ABSA BANK OF BOTSWANA LIMITED
XBOT:ABBL-EQO
|
$5.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carnegie Development Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -396,035 to 590,253, a change of 986,288.
- Net loss of 14,650 reduced equity.
- Other comprehensive income decreased equity by 4,532,757.
- Other factors increased equity by 5,533,695.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.65K | -2.48% |
| Other Comprehensive Income | $-4.53 Million | -767.93% |
| Other Changes | $5.53 Million | +937.51% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Carnegie Development 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: 5.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $-38302.22 | $0.06 | x |
| 1998-12-31 | $53020.04 | $0.06 | x |
| 2002-12-31 | $-60598.38 | $0.06 | x |
| 2003-12-31 | $-31121.50 | $0.06 | x |
| 2004-12-31 | $-15047.36 | $0.06 | x |
| 2005-12-31 | $-16029.51 | $0.06 | x |
| 2006-12-31 | $-57772.07 | $0.06 | x |
| 2007-12-31 | $-62069.65 | $0.06 | x |
| 2008-12-31 | $-3864.68 | $0.06 | x |
| 2009-12-31 | $-7168.18 | $0.06 | x |
| 2017-12-31 | $0.00 | $0.06 | x |
| 2018-12-31 | $0.00 | $0.06 | x |
| 2019-12-31 | $-0.01 | $0.06 | x |
| 2020-12-31 | $-0.01 | $0.06 | x |
| 2021-12-31 | $0.01 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carnegie Development 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): -2.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65.40%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.08x
- Recent ROE (-2.48%) is above the historical average (-10.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -5900.00% | 0.03x | 0.00x | $-5.62 Million |
| 1998 | -149.92% | 0.00% | 0.00x | 1.29x | $-6.27 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-727.57K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $1.06 Million |
| 2004 | 0.00% | -488.47% | 2.46x | 0.00x | $-4.55 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.25 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.04 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.22 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.96 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.96 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-54.00K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.00K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-267.25K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.18K |
| 2021 | -2.48% | -65.40% | 0.02x | 2.08x | $-73.68K |
Industry Comparison
This section compares Carnegie Development Inc's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carnegie Development Inc (CDJM) | $627.60K | 0.00% | 1.17x | $5.10K |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |