China Energy Recovery Inc
China Energy Recovery, Inc. designs, manufactures, installs, and services waste heat recovery systems in China. The company's energy recovery systems capture industrial waste energy to produce electrical power, which enables industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate saleable emissions credits. It serves petrochemical, paper manufacturing… Read more
China Energy Recovery Inc (CGYV) - Net Assets
Latest net assets as of December 2012: $7.92 Million USD
Based on the latest financial reports, China Energy Recovery Inc (CGYV) has net assets worth $7.92 Million USD as of December 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($84.10 Million) and total liabilities ($76.18 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 | $7.92 Million |
| % of Total Assets | 9.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | -10.04% |
| 10-Year Change | N/A |
| Growth Volatility | 45.44 |
China Energy Recovery Inc - Net Assets Trend (2004–2012)
This chart illustrates how China Energy Recovery 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 China Energy Recovery Inc (2004–2012)
The table below shows the annual net assets of China Energy Recovery Inc from 2004 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $7.92 Million | +5.77% |
| 2011-12-31 | $7.49 Million | +79.44% |
| 2010-12-31 | $4.17 Million | -40.84% |
| 2009-12-31 | $7.06 Million | -19.89% |
| 2008-12-31 | $8.81 Million | +4215.84% |
| 2007-12-31 | $-213.99K | -268.25% |
| 2005-12-31 | $-58.11K | -0.36% |
| 2004-12-31 | $-57.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Energy Recovery 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 192749700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.09K | 0.39% |
| Other Comprehensive Income | $1.60 Million | 20.23% |
| Other Components | $8.78 Million | 110.78% |
| Total Equity | $7.92 Million | 100.00% |
China Energy Recovery Inc Competitors by Market Cap
The table below lists competitors of China Energy Recovery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bowmo Inc
PINK:BOMO
|
$1.82 |
|
CHC Group LLC
PINK:CHHCF
|
$1.82 |
|
Holoco Inc
PINK:HLCN
|
$1.82 |
|
Advanced Powerline Technologies Inc
PINK:APWL
|
$1.82 |
|
Appliqate Inc
PINK:APQT
|
$1.82 |
|
Cbd of Denver Inc
PINK:CBDD
|
$1.82 |
|
Cptl Grp Hldngs
PINK:CGHC
|
$1.81 |
|
Homestead Gold and Silver Ltd
PINK:SNLM
|
$1.81 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Energy Recovery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 7,490,565 to 7,922,829, a change of 432,264 (5.8%).
- Net income of 97,293 contributed positively to equity growth.
- Share repurchases of 9,950 reduced equity.
- Other comprehensive income increased equity by 316,655.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $97.29K | +1.23% |
| Share Repurchases | $9.95K | -0.13% |
| Other Comprehensive Income | $316.65K | +4.0% |
| Other Changes | $28.27K | +0.36% |
| Total Change | $- | 5.77% |
Book Value vs Market Value Analysis
This analysis compares China Energy Recovery 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 |
|---|---|---|---|
| 2004-12-31 | $-2.67 | $0.00 | x |
| 2005-12-31 | $-0.09 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $-0.01 | $0.00 | x |
| 2008-12-31 | $0.33 | $0.00 | x |
| 2009-12-31 | $0.24 | $0.00 | x |
| 2010-12-31 | $0.14 | $0.00 | x |
| 2011-12-31 | $0.24 | $0.00 | x |
| 2012-12-31 | $0.25 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Energy Recovery 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): 1.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.11%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 10.61x
- Recent ROE (1.23%) is above the historical average (-5.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.57K |
| 2005 | 0.00% | -0.59% | 7.62x | 0.00x | $5.60K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-82.85K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-355.60K |
| 2008 | 15.61% | 5.52% | 1.09x | 2.60x | $494.26K |
| 2009 | -12.56% | -3.99% | 0.65x | 4.86x | $-1.59 Million |
| 2010 | -84.30% | -16.69% | 0.39x | 13.01x | $-3.94 Million |
| 2011 | 26.65% | 3.41% | 0.61x | 12.70x | $1.25 Million |
| 2012 | 1.23% | 0.11% | 1.02x | 10.61x | $-694.99K |
Industry Comparison
This section compares China Energy Recovery Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $116,251,589
- Average return on equity (ROE) among peers: -23.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Energy Recovery Inc (CGYV) | $7.92 Million | 0.00% | 9.61x | $1.82 |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $2.39 Million | -212.16% | 0.35x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $1.08 Billion | -17.93% | 0.50x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $4.66 Million | -143.64% | 1.06x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $319.63K | -23.90% | 0.30x | $1.65K |
| Arq Inc (ARQ) | $76.17 Million | 126.79% | 0.41x | $61.67 Million |
| Active Energy Group PLC (ATGVF) | $-6.72 Million | 0.00% | 0.00x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $16.71 Million | 6.09% | 0.23x | $527.96K |
| Birchtech Corp. (BCHT) | $-13.20 Million | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $6.72 Million | 32.43% | 2.58x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-802.00K | 0.00% | 0.00x | $3.71 Million |