China Education Resources Inc
China Education Resources Inc., an ed-tech company, provides education resources and services for teachers, students, parents, education professionals, and school administrators in the People's Republic of China and China. The company provides systems and contents for online/offline learning, training courses, and social media. It operates an education services portal, cersp.com that provides edu… Read more
China Education Resources Inc (CHNUF) - Net Assets
Latest net assets as of September 2021: $253.45K USD
Based on the latest financial reports, China Education Resources Inc (CHNUF) has net assets worth $253.45K USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.88 Million) and total liabilities ($8.63 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 | $253.45K |
| % of Total Assets | 2.85% |
| Annual Growth Rate | -9.74% |
| 5-Year Change | N/A |
| 10-Year Change | -64.74% |
| Growth Volatility | 103.85 |
China Education Resources Inc - Net Assets Trend (2001–2020)
This chart illustrates how China Education Resources 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 Education Resources Inc (2001–2020)
The table below shows the annual net assets of China Education Resources Inc from 2001 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $284.60K | +217.00% |
| 2019-12-31 | $-243.26K | -192.99% |
| 2018-12-31 | $261.60K | -41.88% |
| 2017-12-31 | $450.07K | +142.25% |
| 2016-12-31 | $-1.07 Million | +50.12% |
| 2015-12-31 | $-2.14 Million | +35.36% |
| 2014-12-31 | $-3.30 Million | -15.82% |
| 2013-12-31 | $-2.85 Million | -347.62% |
| 2012-12-31 | $-637.31K | -178.96% |
| 2011-12-31 | $807.09K | +33.17% |
| 2010-12-31 | $606.08K | +487.95% |
| 2009-12-31 | $-156.23K | -113.74% |
| 2008-12-31 | $1.14 Million | -51.52% |
| 2007-12-31 | $2.35 Million | -60.79% |
| 2006-12-31 | $5.98 Million | -9.16% |
| 2005-12-31 | $6.58 Million | +31.79% |
| 2004-12-31 | $5.00 Million | +12.05% |
| 2003-12-31 | $4.46 Million | +219.24% |
| 2002-12-31 | $1.40 Million | -30.00% |
| 2001-12-31 | $2.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Education Resources 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 1796910920.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.46 Million | % |
| Other Comprehensive Income | $872.77K | % |
| Other Components | $2.73 Million | % |
| Total Equity | $-713.47K | 100.00% |
China Education Resources Inc Competitors by Market Cap
The table below lists competitors of China Education Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QUALITY BEVERAGES LTD
SEM:QBL
|
$4.09K |
|
Educational Book JSC
VN:EBS
|
$4.10K |
|
CHEMICAL INDUSTRIES
BE:V1M
|
$4.10K |
|
PURSUIT DYNAMICS
BE:RNE1
|
$4.10K |
|
North PetroVietnam Fertilizer & Chemicals JSC
VN:PMB
|
$4.09K |
|
Opsy Holding AB
F:K6Q
|
$4.08K |
|
Duo World Inc
PINK:DUUO
|
$4.08K |
|
James Cropper PLC
LSE:CRPR
|
$4.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Education Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -1,057,421 to -713,474, a change of 343,947.
- Net income of 243,234 contributed positively to equity growth.
- Other comprehensive income increased equity by 83,918.
- Other factors increased equity by 16,795.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $243.23K | +34.09% |
| Other Comprehensive Income | $83.92K | +11.76% |
| Other Changes | $16.80K | +2.35% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China Education Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.08 | $0.00 | x |
| 2002-12-31 | $0.05 | $0.00 | x |
| 2003-12-31 | $0.14 | $0.00 | x |
| 2004-12-31 | $0.14 | $0.00 | x |
| 2005-12-31 | $0.18 | $0.00 | x |
| 2006-12-31 | $0.16 | $0.00 | x |
| 2007-12-31 | $0.06 | $0.00 | x |
| 2008-12-31 | $0.03 | $0.00 | x |
| 2009-12-31 | $-0.01 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.01 | $0.00 | x |
| 2012-12-31 | $-0.02 | $0.00 | x |
| 2013-12-31 | $-0.07 | $0.00 | x |
| 2014-12-31 | $-0.09 | $0.00 | x |
| 2015-12-31 | $-0.06 | $0.00 | x |
| 2016-12-31 | $-0.04 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Education Resources 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.28%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-91.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -715.92% | -8437.06% | 0.06x | 1.32x | $-12.95 Million |
| 2002 | -69.70% | -57.74% | 0.42x | 2.90x | $-891.35K |
| 2003 | -2.49% | -2.06% | 0.82x | 1.48x | $-484.13K |
| 2004 | -13.09% | -8.59% | 0.75x | 2.04x | $-989.03K |
| 2005 | -12.25% | -11.81% | 0.51x | 2.05x | $-1.29 Million |
| 2006 | -43.89% | -178.91% | 0.15x | 1.69x | $-3.15 Million |
| 2007 | -49.02% | -79.64% | 0.20x | 3.02x | $-1.38 Million |
| 2008 | -310.84% | -741.49% | 0.08x | 5.26x | $-3.65 Million |
| 2009 | 0.00% | -74.57% | 0.56x | 0.00x | $-2.02 Million |
| 2010 | -592.25% | -11.33% | 0.76x | 68.37x | $-626.23K |
| 2011 | -12.42% | -0.52% | 0.82x | 29.08x | $-61.41K |
| 2012 | 0.00% | -17.52% | 1.02x | 0.00x | $-1.20 Million |
| 2013 | 0.00% | -26.95% | 1.50x | 0.00x | $-2.37 Million |
| 2014 | 0.00% | -7.40% | 1.44x | 0.00x | $-386.40K |
| 2015 | 0.00% | -3.11% | 1.49x | 0.00x | $-97.41K |
| 2016 | 0.00% | 6.91% | 1.68x | 0.00x | $1.10 Million |
| 2017 | 0.00% | 11.08% | 1.35x | 0.00x | $1.39 Million |
| 2018 | 0.00% | -1.28% | 1.45x | 0.00x | $-99.65K |
| 2019 | 0.00% | -5.05% | 1.35x | 0.00x | $-379.34K |
| 2020 | 0.00% | 3.28% | 1.03x | 0.00x | $314.58K |
Industry Comparison
This section compares China Education Resources Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,170,753,112
- Average return on equity (ROE) among peers: -2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Education Resources Inc (CHNUF) | $253.45K | -715.92% | 34.04x | $4.09K |
| ATA Creativity Global (AACG) | $54.65 Million | -30.72% | 0.98x | $25.37 Million |
| Afya Ltd (AFYA) | $4.31 Billion | 14.65% | 1.05x | $112.57 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $1.18 Billion | -7.16% | 1.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $2.77 Billion | 0.12% | 0.71x | $6.74 Million |
| American Public Education Inc (APEI) | $171.15 Million | 24.73% | 0.39x | $656.25 Million |
| Argentum 47 Inc (ARGQ) | $2.21 Million | 80.14% | 0.01x | $45.77K |
| Asiarim Corporation (ARMC) | $-171.71K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $7.45K | -133.43% | 0.56x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $136.30 Million | 22.52% | 0.64x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.08 Billion | 7.82% | 1.53x | $57.66 Million |