China Industrial Waste Management Inc
China Industrial Waste Management, Inc. provides environmental services and solutions in northeastern China. The company collects, stores, treats, disposes, and recycles industrial solid waste through incineration and/or landfill, physical and/or chemical treatment, material processing, packaging, analysis, and storage. It is also involved in the treatment of municipal sewage, as well as sludge r… Read more
China Industrial Waste Management Inc (CIWT) - Net Assets
Latest net assets as of June 2011: $43.37 Million USD
Based on the latest financial reports, China Industrial Waste Management Inc (CIWT) has net assets worth $43.37 Million USD as of June 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($81.43 Million) and total liabilities ($38.06 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 | $43.37 Million |
| % of Total Assets | 53.26% |
| Annual Growth Rate | 36.57% |
| 5-Year Change | 282.59% |
| 10-Year Change | 27866.09% |
| Growth Volatility | 16559.46 |
China Industrial Waste Management Inc - Net Assets Trend (1999–2010)
This chart illustrates how China Industrial Waste Management 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 Industrial Waste Management Inc (1999–2010)
The table below shows the annual net assets of China Industrial Waste Management Inc from 1999 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-12-31 | $41.58 Million | +20.42% |
| 2009-12-31 | $34.53 Million | +30.60% |
| 2008-12-31 | $26.44 Million | +63.47% |
| 2007-12-31 | $16.17 Million | +48.81% |
| 2006-12-31 | $10.87 Million | +43.76% |
| 2005-12-31 | $7.56 Million | +57597.79% |
| 2004-12-31 | $13.10K | -69.95% |
| 2003-12-31 | $43.60K | +33.21% |
| 2002-12-31 | $32.73K | -77.99% |
| 2001-12-31 | $148.69K | -69.80% |
| 2000-12-31 | $492.28K | -63.49% |
| 1999-12-31 | $1.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Industrial Waste Management 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 2609290400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2010)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.99 Million | 68.08% |
| Common Stock | $15.34K | 0.05% |
| Other Comprehensive Income | $3.35 Million | 10.37% |
| Other Components | $6.95 Million | 21.51% |
| Total Equity | $32.31 Million | 100.00% |
China Industrial Waste Management Inc Competitors by Market Cap
The table below lists competitors of China Industrial Waste Management Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emp Solutons Inc
PINK:EMPS
|
$0.90 |
|
Bassline Productions
PINK:BSSP
|
$0.90 |
|
Gourmet Provisions International Corp
PINK:GMPR
|
$0.90 |
|
Axiologix Inc
PINK:AXLX
|
$0.90 |
|
Mid-Atlantic Home Health Network Inc
PINK:MAHN
|
$0.90 |
|
Fuelstream Inc
PINK:FLST
|
$0.90 |
|
WMD Holdings Group Inc
PINK:WMDH
|
$0.90 |
|
Signature Devices
PINK:SDVI
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Industrial Waste Management Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from 26,111,213 to 32,308,132, a change of 6,196,919 (23.7%).
- Net income of 4,503,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,023,004.
- Other factors increased equity by 670,915.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.50 Million | +13.94% |
| Other Comprehensive Income | $1.02 Million | +3.17% |
| Other Changes | $670.91K | +2.08% |
| Total Change | $- | 23.73% |
Book Value vs Market Value Analysis
This analysis compares China Industrial Waste Management 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 |
|---|---|---|---|
| 1999-12-31 | $601.74 | $0.00 | x |
| 2000-12-31 | $250.91 | $0.00 | x |
| 2001-12-31 | $75.56 | $0.00 | x |
| 2002-12-31 | $16.85 | $0.00 | x |
| 2003-12-31 | $2.04 | $0.00 | x |
| 2004-12-31 | $0.07 | $0.00 | x |
| 2005-12-31 | $0.58 | $0.00 | x |
| 2006-12-31 | $0.74 | $0.00 | x |
| 2007-12-31 | $1.05 | $0.00 | x |
| 2008-12-31 | $1.72 | $0.00 | x |
| 2009-12-31 | $1.61 | $0.00 | x |
| 2010-12-31 | $2.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Industrial Waste Management 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): 13.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.68%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.55x
- Recent ROE (13.94%) is below the historical average (1100.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -74.01% | -74.53% | 0.85x | 1.17x | $-1.13 Million |
| 2000 | -173.93% | -134.04% | 0.81x | 1.60x | $-905.44K |
| 2001 | -231.35% | -61.66% | 1.44x | 2.60x | $-358.87K |
| 2002 | -363.55% | -26.82% | 2.05x | 6.62x | $-122.27K |
| 2003 | -29.56% | -2.81% | 6.55x | 1.60x | $-17.25K |
| 2004 | 13965.20% | 44.16% | 8.39x | 37.68x | $1.83 Million |
| 2005 | 20.13% | 31.26% | 0.62x | 1.04x | $765.93K |
| 2006 | 26.00% | 39.84% | 0.55x | 1.19x | $1.56 Million |
| 2007 | 26.51% | 38.67% | 0.46x | 1.48x | $2.30 Million |
| 2008 | 20.14% | 35.49% | 0.34x | 1.67x | $2.39 Million |
| 2009 | 7.51% | 18.56% | 0.16x | 2.58x | $-651.12K |
| 2010 | 13.94% | 20.68% | 0.26x | 2.55x | $1.27 Million |
Industry Comparison
This section compares China Industrial Waste Management Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Industrial Waste Management Inc (CIWT) | $43.37 Million | -74.01% | 0.88x | $0.90 |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |