CardXX Inc
Cardxx Inc. manufactures and sells smart cards, key fobs, and other portable devices using Reaction Assisted Molded Process (RAMP). RAMP is used to securely integrate a mini computer, microcircuit, integrated circuit, radio frequency antennae, or a radio frequency identification element into a small form factor smart card or smart tag. The company also produces multi-media cards, secure digital c… Read more
CardXX Inc (CXCQ) - Net Assets
Latest net assets as of March 2019: $28.56K USD
Based on the latest financial reports, CardXX Inc (CXCQ) has net assets worth $28.56K USD as of March 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.51K) and total liabilities ($2.96K). 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 | $28.56K |
| % of Total Assets | 90.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
CardXX Inc - Net Assets Trend (1999–1999)
This chart illustrates how CardXX 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 CardXX Inc (1999–1999)
The table below shows the annual net assets of CardXX Inc from 1999 to 1999.
| Year | Net Assets | Change |
|---|---|---|
| 1999-06-30 | $1.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CardXX 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 340846100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.55K | % |
| Other Components | $3.30 Million | % |
| Total Equity | $-1.80 Million | 100.00% |
CardXX Inc Competitors by Market Cap
The table below lists competitors of CardXX Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUPERIOR RES
BE:3SC
|
$32.95 |
|
Medilines Distributors Inc
PSE:MEDIC
|
$32.99 |
|
Taylor Consulting Inc
PINK:TAYO
|
$33.05 |
|
SOCResources Inc
PSE:SOC
|
$33.08 |
|
BWCCF
PINK:BWCCF
|
$32.79 |
|
Spiritus Mundi PLC
LSE:SPMU
|
$32.69 |
|
INTRAVENOUS INFUSIONS LIMITED
GSE:IIL
|
$32.59 |
|
Canna 8 Investment Trust
V:RCR-P
|
$32.51 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CardXX Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2000 to 2020, total equity changed from -1,801,597 to -1,801,597, a change of 0.
- Other factors decreased equity by 0.
Equity Change Factors (2000 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares CardXX 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 |
|---|---|---|---|
| 1999-06-30 | $0.17 | $0.00 | x |
| 2000-06-30 | $-0.29 | $0.00 | x |
| 2020-06-30 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CardXX 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: -7974.31%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-55.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -110.96% | -1902.98% | 0.02x | 2.50x | $-1.24 Million |
| 2000 | 0.00% | -7974.31% | 0.00x | 0.00x | $-3.23 Million |
Industry Comparison
This section compares CardXX Inc'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 |
|---|---|---|---|---|
| CardXX Inc (CXCQ) | $28.56K | -110.96% | 0.10x | $32.89 |
| 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 |