Eastern Asteria Inc
Eastern Asteria, Inc. does not have any significant operation. Previously, it was engaged in the wholesale and retail of gemstones, jewelry, minerals, and accessories. The company was formerly known as Winmax Trading Group, Inc. and changed its name to Eastern Asteria, Inc. in April 2010. Eastern Asteria, Inc. was incorporated in 1996 and is headquartered in Rego Park, New York.
Eastern Asteria Inc (EATR) - Net Assets
Latest net assets as of December 2012: $9.33 Million USD
Based on the latest financial reports, Eastern Asteria Inc (EATR) has net assets worth $9.33 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 ($12.49 Million) and total liabilities ($3.17 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 | $9.33 Million |
| % of Total Assets | 74.66% |
| Annual Growth Rate | 41.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 73.92 |
Eastern Asteria Inc - Net Assets Trend (1999–2012)
This chart illustrates how Eastern Asteria 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 Eastern Asteria Inc (1999–2012)
The table below shows the annual net assets of Eastern Asteria Inc from 1999 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $9.33 Million | -35.93% |
| 2011-12-31 | $14.56 Million | -30.56% |
| 2010-12-31 | $20.96 Million | +30.30% |
| 2009-12-31 | $16.09 Million | +655.60% |
| 2005-12-31 | $-2.90 Million | -153.59% |
| 2004-12-31 | $-1.14 Million | -108.32% |
| 2003-12-31 | $-548.08K | -26.13% |
| 2002-12-31 | $-434.53K | -186.35% |
| 2001-12-31 | $503.20K | +14290.58% |
| 2000-12-31 | $-3.55K | -103.49% |
| 1999-12-31 | $101.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastern Asteria 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 2355466400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Million | 16.10% |
| Other Comprehensive Income | $-350.38K | -3.76% |
| Other Components | $32.09 Million | 344.12% |
| Total Equity | $9.33 Million | 100.00% |
Eastern Asteria Inc Competitors by Market Cap
The table below lists competitors of Eastern Asteria Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VBI Vaccines Inc.
NASDAQ:VBIVQ
|
$4.75 |
|
TERTIARY MINERALS - Frankfurt Stock Exchang
F:TMU
|
$4.75 |
|
KEDCO
STU:KEU
|
$4.76 |
|
Grillit Inc.
PINK:GRLT
|
$4.77 |
|
Aryx Therapeutics I
PINK:ARYX
|
$4.75 |
|
WIJAYA KARYA (5AA.SG)
STU:5AA
|
$4.75 |
|
Air Berlin PLC
HM:AB1
|
$4.75 |
|
GOLDEN CROSS RES
MU:GCL
|
$4.74 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Asteria Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 13,606,250 to 9,325,873, a change of -4,280,377 (-31.5%).
- Net loss of 350,377 reduced equity.
- Share repurchases of 120,000 reduced equity.
- Other comprehensive income decreased equity by 350,377.
- Other factors decreased equity by 3,459,623.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-350.38K | -3.76% |
| Share Repurchases | $120.00K | -1.29% |
| Other Comprehensive Income | $-350.38K | -3.76% |
| Other Changes | $-3.46 Million | -37.1% |
| Total Change | $- | -31.46% |
Book Value vs Market Value Analysis
This analysis compares Eastern Asteria 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: 0.25x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $6.06 | $0.00 | x |
| 2000-12-31 | $-0.19 | $0.00 | x |
| 2001-12-31 | $45.91 | $0.00 | x |
| 2002-12-31 | $-2.03 | $0.00 | x |
| 2003-12-31 | $-0.90 | $0.00 | x |
| 2004-12-31 | $-1.26 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Asteria 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): -3.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.14%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.34x
- Recent ROE (-3.76%) is above the historical average (-79.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -163.00% | -99.53% | 1.55x | 1.06x | $-175.98K |
| 2000 | 0.00% | -863.73% | 20.34x | 0.00x | $-429.91K |
| 2001 | -738.58% | -1344.44% | 0.45x | 1.21x | $-3.77 Million |
| 2002 | 0.00% | -3109.26% | 2.15x | 0.00x | $-6.95 Million |
| 2003 | 0.00% | -153.77% | 2.93x | 0.00x | $-840.71K |
| 2004 | 0.00% | -1014.11% | 1.02x | 0.00x | $-3.49 Million |
| 2005 | 0.00% | -2853.66% | 1.62x | 0.00x | $-6.65 Million |
| 2009 | 25.40% | 54.32% | 0.37x | 1.26x | $2.32 Million |
| 2010 | 34.14% | 30.38% | 0.93x | 1.21x | $4.83 Million |
| 2011 | -25.97% | -137.67% | 0.14x | 1.30x | $-4.89 Million |
| 2012 | -3.76% | -20.14% | 0.14x | 1.34x | $-1.28 Million |
Industry Comparison
This section compares Eastern Asteria 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 |
|---|---|---|---|---|
| Eastern Asteria Inc (EATR) | $9.33 Million | -163.00% | 0.34x | $4.75 |
| 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 |