Renewable Energy Trade Board Corp
New Energy Exchange Ltd., together with its subsidiaries, provides solar energy products and solutions in the People's Republic of China, Hong Kong, and Europe. The company's products include solar modules for electricity generation; and related application products, such as solar power stations, solar home systems, solar lighting, and solar chargers. It also designs and installs on-grid and off-… Read more
Renewable Energy Trade Board Corp (EBODF) - Net Assets
Latest net assets as of June 2012: $51.56 Million USD
Based on the latest financial reports, Renewable Energy Trade Board Corp (EBODF) has net assets worth $51.56 Million USD as of June 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($234.01 Million) and total liabilities ($182.45 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 | $51.56 Million |
| % of Total Assets | 22.03% |
| Annual Growth Rate | -8.55% |
| 5-Year Change | -26.75% |
| 10-Year Change | 24.16% |
| Growth Volatility | 69.34 |
Renewable Energy Trade Board Corp - Net Assets Trend (1996–2011)
This chart illustrates how Renewable Energy Trade Board Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Renewable Energy Trade Board Corp (1996–2011)
The table below shows the annual net assets of Renewable Energy Trade Board Corp from 1996 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $58.82 Million | -48.97% |
| 2010-12-31 | $115.27 Million | +17.99% |
| 2009-12-31 | $97.70 Million | +131.35% |
| 2008-12-31 | $42.23 Million | -47.41% |
| 2007-12-31 | $80.30 Million | +58.71% |
| 2006-12-31 | $50.60 Million | -51.47% |
| 2005-12-31 | $104.26 Million | +197.89% |
| 2004-12-31 | $35.00 Million | -24.23% |
| 2003-12-31 | $46.19 Million | -2.50% |
| 2002-12-31 | $47.38 Million | -27.74% |
| 2001-12-31 | $65.56 Million | -14.07% |
| 2000-12-31 | $76.30 Million | +8.64% |
| 1999-12-31 | $70.23 Million | -2.49% |
| 1998-12-31 | $72.03 Million | -36.03% |
| 1997-12-31 | $112.60 Million | -49.93% |
| 1996-12-31 | $224.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renewable Energy Trade Board Corp'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 1981.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.68 Million | 2.85% |
| Other Comprehensive Income | $-15.11 Million | -25.69% |
| Other Components | $556.30 Million | 945.77% |
| Total Equity | $58.82 Million | 100.00% |
Renewable Energy Trade Board Corp Competitors by Market Cap
The table below lists competitors of Renewable Energy Trade Board Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Digitcom Corp
OTCGREY:DGIV
|
$0.99 |
|
Dominion Resources Black Warrior Trust
PINK:DOMR
|
$0.99 |
|
Greenbelt Resources Corp
PINK:GRCO
|
$0.99 |
|
Mediag3 Inc.
PINK:MDGC
|
$0.99 |
|
Coin Citadel
PINK:CCTL
|
$0.99 |
|
Ggtoor Inc
PINK:GTOR
|
$0.99 |
|
WellTek Incorporated
PINK:WTKN
|
$0.99 |
|
LCTI Low Carbon Technologies International Inc
PINK:LWCTF
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renewable Energy Trade Board Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 115,274,000 to 58,820,000, a change of -56,454,000 (-49.0%).
- Net loss of 64,630,000 reduced equity.
- Other comprehensive income decreased equity by 2,145,000.
- Other factors increased equity by 10,321,000.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.63 Million | -109.88% |
| Other Comprehensive Income | $-2.15 Million | -3.65% |
| Other Changes | $10.32 Million | +17.55% |
| Total Change | $- | -48.97% |
Book Value vs Market Value Analysis
This analysis compares Renewable Energy Trade Board Corp'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 |
|---|---|---|---|
| 1996-12-31 | $260.90 | $0.00 | x |
| 1997-12-31 | $121.77 | $0.00 | x |
| 1998-12-31 | $79.17 | $0.00 | x |
| 1999-12-31 | $88.83 | $0.00 | x |
| 2000-12-31 | $104.36 | $0.00 | x |
| 2001-12-31 | $90.32 | $0.00 | x |
| 2002-12-31 | $67.43 | $0.00 | x |
| 2003-12-31 | $64.57 | $0.00 | x |
| 2004-12-31 | $50.77 | $0.00 | x |
| 2005-12-31 | $134.77 | $0.00 | x |
| 2006-12-31 | $44.73 | $0.00 | x |
| 2007-12-31 | $52.39 | $0.00 | x |
| 2008-12-31 | $26.13 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $55.56 | $0.00 | x |
| 2011-12-31 | $26.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renewable Energy Trade Board Corp 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): -109.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -99.36%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 4.59x
- Recent ROE (-109.88%) is below the historical average (-44.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.73% | 6.10% | 0.64x | 1.47x | $-9.29 Million |
| 1997 | -79.70% | -127.71% | 0.31x | 2.01x | $-98.78 Million |
| 1998 | -53.49% | -88.46% | 0.22x | 2.73x | $-45.20 Million |
| 1999 | 4.67% | 39599.99% | 0.00x | 1.06x | $-3.75 Million |
| 2000 | 2.01% | 9.16% | 0.15x | 1.45x | $-5.72 Million |
| 2001 | -14.62% | -125.17% | 0.08x | 1.49x | $-15.39 Million |
| 2002 | -33.19% | -186.40% | 0.15x | 1.19x | $-20.08 Million |
| 2003 | -2.04% | -8.04% | 0.23x | 1.12x | $-5.56 Million |
| 2004 | -30.79% | -151.75% | 0.17x | 1.20x | $-14.28 Million |
| 2005 | -19.79% | -260.22% | 0.06x | 1.19x | $-29.41 Million |
| 2006 | -221.47% | -1226.19% | 0.14x | 1.28x | $-117.12 Million |
| 2007 | -8.88% | -92.69% | 0.07x | 1.45x | $-15.16 Million |
| 2008 | -127.68% | -539180.00% | 0.00x | 1.48x | $-58.14 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 1.22x | $-9.77 Million |
| 2010 | -30.47% | -65.40% | 0.32x | 1.44x | $-46.65 Million |
| 2011 | -109.88% | -99.36% | 0.24x | 4.59x | $-70.51 Million |
Industry Comparison
This section compares Renewable Energy Trade Board Corp's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renewable Energy Trade Board Corp (EBODF) | $51.56 Million | 5.73% | 3.54x | $0.99 |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |