Ecomax Inc
Ecomax, Inc. distributes personal healthcare products and nutrition supplements in the United States. The company was formerly known as Ecomat, Inc. and changed its name to Ecomax, Inc. in May 2021. The company was founded in 1992 and is based in New York, New York. Ecomax, Inc. is a subsidiary of Clark Orient (BVI) Limited.
Ecomax Inc (EMAX) - Net Assets
Latest net assets as of March 2024: $-339.40K USD
Based on the latest financial reports, Ecomax Inc (EMAX) has net assets worth $-339.40K USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.12K) and total liabilities ($413.52K). 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 | $-339.40K |
| % of Total Assets | -457.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.8 |
Ecomax Inc - Net Assets Trend (1997–2023)
This chart illustrates how Ecomax 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 Ecomax Inc (1997–2023)
The table below shows the annual net assets of Ecomax Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-297.61K | -43.30% |
| 2022-06-30 | $-207.69K | -123.12% |
| 2021-06-30 | $-93.08K | +56.70% |
| 2020-06-30 | $-214.96K | -5.74% |
| 2019-06-30 | $-203.30K | -60.80% |
| 2018-06-30 | $-126.43K | -1180.80% |
| 2017-06-30 | $-9.87K | -104.94% |
| 1998-06-30 | $200.00K | -93.33% |
| 1997-06-30 | $3.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ecomax 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 291562800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $238.00 | % |
| Other Components | $286.52K | % |
| Total Equity | $-297.61K | 100.00% |
Ecomax Inc Competitors by Market Cap
The table below lists competitors of Ecomax Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CNCOF
OTCGREY:CNCOF
|
$714.60 |
|
Firering Strategic Minerals Plc
LSE:FRG
|
$714.93 |
|
Reeflex Solutions Inc.
V:RFX
|
$715.11 |
|
Filinvest Development Coproration
PSE:FDC
|
$717.41 |
|
Merchants Trust PLC
LSE:MRCH
|
$713.07 |
|
THE KINGSBURY PLC
CM:SERVN0000
|
$712.58 |
|
IPE GRP
BE:I3P
|
$711.73 |
|
Remco for Touristic Villages Construction
EGX:RTVC
|
$711.37 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecomax Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -207,690 to -297,610, a change of -89,920.
- Net loss of 89,920 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-89.92K | -30.21% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Ecomax 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 |
|---|---|---|---|
| 1997-06-30 | $7.00 | $0.18 | x |
| 1998-06-30 | $0.56 | $0.18 | x |
| 2016-06-30 | $0.00 | $0.18 | x |
| 2017-06-30 | $-0.01 | $0.18 | x |
| 2018-06-30 | $-0.08 | $0.18 | x |
| 2019-06-30 | $-0.12 | $0.18 | x |
| 2020-06-30 | $-0.10 | $0.18 | x |
| 2021-06-30 | $-0.04 | $0.18 | x |
| 2022-06-30 | $-0.09 | $0.18 | x |
| 2023-06-30 | $-0.12 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecomax 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: -21.19%
- • Asset Turnover: 2.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-139.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -43.33% | -325.00% | 0.08x | 1.73x | $-1.60 Million |
| 1998 | -1350.00% | -540.00% | 0.19x | 13.00x | $-2.72 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-428.10 |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.83K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.53K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.54K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.75K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-102.89K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-93.84K |
| 2023 | 0.00% | -21.19% | 2.52x | 0.00x | $-60.16K |
Industry Comparison
This section compares Ecomax 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 |
|---|---|---|---|---|
| Ecomax Inc (EMAX) | $-339.40K | -43.33% | N/A | $714.00 |
| 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 |