ETAO International Co., Ltd.
ETAO International Co., Ltd., a digital healthcare company, provides medical care services. It develops healthcare ecosystem that consist online telemedicine, artificial intelligence, big data evaluation, online insurance, pharmacy, biotech, offline hospitals, and specialty clinics services. The company was incorporated in 2020 and is based in New York, New York.
ETAO International Co., Ltd. (ETAOF) - Net Assets
Latest net assets as of June 2023: $1.53 Million USD
Based on the latest financial reports, ETAO International Co., Ltd. (ETAOF) has net assets worth $1.53 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.43 Million) and total liabilities ($2.90 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 | $1.53 Million |
| % of Total Assets | 34.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ETAO International Co., Ltd. - Net Assets Trend (2021–2023)
This chart illustrates how ETAO International Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ETAO International Co., Ltd. (2021–2023)
The table below shows the annual net assets of ETAO International Co., Ltd. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-5.98 Million | 0.00% |
| 2022-12-31 | $-5.98 Million | -103.86% |
| 2021-12-31 | $154.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ETAO International Co., Ltd.'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 89667775900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00K | % |
| Other Comprehensive Income | $-1.10 Million | % |
| Other Components | $893.03 Million | % |
| Total Equity | $-15.60 Million | 100.00% |
ETAO International Co., Ltd. Competitors by Market Cap
The table below lists competitors of ETAO International Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MURRAY & ROB HLDGS (LDYA.SG)
STU:LDYA
|
$511.94 |
|
Fauji Foods Ltd
KAR:FFL
|
$514.78 |
|
FLOUR MILLS NIGERIA PLC
XNSA:FLOURMILL
|
$514.90 |
|
AKI India Limited
NSE:AKI
|
$515.41 |
|
FSTU11F
SA:FSTU11F
|
$511.26 |
|
Surgical Innovations Group plc
LSE:SUN
|
$510.74 |
|
Wellnex Life Limited
LSE:WNX
|
$510.69 |
|
Empyrean Energy Plc
LSE:EME
|
$509.41 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ETAO International Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -15,598,728 to -15,598,728, a change of 0.
- Net loss of 896,677,759 reduced equity.
- Other factors increased equity by 896,677,759.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-896.68 Million | -5748.4% |
| Other Changes | $896.68 Million | +5748.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ETAO International Co., Ltd.'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 |
|---|---|---|---|
| 2021-12-31 | $29.31 | $0.00 | x |
| 2022-12-31 | $-2.95 | $0.00 | x |
| 2023-12-31 | $-2.95 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ETAO International Co., Ltd. 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: -1544.40%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-2.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -7.19% | -19.77% | 0.24x | 1.52x | $-25.20 Million |
| 2022 | 0.00% | -1544.40% | 1.10x | 0.00x | $-895.12 Million |
| 2023 | 0.00% | -1544.40% | 1.10x | 0.00x | $-895.12 Million |
Industry Comparison
This section compares ETAO International Co., Ltd.'s net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ETAO International Co., Ltd. (ETAOF) | $1.53 Million | -7.19% | 1.89x | $511.79 |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |