Eco-Tek Group Inc.
Eco-Tek Group, Inc. manufactures and distributes synthetic lubricants, filtration systems, and other products in North America. The company offers synthetic base motor oil, fuel treatment products, engine flush products, synthetic oil stabilizers, bypass and magnetic oil filtration products, hand cleaners, and non-toxic lubricants. Its products are used in cars, vans, sport utility vehicles, ligh… Read more
Eco-Tek Group Inc. (ETEK) - Net Assets
Latest net assets as of September 2013: $-1.21 Million USD
Based on the latest financial reports, Eco-Tek Group Inc. (ETEK) has net assets worth $-1.21 Million USD as of September 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($129.60K) and total liabilities ($1.34 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 | $-1.21 Million |
| % of Total Assets | -937.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Eco-Tek Group Inc. - Net Assets Trend (2008–2012)
This chart illustrates how Eco-Tek Group 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 Eco-Tek Group Inc. (2008–2012)
The table below shows the annual net assets of Eco-Tek Group Inc. from 2008 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $-920.17K | -113.61% |
| 2011-12-31 | $-430.76K | -2130.54% |
| 2011-06-30 | $-19.31K | +65.48% |
| 2010-12-31 | $-55.95K | -156.96% |
| 2009-12-31 | $-21.77K | -327.10% |
| 2008-12-31 | $9.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eco-Tek Group 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 193502000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $250.82K | % |
| Other Comprehensive Income | $-34.64K | % |
| Other Components | $863.24K | % |
| Total Equity | $-920.17K | 100.00% |
Eco-Tek Group Inc. Competitors by Market Cap
The table below lists competitors of Eco-Tek Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tigrent Inc
PINK:TIGE
|
$1.94 |
|
Appswarm Inc
PINK:SWRM
|
$1.95 |
|
Sentisearch Inc
PINK:SSRC
|
$1.95 |
|
Imperial Res Inc
PINK:IPRC
|
$1.95 |
|
CTR Investments & Consulting Inc
PINK:CIVX
|
$1.94 |
|
Big Buck Brewery & Steakhouse Inc
PINK:BBUCQ
|
$1.94 |
|
USA Performance Products Inc
PINK:UPRM
|
$1.94 |
|
Amaru Inc
PINK:AMRU
|
$1.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco-Tek Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from -430,762 to -920,170, a change of -489,408.
- Net loss of 1,038,374 reduced equity.
- Other comprehensive income decreased equity by 34,643.
- Other factors increased equity by 583,609.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.04 Million | -112.85% |
| Other Comprehensive Income | $-34.64K | -3.76% |
| Other Changes | $583.61K | +63.42% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Eco-Tek Group 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 |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco-Tek Group 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: -367.99%
- • Asset Turnover: 3.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-21.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -127.05% | 0.00% | 0.00x | 1.03x | $-13.14K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-53.59K |
| 2010 | 0.00% | -27.75% | 26.01x | 0.00x | $-73.19K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-76.85K |
| 2011 | 0.00% | -39.70% | 2.82x | 0.00x | $-49.88K |
| 2012 | 0.00% | -367.99% | 3.28x | 0.00x | $-946.36K |
Industry Comparison
This section compares Eco-Tek Group 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 |
|---|---|---|---|---|
| Eco-Tek Group Inc. (ETEK) | $-1.21 Million | -127.05% | N/A | $1.94 |
| 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 |