Exceed World Inc
Exceed World, Inc., together with its subsidiaries, provides education services to pre-school children, students, and adult learners in Japan. The company offers a range of e-learning education programs that include pre-school learning resources, learning resources supplementing elementary school, junior high school and senior high school curriculum, preparation courses for university entrance ex… Read more
Exceed World Inc (EXDW) - Net Assets
Latest net assets as of December 2025: $10.98 Million USD
Based on the latest financial reports, Exceed World Inc (EXDW) has net assets worth $10.98 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.70 Million) and total liabilities ($6.72 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 | $10.98 Million |
| % of Total Assets | 62.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | -42.17% |
| 10-Year Change | N/A |
| Growth Volatility | 17.84 |
Exceed World Inc - Net Assets Trend (2016–2025)
This chart illustrates how Exceed World 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 Exceed World Inc (2016–2025)
The table below shows the annual net assets of Exceed World Inc from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $10.98 Million | -41.50% |
| 2024-09-30 | $18.77 Million | +12.96% |
| 2023-09-30 | $16.61 Million | -6.49% |
| 2022-09-30 | $17.77 Million | -6.41% |
| 2021-09-30 | $18.98 Million | +10.87% |
| 2020-09-30 | $17.12 Million | -3.71% |
| 2019-09-30 | $17.78 Million | +13.57% |
| 2018-09-30 | $15.66 Million | +16.08% |
| 2017-09-30 | $13.49 Million | +44218.07% |
| 2016-09-30 | $-30.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Exceed World 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 1676697200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.75 Million | 152.61% |
| Common Stock | $3.27K | 0.03% |
| Other Comprehensive Income | $-5.88 Million | -53.59% |
| Other Components | $103.84K | 0.95% |
| Total Equity | $10.98 Million | 100.00% |
Exceed World Inc Competitors by Market Cap
The table below lists competitors of Exceed World Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arch Therapeutics Inc
OTCQB:ARTH
|
$923.89K |
|
Seya Industries Limited
NSE:SEYAIND
|
$924.28K |
|
Minera IRL Limited
PINK:MRLLF
|
$924.54K |
|
Woodlandor Holdings Bhd
KLSE:7025
|
$924.70K |
|
Tearlach Resources Ltd
V:TEA
|
$922.11K |
|
Insight Acquisition Corp. Class A Common Stock
NASDAQ:INAQ
|
$921.81K |
|
Sino AG
XETRA:XTP
|
$921.71K |
|
Enry S Island Spa Sb
VI:EIOS
|
$920.38K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exceed World Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,766,433 to 10,978,136, a change of -7,788,297 (-41.5%).
- Net loss of 6,880,447 reduced equity.
- Other comprehensive income decreased equity by 907,850.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.88 Million | -62.67% |
| Other Comprehensive Income | $-907.85K | -8.27% |
| Total Change | $- | -41.50% |
Book Value vs Market Value Analysis
This analysis compares Exceed World 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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $0.40 | x |
| 2017-09-30 | $0.68 | $0.40 | x |
| 2018-09-30 | $0.78 | $0.40 | x |
| 2019-09-30 | $0.54 | $0.40 | x |
| 2020-09-30 | $0.52 | $0.40 | x |
| 2021-09-30 | $0.58 | $0.40 | x |
| 2022-09-30 | $0.54 | $0.40 | x |
| 2023-09-30 | $0.51 | $0.40 | x |
| 2024-09-30 | $0.57 | $0.40 | x |
| 2025-09-30 | $0.34 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exceed World 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): -62.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.77%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.61x
- Recent ROE (-62.67%) is below the historical average (0.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.28K |
| 2016 | 0.00% | -85.39% | 0.27x | 0.00x | $-30.79K |
| 2017 | 26.29% | 9.64% | 1.85x | 1.47x | $2.20 Million |
| 2018 | 7.40% | 3.32% | 1.19x | 1.87x | $-407.23K |
| 2019 | -0.74% | -0.46% | 1.09x | 1.46x | $-1.91 Million |
| 2020 | -5.62% | -4.58% | 0.82x | 1.50x | $-2.67 Million |
| 2021 | 16.20% | 10.81% | 1.00x | 1.50x | $1.18 Million |
| 2022 | 23.29% | 11.93% | 1.23x | 1.58x | $2.36 Million |
| 2023 | -3.32% | -2.13% | 1.11x | 1.40x | $-2.21 Million |
| 2024 | 6.24% | 4.80% | 0.98x | 1.33x | $-705.27K |
| 2025 | -62.67% | -79.77% | 0.49x | 1.61x | $-7.98 Million |
Industry Comparison
This section compares Exceed World Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exceed World Inc (EXDW) | $10.98 Million | 0.00% | 0.61x | $922.40K |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |