E-Waste Corp
EZRaider Co. manufactures, imports, and distributes electric vehicles. It also offers vehicle accessories, such as hand guard kit, seats, digital panels, safety walks, luggage racks, mud guards, security systems, tires, and skid plates, as well as caps, glasses, polo shirts, and coats. The company provides vehicles for a variety of uses, including urban commuting and errands, agriculture, off-roa… Read more
E-Waste Corp (EZRG) - Net Assets
Latest net assets as of June 2022: $2.32 Million USD
Based on the latest financial reports, E-Waste Corp (EZRG) has net assets worth $2.32 Million USD as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.42 Million) and total liabilities ($3.10 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 | $2.32 Million |
| % of Total Assets | 42.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
E-Waste Corp - Net Assets Trend (2012–2021)
This chart illustrates how E-Waste 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 E-Waste Corp (2012–2021)
The table below shows the annual net assets of E-Waste Corp from 2012 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $2.16 Million | +463.92% |
| 2020-12-31 | $-593.46K | -60.35% |
| 2018-12-31 | $-370.10K | -48.52% |
| 2016-12-31 | $-249.19K | -30.77% |
| 2015-12-31 | $-190.56K | -13424.41% |
| 2012-12-31 | $-1.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to E-Waste 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 274961800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.15K | 0.19% |
| Other Components | $4.95 Million | 229.21% |
| Total Equity | $2.16 Million | 100.00% |
E-Waste Corp Competitors by Market Cap
The table below lists competitors of E-Waste Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Satria Mega Kencana Tbk PT
JK:SOTS
|
$12.74 Million |
|
Salem Media Group Inc
OTCQX:SALM
|
$12.75 Million |
|
HANBIT SOFT Inc
KQ:047080
|
$12.75 Million |
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$12.75 Million |
|
N Citron Inc
KQ:101400
|
$12.74 Million |
|
Euroconsultants SA
AT:EUROC
|
$12.74 Million |
|
Alankit Limited
NSE:ALANKIT
|
$12.73 Million |
|
Speciality Restaurants Limited
NSE:SPECIALITY
|
$12.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E-Waste Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -593,463 to 2,159,725, a change of 2,753,188.
- Net loss of 2,638,226 reduced equity.
- Other factors increased equity by 5,391,414.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.64 Million | -122.16% |
| Other Changes | $5.39 Million | +249.63% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares E-Waste 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: 18.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $-0.02 | $1.00 | x |
| 2016-12-31 | $-0.02 | $1.00 | x |
| 2018-12-31 | $-0.03 | $1.00 | x |
| 2019-12-31 | $-0.01 | $1.00 | x |
| 2020-12-31 | $-0.01 | $1.00 | x |
| 2021-12-31 | $0.05 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E-Waste 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): -122.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -633.35%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.25x
- Recent ROE (-122.16%) is below the historical average (-20.36%), 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 | $-55.02K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.46K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $336.30 |
| 2019 | 0.00% | -106.88% | 0.00x | 0.00x | $-297.66K |
| 2020 | 0.00% | -106.88% | 0.41x | 0.00x | $-280.18K |
| 2021 | -122.16% | -633.35% | 0.09x | 2.25x | $-2.85 Million |
Industry Comparison
This section compares E-Waste Corp'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 |
|---|---|---|---|---|
| E-Waste Corp (EZRG) | $2.32 Million | 0.00% | 1.33x | $12.74 Million |
| 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 |