Folkup Development Inc
Folkup Development Inc., through its subsidiaries, provides renewable energy products and solutions in Hong Kong. It invests, supplies, and installs rooftop and greenfield solar systems, and hydroponics farms. The company's products include rooftop solar pergola for village houses; rooftop solar glasshouse; wheelset solar carport; retractile solar carport; UND (up-n-down) solar pergola; hydroponi… Read more
Folkup Development Inc (FLDI) - Net Assets
Latest net assets as of September 2021: $-3.27 Million USD
Based on the latest financial reports, Folkup Development Inc (FLDI) has net assets worth $-3.27 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.06 Million) and total liabilities ($10.33 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 | $-3.27 Million |
| % of Total Assets | -46.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2272.14 |
Folkup Development Inc - Net Assets Trend (2016–2020)
This chart illustrates how Folkup Development 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 Folkup Development Inc (2016–2020)
The table below shows the annual net assets of Folkup Development Inc from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $-1.56 Million | -140.74% |
| 2019-12-31 | $-646.91K | -4646.74% |
| 2018-12-31 | $14.23K | +257.13% |
| 2017-12-31 | $3.98K | +84.62% |
| 2016-12-31 | $2.16K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Folkup Development 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 190521200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.80K | % |
| Other Comprehensive Income | $-7.12K | % |
| Other Components | $351.58K | % |
| Total Equity | $-1.55 Million | 100.00% |
Folkup Development Inc Competitors by Market Cap
The table below lists competitors of Folkup Development Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FRONTIER IP GR.PLC LS-10
F:8WT
|
$4.00 Million |
|
Pacific Nickel Mines Ltd
AU:PNM
|
$4.00 Million |
|
Blaize Holdings, Inc. Warrants
NASDAQ:BZAIW
|
$4.00 Million |
|
ZECON Bhd
KLSE:7028
|
$4.00 Million |
|
Semac Consultants Limited
NSE:SEMAC
|
$4.00 Million |
|
Euro Tech Holdings Company Ltd
NASDAQ:CLWT
|
$4.00 Million |
|
Nafpaktos Textile Industry S.A
AT:NAYP
|
$4.00 Million |
|
Killi Ltd
OTCQB:MYIDF
|
$3.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Folkup Development Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -646,910 to -1,551,791, a change of -904,881.
- Net loss of 1,056,558 reduced equity.
- Other comprehensive income decreased equity by 3,360.
- Other factors increased equity by 155,037.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.06 Million | -68.09% |
| Other Comprehensive Income | $-3.36K | -0.22% |
| Other Changes | $155.04K | +9.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Folkup Development 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 |
|---|---|---|---|
| 2016-12-31 | $0.00 | $5.00 | x |
| 2017-12-31 | $0.00 | $5.00 | x |
| 2018-12-31 | $0.00 | $5.00 | x |
| 2019-12-31 | $-0.11 | $5.00 | x |
| 2020-12-31 | $-0.24 | $5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Folkup Development 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: -40.74%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-27.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -39.02% | 0.00% | 0.00x | 1.41x | $-1.06K |
| 2017 | -18.17% | -3.68% | 1.44x | 3.44x | $-1.12K |
| 2018 | -78.76% | -178.47% | 0.17x | 2.57x | $-12.63K |
| 2019 | 0.00% | -27.86% | 1.63x | 0.00x | $-534.61K |
| 2020 | 0.00% | -40.74% | 0.72x | 0.00x | $-901.38K |
Industry Comparison
This section compares Folkup Development Inc's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $147,340,126
- Average return on equity (ROE) among peers: -11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Folkup Development Inc (FLDI) | $-3.27 Million | -39.02% | N/A | $4.00 Million |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |