Genesis Electronics Group Inc
Genesis Electronics Group, Inc. focuses on providing autonomous electric vehicles for use in the trucking industry. It intends to offer Gliders, which are autonomous electric vehicles that attach to existing semi-truck trailers, and move them across unpaved terrain, paved roads, and railways. The company was formerly known as Cacique Mining Inc. and changed its name to Genesis Electronic Group In… Read more
Genesis Electronics Group Inc (GEGI) - Net Assets
Latest net assets as of September 2023: $1.28 Million USD
Based on the latest financial reports, Genesis Electronics Group Inc (GEGI) has net assets worth $1.28 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.00 Million) and total liabilities ($2.72 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 | $1.28 Million |
| % of Total Assets | 32.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Genesis Electronics Group Inc - Net Assets Trend (2005–2022)
This chart illustrates how Genesis Electronics 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 Genesis Electronics Group Inc (2005–2022)
The table below shows the annual net assets of Genesis Electronics Group Inc from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.40 Million | +366.58% |
| 2020-12-31 | $-526.89K | +49.59% |
| 2019-12-31 | $-1.05 Million | -24.42% |
| 2015-12-31 | $-840.13K | +10.68% |
| 2014-12-31 | $-940.59K | -6.54% |
| 2010-12-31 | $-882.88K | +22.02% |
| 2009-12-31 | $-1.13 Million | +6.64% |
| 2008-12-31 | $-1.21 Million | -362.84% |
| 2007-12-31 | $-261.99K | -72.95% |
| 2006-12-31 | $-151.48K | -635.50% |
| 2005-12-31 | $-20.60K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genesis Electronics 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 1039377100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.72 Million | 122.73% |
| Other Comprehensive Income | $-1.72 Million | -122.73% |
| Other Components | $14.30 Million | 1018.01% |
| Total Equity | $1.40 Million | 100.00% |
Genesis Electronics Group Inc Competitors by Market Cap
The table below lists competitors of Genesis Electronics Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LODESTAR BATTERY METALS
F:O4L
|
$158.03K |
|
Volution Group plc
LSE:FAN
|
$158.12K |
|
Grupa Recykl SA
WAR:GRC
|
$158.30K |
|
JAPAN AIRLINES
BE:JAL
|
$158.31K |
|
Aloro Mining Corp
PINK:WLRMF
|
$157.87K |
|
Federal Home 5.30%
OTCQB:FREJP
|
$157.84K |
|
Fossil Group Inc. 7% Senior Notes due 2026
NASDAQ:FOSLL
|
$157.80K |
|
SparDanmark Invest Balance
CO:SDIBAL
|
$157.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genesis Electronics Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -2,092 to 1,404,556, a change of 1,406,648.
- Net loss of 263,227 reduced equity.
- Other comprehensive income decreased equity by 1,723,776.
- Other factors increased equity by 3,393,651.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-263.23K | -18.74% |
| Other Comprehensive Income | $-1.72 Million | -122.73% |
| Other Changes | $3.39 Million | +241.62% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Genesis Electronics 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
- Current price-to-book ratio: 0.12x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $-0.01 | $0.00 | x |
| 2007-12-31 | $-0.01 | $0.00 | x |
| 2008-12-31 | $-0.02 | $0.00 | x |
| 2009-12-31 | $-0.01 | $0.00 | x |
| 2010-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genesis Electronics 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): -18.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.85x
- Recent ROE (-18.74%) is below the historical average (-1.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -3388.96% | 0.35x | 0.00x | $-787.64K |
| 2006 | 0.00% | -337.18% | 3.56x | 0.00x | $-454.67K |
| 2007 | 0.00% | -818.87% | 22.67x | 0.00x | $-1.44 Million |
| 2008 | 0.00% | -2758.92% | 16.28x | 0.00x | $-2.96 Million |
| 2009 | 0.00% | -732.29% | 0.97x | 0.00x | $-463.81K |
| 2010 | 0.00% | -2921.36% | 0.07x | 0.00x | $-739.95K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-203.01K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-782.28K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $34.88K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $16.94K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.14K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $96.20 |
| 2022 | -18.74% | 0.00% | 0.00x | 2.85x | $-403.68K |
Industry Comparison
This section compares Genesis Electronics Group Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genesis Electronics Group Inc (GEGI) | $1.28 Million | 0.00% | 2.12x | $158.00K |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |