GIB Capital Group Inc
GIB Capital Group, Inc. does not have significant operations. It intends to identify prospective individuals and/or companies to acquire or enter into a joint venture relationship for the entry into new business industries. Previously, the company was engaged in the Internet book distribution business. The company was formerly known as Xinhua China Ltd. and changed its name to GIB Capital Group, … Read more
GIB Capital Group Inc (GIBX) - Net Assets
Latest net assets as of December 2023: $-32.76K USD
Based on the latest financial reports, GIB Capital Group Inc (GIBX) has net assets worth $-32.76K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($373.00) and total liabilities ($33.13K). 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 | $-32.76K |
| % of Total Assets | -8783.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.74 |
GIB Capital Group Inc - Net Assets Trend (2002–2023)
This chart illustrates how GIB Capital 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 GIB Capital Group Inc (2002–2023)
The table below shows the annual net assets of GIB Capital Group Inc from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-25.94K | -116.91% |
| 2022-06-30 | $-11.96K | +84.54% |
| 2021-06-30 | $-77.35K | -- |
| 2020-06-30 | $0.00 | -- |
| 2012-06-30 | $-15.95 Million | -0.77% |
| 2011-06-30 | $-15.82 Million | -27.37% |
| 2010-06-30 | $-12.42 Million | -40.40% |
| 2009-06-30 | $-8.85 Million | -29.26% |
| 2008-06-30 | $-6.85 Million | -2.71% |
| 2007-06-30 | $-6.66 Million | +1.77% |
| 2006-06-30 | $-6.78 Million | -231.03% |
| 2005-06-30 | $5.18 Million | +31729.16% |
| 2004-06-30 | $-16.37K | -83.20% |
| 2003-06-30 | $-8.94K | -213.55% |
| 2002-06-30 | $7.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GIB Capital 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 1294633200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00 | % |
| Other Comprehensive Income | $-5.00 | % |
| Other Components | $13.24 Million | % |
| Total Equity | $-25.94K | 100.00% |
GIB Capital Group Inc Competitors by Market Cap
The table below lists competitors of GIB Capital Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baron Energy Inc
PINK:BROE
|
$2.80 |
|
Arboreta Healthcare Inc.
PINK:ARBH
|
$2.80 |
|
Symmetry Technologies Inc
PINK:SMMR
|
$2.81 |
|
Tarsin Mobile Inc
PINK:TMIX
|
$2.82 |
|
Founders Bay Holdings
PINK:FDBH
|
$2.79 |
|
Maxx Sports TV Inc
PINK:AMXX
|
$2.78 |
|
Il2m International Corp
PINK:ILIM
|
$2.76 |
|
Bioelectronics Corp
PINK:BIEL
|
$2.75 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GIB Capital Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -11,960 to -25,942, a change of -13,982.
- Net loss of 13,982 reduced equity.
- Other comprehensive income decreased equity by 5.
- Other factors increased equity by 5.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.98K | -53.9% |
| Other Comprehensive Income | $-5.00 | -0.02% |
| Other Changes | $5.00 | +0.02% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GIB Capital 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 |
|---|---|---|---|
| 2001-06-30 | $0.47 | $0.00 | x |
| 2002-06-30 | $0.13 | $0.00 | x |
| 2003-06-30 | $-0.15 | $0.00 | x |
| 2004-06-30 | $-0.27 | $0.00 | x |
| 2005-06-30 | $3.67 | $0.00 | x |
| 2006-06-30 | $-109.82 | $0.00 | x |
| 2007-06-30 | $-115.46 | $0.00 | x |
| 2008-06-30 | $-104.67 | $0.00 | x |
| 2009-06-30 | $-23.59 | $0.00 | x |
| 2010-06-30 | $-24.85 | $0.00 | x |
| 2011-06-30 | $-31.65 | $0.00 | x |
| 2012-06-30 | $-31.90 | $0.00 | x |
| 2020-06-30 | $-26.16 | $0.00 | x |
| 2021-06-30 | $-0.15 | $0.00 | x |
| 2022-06-30 | $-0.02 | $0.00 | x |
| 2023-06-30 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GIB Capital 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-203.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -186.92% | -2933850.00% | 0.00x | 1.00x | $-61.82K |
| 2002 | -298.87% | 0.00% | 0.00x | 1.12x | $-24.31K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.91K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.80K |
| 2005 | -2766.10% | -36.47% | 0.15x | 502.84x | $-5.67 Million |
| 2006 | 0.00% | -28.80% | 19.65x | 0.00x | $-10.16 Million |
| 2007 | 0.00% | -396.66% | 0.08x | 0.00x | $58.44K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.39K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.62 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.77 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.84 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $1.02 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $1.06 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.18K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-89.43K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.39K |
Industry Comparison
This section compares GIB Capital 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 |
|---|---|---|---|---|
| GIB Capital Group Inc (GIBX) | $-32.76K | -186.92% | N/A | $2.79 |
| 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 |