Grillit Inc.
Primior Holdings Inc., operates as a real estate investment firm. It engages in the management and development of solutions; provision of investment advisory; and asset management services. The company was formerly known as GRILLiT, Inc. and changed its name to Primior Holdings Inc. in October 2024. Primior Holdings Inc. was founded in 2012 and is based in Irvine, California.
Grillit Inc. (GRLT) - Net Assets
Latest net assets as of June 2025: $-1.37 Million USD
Based on the latest financial reports, Grillit Inc. (GRLT) has net assets worth $-1.37 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.40 Million) and total liabilities ($30.76 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 | $-1.37 Million |
| % of Total Assets | -4.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 784.67 |
Grillit Inc. - Net Assets Trend (2005–2024)
This chart illustrates how Grillit 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 Grillit Inc. (2005–2024)
The table below shows the annual net assets of Grillit Inc. from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.88 Million | +18.18% |
| 2023-12-31 | $-2.30 Million | -44.91% |
| 2022-12-31 | $-1.59 Million | -31.61% |
| 2021-12-31 | $-1.20 Million | +37.43% |
| 2020-12-31 | $-1.92 Million | -1.24% |
| 2019-12-31 | $-1.90 Million | -444.45% |
| 2015-12-31 | $551.98K | +1012.15% |
| 2014-12-31 | $49.63K | +108.42% |
| 2013-12-31 | $-589.20K | -2121.56% |
| 2012-12-31 | $-26.52K | -110.53% |
| 2011-12-31 | $251.76K | +136.45% |
| 2010-12-31 | $-690.67K | +40.92% |
| 2009-12-31 | $-1.17 Million | -1.08% |
| 2008-12-31 | $-1.16 Million | -23.28% |
| 2007-12-31 | $-938.18K | -43.28% |
| 2006-12-31 | $-654.81K | -1163.33% |
| 2005-12-31 | $61.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grillit 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 555768600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $385.38K | % |
| Other Components | $3.30 Million | % |
| Total Equity | $-1.88 Million | 100.00% |
Grillit Inc. Competitors by Market Cap
The table below lists competitors of Grillit Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMART PRODUCTS NIGERIA PLC
XNSA:SMURFIT
|
$4.53 |
|
SPO Global Inc
PINK:SPOM
|
$4.53 |
|
Golden Triangle Ventures Inc
PINK:GTVH
|
$4.55 |
|
American Oriental Bioengineering Inc
PINK:AOBI
|
$4.61 |
|
Cableclix USA Inc
PINK:CCLX
|
$4.52 |
|
GEROVA Financial Group Ltd
PINK:GVFG
|
$4.51 |
|
Global Brokerage Inc
PINK:GLBR
|
$4.51 |
|
Coal Asia Holdings Inc
PSE:COAL
|
$4.31 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grillit Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,297,114 to -1,879,557, a change of 417,557.
- Net income of 417,557 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $417.56K | +22.22% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Grillit 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 |
|---|---|---|---|
| 2004-12-31 | $0.04 | $0.00 | x |
| 2005-12-31 | $0.75 | $0.00 | x |
| 2006-12-31 | $-7.93 | $0.00 | x |
| 2007-12-31 | $-7.97 | $0.00 | x |
| 2008-12-31 | $-9.97 | $0.00 | x |
| 2009-12-31 | $-10.07 | $0.00 | x |
| 2010-12-31 | $-2.46 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $-0.02 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $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 |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grillit 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: 15.65%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-9.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -77.78% | 0.00% | 0.00x | 1.00x | $-1.58K |
| 2005 | -18.22% | -51.00% | 0.31x | 1.16x | $-17.38K |
| 2006 | 0.00% | -35909.09% | 0.05x | 0.00x | $-7.83 Million |
| 2007 | 0.00% | -2350.25% | 0.64x | 0.00x | $-2.26 Million |
| 2008 | 0.00% | -15225.01% | 0.03x | 0.00x | $-449.34K |
| 2009 | 0.00% | -5685.80% | 0.03x | 0.00x | $-94.10K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-98.93K |
| 2011 | -35.05% | -21.72% | 1.43x | 1.13x | $-113.41K |
| 2012 | 0.00% | -31.26% | 1.60x | 0.00x | $-262.20K |
| 2013 | 0.00% | -85.53% | 1.43x | 0.00x | $-614.08K |
| 2014 | 6.47% | 0.48% | 1.59x | 8.46x | $-1.75K |
| 2015 | -42.94% | -38.31% | 0.49x | 2.29x | $-292.20K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $161.96K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $168.91K |
| 2021 | 0.00% | 3466.27% | 0.01x | 0.00x | $149.94K |
| 2022 | 0.00% | -168.69% | 969.36x | 0.00x | $-222.48K |
| 2023 | 0.00% | 10.28% | 2.91x | 0.00x | $492.00K |
| 2024 | 0.00% | 15.65% | 0.09x | 0.00x | $605.51K |
Industry Comparison
This section compares Grillit Inc.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $70,341,271,195
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grillit Inc. (GRLT) | $-1.37 Million | -77.78% | N/A | $4.53 |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $97.99 Million | -3.22% | 0.10x | $7.15 Million |
| Autris (AUTR) | $-34.64K | 0.00% | 0.00x | $1.55K |
| AMREP Corporation (AXR) | $67.40 Million | 1.78% | 1.85x | $79.94 Million |
| Ayala Land Inc (AYAAF) | $242.71 Billion | 13.67% | 1.94x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $226.27K | -1.35% | 0.77x | $0.92 |
| Beijing North Star Company Limited (BEIJF) | $8.23 Billion | 4.12% | 0.79x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $436.84 Billion | 11.28% | 1.44x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $14.13 Billion | 9.67% | 0.21x | $141.49 Million |
| Century Communities Inc (CCS) | $473.64 Million | 10.46% | 1.13x | $1.40 Billion |