Hunter Maritime Acquisition Corp
Hunter Maritime Acquisition Corp., a fintech company, operates an online consumer and business finance marketplace in China. Its market place facilitates the origination of debt financing by directly connecting individual and commercial borrowers with lenders. The company is based in Beijing, China.
Hunter Maritime Acquisition Corp (HUNTF) - Net Assets
Latest net assets as of December 2018: $15.93 Million USD
Based on the latest financial reports, Hunter Maritime Acquisition Corp (HUNTF) has net assets worth $15.93 Million USD as of December 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.22 Million) and total liabilities ($6.29 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 | $15.93 Million |
| % of Total Assets | 71.7% |
| Annual Growth Rate | 78.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1465.96 |
Hunter Maritime Acquisition Corp - Net Assets Trend (2016–2018)
This chart illustrates how Hunter Maritime Acquisition 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 Hunter Maritime Acquisition Corp (2016–2018)
The table below shows the annual net assets of Hunter Maritime Acquisition Corp from 2016 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $15.93 Million | -89.17% |
| 2017-12-31 | $147.14 Million | +2842.74% |
| 2016-12-31 | $5.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hunter Maritime Acquisition 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 grown by 162856400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.93 Million | 7.48% |
| Other Comprehensive Income | $-2.27 Million | -1.55% |
| Other Components | $139.83 Million | 95.67% |
| Total Equity | $146.16 Million | 100.00% |
Hunter Maritime Acquisition Corp Competitors by Market Cap
The table below lists competitors of Hunter Maritime Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DG-Net S.A.
WAR:DGN
|
$20.79K |
|
EAST AFRICAN BREWERIES LTD
DSE:EABL
|
$20.80K |
|
Dawood Lawrencepur Ltd
KAR:DLL
|
$20.81K |
|
Lotus Creek Exploration Inc.
V:LTC
|
$20.82K |
|
SPGM11
SA:SPGM11
|
$20.78K |
|
Thac Mo Hydropower JSC
VN:TMP
|
$20.77K |
|
BlueRush Inc
OTCQB:BTVRF
|
$20.76K |
|
Axe2 Acquisitions Inc.
V:AXET-P
|
$20.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunter Maritime Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 147,137,035 to 146,157,000, a change of -980,035 (-0.7%).
- Net loss of 1,550,000 reduced equity.
- Share repurchases of 131,618,419 reduced equity.
- Other comprehensive income decreased equity by 677,154.
- Other factors increased equity by 132,865,538.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.55 Million | -1.06% |
| Share Repurchases | $131.62 Million | -90.05% |
| Other Comprehensive Income | $-677.15K | -0.46% |
| Other Changes | $132.87 Million | +90.91% |
| Total Change | $- | -0.67% |
Book Value vs Market Value Analysis
This analysis compares Hunter Maritime Acquisition 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: 0.00x
- 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 |
|---|---|---|---|
| 2016-12-31 | $1.32 | $0.00 | x |
| 2017-12-31 | $38.79 | $0.00 | x |
| 2018-12-31 | $38.53 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunter Maritime Acquisition 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): -1.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -583.98%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.15x
- Recent ROE (-1.06%) is above the historical average (-3.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -7.98% | -348.97% | 0.00x | 30.72x | $-898.87K |
| 2017 | -0.26% | -172.59% | 0.00x | 1.04x | $-15.10 Million |
| 2018 | -1.06% | -583.98% | 0.01x | 0.15x | $-16.17 Million |
Industry Comparison
This section compares Hunter Maritime Acquisition Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunter Maritime Acquisition Corp (HUNTF) | $15.93 Million | -7.98% | 0.39x | $20.78K |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |