ICDX
Incordex Corp. focuses on providing online handwritten letter services through its web platform to direct mail marketing companies. The company was incorporated in 2020 and is based in Nuneaton, the United Kingdom. As of January 13, 2025, Incordex Corp. operates as a subsidiary of HK Hangang Information Consulting Limited.
ICDX (ICDX) - Net Assets
Latest net assets as of March 2025: $-1.87K USD
Based on the latest financial reports, ICDX (ICDX) has net assets worth $-1.87K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($1.87K). 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 | $-1.87K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ICDX - Net Assets Trend (2023–2024)
This chart illustrates how ICDX's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ICDX (2023–2024)
The table below shows the annual net assets of ICDX from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-9.72K | -594.20% |
| 2023-06-30 | $1.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ICDX'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 1168200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $34.00K | % |
| Total Equity | $-9.72K | 100.00% |
ICDX Competitors by Market Cap
The table below lists competitors of ICDX ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ocean Glass Public Company Limited
BK:OGC
|
$1.89 Million |
|
Aclarion Inc
NASDAQ:ACON
|
$1.89 Million |
|
Hamlin Bank and Trust Company
PINK:HMLN
|
$1.89 Million |
|
Turbon AG
F:TUR
|
$1.89 Million |
|
M Evo Global Acquisition Corp II Warrants
NASDAQ:MEVOW
|
$1.88 Million |
|
Comanche International Public Company Limited
BK:COMAN
|
$1.88 Million |
|
Suryamas Dutamakmur Tbk
JK:SMDM
|
$1.88 Million |
|
Zephyr Minerals Ltd
PINK:ZPHYF
|
$1.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICDX's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,966 to -9,716, a change of -11,682 (-594.2%).
- Net loss of 11,682 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.68K | -120.23% |
| Total Change | $- | -594.20% |
Book Value vs Market Value Analysis
This analysis compares ICDX'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 |
|---|---|---|---|
| 2023-06-30 | $0.00 | $1.30 | x |
| 2024-06-30 | $0.00 | $1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICDX 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: -37.59%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-224.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -448.98% | -92.32% | 1.03x | 4.72x | $-9.02K |
| 2024 | 0.00% | -37.59% | 1.39x | 0.00x | $-10.71K |
Industry Comparison
This section compares ICDX's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $306,169,570
- Average return on equity (ROE) among peers: 458.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICDX (ICDX) | $-1.87K | -448.98% | N/A | $1.89 Million |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $242.88K |
| Bright Horizons Family Solutions Inc (BFAM) | $145.51 Million | 13.75% | 0.70x | $4.17 Billion |
| Click Holdings Limited (CLIK) | $403.31K | 199.02% | 3.08x | $871.85K |
| Carriage Services Inc (CSV) | $202.10 Million | 4.70% | 1.31x | $653.20 Million |
| CVS Group plc (CVSGF) | $257.00 Million | 16.30% | 1.23x | $947.94 Million |
| Dror Ortho-Design Inc. (DROR) | $-374.60K | 0.00% | 0.00x | $4.09 Million |
| E-Home Household Service Holdings Ltd (EJH) | $64.27 Million | 9.97% | 0.16x | $2.03 Million |
| Eventiko Inc (EVTK) | $-14.26K | 0.00% | 0.00x | $3.58 Million |
| Fu Shou Yuan International Group Limited (FSHUF) | $2.21 Billion | 10.41% | 0.33x | $717.28 Million |
| Frontdoor Inc (FTDR) | $3.00 Million | 4266.67% | 355.33x | $4.51 Billion |