IFAN Financial Inc
IFAN Financial, Inc., together with its subsidiaries, designs, develops, and distributes software to enable mobile payments. Its products include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer, as well as peer-to-peer cash transfers. It has a portfolio of solutions, including mobile optimized "white label' solutions with… Read more
IFAN Financial Inc (IFAN) - Net Assets
Latest net assets as of May 2016: $1.65 Million USD
Based on the latest financial reports, IFAN Financial Inc (IFAN) has net assets worth $1.65 Million USD as of May 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.07 Million) and total liabilities ($2.42 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 | $1.65 Million |
| % of Total Assets | 40.58% |
| Annual Growth Rate | 514.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
IFAN Financial Inc - Net Assets Trend (2011–2015)
This chart illustrates how IFAN Financial 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 IFAN Financial Inc (2011–2015)
The table below shows the annual net assets of IFAN Financial Inc from 2011 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-08-31 | $3.57 Million | +12186.69% |
| 2014-08-31 | $-29.57K | +0.05% |
| 2013-08-31 | $-29.58K | -88.15% |
| 2012-08-31 | $-15.72K | -728.88% |
| 2011-08-31 | $2.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IFAN Financial 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 781135200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $789.11K | 100.00% |
| Other Comprehensive Income | $410.89K | 52.07% |
| Other Components | $7.41 Million | 938.41% |
| Total Equity | $789.11K | 100.00% |
IFAN Financial Inc Competitors by Market Cap
The table below lists competitors of IFAN Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Treasure Island Royalty Trust
PINK:TISDZ
|
$0.98 |
|
MPM Technologies Inc
PINK:MPML
|
$0.98 |
|
Buzz Technologies Inc
PINK:BZTG
|
$0.98 |
|
Response Genetics Inc
PINK:RGDXQ
|
$0.98 |
|
North American Exploration Corp
OTCGREY:NAMX
|
$0.98 |
|
RBC Life Sciences Inc
PINK:RBCL
|
$0.98 |
|
Renovate Neighborhoods Inc
PINK:RNVT
|
$0.98 |
|
Allied Security Innovations Inc
PINK:ADSV
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IFAN Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 739,071 to 789,106, a change of 50,035 (6.8%).
- Other comprehensive income decreased equity by 50,036.
- Other factors increased equity by 100,071.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Comprehensive Income | $-50.04K | -6.34% |
| Other Changes | $100.07K | +12.68% |
| Total Change | $- | 6.77% |
Book Value vs Market Value Analysis
This analysis compares IFAN Financial 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: 0.10x
- 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.
- The price-to-book ratio has decreased from 36.55x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-08-31 | $0.00 | $0.00 | x |
| 2012-08-31 | $0.00 | $0.00 | x |
| 2013-08-31 | $0.00 | $0.00 | x |
| 2014-08-31 | $0.00 | $0.00 | x |
| 2015-08-31 | $0.04 | $0.00 | x |
| 2019-08-31 | $0.00 | $0.00 | x |
| 2020-08-31 | $0.00 | $0.00 | x |
| 2021-08-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IFAN Financial 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): -66.49%
- 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: 1.40x
- Recent ROE (-66.49%) is below the historical average (-38.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -126.12% | 0.00% | 0.00x | 1.60x | $-3.40K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.65K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.25K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.84K |
| 2015 | -66.49% | 0.00% | 0.00x | 1.40x | $-2.73 Million |
Industry Comparison
This section compares IFAN Financial Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IFAN Financial Inc (IFAN) | $1.65 Million | -126.12% | 1.46x | $0.98 |
| 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) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |