iFresh Inc
iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, … Read more
iFresh Inc (IFMK) - Net Assets
Latest net assets as of December 2020: $21.29 Million USD
Based on the latest financial reports, iFresh Inc (IFMK) has net assets worth $21.29 Million USD as of December 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($131.62 Million) and total liabilities ($110.33 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 | $21.29 Million |
| % of Total Assets | 16.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -125.79% |
| 10-Year Change | N/A |
| Growth Volatility | 21257.34 |
iFresh Inc - Net Assets Trend (2015–2020)
This chart illustrates how iFresh 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 iFresh Inc (2015–2020)
The table below shows the annual net assets of iFresh Inc from 2015 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-03-31 | $-2.55 Million | -147.11% |
| 2019-03-31 | $-1.03 Million | -118.88% |
| 2018-03-31 | $5.47 Million | -13.13% |
| 2017-03-31 | $6.29 Million | -36.37% |
| 2016-03-31 | $9.89 Million | +49035.51% |
| 2015-03-31 | $20.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to iFresh 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 2424946000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.87K | % |
| Other Comprehensive Income | $-12.70 Million | % |
| Other Components | $34.40 Million | % |
| Total Equity | $-2.55 Million | 100.00% |
iFresh Inc Competitors by Market Cap
The table below lists competitors of iFresh Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEIJING MEDIA -H-
MU:BME
|
$705.58 |
|
Cascadia Minerals Ltd.
OTCQB:CAMNF
|
$705.81 |
|
TIANDE CHEMICAL
BE:TC7
|
$705.94 |
|
Secoo Holding Limited
PINK:SECOY
|
$706.00 |
|
Delta Apparel, Inc.
NYSE MKT:DLAPQ
|
$705.00 |
|
Rouchon Industries Inc
PINK:RCHN
|
$704.96 |
|
Fidelity Asian Values
LSE:FAS
|
$704.50 |
|
Can-Gow Capital Inc.
V:GOWC-P
|
$702.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iFresh Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -1,031,979 to -2,550,147, a change of -1,518,168.
- Net loss of 8,286,854 reduced equity.
- New share issuances of 1,311,820 increased equity.
- Other comprehensive income decreased equity by 12,701,624.
- Other factors increased equity by 18,158,490.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.29 Million | -324.96% |
| Share Issuances | $1.31 Million | +51.44% |
| Other Comprehensive Income | $-12.70 Million | -498.07% |
| Other Changes | $18.16 Million | +712.06% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares iFresh 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 |
|---|---|---|---|
| 2015-03-31 | $0.01 | $0.00 | x |
| 2016-03-31 | $3.79 | $0.00 | x |
| 2017-03-31 | $0.51 | $0.00 | x |
| 2018-03-31 | $0.39 | $0.00 | x |
| 2019-03-31 | $-0.07 | $0.00 | x |
| 2020-03-31 | $-0.14 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iFresh 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: -9.26%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (639.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3849.78% | 0.61% | 863.47x | 7.36x | $772.72K |
| 2016 | -24.11% | -1.82% | 3.17x | 4.18x | $-3.37 Million |
| 2017 | 24.64% | 1.18% | 3.12x | 6.68x | $921.19K |
| 2018 | -14.48% | -0.58% | 2.79x | 8.95x | $-1.34 Million |
| 2019 | 0.00% | -9.57% | 2.66x | 0.00x | $-11.90 Million |
| 2020 | 0.00% | -9.26% | 0.90x | 0.00x | $-8.03 Million |
Industry Comparison
This section compares iFresh Inc's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $14,173,591,586
- Average return on equity (ROE) among peers: 20.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iFresh Inc (IFMK) | $21.29 Million | 3849.78% | 5.18x | $705.30 |
| Albertsons Companies (ACI) | $2.28 Billion | 20.47% | 10.97x | $6.24 Billion |
| Koninklijke Ahold Delhaize NV (AHODF) | $16.28 Billion | 5.10% | 1.23x | $32.57 Billion |
| Sendas Distribuidora S.A. (ASAIY) | $2.77 Billion | 58.21% | 7.26x | $2.52 Billion |
| Bim Birlesik Magazalar (BMBRF) | $813.01 Million | 40.75% | 1.62x | $5.01 Billion |
| BMTHF (BMTHF) | $306.68 Million | 3.95% | 1.25x | $60.88 Million |
| Carrefour SA (CRERF) | $10.95 Billion | 11.59% | 3.76x | $8.90 Billion |
| CP ALL Public Company Limited (CVPBF) | $99.82 Billion | 20.97% | 2.74x | $9.06 Billion |
| Dairy Farm International Holdings Limited (DFILF) | $1.76 Billion | 22.92% | 2.11x | $3.57 Billion |
| Dino Polska S.A. (DNOPF) | $5.61 Billion | 25.07% | 0.85x | $11.25 Billion |
| Krispy Kreme Inc (DNUT) | $1.16 Billion | 0.27% | 1.64x | $317.96 Million |