Jadeart Group Inc
Jade Art Group Inc., through its subsidiary, JiangXi SheTai Jade Industrial Company Limited, engages in the sale and distribution of raw jade in China. It also involves in jade processing, carving, and polishing activities. The company's products are used as decorative construction material in commercial and residential markets, and high-end jewelry. Jade Art Group Inc. is based in Yingtan, China.
Jadeart Group Inc (JADA) - Net Assets
Latest net assets as of September 2023: $-2.31 Million USD
Based on the latest financial reports, Jadeart Group Inc (JADA) has net assets worth $-2.31 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.00K) and total liabilities ($2.34 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 | $-2.31 Million |
| % of Total Assets | -7700.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Jadeart Group Inc - Net Assets Trend (2006–2009)
This chart illustrates how Jadeart Group 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 Jadeart Group Inc (2006–2009)
The table below shows the annual net assets of Jadeart Group Inc from 2006 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $76.51 Million | +20.96% |
| 2008-12-31 | $63.25 Million | +2249312.06% |
| 2007-12-31 | $-2.81K | +69.98% |
| 2006-12-31 | $-9.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jadeart Group 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 339911600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $459.98K | 100.00% |
| Other Components | $3.41 Million | 742.12% |
| Total Equity | $459.98K | 100.00% |
Jadeart Group Inc Competitors by Market Cap
The table below lists competitors of Jadeart Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAIRIBORD HOLDINGS LIMITED
XZIM:DZL
|
$37.53 |
|
El-Farasha Co.For Manufacture And Printing Packing And Wrapp
EGX:EFMP
|
$37.55 |
|
Cabo Verde Capital Inc
PINK:CAPV
|
$37.72 |
|
ACTIVE BIOTECH (BTPC.SG)
STU:BTPC
|
$37.80 |
|
MULTIPOLAR -A- (MLQ2.SG)
STU:MLQ2
|
$37.04 |
|
TATSUTA EL.WIRE
F:3U3
|
$36.95 |
|
Coresource Strategies Inc
PINK:NUGL
|
$36.89 |
|
County Line Energy Corp
PINK:CYLC
|
$36.62 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jadeart Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -29,623 to 459,979, a change of 489,602.
- Net loss of 30,956 reduced equity.
- Other factors increased equity by 520,558.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.96K | -6.73% |
| Other Changes | $520.56K | +113.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Jadeart Group 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: 4.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $-0.07 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.78 | $0.00 | x |
| 2009-12-31 | $0.96 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jadeart Group 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): -6.73%
- 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: 0.00x
- Recent ROE (-6.73%) is below the historical average (13.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | -0.06% | 819.74x | 0.00x | $-13.53K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.16K |
| 2008 | 111.96% | 231.88% | 0.45x | 1.07x | $64.48 Million |
| 2009 | 17.21% | 52.03% | 0.32x | 1.04x | $5.52 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.75K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.34K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $310.20 |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.03K |
| 2021 | -6.73% | 0.00% | 0.00x | 0.00x | $-76.95K |
Industry Comparison
This section compares Jadeart Group Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jadeart Group Inc (JADA) | $-2.31 Million | 0.00% | N/A | $37.19 |
| 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) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |