Kemiao Garment Holding Group
Kemiao Garment Holding Group does not have significant operations. The company intends to acquire private corporations that are involved in IT apparel platform, fashion manufacturing industry, IT agriculture platform, and agriculture production industry, as well as produces and sells medical equipment, such N95 masks and protective clothing. Previously, it was engaged in the design, manufacture, … Read more
Kemiao Garment Holding Group (KMGH) - Net Assets
Latest net assets as of September 2020: $-45.71K USD
Based on the latest financial reports, Kemiao Garment Holding Group (KMGH) has net assets worth $-45.71K USD as of September 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($45.71K). 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 | $-45.71K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 60.03 |
Kemiao Garment Holding Group - Net Assets Trend (2008–2019)
This chart illustrates how Kemiao Garment Holding Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kemiao Garment Holding Group (2008–2019)
The table below shows the annual net assets of Kemiao Garment Holding Group from 2008 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $-41.70K | -- |
| 2018-12-31 | $0.00 | -- |
| 2010-12-31 | $8.89 Million | +46.09% |
| 2009-12-31 | $6.08 Million | -12.57% |
| 2008-12-31 | $6.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kemiao Garment Holding Group'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 219.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $63.00 | % |
| Other Components | $7.00 Million | % |
| Total Equity | $-41.70K | 100.00% |
Kemiao Garment Holding Group Competitors by Market Cap
The table below lists competitors of Kemiao Garment Holding Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ithaca Energy PLC
LSE:ITH
|
$404.89K |
|
EXELON (PEO.SG)
STU:PEO
|
$405.05K |
|
Adya Inc
V:ADYA
|
$405.15K |
|
FILL UP MEDIA EO -25
F:X3D
|
$405.50K |
|
NEWGOLD
XBOT:NEWG-ETF
|
$403.86K |
|
Remington Resources Inc
V:RGM-H
|
$403.79K |
|
FASTENAL
MU:FAS
|
$403.55K |
|
HMS BERGBAU - Dusseldorf Stock Exchang
DU:HMU
|
$403.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kemiao Garment Holding Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 0 to -41,695, a change of -41,695.
- Net loss of 41,695 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-41.70K | -100.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Kemiao Garment Holding Group'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 |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $-0.66 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kemiao Garment Holding Group 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (65.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 56.00% | 18.78% | 2.32x | 1.28x | $3.20 Million |
| 2009 | 132.45% | 19.43% | 3.05x | 2.24x | $6.91 Million |
| 2010 | 136.64% | 16.08% | 4.23x | 2.01x | $10.18 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $9.25 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-37.53K |
Industry Comparison
This section compares Kemiao Garment Holding Group'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 |
|---|---|---|---|---|
| Kemiao Garment Holding Group (KMGH) | $-45.71K | 56.00% | N/A | $404.55K |
| 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 |