Lead Innovation Corp
Lead Innovation Corporation engages in off the road tire pyrolysis processing business. It collects and processes oversize off road tires, such as large mining trucks and agricultural vehicles tires into component parts comprising pyrolysis oil, syngas, carbon black, and steel, as well as sells these component parts to petroleum product manufacturers and rubber blenders. The company was formerly … Read more
Lead Innovation Corp (LEIC) - Net Assets
Latest net assets as of August 2024: $128.13 Million USD
Based on the latest financial reports, Lead Innovation Corp (LEIC) has net assets worth $128.13 Million USD as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($137.52 Million) and total liabilities ($9.39 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 | $128.13 Million |
| % of Total Assets | 93.17% |
| Annual Growth Rate | 50.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 270.12 |
Lead Innovation Corp - Net Assets Trend (2010–2023)
This chart illustrates how Lead Innovation Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lead Innovation Corp (2010–2023)
The table below shows the annual net assets of Lead Innovation Corp from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-11-30 | $128.15 Million | +6.70% |
| 2022-11-30 | $120.11 Million | +14.90% |
| 2021-11-30 | $104.53 Million | +641.37% |
| 2020-11-30 | $14.10 Million | +2260.69% |
| 2019-11-30 | $-652.56K | -54.70% |
| 2018-11-30 | $-421.81K | -21.46% |
| 2017-11-30 | $-347.30K | -24.44% |
| 2016-11-30 | $-279.09K | -130.55% |
| 2011-11-30 | $913.63K | +39.34% |
| 2010-11-30 | $655.66K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lead Innovation Corp'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 1486823500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.26K | 0.00% |
| Other Comprehensive Income | $-61.88K | -0.05% |
| Other Components | $156.57 Million | 122.18% |
| Total Equity | $128.15 Million | 100.00% |
Lead Innovation Corp Competitors by Market Cap
The table below lists competitors of Lead Innovation Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
67GX
LSE:67GX
|
$3.89K |
|
K3 Business Technology Group PLC
LSE:KBT
|
$3.90K |
|
Gol Intelligent Airlines Inc
STU:GOQN
|
$3.90K |
|
Towellers Ltd
KAR:TOWL
|
$3.90K |
|
Aitken Spence Hotel Holdings PLC
CM:AHUNN0000
|
$3.89K |
|
Rizal Commercial Banking Corp
PSE:RCB
|
$3.88K |
|
North PetroVietnam Fertilizer & Chemicals JSC
VN:PMB
|
$3.88K |
|
Detalion Games S.A.
WAR:DEG
|
$3.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lead Innovation Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 120,106,197 to 128,154,620, a change of 8,048,423 (6.7%).
- Net loss of 363,260 reduced equity.
- Other factors increased equity by 8,411,683.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-363.26K | -0.28% |
| Other Changes | $8.41 Million | +6.56% |
| Total Change | $- | 6.70% |
Book Value vs Market Value Analysis
This analysis compares Lead Innovation Corp'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: 1.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-11-30 | $-0.65 | $0.42 | x |
| 2017-11-30 | $-0.79 | $0.42 | x |
| 2018-11-30 | $-0.96 | $0.42 | x |
| 2019-11-30 | $-1.48 | $0.42 | x |
| 2020-11-30 | $0.42 | $0.42 | x |
| 2021-11-30 | $0.20 | $0.42 | x |
| 2022-11-30 | $0.23 | $0.42 | x |
| 2023-11-30 | $0.24 | $0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lead Innovation Corp 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): -0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.77%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.08x
- Recent ROE (-0.28%) is above the historical average (-3.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -3018.61% | 0.04x | 0.00x | $-1.01 Million |
| 2011 | 0.00% | -286.54% | 0.05x | 0.00x | $-388.28K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-166.09K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.47K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.34K |
| 2019 | 0.00% | -0.01% | 0.95x | 0.00x | $65.12K |
| 2020 | -21.88% | -427.57% | 0.04x | 1.15x | $-4.50 Million |
| 2021 | -10.84% | -116.30% | 0.07x | 1.38x | $-21.78 Million |
| 2022 | -0.42% | -7.17% | 0.05x | 1.10x | $-12.51 Million |
| 2023 | -0.28% | -6.77% | 0.04x | 1.08x | $-13.18 Million |
Industry Comparison
This section compares Lead Innovation Corp's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lead Innovation Corp (LEIC) | $128.13 Million | 0.00% | 0.07x | $3.89K |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |