ME Renewable Power Corporation
ME Renewable Power Corporation does not have significant operations. It seeks to consummate a merger or acquisition. The company was formerly known as Jarex Solutions Corp. and changed its name to ME Renewable Power Corporation in May 2016. ME Renewable Power Corporation was founded in 2014 and is based in Kajang, Malaysia. As of April 25, 2022, ME Renewable Power Corporation operates as a subsid… Read more
ME Renewable Power Corporation (MEPW) - Net Assets
Latest net assets as of March 2022: $-43.59K USD
Based on the latest financial reports, ME Renewable Power Corporation (MEPW) has net assets worth $-43.59K USD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($43.59K). 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 | $-43.59K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 308.89 |
ME Renewable Power Corporation - Net Assets Trend (2014–2021)
This chart illustrates how ME Renewable Power Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ME Renewable Power Corporation (2014–2021)
The table below shows the annual net assets of ME Renewable Power Corporation from 2014 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-42.12K | +44.24% |
| 2020-12-31 | $-75.53K | -20.69% |
| 2019-12-31 | $-62.59K | -11.87% |
| 2018-12-31 | $-55.95K | -13.47% |
| 2017-12-31 | $-49.30K | -107.29% |
| 2016-12-31 | $-23.79K | -641.45% |
| 2015-12-31 | $4.39K | -23.68% |
| 2014-12-31 | $5.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ME Renewable Power Corporation'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 9396300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.74K | % |
| Other Components | $29.35K | % |
| Total Equity | $-42.12K | 100.00% |
ME Renewable Power Corporation Competitors by Market Cap
The table below lists competitors of ME Renewable Power Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Namwiwat Medical
BK:NAM
|
$8.87 Million |
|
Jindalee Resources Limited
OTCQX:JNDAF
|
$8.87 Million |
|
Engenco Ltd
AU:EGN
|
$8.87 Million |
|
YD More Investments Ltd
TA:MRIN
|
$8.88 Million |
|
Phoenix Materials Co. Ltd
KQ:050090
|
$8.87 Million |
|
Copperwired Public Company Limited
BK:CPW
|
$8.87 Million |
|
White Horse Bhd
KLSE:5009
|
$8.87 Million |
|
Berkah Beton Sadaya Tbk PT
JK:BEBS
|
$8.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ME Renewable Power Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -75,532 to -42,120, a change of 33,412.
- Net income of 33,412 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.41K | +79.33% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ME Renewable Power Corporation'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 |
|---|---|---|---|
| 2014-12-31 | $0.00 | $1.30 | x |
| 2015-12-31 | $0.00 | $1.30 | x |
| 2016-12-31 | $0.00 | $1.30 | x |
| 2017-12-31 | $-0.01 | $1.30 | x |
| 2018-12-31 | $-0.01 | $1.30 | x |
| 2019-12-31 | $-0.01 | $1.30 | x |
| 2020-12-31 | $0.00 | $1.30 | x |
| 2021-12-31 | $0.00 | $1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ME Renewable Power Corporation 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 above the historical average (-85.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -25.43% | 0.00% | 0.00x | 1.05x | $-2.04K |
| 2015 | -657.02% | -721.58% | 0.26x | 3.52x | $-29.30K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-36.87K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.11K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.05K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-381.50 |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $1.51K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $37.62K |
Industry Comparison
This section compares ME Renewable Power Corporation'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 |
|---|---|---|---|---|
| ME Renewable Power Corporation (MEPW) | $-43.59K | -25.43% | N/A | $8.87 Million |
| 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 |