New Oriental Energy
New Oriental Energy & Chemical Corp., together with its subsidiaries, engages in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China. The company offers urea and coal-based chemicals, including ammonium bicarbonate and liquid ammonia used for nitrogenous fertilizers, and as a raw material for chemical products. It also provides methanol used in t… Read more
New Oriental Energy (NOEC) - Net Assets
Latest net assets as of December 2010: $2.93 Million USD
Based on the latest financial reports, New Oriental Energy (NOEC) has net assets worth $2.93 Million USD as of December 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($54.31 Million) and total liabilities ($51.39 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 | $2.93 Million |
| % of Total Assets | 5.39% |
| Annual Growth Rate | 186.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 27589.59 |
New Oriental Energy - Net Assets Trend (2006–2010)
This chart illustrates how New Oriental Energy's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Oriental Energy (2006–2010)
The table below shows the annual net assets of New Oriental Energy from 2006 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-03-31 | $1.23 Million | -91.26% |
| 2009-03-31 | $14.02 Million | -18.92% |
| 2008-03-31 | $17.29 Million | +48.94% |
| 2007-03-31 | $11.61 Million | +63694.91% |
| 2006-03-31 | $18.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Oriental Energy'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 581545200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2010)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.64K | 1.03% |
| Other Comprehensive Income | $2.54 Million | 207.51% |
| Other Components | $4.57 Million | 373.18% |
| Total Equity | $1.23 Million | 100.00% |
New Oriental Energy Competitors by Market Cap
The table below lists competitors of New Oriental Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shengkai Innovations Inc
PINK:VALV
|
$0.91 |
|
Strattner Financial Group Corp
PINK:SCNG
|
$0.91 |
|
Signature Devices
PINK:SDVI
|
$0.91 |
|
China Clean Energy
PINK:CCGY
|
$0.91 |
|
China Mulans Nano Technology Corp. Ltd
PINK:CMNT
|
$0.91 |
|
Ember Therapeutics Inc
PINK:EMBT
|
$0.91 |
|
GeckoSystems International Corp
PINK:GOSY
|
$0.91 |
|
Meltronix Inc
PINK:MTNX
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Oriental Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from 14,018,267 to 1,225,480, a change of -12,792,787 (-91.3%).
- Net loss of 12,800,854 reduced equity.
- Other comprehensive income increased equity by 8,067.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.80 Million | -1044.56% |
| Other Comprehensive Income | $8.07K | +0.66% |
| Total Change | $- | -91.26% |
Book Value vs Market Value Analysis
This analysis compares New Oriental Energy'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | $0.00 | $0.00 | x |
| 2007-03-31 | $1.17 | $0.00 | x |
| 2008-03-31 | $1.37 | $0.00 | x |
| 2009-03-31 | $1.11 | $0.00 | x |
| 2010-03-31 | $0.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Oriental Energy 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): -1044.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.43%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 50.74x
- Recent ROE (-1044.56%) is below the historical average (-272.64%), 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 | -341.52% | -75331.03% | 0.00x | 1.00x | $-67.46K |
| 2007 | 26.00% | 7.87% | 1.14x | 2.89x | $1.86 Million |
| 2008 | 23.50% | 5.99% | 1.34x | 2.94x | $2.33 Million |
| 2009 | -26.60% | -7.10% | 0.90x | 4.15x | $-5.13 Million |
| 2010 | -1044.56% | -39.43% | 0.52x | 50.74x | $-12.92 Million |
Industry Comparison
This section compares New Oriental Energy's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,854,200,650
- Average return on equity (ROE) among peers: -39.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Oriental Energy (NOEC) | $2.93 Million | -341.52% | 17.56x | $0.91 |
| Argo Living Soils Corp (ARLSF) | $382.99K | -113.07% | 0.14x | $4.77 Million |
| American Vanguard Corporation (AVD) | $3.80 Million | 26.32% | 1.50x | $80.26 Million |
| Bee Vectoring Technologies International Inc (BEVVF) | $2.35 Million | -111.28% | 0.10x | $47.51K |
| Benson Hill, Inc. Common Stock (BHIL) | $86.04 Million | -134.02% | 2.19x | $178.85K |
| BHILW (BHILW) | $132.68 Million | -50.62% | 0.75x | $286.16K |
| Bioceres Crop Solutions Corp (BIOX) | $158.30 Million | -4.55% | 2.27x | $14.65 Million |
| CO2 Gro Inc (BLONF) | $1.02 Million | -97.35% | 0.30x | $154.65K |
| China BlueChemical Ltd (CBLUF) | $13.57 Billion | 14.64% | 0.21x | $484.41 Million |
| CF Industries Holdings Inc (CF) | $4.57 Billion | 30.40% | 1.48x | $15.33 Billion |
| China Green Agriculture Inc (CGA) | $17.26 Million | 45.06% | 1.87x | $14.93 Million |