Enerkon Solar International Inc
New Technology Acquisition Holdings, Inc. operates as a scientific, research, and development company. It holds intellectual property rights related to compression technology, encryption, and other technology connected to defense, bio-tech, agri-tech, geno-tech, artificial intelligence, and related disciplines. The company was formerly known as Enerkon Solar International, Inc. and changed its na… Read more
Enerkon Solar International Inc (NTAC) - Net Assets
Latest net assets as of September 2023: $236.83 Million USD
Based on the latest financial reports, Enerkon Solar International Inc (NTAC) has net assets worth $236.83 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 ($239.66 Million) and total liabilities ($2.84 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 | $236.83 Million |
| % of Total Assets | 98.82% |
| Annual Growth Rate | 30.72% |
| 5-Year Change | 1084.91% |
| 10-Year Change | 67753.94% |
| Growth Volatility | 1065.04 |
Enerkon Solar International Inc - Net Assets Trend (2000–2023)
This chart illustrates how Enerkon Solar International 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 Enerkon Solar International Inc (2000–2023)
The table below shows the annual net assets of Enerkon Solar International Inc from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $236.83 Million | +38.69% |
| 2022-09-30 | $170.76 Million | +427.37% |
| 2021-09-30 | $32.38 Million | -22.18% |
| 2020-09-30 | $41.61 Million | +108.17% |
| 2019-09-30 | $19.99 Million | +250.77% |
| 2018-09-30 | $5.70 Million | +4032.13% |
| 2017-09-30 | $137.90K | -41.77% |
| 2016-09-30 | $236.79K | -48.60% |
| 2015-09-30 | $460.65K | +31.98% |
| 2014-09-30 | $349.03K | -8.52% |
| 2013-09-30 | $381.54K | -18.10% |
| 2012-09-30 | $465.89K | -64.29% |
| 2001-09-30 | $1.30 Million | +160.82% |
| 2000-09-30 | $500.16K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enerkon Solar International 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 grown by 6477491000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $64.54 Million | 27.20% |
| Common Stock | $214.08K | 0.09% |
| Other Comprehensive Income | $-214.08K | -0.09% |
| Other Components | $172.70 Million | 72.80% |
| Total Equity | $237.24 Million | 100.00% |
Enerkon Solar International Inc Competitors by Market Cap
The table below lists competitors of Enerkon Solar International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Draxos Capital Corp.
V:DRAX-P
|
$7.76K |
|
ADC
VN:ADC
|
$7.76K |
|
Elys Game Technology Corp
PINK:ELYS
|
$7.76K |
|
Transportation&Trading Services JSC
VN:TJC
|
$7.76K |
|
GMAT3F
SA:GMAT3F
|
$7.75K |
|
RENEWABLES INFRASTRUCTURE
F:R7I
|
$7.74K |
|
Sevenet
WAR:SEV
|
$7.74K |
|
York Arcade Holdings PLC
CM:YORKN0000
|
$7.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enerkon Solar International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 170,722,335 to 237,238,395, a change of 66,516,060 (39.0%).
- Net income of 26,972,000 contributed positively to equity growth.
- Other factors increased equity by 39,544,060.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.97 Million | +11.37% |
| Other Changes | $39.54 Million | +16.67% |
| Total Change | $- | 38.96% |
Book Value vs Market Value Analysis
This analysis compares Enerkon Solar International 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: 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 |
|---|---|---|---|
| 2000-09-30 | $0.07 | $0.00 | x |
| 2001-09-30 | $0.14 | $0.00 | x |
| 2012-09-30 | $0.01 | $0.00 | x |
| 2013-09-30 | $0.01 | $0.00 | x |
| 2014-09-30 | $0.01 | $0.00 | x |
| 2015-09-30 | $0.01 | $0.00 | x |
| 2016-09-30 | $0.01 | $0.00 | x |
| 2017-09-30 | $0.00 | $0.00 | x |
| 2018-09-30 | $0.11 | $0.00 | x |
| 2019-09-30 | $0.37 | $0.00 | x |
| 2020-09-30 | $0.63 | $0.00 | x |
| 2021-09-30 | $0.66 | $0.00 | x |
| 2022-09-30 | $1.99 | $0.00 | x |
| 2023-09-30 | $2.77 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enerkon Solar International 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): 11.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.22%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.01x
- Recent ROE (11.37%) is above the historical average (-8.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.60% | 2.57% | 3.62x | 2.43x | $62.79K |
| 2001 | -23.74% | -17.57% | 0.91x | 1.48x | $-324.04K |
| 2012 | 17.27% | 0.00% | 0.00x | 1.00x | $33.86K |
| 2013 | -16.26% | 0.00% | 0.00x | 1.00x | $-100.20K |
| 2014 | -7.08% | -123.53% | 0.06x | 1.01x | $-59.61K |
| 2015 | -44.17% | -4882.94% | 0.01x | 1.04x | $-249.54K |
| 2016 | -117.63% | -3322.02% | 0.03x | 1.16x | $-302.23K |
| 2017 | -71.72% | -141.87% | 0.43x | 1.16x | $-112.69K |
| 2018 | 32.40% | 9.74% | 0.21x | 16.17x | $1.28 Million |
| 2019 | 70.86% | 18.63% | 0.97x | 3.94x | $12.16 Million |
| 2020 | 51.96% | 18.26% | 1.23x | 2.32x | $17.46 Million |
| 2021 | -43.28% | -13.37% | 2.73x | 1.19x | $-17.25 Million |
| 2022 | 3.52% | 42.69% | 0.08x | 1.01x | $-11.07 Million |
| 2023 | 11.37% | 45.22% | 0.25x | 1.01x | $3.25 Million |
Industry Comparison
This section compares Enerkon Solar International Inc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $772,489,888
- Average return on equity (ROE) among peers: -12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enerkon Solar International Inc (NTAC) | $236.83 Million | 22.60% | 0.01x | $7.76K |
| All American Pet Co (AAPT) | $-1.12 Million | 0.00% | 0.00x | $0.97 |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.27 Billion |
| ADM Endeavors Inc (ADMQ) | $284.02K | -124.30% | 3.55x | $3.87 Million |
| Amentum Holdings Inc. (AMTM) | $4.55 Billion | -1.80% | 1.63x | $4.20 Billion |
| Anacomp Inc (ANMP) | $101.14 Million | -0.68% | 0.63x | $976.94K |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $5.65 Million | 2.35% | 0.50x | $30.94 Million |
| Applus Services S.A (APLUF) | $642.95 Million | 7.56% | 2.78x | $16.82 Million |
| ARC Document Solutions Inc (ARC) | $-35.01 Million | 0.00% | 0.00x | $110.98 Million |
| Aramark Holdings (ARMK) | $2.75 Billion | -16.80% | 4.72x | $10.51 Billion |
| Atento S.A. (ATTOF) | $-348.87 Million | 0.00% | 0.00x | $945.48 |