Next Meats Holdings Inc
Next Meats Holdings, Inc. focuses on the creation of plant-based meat products in Japan and internationally. It offers plant-based Yakiniku Short-rib and Skirt-steak, beef bowls, chicken, burger patties, pork, and tuna, as well as frozen and chilled products. The company was formerly known as Turnkey Solutions, Inc. Next Meats Holdings, Inc. was incorporated in 2020 and is headquartered in Shibuy… Read more
Next Meats Holdings Inc (NXMH) - Net Assets
Latest net assets as of April 2024: $-769.77K USD
Based on the latest financial reports, Next Meats Holdings Inc (NXMH) has net assets worth $-769.77K USD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($809.58K) and total liabilities ($1.58 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 | $-769.77K |
| % of Total Assets | -95.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 795.99 |
Next Meats Holdings Inc - Net Assets Trend (2020–2024)
This chart illustrates how Next Meats Holdings 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 Next Meats Holdings Inc (2020–2024)
The table below shows the annual net assets of Next Meats Holdings Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | $-769.77K | -1756.75% |
| 2023-04-30 | $46.46K | -99.05% |
| 2022-04-30 | $4.87 Million | -38.96% |
| 2021-04-30 | $7.99 Million | +491599.51% |
| 2020-04-30 | $-1.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Next Meats Holdings 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 decreased by 1234768000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $437.59K | % |
| Other Comprehensive Income | $-1.77 Million | % |
| Other Components | $12.93 Million | % |
| Total Equity | $-769.77K | 100.00% |
Next Meats Holdings Inc Competitors by Market Cap
The table below lists competitors of Next Meats Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Ocean Corporation Bhd
KLSE:0074
|
$2.27 Million |
|
Tourn International AB
ST:TOURN
|
$2.28 Million |
|
Semacom Integrated Tbk PT
JK:SEMA
|
$2.28 Million |
|
Daishin Balance 1
KQ:217270
|
$2.28 Million |
|
Strategic Env & Egy
OTCQB:SENR
|
$2.27 Million |
|
UPEXI INC. DL -001
F:7TQ
|
$2.27 Million |
|
Sacgasco Limited
PINK:SGCSF
|
$2.27 Million |
|
Geekco Technologies Corp
V:GKO
|
$2.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Next Meats Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,463 to -769,774, a change of -816,237 (-1756.7%).
- Net loss of 1,039,900 reduced equity.
- Other comprehensive income decreased equity by 281,567.
- Other factors increased equity by 505,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.04 Million | -135.09% |
| Other Comprehensive Income | $-281.57K | -36.58% |
| Other Changes | $505.23K | +65.63% |
| Total Change | $- | -1756.75% |
Book Value vs Market Value Analysis
This analysis compares Next Meats Holdings 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | $0.00 | $0.01 | x |
| 2021-04-30 | $0.00 | $0.01 | x |
| 2022-04-30 | $0.01 | $0.01 | x |
| 2023-04-30 | $0.00 | $0.01 | x |
| 2024-04-30 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Next Meats Holdings 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -106.03%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-2103.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-173.96K |
| 2021 | 0.00% | -84610.19% | 0.82x | 0.00x | $-5.88 Billion |
| 2022 | -118.90% | -83.39% | 1.21x | 1.18x | $-6.28 Million |
| 2023 | -10399.73% | -345.61% | 1.14x | 26.36x | $-4.84 Million |
| 2024 | 0.00% | -106.03% | 1.21x | 0.00x | $-962.92K |
Industry Comparison
This section compares Next Meats Holdings Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Next Meats Holdings Inc (NXMH) | $-769.77K | 0.00% | N/A | $2.27 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |