Organic Agricultural Company Limited
Organic Agricultural Company Limited, through its subsidiaries, processes and sells food products in the People's Republic of China. It sells selenium-enriched paddy rice products, coarse cereals, red beans, millet, and other agricultural products. The company was incorporated in 2018 and is headquartered in Harbin, China.
Organic Agricultural Company Limited (OGAA) - Net Assets
Latest net assets as of December 2023: $363.07K USD
Based on the latest financial reports, Organic Agricultural Company Limited (OGAA) has net assets worth $363.07K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($564.26K) and total liabilities ($201.19K). 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 | $363.07K |
| % of Total Assets | 64.34% |
| Annual Growth Rate | -33.84% |
| 5-Year Change | -97.44% |
| 10-Year Change | N/A |
| Growth Volatility | 68.97 |
Organic Agricultural Company Limited - Net Assets Trend (2017–2024)
This chart illustrates how Organic Agricultural Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Organic Agricultural Company Limited (2017–2024)
The table below shows the annual net assets of Organic Agricultural Company Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $23.23K | 0.00% |
| 2023-03-31 | $23.23K | -92.36% |
| 2022-03-31 | $303.88K | +339.63% |
| 2021-03-31 | $-126.81K | -114.00% |
| 2020-03-31 | $905.85K | +59.19% |
| 2019-03-31 | $569.05K | -19.51% |
| 2018-03-31 | $706.99K | +68.78% |
| 2017-03-31 | $418.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Organic Agricultural Company Limited'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 403231300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $93.73K | 403.54% |
| Other Comprehensive Income | $-25.94K | -111.70% |
| Other Components | $4.32 Million | 18579.66% |
| Total Equity | $23.23K | 100.00% |
Organic Agricultural Company Limited Competitors by Market Cap
The table below lists competitors of Organic Agricultural Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meganet Corp
PINK:MGNT
|
$9.28K |
|
Elaia Investment Spain Socimi SA
MC:YEIS
|
$9.29K |
|
EGIDE (EGID.SG)
STU:EGID
|
$9.29K |
|
MB Securities JSC
VN:MBS
|
$9.30K |
|
Gadoon Textile Mills Ltd
KAR:GADT
|
$9.25K |
|
Third Millennium Industries Inc
PINK:TMLL
|
$9.24K |
|
ARC GROUP WORLDWIDE (ZZ7B.SG)
STU:ZZ7B
|
$9.24K |
|
FREEGOLD VENT
BE:FR4N
|
$9.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Organic Agricultural Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,226 to 23,226, a change of 0 (0.0%).
- Net loss of 559,126 reduced equity.
- Other comprehensive income decreased equity by 25,944.
- Other factors increased equity by 585,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-559.13K | -2407.33% |
| Other Comprehensive Income | $-25.94K | -111.7% |
| Other Changes | $585.07K | +2519.03% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Organic Agricultural Company Limited'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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.09x to 1.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $0.01 | $0.00 | x |
| 2018-03-31 | $0.00 | $0.00 | x |
| 2019-03-31 | $0.05 | $0.00 | x |
| 2020-03-31 | $0.01 | $0.00 | x |
| 2021-03-31 | $0.00 | $0.00 | x |
| 2022-03-31 | $0.00 | $0.00 | x |
| 2023-03-31 | $0.00 | $0.00 | x |
| 2024-03-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Organic Agricultural Company Limited 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): -2407.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -250.69%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 10.23x
- Recent ROE (-2407.33%) is below the historical average (-664.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 31.85% | 19.89% | 0.44x | 3.65x | $66.62K |
| 2018 | -21.51% | -12.32% | 0.21x | 8.34x | $-68.38K |
| 2019 | -159.90% | -80.47% | 1.18x | 1.68x | $-960.42K |
| 2020 | -53.81% | -46.90% | 0.34x | 3.33x | $-562.72K |
| 2021 | 0.00% | -733.95% | 0.54x | 0.00x | $-918.86K |
| 2022 | -299.96% | -360.38% | 0.41x | 2.05x | $-1.16 Million |
| 2023 | -2407.33% | -250.69% | 0.94x | 10.23x | $-561.45K |
| 2024 | -2407.33% | -250.69% | 0.94x | 10.23x | $-561.45K |
Industry Comparison
This section compares Organic Agricultural Company Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Organic Agricultural Company Limited (OGAA) | $363.07K | 31.85% | 0.55x | $9.27K |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |