Onion Global Limited
Onion Global Limited operates a platform that incubates, markets, and distributes fashionable and future brands in China and internationally. Its platform comprises brand partners that offer various categories of lifestyle products, including beauty products, maternal and baby products, food and beverages, fast fashion, and wellness products. The company was incorporated in 2009 and is based in G… Read more
Onion Global Limited (OGBLY) - Net Assets
Latest net assets as of June 2022: $860.72 Million USD
Based on the latest financial reports, Onion Global Limited (OGBLY) has net assets worth $860.72 Million USD as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.24 Billion) and total liabilities ($376.96 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 | $860.72 Million |
| % of Total Assets | 69.54% |
| Annual Growth Rate | 98.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.21 |
Onion Global Limited - Net Assets Trend (2018–2021)
This chart illustrates how Onion Global 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 Onion Global Limited (2018–2021)
The table below shows the annual net assets of Onion Global Limited from 2018 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $991.87 Million | +124.45% |
| 2020-12-31 | $441.91 Million | +92.52% |
| 2019-12-31 | $229.54 Million | +81.51% |
| 2018-12-31 | $126.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onion Global 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 5277600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 0.00% |
| Other Comprehensive Income | $6.73 Million | 0.68% |
| Other Components | $1.74 Billion | 177.12% |
| Total Equity | $982.89 Million | 100.00% |
Onion Global Limited Competitors by Market Cap
The table below lists competitors of Onion Global Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POU SHENG INTL
BE:P5C
|
$508.01 |
|
CENTRAL PETROLEUM (C9J.SG)
STU:C9J
|
$508.07 |
|
Vox Valor Capital Ltd.
LSE:VOX
|
$508.55 |
|
Bay Capital PLC
LSE:BAY
|
$508.89 |
|
Ghani Gases Ltd
KAR:GGL
|
$507.42 |
|
Amreli Steels Ltd
KAR:ASTL
|
$507.36 |
|
Tissue Regenix Group Plc
LSE:TRX
|
$507.31 |
|
Integrated Micro-Electronics Inc
PSE:IMI
|
$506.24 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onion Global Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 436,311,000 to 982,889,000, a change of 546,578,000 (125.3%).
- Net loss of 356,217,000 reduced equity.
- New share issuances of 556,958,000 increased equity.
- Other comprehensive income decreased equity by 3,822,000.
- Other factors increased equity by 349,659,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-356.22 Million | -36.24% |
| Share Issuances | $556.96 Million | +56.67% |
| Other Comprehensive Income | $-3.82 Million | -0.39% |
| Other Changes | $349.66 Million | +35.57% |
| Total Change | $- | 125.27% |
Book Value vs Market Value Analysis
This analysis compares Onion Global 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: 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 |
|---|---|---|---|
| 2018-12-31 | $0.14 | $0.00 | x |
| 2019-12-31 | $0.28 | $0.00 | x |
| 2020-12-31 | $0.47 | $0.00 | x |
| 2021-12-31 | $1.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onion Global 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): -36.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.93%
- • Asset Turnover: 1.75x
- • Equity Multiplier: 1.49x
- Recent ROE (-36.24%) is below the historical average (-4.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -76.49% | -5.23% | 3.53x | 4.14x | $-106.75 Million |
| 2019 | 45.65% | 3.62% | 3.13x | 4.02x | $80.59 Million |
| 2020 | 48.05% | 5.50% | 3.60x | 2.43x | $166.03 Million |
| 2021 | -36.24% | -13.93% | 1.75x | 1.49x | $-454.51 Million |
Industry Comparison
This section compares Onion Global Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onion Global Limited (OGBLY) | $860.72 Million | -76.49% | 0.44x | $507.81 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |