Optec International Inc
Optec International, Inc. engages in selling and marketing optimized fuel maximizer units in North America and internationally. It markets optimized fuel maximizer for passenger vehicles, intermediate/medium duty trucks, off-road equipment, generator systems, heavy duty diesel on-road vehicles, and transportation refrigeration units. The company was formerly known as Green Meadow Products, Inc. a… Read more
Optec International Inc (OPTI) - Net Assets
Latest net assets as of December 2022: $1.31 Million USD
Based on the latest financial reports, Optec International Inc (OPTI) has net assets worth $1.31 Million USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.32 Million) and total liabilities ($16.01 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 | $1.31 Million |
| % of Total Assets | 7.54% |
| Annual Growth Rate | 37.22% |
| 5-Year Change | N/A |
| 10-Year Change | 6206.0% |
| Growth Volatility | 3767.33 |
Optec International Inc - Net Assets Trend (2013–2023)
This chart illustrates how Optec 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 Optec International Inc (2013–2023)
The table below shows the annual net assets of Optec International Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $1.31 Million | 0.00% |
| 2022-12-31 | $1.31 Million | -25.66% |
| 2022-06-30 | $1.76 Million | 0.00% |
| 2021-12-31 | $1.76 Million | +127.27% |
| 2020-06-30 | $-6.44 Million | 0.00% |
| 2019-12-31 | $-6.44 Million | -463.53% |
| 2018-06-30 | $-1.14 Million | 0.00% |
| 2017-12-31 | $-1.14 Million | -10791.30% |
| 2016-12-31 | $10.69K | -48.36% |
| 2015-12-31 | $20.70K | -61.40% |
| 2014-12-31 | $53.63K | -17.10% |
| 2013-12-31 | $64.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Optec 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 decreased by 107611.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.73 Million | 285.41% |
| Other Components | $9.66 Million | 740.39% |
| Total Equity | $1.31 Million | 100.00% |
Optec International Inc Competitors by Market Cap
The table below lists competitors of Optec International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
byNordic Acquisition Corporation Warrant
PINK:BYNOW
|
$20.16K |
|
Reliq Health Technologies Inc
PINK:RQHTF
|
$20.17K |
|
Shringar House of Mangalsutra Limited
NSE:SHRINGARMS
|
$20.17K |
|
Buscar Co
PINK:CGLD
|
$20.18K |
|
ASANKO GOLD
BE:B7U
|
$20.14K |
|
STHREE
BE:S8T
|
$20.13K |
|
Automatyka Pomiary Sterowanie SA
WAR:APS
|
$20.13K |
|
Pakistan Oilfields Ltd
KAR:POL
|
$20.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optec International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,305,278 to 1,305,278, a change of 0 (0.0%).
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Optec 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: 5.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.07x to 5.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $-0.08 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optec 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): -103.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.74%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 13.27x
- Recent ROE (-103.51%) is below the historical average (-15.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 38.86% | 56.31% | 0.67x | 1.03x | $18.67K |
| 2014 | -20.62% | -25.67% | 0.80x | 1.01x | $-16.42K |
| 2015 | -159.09% | -106.66% | 1.20x | 1.24x | $-35.00K |
| 2016 | -93.67% | -41.37% | 1.37x | 1.65x | $-11.08K |
| 2017 | 0.00% | -1449.84% | 0.15x | 0.00x | $-1.21 Million |
| 2019 | 0.00% | -118.64% | 1.04x | 0.00x | $-555.84K |
| 2021 | 212.17% | 65.29% | 0.33x | 9.86x | $3.55 Million |
| 2022 | -103.51% | -61.74% | 0.13x | 13.27x | $-1.48 Million |
Industry Comparison
This section compares Optec International Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optec International Inc (OPTI) | $1.31 Million | 38.86% | 12.27x | $20.14K |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |