Parnell Pharmaceuticals Holdings Ltd

PINK:PARNF USA Drug Manufacturers - Specialty & Generic
Market Cap
$1.68 Million
Market Cap Rank
#48474 Global
#14894 in USA
Share Price
$0.08
Change (1 day)
+0.00%
52-Week Range
$0.08 - $0.08
All Time High
$4.54
About

Parnell Pharmaceuticals Holdings Ltd, a commercial-stage pharmaceutical company, focuses on developing, manufacturing, and marketing animal pharmaceutical products worldwide. The company operates through four segments: Companion Animal, Production Animal - U.S., Production Animal - Rest of World, and Manufacturing Operations. It markets various products, including estroPLAN and GONAbreed reproduc… Read more

Parnell Pharmaceuticals Holdings Ltd (PARNF) - Net Assets

Latest net assets as of September 2019: $0.00 USD

Based on the latest financial reports, Parnell Pharmaceuticals Holdings Ltd (PARNF) has net assets worth $0.00 USD as of September 2019.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($0.00). 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 $0.00
% of Total Assets 0%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change -1556.77%
Growth Volatility 390.64

Parnell Pharmaceuticals Holdings Ltd - Net Assets Trend (2011–2021)

This chart illustrates how Parnell Pharmaceuticals Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Parnell Pharmaceuticals Holdings Ltd (2011–2021)

The table below shows the annual net assets of Parnell Pharmaceuticals Holdings Ltd from 2011 to 2021.

Year Net Assets Change
2021-12-31 $-34.79 Million -9.21%
2020-12-31 $-31.85 Million -21.46%
2019-12-31 $-26.23 Million -41.55%
2018-12-31 $-18.53 Million -63.72%
2017-12-31 $-11.32 Million -240.34%
2016-12-31 $8.06 Million -60.19%
2015-12-31 $20.25 Million -19.26%
2014-12-31 $25.09 Million +950.46%
2013-12-31 $2.39 Million 0.00%
2012-12-31 $2.39 Million -63.70%
2011-12-31 $6.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to Parnell Pharmaceuticals Holdings Ltd'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 3415.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2021)

Component Amount Percentage
Common Stock $68.01 Million %
Other Comprehensive Income $-863.74K %
Total Equity $-34.79 Million 100.00%

Parnell Pharmaceuticals Holdings Ltd Competitors by Market Cap

The table below lists competitors of Parnell Pharmaceuticals Holdings Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Parnell Pharmaceuticals Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2020 to 2021, total equity changed from -31,854,813 to -34,788,227, a change of -2,933,414.
  • Net loss of 1,419,593 reduced equity.
  • Other comprehensive income decreased equity by 6,008,594.
  • Other factors increased equity by 4,494,773.

Equity Change Factors (2020 to 2021)

Factor Impact Contribution
Net Income $-1.42 Million -4.08%
Other Comprehensive Income $-6.01 Million -17.27%
Other Changes $4.49 Million +12.92%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares Parnell Pharmaceuticals Holdings Ltd'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
2011-12-31 $0.87 $0.08 x
2013-12-31 $0.29 $0.08 x
2014-12-31 $-2.64 $0.08 x
2015-12-31 $1.52 $0.08 x
2016-12-31 $0.51 $0.08 x
2017-12-31 $-0.62 $0.08 x
2018-12-31 $-1.02 $0.08 x
2019-12-31 $-1.46 $0.08 x
2020-12-31 $-1.72 $0.08 x
2021-12-31 $-1.20 $0.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Parnell Pharmaceuticals Holdings Ltd 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: -4.16%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-48.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 1.02% 0.53% 0.47x 4.06x $-590.53K
2013 -145.65% -29.62% 0.37x 13.22x $-3.72 Million
2014 0.00% -177.04% 0.25x 0.00x $-15.35 Million
2015 -67.82% -69.05% 0.43x 2.28x $-15.76 Million
2016 -269.00% -108.65% 0.42x 5.90x $-22.50 Million
2017 0.00% -120.92% 0.63x 0.00x $-22.00 Million
2018 0.00% 0.49% 0.79x 0.00x $1.98 Million
2019 0.00% -24.77% 0.74x 0.00x $-4.56 Million
2020 0.00% -50.20% 0.74x 0.00x $-11.88 Million
2021 0.00% -4.16% 0.85x 0.00x $2.06 Million

Industry Comparison

This section compares Parnell Pharmaceuticals Holdings Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $548,450,613
  • Average return on equity (ROE) among peers: -450.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Parnell Pharmaceuticals Holdings Ltd (PARNF) $0.00 1.02% N/A $742.72
Ascend Wellness Holdings Inc (AAWH) $142.87 Million -33.75% 5.44x $48.90 Million
AB Science S.A (ABSCF) $10.73 Million -252.65% 3.71x $39.89 Million
Alterola Biotech Inc (ABTI) $4.85K -2005.32% 0.49x $603.58K
Aurora Cannabis Inc (ACB) $2.04 Billion -34.08% 0.34x $199.15 Million
Acreage Holdings Inc (ACRDF) $204.27 Million -30.85% 1.41x $13.48K
Acura Pharmaceuticals Inc (ACUR) $7.90 Million -63.15% 1.15x $13.20K
Agra Ventures Ltd. (AGFAF) $1.51 Million -44.22% 0.06x $298.23K
Allergy Therapeutics plc (AGYTF) $2.07 Million -2084.75% 31.32x $25.30 Million
Aida Pharmaceuticals Inc (AIDA) $6.67 Million 24.51% 2.78x $1.80
Adcock Ingram Holdings Limited (AIHLF) $3.07 Billion 20.55% 0.55x $85.61 Million