PRCRF
Procurri Corporation Limited, an investment holding company, provides information technology (IT) solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company operates through three segments: Hardware Business, Lifecycle Services Business, and Third Party Maintenance Business. It distributes IT hardware products, including pre-owned servers, storage, and networkin… Read more
PRCRF (PRCRF) - Net Assets
Latest net assets as of June 2025: $46.21 Million USD
Based on the latest financial reports, PRCRF (PRCRF) has net assets worth $46.21 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($115.86 Million) and total liabilities ($69.65 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 | $46.21 Million |
| % of Total Assets | 39.88% |
| Annual Growth Rate | -1.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.97 |
PRCRF - Net Assets Trend (2020–2024)
This chart illustrates how PRCRF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PRCRF (2020–2024)
The table below shows the annual net assets of PRCRF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $49.51 Million | +2.06% |
| 2023-12-31 | $48.51 Million | -6.86% |
| 2022-12-31 | $52.08 Million | -5.49% |
| 2021-12-31 | $55.11 Million | +4.96% |
| 2020-12-31 | $52.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PRCRF'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 37.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.36 Million | 31.02% |
| Other Components | $34.15 Million | 68.98% |
| Total Equity | $49.51 Million | 100.00% |
PRCRF Competitors by Market Cap
The table below lists competitors of PRCRF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANORF
PINK:ANORF
|
$3.30 Million |
|
FIN Resources Ltd
AU:FIN
|
$3.30 Million |
|
NEWMARK SECURITY LS-005
F:NN10
|
$3.30 Million |
|
Original Juice Co. Ltd.
AU:OJC
|
$3.30 Million |
|
Rivalry Corp
OTCQX:RVLCF
|
$3.30 Million |
|
LuxUrban Hotels Inc.
NASDAQ:LUXH
|
$3.30 Million |
|
Skyfii Limited
PINK:SFIIF
|
$3.30 Million |
|
Haoxi Health Technology Limited Class A Ordinary Shares
NASDAQ:HAO
|
$3.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PRCRF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,508,000 to 49,508,000, a change of 1,000,000 (2.1%).
- Net income of 402,000 contributed positively to equity growth.
- Other factors increased equity by 598,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $402.00K | +0.81% |
| Other Changes | $598.00K | +1.21% |
| Total Change | $- | 2.06% |
Book Value vs Market Value Analysis
This analysis compares PRCRF'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: 0.87x
- 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.
- The price-to-book ratio has increased from 0.74x to 0.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.18 | $0.13 | x |
| 2021-12-31 | $0.19 | $0.13 | x |
| 2022-12-31 | $0.18 | $0.13 | x |
| 2023-12-31 | $0.15 | $0.13 | x |
| 2024-12-31 | $0.15 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PRCRF 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): 0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.21%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 2.51x
- Recent ROE (0.81%) is above the historical average (-1.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 5.13% | 1.15% | 1.80x | 2.47x | $-2.55 Million |
| 2021 | 3.93% | 0.87% | 1.84x | 2.47x | $-3.34 Million |
| 2022 | -0.34% | -0.07% | 1.93x | 2.49x | $-5.39 Million |
| 2023 | -17.46% | -4.29% | 1.72x | 2.37x | $-13.32 Million |
| 2024 | 0.81% | 0.21% | 1.54x | 2.51x | $-4.55 Million |
Industry Comparison
This section compares PRCRF's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $10,793,512,986
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PRCRF (PRCRF) | $46.21 Million | 5.13% | 1.51x | $3.30 Million |
| ADDvantage Technologies Group Inc (AEYGQ) | $14.93 Million | -116.07% | 1.18x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.68 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.85 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $287.93 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $608.44 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $3.93 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.99 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.98 |