Profitable Develop
Profitable Developments, Inc. operates as a property development company. It is involved in the acquisition of financially distressed properties; the short and long term rental of properties; and the development of commercial property upon land, which was sold due to financial distress. The company was formerly known as Stratton Holdings, Inc. and changed its name to Profitable Developments, Inc.… Read more
Profitable Develop (PRDL) - Net Assets
Latest net assets as of June 2024: $-122.00K USD
Based on the latest financial reports, Profitable Develop (PRDL) has net assets worth $-122.00K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.24K) and total liabilities ($126.25K). 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 | $-122.00K |
| % of Total Assets | -2874.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 130850.76 |
Profitable Develop - Net Assets Trend (2010–2023)
This chart illustrates how Profitable Develop's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Profitable Develop (2010–2023)
The table below shows the annual net assets of Profitable Develop from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-108.13K | -33.89% |
| 2022-12-31 | $-80.76K | -261977.43% |
| 2013-12-31 | $30.84 | +100.02% |
| 2012-12-31 | $-195.32K | -330.33% |
| 2011-12-31 | $-45.39K | -275.91% |
| 2010-12-31 | $25.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Profitable Develop'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 91314800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $498.97K | % |
| Other Comprehensive Income | $-498.97K | % |
| Other Components | $1.73 Million | % |
| Total Equity | $-108.13K | 100.00% |
Profitable Develop Competitors by Market Cap
The table below lists competitors of Profitable Develop ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ecom Products Group Corporation
PINK:EPGC
|
$1.95 |
|
Manthey Redmond Corp
PINK:MHYR
|
$1.95 |
|
AJ1G Inc
PINK:AJYG
|
$1.95 |
|
TransGlobal Assets Inc
PINK:TMSH
|
$1.95 |
|
Ballistic Recovery Systems Inc
PINK:BRSI
|
$1.94 |
|
Big Buck Brewery & Steakhouse Inc
PINK:BBUCQ
|
$1.94 |
|
Bowmo Inc
PINK:BOMO
|
$1.94 |
|
Benchmark Energy Corporation
PINK:GPLL
|
$1.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Profitable Develop's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -80,763 to -108,130, a change of -27,367.
- Net loss of 27,367 reduced equity.
- Other comprehensive income decreased equity by 2,252,679.
- Other factors increased equity by 2,252,679.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-27.37K | -25.31% |
| Other Comprehensive Income | $-2.25 Million | -2083.31% |
| Other Changes | $2.25 Million | +2083.31% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Profitable Develop'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 |
|---|---|---|---|
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Profitable Develop 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-96.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -578.42% | -2427.11% | 0.07x | 3.54x | $-151.82K |
| 2011 | 0.00% | -63975.73% | 0.00x | 0.00x | $-280.15K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-132.94K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-181.06 |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.69K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.55K |
Industry Comparison
This section compares Profitable Develop's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Profitable Develop (PRDL) | $-122.00K | -578.42% | N/A | $1.94 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |