ProtoSource Corporation
ProtoSource Corporation, doing business as Software Solutions Company, converts print content to Web content. It involves in the mining and database management of print, graphic, and data content for the publishing industry, as well as the distribution of content via the Internet. The company also provides bilingual technical support services, Web-hosting, and Internet connectivity. It serves ret… Read more
ProtoSource Corporation (PSCO) - Net Assets
Latest net assets as of June 2024: $-118.24K USD
Based on the latest financial reports, ProtoSource Corporation (PSCO) has net assets worth $-118.24K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.87K) and total liabilities ($136.11K). 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 | $-118.24K |
| % of Total Assets | -661.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -136.97% |
| Growth Volatility | 416.71 |
ProtoSource Corporation - Net Assets Trend (1993–2023)
This chart illustrates how ProtoSource Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ProtoSource Corporation (1993–2023)
The table below shows the annual net assets of ProtoSource Corporation from 1993 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-92.49K | +33.12% |
| 2022-12-31 | $-138.29K | -48.60% |
| 2021-12-31 | $-93.07K | +98.17% |
| 2008-12-31 | $-5.10 Million | -13.53% |
| 2007-12-31 | $-4.49 Million | -22.50% |
| 2006-12-31 | $-3.67 Million | -33.60% |
| 2005-12-31 | $-2.74 Million | -22.06% |
| 2004-12-31 | $-2.25 Million | -6.88% |
| 2003-12-31 | $-2.10 Million | -940.64% |
| 2002-12-31 | $250.21K | -67.60% |
| 2001-12-31 | $772.33K | -90.50% |
| 2000-12-31 | $8.13 Million | +139.01% |
| 1999-12-31 | $3.40 Million | -17.07% |
| 1998-12-31 | $4.10 Million | +683.12% |
| 1997-12-31 | $523.55K | -57.88% |
| 1996-12-31 | $1.24 Million | +1343.13% |
| 1994-12-31 | $-100.00K | -200.00% |
| 1993-12-31 | $100.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ProtoSource Corporation'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 2903492400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $509.86K | % |
| Other Comprehensive Income | $-597.00 | % |
| Other Components | $28.43 Million | % |
| Total Equity | $-92.49K | 100.00% |
ProtoSource Corporation Competitors by Market Cap
The table below lists competitors of ProtoSource Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Proven Vct PLC
LSE:PVN
|
$64.33 |
|
Regenera Insights Inc.
F:66C0
|
$64.34 |
|
NiHAO Mineral Resources International Inc
PSE:NI
|
$64.61 |
|
SDX Energy Inc
LSE:SDX
|
$64.71 |
|
Defentect Group Inc
PINK:DFTC
|
$63.62 |
|
Speed Medical
EGX:SPMD
|
$63.27 |
|
NexTech FAS Technologies Inc
PINK:NXSL
|
$62.98 |
|
MERIDIAN-MARSHALLS HOLDING COMPANY LIMITED
GSE:MMH
|
$62.63 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ProtoSource Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -138,293 to -92,493, a change of 45,800.
- Net loss of 45,754 reduced equity.
- Other comprehensive income decreased equity by 227.
- Other factors increased equity by 91,781.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-45.75K | -49.47% |
| Other Comprehensive Income | $-227.00 | -0.25% |
| Other Changes | $91.78K | +99.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ProtoSource Corporation'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 |
|---|---|---|---|
| 1993-12-31 | $0.17 | $0.01 | x |
| 1994-12-31 | $-0.16 | $0.01 | x |
| 1996-12-31 | $1.01 | $0.01 | x |
| 1997-12-31 | $0.42 | $0.01 | x |
| 1998-12-31 | $3.00 | $0.01 | x |
| 1999-12-31 | $1.90 | $0.01 | x |
| 2000-12-31 | $3.16 | $0.01 | x |
| 2001-12-31 | $0.16 | $0.01 | x |
| 2002-12-31 | $0.04 | $0.01 | x |
| 2003-12-31 | $-0.26 | $0.01 | x |
| 2004-12-31 | $-0.07 | $0.01 | x |
| 2005-12-31 | $-0.08 | $0.01 | x |
| 2006-12-31 | $-0.11 | $0.01 | x |
| 2007-12-31 | $-0.14 | $0.01 | x |
| 2008-12-31 | $-0.16 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $0.00 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ProtoSource Corporation 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 (-174.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -100.00% | -10.00% | 2.50x | 4.00x | $-110.00K |
| 1994 | 0.00% | -22.22% | 0.67x | 0.00x | $-390.00K |
| 1996 | -113.42% | -202.13% | 0.20x | 2.87x | $-1.53 Million |
| 1997 | -280.97% | -196.19% | 0.23x | 6.29x | $-1.52 Million |
| 1998 | -41.46% | -188.89% | 0.20x | 1.10x | $-2.11 Million |
| 1999 | -38.24% | -115.56% | 0.30x | 1.09x | $-1.64 Million |
| 2000 | -64.06% | -341.83% | 0.13x | 1.39x | $-6.02 Million |
| 2001 | -1391.89% | -703.53% | 1.36x | 1.46x | $-10.83 Million |
| 2002 | -1118.25% | 0.00% | 0.00x | 7.94x | $-2.82 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.08 Million |
| 2004 | 0.00% | -75.00% | 1.36x | 0.00x | $-1.01 Million |
| 2005 | 0.00% | -25.58% | 2.15x | 0.00x | $-221.60K |
| 2006 | 0.00% | -11.51% | 2.52x | 0.00x | $62.60K |
| 2007 | 0.00% | -27.97% | 3.23x | 0.00x | $-424.94K |
| 2008 | 0.00% | -17.68% | 3.70x | 0.00x | $-115.17K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-69.47K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.10K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-36.50K |
Industry Comparison
This section compares ProtoSource Corporation's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ProtoSource Corporation (PSCO) | $-118.24K | -100.00% | N/A | $63.79 |
| 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) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |