Phonex Inc
PhoneX Holdings, Inc. operates as a market maker of used smartphones. The company acquires products from individual consumers through its uSell.com Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. It sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, s… Read more
Phonex Inc (PXHI) - Net Assets
Latest net assets as of March 2025: $25.07 Million USD
Based on the latest financial reports, Phonex Inc (PXHI) has net assets worth $25.07 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.47 Million) and total liabilities ($2.40 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 | $25.07 Million |
| % of Total Assets | 91.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | 675.28% |
| 10-Year Change | 72.97% |
| Growth Volatility | 254.92 |
Phonex Inc - Net Assets Trend (2005–2024)
This chart illustrates how Phonex 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 Phonex Inc (2005–2024)
The table below shows the annual net assets of Phonex Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.20 Million | +16.01% |
| 2023-12-31 | $20.86 Million | +40.57% |
| 2022-12-31 | $14.84 Million | +16.55% |
| 2021-12-31 | $12.73 Million | +307.92% |
| 2020-12-31 | $3.12 Million | +61.49% |
| 2019-12-31 | $1.93 Million | +408.11% |
| 2018-12-31 | $380.38K | -92.05% |
| 2017-12-31 | $4.78 Million | -62.35% |
| 2016-12-31 | $12.71 Million | -9.18% |
| 2015-12-31 | $13.99 Million | +444.53% |
| 2014-12-31 | $2.57 Million | +485.57% |
| 2013-12-31 | $-666.31K | -156.97% |
| 2012-12-31 | $1.17 Million | +640.34% |
| 2011-12-31 | $-216.47K | +84.49% |
| 2010-12-31 | $-1.40 Million | -111.84% |
| 2009-12-31 | $11.79 Million | +723.82% |
| 2008-12-31 | $1.43 Million | +1717.78% |
| 2007-12-31 | $-88.47K | -65.10% |
| 2006-12-31 | $-53.59K | -56.54% |
| 2005-12-31 | $-34.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phonex 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 4815667700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.58K | 0.01% |
| Other Components | $72.51 Million | 299.66% |
| Total Equity | $24.20 Million | 100.00% |
Phonex Inc Competitors by Market Cap
The table below lists competitors of Phonex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arkade Developers Ltd
NSE:ARKADE
|
$39.44 Million |
|
TRANSCONTL RLTY INV.DL-01
F:TI9
|
$39.45 Million |
|
GREENMOBILITY A/S DK -40
F:2G9
|
$39.47 Million |
|
BEC World Public Company Limited
BK:BEC
|
$39.47 Million |
|
MIC Electronics Limited
NSE:MICEL
|
$39.42 Million |
|
Tasty Bite Eatables Limited
NSE:TASTYBITE
|
$39.42 Million |
|
E3 Metals Corp
OTCQX:EEMMF
|
$39.42 Million |
|
EgnsINVEST Ejendomme Tyskland A/S
CO:EGNETY
|
$39.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phonex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,858,639 to 24,198,136, a change of 3,339,497 (16.0%).
- Net income of 3,533,592 contributed positively to equity growth.
- Share repurchases of 457,975 reduced equity.
- Other factors increased equity by 263,880.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.53 Million | +14.6% |
| Share Repurchases | $457.98K | -1.89% |
| Other Changes | $263.88K | +1.09% |
| Total Change | $- | 16.01% |
Book Value vs Market Value Analysis
This analysis compares Phonex 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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $-0.21 | $1.45 | x |
| 2006-12-31 | $-0.32 | $1.45 | x |
| 2007-12-31 | $-0.52 | $1.45 | x |
| 2008-12-31 | $22.10 | $1.45 | x |
| 2009-12-31 | $67.94 | $1.45 | x |
| 2010-12-31 | $-5.56 | $1.45 | x |
| 2011-12-31 | $-0.67 | $1.45 | x |
| 2012-12-31 | $0.66 | $1.45 | x |
| 2013-12-31 | $-0.15 | $1.45 | x |
| 2014-12-31 | $0.41 | $1.45 | x |
| 2015-12-31 | $1.44 | $1.45 | x |
| 2016-12-31 | $0.63 | $1.45 | x |
| 2017-12-31 | $0.23 | $1.45 | x |
| 2018-12-31 | $0.01 | $1.45 | x |
| 2019-12-31 | $0.06 | $1.45 | x |
| 2020-12-31 | $0.10 | $1.45 | x |
| 2021-12-31 | $0.34 | $1.45 | x |
| 2022-12-31 | $0.37 | $1.45 | x |
| 2023-12-31 | $0.52 | $1.45 | x |
| 2024-12-31 | $0.66 | $1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phonex 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): 14.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 5.96x
- • Equity Multiplier: 1.16x
- Recent ROE (14.60%) is above the historical average (-156.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.06K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-105.24K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-92.68K |
| 2008 | -224.24% | -205.55% | 0.69x | 1.59x | $-3.35 Million |
| 2009 | -34.39% | -13.98% | 1.92x | 1.28x | $-5.23 Million |
| 2010 | 0.00% | -51.59% | 15.36x | 0.00x | $-16.65 Million |
| 2011 | 0.00% | -74.50% | 3.10x | 0.00x | $-4.36 Million |
| 2012 | -756.58% | -371.28% | 0.95x | 2.15x | $-8.97 Million |
| 2013 | 0.00% | -79.36% | 3.26x | 0.00x | $-4.20 Million |
| 2014 | -318.40% | -122.72% | 1.88x | 1.38x | $-8.44 Million |
| 2015 | -18.82% | -9.72% | 1.11x | 1.74x | $-4.03 Million |
| 2016 | -41.00% | -5.50% | 3.71x | 2.01x | $-6.48 Million |
| 2017 | -306.20% | -13.99% | 6.34x | 3.45x | $-15.13 Million |
| 2018 | -1704.64% | -9.58% | 7.45x | 23.89x | $-6.52 Million |
| 2019 | 77.70% | 2.21% | 6.89x | 5.11x | $1.31 Million |
| 2020 | 40.47% | 1.68% | 6.73x | 3.57x | $951.11K |
| 2021 | 45.63% | 5.50% | 7.09x | 1.17x | $4.54 Million |
| 2022 | 56.17% | 5.59% | 8.27x | 1.22x | $6.85 Million |
| 2023 | 30.71% | 3.57% | 7.54x | 1.14x | $4.32 Million |
| 2024 | 14.60% | 2.11% | 5.96x | 1.16x | $1.11 Million |
Industry Comparison
This section compares Phonex Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phonex Inc (PXHI) | $25.07 Million | 0.00% | 0.10x | $39.42 Million |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |