Quantum Metal Exchange Inc
Quantum Metal Exchange Inc., a holding company with bullion based technology, empowers people and businesses from upstream to downstream of the precious metal industry through technologies and corporate solutions. It facilitates digitized bullion products backed by precious metals through research and development with a supporting corporate university ecosystem that ensures growth and business su… Read more
Quantum Metal Exchange Inc (QMEI) - Net Assets
Latest net assets as of June 2023: $55.62 Million USD
Based on the latest financial reports, Quantum Metal Exchange Inc (QMEI) has net assets worth $55.62 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Billion) and total liabilities ($1.21 Billion). 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 | $55.62 Million |
| % of Total Assets | 4.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 631.61 |
Quantum Metal Exchange Inc - Net Assets Trend (2012–2023)
This chart illustrates how Quantum Metal Exchange 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 Quantum Metal Exchange Inc (2012–2023)
The table below shows the annual net assets of Quantum Metal Exchange Inc from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $55.62 Million | -26.93% |
| 2022-06-30 | $76.12 Million | +1339.43% |
| 2021-06-30 | $5.29 Million | +27.80% |
| 2020-06-30 | $4.14 Million | +4598.00% |
| 2012-06-30 | $-91.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quantum Metal Exchange 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 grown by 2500876500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.00 Million | 47.38% |
| Common Stock | $359.00 | 0.00% |
| Other Comprehensive Income | $23.61 Million | 44.75% |
| Other Components | $4.15 Million | 7.86% |
| Total Equity | $52.75 Million | 100.00% |
Quantum Metal Exchange Inc Competitors by Market Cap
The table below lists competitors of Quantum Metal Exchange Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optigenex Inc
PINK:OPGX
|
$2.97 |
|
Zenovia Digital Exchange Corporation
PINK:ZDEC
|
$3.61 |
|
Livewire Ergogenics
PINK:LVVV
|
$3.62 |
|
New Generation Consumer Group Inc
PINK:NGCG
|
$3.62 |
|
PMV Consumer Acquisition Corp
PINK:PMVCW
|
$2.97 |
|
Ultrack Systems Inc
PINK:MJLB
|
$2.96 |
|
Zalemark Holding Co
PINK:ZMRK
|
$2.96 |
|
Sterling Energy Resources Incorporated
PINK:SGER
|
$2.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quantum Metal Exchange Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 76,208,929 to 52,750,251, a change of -23,458,678 (-30.8%).
- Net loss of 49,702,986 reduced equity.
- Other comprehensive income increased equity by 25,929,883.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-49.70 Million | -94.22% |
| Other Comprehensive Income | $25.93 Million | +49.16% |
| Other Changes | $314.43K | +0.6% |
| Total Change | $- | -30.78% |
Book Value vs Market Value Analysis
This analysis compares Quantum Metal Exchange 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | $0.15 | $0.00 | x |
| 2010-06-30 | $0.04 | $0.00 | x |
| 2011-06-30 | $0.02 | $0.00 | x |
| 2012-06-30 | $-0.15 | $0.00 | x |
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.12 | $0.00 | x |
| 2021-06-30 | $0.15 | $0.00 | x |
| 2022-06-30 | $2.12 | $0.00 | x |
| 2023-06-30 | $1.47 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quantum Metal Exchange 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): -94.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.86%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 24.02x
- Recent ROE (-94.22%) is below the historical average (-15.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -27.40% | 0.00% | 0.00x | 1.00x | $-17.36K |
| 2010 | -88.45% | 0.00% | 0.00x | 1.00x | $-24.25K |
| 2011 | -75.36% | 0.00% | 0.00x | 1.00x | $-11.99K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-582.79K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-102.92K |
| 2020 | 27.48% | 3.11% | 6.21x | 1.43x | $723.10K |
| 2021 | 25.34% | 2.37% | 5.90x | 1.81x | $811.47K |
| 2022 | 96.60% | 36.44% | 0.28x | 9.61x | $66.00 Million |
| 2023 | -94.22% | -9.86% | 0.40x | 24.02x | $-54.98 Million |
Industry Comparison
This section compares Quantum Metal Exchange Inc'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 |
|---|---|---|---|---|
| Quantum Metal Exchange Inc (QMEI) | $55.62 Million | -27.40% | 21.78x | $2.97 |
| 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 |