Quality Online Education Group Inc
Quality Online Education Group Inc., an e-learning company, provides online English lessons to students worldwide. The company offers online English programs for K12 and adults, white label online tutoring services, and end-to-end management software solutions for education institutions. It also provides online English tutor solutions to business customers through direct sales. The company was fo… Read more
Quality Online Education Group Inc (QOEG) - Net Assets
Latest net assets as of November 2023: $-3.39 Million USD
Based on the latest financial reports, Quality Online Education Group Inc (QOEG) has net assets worth $-3.39 Million USD as of November 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.98 Million) and total liabilities ($5.37 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 | $-3.39 Million |
| % of Total Assets | -170.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | -331.18% |
| 10-Year Change | N/A |
| Growth Volatility | 59.09 |
Quality Online Education Group Inc - Net Assets Trend (2007–2023)
This chart illustrates how Quality Online Education Group 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 Quality Online Education Group Inc (2007–2023)
The table below shows the annual net assets of Quality Online Education Group Inc from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-08-31 | $-3.39 Million | -244.96% |
| 2022-08-31 | $-982.12K | -128.89% |
| 2021-08-31 | $-429.08K | -129.28% |
| 2020-08-31 | $1.47 Million | 0.00% |
| 2019-08-31 | $1.47 Million | -8.26% |
| 2014-08-31 | $1.60 Million | +2125.92% |
| 2013-08-31 | $-78.85K | -7.07% |
| 2011-08-31 | $-73.64K | -661.52% |
| 2010-08-31 | $-9.67K | +43.23% |
| 2009-08-31 | $-17.03K | 0.00% |
| 2008-08-31 | $-17.03K | +85.93% |
| 2007-08-31 | $-121.03K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quality Online Education Group 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 1283084600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $300.86K | % |
| Other Comprehensive Income | $36.00 | % |
| Other Components | $9.43 Million | % |
| Total Equity | $-3.39 Million | 100.00% |
Quality Online Education Group Inc Competitors by Market Cap
The table below lists competitors of Quality Online Education Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Archidply Decor Limited
NSE:ADL
|
$743.82K |
|
SODEP-Marsa Maroc
BC:SODEP-Marsa-Maroc
|
$744.58K |
|
ITRON (IT6.SG)
STU:IT6
|
$745.00K |
|
Glucose Health Inc
PINK:GLUC
|
$745.03K |
|
Manz AG
PINK:MANZF
|
$743.52K |
|
Titanium Holdings Group Inc
PINK:TTHG
|
$743.29K |
|
ODINWELL AB
F:0AF
|
$742.94K |
|
GBL - Dusseldorf Stock Exchang
DU:EAI
|
$742.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quality Online Education Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -982,115 to -3,387,857, a change of -2,405,742.
- Net loss of 4,234,000 reduced equity.
- Other comprehensive income increased equity by 7,947.
- Other factors increased equity by 1,820,311.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.23 Million | -124.98% |
| Other Comprehensive Income | $7.95K | +0.23% |
| Other Changes | $1.82 Million | +53.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Quality Online Education Group 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-08-31 | $-0.01 | $0.00 | x |
| 2008-08-31 | $0.00 | $0.00 | x |
| 2009-08-31 | $0.00 | $0.00 | x |
| 2010-08-31 | $0.00 | $0.00 | x |
| 2011-08-31 | $0.00 | $0.00 | x |
| 2012-08-31 | $-0.02 | $0.00 | x |
| 2013-08-31 | $0.00 | $0.00 | x |
| 2014-08-31 | $0.07 | $0.00 | x |
| 2019-08-31 | $0.04 | $0.00 | x |
| 2020-08-31 | $0.04 | $0.00 | x |
| 2021-08-31 | $0.00 | $0.00 | x |
| 2022-08-31 | $0.00 | $0.00 | x |
| 2023-08-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quality Online Education Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -153.63%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-22.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | -1124.92% | 0.48x | 0.00x | $-144.42K |
| 2008 | 0.00% | -5278.46% | 1.05x | 0.00x | $-164.67K |
| 2009 | 0.00% | -5278.46% | 1.05x | 0.00x | $-164.67K |
| 2010 | 0.00% | -2775.50% | 0.73x | 0.00x | $-51.71K |
| 2011 | 0.00% | -15280.36% | 0.17x | 0.00x | $-18.31K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.00K |
| 2013 | -122.31% | -2.20% | 0.67x | 82.88x | $-76.08K |
| 2014 | 75.88% | 21.61% | 0.70x | 5.01x | $1.16 Million |
| 2019 | -70.34% | -2987.15% | 0.00x | 5.07x | $-1.30 Million |
| 2020 | -179.52% | -1224.28% | 0.03x | 5.07x | $-3.07 Million |
| 2021 | 0.00% | -434.77% | 0.38x | 0.00x | $-2.05 Million |
| 2022 | 0.00% | -225.86% | 1.71x | 0.00x | $-3.69 Million |
| 2023 | 0.00% | -153.63% | 1.39x | 0.00x | $-3.90 Million |
Industry Comparison
This section compares Quality Online Education Group Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quality Online Education Group Inc (QOEG) | $-3.39 Million | 0.00% | N/A | $743.64K |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |