China Lending Corp
Roan Holdings Group Co., Ltd., together with its subsidiaries, provides financial, insurance, and healthcare related solutions to individuals, and micro, small, and medium-sized enterprises in China. It offers health management, health big data management, and blockchain technology-based health information management services, as well as asset management, factoring, and consumer financing service… Read more
China Lending Corp (RAHGF) - Net Assets
Latest net assets as of March 2023: $50.59 Million USD
Based on the latest financial reports, China Lending Corp (RAHGF) has net assets worth $50.59 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($56.73 Million) and total liabilities ($6.14 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 | $50.59 Million |
| % of Total Assets | 89.18% |
| Annual Growth Rate | 33.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 768.94 |
China Lending Corp - Net Assets Trend (2014–2022)
This chart illustrates how China Lending Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Lending Corp (2014–2022)
The table below shows the annual net assets of China Lending Corp from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $50.59 Million | -7.93% |
| 2021-12-31 | $54.95 Million | +3.90% |
| 2020-12-31 | $52.89 Million | +5.58% |
| 2019-12-31 | $50.09 Million | +290.12% |
| 2018-12-31 | $-26.35 Million | -139.47% |
| 2017-12-31 | $66.75 Million | -41.02% |
| 2016-12-31 | $113.17 Million | +2163.38% |
| 2015-12-31 | $5.00 Million | 0.00% |
| 2014-12-31 | $5.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Lending Corp'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 1570720100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $918.22K | 2.89% |
| Other Comprehensive Income | $918.22K | 2.89% |
| Other Components | $45.88 Million | 144.45% |
| Total Equity | $31.76 Million | 100.00% |
China Lending Corp Competitors by Market Cap
The table below lists competitors of China Lending Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cel AI PLC
LSE:CLAI
|
$943.23 |
|
CANDENTE GOLD (I97.SG)
STU:I97
|
$943.75 |
|
Tombstone Exploration Corp
PINK:TMBXF
|
$945.34 |
|
Atento S.A.
PINK:ATTOF
|
$945.48 |
|
PANASIAN POWER PLC
CM:PAPN0000
|
$942.86 |
|
COTI
PINK:COTI
|
$942.00 |
|
CelLBxHealth plc
LSE:CLBX
|
$941.82 |
|
Mughal Energy Ltd
KAR:GEMMEL
|
$941.47 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Lending Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 34,796,729 to 31,762,213, a change of -3,034,516 (-8.7%).
- Net loss of 351,947 reduced equity.
- Other comprehensive income decreased equity by 2,572,660.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-351.95K | -1.11% |
| Other Comprehensive Income | $-2.57 Million | -8.1% |
| Other Changes | $-109.91K | -0.35% |
| Total Change | $- | -8.72% |
Book Value vs Market Value Analysis
This analysis compares China Lending Corp'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 |
|---|---|---|---|
| 2014-12-31 | $1.02 | $0.00 | x |
| 2015-12-31 | $1.02 | $0.00 | x |
| 2016-12-31 | $5.17 | $0.00 | x |
| 2017-12-31 | $3.85 | $0.00 | x |
| 2018-12-31 | $-1.08 | $0.00 | x |
| 2019-12-31 | $1.30 | $0.00 | x |
| 2020-12-31 | $1.33 | $0.00 | x |
| 2021-12-31 | $1.38 | $0.00 | x |
| 2022-12-31 | $1.26 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Lending Corp 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): -1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.89%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.79x
- Recent ROE (-1.11%) is above the historical average (-3.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -4.94% | 0.00% | 0.00x | 14.06x | $-746.86K |
| 2015 | -26.86% | -6.07% | 0.32x | 14.04x | $-1.84 Million |
| 2016 | 15.27% | 48.46% | 0.22x | 1.40x | $5.96 Million |
| 2017 | -82.07% | -908.41% | 0.05x | 1.79x | $-61.46 Million |
| 2018 | 0.00% | -10811.72% | 0.01x | 0.00x | $-91.49 Million |
| 2019 | 73.41% | 598.05% | 0.07x | 1.68x | $20.91 Million |
| 2020 | -5.04% | -34.52% | 0.07x | 2.01x | $-5.05 Million |
| 2021 | 1.07% | 10.30% | 0.05x | 1.92x | $-3.11 Million |
| 2022 | -1.11% | -7.89% | 0.08x | 1.79x | $-3.53 Million |
Industry Comparison
This section compares China Lending Corp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Lending Corp (RAHGF) | $50.59 Million | -4.94% | 0.12x | $943.01 |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |