RINO International Corporation
RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China. The company offers Free Ad Supported Television marketplace. It also offers JOIN TV Network, a Canadian owned and operated and upon launch will be Canada's Premiere FAST Channel Network with over 25 unique channels of content made available t… Read more
RINO International Corporation (RINO) - Net Assets
Latest net assets as of March 2023: $-34.58 USD
Based on the latest financial reports, RINO International Corporation (RINO) has net assets worth $-34.58 USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.26) and total liabilities ($34.84). 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 | $-34.58 |
| % of Total Assets | -13300.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 125.71 |
RINO International Corporation - Net Assets Trend (2005–2022)
This chart illustrates how RINO International 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 RINO International Corporation (2005–2022)
The table below shows the annual net assets of RINO International Corporation from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-1.38 | -100.00% |
| 2009-12-31 | $204.17 Million | +205.11% |
| 2008-12-31 | $66.92 Million | +38.89% |
| 2007-12-31 | $48.18 Million | +1466242.91% |
| 2006-12-31 | $-3.29K | -100.48% |
| 2005-12-31 | $678.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RINO International 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 grown by 2430925800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.46 | % |
| Other Comprehensive Income | $0.16 | % |
| Other Components | $109.11K | % |
| Total Equity | $-1.38 | 100.00% |
RINO International Corporation Competitors by Market Cap
The table below lists competitors of RINO International Corporation ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RINO International Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2022, total equity changed from 204,168,788 to -1, a change of -204,168,789 (-100.0%).
- Net loss of 1,535 reduced equity.
- Other comprehensive income decreased equity by 6,291,229.
- Other factors decreased equity by 197,876,026.
Equity Change Factors (2009 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.53K | -111231.88% |
| Other Comprehensive Income | $-6.29 Million | -455886147.83% |
| Other Changes | $-197.88 Million | -14338842430.43% |
| Total Change | $- | -100.00% |
Book Value vs Market Value Analysis
This analysis compares RINO International 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 |
|---|---|---|---|
| 2005-12-31 | $0.23 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $2.45 | $0.00 | x |
| 2008-12-31 | $2.66 | $0.00 | x |
| 2009-12-31 | $8.04 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RINO International 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 below the historical average (13.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -1.33% | 0.00% | 0.00x | 1.04x | $-76.92K |
| 2006 | 0.00% | -0.25% | 416.27x | 0.00x | $-25.80K |
| 2007 | 21.21% | 16.06% | 1.02x | 1.29x | $5.40 Million |
| 2008 | 31.80% | 15.27% | 1.17x | 1.77x | $14.59 Million |
| 2009 | 27.62% | 29.27% | 0.74x | 1.27x | $35.97 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.53K |
Industry Comparison
This section compares RINO International Corporation's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-48,301,338
- Average return on equity (ROE) among peers: -1.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RINO International Corporation (RINO) | $-34.58 | -1.33% | N/A | $1.00 |
| 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) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-468.10 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $-5.96 Million | 0.00% | 0.00x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-304.95K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-675.40K | 0.00% | 0.00x | $14.42K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $3.99K | -1.81% | 9.57x | $3.15K |