Affinor Growers Inc
Affinor Growers Inc., a farming technology company, focuses on developing and commercializing vertical farming technologies in North America. Its vertical growing technology helps to grow crops, such as strawberries, romaine lettuce, kale, and spinach. The company was formerly known as Affinor Resources Inc. and changed its name to Affinor Growers Inc. in May 2014. Affinor Growers Inc. was incorp… Read more
Affinor Growers Inc (RSSFF) - Net Assets
Latest net assets as of February 2025: $-207.52K USD
Based on the latest financial reports, Affinor Growers Inc (RSSFF) has net assets worth $-207.52K USD as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Million) and total liabilities ($2.03 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 | $-207.52K |
| % of Total Assets | -11.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | 8.18% |
| 10-Year Change | -86.3% |
| Growth Volatility | 415.13 |
Affinor Growers Inc - Net Assets Trend (2002–2024)
This chart illustrates how Affinor Growers 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 Affinor Growers Inc (2002–2024)
The table below shows the annual net assets of Affinor Growers Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $289.15K | +14.03% |
| 2023-05-31 | $253.56K | -56.48% |
| 2022-05-31 | $582.67K | -46.51% |
| 2021-05-31 | $1.09 Million | +307.57% |
| 2020-05-31 | $267.28K | -72.19% |
| 2019-05-31 | $960.98K | -70.36% |
| 2018-05-31 | $3.24 Million | +18.24% |
| 2017-05-31 | $2.74 Million | +108.70% |
| 2016-05-31 | $1.31 Million | -37.74% |
| 2015-05-31 | $2.11 Million | +10.20% |
| 2014-05-31 | $1.91 Million | +1409.02% |
| 2013-05-31 | $-146.29K | +46.40% |
| 2012-05-31 | $-272.91K | -71.83% |
| 2011-05-31 | $-158.83K | +51.06% |
| 2010-05-31 | $-324.50K | -5.30% |
| 2009-05-31 | $-308.17K | -1430.61% |
| 2008-05-31 | $23.16K | -96.53% |
| 2007-05-31 | $667.49K | +41.58% |
| 2006-05-31 | $471.47K | +53.21% |
| 2005-05-31 | $307.72K | -82.25% |
| 2004-05-31 | $1.73 Million | +765.86% |
| 2003-05-31 | $200.24K | +6408.60% |
| 2002-05-31 | $-3.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Affinor Growers 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 3520694800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.70 Million | 9924.54% |
| Other Comprehensive Income | $6.34 Million | 2194.03% |
| Other Components | $1.38 Million | 475.57% |
| Total Equity | $289.15K | 100.00% |
Affinor Growers Inc Competitors by Market Cap
The table below lists competitors of Affinor Growers Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Planet Based Foods Global Inc
PINK:PBFFF
|
$597.44K |
|
ORDISSIMO SA EO-25
F:7LK
|
$597.57K |
|
Obducat AB (publ)
F:OBD
|
$597.79K |
|
Amalgamated Industrial Steel Berhad
KLSE:2682
|
$597.84K |
|
EUROPA MET. LTD POST CONS
F:WRE1
|
$597.09K |
|
Sportsquest Inc
PINK:SPQS
|
$596.83K |
|
JARDINE MATH.HOLD
BE:H4W
|
$596.76K |
|
West Texas Resources Inc
PINK:WTXR
|
$596.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Affinor Growers Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 253,562 to 289,147, a change of 35,585 (14.0%).
- Net loss of 1,029,000 reduced equity.
- New share issuances of 194,000 increased equity.
- Other comprehensive income increased equity by 219,237.
- Other factors increased equity by 651,348.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.03 Million | -355.87% |
| Share Issuances | $194.00K | +67.09% |
| Other Comprehensive Income | $219.24K | +75.82% |
| Other Changes | $651.35K | +225.27% |
| Total Change | $- | 14.03% |
Book Value vs Market Value Analysis
This analysis compares Affinor Growers 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: 2.93x
- 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 |
|---|---|---|---|
| 2002-05-31 | $-0.10 | $0.03 | x |
| 2003-05-31 | $1.29 | $0.03 | x |
| 2004-05-31 | $13.31 | $0.03 | x |
| 2005-05-31 | $1.25 | $0.03 | x |
| 2006-05-31 | $1.62 | $0.03 | x |
| 2007-05-31 | $0.93 | $0.03 | x |
| 2008-05-31 | $0.02 | $0.03 | x |
| 2009-05-31 | $-0.28 | $0.03 | x |
| 2010-05-31 | $-0.29 | $0.03 | x |
| 2011-05-31 | $-0.14 | $0.03 | x |
| 2012-05-31 | $-0.25 | $0.03 | x |
| 2013-05-31 | $-0.09 | $0.03 | x |
| 2014-05-31 | $0.52 | $0.03 | x |
| 2015-05-31 | $0.33 | $0.03 | x |
| 2016-05-31 | $0.14 | $0.03 | x |
| 2017-05-31 | $0.23 | $0.03 | x |
| 2018-05-31 | $0.25 | $0.03 | x |
| 2019-05-31 | $0.06 | $0.03 | x |
| 2020-05-31 | $0.02 | $0.03 | x |
| 2021-05-31 | $0.06 | $0.03 | x |
| 2022-05-31 | $0.03 | $0.03 | x |
| 2023-05-31 | $0.01 | $0.03 | x |
| 2024-05-31 | $0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Affinor Growers 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): -355.87%
- 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: 6.57x
- Recent ROE (-355.87%) is below the historical average (-308.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.94K |
| 2003 | -61.93% | -18989.28% | 0.00x | 1.16x | $-144.02K |
| 2004 | -42.10% | -142552.15% | 0.00x | 1.02x | $-903.24K |
| 2005 | -617.44% | -4821.36% | 0.11x | 1.15x | $-1.93 Million |
| 2006 | -64.27% | -72142.86% | 0.00x | 1.33x | $-350.15K |
| 2007 | -105.47% | 0.00% | 0.00x | 1.28x | $-770.75K |
| 2008 | -3670.12% | 0.00% | 0.00x | 9.52x | $-852.32K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-300.18K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $16.12K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $32.41K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-86.79K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-219.25K |
| 2014 | -424.13% | 0.00% | 0.00x | 1.13x | $-8.31 Million |
| 2015 | -253.81% | -1874.60% | 0.10x | 1.41x | $-5.57 Million |
| 2016 | -199.34% | -3139.12% | 0.05x | 1.29x | $-2.75 Million |
| 2017 | -62.62% | 0.00% | 0.00x | 1.01x | $-1.99 Million |
| 2018 | -144.94% | 0.00% | 0.00x | 1.03x | $-5.02 Million |
| 2019 | -250.16% | -80133.33% | 0.00x | 1.23x | $-2.50 Million |
| 2020 | -259.66% | -1295.99% | 0.05x | 3.92x | $-720.73K |
| 2021 | -93.80% | 0.00% | 0.00x | 1.63x | $-1.13 Million |
| 2022 | -229.29% | 0.00% | 0.00x | 4.19x | $-1.39 Million |
| 2023 | -263.84% | 0.00% | 0.00x | 8.33x | $-694.36K |
| 2024 | -355.87% | 0.00% | 0.00x | 6.57x | $-1.06 Million |
Industry Comparison
This section compares Affinor Growers Inc's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Affinor Growers Inc (RSSFF) | $-207.52K | 0.00% | N/A | $597.20K |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |