Scientific Energy Inc
Scientific Energy, Inc., together with its subsidiaries, focuses on e-commerce platform business. It develops website that provides an e-commerce platform, where registered members could exchange goods and services. The company is involved in the provision of logistic services; group dining service platform for lunch and dinner group dining needs for corporate employees; and production and sale o… Read more
Scientific Energy Inc (SCGY) - Net Assets
Latest net assets as of September 2025: $31.74 Million USD
Based on the latest financial reports, Scientific Energy Inc (SCGY) has net assets worth $31.74 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.56 Million) and total liabilities ($28.81 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 | $31.74 Million |
| % of Total Assets | 52.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 357.67 |
Scientific Energy Inc - Net Assets Trend (2004–2024)
This chart illustrates how Scientific Energy 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 Scientific Energy Inc (2004–2024)
The table below shows the annual net assets of Scientific Energy Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $31.21 Million | -54.51% |
| 2023-12-31 | $68.61 Million | +2.50% |
| 2022-12-31 | $66.93 Million | -5.21% |
| 2021-12-31 | $70.61 Million | +3029.97% |
| 2020-12-31 | $-2.41 Million | -23.58% |
| 2019-12-31 | $-1.95 Million | -37.39% |
| 2018-12-31 | $-1.42 Million | -32.01% |
| 2017-12-31 | $-1.08 Million | -11.13% |
| 2016-12-31 | $-967.56K | -67.05% |
| 2015-12-31 | $-579.21K | -217.78% |
| 2014-12-31 | $-182.27K | -123.04% |
| 2013-12-31 | $791.14K | -66.46% |
| 2012-12-31 | $2.36 Million | -35.24% |
| 2011-12-31 | $3.64 Million | -8.14% |
| 2010-12-31 | $3.97 Million | -26.96% |
| 2009-12-31 | $5.43 Million | +1151.94% |
| 2007-12-31 | $433.65K | +17.04% |
| 2006-12-31 | $370.53K | +7908.77% |
| 2005-12-31 | $-4.75K | +88.03% |
| 2004-12-31 | $-39.64K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scientific Energy 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 4690378400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.63 Million | 7.88% |
| Other Comprehensive Income | $45.04K | 0.13% |
| Other Components | $78.46 Million | 234.89% |
| Total Equity | $33.40 Million | 100.00% |
Scientific Energy Inc Competitors by Market Cap
The table below lists competitors of Scientific Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macau Legend Development Limited
PINK:MALDF
|
$7.11 Million |
|
HUNYVERS S.A. EO -025
F:F6Q
|
$7.11 Million |
|
Gogox Holdings Limited
F:A1F0
|
$7.12 Million |
|
VSee Health, Inc.
NASDAQ:VSEE
|
$7.12 Million |
|
DCM Nouvelle Limited
NSE:DCMNVL
|
$7.11 Million |
|
Indowind Energy Limited
NSE:INDOWIND
|
$7.10 Million |
|
Belararox Ltd
AU:BRX
|
$7.09 Million |
|
Agricore CS Holdings Berhad
KLSE:0309
|
$7.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scientific Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,187,322 to 33,402,614, a change of -35,784,708 (-51.7%).
- Net income of 69,847 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,827.
- Other factors decreased equity by 35,859,382.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $69.85K | +0.21% |
| Other Comprehensive Income | $4.83K | +0.01% |
| Other Changes | $-35.86 Million | -107.36% |
| Total Change | $- | -51.72% |
Book Value vs Market Value Analysis
This analysis compares Scientific Energy 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: 11.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.00 | $1.50 | x |
| 2005-12-31 | $-0.01 | $1.50 | x |
| 2006-12-31 | $0.24 | $1.50 | x |
| 2007-12-31 | $0.09 | $1.50 | x |
| 2008-12-31 | $0.09 | $1.50 | x |
| 2009-12-31 | $0.06 | $1.50 | x |
| 2010-12-31 | $0.04 | $1.50 | x |
| 2011-12-31 | $0.04 | $1.50 | x |
| 2012-12-31 | $0.02 | $1.50 | x |
| 2013-12-31 | $0.01 | $1.50 | x |
| 2014-12-31 | $0.00 | $1.50 | x |
| 2015-12-31 | $-0.01 | $1.50 | x |
| 2016-12-31 | $-0.01 | $1.50 | x |
| 2017-12-31 | $-0.01 | $1.50 | x |
| 2018-12-31 | $-0.01 | $1.50 | x |
| 2019-12-31 | $-0.02 | $1.50 | x |
| 2020-12-31 | $-0.02 | $1.50 | x |
| 2021-12-31 | $0.38 | $1.50 | x |
| 2022-12-31 | $0.25 | $1.50 | x |
| 2023-12-31 | $0.26 | $1.50 | x |
| 2024-12-31 | $0.13 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scientific Energy 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): 0.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.10%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.66x
- Recent ROE (0.21%) is above the historical average (-14.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.13K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.78K |
| 2006 | -9.41% | 0.00% | 0.00x | 1.00x | $-71.90K |
| 2007 | 14.56% | 0.00% | 0.00x | 1.05x | $19.76K |
| 2008 | -1.65% | 0.00% | 0.00x | 1.00x | $-670.73K |
| 2009 | -6.02% | -10.70% | 0.50x | 1.11x | $-869.91K |
| 2010 | -36.64% | -11.79% | 1.82x | 1.71x | $-1.85 Million |
| 2011 | 23.82% | 0.00% | 0.00x | 1.00x | $503.45K |
| 2012 | -60.01% | 0.00% | 0.00x | 1.10x | $-1.65 Million |
| 2013 | -220.57% | 0.00% | 0.00x | 1.70x | $-1.82 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-954.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-339.08K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-290.49K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-198.48K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-200.97K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-349.31K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-231.74K |
| 2021 | -1.37% | -9.63% | 0.12x | 1.19x | $-8.04 Million |
| 2022 | -5.61% | -8.54% | 0.54x | 1.21x | $-10.48 Million |
| 2023 | 3.02% | 5.36% | 0.48x | 1.18x | $-4.83 Million |
| 2024 | 0.21% | 0.10% | 1.24x | 1.66x | $-3.27 Million |
Industry Comparison
This section compares Scientific Energy Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scientific Energy Inc (SCGY) | $31.74 Million | 0.00% | 0.91x | $7.11 Million |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |