Sincerity Applied Materials Holdings Corp
Sincerity Applied Materials Holdings Corp. provides advanced nano-engineered glass materials and water treatment chemicals in Australia and internationally. The company offers chemicals and coatings, water-soluble packed household chemicals, and cellulose films, as well as product engineering solutions. It serves water purification, industrial filtration, catalysis, biotechnology, and emerging el… Read more
Sincerity Applied Materials Holdings Corp (SINC) - Net Assets
Latest net assets as of March 2025: $314.26K USD
Based on the latest financial reports, Sincerity Applied Materials Holdings Corp (SINC) has net assets worth $314.26K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.62 Million) and total liabilities ($10.30 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 | $314.26K |
| % of Total Assets | 2.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2722.21% |
| 10-Year Change | N/A |
| Growth Volatility | 361.05 |
Sincerity Applied Materials Holdings Corp - Net Assets Trend (2011–2024)
This chart illustrates how Sincerity Applied Materials Holdings 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 Sincerity Applied Materials Holdings Corp (2011–2024)
The table below shows the annual net assets of Sincerity Applied Materials Holdings Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.52 Million | -15715.56% |
| 2023-12-31 | $-15.96K | -103.79% |
| 2022-12-31 | $421.27K | +728.27% |
| 2021-12-31 | $50.86K | -47.16% |
| 2020-12-31 | $96.25K | +108.63% |
| 2019-12-31 | $46.14K | +714.57% |
| 2018-12-31 | $5.66K | +100.27% |
| 2017-12-31 | $-2.09 Million | -1728.66% |
| 2017-06-30 | $-114.32K | -1012.52% |
| 2016-12-31 | $-10.28K | +83.79% |
| 2016-06-30 | $-63.39K | -119.29% |
| 2015-12-31 | $328.67K | +345.50% |
| 2015-06-30 | $-133.88K | -138.29% |
| 2014-12-31 | $349.65K | +1262.93% |
| 2013-12-31 | $-30.07K | +93.24% |
| 2012-12-31 | $-444.71K | -4490.35% |
| 2011-12-31 | $-9.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sincerity Applied Materials Holdings 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 851160000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $704.88K | % |
| Other Comprehensive Income | $385.33K | % |
| Other Components | $4.90 Million | % |
| Total Equity | $-2.52 Million | 100.00% |
Sincerity Applied Materials Holdings Corp Competitors by Market Cap
The table below lists competitors of Sincerity Applied Materials Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A Soriano Corp
PSE:ANS
|
$2.40K |
|
MEDICAL DEVTS INTL
BE:M5D
|
$2.40K |
|
SUNLIGHT REAL EST. UTS
F:Q9R
|
$2.40K |
|
Bao Ngoc Investment Production Corp
VN:BNA
|
$2.40K |
|
Birlesim Grup Enerji
IS:BIGEN
|
$2.39K |
|
Redwood Scientific Technologies Inc
PINK:RSCI
|
$2.39K |
|
Hapugastenne Plantations PLC
CM:HAPUN0000
|
$2.39K |
|
LT Group Inc
PSE:LTG
|
$2.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sincerity Applied Materials Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -15,959 to -2,524,006, a change of -2,508,047.
- Net loss of 3,790,408 reduced equity.
- Other comprehensive income increased equity by 192,653.
- Other factors increased equity by 1,089,708.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.79 Million | -150.17% |
| Other Comprehensive Income | $192.65K | +7.63% |
| Other Changes | $1.09 Million | +43.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sincerity Applied Materials Holdings 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-21.11 | $0.00 | x |
| 2013-12-31 | $8.62 | $0.00 | x |
| 2014-12-31 | $125.93 | $0.00 | x |
| 2015-12-31 | $96.36 | $0.00 | x |
| 2016-12-31 | $-0.04 | $0.00 | x |
| 2017-06-30 | $0.00 | $0.00 | x |
| 2017-12-31 | $-7.50 | $0.00 | x |
| 2018-12-31 | $0.02 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sincerity Applied Materials Holdings 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -327.99%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (489.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -408.75% | 1.07x | 0.00x | $-398.69K |
| 2013 | -4165.72% | -1548.76% | 0.08x | 32.50x | $-1.23 Million |
| 2014 | -653.07% | -1010.77% | 0.20x | 3.23x | $-2.84 Million |
| 2015 | 0.00% | -1.01% | 2.73x | 0.00x | $-838.10 |
| 2015 | -618.61% | -622.96% | 0.24x | 4.11x | $-2.24 Million |
| 2016 | 0.00% | 6.11% | 5.12x | 0.00x | $81.14K |
| 2016 | 0.00% | -681.70% | 5.05x | 0.00x | $-1.49 Million |
| 2017 | 0.00% | -2.32% | 1.18x | 0.00x | $-18.27K |
| 2017 | 0.00% | -185.49% | 7.31x | 0.00x | $-3.78 Million |
| 2018 | 13449.96% | 48.90% | 2.75x | 99.90x | $761.24K |
| 2019 | -25.34% | -1.73% | 1.05x | 14.02x | $-16.30K |
| 2020 | 88.88% | 17.73% | 0.61x | 8.16x | $75.93K |
| 2021 | -120.57% | -97.39% | 0.09x | 14.02x | $-66.41K |
| 2022 | -126.89% | -2030.81% | 0.01x | 6.09x | $-576.70K |
| 2023 | 0.00% | -130.86% | 0.10x | 0.00x | $-316.73K |
| 2024 | 0.00% | -327.99% | 0.10x | 0.00x | $-3.54 Million |
Industry Comparison
This section compares Sincerity Applied Materials Holdings Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,634,198,834
- Average return on equity (ROE) among peers: -11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sincerity Applied Materials Holdings Corp (SINC) | $314.26K | 0.00% | 32.78x | $2.39K |
| AirBoss of America Corp (ABSSF) | $37.88 Million | 4.86% | 1.22x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $27.99 Million | 26.12% | 0.23x | $0.96 |
| Aimia Inc (AIMFF) | $1.33 Billion | 12.47% | 2.95x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $25.04 Billion | 12.29% | 0.93x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $6.31 Billion | 13.19% | 1.57x | $9.73 Billion |
| Albemarle Corp (ALB) | $9.78 Billion | -5.22% | 0.67x | $19.47 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $33.22 Billion | -32.85% | 2.09x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $22.64 Million | -123.97% | 0.68x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $544.00 Million | 9.23% | 0.58x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $28.52 Million | -34.80% | 0.69x | $212.84 Million |