SIPP International Industries Inc
SIPP International Industries, Inc. operates as a prefabricated food supply chain company. It provides central kitchen prefabricated dish supply chain and Intelligent robot restaurant services. The company was founded in 1991 and is based in Reno, Nevada. SIPP International Industries, Inc. is a subsidiary of Chenxu International Investment Holding Group Limited.
SIPP International Industries Inc (SIPN) - Net Assets
Latest net assets as of December 2024: $33.86K USD
Based on the latest financial reports, SIPP International Industries Inc (SIPN) has net assets worth $33.86K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.38K) and total liabilities ($11.52K). 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 | $33.86K |
| % of Total Assets | 74.61% |
| Annual Growth Rate | -25.21% |
| 5-Year Change | -99.66% |
| 10-Year Change | N/A |
| Growth Volatility | 58.88 |
SIPP International Industries Inc - Net Assets Trend (2002–2024)
This chart illustrates how SIPP International Industries 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 SIPP International Industries Inc (2002–2024)
The table below shows the annual net assets of SIPP International Industries Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.86K | +105.05% |
| 2023-12-31 | $-670.15K | -119.45% |
| 2022-12-31 | $-305.38K | -618.63% |
| 2021-12-31 | $-42.49K | -100.43% |
| 2012-12-31 | $9.86 Million | +0.91% |
| 2011-12-31 | $9.77 Million | -67.87% |
| 2003-12-31 | $30.40 Million | +50.74% |
| 2002-12-31 | $20.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SIPP International Industries 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 345.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.34 Million | 3959.43% |
| Other Comprehensive Income | $15.38K | 45.43% |
| Other Components | $19.39 Million | 57265.24% |
| Total Equity | $33.86K | 100.00% |
SIPP International Industries Inc Competitors by Market Cap
The table below lists competitors of SIPP International Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cho Bi
KO:001550
|
$2.92 Million |
|
AUPLATA MIN. GRP EO-0005
F:A7PA
|
$2.92 Million |
|
Hisar Metal Industries Limited
NSE:HISARMETAL
|
$2.92 Million |
|
ONAR Holding Corporation
OTCQB:ONAR
|
$2.92 Million |
|
Hexicon AB
ST:HEXI
|
$2.92 Million |
|
Spring Art Holdings Bhd
KLSE:0216
|
$2.92 Million |
|
NWP Holdings Bhd
KLSE:5025
|
$2.92 Million |
|
Pudjiadi & Sons Tbk
JK:PNSE
|
$2.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SIPP International Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -670,151 to 33,856, a change of 704,007.
- Net loss of 3,683 reduced equity.
- Other comprehensive income increased equity by 7,690.
- Other factors increased equity by 700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.68K | -10.88% |
| Other Comprehensive Income | $7.69K | +22.71% |
| Other Changes | $700.00K | +2067.58% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares SIPP International Industries 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: 150.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.00x to 150.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $1070.76 | $0.00 | x |
| 2004-12-31 | $-1869.71 | $0.00 | x |
| 2018-12-31 | $0.00 | $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 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SIPP International Industries 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): -10.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.12%
- • Asset Turnover: 3.82x
- • Equity Multiplier: 1.34x
- Recent ROE (-10.88%) is below the historical average (4.26%), 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 | 43.15% | 9.14% | 0.86x | 5.50x | $3.87 Million |
| 2003 | 6.04% | 2.00% | 0.83x | 3.62x | $-773.60K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-65.77 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.12K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.03 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-88.14K |
| 2022 | 0.00% | -47.24% | 5.21x | 0.00x | $-296.49K |
| 2023 | 0.00% | -52.67% | 1.12x | 0.00x | $-314.24K |
| 2024 | -10.88% | -2.12% | 3.82x | 1.34x | $-7.07K |
Industry Comparison
This section compares SIPP International Industries Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SIPP International Industries Inc (SIPN) | $33.86K | 43.15% | 0.34x | $2.92 Million |
| 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) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |