Solar Energy Initiat
Solar Energy Initiatives, Inc., together with its subsidiaries, provides solar products and solutions in the United States and the Caribbean. It designs, markets, sells, owns, and operates solar power systems for residential, municipal, and commercial customers; and designs, develops, and manages solar parks. The company also distributes solar panels, inverters, and solar thermal systems; and sou… Read more
Solar Energy Initiat (SNRY) - Net Assets
Latest net assets as of April 2013: $-2.39 Million USD
Based on the latest financial reports, Solar Energy Initiat (SNRY) has net assets worth $-2.39 Million USD as of April 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.86K) and total liabilities ($2.40 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 | $-2.39 Million |
| % of Total Assets | -13358.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | -824.22% |
| 10-Year Change | N/A |
| Growth Volatility | 247.4 |
Solar Energy Initiat - Net Assets Trend (2007–2012)
This chart illustrates how Solar Energy Initiat's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solar Energy Initiat (2007–2012)
The table below shows the annual net assets of Solar Energy Initiat from 2007 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-07-31 | $-2.13 Million | -73.58% |
| 2011-07-31 | $-1.23 Million | -14.67% |
| 2010-07-31 | $-1.07 Million | -169.05% |
| 2009-07-31 | $1.55 Million | +426.93% |
| 2008-07-31 | $294.22K | +33.91% |
| 2007-07-31 | $219.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solar Energy Initiat'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 1679628600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Million | % |
| Other Comprehensive Income | $-1.50 Million | % |
| Other Components | $16.53 Million | % |
| Total Equity | $-268.97K | 100.00% |
Solar Energy Initiat Competitors by Market Cap
The table below lists competitors of Solar Energy Initiat ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Next.e.GO N.V. Ordinary Shares
NASDAQ:EGOX
|
$0.98 |
|
CTPartners Executive Search Inc
PINK:CTPR
|
$0.98 |
|
Andatee China Marine Fuel Services
PINK:AMCF
|
$0.98 |
|
Pacific Conquest Holdings Inc
PINK:PCHK
|
$0.98 |
|
D7 Enterprises Inc
PINK:DGIF
|
$0.98 |
|
Custom Designed Compressor Systems Inc
PINK:CPYJ
|
$0.98 |
|
Spectacular Solar Inc
PINK:SPSO
|
$0.98 |
|
DRRLF
PINK:DRRLF
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solar Energy Initiat's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -135,000 to -268,974, a change of -133,974.
- Net loss of 134,000 reduced equity.
- Other factors increased equity by 26.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-134.00K | -49.82% |
| Other Changes | $26.00 | +0.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Solar Energy Initiat'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 |
|---|---|---|---|
| 2007-07-31 | $3.56 | $0.00 | x |
| 2008-07-31 | $2.71 | $0.00 | x |
| 2009-07-31 | $10.56 | $0.00 | x |
| 2010-07-31 | $-3.60 | $0.00 | x |
| 2011-07-31 | $-0.69 | $0.00 | x |
| 2012-07-31 | $-1.04 | $0.00 | x |
| 2019-07-31 | $0.00 | $0.00 | x |
| 2020-07-31 | $0.00 | $0.00 | x |
| 2021-07-31 | $0.00 | $0.00 | x |
| 2022-07-31 | $0.00 | $0.00 | x |
| 2023-07-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solar Energy Initiat 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 above the historical average (-127.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -110.15% | 0.00% | 0.00x | 1.09x | $-263.97K |
| 2008 | -578.47% | -2947.03% | 0.14x | 1.36x | $-1.73 Million |
| 2009 | -203.50% | -82.55% | 1.23x | 2.01x | $-3.31 Million |
| 2010 | 0.00% | -126.85% | 5.42x | 0.00x | $-5.79 Million |
| 2011 | 0.00% | -369.28% | 35.06x | 0.00x | $-4.63 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.22 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-107.10K |
Industry Comparison
This section compares Solar Energy Initiat'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 |
|---|---|---|---|---|
| Solar Energy Initiat (SNRY) | $-2.39 Million | -110.15% | N/A | $0.98 |
| 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 |