Carepay Holdings Inc
SOAFEE, Inc. provides artificial intelligence (AI) and information technology (IT) services, and enterprise AI software-as a-service (SaaS) solutions for enterprises. It offers AI driven data as a service system (DaaS); SOAFEE healthcare marketplace; applied AI IT services for the health care/life sciences sector; and applied AI SaaS solutions for optimizing business operations. The company was f… Read more
Carepay Holdings Inc (SOFE) - Net Assets
Latest net assets as of December 2022: $756.05K USD
Based on the latest financial reports, Carepay Holdings Inc (SOFE) has net assets worth $756.05K USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.82 Million) and total liabilities ($3.06 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 | $756.05K |
| % of Total Assets | 19.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 26.76% |
| Growth Volatility | 466.06 |
Carepay Holdings Inc - Net Assets Trend (1993–2022)
This chart illustrates how Carepay Holdings 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 Carepay Holdings Inc (1993–2022)
The table below shows the annual net assets of Carepay Holdings Inc from 1993 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $756.05K | +70.67% |
| 2021-12-31 | $442.99K | +145.66% |
| 2012-12-31 | $-970.12K | +64.28% |
| 2011-12-31 | $-2.72 Million | -8.50% |
| 2010-12-31 | $-2.50 Million | -0.22% |
| 2009-12-31 | $-2.50 Million | +9.23% |
| 2008-12-31 | $-2.75 Million | +24.61% |
| 2007-12-31 | $-3.65 Million | -123.98% |
| 2006-12-31 | $-1.63 Million | -373.23% |
| 2005-12-31 | $596.46K | -30.27% |
| 2004-12-31 | $855.39K | +896.06% |
| 2003-12-31 | $85.88K | +109.73% |
| 2002-12-31 | $-882.91K | -96.79% |
| 2001-12-31 | $-448.66K | +51.07% |
| 2000-12-31 | $-917.03K | -516.46% |
| 1999-12-31 | $-148.76K | +46.07% |
| 1998-12-31 | $-275.83K | -27.84% |
| 1996-12-31 | $-215.76K | -17.41% |
| 1994-12-31 | $-183.77K | +2.02% |
| 1993-12-31 | $-187.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carepay Holdings 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 grown by 171176200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $315.24K | 41.70% |
| Common Stock | $28.21K | 3.73% |
| Other Components | $412.60K | 54.57% |
| Total Equity | $756.05K | 100.00% |
Carepay Holdings Inc Competitors by Market Cap
The table below lists competitors of Carepay Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinacomin Northern Coal Trading JSC
VN:TMB
|
$19.36K |
|
Grayscale Basic Attention Token Trust
OTCQX:GBAT
|
$19.36K |
|
China Shipping Development Co Ltd
HM:HIFH
|
$19.37K |
|
GEELY AUTOMOBILE
BE:GRU
|
$19.37K |
|
GOLD ROAD RES
BE:E6Q
|
$19.35K |
|
ReNu Energy Limited
PINK:GDYMF
|
$19.35K |
|
MONDADORI EDIT - Dusseldorf Stock Exchang
DU:MDD
|
$19.33K |
|
162120
KO:162120
|
$19.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carepay Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 442,988 to 756,050, a change of 313,062 (70.7%).
- Net income of 313,062 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $313.06K | +41.41% |
| Total Change | $- | 70.67% |
Book Value vs Market Value Analysis
This analysis compares Carepay Holdings 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: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-1.44 | $0.00 | x |
| 1994-12-31 | $-34.04 | $0.00 | x |
| 1996-12-31 | $-1.60 | $0.00 | x |
| 1997-12-31 | $-0.58 | $0.00 | x |
| 1998-12-31 | $-2.77 | $0.00 | x |
| 1999-12-31 | $-0.81 | $0.00 | x |
| 2000-12-31 | $-2.89 | $0.00 | x |
| 2001-12-31 | $-1.36 | $0.00 | x |
| 2002-12-31 | $-1.34 | $0.00 | x |
| 2003-12-31 | $0.08 | $0.00 | x |
| 2004-12-31 | $0.77 | $0.00 | x |
| 2005-12-31 | $0.54 | $0.00 | x |
| 2006-12-31 | $-1.46 | $0.00 | x |
| 2007-12-31 | $-3.03 | $0.00 | x |
| 2008-12-31 | $-1.67 | $0.00 | x |
| 2009-12-31 | $-1.10 | $0.00 | x |
| 2010-12-31 | $-1.01 | $0.00 | x |
| 2011-12-31 | $-0.95 | $0.00 | x |
| 2012-12-31 | $-0.06 | $0.00 | x |
| 2021-12-31 | $0.02 | $0.00 | x |
| 2022-12-31 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carepay Holdings 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): 41.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.38%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 5.05x
- Recent ROE (41.41%) is above the historical average (31.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.25K |
| 1994 | 0.00% | 0.00% | 0.00x | 0.00x | $19.05K |
| 1996 | 0.00% | 0.00% | 0.00x | 0.00x | $8.65K |
| 1997 | 0.00% | 0.00% | 0.00x | 0.00x | $167.51K |
| 1998 | 0.00% | -94.39% | 1.13x | 0.00x | $-842.22K |
| 1999 | 0.00% | -69.14% | 1.41x | 0.00x | $-695.46K |
| 2000 | 0.00% | -1283.05% | 4.08x | 0.00x | $-910.23K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-122.68K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-416.27K |
| 2003 | 598.50% | 41.28% | 0.30x | 48.67x | $505.39K |
| 2004 | 56.65% | 1938.30% | 0.01x | 4.88x | $399.04K |
| 2005 | -43.41% | 0.00% | 0.00x | 6.98x | $-318.57K |
| 2006 | 0.00% | -182.69% | 0.13x | 0.00x | $-1.23 Million |
| 2007 | 0.00% | -76.11% | 0.31x | 0.00x | $-1.13 Million |
| 2008 | 0.00% | -26.16% | 0.69x | 0.00x | $-271.24K |
| 2009 | 0.00% | 1.05% | 0.68x | 0.00x | $272.81K |
| 2010 | 0.00% | -13.87% | 0.54x | 0.00x | $-27.46K |
| 2011 | 0.00% | -470.89% | 0.06x | 0.00x | $-1.04 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-880.24K |
| 2021 | 3.02% | 4.31% | 0.10x | 6.85x | $-30.92K |
| 2022 | 41.41% | 21.38% | 0.38x | 5.05x | $237.46K |
Industry Comparison
This section compares Carepay Holdings Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carepay Holdings Inc (SOFE) | $756.05K | 0.00% | 4.05x | $19.35K |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |