Sustainable Projects Group Inc
Sustainable Projects Group Inc. extracts and supplies lithium compounds for the electric vehicle and battery markets. It operates through three segments: YER Brands, Sustainable Projects Group, and Lithium Harvest. The company through its Direct Lithium Extraction technology extracts and manufactures lithium compounds from oilfield wastewater. In addition, it offers lithium carbonate and lithium … Read more
Sustainable Projects Group Inc (SPGX) - Net Assets
Latest net assets as of September 2024: $-956.90K USD
Based on the latest financial reports, Sustainable Projects Group Inc (SPGX) has net assets worth $-956.90K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.56 Million) and total liabilities ($3.51 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 | $-956.90K |
| % of Total Assets | -37.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | -93.08% |
| 10-Year Change | N/A |
| Growth Volatility | 72.13 |
Sustainable Projects Group Inc - Net Assets Trend (2010–2023)
This chart illustrates how Sustainable Projects Group 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 Sustainable Projects Group Inc (2010–2023)
The table below shows the annual net assets of Sustainable Projects Group Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $58.89K | +117.20% |
| 2022-12-31 | $-342.48K | -437.27% |
| 2021-12-31 | $-63.74K | -215.76% |
| 2020-12-31 | $55.07K | -93.53% |
| 2019-12-31 | $851.55K | -55.26% |
| 2018-12-31 | $1.90 Million | -46.18% |
| 2017-12-31 | $3.54 Million | -4.58% |
| 2016-12-31 | $3.71 Million | +2281.80% |
| 2015-12-31 | $-169.86K | -24.46% |
| 2014-12-31 | $-136.48K | -82.49% |
| 2013-12-31 | $-74.79K | -49.42% |
| 2012-12-31 | $-50.05K | -123.39% |
| 2010-12-31 | $-22.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sustainable Projects Group 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 332035100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.60K | 50.27% |
| Other Comprehensive Income | $-49.23K | -83.59% |
| Other Components | $3.44 Million | 5838.27% |
| Total Equity | $58.89K | 100.00% |
Sustainable Projects Group Inc Competitors by Market Cap
The table below lists competitors of Sustainable Projects Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Healthlynked Corp
OTCQB:HLYK
|
$61.25K |
|
Ibstock PLC
LSE:IBST
|
$61.37K |
|
MASTERPLAST Nyrt.
BUD:MAST
|
$61.41K |
|
YIK Corp.
KO:232140
|
$61.46K |
|
Avon Protection PLC
LSE:AVON
|
$61.23K |
|
Piccadily Agro Industries Limited
NSE:PICCADIL
|
$61.15K |
|
Mogul Energy International Inc
PINK:MGUY
|
$61.05K |
|
ADOCIA (A89.SG)
STU:A89
|
$61.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sustainable Projects Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -342,481 to 58,892, a change of 401,373.
- Net loss of 2,747 reduced equity.
- Share repurchases of 366,607 reduced equity.
- New share issuances of 2,946,450 increased equity.
- Other comprehensive income decreased equity by 46,245.
- Other factors decreased equity by 2,129,478.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.75K | -4.66% |
| Share Repurchases | $366.61K | -622.51% |
| Share Issuances | $2.95 Million | +5003.14% |
| Other Comprehensive Income | $-46.24K | -78.53% |
| Other Changes | $-2.13 Million | -3615.9% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sustainable Projects Group 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: 1303.02x
- 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 |
|---|---|---|---|
| 2010-12-31 | $0.00 | $0.30 | x |
| 2012-12-31 | $-0.01 | $0.30 | x |
| 2013-12-31 | $-0.01 | $0.30 | x |
| 2014-12-31 | $-0.02 | $0.30 | x |
| 2015-12-31 | $-0.02 | $0.30 | x |
| 2016-12-31 | $-0.03 | $0.30 | x |
| 2017-12-31 | $0.49 | $0.30 | x |
| 2019-12-31 | $0.01 | $0.30 | x |
| 2020-12-31 | $0.00 | $0.30 | x |
| 2021-12-31 | $-0.02 | $0.30 | x |
| 2022-12-31 | $-0.04 | $0.30 | x |
| 2023-12-31 | $0.00 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sustainable Projects Group 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): -4.66%
- 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: 52.12x
- Recent ROE (-4.66%) is above the historical average (-42.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-19.26K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.64K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.26K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.04K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.39K |
| 2016 | 0.00% | -844.82% | 0.00x | 0.00x | $-21.03K |
| 2017 | -2.86% | -2025.70% | 0.00x | 1.11x | $-454.91K |
| 2018 | -97.36% | -130.01% | 0.22x | 3.43x | $-684.48K |
| 2019 | -453.84% | -497.02% | 0.09x | 10.15x | $-537.07K |
| 2020 | 0.00% | -4833.29% | 0.01x | 0.00x | $-218.91K |
| 2021 | 0.00% | -7388.53% | 0.01x | 0.00x | $-382.44K |
| 2022 | 0.00% | -19285.37% | 0.02x | 0.00x | $-953.16K |
| 2023 | -4.66% | 0.00% | 0.00x | 52.12x | $-8.64K |
Industry Comparison
This section compares Sustainable Projects Group Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sustainable Projects Group Inc (SPGX) | $-956.90K | 0.00% | N/A | $61.24K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |