Sipup Corporation
Sipup Corporation, a business-to-business-to-consumer (B2B2C) company, operates a proprietary platform for plant-based products. It offers plant-based groceries and burgers, fresh produce, beverages, prepared meals, and fashion and home goods, as well as facilitates the distribution of content relevant to the plant-based community and provides opportunities for participants to collaborate and mee… Read more
Sipup Corporation (SPUP) - Net Assets
Latest net assets as of February 2023: $2.19 Million USD
Based on the latest financial reports, Sipup Corporation (SPUP) has net assets worth $2.19 Million USD as of February 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.53 Million) and total liabilities ($335.22K). 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 | $2.19 Million |
| % of Total Assets | 86.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | -524.19% |
| 10-Year Change | N/A |
| Growth Volatility | 178.41 |
Sipup Corporation - Net Assets Trend (2012–2021)
This chart illustrates how Sipup Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sipup Corporation (2012–2021)
The table below shows the annual net assets of Sipup Corporation from 2012 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-11-30 | $-335.22K | -32.04% |
| 2020-11-30 | $-253.88K | -40.06% |
| 2019-11-30 | $-181.27K | -372.72% |
| 2018-11-30 | $66.47K | -15.89% |
| 2017-11-30 | $79.03K | +268.96% |
| 2016-11-30 | $-46.77K | -52.64% |
| 2015-11-30 | $-30.64K | -11739.57% |
| 2014-11-30 | $-258.81 | +94.53% |
| 2013-11-30 | $-4.74K | -65.33% |
| 2012-11-30 | $-2.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sipup Corporation'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 222529600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $70.50K | % |
| Other Components | $1.83 Million | % |
| Total Equity | $-335.22K | 100.00% |
Sipup Corporation Competitors by Market Cap
The table below lists competitors of Sipup Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WI-LAN (WJL.SG)
STU:WJL
|
$7.10K |
|
TIANNENG POWER INTL
BE:TPQ
|
$7.11K |
|
Spac One Ag
DU:SPC
|
$7.11K |
|
Sharing Services Global Corp
PINK:SHRG
|
$7.12K |
|
Colefax Group
LSE:CFX
|
$7.10K |
|
Storage Drop Storage Technologies Ltd
TA:STRG
|
$7.10K |
|
Mobile Streams Plc
LSE:MOS
|
$7.10K |
|
Revenga Ingenieros SA
MC:RSS
|
$7.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sipup Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -335,222 to -335,222, a change of 0.
- Net loss of 1,944,250 reduced equity.
- Other factors increased equity by 1,944,250.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.94 Million | -579.99% |
| Other Changes | $1.94 Million | +579.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sipup Corporation'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 |
|---|---|---|---|
| 2012-11-30 | $0.00 | $0.00 | x |
| 2013-11-30 | $0.00 | $0.00 | x |
| 2015-11-30 | $-0.01 | $0.00 | x |
| 2016-11-30 | $-0.01 | $0.00 | x |
| 2017-11-30 | $-0.02 | $0.00 | x |
| 2018-11-30 | $0.01 | $0.00 | x |
| 2019-11-30 | $-0.01 | $0.00 | x |
| 2020-11-30 | $-0.01 | $0.00 | x |
| 2021-11-30 | $0.00 | $0.00 | x |
| 2022-11-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sipup Corporation 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 (-1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.58K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.47K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-192.94 |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.84K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.45K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.10K |
| 2018 | -18.90% | 0.00% | 0.00x | 2.26x | $-19.21K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-36.76K |
| 2020 | 0.00% | -134178.77% | 0.02x | 0.00x | $-168.55K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.91 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.91 Million |
Industry Comparison
This section compares Sipup Corporation'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 |
|---|---|---|---|---|
| Sipup Corporation (SPUP) | $2.19 Million | 0.00% | 0.15x | $7.10K |
| 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 |