Smartcool Systems Inc
Smartcool Systems Inc., a clean technology company, focuses on the acquisition, commercialization, and marketing of energy saving technologies for commercial and retail businesses worldwide. It offers energy efficiency solutions, such as ECO3 and ESM that reduce the energy consumption of compressors in air conditioning, refrigeration, and heat pump systems. The company also offers power factor co… Read more
Smartcool Systems Inc (SSCFF) - Net Assets
Latest net assets as of September 2019: $-2.66 Million USD
Based on the latest financial reports, Smartcool Systems Inc (SSCFF) has net assets worth $-2.66 Million USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($963.67K) and total liabilities ($3.62 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 | $-2.66 Million |
| % of Total Assets | -275.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -463.61% |
| 10-Year Change | N/A |
| Growth Volatility | 107.99 |
Smartcool Systems Inc - Net Assets Trend (2012–2018)
This chart illustrates how Smartcool Systems 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 Smartcool Systems Inc (2012–2018)
The table below shows the annual net assets of Smartcool Systems Inc from 2012 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $-2.05 Million | -1257.33% |
| 2017-12-31 | $-151.31K | +67.54% |
| 2016-12-31 | $-466.20K | -222.39% |
| 2015-12-31 | $380.92K | -32.56% |
| 2014-12-31 | $564.81K | -71.76% |
| 2013-12-31 | $2.00 Million | +79.29% |
| 2012-12-31 | $1.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smartcool Systems 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 3370146800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.12 Million | % |
| Other Comprehensive Income | $6.25 Million | % |
| Other Components | $280.00K | % |
| Total Equity | $-2.05 Million | 100.00% |
Smartcool Systems Inc Competitors by Market Cap
The table below lists competitors of Smartcool Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colombo Investment Trust PLC
CM:CITN0000
|
$15.15K |
|
SANY HEAVY EQUIP
MU:YXS
|
$15.15K |
|
VisionWave Holdings, Inc. Warrant
NASDAQ:VWAVW
|
$15.16K |
|
Team Internet Group PLC
LSE:TIG
|
$15.16K |
|
Dam Sen Water Park Corp
VN:DSN
|
$15.15K |
|
CHARTER HALL SOC.INF.REIT
F:B6Z0
|
$15.13K |
|
Golden Resources Development International Limited
PINK:GDRPF
|
$15.13K |
|
CRESTVIEW EXPLORATION INC
F:CE7
|
$15.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartcool Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -151,306 to -2,053,725, a change of -1,902,419.
- Net loss of 3,674,051 reduced equity.
- Other comprehensive income decreased equity by 100,482.
- Other factors increased equity by 1,872,114.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.67 Million | -178.9% |
| Other Comprehensive Income | $-100.48K | -4.89% |
| Other Changes | $1.87 Million | +91.16% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Smartcool Systems 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartcool Systems 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -705.86%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-81.35%), 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% | 0.77x | 4.94x | $-111.57K |
| 2013 | 19.20% | 24.46% | 0.40x | 1.97x | $184.03K |
| 2014 | -271.80% | -241.70% | 0.29x | 3.85x | $-1.59 Million |
| 2015 | -316.83% | -213.43% | 0.32x | 4.61x | $-1.24 Million |
| 2016 | 0.00% | -511.31% | 0.21x | 0.00x | $-1.20 Million |
| 2017 | 0.00% | -256.04% | 0.41x | 0.00x | $-1.57 Million |
| 2018 | 0.00% | -705.86% | 0.37x | 0.00x | $-3.47 Million |
Industry Comparison
This section compares Smartcool Systems Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,545,576,244
- Average return on equity (ROE) among peers: -138.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartcool Systems Inc (SSCFF) | $-2.66 Million | 0.00% | N/A | $15.15K |
| ABB Ltd (ABBNY) | $13.98 Billion | 7.80% | 2.30x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $214.11 Million | -0.26% | 0.04x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $201.93 Million |
| Advanced Energy Industries Inc (AEIS) | $214.34 Million | -14.64% | 1.10x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $5.62 Million | -85.17% | 0.30x | $91.15 Million |
| Alfen N.V (ALFNF) | $5.26 Million | 0.00% | 1.87x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $1.17 Million | -634.56% | 4.70x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $162.71 Million | -8.39% | 0.90x | $17.55 Million |
| Astro Communications Inc (ASTO) | $6.13 Million | -7.08% | 0.13x | $18.76K |
| Atkore International Group Inc (ATKR) | $864.74 Million | 67.98% | 1.56x | $1.69 Billion |