SStartrade Tech Inc
SStartrade Tech, Inc. evaluates, acquires, and explores mineral properties in Russia. It primarily explores for gold, silver, copper, and other economic minerals. The company is also involved in the steel mill business. SStartrade Tech, Inc. is incorporated in 2005 and is based in Las Vegas, Nevada.
SStartrade Tech Inc (SSTT) - Net Assets
Latest net assets as of June 2023: $110.85 Million USD
Based on the latest financial reports, SStartrade Tech Inc (SSTT) has net assets worth $110.85 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($255.68 Million) and total liabilities ($144.83 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 | $110.85 Million |
| % of Total Assets | 43.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -194.37% |
| 10-Year Change | -48092.32% |
| Growth Volatility | 20540.23 |
SStartrade Tech Inc - Net Assets Trend (2008–2022)
This chart illustrates how SStartrade Tech 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 SStartrade Tech Inc (2008–2022)
The table below shows the annual net assets of SStartrade Tech Inc from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-30.49 Million | -131.61% |
| 2021-12-31 | $96.46 Million | +54.26% |
| 2020-12-31 | $62.53 Million | +48.55% |
| 2019-12-31 | $42.09 Million | +30.28% |
| 2018-12-31 | $32.31 Million | -- |
| 2017-12-31 | $0.00 | -- |
| 2016-12-31 | $25.33 Million | -17.62% |
| 2015-12-31 | $30.75 Million | -26.07% |
| 2013-12-31 | $41.58 Million | +65354.74% |
| 2011-12-31 | $63.53K | +114.60% |
| 2010-12-31 | $29.61K | +1193.24% |
| 2009-12-31 | $-2.71K | -39.30% |
| 2008-12-31 | $-1.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SStartrade Tech 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 2510050000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.08 Million | 38.73% |
| Common Stock | $23.10 Million | 35.67% |
| Other Comprehensive Income | $6.91 Million | 10.67% |
| Other Components | $9.68 Million | 14.94% |
| Total Equity | $64.77 Million | 100.00% |
SStartrade Tech Inc Competitors by Market Cap
The table below lists competitors of SStartrade Tech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Andes Gold Corp
PINK:AGCZ
|
$0.95 |
|
iConsumer Corp
PINK:RWRDP
|
$0.95 |
|
Bedford Energy Inc
PINK:BFDE
|
$0.95 |
|
Secured Services Inc
PINK:SSVC
|
$0.95 |
|
Triumph Oil & Gas Corp
PINK:TROG
|
$0.95 |
|
Morgan & Co Made In Zimbabwe Exchange Traded Fund
XZIM:MIZ
|
$0.95 |
|
AimRite Holdings Corp
PINK:AIMH
|
$0.95 |
|
Opus Magnum Ameris Inc
PINK:OPUS
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SStartrade Tech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 65,457,000 to 64,769,000, a change of -688,000 (-1.1%).
- Net income of 25,186,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 6,911,000.
- Other factors decreased equity by 32,785,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $25.19 Million | +38.89% |
| Other Comprehensive Income | $6.91 Million | +10.67% |
| Other Changes | $-32.78 Million | -50.62% |
| Total Change | $- | -1.05% |
Book Value vs Market Value Analysis
This analysis compares SStartrade Tech 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: 0.00x
- 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 |
|---|---|---|---|
| 2006-12-31 | $0.09 | $0.00 | x |
| 2007-12-31 | $-0.02 | $0.00 | x |
| 2008-12-31 | $-0.01 | $0.00 | x |
| 2009-12-31 | $-0.28 | $0.00 | x |
| 2010-12-31 | $0.16 | $0.00 | x |
| 2011-12-31 | $0.08 | $0.00 | x |
| 2012-12-31 | $0.12 | $0.00 | x |
| 2013-12-31 | $0.42 | $0.00 | x |
| 2015-12-31 | $0.31 | $0.00 | x |
| 2016-12-31 | $0.25 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.32 | $0.00 | x |
| 2019-12-31 | $0.42 | $0.00 | x |
| 2020-12-31 | $0.63 | $0.00 | x |
| 2021-12-31 | $0.66 | $0.00 | x |
| 2022-12-31 | $0.65 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SStartrade Tech 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): 38.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.84%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 3.99x
- Recent ROE (38.89%) is above the historical average (-8817.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.15K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-747.60 |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-493.20 |
| 2010 | -610.82% | -11920.50% | 0.03x | 1.70x | $-183.79K |
| 2011 | -716.96% | -4084.39% | 0.17x | 1.00x | $-461.84K |
| 2012 | -30.87% | -116.70% | 0.26x | 1.00x | $-102.24K |
| 2013 | -0.19% | -62.97% | 0.00x | 1.04x | $-4.24 Million |
| 2015 | 0.14% | 10.09% | 0.01x | 1.07x | $-3.03 Million |
| 2016 | -0.29% | -37.15% | 0.01x | 1.09x | $-2.61 Million |
| 2017 | -131057.58% | -91.20% | 1.07x | 1341.84x | $-129.76 Million |
| 2018 | 5.48% | 0.94% | 0.98x | 5.95x | $-1.46 Million |
| 2019 | 23.24% | 5.00% | 0.93x | 5.02x | $5.57 Million |
| 2020 | 72.50% | 15.19% | 1.23x | 3.88x | $39.08 Million |
| 2021 | 11.66% | 4.37% | 0.70x | 3.80x | $1.09 Million |
| 2022 | 38.89% | 12.84% | 0.76x | 3.99x | $18.71 Million |
Industry Comparison
This section compares SStartrade Tech Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SStartrade Tech Inc (SSTT) | $110.85 Million | 0.00% | 1.31x | $0.95 |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |