Trustfeed Corp
Trustfeed Corp. operates a review portal challenger with company ratings and consumer reviews under the Trustfeed.com name. It enables businesses to create brand awareness; get endorsements for their products; and anticipate a feedback loop for product improvement. The company was incorporated in 2000 and is based in Los Angeles, California.
Trustfeed Corp (TRFE) - Net Assets
Latest net assets as of September 2024: $18.31 Million USD
Based on the latest financial reports, Trustfeed Corp (TRFE) has net assets worth $18.31 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.29 Million) and total liabilities ($977.38K). 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 | $18.31 Million |
| % of Total Assets | 94.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Trustfeed Corp - Net Assets Trend (2022–2023)
This chart illustrates how Trustfeed Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trustfeed Corp (2022–2023)
The table below shows the annual net assets of Trustfeed Corp from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-13.54K | -107.25% |
| 2022-12-31 | $186.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trustfeed Corp'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 126500300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $109.14K | % |
| Other Components | $1.28 Million | % |
| Total Equity | $-13.54K | 100.00% |
Trustfeed Corp Competitors by Market Cap
The table below lists competitors of Trustfeed Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sejin T.S Co.Ltd
KQ:067770
|
$5.82 Million |
|
Know Labs Inc.
NYSE MKT:KNW
|
$5.82 Million |
|
MENNICA SKARB.AB ZY -10
F:98S
|
$5.82 Million |
|
Margaux Real Estate Investment Trust
V:ALFA-UN
|
$5.82 Million |
|
ISHS CR S&P; 500
BE:ISQ2
|
$5.81 Million |
|
DV Biomed Co. Ltd.
TWO:6539
|
$5.81 Million |
|
Record Resources Inc.
V:REC
|
$5.81 Million |
|
Hitek Global Inc. Ordinary Share
NASDAQ:HKIT
|
$5.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trustfeed Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 186,769 to -13,539, a change of -200,308 (-107.2%).
- Net loss of 416,500 reduced equity.
- New share issuances of 216,192 increased equity.
- Other comprehensive income decreased equity by 37,044.
- Other factors increased equity by 37,044.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-416.50K | -3076.3% |
| Share Issuances | $216.19K | +1596.81% |
| Other Comprehensive Income | $-37.04K | -273.61% |
| Other Changes | $37.04K | +273.61% |
| Total Change | $- | -107.25% |
Book Value vs Market Value Analysis
This analysis compares Trustfeed Corp'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 |
|---|---|---|---|
| 2007-12-31 | $0.18 | $0.26 | x |
| 2008-12-31 | $0.03 | $0.26 | x |
| 2009-12-31 | $0.09 | $0.26 | x |
| 2019-12-31 | $2.00 | $0.26 | x |
| 2020-12-31 | $2.00 | $0.26 | x |
| 2021-12-31 | $-0.11 | $0.26 | x |
| 2022-12-31 | $0.00 | $0.26 | x |
| 2023-12-31 | $0.00 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trustfeed Corp 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 (-221.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -63.67% | 0.00% | 0.00x | 1.00x | $-12.17K |
| 2008 | -1156.71% | 0.00% | 0.00x | 1.00x | $-33.90K |
| 2009 | -245.67% | 0.00% | 0.00x | 1.00x | $-20.64K |
| 2019 | 15.80% | 0.00% | 0.00x | 0.00x | $36.35K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-164.83K |
| 2022 | -96.98% | -524.60% | 0.13x | 1.40x | $-199.80K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-415.15K |
Industry Comparison
This section compares Trustfeed Corp's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trustfeed Corp (TRFE) | $18.31 Million | -63.67% | 0.05x | $5.82 Million |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |