Victory Marine Holdings Corp
Victory Marine Holdings Corp., through its subsidiary, Victory Yacht Sales Corp., engages in selling luxury vessels worldwide. It provides new and used boats, as well as financing, insurance, documentation, accessories, brokerage, and consulting services. The company was formerly known as China Good Electric, Inc. and changed its name to Victory Marine Holdings Corp. in May 2018. Victory Marine H… Read more
Victory Marine Holdings Corp (VMHG) - Net Assets
Latest net assets as of June 2025: $-3.03 Million USD
Based on the latest financial reports, Victory Marine Holdings Corp (VMHG) has net assets worth $-3.03 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($159.00) and total liabilities ($3.03 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 | $-3.03 Million |
| % of Total Assets | -1908343.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -244.56% |
| Growth Volatility | 51.66 |
Victory Marine Holdings Corp - Net Assets Trend (2007–2024)
This chart illustrates how Victory Marine Holdings 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 Victory Marine Holdings Corp (2007–2024)
The table below shows the annual net assets of Victory Marine Holdings Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.84 Million | -41.11% |
| 2022-12-31 | $-2.01 Million | -9.48% |
| 2021-12-31 | $-1.84 Million | -8.52% |
| 2020-12-31 | $-1.69 Million | -1.52% |
| 2019-12-31 | $-1.67 Million | -6.36% |
| 2018-12-31 | $-1.57 Million | -198.80% |
| 2017-12-31 | $-524.34K | -82.35% |
| 2016-12-31 | $-287.54K | -61.67% |
| 2015-12-31 | $-177.86K | -109.07% |
| 2010-12-31 | $1.96 Million | +7.49% |
| 2009-12-31 | $1.82 Million | +4.11% |
| 2008-12-31 | $1.75 Million | +17.50% |
| 2007-12-31 | $1.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victory Marine Holdings 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 3001.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $110.36K | % |
| Other Components | $2.87 Million | % |
| Total Equity | $-2.84 Million | 100.00% |
Victory Marine Holdings Corp Competitors by Market Cap
The table below lists competitors of Victory Marine Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
$16.78 |
|
Omico Corp
PSE:OM
|
$16.89 |
|
RAINBOW TOURISM GROUP LIMITED
XZIM:RTG
|
$17.02 |
|
Rokeby Resources Limited
AU:RKB
|
$17.02 |
|
Aberdeen Diversified Income and Growth Trust PLC
LSE:ADIG
|
$16.61 |
|
VDM GROUP
BE:V5M
|
$16.49 |
|
APC Group Inc
PSE:APC
|
$16.27 |
|
Revolution Technologies Inc
PINK:RVLTF
|
$16.10 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victory Marine Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,445,121 to -2,835,869, a change of -390,748.
- Net loss of 373,709 reduced equity.
- Other comprehensive income increased equity by 83,434.
- Other factors decreased equity by 100,473.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-373.71K | -13.18% |
| Other Comprehensive Income | $83.43K | +2.94% |
| Other Changes | $-100.47K | -3.54% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Victory Marine Holdings 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 |
|---|---|---|---|
| 2015-12-31 | $-0.01 | $0.00 | x |
| 2016-12-31 | $-0.02 | $0.00 | x |
| 2017-12-31 | $-0.03 | $0.00 | x |
| 2018-12-31 | $-0.04 | $0.00 | x |
| 2019-12-31 | $-0.04 | $0.00 | x |
| 2020-12-31 | $-0.04 | $0.00 | x |
| 2021-12-31 | $-0.04 | $0.00 | x |
| 2022-12-31 | $-0.03 | $0.00 | x |
| 2023-12-31 | $-0.03 | $0.00 | x |
| 2024-12-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victory Marine Holdings 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: -67.54%
- • Asset Turnover: 28.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (3.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 26.16% | 15.79% | 0.62x | 2.68x | $241.08K |
| 2008 | 14.13% | 15.52% | 0.78x | 1.17x | $72.42K |
| 2009 | 2.87% | 3.17% | 0.53x | 1.72x | $-130.15K |
| 2010 | 5.98% | 6.80% | 0.44x | 1.98x | $-78.89K |
| 2015 | 0.00% | -60.32% | 26.06x | 0.00x | $-93.00K |
| 2016 | 0.00% | -23.21% | 167.42x | 0.00x | $-80.93K |
| 2017 | 0.00% | -32.96% | 3342.16x | 0.00x | $-162.36K |
| 2018 | 0.00% | -431.15% | 17.10x | 0.00x | $-1.59 Million |
| 2019 | 0.00% | -10.25% | 50.07x | 0.00x | $2.79K |
| 2020 | 0.00% | -1.06% | 23.17x | 0.00x | $144.26K |
| 2021 | 0.00% | -33.37% | 86.04x | 0.00x | $-1.86 Million |
| 2022 | 0.00% | -37.24% | 67.08x | 0.00x | $-176.84K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-298.06K |
| 2024 | 0.00% | -67.54% | 28.00x | 0.00x | $-90.12K |
Industry Comparison
This section compares Victory Marine Holdings Corp's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victory Marine Holdings Corp (VMHG) | $-3.03 Million | 26.16% | N/A | $16.61 |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |