WANLF
Wan Leader International Limited, an investment holding company, provides freight forwarding and related logistics services in Hong Kong. It operates through Provision of Freight Forwarding and Related Logistics Services; Entrusted Management Services for Operating an Online E-Commerce Platform; and Trading of Fashion Items segments. The company offers air freight and sea freight services; and en… Read more
WANLF (WANLF) - Net Assets
Latest net assets as of September 2023: $55.09 Million USD
Based on the latest financial reports, WANLF (WANLF) has net assets worth $55.09 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($95.90 Million) and total liabilities ($40.81 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 | $55.09 Million |
| % of Total Assets | 57.45% |
| Annual Growth Rate | 4.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.73 |
WANLF - Net Assets Trend (2021–2024)
This chart illustrates how WANLF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WANLF (2021–2024)
The table below shows the annual net assets of WANLF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $58.69 Million | -4.91% |
| 2023-03-31 | $61.71 Million | +0.57% |
| 2022-03-31 | $61.37 Million | +17.93% |
| 2021-03-31 | $52.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WANLF'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 4256100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $122.19 Million | 208.22% |
| Total Equity | $58.69 Million | 100.00% |
WANLF Competitors by Market Cap
The table below lists competitors of WANLF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seremban Engineering Bhd
KLSE:5163
|
$1.36 Million |
|
Golden Share Resources Corp
V:GSH
|
$1.36 Million |
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
|
Galore Resources Inc
OTCQB:GALOF
|
$1.36 Million |
|
Agiliti Inc
PINK:AGLY
|
$1.36 Million |
|
Madhucon Projects Limited
NSE:MADHUCON
|
$1.36 Million |
|
Master Drilling Group Ltd
JSE:MDI
|
$1.36 Million |
|
IPB Petroleum Ltd
AU:IPB
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WANLF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,714,000 to 58,685,000, a change of -3,029,000 (-4.9%).
- Net loss of 24,671,000 reduced equity.
- New share issuances of 21,744,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-24.67 Million | -42.04% |
| Share Issuances | $21.74 Million | +37.05% |
| Other Changes | $-102.00K | -0.17% |
| Total Change | $- | -4.91% |
Book Value vs Market Value Analysis
This analysis compares WANLF'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: 0.43x
- 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.
- The price-to-book ratio has increased from 0.32x to 0.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.06 | $0.02 | x |
| 2022-03-31 | $0.07 | $0.02 | x |
| 2023-03-31 | $0.06 | $0.02 | x |
| 2024-03-31 | $0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WANLF 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): -42.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.18%
- • Asset Turnover: 2.04x
- • Equity Multiplier: 1.57x
- Recent ROE (-42.04%) is below the historical average (-15.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.25% | 1.46% | 2.92x | 2.17x | $-394.60K |
| 2022 | 15.05% | 1.37% | 5.00x | 2.20x | $3.10 Million |
| 2023 | -43.38% | -12.94% | 2.48x | 1.35x | $-32.94 Million |
| 2024 | -42.04% | -13.18% | 2.04x | 1.57x | $-30.54 Million |
Industry Comparison
This section compares WANLF's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WANLF (WANLF) | $55.09 Million | 9.25% | 0.74x | $1.36 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |