Wiremedia Inc
Wiremedia, Inc. provides location-based Bluetooth advertising solutions. The company primarily focuses on creating mobile technologies and data applications. It offers mobile content marketing and distribution services to deliver mobile applications, services, and content to various industries and sectors worldwide. Wiremedia, Inc. was formerly known as Wiremedia Com, Inc. and changed its name to… Read more
Wiremedia Inc (WRMA) - Net Assets
Latest net assets as of June 2007: $137.92K USD
Based on the latest financial reports, Wiremedia Inc (WRMA) has net assets worth $137.92K USD as of June 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($260.39K) and total liabilities ($122.47K). 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 | $137.92K |
| % of Total Assets | 52.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Wiremedia Inc - Net Assets Trend (2003–2006)
This chart illustrates how Wiremedia 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 Wiremedia Inc (2003–2006)
The table below shows the annual net assets of Wiremedia Inc from 2003 to 2006.
| Year | Net Assets | Change |
|---|---|---|
| 2006-12-31 | $168.14K | +2978.19% |
| 2005-12-31 | $-5.84K | +94.19% |
| 2004-12-31 | $-100.47K | -5.13% |
| 2003-12-31 | $-95.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wiremedia 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 9063500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2006)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.40K | 0.83% |
| Other Components | $353.94K | 210.50% |
| Total Equity | $168.14K | 100.00% |
Wiremedia Inc Competitors by Market Cap
The table below lists competitors of Wiremedia Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metavisio (Thomson Computing)
PA:ALTHO
|
$12.26 |
|
Crown Equities Inc
PSE:CEI
|
$12.26 |
|
Vaycaychella Inc
PINK:VAYK
|
$12.34 |
|
S M B LEASING PLC
CM:SEMBX0000
|
$12.67 |
|
Eq Energy Drink Inc
PINK:EQLB
|
$12.02 |
|
UGANDA CLAYS LTD
USE:UCL
|
$11.82 |
|
Movie Studio Inc
PINK:MVES
|
$11.38 |
|
ACLEW
PINK:ACLEW
|
$11.36 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wiremedia Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2005 to 2006, total equity changed from -5,839 to 168,144, a change of 173,983.
- Net loss of 49,727 reduced equity.
- Other factors increased equity by 223,710.
Equity Change Factors (2005 to 2006)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-49.73K | -29.57% |
| Other Changes | $223.71K | +133.05% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Wiremedia 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Wiremedia 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): -29.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -745.64%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.71x
- Recent ROE (-29.57%) is below the historical average (-7.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 12.15% | 0.49x | 0.00x | $12.21K |
| 2004 | 0.00% | -79.01% | 0.15x | 0.00x | $5.37K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.31K |
| 2006 | -29.57% | -745.64% | 0.02x | 1.71x | $-66.54K |
Industry Comparison
This section compares Wiremedia Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wiremedia Inc (WRMA) | $137.92K | 0.00% | 0.89x | $12.04 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |