Xinda International Corp
Tribal Rides International Corp. intends to engage in identifying, developing, and acquiring food technology businesses and assets. The company was formerly known as Xinda International Corp. and changed its name to Tribal Rides International Corp. in February 2021. The company was founded in 2014 and is based in Irvine, California.
Xinda International Corp (XNDA) - Net Assets
Latest net assets as of September 2025: $4.16 Million USD
Based on the latest financial reports, Xinda International Corp (XNDA) has net assets worth $4.16 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.19 Million) and total liabilities ($1.02 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 | $4.16 Million |
| % of Total Assets | 80.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1268.42% |
| 10-Year Change | N/A |
| Growth Volatility | 45.27 |
Xinda International Corp - Net Assets Trend (2014–2025)
This chart illustrates how Xinda International 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 Xinda International Corp (2014–2025)
The table below shows the annual net assets of Xinda International Corp from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.20 Million | +696.88% |
| 2024-12-31 | $-704.16K | 0.00% |
| 2023-12-31 | $-704.16K | -64.38% |
| 2022-12-31 | $-428.37K | -239.47% |
| 2021-12-31 | $307.14K | +452.36% |
| 2020-12-31 | $-87.17K | +19.11% |
| 2019-12-31 | $-107.76K | -1.70% |
| 2018-12-31 | $-105.96K | -21.91% |
| 2017-12-31 | $-86.91K | -931.12% |
| 2016-12-31 | $-8.43K | -148.93% |
| 2015-12-31 | $17.23K | +734.91% |
| 2014-12-31 | $-2.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xinda International 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 279594100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $399.00 | 0.01% |
| Other Components | $7.00 Million | 166.59% |
| Total Equity | $4.20 Million | 100.00% |
Xinda International Corp Competitors by Market Cap
The table below lists competitors of Xinda International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tamilnadu Telecommunication Limited
NSE:TNTELE
|
$1.25 Million |
|
Rex Industry Bhd
KLSE:9946
|
$1.25 Million |
|
Aquaporin AS
CO:AQP
|
$1.25 Million |
|
Nickelsearch Ltd
AU:NIS
|
$1.25 Million |
|
GSP Resource Corp
PINK:GSRCF
|
$1.25 Million |
|
Northbaze Group AB
ST:NBZ
|
$1.25 Million |
|
Ion Energy Ltd
OTCQB:IONGF
|
$1.25 Million |
|
Jiuzi Holdings Inc
NASDAQ:JZXN
|
$1.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinda International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -704,161 to 4,202,999, a change of 4,907,160.
- Net income of 52,842 contributed positively to equity growth.
- Share repurchases of 19 reduced equity.
- Other factors increased equity by 4,854,337.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $52.84K | +1.26% |
| Share Repurchases | $19.00 | -0.0% |
| Other Changes | $4.85 Million | +115.5% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Xinda International 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
- Current price-to-book ratio: 0.29x
- 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 |
|---|---|---|---|
| 2014-12-31 | $0.00 | $0.03 | x |
| 2015-12-31 | $0.00 | $0.03 | x |
| 2016-12-31 | $0.00 | $0.03 | x |
| 2017-12-31 | $0.00 | $0.03 | x |
| 2018-12-31 | $0.00 | $0.03 | x |
| 2019-12-31 | $0.00 | $0.03 | x |
| 2020-12-31 | $0.00 | $0.03 | x |
| 2021-12-31 | $0.01 | $0.03 | x |
| 2022-12-31 | $-0.01 | $0.03 | x |
| 2023-12-31 | $-0.02 | $0.03 | x |
| 2024-12-31 | $-0.02 | $0.03 | x |
| 2025-12-31 | $0.11 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinda International 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): 1.26%
- 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: 1.19x
- Recent ROE (1.26%) is above the historical average (-11.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -71.40% | 1.10x | 0.00x | $-5.24K |
| 2015 | 4.57% | 7.15% | 0.49x | 1.30x | $-934.50 |
| 2016 | 0.00% | -1329.91% | 0.54x | 0.00x | $-24.81K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-69.79K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-67.89K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-67.71K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.58K |
| 2021 | -142.66% | 0.00% | 0.00x | 1.65x | $-468.88K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.60 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-115.50K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-115.50K |
| 2025 | 1.26% | 0.00% | 0.00x | 1.19x | $-367.46K |
Industry Comparison
This section compares Xinda International Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinda International Corp (XNDA) | $4.16 Million | 0.00% | 0.25x | $1.25 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |