Yinhang Internet Technologies Development Inc
Yinhang Internet Technologies Development, Inc., through its subsidiaries, operates an online marketplace for merchants and consumers that enables them to connect, share information, and conduct business in China. The company offers an Internet information service, which provides a classified information platform to end user merchants who advertise their products or services on its Website; and o… Read more
Yinhang Internet Technologies Development Inc (YITD) - Net Assets
Latest net assets as of March 2016: $-10.23 Million USD
Based on the latest financial reports, Yinhang Internet Technologies Development Inc (YITD) has net assets worth $-10.23 Million USD as of March 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.94 Million) and total liabilities ($16.17 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 | $-10.23 Million |
| % of Total Assets | -172.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Yinhang Internet Technologies Development Inc - Net Assets Trend (2012–2015)
This chart illustrates how Yinhang Internet Technologies Development 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 Yinhang Internet Technologies Development Inc (2012–2015)
The table below shows the annual net assets of Yinhang Internet Technologies Development Inc from 2012 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $-10.30 Million | -1279090.68% |
| 2015-03-31 | $-805.00 | -106.05% |
| 2014-12-31 | $13.30K | +110.51% |
| 2013-12-31 | $-126.58K | -380.17% |
| 2012-12-31 | $-26.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yinhang Internet Technologies Development 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 1287560200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.00K | % |
| Other Comprehensive Income | $529.24K | % |
| Other Components | $2.04 Million | % |
| Total Equity | $-10.30 Million | 100.00% |
Yinhang Internet Technologies Development Inc Competitors by Market Cap
The table below lists competitors of Yinhang Internet Technologies Development Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smarttech247 Group PLC
LSE:S247
|
$656.15 |
|
SHUI ON LAND (OL5.SG)
STU:OL5
|
$656.17 |
|
Dankotuwa Porcelain PLC
CM:DPLN0000
|
$656.25 |
|
Grays Leasing Ltd
KAR:GRYL
|
$656.89 |
|
MPY
WAR:MPY
|
$654.71 |
|
ZENITH BANK PLC
XNSA:ZENITHBANK
|
$653.54 |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
$653.09 |
|
B P P L Holding Plc
CM:BPPLN0000
|
$652.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yinhang Internet Technologies Development Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2015, total equity changed from -805 to -10,297,485, a change of -10,296,680.
- Net loss of 4,313,316 reduced equity.
- Other comprehensive income increased equity by 529,244.
- Other factors decreased equity by 6,512,608.
Equity Change Factors (2015 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.31 Million | -41.89% |
| Other Comprehensive Income | $529.24K | +5.14% |
| Other Changes | $-6.51 Million | -63.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Yinhang Internet Technologies Development 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.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $-0.16 | $0.00 | x |
| 2011-12-31 | $-0.12 | $0.00 | x |
| 2012-12-31 | $-0.09 | $0.00 | x |
| 2013-12-31 | $-0.32 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-03-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $-1.45 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yinhang Internet Technologies Development 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -86.69%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.97K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.23K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-111.33K |
| 2013 | 0.00% | -46428.22% | 1.85x | 0.00x | $-1.51 Million |
| 2014 | 0.00% | -1184.62% | 0.49x | 0.00x | $-82.23K |
| 2015 | 0.00% | -5.72% | 0.00x | 0.00x | $-82.23K |
| 2015 | 0.00% | -86.69% | 0.72x | 0.00x | $-3.28 Million |
Industry Comparison
This section compares Yinhang Internet Technologies Development Inc'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 |
|---|---|---|---|---|
| Yinhang Internet Technologies Development Inc (YITD) | $-10.23 Million | 0.00% | N/A | $655.43 |
| 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 |