Yummies Inc
Yummies, Inc., through its subsidiary, provides business training and entrepreneurship education services in the Chinese language to owners of business start-ups, aspiring entrepreneurs, and small and medium enterprises. The company provides management consultancy services, corporate training programs, and motivational courses in the areas of business management and entrepreneurship. It also orga… Read more
Yummies Inc (YUMM) - Net Assets
Latest net assets as of June 2024: $-10.61K USD
Based on the latest financial reports, Yummies Inc (YUMM) has net assets worth $-10.61K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($215.00) and total liabilities ($10.83K). 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 | $-10.61K |
| % of Total Assets | -4935.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -173.77% |
| 10-Year Change | N/A |
| Growth Volatility | 285.16 |
Yummies Inc - Net Assets Trend (2004–2023)
This chart illustrates how Yummies 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 Yummies Inc (2004–2023)
The table below shows the annual net assets of Yummies Inc from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-13.77K | -173.51% |
| 2022-09-30 | $18.73K | -0.84% |
| 2021-09-30 | $18.89K | +41.75% |
| 2020-09-30 | $13.33K | -28.60% |
| 2019-09-30 | $18.67K | +366.73% |
| 2018-09-30 | $4.00K | +108.55% |
| 2017-09-30 | $-46.78K | +4.36% |
| 2016-09-30 | $-48.92K | -5.88% |
| 2015-09-30 | $-46.20K | +2.97% |
| 2014-09-30 | $-47.62K | -7.22% |
| 2013-09-30 | $-44.41K | -8.12% |
| 2012-09-30 | $-41.07K | -11.61% |
| 2011-09-30 | $-36.80K | -31.64% |
| 2010-09-30 | $-27.96K | -30.46% |
| 2009-09-30 | $-21.43K | -57.35% |
| 2008-09-30 | $-13.62K | -56.76% |
| 2007-09-30 | $-8.69K | -141.71% |
| 2006-09-30 | $-3.59K | -660.69% |
| 2005-09-30 | $641.00 | -85.46% |
| 2004-09-30 | $4.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yummies 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 33950900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $47.22K | % |
| Other Components | $288.40K | % |
| Total Equity | $-13.77K | 100.00% |
Yummies Inc Competitors by Market Cap
The table below lists competitors of Yummies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Good Will Instrument Co Ltd
TW:2423
|
$90.45 Million |
|
SIEM OFFSHORE NEW DL 1
F:S5H0
|
$90.45 Million |
|
FONAR CORP. NEW DL-0001
F:FOAA
|
$90.54 Million |
|
Anadolu Hayat Emeklilik Anonim Sirketi
PINK:AUHYF
|
$90.55 Million |
|
Dmc Global Inc
NASDAQ:BOOM
|
$90.42 Million |
|
DELTA PLUS GRP INH.EO-50
F:7E1
|
$90.38 Million |
|
BNCCorp Inc
OTCQX:BNCC
|
$90.37 Million |
|
Golden Matrix Group Inc
NASDAQ:GMGI
|
$90.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yummies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 18,735 to -13,772, a change of -32,507 (-173.5%).
- Net loss of 63,075 reduced equity.
- Other factors increased equity by 30,568.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-63.08K | -457.99% |
| Other Changes | $30.57K | +221.96% |
| Total Change | $- | -173.51% |
Book Value vs Market Value Analysis
This analysis compares Yummies 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 |
|---|---|---|---|
| 2004-09-30 | $0.00 | $0.75 | x |
| 2005-09-30 | $0.00 | $0.75 | x |
| 2006-09-30 | $0.00 | $0.75 | x |
| 2007-09-30 | $0.00 | $0.75 | x |
| 2008-09-30 | $-0.01 | $0.75 | x |
| 2009-09-30 | $-0.01 | $0.75 | x |
| 2010-09-30 | $-0.01 | $0.75 | x |
| 2011-09-30 | $-0.01 | $0.75 | x |
| 2012-09-30 | $-0.02 | $0.75 | x |
| 2013-09-30 | $-0.02 | $0.75 | x |
| 2014-09-30 | $-0.02 | $0.75 | x |
| 2015-09-30 | $-0.02 | $0.75 | x |
| 2016-09-30 | $-0.02 | $0.75 | x |
| 2017-09-30 | $-0.02 | $0.75 | x |
| 2018-09-30 | $0.00 | $0.75 | x |
| 2019-09-30 | $0.00 | $0.75 | x |
| 2020-09-30 | $0.00 | $0.75 | x |
| 2021-09-30 | $0.00 | $0.75 | x |
| 2022-09-30 | $0.00 | $0.75 | x |
| 2023-09-30 | $0.00 | $0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yummies 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (34.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -82.53% | 0.00% | 0.00x | 1.75x | $-4.08K |
| 2005 | -587.68% | 0.00% | 0.00x | 7.54x | $-3.83K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.88K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.42K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.57K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.67K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.25K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.38K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.36K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.76K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.98K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.61K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.26K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.45K |
| 2018 | 2274.55% | 0.00% | 0.00x | 1.00x | $90.58K |
| 2019 | -205.20% | -1058.52% | 0.17x | 1.12x | $-40.17K |
| 2020 | -210.34% | -757.73% | 0.28x | 1.00x | $-29.37K |
| 2021 | -322.65% | 0.00% | -0.70x | 1.00x | $-62.85K |
| 2022 | -176.38% | 0.00% | -0.27x | 1.00x | $-34.92K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-61.70K |
Industry Comparison
This section compares Yummies Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yummies Inc (YUMM) | $-10.61K | -82.53% | N/A | $90.44 Million |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |