Ever Fortune.AI Co. Ltd.
Ever Fortune.AI Co., Ltd., an cloud-based biomedical platform, provides medical artificial intelligence solutions and services in China. The company offers radiation therapy organ, head and neck organ delineation system, bone scintigraphy computer-aided detection platform, cerebral hemorrhage detection system, myocardial perfusion image analysis and reporting system, ECG analysis software, acute … Read more
Ever Fortune.AI Co. Ltd. (6841) - Net Assets
Latest net assets as of June 2024: NT$1.89 Billion TWD
Based on the latest financial reports, Ever Fortune.AI Co. Ltd. (6841) has net assets worth NT$1.89 Billion TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.01 Billion) and total liabilities (NT$119.87 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 | NT$1.89 Billion |
| % of Total Assets | 94.05% |
| Annual Growth Rate | 8.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.47 |
Ever Fortune.AI Co. Ltd. - Net Assets Trend (2020–2023)
This chart illustrates how Ever Fortune.AI Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ever Fortune.AI Co. Ltd. (2020–2023)
The table below shows the annual net assets of Ever Fortune.AI Co. Ltd. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$2.00 Billion | +21.37% |
| 2022-12-31 | NT$1.65 Billion | +9.09% |
| 2021-12-31 | NT$1.51 Billion | -4.27% |
| 2020-12-31 | NT$1.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ever Fortune.AI Co. Ltd.'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 grown by 5317000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$985.20 Million | 50.94% |
| Other Components | NT$990.76 Million | 51.23% |
| Total Equity | NT$1.93 Billion | 100.00% |
Ever Fortune.AI Co. Ltd. Competitors by Market Cap
The table below lists competitors of Ever Fortune.AI Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Sanmao Enterprise Group Co Ltd B
SHG:900922
|
$109.84 Million |
|
Kginicis Co.Ltd
KQ:035600
|
$109.84 Million |
|
Humana AB (publ)
ST:HUM
|
$109.85 Million |
|
National Aerospace Fasteners Corp
TW:3004
|
$109.87 Million |
|
CanAlaska Uranium Ltd
OTCQX:CVVUF
|
$109.79 Million |
|
ALTEO ENERG.NYIL M.UF125
F:54O
|
$109.76 Million |
|
TNG Limited
PINK:TNGZF
|
$109.76 Million |
|
Khgears International Limited
TW:4571
|
$109.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ever Fortune.AI Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,646,515,000 to 1,933,917,000, a change of 287,402,000 (17.5%).
- Net loss of 42,040,000 reduced equity.
- Dividend payments of 194,106,000 reduced retained earnings.
- Other factors increased equity by 523,548,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-42.04 Million | -2.17% |
| Dividends Paid | NT$194.11 Million | -10.04% |
| Other Changes | NT$523.55 Million | +27.07% |
| Total Change | NT$- | 17.46% |
Book Value vs Market Value Analysis
This analysis compares Ever Fortune.AI Co. Ltd.'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: 2.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.06x to 2.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$28.53 | NT$58.90 | x |
| 2021-12-31 | NT$17.10 | NT$58.90 | x |
| 2022-12-31 | NT$18.53 | NT$58.90 | x |
| 2023-12-31 | NT$20.21 | NT$58.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ever Fortune.AI Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -44.73%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.08x
- Recent ROE (-2.17%) is below the historical average (-0.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.43% | -1552.88% | 0.00x | 1.02x | NT$-211.81 Million |
| 2021 | -3.59% | -141.73% | 0.02x | 1.03x | NT$-205.13 Million |
| 2022 | 8.29% | 253.19% | 0.03x | 1.02x | NT$-28.17 Million |
| 2023 | -2.17% | -44.73% | 0.05x | 1.08x | NT$-235.43 Million |
Industry Comparison
This section compares Ever Fortune.AI Co. Ltd.'s net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $669,803,500
- Average return on equity (ROE) among peers: 12.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ever Fortune.AI Co. Ltd. (6841) | NT$1.89 Billion | -3.43% | 0.06x | $109.81 Million |
| Onyx Healthcare Inc. (6569) | $1.02 Billion | 23.47% | 0.35x | $35.84 Million |
| EBM Technologies Incorporated (8409) | $319.60 Million | 1.25% | 0.47x | $11.27 Million |