Aluula Composites Inc.
Aluula Composites Inc. manufactures and sells ultra-strong, lightweight, and recyclable composite materials for use across various industries in Sri Lanka, Vietnam, United States, Europe, Canada, Hong Kong, and internationally. The company also manufactures and sells composite materials for wind sports, outdoor, sailing, and commercial industries. In addition, the company assembles and sells soft… Read more
Aluula Composites Inc. (AUUA) - Net Assets
Latest net assets as of April 2024: CA$10.91 Million CAD
Based on the latest financial reports, Aluula Composites Inc. (AUUA) has net assets worth CA$10.91 Million CAD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.95 Million) and total liabilities (CA$5.03 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 | CA$10.91 Million |
| % of Total Assets | 68.44% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Aluula Composites Inc. - Net Assets Trend (2021–2023)
This chart illustrates how Aluula Composites 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 Aluula Composites Inc. (2021–2023)
The table below shows the annual net assets of Aluula Composites Inc. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | CA$11.87 Million | +126.10% |
| 2022-10-31 | CA$5.25 Million | +986.13% |
| 2021-10-31 | CA$-592.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aluula Composites 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 563699700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$18.14 Million | 152.75% |
| Total Equity | CA$11.87 Million | 100.00% |
Aluula Composites Inc. Competitors by Market Cap
The table below lists competitors of Aluula Composites Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tai Roun Products Co Ltd
TW:1220
|
$37.61 Million |
|
Kr1 PLC
PINK:KROEF
|
$37.64 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$37.67 Million |
|
Nongwoobio Co. Ltd
KQ:054050
|
$37.67 Million |
|
Anel Elektrik Proje Taahhut ve Ticaret AS
IS:ANELE
|
$37.60 Million |
|
Rawlplug S.A.
WAR:RWL
|
$37.58 Million |
|
Schwager
SN:SCHWAGER
|
$37.58 Million |
|
Norse Atlantic ASA
OTCQX:NRSAF
|
$37.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aluula Composites Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,250,972 to 11,872,484, a change of 6,621,512 (126.1%).
- Net loss of 5,155,427 reduced equity.
- New share issuances of 8,671,289 increased equity.
- Other factors increased equity by 3,105,650.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.16 Million | -43.42% |
| Share Issuances | CA$8.67 Million | +73.04% |
| Other Changes | CA$3.11 Million | +26.16% |
| Total Change | CA$- | 126.10% |
Book Value vs Market Value Analysis
This analysis compares Aluula Composites 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
- Current price-to-book ratio: 67.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | CA$0.00 | CA$3.20 | x |
| 2022-10-31 | CA$0.02 | CA$3.20 | x |
| 2023-10-31 | CA$0.05 | CA$3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aluula Composites 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): -43.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -70.17%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.28x
- Recent ROE (-43.42%) is below the historical average (-17.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 25.16% | 0.80x | 0.00x | CA$570.62K |
| 2022 | -9.17% | -17.55% | 0.19x | 2.81x | CA$-1.01 Million |
| 2023 | -43.42% | -70.17% | 0.48x | 1.28x | CA$-6.34 Million |
Industry Comparison
This section compares Aluula Composites Inc.'s net assets metrics with peer companies in the Textile Manufacturing industry.
No peer company data available for comparison.