Affluence Corporation
Affluence Corporation operates as a social networking platform. The company offers Internet of Things, infrastructure and technologies, 5G solutions, edge computing, cloud business, and operation system solutions. It also offers its solutions for power industrial automation, smart cities, healthcare, AI, and robotics. The company was incorporated in 2008 and is based in Bethel, the United States.
Affluence Corporation (AFFU) - Total Assets
Latest total assets as of June 2025: $5.92 Million USD
Based on the latest financial reports, Affluence Corporation (AFFU) holds total assets worth $5.92 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Affluence Corporation - Total Assets Trend (2008–2024)
This chart illustrates how Affluence Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Affluence Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Affluence Corporation's total assets of $5.92 Million consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $239.97K | 5.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.39 Million | 83.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Affluence Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Affluence Corporation's current assets represent 6.0% of total assets in 2024, a decrease from 81.2% in 2008.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 75.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 82.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 83.0% of total assets.
Affluence Corporation Competitors by Total Assets
Key competitors of Affluence Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Affluence Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Affluence Corporation generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Affluence Corporation is currently not profitable relative to its asset base.
Affluence Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.17 | 8.21 | 0.30 |
| Quick Ratio | 0.17 | 8.21 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-15.47 Million | $ 400.39K | $ -556.45K |
Affluence Corporation - Advanced Valuation Insights
This section examines the relationship between Affluence Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -14.3% |
| Total Assets | $4.09 Million |
| Market Capitalization | $3.98K USD |
Valuation Analysis
Below Book Valuation: The market values Affluence Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Affluence Corporation's assets decreased by 14.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Affluence Corporation (2008–2024)
The table below shows the annual total assets of Affluence Corporation from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.09 Million | -14.34% |
| 2023-12-31 | $4.77 Million | -1.67% |
| 2022-12-31 | $4.85 Million | +15.98% |
| 2021-12-31 | $4.18 Million | -0.78% |
| 2020-12-31 | $4.22 Million | +1122.52% |
| 2019-12-31 | $345.00K | -49.71% |
| 2018-12-31 | $686.00K | 0.00% |
| 2017-12-31 | $686.00K | +243.00% |
| 2010-12-31 | $200.00K | +27.39% |
| 2009-12-31 | $157.00K | -13.26% |
| 2008-12-31 | $181.00K | -- |