Sharing Economy International Inc
Sharing Economy International Inc., through its subsidiaries, engages in the development of online platforms and rental business in Hong Kong and internationally. The company is involved in the sharing blocks business, which develops sharing economy applications to share, communicate, and collaborate. It also offers ECrent, online rental platform; BuddiGo, a peer-to-peer resource sharing platform… Read more
Sharing Economy International Inc (SEII) - Total Assets
Latest total assets as of March 2023: $2.98 Million USD
Based on the latest financial reports, Sharing Economy International Inc (SEII) holds total assets worth $2.98 Million USD as of March 2023.
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.
Sharing Economy International Inc - Total Assets Trend (2004–2022)
This chart illustrates how Sharing Economy International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sharing Economy International Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Sharing Economy International Inc's total assets of $2.98 Million consist of 90.7% current assets and 9.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $294.68K | 9.9% |
| Inventory | $-75.22K | -2.5% |
| Property, Plant & Equipment | $269.08K | 9.0% |
| Intangible Assets | $7.45K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2022)
This chart illustrates how Sharing Economy International Inc'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: Sharing Economy International Inc's current assets represent 90.7% of total assets in 2022, a decrease from 100.0% in 2004.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2022, down from 100.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 9.9% of total assets.
Sharing Economy International Inc Competitors by Total Assets
Key competitors of Sharing Economy International Inc 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 |
Sharing Economy International Inc - 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 - Sharing Economy International Inc generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sharing Economy International Inc is currently not profitable relative to its asset base.
Sharing Economy International Inc - 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 | 0.22 | 0.30 | 2.95 |
| Quick Ratio | 0.22 | 0.30 | 2.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.70 Million | $ -8.81 Million | $ 19.15 Million |
Sharing Economy International Inc - Advanced Valuation Insights
This section examines the relationship between Sharing Economy International Inc'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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -34.7% |
| Total Assets | $2.98 Million |
| Market Capitalization | $41.94K USD |
Valuation Analysis
Below Book Valuation: The market values Sharing Economy International Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sharing Economy International Inc's assets decreased by 34.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sharing Economy International Inc (2004–2022)
The table below shows the annual total assets of Sharing Economy International Inc from 2004 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $2.98 Million | -34.67% |
| 2021-12-31 | $4.57 Million | -0.96% |
| 2020-12-31 | $4.61 Million | -37.39% |
| 2019-12-31 | $7.36 Million | -84.11% |
| 2018-12-31 | $46.34 Million | -34.32% |
| 2017-12-31 | $70.56 Million | +0.27% |
| 2016-12-31 | $70.37 Million | -25.63% |
| 2015-12-31 | $94.61 Million | -12.25% |
| 2014-12-31 | $107.81 Million | +3.33% |
| 2013-12-31 | $104.34 Million | +16.02% |
| 2012-12-31 | $89.94 Million | +8.90% |
| 2011-12-31 | $82.59 Million | +11.28% |
| 2010-12-31 | $74.22 Million | +41.30% |
| 2009-12-31 | $52.52 Million | +40.69% |
| 2008-12-31 | $37.33 Million | +31.01% |
| 2007-12-31 | $28.50 Million | +949881000.00% |
| 2006-12-31 | $3.00 | 0.00% |
| 2005-12-31 | $3.00 | 0.00% |
| 2004-12-31 | $3.00 | -- |