Alset Inc. (AEI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Alset Inc. (AEI) stock price & volume — 10-year historical chart
Alset Inc. (AEI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Alset Inc. (AEI) competitors in Real Estate Investment and Platform Companies — business model, growth, and fundamentals comparison
Alset Inc. (AEI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Alset Inc. (AEI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.23M | 10.76M | 20.38M | 24.26M | 16.24M | 19.8M | 4.48M | 22.09M | 21.12M | 12.11M |
| Revenue Growth % | - | 772.39% | 89.47% | 19.02% | -33.06% | 21.93% | -77.37% | 393% | -4.4% | -8.21% |
| Property Operating Expenses | 1.02M | 7.53M | 15.53M | 19.97M | 12.09M | 11.3M | 3.73M | 14.58M | 12.78M | 6.72M |
| Net Operating Income (NOI) | 208.82K▲ 0% | 3.23M▲ 1446.5% | 4.85M▲ 50.1% | 4.29M▼ 11.5% | 4.15M▼ 3.2% | 8.5M▲ 104.6% | 748.45K▼ 91.2% | 7.51M▲ 903.7% | 8.33M▲ 10.9% | 5.39M▲ 0% |
| NOI Margin % | 16.94% | 30.02% | 23.78% | 17.68% | 25.57% | 42.92% | 16.7% | 34.01% | 39.46% | 44.49% |
| Operating Expenses | 5.96M | 8.13M | 7.62M | 11.23M | 6.34M | 23.49M | 7.84M | 10.38M | 12.45M | 12.73M |
| G&A Expenses | 4.28M | 7.78M | 7.16M | 5.86M | 6.34M | 23.49M | 7.84M | 9.53M | 10.84M | 11.37M |
| EBITDA | -5.16M | -4.84M | 17.87M | -6.85M | -1.83M | -14.22M | -6.13M | -1.66M | -2.89M | -6.08M |
| EBITDA Margin % | -418.55% | -45.03% | 87.68% | -28.22% | -11.25% | -71.8% | -136.73% | -7.5% | -13.68% | -50.18% |
| Depreciation & Amortization | 89K | 58.03K | 22.1M | 97.01K | 357.85K | 777.7K | 963.08K | 1.22M | 1.23M | 1.27M |
| D&A / Revenue % | 7.22% | 0.54% | 108.44% | 0.4% | 2.2% | 3.93% | 21.5% | 5.51% | 5.82% | 10.47% |
| Operating Income | -5.25M▲ 0% | -4.9M▲ 6.6% | -4.23M▲ 13.7% | -6.94M▼ 64.1% | -2.18M▲ 68.5% | -14.99M▼ 586.3% | -7.09M▲ 52.7% | -2.87M▲ 59.5% | -4.12M▼ 43.3% | -7.34M▲ 0% |
| Operating Margin % | -425.77% | -45.57% | -20.76% | -28.62% | -13.45% | -75.73% | -158.23% | -13.01% | -19.5% | -60.65% |
| Interest Expense | 0 | 0 | 509.21K | 372.9K | - | 317.28K | 1.85K | 3.98K | 112.08K | 118.19K |
| Interest Coverage | - | - | -8.31x | -18.62x | - | -47.26x | -3825.89x | -721.95x | -36.74x | - |
| Non-Operating Income | 0 | 2.55M | 2.61M | -355.38K | 2.34M | 103.17M | 39.12M | -855.85K | -214.12K | 5.89M |
| Pretax Income | -5.75M▲ 0% | -7.45M▼ 29.6% | -7.39M▲ 0.8% | -6.96M▲ 5.9% | -4.67M▲ 32.8% | -118.48M▼ 2434.8% | -46.21M▲ 61.0% | -61.19M▼ 32.4% | -4.02M▲ 93.4% | -13.36M▲ 0% |
| Pretax Margin % | -466.57% | -69.29% | -36.28% | -28.69% | -28.79% | -598.44% | -1031.43% | -277.01% | -19.01% | -110.3% |
| Income Tax | 585.71K | -588.66K | -2.65M | 431.39K | 8.54K | 534.01K | 0 | 92.35K | 150.79K | 198.26K |
| Effective Tax Rate % | -10.18% | 7.9% | 35.9% | -6.2% | -0.18% | -0.45% | 0% | -0.15% | -3.76% | -1.48% |
| Net Income | -6.34M▲ 0% | -4.31M▲ 32.0% | -4.99M▼ 15.8% | -5.23M▼ 4.8% | -3.15M▲ 39.7% | -103.32M▼ 3178.4% | -40.49M▲ 60.8% | -58.95M▼ 45.6% | -3.97M▲ 93.3% | -12.72M▲ 0% |
| Net Margin % | -514.07% | -40.05% | -24.48% | -21.56% | -19.41% | -521.87% | -903.73% | -266.86% | -18.78% | -105.02% |
| Net Income Growth % | - | 32.03% | -15.81% | -4.82% | 39.74% | -3178.38% | 60.81% | -45.58% | 93.27% | 67.86% |
| Funds From Operations (FFO) | -6.25M▲ 0% | -4.25M▲ 32.0% | 17.11M▲ 502.6% | -5.13M▼ 130.0% | -2.79M▲ 45.6% | -102.55M▼ 3570.5% | -39.53M▲ 61.5% | -57.73M▼ 46.0% | -2.74M▲ 95.3% | -11.45M▲ 0% |
| FFO Margin % | -506.85% | -39.51% | 83.96% | -21.16% | -17.21% | -517.94% | -882.23% | -261.35% | -12.97% | -94.55% |
| FFO Growth % | - | 31.99% | 502.58% | -130% | 45.58% | -3570.46% | 61.45% | -46.05% | 95.26% | -675.64% |
| FFO per Share | -12.50 | -8.50 | 34.22 | -10.27 | -6.69 | -73.29 | -6.07 | -6.38 | -0.30 | -0.35 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0.37% | 0% | 0% |
| EPS (Diluted) | -12.68▲ 0% | -8.17▲ 35.6% | -7.58▲ 7.2% | -9.14▼ 20.6% | -6.55▲ 28.3% | -85.06▼ 1198.6% | -6.22▲ 92.7% | -6.52▼ 4.8% | -0.43▲ 93.4% | -0.39▲ 0% |
| EPS Growth % | - | 35.57% | 7.22% | -20.58% | 28.34% | -1198.63% | 92.69% | -4.82% | 93.4% | 72.13% |
| EPS (Basic) | -12.68 | -8.17 | -7.58 | -9.14 | -6.55 | -85.06 | -6.22 | -6.52 | -0.43 | - |
| Diluted Shares Outstanding | 500.05K | 500.05K | 500.05K | 500.05K | 417.62K | 1.4M | 6.51M | 9.04M | 9.24M | 32.6M |
Alset Inc. (AEI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 57.76M | 60.18M | 48.7M | 35.87M | 107.71M | 184.21M | 153.49M | 126.31M | 96.76M | 169.11M |
| Asset Growth % | - | 4.19% | -19.07% | -26.34% | 200.27% | 71.02% | -16.68% | -17.71% | -23.4% | 33.36% |
| Real Estate & Other Assets | 51.2M | 50.66M | -9.79M | 23.88M | 21.6M | 40.56M | 55.16M | 68.58M | 34.94M | 31.9M |
| PP&E (Net) | 136.09K | 122.57K | 103.42K | 226.34K | 660.12K | 923.54K | 2.91M | 2.21M | 2.06M | 1.12M |
| Investment Securities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Total Current Assets | 6.43M | 9.4M | 9.69M | 11.76M | 85.46M | 142.73M | 95.42M | 55.46M | 59.76M | 44.78M |
| Cash & Equivalents | 2.65M | 1.24M | 1.39M | 2.77M | 24.97M | 56.06M | 17.83M | 26.92M | 27.24M | 25.46M |
| Receivables | 193.38K | 905.86K | 564.76K | 852.12K | 1000K | 1000K | 1000K | 1000K | 1000K | 62.87K |
| Other Current Assets | 2.67M | 2.93M | 4.2M | 4.59M | 8.06M | 4.74M | 694.52K | 967.57K | 939.94K | 5.25M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 36.24M | 25.43M | 19.5M | 13.65M | 9.72M | 13.92M | 4.83M | 9.07M | 6.56M | 4.71M |
| Total Debt | 25.2M | 17.1M | 10.49M | 5.69M | 3.92M | 1.82M | 1.82M | 1.67M | 2.96M | 2.44M |
| Net Debt | 22.55M | 15.86M | 9.1M | 2.91M | -21.05M | -54.24M | -16M | -25.25M | -24.29M | -23.02M |
| Long-Term Debt | 10.52M | 8.79M | 9.02M | 4.97M | 636.36K | 0 | 0 | 126.18K | 93.24K | 74.06K |
| Short-Term Borrowings | 14.68M | 8.31M | 1.47M | 567.11K | 2.71M | 1.15M | 194.51K | 47.61K | 1.34M | 1.28M |
| Capital Lease Obligations | 0 | 0 | 0 | 150.19K | 574.75K | 667.34K | 1.63M | 1.5M | 1.53M | 5.35M |
| Total Current Liabilities | 19.26M | 12.76M | 7.9M | 7.03M | 8.89M | 13.54M | 3.24M | 8.11M | 5.48M | 4.23M |
| Accounts Payable | 4.58M | 2.33M | 4.32M | 4M | 1.67M | 11.34M | 2.98M | 4.37M | 3.61M | 2.27M |
| Deferred Revenue | 0 | 114.11K | 85K | 258.59K | 0 | 728.34K | 21.2K | 2.1K | 0 | 0 |
| Other Liabilities | 6.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 21.52M▲ 0% | 34.75M▲ 61.5% | 29.2M▼ 16.0% | 22.22M▼ 23.9% | 97.99M▲ 341.0% | 170.29M▲ 73.8% | 148.66M▼ 12.7% | 117.25M▼ 21.1% | 90.2M▼ 23.1% | 164.4M▲ 0% |
| Equity Growth % | - | 61.46% | -15.96% | -23.9% | 340.95% | 73.77% | -12.7% | -21.13% | -23.07% | 39.81% |
| Shareholders Equity | 13.29M | 23.02M | 20.05M | 15.25M | 59.97M | 148.38M | 137.65M | 108.65M | 81.33M | 155.68M |
| Minority Interest | 8.23M | 11.72M | 9.16M | 6.98M | 38.02M | 21.91M | 11.01M | 8.6M | 8.87M | 8.71M |
| Common Stock | 10K | 10K | 10K | 10K | 8.57K | 87.37K | 7.42K | 20.47M | 9.23K | 39.1K |
| Additional Paid-in Capital | 40.67M | 51.32M | 53.72M | 54.26M | 102.73M | 296.18M | 322.53M | 332.46M | 334.02M | 419.72M |
| Retained Earnings | -28.54M | -32.24M | -35.26M | -40.49M | -44.91M | -148.23M | -188.72M | -247.89M | -251.85M | -266.89M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -10.97% | -7.31% | -9.17% | -12.37% | -4.39% | -70.79% | -23.98% | -42.13% | -3.56% | -7.52% |
| Return on Equity (ROE) | -29.46% | -15.32% | -15.61% | -20.34% | -5.24% | -77.03% | -25.39% | -44.34% | -3.82% | -7.74% |
| Debt / Assets | 43.63% | 28.42% | 21.54% | 15.86% | 3.64% | 0.99% | 1.19% | 1.32% | 3.06% | 1.44% |
| Debt / Equity | 1.17x | 0.49x | 0.36x | 0.26x | 0.04x | 0.01x | 0.01x | 0.01x | 0.03x | 0.03x |
| Net Debt / EBITDA | - | - | 0.51x | - | - | - | - | - | - | 3.79x |
| Book Value per Share | 43.03 | 69.48 | 58.40 | 44.44 | 234.65 | 121.71 | 22.82 | 12.97 | 9.77 | 5.04 |
Alset Inc. (AEI) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -17.75M | -7.15M | 8.03M | 5.96M | 317.61K | -16.68M | -31.86M | 7.48M | 5.16M | 5.16M |
| Operating CF Growth % | - | 59.74% | 212.31% | -25.76% | -94.67% | -5353.06% | -90.93% | 123.48% | -31.06% | 1943.02% |
| Operating CF / Revenue % | -1439.44% | -66.43% | 39.38% | 24.56% | 1.96% | -84.27% | -710.99% | 33.86% | 24.42% | 42.58% |
| Net Income | -5.75M | -6.86M | -7.39M | -7.39M | -5.1M | -119.02M | -46.21M | -61.28M | -4.17M | -12.72M |
| Depreciation & Amortization | 89K | 58.03K | 41.2K | 97.01K | 357.85K | 777.7K | 963.08K | 1.22M | 1.23M | 1.3M |
| Stock-Based Compensation | -89.33K | 0 | 0 | 0 | 1.56M | 134.19K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -1.06M | 2.54M | 4.05M | 4.5M | 1.85M | 50.87M | 40.25M | 62.56M | 3.48M | 28.77M |
| Working Capital Changes | -10.94M | -2.88M | 11.33M | 8.75M | 1.65M | -2.41M | -26.86M | 4.98M | 4.62M | 10.41M |
| Cash from Investing | 243.79K | -530.54K | -85.64K | -130.63K | 1.78M | -56.04M | -15.12M | -2.13M | 17.47M | -19.42M |
| Acquisitions (Net) | 0 | 0 | -55K | 0 | -200K | -1.24M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | -500K | 0 | 0 | -201.23K | -19.39M | -8.43M | -756.08K | -814.16K | -1.48M |
| Sale of Investments | 0 | 0 | 0 | 0 | 1000K | 1000K | 103.81K | 0 | 0 | 1000K |
| Other Investing | 317K | -500K | -55K | -127K | -200K | -37.78M | -6.2M | -1.34M | 18.39M | -20.23M |
| Cash from Financing | 14.61M | 6.22M | -6.59M | -3.99M | 21.15M | 103.42M | 6.06M | 3.19M | -21.42M | 25.41M |
| Dividends Paid | 0 | 0 | 0 | 0 | -109.92K | -73.75K | 0 | -214.93K | 0 | 0 |
| Common Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -214.93K | 0 | 0 |
| Debt Issuance (Net) | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -155.52K | -31.5K | -316.21K | -309.57K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21.1M | 21.08M |
| Other Financing | 14.61M | 4.33M | 23.5K | -736.22K | 14.07M | 979.59K | 0 | 0 | 0 | 23.13M |
| Net Change in Cash | -2.37M▲ 0% | -1.47M▲ 37.9% | 1.37M▲ 193.3% | 1.82M▲ 32.9% | 23.3M▲ 1178.1% | 29.07M▲ 24.8% | -42.28M▼ 245.5% | 9.37M▲ 122.2% | 294.43K▼ 96.9% | 16.01M▲ 0% |
| Exchange Rate Effect | 526.93K | -14.04K | 25.09K | -18.15K | 50.68K | -1000K | -1000K | 830.06K | -910.84K | -1.7M |
| Cash at Beginning | 7.69M | 5.61M | 4.14M | 5.51M | 8.44M | 31.74M | 60.8M | 18.52M | 27.89M | 17.63M |
| Cash at End | 5.32M | 4.14M | 5.51M | 7.33M | 31.74M | 60.8M | 18.52M | 27.89M | 28.18M | 25.57M |
| Free Cash Flow | -17.82M▲ 0% | -7.18M▲ 59.7% | 7.99M▲ 211.4% | 5.95M▼ 25.5% | 295.94K▼ 95.0% | -16.91M▼ 5814.8% | -32.46M▼ 91.9% | 7.45M▲ 123.0% | 5.05M▼ 32.2% | 8.96M▲ 0% |
| FCF Growth % | - | 59.73% | 211.4% | -25.52% | -95.03% | -5814.77% | -91.9% | 122.95% | -32.17% | 193.36% |
| FCF / Revenue % | -1445.38% | -66.72% | 39.23% | 24.55% | 1.82% | -85.42% | -724.37% | 33.73% | 23.93% | 74.03% |
Alset Inc. (AEI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | -8.5 | 34.22 | -10.27 | -6.69 | -73.29 | -6.07 | -6.38 | -0.3 | -0.35 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% | 0% | 0% | -0.37% | 0% | 0% |
| NOI Margin | 30.02% | 23.78% | 17.68% | 25.57% | 42.92% | 16.7% | 34.01% | 39.46% | 44.49% |
| Net Debt / EBITDA | - | 0.51x | - | - | - | - | - | - | 3.79x |
| Debt / Assets | 28.42% | 21.54% | 15.86% | 3.64% | 0.99% | 1.19% | 1.32% | 3.06% | 1.44% |
| Interest Coverage | - | -8.31x | -18.62x | - | -47.26x | -3825.89x | -721.95x | -36.74x | - |
| Book Value / Share | 69.48 | 58.4 | 44.44 | 234.65 | 121.71 | 22.82 | 12.97 | 9.77 | 5.04 |
| Revenue Growth | 772.39% | 89.47% | 19.02% | -33.06% | 21.93% | -77.37% | 393% | -4.4% | -8.21% |
Alset Inc. (AEI) stock FAQ — growth, dividends, profitability & financials explained
Alset Inc. (AEI) reported $12.1M in revenue for fiscal year 2024. This represents a 882% increase from $1.2M in 2016.
Alset Inc. (AEI) saw revenue decline by 4.4% over the past year.
Alset Inc. (AEI) reported a net loss of $12.7M for fiscal year 2024.
Alset Inc. (AEI) has a return on equity (ROE) of -3.8%. Negative ROE indicates the company is unprofitable.
Alset Inc. (AEI) generated Funds From Operations (FFO) of $-11.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Alset Inc. (AEI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates