Airnet Technology Inc
AirNet Technology Inc., together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. The company provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainmen… Read more
Airnet Technology Inc (ANTE) - Net Assets
Latest net assets as of June 2025: $-17.59 Million USD
Based on the latest financial reports, Airnet Technology Inc (ANTE) has net assets worth $-17.59 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($66.34 Million) and total liabilities ($83.93 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 | $-17.59 Million |
| % of Total Assets | -26.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -105.53% |
| Growth Volatility | 568.25 |
Airnet Technology Inc - Net Assets Trend (2005–2024)
This chart illustrates how Airnet Technology 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 Airnet Technology Inc (2005–2024)
The table below shows the annual net assets of Airnet Technology Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-22.01 Million | -4.36% |
| 2023-12-31 | $-21.09 Million | -257.92% |
| 2022-12-31 | $13.35 Million | +249.46% |
| 2021-12-31 | $-8.93 Million | -557.88% |
| 2020-12-31 | $-1.36 Million | +92.84% |
| 2019-12-31 | $-18.96 Million | -115.33% |
| 2018-12-31 | $123.68 Million | 0.00% |
| 2017-12-31 | $123.68 Million | -53.61% |
| 2016-12-31 | $266.60 Million | -32.95% |
| 2015-12-31 | $397.63 Million | +47.89% |
| 2014-12-31 | $268.87 Million | -7.71% |
| 2013-12-31 | $291.34 Million | +21.68% |
| 2012-12-31 | $239.44 Million | -11.34% |
| 2011-12-31 | $270.06 Million | -2.41% |
| 2010-12-31 | $276.72 Million | +1.26% |
| 2009-12-31 | $273.28 Million | -9.41% |
| 2008-12-31 | $301.68 Million | +17.11% |
| 2007-12-31 | $257.60 Million | +2233.99% |
| 2006-12-31 | $11.04 Million | +206.07% |
| 2005-12-31 | $3.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Airnet Technology 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 32976600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $575.00K | 5.26% |
| Other Comprehensive Income | $33.41 Million | 305.73% |
| Other Components | $309.41 Million | 2831.60% |
| Total Equity | $10.93 Million | 100.00% |
Airnet Technology Inc Competitors by Market Cap
The table below lists competitors of Airnet Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Windsor Machines Limited
NSE:WINDMACHIN
|
$46.31 Million |
|
Horizon Space Acquisition II Corp. Ordinary share
NASDAQ:HSPT
|
$46.31 Million |
|
GUMI INC.
F:1G9
|
$46.34 Million |
|
NIGHTINGALE HEALTH EO 1
F:7XE
|
$46.34 Million |
|
Universal Electronics Inc
NASDAQ:UEIC
|
$46.30 Million |
|
Hankook Cosmet
KO:123690
|
$46.30 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$46.29 Million |
|
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
|
$46.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Airnet Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,849,000 to 10,927,000, a change of -922,000 (-7.8%).
- Net loss of 13,651,000 reduced equity.
- New share issuances of 5,700,000 increased equity.
- Other comprehensive income increased equity by 528,000.
- Other factors increased equity by 6,501,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.65 Million | -124.93% |
| Share Issuances | $5.70 Million | +52.16% |
| Other Comprehensive Income | $528.00K | +4.83% |
| Other Changes | $6.50 Million | +59.49% |
| Total Change | $- | -7.78% |
Book Value vs Market Value Analysis
This analysis compares Airnet Technology 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: 2.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $-1.72 | $3.48 | x |
| 2006-12-31 | $0.14 | $3.48 | x |
| 2007-12-31 | $140.25 | $3.48 | x |
| 2008-12-31 | $87.31 | $3.48 | x |
| 2009-12-31 | $82.26 | $3.48 | x |
| 2010-12-31 | $84.86 | $3.48 | x |
| 2011-12-31 | $84.68 | $3.48 | x |
| 2012-12-31 | $77.86 | $3.48 | x |
| 2013-12-31 | $90.03 | $3.48 | x |
| 2014-12-31 | $83.40 | $3.48 | x |
| 2015-12-31 | $127.01 | $3.48 | x |
| 2016-12-31 | $85.81 | $3.48 | x |
| 2017-12-31 | $1.18 | $3.48 | x |
| 2018-12-31 | $47.01 | $3.48 | x |
| 2019-12-31 | $6.51 | $3.48 | x |
| 2020-12-31 | $10.06 | $3.48 | x |
| 2021-12-31 | $5.58 | $3.48 | x |
| 2022-12-31 | $11.49 | $3.48 | x |
| 2023-12-31 | $1.80 | $3.48 | x |
| 2024-12-31 | $1.36 | $3.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Airnet Technology 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): -124.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3979.88%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 5.51x
- Recent ROE (-124.93%) is below the historical average (64.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -178.19% | 0.21x | 0.00x | $-2.13 Million |
| 2006 | 1839.82% | 22.67% | 0.87x | 92.97x | $4.04 Million |
| 2007 | -1.98% | -12.28% | 0.16x | 1.04x | $-30.87 Million |
| 2008 | 10.04% | 25.28% | 0.36x | 1.10x | $124.80K |
| 2009 | -11.20% | -20.23% | 0.46x | 1.20x | $-57.24 Million |
| 2010 | -1.78% | -2.13% | 0.66x | 1.26x | $-32.48 Million |
| 2011 | -3.53% | -3.55% | 0.75x | 1.33x | $-36.81 Million |
| 2012 | -13.53% | -11.41% | 0.83x | 1.42x | $-56.92 Million |
| 2013 | -3.92% | -3.90% | 0.68x | 1.49x | $-37.72 Million |
| 2014 | -10.33% | -10.18% | 0.64x | 1.59x | $-50.57 Million |
| 2015 | 38.71% | 297.91% | 0.09x | 1.38x | $110.99 Million |
| 2016 | -24.42% | -397.41% | 0.04x | 1.42x | $-92.50 Million |
| 2017 | -105.98% | -658.60% | 0.11x | 1.52x | $-171.24 Million |
| 2018 | -61.02% | -367.05% | 0.11x | 1.52x | $-104.86 Million |
| 2019 | -165.68% | -130.29% | 0.27x | 4.77x | $-35.95 Million |
| 2020 | 23.80% | 32.12% | 0.20x | 3.64x | $4.36 Million |
| 2021 | -70.76% | -148.45% | 0.12x | 3.92x | $-19.78 Million |
| 2022 | -15.31% | -262.14% | 0.02x | 2.52x | $-11.58 Million |
| 2023 | -4.84% | -67.93% | 0.01x | 6.09x | $-1.76 Million |
| 2024 | -124.93% | -3979.88% | 0.01x | 5.51x | $-14.74 Million |
Industry Comparison
This section compares Airnet Technology Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $272,327,751
- Average return on equity (ROE) among peers: 8.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Airnet Technology Inc (ANTE) | $-17.59 Million | 0.00% | N/A | $46.30 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |