noco-noco Inc. Ordinary Share (NCNC) - Net Assets
Based on the latest financial reports, noco-noco Inc. Ordinary Share (NCNC) has net assets worth $-7.11 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($502.54K) and total liabilities ($7.61 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. Check NCNC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-7.11 Million |
| % of Total Assets | -1414.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
noco-noco Inc. Ordinary Share - Net Assets Trend (2021–2024)
This chart illustrates how noco-noco Inc. Ordinary Share's net assets have evolved over time, based on quarterly financial data. See how many days can noco-noco Inc. Ordinary Share fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for noco-noco Inc. Ordinary Share (2021–2024)
The table below shows the annual net assets of noco-noco Inc. Ordinary Share from 2021 to 2024. For live valuation and market cap data, see noco-noco Inc. Ordinary Share (NCNC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-7.11 Million | -93.32% |
| 2023-06-30 | $-3.68 Million | -368.67% |
| 2022-06-30 | $-784.82K | +36.79% |
| 2021-06-30 | $-1.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to noco-noco Inc. Ordinary Share'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 2912321900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.04K | % |
| Other Comprehensive Income | $-416.28K | % |
| Other Components | $23.69 Million | % |
| Total Equity | $-7.11 Million | 100.00% |
noco-noco Inc. Ordinary Share Competitors by Market Cap
The table below lists competitors of noco-noco Inc. Ordinary Share ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CAP-XX Limited
LSE:CPX
|
$193.98K |
|
Lipella Pharmaceuticals Inc. Common Stock
NASDAQ:LIPO
|
$194.07K |
|
MYCELX Technologies Corporation
LSE:MYX
|
$194.17K |
|
First Class Metals PLC
LSE:FCM
|
$195.00K |
|
Afine Investments Ltd
JSE:ANI
|
$192.75K |
|
Graphjet Technology
NASDAQ:GTI
|
$192.60K |
|
ATMOFIZER TECHNOL.INC. B
F:J3KA
|
$190.10K |
|
Bumhan Fuel Cell Co. Ltd.
KQ:382900
|
$188.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in noco-noco Inc. Ordinary Share's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,678,323 to -7,110,820, a change of -3,432,497.
- Net loss of 11,254,626 reduced equity.
- Other comprehensive income increased equity by 34,761.
- Other factors increased equity by 7,787,368.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.25 Million | -158.27% |
| Other Comprehensive Income | $34.76K | +0.49% |
| Other Changes | $7.79 Million | +109.51% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares noco-noco Inc. Ordinary Share'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $-0.01 | $0.00 | x |
| 2022-06-30 | $-0.09 | $0.00 | x |
| 2023-06-30 | $-0.03 | $0.00 | x |
| 2024-06-30 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently noco-noco Inc. Ordinary Share 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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% | 0.00% | 0.00x | 0.00x | $-547.64K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-998.34K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.42 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.54 Million |
Industry Comparison
This section compares noco-noco Inc. Ordinary Share's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,224,257,218
- Average return on equity (ROE) among peers: 27.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| noco-noco Inc. Ordinary Share (NCNC) | $-7.11 Million | 0.00% | N/A | $192.96K |
| Advance Auto Parts Inc (AAP) | $722.32 Million | 26.03% | 2.05x | $3.51 Billion |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $659.00 Million | 96.97% | 5.43x | $9.78 Billion |
| Autoliv Inc (ALV) | $3.35 Billion | 18.61% | 0.83x | $8.71 Billion |
| Aptiv PLC (APTV) | $9.50 Billion | 1.74% | 1.46x | $13.30 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $378.50 Million | 54.80% | 2.57x | $4.15 Billion |
| American Axle & Manufacturing (AXL) | $1.54 Billion | 21.89% | 4.12x | $1.36 Billion |
| AutoZone Inc (AZO) | $528.40 Million | 22.03% | 0.67x | $50.41 Billion |
| BorgWarner Inc (BWA) | $730.20 Million | -1.66% | 0.47x | $14.47 Billion |
| China Automotive Systems Inc (CAAS) | $216.16 Million | 18.87% | 1.16x | $135.16 Million |
About noco-noco Inc. Ordinary Share
noco-noco Inc. operates as an early-stage decarbonization solution provider in Asia. The company engages in manufacturing and leasing battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carb… Read more