Top KingWin Ltd
Top KingWin Ltd offers corporate business training, corporate consulting, and advisory and transaction services in the People's Republic of China. The company sells devices to support artificial intelligence (AI) data collection and analysis. It serves entrepreneurs and executives in small and medium enterprises. The company was founded in 2018 and is headquartered in Guangzhou, China.
Top KingWin Ltd (WAI) - Net Assets
Latest net assets as of June 2025: $36.88 Million USD
Based on the latest financial reports, Top KingWin Ltd (WAI) has net assets worth $36.88 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 ($42.28 Million) and total liabilities ($5.40 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 | $36.88 Million |
| % of Total Assets | 87.22% |
| Annual Growth Rate | 198.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 205.13 |
Top KingWin Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Top KingWin Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Top KingWin Ltd (2020–2024)
The table below shows the annual net assets of Top KingWin Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.70 Million | +382.14% |
| 2023-12-31 | $7.40 Million | +306.42% |
| 2022-12-31 | $1.82 Million | -34.86% |
| 2021-12-31 | $2.80 Million | +522.58% |
| 2020-12-31 | $449.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Top KingWin Ltd'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 3475.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.30K | 0.05% |
| Other Comprehensive Income | $8.10K | 0.02% |
| Other Components | $45.28 Million | 126.84% |
| Total Equity | $35.70 Million | 100.00% |
Top KingWin Ltd Competitors by Market Cap
The table below lists competitors of Top KingWin Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
$960.23K |
|
MMAG Holdings Bhd
KLSE:0034
|
$960.62K |
|
LSE GROUP - Dusseldorf Stock Exchang
DU:LS4C
|
$960.98K |
|
Norra Metals Corp
PINK:NRRMF
|
$961.07K |
|
MODERN LAND (CHINA) DL-01
F:7PJ
|
$959.30K |
|
Frontier Transport Holdings Ltd
JSE:FTH
|
$959.28K |
|
Matachewan Consolidated Mines Limited
PINK:MWCAF
|
$959.26K |
|
Novus Holdings Ltd
JSE:NVS
|
$959.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Top KingWin Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,404,952 to 35,702,025, a change of 28,297,073 (382.1%).
- Net loss of 8,679,289 reduced equity.
- New share issuances of 35,251,717 increased equity.
- Other comprehensive income decreased equity by 48,655.
- Other factors increased equity by 1,773,300.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.68 Million | -24.31% |
| Share Issuances | $35.25 Million | +98.74% |
| Other Comprehensive Income | $-48.66K | -0.14% |
| Other Changes | $1.77 Million | +4.97% |
| Total Change | $- | 382.14% |
Book Value vs Market Value Analysis
This analysis compares Top KingWin Ltd'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: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.76x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.76 | $2.10 | x |
| 2021-12-31 | $4.74 | $2.10 | x |
| 2022-12-31 | $3.09 | $2.10 | x |
| 2023-12-31 | $12.55 | $2.10 | x |
| 2024-12-31 | $60.51 | $2.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Top KingWin Ltd 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): -24.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -231.43%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.16x
- Recent ROE (-24.31%) is below the historical average (11.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 75.67% | 25.49% | 0.74x | 4.00x | $295.04K |
| 2021 | 82.54% | 36.68% | 1.07x | 2.10x | $2.03 Million |
| 2022 | -42.34% | -24.71% | 0.61x | 2.79x | $-953.68K |
| 2023 | -34.40% | -46.76% | 0.53x | 1.38x | $-3.29 Million |
| 2024 | -24.31% | -231.43% | 0.09x | 1.16x | $-12.25 Million |
Industry Comparison
This section compares Top KingWin Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $131,214,049
- Average return on equity (ROE) among peers: -2225.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Top KingWin Ltd (WAI) | $36.88 Million | 75.67% | 0.15x | $960.15K |
| Armada Mercantile Ltd (AAMTF) | $-177.83K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.25 Billion | 17.41% | 1.10x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-853.22K | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $199.05 Million |
| Abits Group Inc. (ABTS) | $11.31 Million | -111.43% | 0.09x | $4.44 Million |
| Argentex Group PLC (AGXTF) | $28.70 Million | 20.56% | 2.22x | $4.51 Million |
| Sphere 3D Corp (ANY) | $1.37 Million | -6.53% | 0.28x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $158.00K | -22172.78% | 479.63x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $28.26 Million | -5.07% | 0.10x | $1.38 Million |