KNOREX LTD.
Knorex Ltd., a B2B technology company, specializes in providing programmatic advertising products and solutions to marketers to streamline and automate their advertising and marketing workflows. The company's cloud-based software autonomously executes advertisement purchasing transactions, strategically acquires advertising placements, and optimizes online advertisement from the global advertisem… Read more
KNOREX LTD. (KNRX) - Net Assets
Latest net assets as of December 2024: $-4.35 Million USD
Based on the latest financial reports, KNOREX LTD. (KNRX) has net assets worth $-4.35 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.42 Million) and total liabilities ($9.78 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 | $-4.35 Million |
| % of Total Assets | -80.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
KNOREX LTD. - Net Assets Trend (2021–2024)
This chart illustrates how KNOREX 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 KNOREX LTD. (2021–2024)
The table below shows the annual net assets of KNOREX LTD. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.35 Million | -2969.03% |
| 2023-12-31 | $151.69K | +101.80% |
| 2022-12-31 | $-8.41 Million | -54.22% |
| 2021-12-31 | $-5.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KNOREX 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 2054533200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.63K | % |
| Other Comprehensive Income | $-863.28K | % |
| Other Components | $45.91 Million | % |
| Total Equity | $-4.35 Million | 100.00% |
KNOREX LTD. Competitors by Market Cap
The table below lists competitors of KNOREX LTD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EC HEALTHCARE HD-00001
F:1UM0
|
$18.77 Million |
|
Native Mineral Resources Holdings Ltd
AU:NMR
|
$18.78 Million |
|
Hydreight Technologies Inc.
PINK:HYDTF
|
$18.78 Million |
|
ESH
F:ESH
|
$18.78 Million |
|
Argosy Minerals Limited
PINK:ARYMF
|
$18.76 Million |
|
EA Technique M Bhd
KLSE:5259
|
$18.76 Million |
|
Above Food Ingredients Inc. Common Stock
NASDAQ:ABVE
|
$18.76 Million |
|
World Houseware (Holdings) Limited
PINK:WHWRF
|
$18.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KNOREX LTD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 151,875 to -4,352,124, a change of -4,503,999 (-2965.6%).
- Net loss of 5,884,151 reduced equity.
- Other comprehensive income increased equity by 43,546.
- Other factors increased equity by 1,336,606.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.88 Million | -135.2% |
| Other Comprehensive Income | $43.55K | +1.0% |
| Other Changes | $1.34 Million | +30.71% |
| Total Change | $- | -2965.60% |
Book Value vs Market Value Analysis
This analysis compares KNOREX 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-0.18 | $1.10 | x |
| 2022-12-31 | $-0.28 | $1.10 | x |
| 2023-12-31 | $0.00 | $1.10 | x |
| 2024-12-31 | $-0.14 | $1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KNOREX 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -54.38%
- • Asset Turnover: 1.99x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1310.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -129.39% | 1.79x | 0.00x | $-4.86 Million |
| 2022 | 0.00% | -106.07% | 1.57x | 0.00x | $-5.86 Million |
| 2023 | -5242.16% | -91.24% | 1.53x | 37.59x | $-7.98 Million |
| 2024 | 0.00% | -54.38% | 1.99x | 0.00x | $-5.45 Million |
Industry Comparison
This section compares KNOREX LTD.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KNOREX LTD. (KNRX) | $-4.35 Million | 0.00% | N/A | $18.77 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |