KNOREX LTD. Net Assets
KNOREX LTD. net assets. 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. Also explore KNOREX LTD. annual equity growth to track the company's year-over-year net asset growth rate.
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 |
Net Assets of KNOREX LTD. (2021–2024)
Net assets of KNOREX LTD. from 2021 to 2024. This chart illustrates how KNOREX LTD.'s net assets have evolved over time, based on quarterly financial data. See KNRX net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for KNOREX LTD. (2021–2024)
The table below shows the annual net assets of KNOREX LTD. from 2021 to 2024. For live market cap and overall valuation, see market cap of KNOREX LTD..
| 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.
KNOREX LTD. Net Assets Breakdown (December 2024)
KNOREX LTD. net assets breakdown by equity component as of 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 |
|---|---|
|
Republic Power Group Limited Class A Ordinary Shares
NASDAQ:RPGL
|
$19.93 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
$19.93 Million |
|
q.beyond AG
XETRA:QBY
|
$19.93 Million |
|
Media 6 SA
PA:EDI
|
$19.93 Million |
|
Biomind Labs Inc
NEO:BMND
|
$19.92 Million |
|
edding AG
F:EDD3
|
$19.92 Million |
|
Spencer's Retail Limited
NSE:SPENCERS
|
$19.92 Million |
|
Excel Force MSC Bhd
KLSE:0065
|
$19.91 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 | $0.78 | x |
| 2022-12-31 | $-0.28 | $0.78 | x |
| 2023-12-31 | $0.00 | $0.78 | x |
| 2024-12-31 | $-0.14 | $0.78 | 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: $1,857,703,891
- Average return on equity (ROE) among peers: -0.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KNOREX LTD. (KNRX) | $-4.35 Million | 0.00% | N/A | $19.92 Million |
| Adobe Systems Incorporated (ADBE) | $11.62 Billion | 61.34% | 1.54x | $97.84 Billion |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $1.97 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 25.85% | 3.57x | $107.69 Billion |
| Autodesk Inc (ADSK) | $218.30 Million | 26.02% | 0.21x | $48.93 Billion |
| AudioEye Inc (AEYE) | $6.71 Million | -87.55% | 2.80x | $71.03 Million |
| Agilysys Inc (AGYS) | $29.40 Million | -7.14% | 2.71x | $2.95 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $7.86 Million | -10.63% | 1.20x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $13.93 Million |
| PowerFleet, Inc. (AIOT) | $71.67 Million | -10.24% | 0.04x | $370.46 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-6.63 Million | 0.00% | 0.00x | $8.14 Million |
About 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