Nocopi Technologies Inc
Nocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy products, and document and product authentication industries in North America, South America, Europe, Asia, and Australia. The company offers entertainment and toy technologies and products, including specialty inks for coloring books, activity kits, play sheets, single-use placemats… Read more
Nocopi Technologies Inc (NNUP) - Net Assets
Latest net assets as of September 2025: $13.67 Million USD
Based on the latest financial reports, Nocopi Technologies Inc (NNUP) has net assets worth $13.67 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.10 Million) and total liabilities ($429.20K). 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 | $13.67 Million |
| % of Total Assets | 96.96% |
| Annual Growth Rate | 16.9% |
| 5-Year Change | 295.0% |
| 10-Year Change | N/A |
| Growth Volatility | 622.39 |
Nocopi Technologies Inc - Net Assets Trend (1996–2024)
This chart illustrates how Nocopi Technologies 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 Nocopi Technologies Inc (1996–2024)
The table below shows the annual net assets of Nocopi Technologies Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.64 Million | +10.15% |
| 2023-12-31 | $12.38 Million | +40.42% |
| 2022-12-31 | $8.82 Million | +151.57% |
| 2021-12-31 | $3.51 Million | +1.51% |
| 2020-12-31 | $3.45 Million | +23.78% |
| 2019-12-31 | $2.79 Million | +41.85% |
| 2018-12-31 | $1.97 Million | +813.89% |
| 2017-12-31 | $215.20K | +219.82% |
| 2016-12-31 | $-179.60K | +59.01% |
| 2015-12-31 | $-438.20K | -0.05% |
| 2014-12-31 | $-438.00K | +2.19% |
| 2013-12-31 | $-447.80K | +4.03% |
| 2012-12-31 | $-466.60K | -39.53% |
| 2011-12-31 | $-334.40K | -0.30% |
| 2010-12-31 | $-333.40K | -70.89% |
| 2009-12-31 | $-195.10K | -1673.39% |
| 2008-12-31 | $12.40K | -92.26% |
| 2007-12-31 | $160.20K | +131.50% |
| 2006-12-31 | $-508.50K | +6.99% |
| 2005-12-31 | $-546.70K | -57.19% |
| 2004-12-31 | $-347.80K | +15.44% |
| 2003-12-31 | $-411.30K | +52.73% |
| 2002-12-31 | $-870.10K | -144.00% |
| 2001-12-31 | $-356.60K | -748.36% |
| 2000-12-31 | $55.00K | -86.19% |
| 1999-12-31 | $398.20K | -75.96% |
| 1998-12-31 | $1.66 Million | -24.16% |
| 1997-12-31 | $2.18 Million | +1168.58% |
| 1996-12-31 | $172.20K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nocopi Technologies 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 437180000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $25.69 Million | 188.33% |
| Total Equity | $13.64 Million | 100.00% |
Nocopi Technologies Inc Competitors by Market Cap
The table below lists competitors of Nocopi Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxbridge Re Holdings Ltd
NASDAQ:OXBR
|
$5.39 Million |
|
Grounds Real Estate Development AG
XETRA:AMMN
|
$5.39 Million |
|
Glow Lifetech Corp
OTCQB:GLWLF
|
$5.39 Million |
|
Shivam Autotech Limited
NSE:SHIVAMAUTO
|
$5.39 Million |
|
ECARX Holdings Inc. Warrants
NASDAQ:ECXWW
|
$5.39 Million |
|
Prasidha Aneka Niaga Tbk
JK:PSDN
|
$5.39 Million |
|
Cubex Tubings Limited
NSE:CUBEXTUB
|
$5.39 Million |
|
3R Games SA
WAR:3RG
|
$5.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nocopi Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,382,500 to 13,639,800, a change of 1,257,300 (10.2%).
- Net loss of 2,678,900 reduced equity.
- Other factors increased equity by 3,936,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.68 Million | -19.64% |
| Other Changes | $3.94 Million | +28.86% |
| Total Change | $- | 10.15% |
Book Value vs Market Value Analysis
This analysis compares Nocopi Technologies 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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.25x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $0.12 | $1.50 | x |
| 1997-12-31 | $1.27 | $1.50 | x |
| 1998-12-31 | $0.49 | $1.50 | x |
| 1999-12-31 | $0.12 | $1.50 | x |
| 2000-12-31 | $0.02 | $1.50 | x |
| 2001-12-31 | $-0.10 | $1.50 | x |
| 2002-12-31 | $-0.20 | $1.50 | x |
| 2003-12-31 | $-0.09 | $1.50 | x |
| 2004-12-31 | $-0.07 | $1.50 | x |
| 2005-12-31 | $-0.11 | $1.50 | x |
| 2006-12-31 | $-0.10 | $1.50 | x |
| 2007-12-31 | $0.03 | $1.50 | x |
| 2008-12-31 | $0.00 | $1.50 | x |
| 2009-12-31 | $-0.04 | $1.50 | x |
| 2010-12-31 | $-0.06 | $1.50 | x |
| 2011-12-31 | $-0.06 | $1.50 | x |
| 2012-12-31 | $-0.08 | $1.50 | x |
| 2013-12-31 | $-0.08 | $1.50 | x |
| 2015-12-31 | $-0.07 | $1.50 | x |
| 2016-12-31 | $-0.03 | $1.50 | x |
| 2017-12-31 | $0.04 | $1.50 | x |
| 2018-12-31 | $0.33 | $1.50 | x |
| 2019-12-31 | $0.47 | $1.50 | x |
| 2020-12-31 | $0.54 | $1.50 | x |
| 2021-12-31 | $0.52 | $1.50 | x |
| 2022-12-31 | $1.16 | $1.50 | x |
| 2023-12-31 | $1.28 | $1.50 | x |
| 2024-12-31 | $1.26 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nocopi Technologies 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): -19.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -126.49%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.02x
- Recent ROE (-19.64%) is above the historical average (-102.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -237.11% | -11.22% | 1.03x | 20.51x | $-425.52K |
| 1997 | -38.77% | -27.81% | 0.80x | 1.75x | $-1.07 Million |
| 1998 | -33.13% | -22.64% | 1.01x | 1.44x | $-714.47K |
| 1999 | -317.08% | -74.32% | 1.26x | 3.38x | $-1.30 Million |
| 2000 | -695.82% | -31.10% | 2.65x | 8.45x | $-388.20K |
| 2001 | 0.00% | -107.32% | 3.75x | 0.00x | $-792.94K |
| 2002 | 0.00% | -125.48% | 2.21x | 0.00x | $-837.49K |
| 2003 | 0.00% | 80.28% | 1.29x | 0.00x | $499.93K |
| 2004 | 0.00% | -53.96% | 1.75x | 0.00x | $-304.22K |
| 2005 | 0.00% | -40.87% | 2.33x | 0.00x | $-161.23K |
| 2006 | 0.00% | -24.80% | 2.54x | 0.00x | $-139.25K |
| 2007 | 240.95% | 27.69% | 2.09x | 4.17x | $369.98K |
| 2008 | -2191.13% | -28.86% | 2.29x | 33.20x | $-272.94K |
| 2009 | 0.00% | -58.28% | 2.27x | 0.00x | $-369.89K |
| 2010 | 0.00% | -37.21% | 2.50x | 0.00x | $-211.76K |
| 2011 | 0.00% | -3.83% | 6.96x | 0.00x | $6.14K |
| 2012 | 0.00% | -22.94% | 4.57x | 0.00x | $-99.44K |
| 2013 | 0.00% | 1.37% | 2.13x | 0.00x | $55.08K |
| 2014 | 0.00% | 0.87% | 2.33x | 0.00x | $51.82K |
| 2015 | 0.00% | 0.83% | 2.33x | 0.00x | $51.52K |
| 2016 | 0.00% | 18.68% | 2.48x | 0.00x | $276.46K |
| 2017 | 177.14% | 24.33% | 1.93x | 3.78x | $359.68K |
| 2018 | 84.17% | 49.54% | 1.33x | 1.28x | $1.46 Million |
| 2019 | 27.06% | 29.75% | 0.72x | 1.27x | $475.93K |
| 2020 | 14.72% | 19.12% | 0.69x | 1.12x | $163.09K |
| 2021 | 1.41% | 2.53% | 0.52x | 1.08x | $-301.13K |
| 2022 | 20.56% | 39.18% | 0.48x | 1.09x | $931.26K |
| 2023 | -11.60% | -68.90% | 0.15x | 1.13x | $-2.67 Million |
| 2024 | -19.64% | -126.49% | 0.15x | 1.02x | $-4.04 Million |
Industry Comparison
This section compares Nocopi Technologies Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nocopi Technologies Inc (NNUP) | $13.67 Million | -237.11% | 0.03x | $5.39 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |