CEENQ
UpSnap, Inc. provides mobile advertising and direct mail solutions in the United States and internationally. The company offers advertising solutions for small businesses, including video ads, social media ads, and digitally retargeted direct mail ads. It also engages in the licensing and support of its software solutions, as well as sale and service of software solutions. The company was formerl… Read more
CEENQ (CEENQ) - Net Assets
Latest net assets as of September 2023: $-4.26 Million USD
Based on the latest financial reports, CEENQ (CEENQ) has net assets worth $-4.26 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($387.00K) and total liabilities ($4.65 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 | $-4.26 Million |
| % of Total Assets | -1100.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
CEENQ - Net Assets Trend (2019–2022)
This chart illustrates how CEENQ's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CEENQ (2019–2022)
The table below shows the annual net assets of CEENQ from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-3.79 Million | -25.59% |
| 2021-12-31 | $-3.02 Million | -19.88% |
| 2020-12-31 | $-2.52 Million | -25.75% |
| 2019-12-31 | $-2.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CEENQ'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 171800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $108.25 Million | % |
| Total Equity | $-3.79 Million | 100.00% |
CEENQ Competitors by Market Cap
The table below lists competitors of CEENQ ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S.A.M Trade (Asia) Pte Ltd
PINK:SMFX
|
$5.93 |
|
Sino Bioenergy Corp
PINK:SFBE
|
$5.97 |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
$6.14 |
|
Aquis Exchange PLC
LSE:AQX
|
$6.15 |
|
Unicorn Mineral Resources PLC
LSE:UMR
|
$5.68 |
|
Modern Cinema Group Inc
PINK:MOCI
|
$5.64 |
|
Collective Metals Inc.
OTCQB:CLLMF
|
$5.63 |
|
Stan Lee Media Inc
PINK:HULK
|
$5.63 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CEENQ's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -3,021,000 to -3,794,000, a change of -773,000.
- Net loss of 660,000 reduced equity.
- Other factors decreased equity by 113,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-660.00K | -17.4% |
| Other Changes | $-113.00K | -2.98% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares CEENQ'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 |
|---|---|---|---|
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CEENQ 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: -70.74%
- • Asset Turnover: 2.58x
- • 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 |
|---|---|---|---|---|---|
| 2019 | 0.00% | -40.91% | 2.67x | 0.00x | $-501.60K |
| 2020 | 0.00% | -32.81% | 3.01x | 0.00x | $-271.00K |
| 2021 | 0.00% | -47.47% | 2.58x | 0.00x | $-232.90K |
| 2022 | 0.00% | -70.74% | 2.58x | 0.00x | $-280.60K |
Industry Comparison
This section compares CEENQ's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CEENQ (CEENQ) | $-4.26 Million | 0.00% | N/A | $5.78 |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |