China Teletech Holding Inc
China Teletech Holding, Inc. does not have significant operations. Previously, it was engaged in the design, development, manufacture, and distribution of lithium-ion polymer batteries, micro batteries, and smart cards. The company was founded in 2006 and is based in Shenzhen, China.
China Teletech Holding Inc (CNCT) - Net Assets
Latest net assets as of September 2024: $-71.33K USD
Based on the latest financial reports, China Teletech Holding Inc (CNCT) has net assets worth $-71.33K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($71.33K). 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 | $-71.33K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 341.31 |
China Teletech Holding Inc - Net Assets Trend (2004–2022)
This chart illustrates how China Teletech Holding 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 China Teletech Holding Inc (2004–2022)
The table below shows the annual net assets of China Teletech Holding Inc from 2004 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-20.26K | +96.28% |
| 2017-12-31 | $-544.29K | -103.74% |
| 2016-12-31 | $-267.15K | -24.51% |
| 2015-12-31 | $-214.56K | +92.28% |
| 2014-12-31 | $-2.78 Million | -532.69% |
| 2013-12-31 | $-439.19K | -322.40% |
| 2012-12-31 | $197.47K | +107.35% |
| 2011-12-31 | $-2.69 Million | +7.48% |
| 2010-12-31 | $-2.90 Million | -345.05% |
| 2009-12-31 | $-652.14K | -135.53% |
| 2008-12-31 | $1.84 Million | +476.75% |
| 2007-12-31 | $318.21K | +1728.33% |
| 2005-12-31 | $-19.54K | -77.01% |
| 2004-12-31 | $-11.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Teletech Holding 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 753862700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $43.45K | % |
| Other Comprehensive Income | $7.47 Million | % |
| Other Components | $1.50K | % |
| Total Equity | $-30.92K | 100.00% |
China Teletech Holding Inc Competitors by Market Cap
The table below lists competitors of China Teletech Holding Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JM SMUCKER
MU:JM2
|
$869.15K |
|
GENETIC ANALYSIS NK -60
F:8V8
|
$869.15K |
|
Bubblr Inc
PINK:BBLR
|
$870.18K |
|
CROSSWORD CYBERSEC. -005
F:9N4
|
$870.62K |
|
WELLFIELD TECHNOLOG. INC.
F:K8D
|
$868.70K |
|
Geneuro SA
PA:GNRO
|
$868.63K |
|
CHARLES SCHWAB
BE:SWG
|
$868.55K |
|
Network Media Group Inc
OTCQB:NETWF
|
$867.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Teletech Holding Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -20,263 to -30,921, a change of -10,658.
- Net loss of 10,658 reduced equity.
- Other comprehensive income increased equity by 7,517,571.
- Other factors decreased equity by 7,517,571.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.66K | -34.47% |
| Other Comprehensive Income | $7.52 Million | +24312.19% |
| Other Changes | $-7.52 Million | -24312.19% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China Teletech Holding 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $-0.01 | $200.00 | x |
| 2005-12-31 | $-0.02 | $200.00 | x |
| 2006-12-31 | $0.00 | $200.00 | x |
| 2007-12-31 | $0.05 | $200.00 | x |
| 2008-12-31 | $0.17 | $200.00 | x |
| 2009-12-31 | $-0.08 | $200.00 | x |
| 2010-12-31 | $-0.22 | $200.00 | x |
| 2011-12-31 | $-0.19 | $200.00 | x |
| 2012-12-31 | $0.00 | $200.00 | x |
| 2013-12-31 | $0.00 | $200.00 | x |
| 2014-12-31 | $-0.01 | $200.00 | x |
| 2015-12-31 | $0.00 | $200.00 | x |
| 2016-12-31 | $0.00 | $200.00 | x |
| 2017-12-31 | $0.00 | $200.00 | x |
| 2019-12-31 | $0.00 | $200.00 | x |
| 2020-12-31 | $0.00 | $200.00 | x |
| 2021-12-31 | $0.00 | $200.00 | x |
| 2022-12-31 | $0.00 | $200.00 | x |
| 2023-12-31 | $0.00 | $200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Teletech Holding 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-406.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | -139.46% | 10.53x | 0.00x | $-26.21K |
| 2005 | 0.00% | -38.07% | 9.94x | 0.00x | $-6.55K |
| 2006 | -9114.02% | -50.33% | 181.10x | 1.00x | $-9.76K |
| 2007 | -309.38% | -4.59% | 5.02x | 13.43x | $-1.02 Million |
| 2008 | -26.76% | -0.63% | 5.73x | 7.38x | $-389.57K |
| 2009 | 0.00% | -8.68% | 7.08x | 0.00x | $-2.80 Million |
| 2010 | 0.00% | -6.79% | 15.36x | 0.00x | $-2.00 Million |
| 2011 | 0.00% | -2.17% | 7.79x | 0.00x | $-111.38K |
| 2012 | 2534.15% | 5.64% | 12.31x | 36.47x | $1.50 Million |
| 2013 | 0.00% | -5.85% | 26.76x | 0.00x | $-1.76 Million |
| 2014 | 0.00% | -12.79% | 0.36x | 0.00x | $-391.80K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.96K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.87K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-178.71K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.36K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.39K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.57K |
Industry Comparison
This section compares China Teletech Holding Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Teletech Holding Inc (CNCT) | $-71.33K | 0.00% | N/A | $868.80K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |