ConneXionONE Corp.
ConneXionONE Corp. does not have significant operations. Previously, it was involved in the provision of fuel injection systems and DME fuel injection systems for internal combustion engines. ConneXionONE Corp. intends to develop and operate a decentralized social media platform. The company was formerly known as Alternative Fuel Technologies, Inc. and changed its name to ConneXionONE Corp. in Oc… Read more
ConneXionONE Corp. (CNNN) - Net Assets
Latest net assets as of September 2024: $-1.99 Million USD
Based on the latest financial reports, ConneXionONE Corp. (CNNN) has net assets worth $-1.99 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($647.26K) and total liabilities ($2.64 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 | $-1.99 Million |
| % of Total Assets | -307.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ConneXionONE Corp. - Net Assets Trend (2021–2023)
This chart illustrates how ConneXionONE Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ConneXionONE Corp. (2021–2023)
The table below shows the annual net assets of ConneXionONE Corp. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.70 Million | -25.06% |
| 2022-12-31 | $-1.36 Million | -7.30% |
| 2021-12-31 | $-1.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ConneXionONE Corp.'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 145371900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $73.59 Million | % |
| Total Equity | $-1.70 Million | 100.00% |
ConneXionONE Corp. Competitors by Market Cap
The table below lists competitors of ConneXionONE Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
South Beach Spirits Inc
PINK:SBES
|
$191.49K |
|
Enerev5 Metals Inc
OTCQB:ENEVF
|
$191.50K |
|
OKUMURA CORP
BE:OKA
|
$191.55K |
|
Alliance Laundry Holdings Inc.
NYSE:ALH
|
$191.55K |
|
TRANSCOM WW -B- SDR
MU:T5W
|
$191.39K |
|
Capital Point
TA:CPTP
|
$191.24K |
|
ALPHA SYSTEMS
MU:AN5
|
$191.19K |
|
SDIC Power Holdings Co Ltd GDR - Reg S
IL:SDIC
|
$191.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ConneXionONE Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,359,925 to -1,700,747, a change of -340,822.
- Net loss of 1,361,229 reduced equity.
- Other factors increased equity by 1,020,407.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.36 Million | -80.04% |
| Other Changes | $1.02 Million | +60.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ConneXionONE Corp.'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 |
|---|---|---|---|
| 2022-12-31 | $0.00 | $0.03 | x |
| 2023-12-31 | $-0.02 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ConneXionONE Corp. 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 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 |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $120.38K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $43.50K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.19 Million |
Industry Comparison
This section compares ConneXionONE Corp.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $13,674,603,475
- Average return on equity (ROE) among peers: -6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ConneXionONE Corp. (CNNN) | $-1.99 Million | 0.00% | N/A | $191.43K |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $1.06 Billion | 3.39% | 0.72x | $212.73 Million |
| ApartmentLove Inc (APMLF) | $-121.80K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $2.51 Million | 22.60% | 0.12x | $28.14 Million |
| Autohome Inc (ATHM) | $23.81 Billion | 10.75% | 0.19x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $617.00 |
| BDCTF (BDCTF) | $7.45 Million | -105.68% | 3.56x | $12.72 Million |
| Baidu Inc (BIDU) | $97.74 Billion | 11.90% | 0.86x | $41.50 Billion |