China Finance Online Co Limited
China Finance Online Co. Limited, together with its subsidiaries, provides web-based financial services in the People's Republic of China, Hong Kong, and internationally. It provides online access to securities brokerage, wealth management services, and securities investment advisory services to retail investors; and financial database and analytics to institutional investors, including financial… Read more
China Finance Online Co Limited (JRJCY) - Net Assets
Latest net assets as of June 2021: $-749.00K USD
Based on the latest financial reports, China Finance Online Co Limited (JRJCY) has net assets worth $-749.00K USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($70.88 Million) and total liabilities ($71.63 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 | $-749.00K |
| % of Total Assets | -1.06% |
| Annual Growth Rate | 1.13% |
| 5-Year Change | -94.33% |
| 10-Year Change | -94.89% |
| Growth Volatility | 301.92 |
China Finance Online Co Limited - Net Assets Trend (2001–2020)
This chart illustrates how China Finance Online Co Limited'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 Finance Online Co Limited (2001–2020)
The table below shows the annual net assets of China Finance Online Co Limited from 2001 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $4.64 Million | -69.34% |
| 2019-12-31 | $15.13 Million | -42.56% |
| 2018-12-31 | $26.34 Million | -42.39% |
| 2017-12-31 | $45.71 Million | -44.11% |
| 2016-12-31 | $81.79 Million | -17.57% |
| 2015-12-31 | $99.23 Million | +31.36% |
| 2014-12-31 | $75.54 Million | -15.98% |
| 2013-12-31 | $89.91 Million | +11.39% |
| 2012-12-31 | $80.72 Million | -11.14% |
| 2011-12-31 | $90.84 Million | -14.18% |
| 2010-12-31 | $105.84 Million | +8.37% |
| 2009-12-31 | $97.67 Million | +0.75% |
| 2008-12-31 | $96.94 Million | +42.91% |
| 2007-12-31 | $67.83 Million | +8.62% |
| 2006-12-31 | $62.45 Million | +2.67% |
| 2005-12-31 | $60.83 Million | -10.66% |
| 2004-12-31 | $68.09 Million | +1339.11% |
| 2003-12-31 | $4.73 Million | +19.87% |
| 2002-12-31 | $3.95 Million | +5.40% |
| 2001-12-31 | $3.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Finance Online Co Limited'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 8448558700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $57.01 Million | 371.16% |
| Other Comprehensive Income | $6.29 Million | 40.93% |
| Other Components | $37.81 Million | 246.19% |
| Total Equity | $15.36 Million | 100.00% |
China Finance Online Co Limited Competitors by Market Cap
The table below lists competitors of China Finance Online Co Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BSPDF
OTCGREY:BSPDF
|
$244.11 |
|
Black Pearl SA
WAR:BPC
|
$244.34 |
|
SH Resources & Development Corp
PINK:SDAD
|
$244.45 |
|
ADVIDES
BE:4RL
|
$244.53 |
|
AQT Water SA
WAR:AQT
|
$243.69 |
|
Edinburgh Worldwide Investment Trust plc
LSE:EWI
|
$243.64 |
|
Toughbuilt Industries Inc
NASDAQ:TBLT
|
$243.62 |
|
MONTERAY MIN
BE:M2G
|
$243.40 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Finance Online Co Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 25,156,000 to 15,359,000, a change of -9,797,000 (-38.9%).
- Net loss of 11,350,000 reduced equity.
- Other comprehensive income decreased equity by 125,606.
- Other factors increased equity by 1,678,606.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.35 Million | -73.9% |
| Other Comprehensive Income | $-125.61K | -0.82% |
| Other Changes | $1.68 Million | +10.93% |
| Total Change | $- | -38.94% |
Book Value vs Market Value Analysis
This analysis compares China Finance Online Co Limited'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $52.64 | $0.00 | x |
| 2002-12-31 | $13.91 | $0.00 | x |
| 2003-12-31 | $16.30 | $0.00 | x |
| 2004-12-31 | $188.94 | $0.00 | x |
| 2005-12-31 | $131.55 | $0.00 | x |
| 2006-12-31 | $166.72 | $0.00 | x |
| 2007-12-31 | $178.21 | $0.00 | x |
| 2008-12-31 | $214.50 | $0.00 | x |
| 2009-12-31 | $2314.70 | $0.00 | x |
| 2010-12-31 | $2319.80 | $0.00 | x |
| 2011-12-31 | $208.65 | $0.00 | x |
| 2012-12-31 | $183.43 | $0.00 | x |
| 2013-12-31 | $173.25 | $0.00 | x |
| 2014-12-31 | $147.68 | $0.00 | x |
| 2015-12-31 | $1758.97 | $0.00 | x |
| 2016-12-31 | $1902.72 | $0.00 | x |
| 2017-12-31 | $1189.41 | $0.00 | x |
| 2018-12-31 | $778.12 | $0.00 | x |
| 2019-12-31 | $548.37 | $0.00 | x |
| 2020-12-31 | $333.72 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Finance Online Co Limited 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): -73.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.35%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 5.08x
- Recent ROE (-73.90%) is below the historical average (-12.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -17.20% | -663.29% | 0.02x | 1.07x | $-1.02 Million |
| 2002 | 5.13% | 19.29% | 0.21x | 1.25x | $-192.19K |
| 2003 | 25.15% | 52.40% | 0.34x | 1.40x | $716.80K |
| 2004 | 6.75% | 76.41% | 0.08x | 1.06x | $-2.21 Million |
| 2005 | 7.60% | 61.80% | 0.12x | 1.04x | $-1.46 Million |
| 2006 | -0.96% | -8.43% | 0.10x | 1.14x | $-6.85 Million |
| 2007 | -6.13% | -15.94% | 0.25x | 1.54x | $-10.87 Million |
| 2008 | 19.62% | 33.82% | 0.40x | 1.46x | $9.33 Million |
| 2009 | -6.39% | -11.61% | 0.32x | 1.70x | $-15.96 Million |
| 2010 | 1.85% | 3.28% | 0.33x | 1.73x | $-8.63 Million |
| 2011 | -21.25% | -36.46% | 0.33x | 1.76x | $-28.42 Million |
| 2012 | -14.83% | -40.07% | 0.24x | 1.52x | $-19.86 Million |
| 2013 | -11.63% | -16.88% | 0.39x | 1.77x | $-16.35 Million |
| 2014 | -11.09% | -8.56% | 0.73x | 1.76x | $-13.63 Million |
| 2015 | 25.54% | 20.93% | 0.75x | 1.64x | $13.68 Million |
| 2016 | -1.95% | -2.02% | 0.50x | 1.95x | $-10.30 Million |
| 2017 | -67.97% | -86.19% | 0.37x | 2.12x | $-42.14 Million |
| 2018 | -56.28% | -43.87% | 0.56x | 2.28x | $-23.49 Million |
| 2019 | -50.66% | -35.88% | 0.40x | 3.54x | $-15.26 Million |
| 2020 | -73.90% | -28.35% | 0.51x | 5.08x | $-12.89 Million |
Industry Comparison
This section compares China Finance Online Co Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Finance Online Co Limited (JRJCY) | $-749.00K | -17.20% | N/A | $244.00 |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |