noco-noco Inc.
noco-noco Inc. operates as an early-stage decarbonization solution provider in Asia. The company engages in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit s… Read more
noco-noco Inc. (NCNCF) - Net Assets
Latest net assets as of June 2024: $-7.11 Million USD
Based on the latest financial reports, noco-noco Inc. (NCNCF) has net assets worth $-7.11 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($502.54K) and total liabilities ($7.61 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 | $-7.11 Million |
| % of Total Assets | -1414.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
noco-noco Inc. - Net Assets Trend (2021–2024)
This chart illustrates how noco-noco 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 noco-noco Inc. (2021–2024)
The table below shows the annual net assets of noco-noco Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-7.11 Million | -93.32% |
| 2023-06-30 | $-3.68 Million | -368.67% |
| 2022-06-30 | $-784.82K | +36.79% |
| 2021-06-30 | $-1.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to noco-noco 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 2912321900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $23.29 Million | % |
| Total Equity | $-7.11 Million | 100.00% |
noco-noco Inc. Competitors by Market Cap
The table below lists competitors of noco-noco Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOFTWEB
AT:SOFTWEB
|
$28.34K |
|
LEGAL & GENERAL
BE:LGI
|
$28.36K |
|
GrabAGun Digital Holdings Inc.
NYSE:PEW
|
$28.36K |
|
KSFinance Group JSC
VN:KSF
|
$28.39K |
|
Hindalco Industries Ltd. Global Dep Rcpt 144A
PINK:HNDNF
|
$28.33K |
|
CSUD3F
SA:CSUD3F
|
$28.32K |
|
GGBR4F
SA:GGBR4F
|
$28.31K |
|
AMREST HOLDINGS SE EO-1
MU:1QT
|
$28.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in noco-noco Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,678,323 to -7,110,820, a change of -3,432,497.
- Net loss of 11,254,626 reduced equity.
- Other factors increased equity by 7,822,129.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.25 Million | -158.27% |
| Other Changes | $7.82 Million | +110.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares noco-noco 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 |
|---|---|---|---|
| 2021-06-30 | $-0.01 | $0.00 | x |
| 2022-06-30 | $-0.01 | $0.00 | x |
| 2023-06-30 | $-0.03 | $0.00 | x |
| 2024-06-30 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently noco-noco 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 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 | $-547.64K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-998.34K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.42 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.54 Million |
Industry Comparison
This section compares noco-noco Inc.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| noco-noco Inc. (NCNCF) | $-7.11 Million | 0.00% | N/A | $28.34K |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |