New Century Resources Corporation
Colambda Technologies, Inc. operates as a research and development company in the alternative energy sector. It intends to develop the Emissions Zero Module, a product that connects to a vehicle battery to create a concentrated charge to the ignition system to enable a more complete burn and reduce carbon emissions. The company was incorporated in 1979 and is based in Tucson, Arizona.
New Century Resources Corporation (NCRE) - Net Assets
Latest net assets as of September 2022: $650.25K USD
Based on the latest financial reports, New Century Resources Corporation (NCRE) has net assets worth $650.25K USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.93 Million) and total liabilities ($2.28 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 | $650.25K |
| % of Total Assets | 22.17% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
New Century Resources Corporation - Net Assets Trend (2002–2021)
This chart illustrates how New Century Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Century Resources Corporation (2002–2021)
The table below shows the annual net assets of New Century Resources Corporation from 2002 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-465.56 | +99.82% |
| 2020-12-31 | $-257.84K | -16.28% |
| 2019-12-31 | $-221.74K | -18.49% |
| 2018-12-31 | $-187.15K | -23.08% |
| 2017-12-31 | $-152.05K | -28.28% |
| 2016-12-31 | $-118.53K | +6.57% |
| 2004-12-31 | $-126.87K | -4881.08% |
| 2002-12-31 | $-2.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Century Resources Corporation'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 51206.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $167.16 | % |
| Other Comprehensive Income | $-120.66 | % |
| Total Equity | $-465.56 | 100.00% |
New Century Resources Corporation Competitors by Market Cap
The table below lists competitors of New Century Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Indocement Tunggal Prakarsa Tbk
BE:ITP
|
$3.37K |
|
INET Leasehold REIT
BK:INETREIT
|
$3.37K |
|
LianDi Clean Technology Inc
PINK:LNDT
|
$3.37K |
|
283100
KO:283100
|
$3.37K |
|
Cardiff Property PLC
LSE:CDFF
|
$3.36K |
|
CMC Investment JSC
VN:CMC
|
$3.36K |
|
MAURITIUS OIL REFINERIES LTD
SEM:MOROIL
|
$3.35K |
|
Conair Corporation
PINK:CNGA
|
$3.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Century Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -257,836 to -466, a change of 257,370.
- Net loss of 35,693 reduced equity.
- Other comprehensive income decreased equity by 121.
- Other factors increased equity by 293,184.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-35.69K | -7666.68% |
| Other Comprehensive Income | $-120.66 | -25.92% |
| Other Changes | $293.18K | +62974.5% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares New Century Resources Corporation'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 |
|---|---|---|---|
| 2002-12-31 | $0.00 | $0.00 | x |
| 2004-12-31 | $-0.01 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $-0.01 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Century Resources Corporation 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 |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.29K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-114.18K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.21K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.10K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.39K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.05K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.24K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.31K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.38K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.42K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.31K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.65K |
Industry Comparison
This section compares New Century Resources Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $176,531,265,977
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Century Resources Corporation (NCRE) | $650.25K | 0.00% | 3.51x | $3.36K |
| Altisource Asset Management Corporation (AAMCF) | $-125.84 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $2.95 Billion |
| AB Dynamics plc (ABDDF) | $111.96 Million | 4.23% | 0.26x | $390.81 Million |
| Adient PLC (ADNT) | $2.96 Billion | 37.46% | 2.64x | $1.56 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $94.58 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.57 Billion | 9.65% | 2.41x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.65 Billion | 16.43% | 1.85x | $7.60 Billion |
| Aptiv PLC (APTV) | $8.56 Billion | 6.89% | 1.10x | $14.78 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $1.69 Trillion | 7.47% | 0.97x | $5.03 Billion |