Nano Magic Inc
Nano Magic Inc. develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industr… Read more
Nano Magic Inc (NMGX) - Net Assets
Latest net assets as of September 2025: $-3.03 Million USD
Based on the latest financial reports, Nano Magic Inc (NMGX) has net assets worth $-3.03 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.60 Million) and total liabilities ($4.63 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 | $-3.03 Million |
| % of Total Assets | -188.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | -165.32% |
| 10-Year Change | N/A |
| Growth Volatility | 364.89 |
Nano Magic Inc - Net Assets Trend (1990–2024)
This chart illustrates how Nano Magic 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 Nano Magic Inc (1990–2024)
The table below shows the annual net assets of Nano Magic Inc from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-912.80K | -169.69% |
| 2023-12-31 | $1.31 Million | -19.03% |
| 2022-12-31 | $1.62 Million | -15.57% |
| 2021-12-31 | $1.92 Million | +37.10% |
| 2020-12-31 | $1.40 Million | +412.72% |
| 2019-12-31 | $-446.86K | +40.69% |
| 2018-12-31 | $-753.40K | +31.26% |
| 2017-12-31 | $-1.10 Million | -89.59% |
| 2016-12-31 | $-578.10K | -112.27% |
| 2015-12-31 | $-272.33K | -122.35% |
| 2014-12-31 | $1.22 Million | +136.02% |
| 2013-12-31 | $-3.38 Million | -33.56% |
| 2012-12-31 | $-2.53 Million | -232.17% |
| 2011-12-31 | $1.92 Million | +136.60% |
| 2010-12-31 | $810.08K | +175.65% |
| 2009-12-31 | $-1.07 Million | -224.76% |
| 2008-12-31 | $858.29K | -69.66% |
| 2007-12-31 | $2.83 Million | +340.46% |
| 2006-12-31 | $642.26K | -25.26% |
| 2005-12-31 | $859.34K | +1.52% |
| 2004-12-31 | $846.46K | -76.18% |
| 2003-12-31 | $3.55 Million | +244.39% |
| 2002-12-31 | $-2.46 Million | -160.21% |
| 2001-12-31 | $-945.61K | -1537.65% |
| 2000-12-31 | $65.78K | -96.54% |
| 1999-12-31 | $1.90 Million | +172.07% |
| 1998-12-31 | $-2.64 Million | -287.61% |
| 1997-12-31 | $-680.20K | -198.41% |
| 1996-12-31 | $691.19K | -79.05% |
| 1994-12-31 | $3.30 Million | -56.58% |
| 1993-12-31 | $7.60 Million | +2633.33% |
| 1992-12-31 | $-300.00K | -- |
| 1991-12-31 | $0.00 | -- |
| 1990-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nano Magic 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 1765607200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.46K | % |
| Other Components | $18.54 Million | % |
| Total Equity | $-912.80K | 100.00% |
Nano Magic Inc Competitors by Market Cap
The table below lists competitors of Nano Magic Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LiveHire Ltd
AU:LVH
|
$788.52K |
|
TORONTO-DOMINION BK
MU:TDB
|
$789.49K |
|
NewGenIvf Group Limited Class A Ordinary Shares
NASDAQ:NIVF
|
$789.85K |
|
GBL (EAI.SG)
STU:EAI
|
$790.03K |
|
Payment Financial Technologies Ltd
TA:PMNT
|
$786.90K |
|
SNP SCHNEIDER-NEURE
MU:SHF
|
$786.83K |
|
American Biltrite Inc
PINK:ABLT
|
$786.16K |
|
BLACK PEARL ZY-10
F:7ZX
|
$786.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nano Magic Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,309,738 to -912,800, a change of -2,222,538 (-169.7%).
- Net loss of 4,453,600 reduced equity.
- New share issuances of 737,499 increased equity.
- Other factors increased equity by 1,493,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.45 Million | -487.91% |
| Share Issuances | $737.50K | +80.8% |
| Other Changes | $1.49 Million | +163.62% |
| Total Change | $- | -169.69% |
Book Value vs Market Value Analysis
This analysis compares Nano Magic 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 |
|---|---|---|---|
| 1992-12-31 | $-3.87 | $0.75 | x |
| 1993-12-31 | $96.81 | $0.75 | x |
| 1994-12-31 | $42.60 | $0.75 | x |
| 1996-12-31 | $10.49 | $0.75 | x |
| 1997-12-31 | $-7.19 | $0.75 | x |
| 1998-12-31 | $-12.75 | $0.75 | x |
| 1999-12-31 | $5.96 | $0.75 | x |
| 2000-12-31 | $0.21 | $0.75 | x |
| 2001-12-31 | $-2.31 | $0.75 | x |
| 2002-12-31 | $-6.17 | $0.75 | x |
| 2003-12-31 | $7.59 | $0.75 | x |
| 2004-12-31 | $1.49 | $0.75 | x |
| 2005-12-31 | $1.56 | $0.75 | x |
| 2006-12-31 | $1.15 | $0.75 | x |
| 2007-12-31 | $4.79 | $0.75 | x |
| 2008-12-31 | $1.44 | $0.75 | x |
| 2009-12-31 | $-1.79 | $0.75 | x |
| 2010-12-31 | $1.34 | $0.75 | x |
| 2011-12-31 | $2.95 | $0.75 | x |
| 2012-12-31 | $-3.82 | $0.75 | x |
| 2013-12-31 | $-1.87 | $0.75 | x |
| 2014-12-31 | $0.56 | $0.75 | x |
| 2015-12-31 | $-0.09 | $0.75 | x |
| 2016-12-31 | $-0.19 | $0.75 | x |
| 2017-12-31 | $-0.36 | $0.75 | x |
| 2018-12-31 | $-0.20 | $0.75 | x |
| 2019-12-31 | $-0.10 | $0.75 | x |
| 2020-12-31 | $0.18 | $0.75 | x |
| 2021-12-31 | $0.20 | $0.75 | x |
| 2022-12-31 | $0.16 | $0.75 | x |
| 2023-12-31 | $0.11 | $0.75 | x |
| 2024-12-31 | $-0.07 | $0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nano Magic 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: -180.31%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-542.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 0.00% | -177.78% | 0.90x | 0.00x | $-1.57 Million |
| 1993 | -100.00% | -576.92% | 0.16x | 1.11x | $-8.25 Million |
| 1994 | -221.21% | -365.00% | 0.42x | 1.45x | $-7.63 Million |
| 1996 | -1983.40% | -237.48% | 1.03x | 8.13x | $-13.78 Million |
| 1997 | 0.00% | -177.15% | 1.35x | 0.00x | $-6.25 Million |
| 1998 | 0.00% | -492.84% | 1.34x | 0.00x | $-3.29 Million |
| 1999 | 57.89% | 16.18% | 1.74x | 2.05x | $910.00K |
| 2000 | -11662.51% | -281.52% | 1.66x | 24.96x | $-7.68 Million |
| 2001 | 0.00% | -164.76% | 1.68x | 0.00x | $-4.99 Million |
| 2002 | 0.00% | -346.95% | 4.39x | 0.00x | $-4.66 Million |
| 2003 | -118.62% | -567.92% | 0.20x | 1.07x | $-4.57 Million |
| 2004 | -544.86% | -1205.69% | 0.33x | 1.35x | $-4.70 Million |
| 2005 | -542.46% | -824.09% | 0.48x | 1.38x | $-4.75 Million |
| 2006 | -1026.67% | -590.50% | 0.41x | 4.19x | $-6.66 Million |
| 2007 | -150.48% | -106.69% | 1.07x | 1.32x | $-4.54 Million |
| 2008 | -312.93% | -67.86% | 2.21x | 2.09x | $-2.77 Million |
| 2009 | 0.00% | -53.11% | 4.54x | 0.00x | $-2.05 Million |
| 2010 | 50.77% | 5.11% | 2.09x | 4.75x | $330.30K |
| 2011 | -134.10% | -39.62% | 1.48x | 2.29x | $-2.76 Million |
| 2012 | 0.00% | -142.74% | 2.12x | 0.00x | $-4.88 Million |
| 2013 | 0.00% | -80.16% | 4.59x | 0.00x | $-2.80 Million |
| 2014 | -194.50% | -23.82% | 2.25x | 3.63x | $-2.49 Million |
| 2015 | 0.00% | -19.30% | 2.70x | 0.00x | $-1.84 Million |
| 2016 | 0.00% | -6.85% | 2.90x | 0.00x | $-498.19K |
| 2017 | 0.00% | -8.72% | 3.61x | 0.00x | $-577.47K |
| 2018 | 0.00% | -1.23% | 2.30x | 0.00x | $22.20K |
| 2019 | 0.00% | -43.04% | 1.85x | 0.00x | $-1.00 Million |
| 2020 | -57.68% | -16.94% | 0.99x | 3.43x | $-945.72K |
| 2021 | -83.20% | -31.63% | 1.23x | 2.14x | $-1.79 Million |
| 2022 | -129.93% | -81.54% | 0.63x | 2.53x | $-2.26 Million |
| 2023 | -218.04% | -102.64% | 0.79x | 2.68x | $-2.99 Million |
| 2024 | 0.00% | -180.31% | 1.30x | 0.00x | $-4.36 Million |
Industry Comparison
This section compares Nano Magic Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nano Magic Inc (NMGX) | $-3.03 Million | 0.00% | N/A | $788.21K |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |