New Momentum Corporation
New Momentum Corporation, through its subsidiaries, develops and operates online ticketing platform Singapore. The company operates its platform under the Gagfare.com name, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It provides its services through Gagfare mobile application. New Momentum Corporation is based in Sin… Read more
New Momentum Corporation (NNAX) - Net Assets
Latest net assets as of September 2025: $-727.33K USD
Based on the latest financial reports, New Momentum Corporation (NNAX) has net assets worth $-727.33K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.81K) and total liabilities ($738.15K). 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 | $-727.33K |
| % of Total Assets | -6727.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -412.39% |
| Growth Volatility | 92.71 |
New Momentum Corporation - Net Assets Trend (2006–2024)
This chart illustrates how New Momentum 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 Momentum Corporation (2006–2024)
The table below shows the annual net assets of New Momentum Corporation from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-721.98K | -9.81% |
| 2023-12-31 | $-657.51K | -35.72% |
| 2022-12-31 | $-484.45K | -57.24% |
| 2021-12-31 | $-308.10K | -91.53% |
| 2020-12-31 | $-160.86K | -87.96% |
| 2019-12-31 | $-85.58K | -248.77% |
| 2018-12-31 | $57.53K | -51.38% |
| 2017-12-31 | $118.31K | -33.70% |
| 2016-12-31 | $178.45K | -22.79% |
| 2015-12-31 | $231.12K | +151.23% |
| 2013-12-31 | $-451.11K | -12.38% |
| 2012-12-31 | $-401.42K | -13.20% |
| 2011-12-31 | $-354.61K | -17.42% |
| 2010-12-31 | $-302.01K | -25.17% |
| 2009-12-31 | $-241.29K | -26.74% |
| 2008-12-31 | $-190.38K | -27.79% |
| 2007-12-31 | $-148.98K | -74.64% |
| 2006-12-31 | $-85.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Momentum 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 508517200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $825.86K | % |
| Other Comprehensive Income | $-4.28K | % |
| Other Components | $4.03 Million | % |
| Total Equity | $-721.98K | 100.00% |
New Momentum Corporation Competitors by Market Cap
The table below lists competitors of New Momentum Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grapefruit USA Inc
PINK:GPFT
|
$330.36K |
|
Chapters Group AG
XETRA:CHG
|
$330.40K |
|
Polymeric Resources Corporation
PINK:PLYR
|
$330.61K |
|
PPL - Dusseldorf Stock Exchang
DU:PP9
|
$330.85K |
|
Cingulate Inc. Warrants
NASDAQ:CINGW
|
$330.18K |
|
Lanbay Inc
PINK:LNBY
|
$330.16K |
|
Syros Pharmaceuticals Inc
NASDAQ:SYRS
|
$329.84K |
|
Fila Korea Ltd.
KQ:081660
|
$329.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Momentum Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -657,509 to -721,979, a change of -64,470.
- Net loss of 142,880 reduced equity.
- Other comprehensive income decreased equity by 3,930.
- Other factors increased equity by 82,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-142.88K | -19.79% |
| Other Comprehensive Income | $-3.93K | -0.54% |
| Other Changes | $82.34K | +11.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares New Momentum 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Momentum 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: -2381333.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 72.51% | 0.00% | 0.00x | 1.35x | $144.46K |
| 2016 | -29.51% | 0.00% | 0.00x | 1.11x | $-70.51K |
| 2017 | -50.83% | 0.00% | 0.00x | 1.21x | $-71.97K |
| 2018 | -105.66% | -522.40% | 0.13x | 1.50x | $-66.54K |
| 2019 | 0.00% | -10661.75% | 0.01x | 0.00x | $-10.95K |
| 2020 | 0.00% | -1743.42% | 2.81x | 0.00x | $-4.13 Million |
| 2021 | 0.00% | -22.26% | 16.97x | 0.00x | $-256.95K |
| 2022 | 0.00% | -20.54% | 7.99x | 0.00x | $-140.56K |
| 2023 | 0.00% | -221.43% | 2.83x | 0.00x | $-338.25K |
| 2024 | 0.00% | -2381333.33% | 0.00x | 0.00x | $-70.68K |
Industry Comparison
This section compares New Momentum Corporation's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Momentum Corporation (NNAX) | $-727.33K | 72.51% | N/A | $330.34K |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |