Newron Sport
Newron Sport engages in the development and distribution of a patented tandem device, a product that focuses on recreational use and sports. It offers ROLLER HOCKEY PRO that are designed to fit on most ice hockey skate boots; and ROLLER FITNESS PRO, which are designed to fit on most speed skate boots that allows athletes to improve their performance. The company provides ROLLER HOCKEY PRO, ROLLER… Read more
Newron Sport (NSPT) - Net Assets
Latest net assets as of June 2024: $-182.14K USD
Based on the latest financial reports, Newron Sport (NSPT) has net assets worth $-182.14K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.15K) and total liabilities ($185.29K). 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 | $-182.14K |
| % of Total Assets | -5782.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 85.13 |
Newron Sport - Net Assets Trend (1998–2023)
This chart illustrates how Newron Sport's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Newron Sport (1998–2023)
The table below shows the annual net assets of Newron Sport from 1998 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-136.25K | -11.36% |
| 2022-12-31 | $-122.36K | +75.43% |
| 2009-12-31 | $-498.05K | +58.10% |
| 2008-12-31 | $-1.19 Million | +38.66% |
| 2003-12-31 | $-1.94 Million | -276.64% |
| 2002-12-31 | $-514.45K | -240.72% |
| 1999-12-31 | $365.58K | -70.45% |
| 1998-12-31 | $1.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newron Sport'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 905939200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.12 Million | % |
| Other Components | $8.89 Million | % |
| Total Equity | $-152.93K | 100.00% |
Newron Sport Competitors by Market Cap
The table below lists competitors of Newron Sport ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newron Sport's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -122,355 to -152,931, a change of -30,576.
- Net loss of 30,576 reduced equity.
- Other comprehensive income decreased equity by 10,007,717.
- Other factors increased equity by 10,007,717.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.58K | -19.99% |
| Other Comprehensive Income | $-10.01 Million | -6543.94% |
| Other Changes | $10.01 Million | +6543.94% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Newron Sport'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 |
|---|---|---|---|
| 2008-12-31 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newron Sport 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 above the historical average (-31.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -11.60% | 0.00% | 0.00x | 1.04x | $-267.28K |
| 1999 | -238.44% | 0.00% | 0.00x | 1.14x | $-908.22K |
| 2002 | 0.00% | -46.55% | 2.18x | 0.00x | $-873.17K |
| 2003 | 0.00% | -85.25% | 3.05x | 0.00x | $-1.25 Million |
| 2008 | 0.00% | -21.31% | 0.38x | 0.00x | $117.16K |
| 2009 | 0.00% | -13.00% | 0.06x | 0.00x | $49.25K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-110.12K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.28K |
Industry Comparison
This section compares Newron Sport's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newron Sport (NSPT) | $-182.14K | -11.60% | N/A | $0.96 |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |