Novagant Corp
Novagant Corp. provides logistics services in Hong Kong and China. The company offers transportation, including air and ocean freight services. It serves customers from various industries, such as pharmaceutical, FMCG, packaging, health care, health beauty, and other industries. Novagant Corp. is based in Kwun Tong, Hong Kong.
Novagant Corp (NVGT) - Net Assets
Latest net assets as of December 2023: $-325.60K USD
Based on the latest financial reports, Novagant Corp (NVGT) has net assets worth $-325.60K USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.60K) and total liabilities ($358.20K). 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 | $-325.60K |
| % of Total Assets | -998.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Novagant Corp - Net Assets Trend (2004–2023)
This chart illustrates how Novagant Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Novagant Corp (2004–2023)
The table below shows the annual net assets of Novagant Corp from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | $-273.83K | -22.84% |
| 2022-03-31 | $-222.92K | -1645.53% |
| 2021-03-31 | $-12.77K | +90.84% |
| 2020-03-31 | $-139.35K | 0.00% |
| 2015-03-31 | $-139.35K | -87.55% |
| 2014-03-31 | $-74.30K | -340.19% |
| 2013-03-31 | $-16.88K | +98.87% |
| 2010-03-31 | $-1.50 Million | -1536.72% |
| 2009-03-31 | $-91.46K | 0.00% |
| 2008-03-31 | $-91.46K | 0.00% |
| 2007-03-31 | $-91.46K | -0.02% |
| 2004-03-31 | $-91.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novagant Corp'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 grown by 1461934000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $493.64K | % |
| Other Components | $2.94 Million | % |
| Total Equity | $-273.83K | 100.00% |
Novagant Corp Competitors by Market Cap
The table below lists competitors of Novagant Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KALPATARU
NSE:KALPATARU
|
$33.25K |
|
SunBio Inc.
KO:067370
|
$33.29K |
|
North American Financial 15 Split Corp
PINK:FNCSF
|
$33.35K |
|
LTSV
PINK:LTSV
|
$33.36K |
|
NEW HOPE CORPN (OD8.SG)
STU:OD8
|
$33.21K |
|
Turn Therapeutics Inc. Common Stock
NASDAQ:TTRX
|
$33.19K |
|
BYD ELECTRONIC (4BY.SG)
STU:4BY
|
$33.18K |
|
TMP Group S.p.A.
F:A72
|
$33.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novagant Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -222,921 to -273,834, a change of -50,913.
- Net loss of 50,913 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-50.91K | -18.59% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Novagant Corp'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 |
|---|---|---|---|
| 2004-03-31 | $0.00 | $0.00 | x |
| 2005-03-31 | $-2.49 | $0.00 | x |
| 2006-03-31 | $-2.49 | $0.00 | x |
| 2007-03-31 | $-0.08 | $0.00 | x |
| 2008-03-31 | $0.00 | $0.00 | x |
| 2009-03-31 | $0.00 | $0.00 | x |
| 2010-03-31 | $0.00 | $0.00 | x |
| 2020-03-31 | $0.00 | $0.00 | x |
| 2021-03-31 | $0.00 | $0.00 | x |
| 2022-03-31 | $0.00 | $0.00 | x |
| 2023-03-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novagant Corp 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: -32.42%
- • Asset Turnover: 3.02x
- • 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 |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-114.11K |
| 2005 | 0.00% | -0.01% | 0.00x | 0.00x | $9.12K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-229.55K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.55K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.78K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-85.84K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $1.98 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.86K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-51.11K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $4.21K |
| 2021 | 0.00% | 3.23% | 3.57x | 0.00x | $6.46K |
| 2022 | 0.00% | -3487.51% | 1.91x | 0.00x | $-3.62 Million |
| 2023 | 0.00% | -32.42% | 3.02x | 0.00x | $-23.53K |
Industry Comparison
This section compares Novagant Corp's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novagant Corp (NVGT) | $-325.60K | 0.00% | N/A | $33.23K |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |