Network CN Inc
Network CN Inc., together with its subsidiaries, provides out-of-home advertising services in the People's Republic of China. The company also operates a network of roadside light emitting diode (LED) digital video panels, mega-size LED digital video billboards, and light boxes. In addition, it provides administrative and management services. The company was formerly known as Teda Travel Group In… Read more
Network CN Inc (NWCN) - Net Assets
Latest net assets as of September 2024: $-8.13 Million USD
Based on the latest financial reports, Network CN Inc (NWCN) has net assets worth $-8.13 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($478.03K) and total liabilities ($8.61 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 | $-8.13 Million |
| % of Total Assets | -1700.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1279.54 |
Network CN Inc - Net Assets Trend (2000–2023)
This chart illustrates how Network CN 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 Network CN Inc (2000–2023)
The table below shows the annual net assets of Network CN Inc from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-7.11 Million | -12.25% |
| 2022-12-31 | $-6.34 Million | -2.70% |
| 2021-12-31 | $-6.17 Million | +20.61% |
| 2020-12-31 | $-7.77 Million | +38.52% |
| 2019-12-31 | $-12.64 Million | -6.91% |
| 2018-12-31 | $-11.83 Million | -3.42% |
| 2017-12-31 | $-11.43 Million | -7.22% |
| 2016-12-31 | $-10.66 Million | -9.42% |
| 2015-12-31 | $-9.75 Million | -4.47% |
| 2014-12-31 | $-9.33 Million | -21.84% |
| 2013-12-31 | $-7.66 Million | -89.89% |
| 2012-12-31 | $-4.03 Million | +20.25% |
| 2011-12-31 | $-5.06 Million | -43.46% |
| 2010-12-31 | $-3.52 Million | -136.35% |
| 2009-12-31 | $-1.49 Million | +93.62% |
| 2008-12-31 | $-23.36 Million | -469.16% |
| 2007-12-31 | $6.33 Million | -33.51% |
| 2006-12-31 | $9.52 Million | +378.52% |
| 2005-12-31 | $1.99 Million | +3373.08% |
| 2004-12-31 | $57.25K | +375.10% |
| 2003-12-31 | $12.05K | +105.44% |
| 2002-12-31 | $-221.60K | -45591.34% |
| 2001-12-31 | $-485.00 | -100.12% |
| 2000-12-31 | $409.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Network CN 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 13893032800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.49K | % |
| Other Comprehensive Income | $1.70 Million | % |
| Other Components | $132.45 Million | % |
| Total Equity | $-7.11 Million | 100.00% |
Network CN Inc Competitors by Market Cap
The table below lists competitors of Network CN Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WILLIAMSON TEA KENYA LTD
XNAI:WTKL
|
$10.04K |
|
266170
KO:266170
|
$10.04K |
|
The Stephan Co
PINK:SPCO
|
$10.04K |
|
MAENDELEO BANK PLC
DSE:MBP
|
$10.06K |
|
Distribution Finance Capital Holdings PLC
LSE:DFCH
|
$10.03K |
|
AZRS
PINK:AZRS
|
$10.03K |
|
Ormester Vagyonvedelmi Nyrt.
BUD:ORM
|
$10.03K |
|
CSNA3F
SA:CSNA3F
|
$10.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Network CN Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -6,337,754 to -7,114,191, a change of -776,437.
- Net loss of 1,906,000 reduced equity.
- Other comprehensive income decreased equity by 6,342.
- Other factors increased equity by 1,135,905.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.91 Million | -26.79% |
| Other Comprehensive Income | $-6.34K | -0.09% |
| Other Changes | $1.14 Million | +15.97% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Network CN 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 |
|---|---|---|---|
| 2000-12-31 | $52.77 | $0.10 | x |
| 2001-12-31 | $-0.06 | $0.10 | x |
| 2002-12-31 | $-19.10 | $0.10 | x |
| 2003-12-31 | $0.93 | $0.10 | x |
| 2004-12-31 | $0.21 | $0.10 | x |
| 2005-12-31 | $6.86 | $0.10 | x |
| 2006-12-31 | $13.47 | $0.10 | x |
| 2007-12-31 | $6.54 | $0.10 | x |
| 2008-12-31 | $-24.48 | $0.10 | x |
| 2009-12-31 | $-0.35 | $0.10 | x |
| 2010-12-31 | $-0.63 | $0.10 | x |
| 2011-12-31 | $-0.87 | $0.10 | x |
| 2012-12-31 | $-0.04 | $0.10 | x |
| 2013-12-31 | $-0.15 | $0.10 | x |
| 2014-12-31 | $-0.18 | $0.10 | x |
| 2016-12-31 | $-1.33 | $0.10 | x |
| 2017-12-31 | $-1.42 | $0.10 | x |
| 2018-12-31 | $-1.40 | $0.10 | x |
| 2019-12-31 | $-1.44 | $0.10 | x |
| 2020-12-31 | $-0.89 | $0.10 | x |
| 2021-12-31 | $-0.30 | $0.10 | x |
| 2022-12-31 | $-0.30 | $0.10 | x |
| 2023-12-31 | $-0.32 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Network CN 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: -427.34%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-341.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -210.69% | -86193400.00% | 0.00x | 1.03x | $-902.84K |
| 2001 | 0.00% | -86200000.00% | 0.00x | 0.00x | $-861.95K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-392.84K |
| 2003 | 296.25% | 0.00% | 0.00x | 1.46x | $34.50K |
| 2004 | -7887.66% | -794.52% | 0.14x | 68.51x | $-4.52 Million |
| 2005 | -103.13% | -229.35% | 0.27x | 1.65x | $-2.25 Million |
| 2006 | -47.33% | -100.41% | 0.42x | 1.12x | $-5.40 Million |
| 2007 | -244.98% | -1015.04% | 0.05x | 4.53x | $-15.24 Million |
| 2008 | 0.00% | -1287.91% | 0.35x | 0.00x | $-57.19 Million |
| 2009 | 0.00% | -2948.62% | 0.27x | 0.00x | $-37.21 Million |
| 2010 | 0.00% | -117.94% | 1.12x | 0.00x | $-2.25 Million |
| 2011 | 0.00% | -117.16% | 1.83x | 0.00x | $-1.60 Million |
| 2012 | 0.00% | -65.96% | 1.06x | 0.00x | $-807.77K |
| 2013 | 0.00% | -436.75% | 0.69x | 0.00x | $-3.13 Million |
| 2014 | 0.00% | -363.44% | 3.04x | 0.00x | $-1.55 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $137.83K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $128.44K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $373.41K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $364.54K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $370.28K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $5.65 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-598.51K |
| 2022 | 0.00% | -868.56% | 0.22x | 0.00x | $-291.22K |
| 2023 | 0.00% | -427.34% | 0.53x | 0.00x | $-1.19 Million |
Industry Comparison
This section compares Network CN Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Network CN Inc (NWCN) | $-8.13 Million | -210.69% | N/A | $10.04K |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |