Luokung Technology Corp
Luokung Technology Corp., a spatial-temporal intelligent big data services company, provides interactive location-based services and high definition maps in the People's Republic of China. The company offers Luokung SDKs and APIs, which provide spatial-temporal big data analysis and customized map to software and mobile application developers that allows location-based contents and information to… Read more
Luokung Technology Corp (LKCO) - Total Assets
Latest total assets as of September 2024: $53.64 Million USD
Based on the latest financial reports, Luokung Technology Corp (LKCO) holds total assets worth $53.64 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Luokung Technology Corp - Total Assets Trend (2008–2024)
This chart illustrates how Luokung Technology Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luokung Technology Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Luokung Technology Corp's total assets of $53.64 Million consist of 13.3% current assets and 86.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $4.68 Million | 8.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $43.33 Million | 80.8% |
| Goodwill | $377.67K | 0.7% |
Asset Composition Trend (2008–2024)
This chart illustrates how Luokung Technology Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Luokung Technology Corp's current assets represent 13.3% of total assets in 2024, a decrease from 87.8% in 2008.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, up from 0.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 80.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 80.8% of total assets.
Luokung Technology Corp Competitors by Total Assets
Key competitors of Luokung Technology Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DREAMINSIGHT Co,.Ltd.
KQ:362990
|
Korea | ₩50.75 Billion |
|
Cheil Worldwide
KO:030000
|
Korea | ₩3.44 Trillion |
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
Luokung Technology Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Luokung Technology Corp generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Luokung Technology Corp is currently not profitable relative to its asset base.
Luokung Technology Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.07 | 0.07 | 1.34 |
| Quick Ratio | 0.07 | 0.07 | 889.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-93.59 Million | $ -93.59 Million | $ 10.28 Million |
Luokung Technology Corp - Advanced Valuation Insights
This section examines the relationship between Luokung Technology Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.06 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $53.64 Million |
| Market Capitalization | $1.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luokung Technology Corp's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Luokung Technology Corp's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Luokung Technology Corp (2008–2024)
The table below shows the annual total assets of Luokung Technology Corp from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $53.64 Million | 0.00% |
| 2023-12-31 | $53.64 Million | -77.04% |
| 2022-12-31 | $233.64 Million | -11.90% |
| 2021-12-31 | $265.19 Million | +105.28% |
| 2020-12-31 | $129.18 Million | +9.57% |
| 2019-12-31 | $117.90 Million | +213.70% |
| 2018-12-31 | $37.58 Million | 0.00% |
| 2017-12-31 | $37.58 Million | +63.40% |
| 2017-09-30 | $23.00 Million | -3.05% |
| 2016-12-31 | $23.72 Million | -7.67% |
| 2015-12-31 | $25.69 Million | -21.89% |
| 2014-12-31 | $32.89 Million | -2.05% |
| 2013-12-31 | $33.58 Million | +12.34% |
| 2012-12-31 | $29.89 Million | -18.15% |
| 2011-12-31 | $36.52 Million | -4.08% |
| 2010-12-31 | $38.07 Million | +112.62% |
| 2009-12-31 | $17.91 Million | +22.01% |
| 2008-12-31 | $14.68 Million | -- |