BlockchainK2 Corp
BlockchainK2 Corp. engages in investing in blockchain technology solutions for capital markets and other sectors. The company operates Amplify gaming platform, a blockchain-powered service that manages the sales and promotion of video games; and iRecover Coin App to implement the findings and principles of behaviorism, social neurodevelopment, and behavioral economics in a blockchain-based applic… Read more
BlockchainK2 Corp (BIDCF) - Total Assets
Latest total assets as of June 2024: $1.24 Million USD
Based on the latest financial reports, BlockchainK2 Corp (BIDCF) holds total assets worth $1.24 Million USD as of June 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.
BlockchainK2 Corp - Total Assets Trend (2012–2023)
This chart illustrates how BlockchainK2 Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BlockchainK2 Corp - Asset Composition Analysis
Current Asset Composition (September 2023)
BlockchainK2 Corp's total assets of $1.24 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $2.60K | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how BlockchainK2 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: BlockchainK2 Corp's current assets represent 4.9% of total assets in 2023, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2023, down from 18.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
BlockchainK2 Corp Competitors by Total Assets
Key competitors of BlockchainK2 Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
BlockchainK2 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 - BlockchainK2 Corp generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - BlockchainK2 Corp is currently not profitable relative to its asset base.
BlockchainK2 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 | 0.48 | 0.26 | 41.61 |
| Quick Ratio | 0.48 | 0.26 | 41.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-706.74K | $ -686.14K | $ 2.19 Million |
BlockchainK2 Corp - Advanced Valuation Insights
This section examines the relationship between BlockchainK2 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 | 23.43 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | -14.2% |
| Total Assets | $1.16 Million |
| Market Capitalization | $1.18 Million USD |
Valuation Analysis
Above Book Valuation: The market values BlockchainK2 Corp's assets above their book value (1.01 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: BlockchainK2 Corp's assets decreased by 14.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BlockchainK2 Corp (2012–2023)
The table below shows the annual total assets of BlockchainK2 Corp from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $1.16 Million | -14.18% |
| 2022-09-30 | $1.35 Million | -27.66% |
| 2021-09-30 | $1.87 Million | -33.05% |
| 2020-09-30 | $2.79 Million | -5.25% |
| 2019-09-30 | $2.95 Million | -24.70% |
| 2018-09-30 | $3.92 Million | +268.59% |
| 2017-09-30 | $1.06 Million | +414.64% |
| 2016-09-30 | $206.50K | -57.81% |
| 2015-09-30 | $489.49K | -50.48% |
| 2014-09-30 | $988.48K | -93.01% |
| 2013-09-30 | $14.14 Million | -5.10% |
| 2012-09-30 | $14.90 Million | -- |