CooTek Cayman Inc
CooTek (Cayman) Inc. operates as a mobile internet company in the United States and the People's Republic of China. The company offers Fengdu Novel, a mobile application that provides users with free online novels; and Fengdu Literature, a platform covering various categories of male and female preferred content, such as genres of romance, fantasy, science fiction, history, and others. It also pr… Read more
CooTek Cayman Inc (CTKYY) - Total Assets
Latest total assets as of December 2021: $56.43 Million USD
Based on the latest financial reports, CooTek Cayman Inc (CTKYY) holds total assets worth $56.43 Million USD as of December 2021.
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.
CooTek Cayman Inc - Total Assets Trend (2016–2024)
This chart illustrates how CooTek Cayman Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CooTek Cayman Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
CooTek Cayman Inc's total assets of $56.43 Million consist of 94.3% current assets and 5.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.8% |
| Accounts Receivable | $2.86 Million | 31.8% |
| 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 (2016–2024)
This chart illustrates how CooTek Cayman Inc'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: CooTek Cayman Inc's current assets represent 94.3% of total assets in 2024, a decrease from 97.0% in 2016.
- Cash Position: Cash and equivalents constituted 45.8% of total assets in 2024, down from 83.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 31.8% of total assets.
CooTek Cayman Inc Competitors by Total Assets
Key competitors of CooTek Cayman Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
CooTek Cayman Inc - 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
Strong asset utilization - CooTek Cayman Inc generates 3.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, CooTek Cayman Inc generates $ 0.71 in net profit.
CooTek Cayman Inc - 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 | 0.82 | 0.62 | 2.95 |
| Quick Ratio | 0.66 | 0.50 | 2.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.18 Million | $ -42.06 Million | $ 28.92 Million |
CooTek Cayman Inc - Advanced Valuation Insights
This section examines the relationship between CooTek Cayman Inc'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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -3.2% |
| Total Assets | $8.99 Million |
| Market Capitalization | $200.93K USD |
Valuation Analysis
Below Book Valuation: The market values CooTek Cayman Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: CooTek Cayman Inc's assets decreased by 3.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for CooTek Cayman Inc (2016–2024)
The table below shows the annual total assets of CooTek Cayman Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.99 Million | -3.19% |
| 2023-12-31 | $9.28 Million | -56.60% |
| 2022-12-31 | $21.39 Million | -62.10% |
| 2021-12-31 | $56.43 Million | -41.77% |
| 2020-12-31 | $96.90 Million | -4.85% |
| 2019-12-31 | $101.84 Million | -14.02% |
| 2018-12-31 | $118.44 Million | +156.03% |
| 2017-12-31 | $46.26 Million | -6.27% |
| 2016-12-31 | $49.35 Million | -- |