New Asia Holdings Inc
New Asia Holdings, Inc., together with its subsidiaries, develops and deploys neural trading models for the financial community in Singapore. The company also offers algorithm trading software solutions to clients based on software as a service licensing and delivery models with licensed users availing themselves of service-based contractual arrangements. It serves broker-dealers, banks, funds, a… Read more
New Asia Holdings Inc (NAHD) - Total Assets
Latest total assets as of June 2024: $20.03K USD
Based on the latest financial reports, New Asia Holdings Inc (NAHD) holds total assets worth $20.03K 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.
New Asia Holdings Inc - Total Assets Trend (2009–2023)
This chart illustrates how New Asia Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Asia Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
New Asia Holdings Inc's total assets of $20.03K consist of 98.8% current assets and 1.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.9% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2009–2023)
This chart illustrates how New Asia Holdings 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: New Asia Holdings Inc's current assets represent 98.8% of total assets in 2023, a decrease from 98.9% in 2009.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2023, down from 30.8% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
New Asia Holdings Inc Competitors by Total Assets
Key competitors of New Asia Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 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 |
New Asia Holdings 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
Lower asset utilization - New Asia Holdings Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - New Asia Holdings Inc is currently not profitable relative to its asset base.
New Asia Holdings 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 | 0.01 | 0.02 | 0.04 |
| Quick Ratio | 0.01 | 0.02 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.45 Million | $ -1.26 Million | $ -851.50K |
New Asia Holdings Inc - Advanced Valuation Insights
This section examines the relationship between New Asia Holdings 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 | - |
| Latest Market Cap to Assets Ratio | 1.67 |
| Asset Growth Rate (YoY) | -31.4% |
| Total Assets | $15.83K |
| Market Capitalization | $26.51K USD |
Valuation Analysis
Above Book Valuation: The market values New Asia Holdings Inc's assets above their book value (1.67 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: New Asia Holdings Inc's assets decreased by 31.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for New Asia Holdings Inc (2009–2023)
The table below shows the annual total assets of New Asia Holdings Inc from 2009 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $15.83K | -31.37% |
| 2022-12-31 | $23.06K | -68.06% |
| 2021-12-31 | $72.22K | -65.87% |
| 2020-12-31 | $211.57K | +503.30% |
| 2019-12-31 | $35.07K | -16.58% |
| 2018-12-31 | $42.04K | -41.17% |
| 2017-12-31 | $71.46K | -17.71% |
| 2016-12-31 | $86.84K | -28.91% |
| 2015-12-31 | $122.16K | -- |
| 2014-12-31 | $0.00 | -- |
| 2013-12-31 | $10.72K | -70.82% |
| 2012-12-31 | $36.73K | -31.10% |
| 2011-12-31 | $53.31K | -9.39% |
| 2010-12-31 | $58.83K | -50.64% |
| 2009-12-31 | $119.19K | -- |