New Momentum Corporation
New Momentum Corporation, through its subsidiaries, develops and operates online ticketing platform Singapore. The company operates its platform under the Gagfare.com name, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It provides its services through Gagfare mobile application. New Momentum Corporation is based in Sin… Read more
New Momentum Corporation (NNAX) - Total Assets
Latest total assets as of September 2025: $10.81K USD
Based on the latest financial reports, New Momentum Corporation (NNAX) holds total assets worth $10.81K USD as of September 2025.
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 Momentum Corporation - Total Assets Trend (2006–2024)
This chart illustrates how New Momentum Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Momentum Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
New Momentum Corporation's total assets of $10.81K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 66.8% |
| Accounts Receivable | $3.89K | 33.2% |
| 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 (2006–2024)
This chart illustrates how New Momentum Corporation'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 Momentum Corporation's current assets represent 100.0% of total assets in 2024, an increase from 81.0% in 2006.
- Cash Position: Cash and equivalents constituted 66.8% of total assets in 2024, down from 81.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 33.2% of total assets.
New Momentum Corporation Competitors by Total Assets
Key competitors of New Momentum Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
New Momentum Corporation - 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 Momentum Corporation 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 Momentum Corporation is currently not profitable relative to its asset base.
New Momentum Corporation - 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 | 0.05 | 0.35 |
| Quick Ratio | 0.01 | 0.05 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-727.33K | $ -653.19K | $ -160.86K |
New Momentum Corporation - Advanced Valuation Insights
This section examines the relationship between New Momentum Corporation'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 | 327085.34 |
| Latest Market Cap to Assets Ratio | 28.23 |
| Asset Growth Rate (YoY) | -81.8% |
| Total Assets | $11.70K |
| Market Capitalization | $330.34K USD |
Valuation Analysis
Premium Asset Valuation: The market values New Momentum Corporation's assets at a significant premium ( 28.23x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: New Momentum Corporation's assets decreased by 81.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for New Momentum Corporation (2006–2024)
The table below shows the annual total assets of New Momentum Corporation from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.70K | -81.82% |
| 2023-12-31 | $64.36K | -44.08% |
| 2022-12-31 | $115.11K | +51.16% |
| 2021-12-31 | $76.15K | -10.22% |
| 2020-12-31 | $84.82K | +297.91% |
| 2019-12-31 | $21.32K | -75.36% |
| 2018-12-31 | $86.53K | -39.62% |
| 2017-12-31 | $143.31K | -27.78% |
| 2016-12-31 | $198.45K | -36.47% |
| 2015-12-31 | $312.39K | +266903.42% |
| 2013-12-31 | $117.00 | -14.60% |
| 2012-12-31 | $137.00 | -40.95% |
| 2011-12-31 | $232.00 | -17.73% |
| 2010-12-31 | $282.00 | +38.24% |
| 2009-12-31 | $204.00 | -3.32% |
| 2008-12-31 | $211.00 | -93.69% |
| 2007-12-31 | $3.34K | -53.58% |
| 2006-12-31 | $7.20K | -- |