Network CN Inc
Network CN Inc., together with its subsidiaries, provides out-of-home advertising services in the People's Republic of China. The company also operates a network of roadside light emitting diode (LED) digital video panels, mega-size LED digital video billboards, and light boxes. In addition, it provides administrative and management services. The company was formerly known as Teda Travel Group In… Read more
Network CN Inc (NWCN) - Total Assets
Latest total assets as of September 2024: $478.03K USD
Based on the latest financial reports, Network CN Inc (NWCN) holds total assets worth $478.03K 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.
Network CN Inc - Total Assets Trend (2000–2023)
This chart illustrates how Network CN Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Network CN Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Network CN Inc's total assets of $478.03K consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $176.67K | 21.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $609.76K | 73.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2023)
This chart illustrates how Network CN 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: Network CN Inc's current assets represent 22.3% of total assets in 2023, a decrease from 38.2% in 2000.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2023, down from 36.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 72.0% of total assets, an increase from 51.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 73.0% of total assets.
Network CN Inc Competitors by Total Assets
Key competitors of Network CN Inc 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 |
Network CN 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
Moderate asset utilization - Network CN Inc generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Network CN Inc is currently not profitable relative to its asset base.
Network CN 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 | 0.01 | 0.01 |
| Quick Ratio | 0.01 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.07 Million | $ -4.71 Million | $ -12.64 Million |
Network CN Inc - Advanced Valuation Insights
This section examines the relationship between Network CN 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 | 0.01 |
| Asset Growth Rate (YoY) | 72.6% |
| Total Assets | $835.38K |
| Market Capitalization | $10.04K USD |
Valuation Analysis
Below Book Valuation: The market values Network CN Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Network CN Inc's assets grew by 72.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Network CN Inc (2000–2023)
The table below shows the annual total assets of Network CN Inc from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $835.38K | +72.59% |
| 2022-12-31 | $484.02K | +304.50% |
| 2021-12-31 | $119.66K | +12.29% |
| 2020-12-31 | $106.57K | +0.58% |
| 2019-12-31 | $105.95K | -14.73% |
| 2018-12-31 | $124.25K | +13.22% |
| 2017-12-31 | $109.75K | -1.34% |
| 2016-12-31 | $111.24K | -10.72% |
| 2015-12-31 | $124.59K | -44.55% |
| 2014-12-31 | $224.67K | -82.56% |
| 2013-12-31 | $1.29 Million | -25.94% |
| 2012-12-31 | $1.74 Million | +76.88% |
| 2011-12-31 | $983.44K | -50.20% |
| 2010-12-31 | $1.97 Million | -57.58% |
| 2009-12-31 | $4.66 Million | -64.39% |
| 2008-12-31 | $13.07 Million | -51.77% |
| 2007-12-31 | $27.11 Million | +157.50% |
| 2006-12-31 | $10.53 Million | +220.01% |
| 2005-12-31 | $3.29 Million | -16.14% |
| 2004-12-31 | $3.92 Million | +22245.85% |
| 2003-12-31 | $17.55K | +9138.95% |
| 2002-12-31 | $190.00 | -99.92% |
| 2001-12-31 | $251.55K | -40.11% |
| 2000-12-31 | $420.00K | -- |