NETWORK CN INC financial data

Location
Hong Kong, Hong Kong
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2024 - 21 Nov 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.1% % -68%
Debt-to-equity -108% % 8%
Return On Equity 15% % -51%
Return On Assets -181% % -5.5%
Operating Margin -66% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25,088,592 shares
Common Stock, Shares, Outstanding 25,088,592 shares 12%
Common Stock, Value, Issued $25,088 USD 12%
Weighted Average Number of Shares Outstanding, Basic 25,088,592 shares 1.9%
Weighted Average Number of Shares Outstanding, Diluted 25,088,592 shares 1.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $573,263 USD 130%
Cost of Revenue $563,442 USD 91%
General and Administrative Expense $453,900 USD -48%
Operating Income (Loss) $378,374 USD 77%
Nonoperating Income (Expense) $447,983 USD -99%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,144,366 USD 40%
Net Income (Loss) Attributable to Parent $1,144,366 USD 40%
Earnings Per Share, Basic 0 USD/shares 0%
Earnings Per Share, Diluted 0 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Other Assets, Current $729 USD
Assets, Current $35,352 USD -39%
Property, Plant and Equipment, Net $179 USD -87%
Operating Lease, Right-of-Use Asset $10,835 USD -85%
Assets $478,031 USD -42%
Employee-related Liabilities, Current $381,665 USD -85%
Liabilities, Current $6,104,848 USD 28%
Operating Lease, Liability, Noncurrent $2,331 USD
Liabilities $8,607,179 USD 13%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,717,620 USD 0.22%
Retained Earnings (Accumulated Deficit) $142,002,256 USD -0.71%
Stockholders' Equity Attributable to Parent $8,129,148 USD -19%
Liabilities and Equity $478,031 USD -42%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $34,304 USD 48%
Net Cash Provided by (Used in) Financing Activities $24,300 USD -68%
Common Stock, Shares Authorized 100,000,000 shares 0%
Common Stock, Shares, Issued 25,088,592 shares 12%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $2,373 USD -131%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $3,493 USD -24%
Deferred Tax Assets, Valuation Allowance $3,844,733 USD 2.2%
Deferred Tax Assets, Gross $3,844,733 USD 2.2%
Operating Lease, Liability $6,280 USD -76%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,140,584 USD 40%
Lessee, Operating Lease, Liability, to be Paid $6,395 USD -76%
Operating Lease, Liability, Current $3,949 USD -85%
Lessee, Operating Lease, Liability, to be Paid, Year Two $4,050 USD -78%
Lessee, Operating Lease, Liability, to be Paid, Year One $2,345 USD -68%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure -45%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $115 USD -81%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10,000,000 shares 100%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $339,118 USD 8.5%
Depreciation, Depletion and Amortization $292 USD -15%
Interest Expense $262,314 USD 38%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%