Network Cn Inc financial data

Symbol
NWCN on OTC
Industry
Services-Advertising
Location
Unit 705 B, 7 Th Fl, New East Ocean Centre, 9 Science Museum Road, Tst, Kowloon, Hong Kong
State of incorporation
Delaware
Fiscal year end
December 31
Former names
TEDA TRAVEL GROUP INC (to 7/31/2006), ACOLA CORP (to 4/5/2004), MEGACHAIN COM LTD (to 2/13/2001)
Latest financial report
10-Q - Q2 2024 - Aug 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.27 % -64.6%
Debt-to-equity -110 % +4.62%
Return On Equity 17 % -38.7%
Return On Assets -174 % +5.36%
Operating Margin -90.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 23.2M shares +3.32%
Common Stock, Shares, Outstanding 23.2M shares -0.81%
Entity Public Float 11.9M USD +87%
Common Stock, Value, Issued 23K USD -1.95%
Weighted Average Number of Shares Outstanding, Basic 23M shares -0.68%
Weighted Average Number of Shares Outstanding, Diluted 23M shares -0.68%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 528K USD +121%
Cost of Revenue 531K USD +163%
General and Administrative Expense 548K USD -29.5%
Operating Income (Loss) -479K USD +66.7%
Nonoperating Income (Expense) -448K USD -98.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.25M USD +27.5%
Net Income (Loss) Attributable to Parent -1.25M USD +27.5%
Earnings Per Share, Basic -0.05 USD/shares +75%
Earnings Per Share, Diluted -0.05 USD/shares +75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Inventory, Net 9.19K USD
Other Assets, Current 707 USD
Assets, Current 18.7K USD -86.6%
Property, Plant and Equipment, Net 472 USD -72.9%
Operating Lease, Right-of-Use Asset 19.8K USD -84.1%
Intangible Assets, Net (Excluding Goodwill) 306K USD
Assets 557K USD -46.2%
Accounts Payable, Current 25.5K USD
Employee-related Liabilities, Current 295K USD -87.5%
Liabilities, Current 5.92M USD +28.1%
Operating Lease, Liability, Noncurrent 3.48K USD -65%
Liabilities 8.42M USD +12.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.72M USD +0.42%
Retained Earnings (Accumulated Deficit) -142M USD -0.78%
Stockholders' Equity Attributable to Parent -7.86M USD -21.9%
Liabilities and Equity 557K USD -46.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -34.3K USD +47.7%
Net Cash Provided by (Used in) Financing Activities 24.3K USD -67.9%
Net Cash Provided by (Used in) Investing Activities -1.08K USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 23.2M shares -0.81%
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 -2.37K USD -131%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 11K USD +319%
Deferred Tax Assets, Valuation Allowance 3.82M USD +2.36%
Deferred Tax Assets, Gross 3.82M USD +2.36%
Operating Lease, Liability 9.52K USD -89.8%
Payments to Acquire Property, Plant, and Equipment 1.08K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.24M USD +27.5%
Lessee, Operating Lease, Liability, to be Paid 9.68K USD -89.8%
Operating Lease, Liability, Current 6.04K USD -92.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.92K USD -89.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.76K USD -88.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure -42.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 161 USD -91.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.45K USD -37%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares +100%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 332K USD -14.5%
Depreciation, Depletion and Amortization 292 USD -14.9%
Interest Expense 247K USD +34.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%