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
Q1 2024 - May 17, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.93 % -37.8%
Debt-to-equity -112 % -0.57%
Return On Equity 25.5 % +43.2%
Return On Assets -213 % -35.6%
Operating Margin -247 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.1M shares +11.6%
Common Stock, Shares, Outstanding 23M shares +7.54%
Entity Public Float 11.9M USD +87%
Common Stock, Value, Issued 23K USD +7.53%
Weighted Average Number of Shares Outstanding, Basic 22.8M shares -3.66%
Weighted Average Number of Shares Outstanding, Diluted 22.8M shares -3.66%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 414K USD -12.7%
Cost of Revenue 402K USD -13.8%
General and Administrative Expense 644K USD -6.01%
Operating Income (Loss) -1.02M USD -26%
Nonoperating Income (Expense) -448K USD -98.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.78M USD -63%
Net Income (Loss) Attributable to Parent -1.78M USD -63%
Earnings Per Share, Basic -0.08 USD/shares +50%
Earnings Per Share, Diluted -0.08 USD/shares +50%

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 724 USD
Assets, Current 18.2K USD -94.5%
Property, Plant and Equipment, Net 763 USD -63.4%
Operating Lease, Right-of-Use Asset 31.5K USD -93.1%
Intangible Assets, Net (Excluding Goodwill) 306K USD
Assets 655K USD -69%
Accounts Payable, Current 25.5K USD
Employee-related Liabilities, Current 2.58M USD +14.7%
Liabilities, Current 5.75M USD +17.2%
Operating Lease, Liability, Noncurrent 3.55K USD -75.5%
Liabilities 8.25M USD +6.39%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.71M USD +0.06%
Retained Earnings (Accumulated Deficit) -141M USD -1.17%
Stockholders' Equity Attributable to Parent -7.6M USD -34.6%
Liabilities and Equity 655K USD -69%

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 +55.5%
Common Stock, Shares Authorized 100M shares -99.9%
Common Stock, Shares, Issued 23M shares +7.54%
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 2.96K USD -89.4%
Deferred Tax Assets, Valuation Allowance 3.8M USD +5.33%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.8M USD +5.33%
Operating Lease, Liability 10.8K USD -96.3%
Depreciation 1.37K USD -18.8%
Payments to Acquire Property, Plant, and Equipment 1.08K USD -55.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.78M USD -62.9%
Lessee, Operating Lease, Liability, to be Paid 11.1K USD -96.3%
Operating Lease, Liability, Current 7.27K USD -97.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.02K USD -86.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.04K USD -97.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure -42.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 239 USD -97%
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 347K USD -29.4%
Depreciation, Depletion and Amortization 292 USD -14.9%
Interest Expense 224K USD +22.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%