Luokung Technology Financials

LKCO Stock  USD 1.77  0.05  2.75%   
Based on the key measurements obtained from Luokung Technology's financial statements, Luokung Technology Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Luokung Technology's Non Current Assets Total are very stable compared to the past year. As of the 11th of December 2024, Non Currrent Assets Other is likely to grow to about 16.7 M, though Total Stockholder Equity is likely to grow to (58.3 M). Key indicators impacting Luokung Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.06740.071
Notably Down
Slightly volatile
The financial analysis of Luokung Technology is a critical element in measuring its lifeblood. Investors should not minimize Luokung Technology's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(172.26 Million)

  

Luokung Technology Stock Summary

Luokung Technology competes with Auddia, Freight Technologies, CXApp, Trust Stamp, and Infobird. Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the Peoples Republic of China. Luokung Technology Corp. was incorporated in 2009 and is headquartered in Beijing, China. Luokung Technology operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 738 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG569811067
CUSIPG56981106 G56981205 G56981114
LocationChina
Business AddressSOHO Phase II,
SectorInteractive Media & Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.luokung.com
Phone86 10 6506 5217
CurrencyUSD - US Dollar

Luokung Technology Key Financial Ratios

Luokung Technology Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets117.9M129.2M265.2M233.6M53.6M82.0M
Other Current Liab22.6M47.3M31.4M47.8M55.0M57.8M
Net Debt31.3M43.5M42.9M53.0M53.1M55.8M
Retained Earnings(73.4M)(113.2M)(182.7M)(235.2M)(416.6M)(395.8M)
Accounts Payable4.3M5.8M9.2M8.1M8.2M8.6M
Cash3.7M71.8K16.4M1.3M84.0K79.8K
Net Receivables32.4M4.0M14.5M10.6M3.3M3.2M
Inventory(27.3B)(8.0B)(27.5B)(170.0K)(153.0K)(160.6K)
Other Current Assets27.3B8.0M26.8M36.2M41.6M39.6M
Total Liab63.9M76.5M111.3M109.5M116.9M122.7M
Total Current Assets41.0M12.0M57.7M44.8M7.1M6.8M
Short Term Debt1.7M40.9M56.3M53.1M61.1M64.1M
Intangible Assets47.3M42.7M102.9M87.7M43.3M24.3M
Common Stock2.1M2.4M3.9M4.9M5.7M5.9M
Other Liab32.9M2.9M6.6M3.3M3.8M7.2M
Net Tangible Assets(4.8M)(2.3M)(38.8M)(53.8M)(48.5M)(46.0M)
Other Assets16.6M61.4M12.3M14.2M16.3M14.5M
Good Will11.7M12.0M81.8M80.3M377.7K358.8K
Short Long Term Debt1.3M40.6M54.9M51.4M53.2M29.0M
Net Invested Capital88.4M95.6M200.7M165.6M(8.2M)(7.8M)
Net Working Capital10.3M(61.6M)(44.0M)(50.0M)(93.6M)(88.9M)

Luokung Technology Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense102.1K3.6M4.1M3.4M3.5M3.7M
Total Revenue18.8M18.3M145.1M93.6M10.2M9.7M
Gross Profit3.8M784.3K16.0M15.7M4.6M7.0M
Operating Income(31.5M)(40.3M)(65.6M)(60.5M)(181.3M)(172.2M)
Ebit(30.6M)(36.4M)(65.5M)(50.8M)(45.7M)(43.4M)
Research Development8.7M9.4M45.5M49.9M25.2M26.4M
Ebitda(24.7M)(30.8M)(50.9M)(32.0M)(28.8M)(27.4M)
Cost Of Revenue15.0M17.5M129.0M77.9M5.6M5.3M
Income Before Tax(32.0M)(40.1M)(69.6M)(54.2M)(179.0M)(170.0M)
Net Income(32.0M)(45.2M)(61.5M)(50.2M)(181.3M)(172.3M)
Income Tax Expense(71.0K)5.2M(8.1M)(3.9M)(3.5M)(3.4M)
Net Interest Income(102.1K)(3.6M)(4.1M)(3.4M)(3.5M)(3.3M)

Luokung Technology Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.5M(3.6M)16.7M(15.5M)(718.6K)(682.7K)
Free Cash Flow(18.4M)(15.9M)(55.3M)(18.3M)(449.3K)(471.7K)
Depreciation6.5M6.0M14.6M18.7M16.0M16.8M
Other Non Cash Items12.9M(235.4K)7.4M1.8M(25.5K)(24.2K)
Capital Expenditures131.3K34.0K1.5M424.9K28.4K27.0K
Net Income(32.0M)(40.1M)(61.5M)(50.2M)(181.3M)(172.3M)
End Period Cash Flow3.7M71.8K16.8M1.3M546.3K519.0K
Investments(14.6M)(478.3K)(6.9M)(934.2K)(436.6K)(458.4K)
Net Borrowings23.4M21.7M1.1M(326.5K)(375.4K)(356.7K)
Change To Netincome12.4M23.1M27.7M18.5M21.3M13.9M

Luokung Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Luokung Technology's current stock value. Our valuation model uses many indicators to compare Luokung Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Luokung Technology competition to find correlations between indicators driving Luokung Technology's intrinsic value. More Info.
Luokung Technology Corp is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Luokung Technology's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Luokung Technology's earnings, one of the primary drivers of an investment's value.

Luokung Technology Corp Systematic Risk

Luokung Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Luokung Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Luokung Technology Corp correlated with the market. If Beta is less than 0 Luokung Technology generally moves in the opposite direction as compared to the market. If Luokung Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Luokung Technology Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Luokung Technology is generally in the same direction as the market. If Beta > 1 Luokung Technology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Luokung Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Luokung Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Luokung Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.64E-4)

At this time, Luokung Technology's Price Earnings To Growth Ratio is very stable compared to the past year.

Luokung Technology December 11, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Luokung Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Luokung Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Luokung Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Luokung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Luokung Technology's daily price indicators and compare them against related drivers.
When determining whether Luokung Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luokung Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luokung Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luokung Technology Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luokung Technology. If investors know Luokung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(652.40)
Revenue Per Share
4.604
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.44)
Return On Equity
(4.47)
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.