Luokung Technology Net Worth

Luokung Technology Net Worth Breakdown

  LKCO
The net worth of Luokung Technology Corp is the difference between its total assets and liabilities. Luokung Technology's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Luokung Technology's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Luokung Technology's net worth can be used as a measure of its financial health and stability which can help investors to decide if Luokung Technology is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Luokung Technology Corp stock.

Luokung Technology Net Worth Analysis

Luokung Technology's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Luokung Technology's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Luokung Technology's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Luokung Technology's net worth analysis. One common approach is to calculate Luokung Technology's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Luokung Technology's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Luokung Technology's net worth. This approach calculates the present value of Luokung Technology's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Luokung Technology's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Luokung Technology's net worth. This involves comparing Luokung Technology's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Luokung Technology's net worth relative to its peers.

Enterprise Value

59.59 Million

To determine if Luokung Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Luokung Technology's net worth research are outlined below:
Luokung Technology generated a negative expected return over the last 90 days
Luokung Technology has high historical volatility and very poor performance
Luokung Technology may become a speculative penny stock
Luokung Technology has a very high chance of going through financial distress in the upcoming years
Luokung Technology Corp currently holds 53.23 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. Luokung Technology Corp has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Luokung Technology's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 10.24 M. Net Loss for the year was (181.33 M) with profit before overhead, payroll, taxes, and interest of 15.65 M.
Luokung Technology Corp currently holds about 16.44 M in cash with (420.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Latest headline from news.google.com: LUOKUNG TECHNOLOGY CORP- The GF Scores 5 Key Aspects of Analysis - GuruFocus.com

Luokung Technology Quarterly Good Will

377,665

Luokung Technology uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Luokung Technology Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Luokung Technology's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
20th of May 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Know Luokung Technology's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Luokung Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Luokung Technology Corp backward and forwards among themselves. Luokung Technology's institutional investor refers to the entity that pools money to purchase Luokung Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Sicart Associates Llc2024-09-30
21.2 K
Banque Cantonale Vaudoise2024-09-30
15.4 K
Royal Bank Of Canada2024-06-30
92.0
Ubs Group Ag2024-09-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Note, although Luokung Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Luokung Technology's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.44 M.

Market Cap

8.34 Million

Project Luokung Technology's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(18.26)(17.35)
Return On Capital Employed 3.85  4.04 
Return On Assets(3.38)(3.21)
Return On Equity 2.95  3.10 
When accessing Luokung Technology's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Luokung Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Luokung Technology's profitability and make more informed investment decisions.

Evaluate Luokung Technology's management efficiency

Luokung Technology Corp has return on total asset (ROA) of (0.4411) % which means that it has lost $0.4411 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (4.4712) %, meaning that it created substantial loss on money invested by shareholders. Luokung Technology's management efficiency ratios could be used to measure how well Luokung Technology manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Luokung Technology's Return On Capital Employed is very stable compared to the past year. As of the 11th of December 2024, Return On Equity is likely to grow to 3.10, though Return On Tangible Assets are likely to grow to (17.35). At this time, Luokung Technology's Asset Turnover is very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share(28.44)(27.02)
Tangible Book Value Per Share(48.09)(45.69)
Enterprise Value Over EBITDA(0.39)(0.37)
Price Book Value Ratio(0.14)(0.14)
Enterprise Value Multiple(0.39)(0.37)
Price Fair Value(0.14)(0.14)
Enterprise Value62.7 M59.6 M
Luokung Technology showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Enterprise Value Revenue
5.7035
Revenue
10.2 M
Quarterly Revenue Growth
(0.87)
Revenue Per Share
4.604
Return On Equity
(4.47)
Luokung Technology time-series forecasting models is one of many Luokung Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Luokung Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Luokung Technology Earnings per Share Projection vs Actual

Luokung Technology Corporate Management

Xuesong SongCoFounder ChairmanProfile
Jian ZhangChief OfficerProfile
Jie YuChief OfficerProfile
Baomin LiChief OfficerProfile
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.