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NEW ASIA HOLDINGS INC (NAHD) Financials

NAHD
Trailing 12 months to June 30, 2024
Revenue Not reported for the trailing 12 months
Net Income Not reported for the trailing 12 months
EPS (Diluted) Not reported for the trailing 12 months
Operating Cash Flow -$106K -35.7% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2024, ended Jun 30, 2024 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2024, filed Aug 29, 2024. Each column of the statement tables below links to the filing it was taken from.

This page shows NEW ASIA HOLDINGS INC (NAHD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NAHD FY2023

The balance sheet is liability-dominated, while shrinking assets and unreported revenue leave the operating model largely unmeasurable.

Liabilities increased from $1.07M in FY2020 to $1.36M in FY2023 as assets fell from $212K to $16K, deepening the company’s negative-equity position. That combination indicates financial obligations expanded as the asset base contracted, rather than a business accumulating resources.

Operating cash outflow narrowed from $124K in FY2020 to $77K in FY2022, but the improvement occurred alongside shrinking assets rather than reported revenue growth. This makes the cash trend insufficient to establish improving operations.

By FY2023, the current ratio was just 0.0x, meaning reported current assets were a very small fraction of current liabilities. With revenue, net income, and FY2023 cash-flow measures unreported, liquidity and operating performance cannot be evaluated through earnings conversion.

Some figures from recent filings were inconsistent and were omitted from this summary.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

NEW ASIA HOLDINGS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$71K
YoY-57.1%
QoQ-76.4%

NEW ASIA HOLDINGS INC reported -$71K in net income in Q2 2024. This represents a decrease of 57.1% from the same quarter a year earlier. Against the prior quarter it is down 76.4%.

Revenue

Not reported for Q2 2024.

EBITDA

Not reported for Q2 2024.

EPS (Diluted)

Not reported for Q2 2024.

Cash & Balance Sheet

Cash & Debt
$13K
YoY-42.8%
QoQ+633.1%
5Y CAGR-15.5%
10Y CAGR+4.5%

NEW ASIA HOLDINGS INC held $13K in cash as of Q2 2024; long-term debt is not reported for that period.

Shares Outstanding
75M
YoY0.0%
QoQ0.0%

NEW ASIA HOLDINGS INC had 75M shares outstanding in Q2 2024. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2024.

Dividends Per Share

Not reported for Q2 2024.

Margins & Returns

None of these metrics is reported for Q2 2024.

Capital Allocation

None of these metrics is reported for Q2 2024.

NAHD Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NAHD quarterly income statement
MetricQ2'2410-QQ1'2410-QQ4'2310-QQ3'2310-QQ2'2310-QQ1'2310-QQ4'2210-KQ3'2210-Q
Gross Profit$0$0N/A$0$0$0N/A$0
SG&A Expenses$8K-54.1%$5K-68.1%N/A$19K+12.6%$17K-14.4%$16K-14.2%N/A$17K+1.2%
Operating Income-$71K-57.1%-$40K+29.8%N/A-$37K-12.3%-$45K-7.8%-$57K-22.6%N/A-$33K+3.0%
Income Tax$0$0N/A$0$0$0N/A$0
Net Income-$71K-57.1%-$40K+29.8%N/A-$37K-12.3%-$45K-7.8%-$57K-22.6%N/A-$33K+3.0%

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, R&D Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

NAHD Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NAHD quarterly balance sheet
MetricQ2'2410-QQ1'2410-QQ4'2310-QQ3'2310-QQ2'2310-QQ1'2310-QQ4'2210-KQ3'2210-Q
Total Assets$20K-32.2%$12K-58.8%$16K-31.4%$23K+27.9%$30K-18.8%$29K-42.4%$23K-68.1%$18K-80.2%
Current Assets$20K-32.4%$12K-59.2%$16K-31.6%$23K+28.2%$29K-18.9%$29K-42.5%$23K-68.2%$18K-80.3%
Cash & Equivalents$13K-42.8%$2K-90.6%$2K-80.9%$21K+32.2%$23K-19.4%$19K-50.8%$10K-83.0%$16K-82.3%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$1.5M+14.5%$1.4M+12.4%$1.4M+13.7%$1.3M+13.9%$1.3M+12.6%$1.2M+11.4%$1.2M+9.6%$1.2M+7.6%
Current Liabilities$1.5M+14.5%$1.4M+12.4%$1.4M+13.7%$1.3M+13.9%$1.3M+12.6%$1.2M+11.4%$1.2M+9.6%$1.2M+7.6%
Non-Current Liabilities$0$0$0$0$0$0$0$0
Total Equity-$1.5M-15.6%-$1.4M-14.1%-$1.3M-14.6%-$1.3M-13.7%-$1.3M-13.6%-$1.2M-13.9%-$1.2M-15.2%-$1.1M-15.8%
Retained Earnings-$12.9M-1.5%-$12.9M-1.3%-$12.8M-1.5%-$12.8M-1.4%-$12.7M-1.3%-$12.7M-1.3%-$12.6M-1.2%-$12.6M-1.2%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

NAHD Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NAHD quarterly cash flow statement
MetricQ2'2410-QQ1'2410-QQ4'2310-QQ3'2310-QQ2'2310-QQ1'2310-QQ4'2210-KQ3'2210-Q
Operating Cash Flow-$28K+9.7%-$24K-345.2%-$38K-24.1%-$16K-44.9%-$31K-82.0%-$5K+70.5%-$30K-0.7%-$11K+33.8%
Financing Cash Flow$40K+12.6%$24K+60.0%$19K-22.4%$14K+515.6%$36K+343.8%$15K$25K-$3K

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

NAHD Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NAHD quarterly financial ratios
MetricQ2'2410-QQ1'2410-QQ4'2310-QQ3'2310-QQ2'2310-QQ1'2310-QQ4'2210-KQ3'2210-Q
Return on Assets-353.4%-200.9pp-333.8%-137.8ppN/A-158.7%+22.0pp-152.6%-37.7pp-196.1%-103.9ppN/A-180.7%-143.8pp
Current Ratio0.010.0x0.010.0x0.010.0x0.020.0x0.020.0x0.020.0x0.020.0x0.02-0.1x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$1.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
NEW ASIA HOLDINGS INC NAHD FY2023 N/A N/A N/A $3.3M —
DECENTRAL LIFE INC WDLF FY2022 $944K $727K 77.0% $3.0M —

Frequently Asked Questions

What are NEW ASIA HOLDINGS INC's total assets?

NEW ASIA HOLDINGS INC (NAHD) had $16K in total assets as of fiscal year 2023, including both current and long-term assets.

What is NEW ASIA HOLDINGS INC's current ratio?

NEW ASIA HOLDINGS INC (NAHD) had a current ratio of 0.01 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

Why is NEW ASIA HOLDINGS INC's debt-to-equity ratio negative or not reported?

NEW ASIA HOLDINGS INC (NAHD) has negative shareholder equity of -$1.3M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

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