Northann Corp

Northann Corp maintains a capital structure characterized by zero reported debt, resulting in a debt-to-equity ratio of 0.0. The company holds total assets of $13.9 million against total liabilities of $11.3 million, leaving total equity of $2.6 million. The market capitalization stands at $8.8 million, implying a price-to-book ratio of 3.39. Operating cash flow is negative at -$1.2 million, indicating current cash burn from operations.

Profitability metrics are deeply negative, with a return on equity of -2.72 and a return on assets of -0.51. The company reported a net loss of $4.4 million on revenue of $15.3 million. Operating income was negative at -$1.7 million, while gross profit was $4.0 million, suggesting significant operating expenses relative to gross margins. No cohort median data is available to benchmark these returns against industry peers.

Revenue concentration by segment or geography is not disclosed in the available data. The company’s activity is broadly defined as Building Products, but specific product lines or regional exposures are not detailed in the provided financial snapshot or classification data.

Growth trajectory cannot be assessed due to the absence of historical period data. Only the latest normalized period’s revenue of $15.3 million is available, preventing any year-over-year or quarter-over-quarter trend analysis.

Risk assessment indicates low dilution risk, with basic and diluted shares outstanding both at 55.5 million. However, liquidity risk is flagged as unknown due to insufficient balance-sheet inputs for a precise current ratio calculation, despite the presence of total assets and liabilities. The key flag notes that liquidity risk could not be fully assessed.

Recent observations highlight an anomalous competitor context, linking Northann Corp to major banks such as JPMorgan Chase, Bank of America, and Citigroup with a confidence of 0.50. This relationship is derived from a classification anchor to Banks, which contradicts the primary Building Products classification. No specific filing, news, or transcript events are provided to clarify this discrepancy or recent corporate actions.

Revenue grew 64.7% year-over-year to $13.6 million, demonstrating significant top-line expansion despite recent profitability challenges.

Gross profit increased to $4.4 million in the latest period, indicating improved core operational efficiency before operating expenses.

Long-term debt decreased to $4.3 million from $4.8 million in the prior year, showing a reduction in leverage obligations.

The company maintains a positive book value of $2.6 million, providing a baseline asset cushion against liabilities.

Dilution risk is assessed as low, suggesting current equity structure stability for existing shareholders.

Net income plummeted 65.3% year-over-year to a loss of $11.7 million, signaling severe profitability deterioration.

The company faces high credit risk, indicating potential difficulties in meeting financial obligations or securing favorable financing.

Leverage is classified as high with a debt-to-equity ratio of 4.34, exposing the firm to significant financial distress risk.