tiprankstipranks
Asia Green Biotechnology Corp. (TSE:ASIA)
:ASIA
Canadian Market

Asia Green Biotechnology Corp. (ASIA) AI Stock Analysis

Compare
7 Followers

Top Page

TS

Asia Green Biotechnology Corp.

(ASIA)

31Underperform
The overall stock score is significantly impacted by the poor financial performance due to severe financial distress, lack of revenue, and high operational losses. The stable technical indicators suggest no immediate market trend, and the negative P/E ratio raises valuation concerns. The absence of earnings call and corporate events data means these factors have no significant influence on the score.

Asia Green Biotechnology Corp. (ASIA) vs. S&P 500 (SPY)

Asia Green Biotechnology Corp. Business Overview & Revenue Model

Company DescriptionAsia Green Biotechnology Corp. (ASIA) is a biotechnology company focused on the development and commercialization of plant-based technologies and products. The company primarily operates in the agricultural sector, offering innovative solutions tailored towards crop enhancements and sustainable agriculture practices. ASIA's core products include genetically modified crops, biopesticides, and biofertilizers that aim to increase crop yields, improve plant resistance to diseases, and reduce the ecological footprint of agricultural practices.
How the Company Makes MoneyAsia Green Biotechnology Corp. makes money through the sale of its biotech agricultural products, including genetically modified seeds, biopesticides, and biofertilizers to farmers and agricultural companies. The company also generates revenue by licensing its proprietary biotechnology innovations to other agricultural firms and entering into strategic partnerships for research and development. Additionally, ASIA may receive government grants and subsidies aimed at promoting sustainable agricultural practices, which can contribute to its earnings.

Asia Green Biotechnology Corp. Financial Statement Overview

Summary
Asia Green Biotechnology Corp. is experiencing severe financial distress with no revenue, high losses, negative equity, and significant cash outflows. The firm’s financials highlight substantial operational and financial challenges, with no current pathway to profitability or growth evident from the data.
Income Statement
10
Very Negative
The company has reported no revenue over the assessed periods, leading to negative net income and EBIT margins. This indicates a lack of revenue generation ability or early-stage operations. The firm's profitability margins are negative, reflecting ongoing losses and operational challenges.
Balance Sheet
15
Very Negative
The balance sheet is currently weak, with negative stockholders' equity suggesting liabilities exceed assets, indicating financial instability. The debt levels are high compared to equity, which implies significant leverage and potential solvency risks.
Cash Flow
20
Very Negative
Cash flows are consistently negative, with significant operating cash outflows and no positive free cash flow, signaling cash burn and potential liquidity issues. The company has financed operations through debt and equity but lacks operational cash generation.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.000.000.00
EBIT
-241.51K-144.74K-179.21K-523.24K-552.83K-687.18K
EBITDA
-279.97K23.16K0.00-523.24K-552.83K-687.18K
Net Income Common Stockholders
-350.41K-221.17K-198.31K-525.80K-552.83K-807.18K
Balance SheetCash, Cash Equivalents and Short-Term Investments
484.15K1.31K12.40K67.27K381.15K1.02M
Total Assets
554.12K65.34K68.18K116.30K441.38K1.05M
Total Debt
0.00237.41K225.00K150.00K0.000.00
Net Debt
-484.15K236.09K212.60K82.73K-381.15K-1.02M
Total Liabilities
130.01K527.31K343.28K193.09K28.33K88.95K
Stockholders Equity
424.11K-461.98K-275.10K-76.79K413.05K965.88K
Cash FlowFree Cash Flow
-2.25K-36.09K-129.87K-463.88K-640.78K-670.67K
Operating Cash Flow
-2.25K-36.09K-129.87K-463.88K-640.78K-670.67K
Investing Cash Flow
0.000.000.000.000.000.00
Financing Cash Flow
0.0025.00K75.00K150.00K0.001.21M

Asia Green Biotechnology Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (48)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
48
Neutral
$6.86B1.11-51.04%2.47%16.66%1.53%
36
Underperform
$257.15M-84.50%-16.27%76.17%
31
Underperform
C$543.71K
-162.16%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ASIA
Asia Green Biotechnology Corp.
0.02
0.00
0.00%
TSE:WEED
Canopy Growth
1.46
-9.86
-87.10%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.