NWCN Network CN
Network CN, Inc. provides advertising and other media services. Its services include the sale of air-time for its media panels and media planning for the property. It specializes in roadside light emitting diode, digital video panels, mega-size LED digital video billboards, and light boxes in major cities. The company was founded by Chin Tong Hui on September 10, 1993 and is headquartered in Hong Kong.
Company profile
Ticker
NWCN
Exchange
Website
CEO
Chi Wah Leung
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Clear Channel Outdoor • Thryv • National Cinemedia • National CineMedia • Angi • Quotient Technology • Fluent • Travelzoo • Insignia Systems • Meet ...
Former names
ACOLA CORP, MEGACHAIN COM LTD, TEDA TRAVEL GROUP INC
SEC CIK
Corporate docs
IRS number
113177042
NWCN stock data
()
Calendar
30 Mar 21
11 Apr 21
31 Dec 21
Financial summary
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from Network CN earnings reports.
Financial report summary
?Management Discussion
- Comparison of Years Ended December 31, 2020 and 2019.
- General and Administrative Expenses. General and administrative expenses primarily consist of compensation related expenses (including salaries paid to executive and employees, rental expenses, depreciation expenses, fees for professional services, travel expenses and miscellaneous office expenses. General and administrative expenses for the year ended December 31, 2020 decreased by 6.70% to $292,490, compared to $313,476 for the year ended December 31, 2019. The decrease in general and administrative expenses was mainly due to decrease of salaries on wage subsidy granted by Hong Kong Government in 2020 for the year ended December 31, 2020.
- Gain from write-off of long aged payables – Gain from write-off of long-aged payables for the year ended December 31, 2020 was $394,522, compared to $nil for the year ended December 31, 2019. We believe the obligation for future settlement for such long-aged payables is remote and therefore wrote them off.
Content analysis
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H.S. sophomore Avg
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New words:
abandon, abandonment, Aid, arose, challenging, codified, CPA, delay, Ease, EWHL, interaction, Lockhart, Lucky, month, narrative, negotiate, Plaza, postponed, proceed, Relief, relinquish, subsidy, suffered, unrealized, wage, Wanchai, wide, yearly
Removed:
Additionally, air, assessing, attracted, began, Building, Bun, characterized, climate, commit, compete, conservatism, coverage, created, decide, decided, deferral, desirable, disregard, Distinguishing, economy, enable, enactment, enhance, entering, entrance, EPS, European, expanding, expended, expose, frame, guarantee, hampered, Hoi, indefinite, indexed, intense, internet, Kowloon, Kwun, lease, leasing, locate, lose, mandatorily, navigational, noncontrolling, nonpublic, offset, panel, prefer, prevailed, prolonged, receivable, reclassify, recovery, redeemable, remeasure, Replacement, revival, round, sector, simplify, slowdown, smooth, sovereign, spending, step, strength, strictly, struggle, Tong, traditional, transport, turmoil, TV, world
Financial reports
10-K
2020 FY
Annual report
30 Mar 21
10-Q
2020 Q3
Quarterly report
16 Nov 20
10-Q
2020 Q2
Quarterly report
14 Aug 20
10-Q
2020 Q1
Quarterly report
14 May 20
10-K
2019 FY
Annual report
30 Mar 20
10-Q
2019 Q3
Quarterly report
14 Nov 19
10-Q
2019 Q2
Quarterly report
14 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
10-K
2018 FY
Annual report
1 Apr 19
10-Q
2018 Q3
Quarterly report
14 Nov 18
Current reports
8-K
Entry into a Material Definitive Agreement
28 Jul 20
8-K/A
Entry into a Material Definitive Agreement
19 May 20
8-K
Entry into a Material Definitive Agreement
23 Jan 20
8-K
Entry into a Material Definitive Agreement
9 May 18
8-K
Entry into a Material Definitive Agreement
19 Mar 18
8-K
Departure of Directors or Certain Officers
4 Jul 17
8-K
Departure of Directors or Certain Officers
27 Aug 15
8-K
Amendments to Articles of Incorporation or Bylaws
10 Aug 15
8-K
Departure of Directors or Certain Officers
22 Feb 15
8-K
Departure of Directors or Certain Officers
27 Nov 14
Registration and prospectus
S-8
Registration of securities for employees
15 Jan 14
S-8
Registration of securities for employees
11 Oct 12
S-8
Registration of securities for employees
29 Jul 10
S-8
Registration of securities for employees
5 Apr 07
RW
Registration withdrawal request
27 Feb 07
SB-2
Registration of securities for small business issuer
30 Jul 06
REGDEX
Notice of sale of securities
2 Apr 06
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 04
S-8
Registration of securities for employees
19 Apr 04
S-8
Registration of securities for employees
9 Jan 03
Proxies
DEF 14C
Information statement
26 May 20
PRE 14C
Preliminary information
13 May 20
DEF 14C
Information statement
9 Sep 15
PRE 14C
Preliminary information
27 Aug 15
DEF 14C
Information statement
3 May 15
PRE 14C
Preliminary information
21 Apr 15
DEF 14C
Information statement
17 Feb 15
DEF 14C
Information statement
12 Sep 13
PRE 14C
Preliminary information
29 Aug 13
DEF 14C
Information statement
6 Jan 13
Other
UPLOAD
Letter from SEC
27 Mar 11
CORRESP
Correspondence with SEC
8 Mar 11
UPLOAD
Letter from SEC
22 Feb 11
UPLOAD
Letter from SEC
23 Jan 11
UPLOAD
Letter from SEC
29 Dec 10
UPLOAD
Letter from SEC
8 Dec 08
CORRESP
Correspondence with SEC
17 Nov 08
UPLOAD
Letter from SEC
11 Nov 08
CORRESP
Correspondence with SEC
21 Oct 08
UPLOAD
Letter from SEC
17 Sep 08
Ownership
3
NETWORK CN / WING KONG WONG ownership change
12 Apr 17
3
NETWORK CN / Sze Ki Shirley CHENG ownership change
12 Apr 17
3
NETWORK CN / Frederick WONG ownership change
12 Apr 17
4
NETWORK CN / CHI WAH LEUNG ownership change
12 Apr 17
SC 13G/A
Network CN Inc
15 Feb 16
SC 13G/A
Network CN Inc
16 Feb 15
SC 13G/A
Network CN Inc
4 Sep 14
SC 13D
NETWORK CN / HUI GODFREY CHIN TONG ownership change
26 Dec 10