New Century AIM VCT 2 PLC
New Century AIM VCT 2 PLC is a venture capital trust specializing in investments in unlisted companies and qualifying companies primarily quoted on AIM. It invests in United Kingdom.
New Century AIM VCT 2 PLC (OVCT) - Net Assets
Latest net assets as of June 2025: GBX1.93 Million GBX
Based on the latest financial reports, New Century AIM VCT 2 PLC (OVCT) has net assets worth GBX1.93 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.95 Million) and total liabilities (GBX22.00K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.93 Million |
| % of Total Assets | 98.87% |
| Annual Growth Rate | -17.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.83 |
New Century AIM VCT 2 PLC - Net Assets Trend (2020–2024)
This chart illustrates how New Century AIM VCT 2 PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Century AIM VCT 2 PLC (2020–2024)
The table below shows the annual net assets of New Century AIM VCT 2 PLC from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.44 Million | -34.84% |
| 2023-12-31 | GBX2.21 Million | -8.54% |
| 2022-12-31 | GBX2.41 Million | -37.16% |
| 2021-12-31 | GBX3.84 Million | +24.27% |
| 2020-12-31 | GBX3.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Century AIM VCT 2 PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX557.00K | 38.73% |
| Other Components | GBX881.00K | 61.27% |
| Total Equity | GBX1.44 Million | 100.00% |
New Century AIM VCT 2 PLC Competitors by Market Cap
The table below lists competitors of New Century AIM VCT 2 PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PickleJar Entertainment Group, Inc.
PINK:PKLE
|
$28.82 |
|
Pegasus Tel Inc
PINK:PTEL
|
$28.88 |
|
BHPA Inc
PINK:BHPA
|
$28.97 |
|
ANGLESEY MIN (4A0.SG)
STU:4A0
|
$29.02 |
|
EAGLE HIGH PLANT (7B7.SG)
STU:7B7
|
$28.57 |
|
XIWANG PROPERTY (XSA.SG)
STU:XSA
|
$28.42 |
|
Pyramidion Technology Group Inc
PINK:NXGB
|
$28.35 |
|
TOCCA Life Holdings Inc
PINK:TLIF
|
$28.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Century AIM VCT 2 PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,207,000 to 1,438,000, a change of -769,000 (-34.8%).
- Net loss of 630,000 reduced equity.
- Dividend payments of 139,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-630.00K | -43.81% |
| Dividends Paid | GBX139.00K | -9.67% |
| Total Change | GBX- | -34.84% |
Book Value vs Market Value Analysis
This analysis compares New Century AIM VCT 2 PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 99.63x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 38.32x to 99.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | GBX0.67 | GBX25.70 | x |
| 2021-12-31 | GBX0.83 | GBX25.70 | x |
| 2022-12-31 | GBX0.48 | GBX25.70 | x |
| 2023-12-31 | GBX0.41 | GBX25.70 | x |
| 2024-12-31 | GBX0.26 | GBX25.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Century AIM VCT 2 PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -43.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.36x
- • Equity Multiplier: 1.02x
- Recent ROE (-43.81%) is below the historical average (-13.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 26.15% | 309.58% | 0.08x | 1.01x | GBX499.00K |
| 2021 | 27.94% | 235.82% | 0.12x | 1.00x | GBX689.00K |
| 2022 | -66.10% | -6380.00% | 0.01x | 1.05x | GBX-1.84 Million |
| 2023 | -12.78% | -162.07% | 0.08x | 1.01x | GBX-502.70K |
| 2024 | -43.81% | 0.00% | -0.36x | 1.02x | GBX-773.80K |
Industry Comparison
This section compares New Century AIM VCT 2 PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Century AIM VCT 2 PLC (OVCT) | GBX1.93 Million | 26.15% | 0.01x | $28.60 |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |