Broad Capital Acquisition Corp (BRAC) - Net Assets
Based on the latest financial reports, Broad Capital Acquisition Corp (BRAC) has net assets worth $7.22 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.52 Million) and total liabilities ($13.30 Million). 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. Check BRAC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.22 Million |
| % of Total Assets | 35.17% |
| Annual Growth Rate | 5.38% |
| 5-Year Change | 44.35% |
| 10-Year Change | N/A |
| Growth Volatility | 812775.72 |
Broad Capital Acquisition Corp - Net Assets Trend (2017–2024)
This chart illustrates how Broad Capital Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Broad Capital Acquisition Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Broad Capital Acquisition Corp (2017–2024)
The table below shows the annual net assets of Broad Capital Acquisition Corp from 2017 to 2024. For live valuation and market cap data, see BRAC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.22 Million | -82.11% |
| 2023-12-31 | $40.35 Million | -59.51% |
| 2022-12-31 | $99.67 Million | +2031878.92% |
| 2021-12-31 | $4.91K | -99.90% |
| 2018-12-31 | $5.00 Million | 0.00% |
| 2017-12-31 | $5.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Broad Capital Acquisition Corp'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 13640.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.83 Million | 274.76% |
| Other Components | $3.00 | 0.00% |
| Total Equity | $7.22 Million | 100.00% |
Broad Capital Acquisition Corp Competitors by Market Cap
The table below lists competitors of Broad Capital Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Context Therapeutics Inc
NASDAQ:CNTX
|
$55.13 Million |
|
AML3D Ltd
AU:AL3
|
$55.13 Million |
|
Innox Corporation
KQ:088390
|
$55.13 Million |
|
AmFIRST Real Estate Investment Trust
KLSE:5120
|
$55.15 Million |
|
CSL Finance Limited
NSE:CSLFINANCE
|
$55.06 Million |
|
Bukit Darmo Property Tbk
JK:BKDP
|
$55.04 Million |
|
Minupar Participações S.A
SA:MNPR3
|
$55.03 Million |
|
Entera Bio Ltd
NASDAQ:ENTX
|
$55.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Broad Capital Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,354,476 to 7,217,608, a change of -33,136,868 (-82.1%).
- Net loss of 1,123,000 reduced equity.
- Share repurchases of 31,187,408 reduced equity.
- Other factors decreased equity by 826,460.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.12 Million | -15.56% |
| Share Repurchases | $31.19 Million | -432.1% |
| Other Changes | $-826.46K | -11.45% |
| Total Change | $- | -82.11% |
Book Value vs Market Value Analysis
This analysis compares Broad Capital Acquisition Corp'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: 7.71x
- 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 decreased from 31366.89x to 7.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $11.70 | x |
| 2022-12-31 | $7.67 | $11.70 | x |
| 2023-12-31 | $4.72 | $11.70 | x |
| 2024-12-31 | $1.52 | $11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Broad Capital Acquisition Corp 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): -15.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.84x
- Recent ROE (-15.56%) is above the historical average (-66.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.79% | 0.00% | 0.00x | 27.89x | $-360.28K |
| 2018 | 22.82% | 0.00% | 0.00x | 28.29x | $641.20K |
| 2021 | -409.68% | 0.00% | 0.00x | 59.08x | $-20.59K |
| 2022 | -0.44% | -28.75% | 0.01x | 1.05x | $-10.40 Million |
| 2023 | -1.27% | 0.00% | 0.00x | 1.26x | $-4.55 Million |
| 2024 | -15.56% | 0.00% | 0.00x | 2.84x | $-1.84 Million |
Industry Comparison
This section compares Broad Capital Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $173,103,317
- Average return on equity (ROE) among peers: 3.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Broad Capital Acquisition Corp (BRAC) | $7.22 Million | 2.79% | 1.84x | $55.09 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $232.84 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $268.87 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $534.70 Million | 21.49% | 3.04x | $420.70K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $236.21 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $390.09 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $8.04 Million | 13.18% | 0.51x | $107.66 Million |
| Aifeex Nexus Acquisition Corporation (AIFE) | $86.16 Million | -0.10% | 0.01x | $91.13 Million |
| AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) | $60.04 Million | -0.06% | 0.02x | $86.22 Million |
About Broad Capital Acquisition Corp
Broad Capital Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.