Distoken Acquisition Corporation Warrant
Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. It intends to focus on businesses in the technology industry that operates in Asia. The company was incorporated in 2020 and is ba… Read more
Distoken Acquisition Corporation Warrant (DISTW) - Net Assets
Latest net assets as of June 2024: $40.60 Million USD
Based on the latest financial reports, Distoken Acquisition Corporation Warrant (DISTW) has net assets worth $40.60 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.79 Million) and total liabilities ($2.20 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $40.60 Million |
| % of Total Assets | 94.87% |
| Annual Growth Rate | 1211.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 119852.86 |
Distoken Acquisition Corporation Warrant - Net Assets Trend (2020–2023)
This chart illustrates how Distoken Acquisition Corporation Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Distoken Acquisition Corporation Warrant (2020–2023)
The table below shows the annual net assets of Distoken Acquisition Corporation Warrant from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $40.69 Million | +254240.43% |
| 2022-12-31 | $16.00K | -11.87% |
| 2021-12-31 | $18.16K | +0.10% |
| 2020-12-31 | $18.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Distoken Acquisition Corporation Warrant'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 5732700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $40.76 Million | 100.16% |
| Total Equity | $40.69 Million | 100.00% |
Distoken Acquisition Corporation Warrant Competitors by Market Cap
The table below lists competitors of Distoken Acquisition Corporation Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LBC Express Holdings Inc
PSE:LBC
|
$1.15K |
|
JS Global Banking
KAR:JSGBETF
|
$1.15K |
|
Ovid Works Sa
WAR:OVI
|
$1.15K |
|
El Nasr Clothes & Textiles (Kabo)
EGX:KABO
|
$1.16K |
|
CNTRD
OTCQB:CNTRD
|
$1.15K |
|
GOODBABY INTL
BE:GBH
|
$1.15K |
|
QUBICGAMES S.A. ZY -10
F:QA7
|
$1.15K |
|
Nutrition Profess Public Company Limited
BK:NUT
|
$1.15K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Distoken Acquisition Corporation Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,000 to 40,694,468, a change of 40,678,468 (254240.4%).
- Net income of 1,304,731 contributed positively to equity growth.
- Share repurchases of 31,907,588 reduced equity.
- New share issuances of 72,380,000 increased equity.
- Other factors decreased equity by 1,098,675.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.30 Million | +3.21% |
| Share Repurchases | $31.91 Million | -78.41% |
| Share Issuances | $72.38 Million | +177.86% |
| Other Changes | $-1.10 Million | -2.7% |
| Total Change | $- | 254240.43% |
Book Value vs Market Value Analysis
This analysis compares Distoken Acquisition Corporation Warrant'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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 62.51x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.12 | x |
| 2021-12-31 | $0.00 | $0.12 | x |
| 2022-12-31 | $0.00 | $0.12 | x |
| 2023-12-31 | $6.33 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Distoken Acquisition Corporation Warrant 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): 3.21%
- 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: 1.02x
- Recent ROE (3.21%) is above the historical average (-5.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -13.47% | 0.00% | 0.00x | 42.55x | $-3.75K |
| 2023 | 3.21% | 0.00% | 0.00x | 1.02x | $-2.76 Million |
Industry Comparison
This section compares Distoken Acquisition Corporation Warrant's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Distoken Acquisition Corporation Warrant (DISTW) | $40.60 Million | -13.47% | 0.05x | $1.15K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |