Global Blockchain Acquisition Corp. Warrant
Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies. The company was incorporate… Read more
Global Blockchain Acquisition Corp. Warrant (GBBKW) - Net Assets
Latest net assets as of September 2024: $5.66 Million USD
Based on the latest financial reports, Global Blockchain Acquisition Corp. Warrant (GBBKW) has net assets worth $5.66 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.60 Million) and total liabilities ($2.94 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 | $5.66 Million |
| % of Total Assets | 65.82% |
| Annual Growth Rate | 3608.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 496187.37 |
Global Blockchain Acquisition Corp. Warrant - Net Assets Trend (2021–2023)
This chart illustrates how Global Blockchain Acquisition Corp. 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 Global Blockchain Acquisition Corp. Warrant (2021–2023)
The table below shows the annual net assets of Global Blockchain Acquisition Corp. Warrant from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $24.57 Million | -86.21% |
| 2022-12-31 | $178.15 Million | +992288.54% |
| 2021-12-31 | $17.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Blockchain Acquisition Corp. 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 156338700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.14 Million | 106.39% |
| Total Equity | $24.57 Million | 100.00% |
Global Blockchain Acquisition Corp. Warrant Competitors by Market Cap
The table below lists competitors of Global Blockchain Acquisition Corp. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BGI Group JSC
VN:VC7
|
$3.07K |
|
Fluoropharma Medical
PINK:FPMI
|
$3.07K |
|
Pakistan Aluminium Beverage Cans Ltd
KAR:PABC
|
$3.07K |
|
VINACONEX MEC
VN:VCM
|
$3.07K |
|
RHT HOLDING LTD
SEM:RHT
|
$3.06K |
|
RENEWABLE VENTURES NORDIC
F:X72
|
$3.06K |
|
267080
KO:267080
|
$3.06K |
|
Wolf Energy Services Inc.
PINK:WOEN
|
$3.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Blockchain Acquisition Corp. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 178,153,591 to 24,572,422, a change of -153,581,169 (-86.2%).
- Net income of 3,167,019 contributed positively to equity growth.
- Share repurchases of 155,196,226 reduced equity.
- Other factors decreased equity by 1,551,962.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.17 Million | +12.89% |
| Share Repurchases | $155.20 Million | -631.59% |
| Other Changes | $-1.55 Million | -6.32% |
| Total Change | $- | -86.21% |
Book Value vs Market Value Analysis
This analysis compares Global Blockchain Acquisition Corp. 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: 0.00x
- 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 2.88x to 0.00x 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 | $0.00 | x |
| 2022-12-31 | $8.09 | $0.00 | x |
| 2023-12-31 | $1.27 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Blockchain Acquisition Corp. 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): 12.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (12.89%) is above the historical average (-8.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -39.26% | 0.00% | 0.00x | 31.99x | $-8.84K |
| 2022 | 0.69% | 0.00% | 0.00x | 1.00x | $-16.58 Million |
| 2023 | 12.89% | 0.00% | 0.00x | 1.09x | $709.78K |
Industry Comparison
This section compares Global Blockchain Acquisition Corp. Warrant's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-48,301,338
- Average return on equity (ROE) among peers: -1.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Blockchain Acquisition Corp. Warrant (GBBKW) | $5.66 Million | -39.26% | 0.52x | $3.06K |
| 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) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-468.10 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $-5.96 Million | 0.00% | 0.00x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-304.95K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-675.40K | 0.00% | 0.00x | $14.42K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $3.99K | -1.81% | 9.57x | $3.15K |