Global Partner Acquisition II Corp
Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Global Partner Acquisition Corp II is a subsidiary of Global Partner Sponsor II LLC.
Global Partner Acquisition II Corp (GPAC) - Net Assets
Latest net assets as of March 2024: $-1.20 Million USD
Based on the latest financial reports, Global Partner Acquisition II Corp (GPAC) has net assets worth $-1.20 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.33 Million) and total liabilities ($21.53 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 | $-1.20 Million |
| % of Total Assets | -5.88% |
| Annual Growth Rate | 979.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 647852.62 |
Global Partner Acquisition II Corp - Net Assets Trend (2020–2023)
This chart illustrates how Global Partner Acquisition II Corp'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 Partner Acquisition II Corp (2020–2023)
The table below shows the annual net assets of Global Partner Acquisition II Corp from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $25.03 Million | -91.37% |
| 2022-12-31 | $289.94 Million | +5.48% |
| 2021-12-31 | $274.87 Million | +1374260.00% |
| 2020-12-31 | $20.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Partner Acquisition II 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 1866900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $43.70 Million | 174.60% |
| Total Equity | $25.03 Million | 100.00% |
Global Partner Acquisition II Corp Competitors by Market Cap
The table below lists competitors of Global Partner Acquisition II Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verrica Pharmaceuticals Inc
NASDAQ:VRCA
|
$19.83 Million |
|
Vbt Yazilim AS
IS:VBTYZ
|
$19.84 Million |
|
Incheon City G
KO:034590
|
$19.85 Million |
|
Fitzroy Minerals Inc
OTCQB:FTZFF
|
$19.85 Million |
|
Tryptamine Therapeutics Ltd
AU:TYP
|
$19.83 Million |
|
199480
KQ:199480
|
$19.83 Million |
|
Lippo Malls Indonesia Retail Trust
PINK:LPMDF
|
$19.83 Million |
|
Grand Hall Enterprise Co Ltd
TWO:8941
|
$19.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Partner Acquisition II Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 289,941,000 to 25,031,000, a change of -264,910,000 (-91.4%).
- Net income of 139,000 contributed positively to equity growth.
- Share repurchases of 265,050,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $139.00K | +0.56% |
| Share Repurchases | $265.05 Million | -1058.89% |
| Other Changes | $1.00K | +0.0% |
| Total Change | $- | -91.37% |
Book Value vs Market Value Analysis
This analysis compares Global Partner Acquisition II 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: 5.39x
- 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 4144.54x to 5.39x 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 | $11.05 | x |
| 2021-12-31 | $7.33 | $11.05 | x |
| 2022-12-31 | $7.73 | $11.05 | x |
| 2023-12-31 | $2.05 | $11.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Partner Acquisition II 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): 0.56%
- 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: 1.75x
- Recent ROE (0.56%) is above the historical average (-34.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -150.00% | 0.00% | 0.00x | 11.25x | $-32.00K |
| 2021 | 1.71% | 0.00% | 0.00x | 1.10x | $-22.78 Million |
| 2022 | 11.08% | 0.00% | 0.00x | 1.05x | $3.13 Million |
| 2023 | 0.56% | 0.00% | 0.00x | 1.75x | $-2.36 Million |
Industry Comparison
This section compares Global Partner Acquisition II Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $44,046,372
- Average return on equity (ROE) among peers: -0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Partner Acquisition II Corp (GPAC) | $-1.20 Million | -150.00% | N/A | $19.83 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.76 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) | $-468.10 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $-13.32 Million | 0.00% | 0.00x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-246.02K | 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) | $-181.19K | 0.00% | 0.00x | $14.44K |
| ACRO Biomedical Co Ltd (ACBM) | $-312.85K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-79.47K | 0.00% | 0.00x | $3.15K |