Helix Acquisition Corp. II Class A Ordinary Shares (HLXB) - Net Assets
Based on the latest financial reports, Helix Acquisition Corp. II Class A Ordinary Shares (HLXB) has net assets worth $189.24 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($197.39 Million) and total liabilities ($8.15 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. Read Helix Acquisition Corp. II Class A Ordin (HLXB) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $189.24 Million |
| % of Total Assets | 95.87% |
| Annual Growth Rate | 3499.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Helix Acquisition Corp. II Class A Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how Helix Acquisition Corp. II Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore Helix Acquisition Corp. II Class A Ordin asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Helix Acquisition Corp. II Class A Ordinary Shares (2020–2024)
The table below shows the annual net assets of Helix Acquisition Corp. II Class A Ordinary Shares from 2020 to 2024. For live valuation and market cap data, see market cap of Helix Acquisition Corp. II Class A Ordin.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $188.72 Million | +296969.04% |
| 2023-12-31 | $-63.57K | -190.57% |
| 2022-12-31 | $-21.88K | -19.18% |
| 2021-12-31 | $-18.36K | -16420.23% |
| 2020-12-31 | $112.48 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Helix Acquisition Corp. II Class A Ordinary Shares'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 373312100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $192.45 Million | 101.98% |
| Total Equity | $188.72 Million | 100.00% |
Helix Acquisition Corp. II Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Helix Acquisition Corp. II Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Associated Alcohols & Breweries Ltd.
NSE:ASALCBR
|
$182.53 Million |
|
Draganfly Inc
NASDAQ:DPRO
|
$182.54 Million |
|
Sparebank 1 Nordvest
OL:SNOR
|
$182.57 Million |
|
Proficient Auto Logistics, Inc. Common Stock
NASDAQ:PAL
|
$182.60 Million |
|
Crawford & Company
NYSE:CRD-B
|
$182.26 Million |
|
Plby Group Inc
NASDAQ:PLBY
|
$182.17 Million |
|
Neo Technical System Co. Ltd
KQ:085910
|
$182.05 Million |
|
Sunjuice Holdings Co Ltd
TW:1256
|
$182.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Helix Acquisition Corp. II Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -63,569 to 188,716,681, a change of 188,780,250.
- Net income of 7,600,000 contributed positively to equity growth.
- New share issuances of 187,250,000 increased equity.
- Other factors decreased equity by 6,069,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.60 Million | +4.03% |
| Share Issuances | $187.25 Million | +99.22% |
| Other Changes | $-6.07 Million | -3.22% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Helix Acquisition Corp. II Class A Ordinary Shares'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: 0.85x
- 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 1.27x to 0.85x 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 | $7.60 | $9.65 | x |
| 2021-12-31 | $0.00 | $9.65 | x |
| 2022-12-31 | $0.00 | $9.65 | x |
| 2023-12-31 | $0.00 | $9.65 | x |
| 2024-12-31 | $11.34 | $9.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Helix Acquisition Corp. II Class A Ordinary Shares 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): 4.03%
- 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: 1.03x
- Recent ROE (4.03%) is above the historical average (0.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.08% | 0.00% | 0.00x | 0.00x | $-11.34 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.52K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.33K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.34K |
| 2024 | 4.03% | 0.00% | 0.00x | 1.03x | $-11.27 Million |
Industry Comparison
This section compares Helix Acquisition Corp. II Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $114,537,022
- Average return on equity (ROE) among peers: 3.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Helix Acquisition Corp. II Class A Ordinary Shares (HLXB) | $189.24 Million | -0.08% | 0.04x | $182.47 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $214.29 Million | 0.06% | 0.07x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $952.33 Million | 0.00% | 0.06x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $-468.10 Million | 0.00% | 0.00x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $4.84 Million | 51.14% | 2.71x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.74 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $72.31 Million | 3.53% | 0.02x | $163.82 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 |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $41.25K | -21.21% | 8.88x | $49.57 Million |
About Helix Acquisition Corp. II Class A Ordinary Shares
Helix Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Boston, Massachusetts.