HCM II Acquisition Corp (HOND) - Net Assets
Based on the latest financial reports, HCM II Acquisition Corp (HOND) has net assets worth $228.11 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($243.10 Million) and total liabilities ($15.00 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 total liabilities of HCM II Acquisition Corp for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $228.11 Million |
| % of Total Assets | 93.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
HCM II Acquisition Corp - Net Assets Trend (2024–2024)
This chart illustrates how HCM II Acquisition Corp's net assets have evolved over time, based on quarterly financial data. Also explore HCM II Acquisition Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for HCM II Acquisition Corp (2024–2024)
The table below shows the annual net assets of HCM II Acquisition Corp from 2024 to 2024. For live valuation and market cap data, see HCM II Acquisition Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $224.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HCM II Acquisition Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- No equity composition insights available.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $235.19 Million | 104.58% |
| Total Equity | $224.89 Million | 100.00% |
HCM II Acquisition Corp Competitors by Market Cap
The table below lists competitors of HCM II Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangshen Railway Company Limited
F:GRCH
|
$414.99 Million |
|
Mirrabooka Investments Ltd
AU:MIR
|
$414.99 Million |
|
Lindex Group
HE:LINDEX
|
$415.21 Million |
|
Electrovaya Inc.
NASDAQ:ELVA
|
$415.35 Million |
|
Pinlive Foods Co Ltd
SHE:300892
|
$414.85 Million |
|
Yang Guang Co Ltd
SHE:000608
|
$414.80 Million |
|
Neumora Therapeutics, Inc.
NASDAQ:NMRA
|
$414.65 Million |
|
Eaton Vance Municipal Income Closed Fund
NYSE:EVN
|
$414.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HCM II Acquisition Corp's equity between the two most recent reporting periods.
Insufficient data available to analyze equity growth attribution.
Book Value vs Market Value Analysis
This analysis compares HCM II 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: 0.91x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2024-12-31 | $19.77 | $18.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HCM II 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): 1.52%
- 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: 1.05x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 1.52% | 0.00% | 0.00x | 1.05x | $-19.08 Million |
Industry Comparison
This section compares HCM II Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $17,406,987
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HCM II Acquisition Corp (HOND) | $228.11 Million | 1.52% | 0.07x | $414.92 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $-435.70 Million | 0.00% | 0.00x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $227.84 Million | 5.64% | 0.04x | $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) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $41.25K | -0.54% | 28.48x | $49.57 Million |
About HCM II Acquisition Corp
HCM II Acquisition Corp. does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2024 and is based in Stamford, Connecticut.