HCM II Acquisition Corp. Unit
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.
HCM II Acquisition Corp. Unit (HONDU) - Net Assets
Latest net assets as of September 2025: $228.11 Million USD
Based on the latest financial reports, HCM II Acquisition Corp. Unit (HONDU) 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $228.11 Million |
| % of Total Assets | 93.83% |
| Annual Growth Rate | 2798.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1528304.72 |
HCM II Acquisition Corp. Unit - Net Assets Trend (2021–2024)
This chart illustrates how HCM II Acquisition Corp. Unit's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HCM II Acquisition Corp. Unit (2021–2024)
The table below shows the annual net assets of HCM II Acquisition Corp. Unit from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $224.89 Million | -20.15% |
| 2022-12-31 | $281.64 Million | +3056589.29% |
| 2021-12-31 | $9.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HCM II Acquisition Corp. Unit'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 1029060000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
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. Unit Competitors by Market Cap
The table below lists competitors of HCM II Acquisition Corp. Unit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kirloskar Brothers Limited
NSE:KIRLOSBROS
|
$442.13 Million |
|
LAMDA DEVELOPM. NA EO-30
F:LDQ
|
$442.15 Million |
|
Merida Industry Co Ltd
TW:9914
|
$442.17 Million |
|
LANXESS Aktiengesellschaft
PINK:LNXSY
|
$442.21 Million |
|
Sinon Corp
TW:1712
|
$442.00 Million |
|
Intrepid Potash Inc
NYSE:IPI
|
$441.92 Million |
|
Gloria Material Technology
TWO:5009
|
$441.84 Million |
|
Long Yuan Construction Group Co Ltd
SHG:600491
|
$441.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HCM II Acquisition Corp. Unit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 281,643,351 to 224,887,774, a change of -56,755,577 (-20.2%).
- Net income of 3,408,788 contributed positively to equity growth.
- Other factors decreased equity by 60,164,365.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.41 Million | +1.52% |
| Other Changes | $-60.16 Million | -26.75% |
| Total Change | $- | -20.15% |
Book Value vs Market Value Analysis
This analysis compares HCM II Acquisition Corp. Unit'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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 88459.14x to 1.06x 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 | $21.00 | x |
| 2022-12-31 | $10516.54 | $21.00 | x |
| 2024-12-31 | $19.77 | $21.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HCM II Acquisition Corp. Unit 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
- Recent ROE (1.52%) is above the historical average (-54.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -171.33% | 0.00% | 0.00x | 37.12x | $-16.71K |
| 2022 | 5.25% | 0.00% | 0.00x | 1.06x | $-13.38 Million |
| 2024 | 1.52% | 0.00% | 0.00x | 1.05x | $-19.08 Million |
Industry Comparison
This section compares HCM II Acquisition Corp. Unit'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 |
|---|---|---|---|---|
| HCM II Acquisition Corp. Unit (HONDU) | $228.11 Million | -171.33% | 0.07x | $442.05 Million |
| 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 |