Horizon Space Acquisition II Corp. Ordinary share
Horizon Space Acquisition II Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2023 and is based in New York, New York.
Horizon Space Acquisition II Corp. Ordinary share (HSPT) - Net Assets
Latest net assets as of September 2025: $71.10 Million USD
Based on the latest financial reports, Horizon Space Acquisition II Corp. Ordinary share (HSPT) has net assets worth $71.10 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 ($71.66 Million) and total liabilities ($558.75K). 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 | $71.10 Million |
| % of Total Assets | 99.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Horizon Space Acquisition II Corp. Ordinary share - Net Assets Trend (2023–2024)
This chart illustrates how Horizon Space Acquisition II Corp. Ordinary share's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Horizon Space Acquisition II Corp. Ordinary share (2023–2024)
The table below shows the annual net assets of Horizon Space Acquisition II Corp. Ordinary share from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $69.80 Million | +1640415.04% |
| 2023-12-31 | $-4.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Horizon Space Acquisition II Corp. Ordinary share'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 grown by 14287700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $138.62K | 0.20% |
| Common Stock | $69.34 Million | 99.35% |
| Other Components | $312.04K | 0.45% |
| Total Equity | $69.80 Million | 100.00% |
Horizon Space Acquisition II Corp. Ordinary share Competitors by Market Cap
The table below lists competitors of Horizon Space Acquisition II Corp. Ordinary share ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GUMI INC.
F:1G9
|
$46.34 Million |
|
NIGHTINGALE HEALTH EO 1
F:7XE
|
$46.34 Million |
|
Loncor Gold Inc
OTCQX:LONCF
|
$46.34 Million |
|
Nusatrip Incorporated Common Stock
NASDAQ:NUTR
|
$46.35 Million |
|
Windsor Machines Limited
NSE:WINDMACHIN
|
$46.31 Million |
|
Airnet Technology Inc
NASDAQ:ANTE
|
$46.30 Million |
|
Universal Electronics Inc
NASDAQ:UEIC
|
$46.30 Million |
|
Hankook Cosmet
KO:123690
|
$46.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Horizon Space Acquisition II Corp. Ordinary share's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,255 to 69,795,405, a change of 69,799,660.
- Net income of 142,877 contributed positively to equity growth.
- Dividend payments of 344,530 reduced retained earnings.
- New share issuances of 70,100,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $142.88K | +0.2% |
| Dividends Paid | $344.53K | -0.49% |
| Share Issuances | $70.10 Million | +100.44% |
| Other Changes | $-98.69K | -0.14% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Horizon Space Acquisition II Corp. Ordinary share'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: 0.96x
- 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 |
|---|---|---|---|
| 2023-12-31 | $0.00 | $8.25 | x |
| 2024-12-31 | $8.58 | $8.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Horizon Space Acquisition II Corp. Ordinary share 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): 0.20%
- 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: 1.00x
- Recent ROE (0.20%) is above the historical average (0.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.83K |
| 2024 | 0.20% | 0.00% | 0.00x | 1.00x | $-6.84 Million |
Industry Comparison
This section compares Horizon Space Acquisition II Corp. Ordinary share'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 |
|---|---|---|---|---|
| Horizon Space Acquisition II Corp. Ordinary share (HSPT) | $71.10 Million | 0.00% | 0.01x | $46.31 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 |