Inception Growth Acquisition Ltd
Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors. … Read more
Inception Growth Acquisition Ltd (IGTA) - Net Assets
Latest net assets as of September 2025: $-4.89 Million USD
Based on the latest financial reports, Inception Growth Acquisition Ltd (IGTA) has net assets worth $-4.89 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 ($2.27 Million) and total liabilities ($7.15 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.89 Million |
| % of Total Assets | -215.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.91 |
Inception Growth Acquisition Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Inception Growth Acquisition Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Inception Growth Acquisition Ltd (2021–2024)
The table below shows the annual net assets of Inception Growth Acquisition Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.77 Million | -109.95% |
| 2023-12-31 | $27.82 Million | -73.17% |
| 2022-12-31 | $103.71 Million | +0.46% |
| 2021-12-31 | $103.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inception Growth Acquisition Ltd'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 507172500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.61 Million | % |
| Total Equity | $-2.77 Million | 100.00% |
Inception Growth Acquisition Ltd Competitors by Market Cap
The table below lists competitors of Inception Growth Acquisition Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LNG Energy Group Corp.
OTCQB:LNGNF
|
$4.41 Million |
|
Ecoslops SA
PA:ALESA
|
$4.41 Million |
|
Norwest Minerals Ltd
AU:NWM
|
$4.42 Million |
|
ZYTRONIC PLC LS-01
F:8HD
|
$4.42 Million |
|
High Peak Royalties Ltd
AU:HPR
|
$4.41 Million |
|
Salutica Bhd
KLSE:0183
|
$4.41 Million |
|
COSCIENS Biopharma Inc.
NASDAQ:CSCI
|
$4.41 Million |
|
Gunpoint Exploration Ltd
PINK:CJIMF
|
$4.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inception Growth Acquisition Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,819,758 to -2,769,382, a change of -30,589,140 (-110.0%).
- Net income of 130,063 contributed positively to equity growth.
- Dividend payments of 1,154,401 reduced retained earnings.
- Share repurchases of 30,415,052 reduced equity.
- Other factors increased equity by 850,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $130.06K | +4.7% |
| Dividends Paid | $1.15 Million | -41.68% |
| Share Repurchases | $30.42 Million | -1098.26% |
| Other Changes | $850.25K | +30.7% |
| Total Change | $- | -109.95% |
Book Value vs Market Value Analysis
This analysis compares Inception Growth Acquisition Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.95 | $8.25 | x |
| 2022-12-31 | $7.98 | $8.25 | x |
| 2023-12-31 | $3.57 | $8.25 | x |
| 2024-12-31 | $-1.42 | $8.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inception Growth Acquisition Ltd 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is below the historical average (0.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.18% | 0.00% | 0.00x | 1.03x | $-10.51 Million |
| 2022 | 0.46% | 31.34% | 0.01x | 1.03x | $-9.90 Million |
| 2023 | 2.30% | 0.00% | 0.00x | 1.15x | $-2.14 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $407.00K |
Industry Comparison
This section compares Inception Growth Acquisition Ltd'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 |
|---|---|---|---|---|
| Inception Growth Acquisition Ltd (IGTA) | $-4.89 Million | -0.18% | N/A | $4.41 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 |