OCA Acquisition Corp (OCAXU) - Net Assets
Based on the latest financial reports, OCA Acquisition Corp (OCAXU) has net assets worth $18.33 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.32 Million) and total liabilities ($15.99 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. Check tangible equity quality of OCA Acquisition Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.33 Million |
| % of Total Assets | 53.42% |
| Annual Growth Rate | 959.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 274749.13 |
OCA Acquisition Corp - Net Assets Trend (2020–2023)
This chart illustrates how OCA Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See OCA Acquisition Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for OCA Acquisition Corp (2020–2023)
The table below shows the annual net assets of OCA Acquisition Corp from 2020 to 2023. For live valuation and market cap data, see OCAXU market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $28.07 Million | -80.74% |
| 2022-12-31 | $145.71 Million | +5.35% |
| 2021-12-31 | $138.31 Million | +582793.21% |
| 2020-12-31 | $23.73K | -- |
Equity Component Analysis
This analysis shows how different components contribute to OCA Acquisition Corp'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 1415681400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $42.22 Million | 150.45% |
| Total Equity | $28.07 Million | 100.00% |
OCA Acquisition Corp Competitors by Market Cap
The table below lists competitors of OCA Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LPA Group
LSE:LPA
|
$102.09K |
|
Gresham House Renewable Energy VCT 1 plc
LSE:GV1O
|
$102.45K |
|
Advanced Info Service Public Company Limited
F:AISF
|
$102.91K |
|
Mobilityone Ltd
LSE:MBO
|
$103.47K |
|
Marechale Capital Plc
LSE:MAC
|
$101.73K |
|
Wishbone Gold Plc
LSE:WSBN
|
$101.50K |
|
BOOSH PLANT-BASED BRANDS
F:77I
|
$101.47K |
|
Petros Pharmaceuticals Inc
NASDAQ:PTPI
|
$101.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OCA Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 145,705,508 to 28,066,298, a change of -117,639,210 (-80.7%).
- Net loss of 2,482,000 reduced equity.
- Share repurchases of 114,017,035 reduced equity.
- Other factors decreased equity by 1,140,175.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.48 Million | -8.84% |
| Share Repurchases | $114.02 Million | -406.24% |
| Other Changes | $-1.14 Million | -4.06% |
| Total Change | $- | -80.74% |
Book Value vs Market Value Analysis
This analysis compares OCA 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: 3.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8442.77x to 3.13x 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 | $0.00 | $10.72 | x |
| 2021-12-31 | $7.74 | $10.72 | x |
| 2022-12-31 | $7.80 | $10.72 | x |
| 2023-12-31 | $3.43 | $10.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OCA 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): -8.84%
- 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: 1.51x
- Recent ROE (-8.84%) is below the historical average (-1.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -5.36% | 0.00% | 0.00x | 7.39x | $-3.64K |
| 2021 | 3.32% | 0.00% | 0.00x | 1.10x | $-9.24 Million |
| 2022 | 5.08% | 0.00% | 0.00x | 1.06x | $-7.17 Million |
| 2023 | -8.84% | 0.00% | 0.00x | 1.51x | $-5.29 Million |
Industry Comparison
This section compares OCA Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $173,103,317
- Average return on equity (ROE) among peers: 3.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OCA Acquisition Corp (OCAXU) | $18.33 Million | -5.36% | 0.87x | $102.05K |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $232.84 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $268.87 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $534.70 Million | 21.49% | 3.04x | $420.70K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $236.21 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $390.09 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $8.04 Million | 13.18% | 0.51x | $107.66 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 |
About OCA Acquisition Corp
OCA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. OCA Acquisition Corp. is a subsidiary of OCA Acquisition Holdings LLC.