Pelican Acquisition Corporation Ordinary Shares (PELI) - Net Assets
Based on the latest financial reports, Pelican Acquisition Corporation Ordinary Shares (PELI) has net assets worth $88.19 Million USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.77 Million) and total liabilities ($583.17K). 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 Pelican Acquisition Corporation Ordinary (PELI) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.19 Million |
| % of Total Assets | 99.34% |
| Annual Growth Rate | 687102.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Pelican Acquisition Corporation Ordinary Shares - Net Assets Trend (2025–2026)
This chart illustrates how Pelican Acquisition Corporation Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore Pelican Acquisition Corporation Ordinary (PELI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Pelican Acquisition Corporation Ordinary Shares (2025–2026)
The table below shows the annual net assets of Pelican Acquisition Corporation Ordinary Shares from 2025 to 2026. For live valuation and market cap data, see PELI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $88.19 Million | +682959.24% |
| 2025-01-31 | $12.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pelican Acquisition Corporation Ordinary Shares'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 39324400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $88.60 Million | 100.46% |
| Total Equity | $88.19 Million | 100.00% |
Pelican Acquisition Corporation Ordinary Shares Competitors by Market Cap
The table below lists competitors of Pelican Acquisition Corporation Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neuronetics Inc
NASDAQ:STIM
|
$95.60 Million |
|
Rorze Systems Corporation
KQ:071280
|
$95.63 Million |
|
ALM Equity AB (publ)
ST:ALM
|
$95.65 Million |
|
Rich Honour International Designs Co Ltd
TW:6754
|
$95.65 Million |
|
Bokwang Industry Co Ltd
KQ:225530
|
$95.55 Million |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$95.54 Million |
|
Chainqui Construction Development Co Ltd
TW:2509
|
$95.51 Million |
|
Sterling Tools Limited
NSE:STERTOOLS
|
$95.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelican Acquisition Corporation Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,911 to 88,189,778, a change of 88,176,867 (682959.2%).
- Net income of 1,249,047 contributed positively to equity growth.
- New share issuances of 89,237,500 increased equity.
- Other factors decreased equity by 2,309,680.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.25 Million | +1.42% |
| Share Issuances | $89.24 Million | +101.19% |
| Other Changes | $-2.31 Million | -2.62% |
| Total Change | $- | 682959.24% |
Book Value vs Market Value Analysis
This analysis compares Pelican Acquisition Corporation Ordinary Shares'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: 0.55x
- 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.
- The price-to-book ratio has decreased from 6677.99x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2025-01-31 | $0.00 | $8.23 | x |
| 2026-01-31 | $15.00 | $8.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelican Acquisition Corporation Ordinary Shares 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): 1.42%
- 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: 1.01x
- Recent ROE (1.42%) is above the historical average (-164.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2025 | -329.67% | 0.00% | 0.00x | 16.97x | $-43.86K |
| 2026 | 1.42% | 0.00% | 0.00x | 1.01x | $-7.57 Million |
Industry Comparison
This section compares Pelican Acquisition Corporation Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $114,537,022
- Average return on equity (ROE) among peers: 3.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelican Acquisition Corporation Ordinary Shares (PELI) | $88.19 Million | -329.67% | 0.01x | $95.55 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $214.29 Million | 0.06% | 0.07x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $952.33 Million | 0.00% | 0.06x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $-468.10 Million | 0.00% | 0.00x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $4.84 Million | 51.14% | 2.71x | $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) | $60.04 Million | -0.06% | 0.02x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $41.25K | -21.21% | 8.88x | $49.57 Million |
About Pelican Acquisition Corporation Ordinary Shares
Pelican Acquisition Corporation 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 in technology industry. Pelican Acquisition Corporation was incorporated in 2024 and is based in New York, New York.