Papaya Growth Opportunity Corp I (PPYA) - Net Assets
Based on the latest financial reports, Papaya Growth Opportunity Corp I (PPYA) has net assets worth $-23.10 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 ($1.21 Million) and total liabilities ($24.32 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 Papaya Growth Opportunity Corp I (PPYA) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-23.10 Million |
| % of Total Assets | -1903.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 194.39 |
Papaya Growth Opportunity Corp I - Net Assets Trend (2021–2024)
This chart illustrates how Papaya Growth Opportunity Corp I's net assets have evolved over time, based on quarterly financial data. Also explore PPYA total assets for the complete picture of this company's asset base.
Annual Net Assets for Papaya Growth Opportunity Corp I (2021–2024)
The table below shows the annual net assets of Papaya Growth Opportunity Corp I from 2021 to 2024. For live valuation and market cap data, see market cap of Papaya Growth Opportunity Corp I.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-15.11 Million | -487.39% |
| 2023-12-31 | $3.90 Million | -98.62% |
| 2022-12-31 | $282.00 Million | +3537480.67% |
| 2021-12-31 | $-7.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Papaya Growth Opportunity Corp I'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 2312069900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.24 Million | % |
| Total Equity | $-15.11 Million | 100.00% |
Papaya Growth Opportunity Corp I Competitors by Market Cap
The table below lists competitors of Papaya Growth Opportunity Corp I ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Favelle Favco Bhd
KLSE:7229
|
$98.29 Million |
|
Themis Medicare Limited
NSE:THEMISMED
|
$98.31 Million |
|
Thai Optical Group Public Company Limited
BK:TOG
|
$98.31 Million |
|
Pasofino Gold Limited
V:VEIN
|
$98.33 Million |
|
Amulaire Thermal Technology
TW:2241
|
$98.21 Million |
|
NCS Multistage Holdings Inc
NASDAQ:NCSM
|
$98.18 Million |
|
Eimco Elecon (India) Limited
NSE:EIMCOELECO
|
$98.16 Million |
|
PT Surya Pertiwi Tbk
JK:SPTO
|
$98.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Papaya Growth Opportunity Corp I's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,901,413 to -15,113,807, a change of -19,015,220 (-487.4%).
- Net loss of 1,409,000 reduced equity.
- Share repurchases of 17,430,006 reduced equity.
- Other factors decreased equity by 176,214.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.41 Million | -9.32% |
| Share Repurchases | $17.43 Million | -115.33% |
| Other Changes | $-176.21K | -1.17% |
| Total Change | $- | -487.39% |
Book Value vs Market Value Analysis
This analysis compares Papaya Growth Opportunity Corp I'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 | $0.00 | $11.01 | x |
| 2022-12-31 | $7.80 | $11.01 | x |
| 2023-12-31 | $0.18 | $11.01 | x |
| 2024-12-31 | $-1.71 | $11.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Papaya Growth Opportunity Corp I 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 (69.50%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.17K |
| 2022 | 0.55% | 0.00% | 0.00x | 1.06x | $-26.65 Million |
| 2023 | 277.46% | 0.00% | 0.00x | 6.44x | $10.43 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $102.38K |
Industry Comparison
This section compares Papaya Growth Opportunity Corp I's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $224,857,490
- Average return on equity (ROE) among peers: 3.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Papaya Growth Opportunity Corp I (PPYA) | $-23.10 Million | 0.00% | N/A | $98.24 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $1.54 Billion | 21.89% | 4.12x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $214.04 Million | 5.44% | 0.10x | $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) | $69.76 Million | 0.25% | 0.01x | $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) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $115.20 Million | 2.86% | 0.05x | $49.57 Million |
About Papaya Growth Opportunity Corp I
Papaya Growth Opportunity Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Oakland, California.