Qomolangma Acquisition Corp. Common Stock
Qomolangma Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to acquire businesses in the internet and high technology, financial technology, clean energy, agriculture machinery, health care, consumer a… Read more
Qomolangma Acquisition Corp. Common Stock (QOMO) - Net Assets
Latest net assets as of June 2024: $4.34 Million USD
Based on the latest financial reports, Qomolangma Acquisition Corp. Common Stock (QOMO) has net assets worth $4.34 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.48 Million) and total liabilities ($5.14 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 | $4.34 Million |
| % of Total Assets | 45.78% |
| Annual Growth Rate | 490.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 116061.35 |
Qomolangma Acquisition Corp. Common Stock - Net Assets Trend (2021–2024)
This chart illustrates how Qomolangma Acquisition Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qomolangma Acquisition Corp. Common Stock (2021–2024)
The table below shows the annual net assets of Qomolangma Acquisition Corp. Common Stock from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.34 Million | 0.00% |
| 2023-12-31 | $4.34 Million | -91.63% |
| 2022-12-31 | $51.87 Million | +246157.47% |
| 2021-12-31 | $21.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qomolangma Acquisition Corp. Common Stock'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 447944400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.83 Million | 203.20% |
| Total Equity | $4.34 Million | 100.00% |
Qomolangma Acquisition Corp. Common Stock Competitors by Market Cap
The table below lists competitors of Qomolangma Acquisition Corp. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kumulus Vape SA
PA:ALVAP
|
$8.60 Million |
|
Blue Ridge Real Estate Company
PINK:BRRE
|
$8.61 Million |
|
G.AZOTY ZAK.AZ.PUL.B ZY10
F:1V5
|
$8.61 Million |
|
Scandinavian Investment Group A/S
CO:SIG
|
$8.61 Million |
|
Gouverneur Bancorp
OTCQB:GOVB
|
$8.60 Million |
|
Envar Holding AB (publ)
F:LD5
|
$8.60 Million |
|
COSTCO WHSL - Dusseldorf Stock Exchang
DU:CTO
|
$8.59 Million |
|
Quantum BioPharma Ltd.
NASDAQ:QNTM
|
$8.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qomolangma Acquisition Corp. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,344,241 to 4,344,241, a change of 0 (0.0%).
- Net loss of 138,905 reduced equity.
- Share repurchases of 46,921,772 reduced equity.
- Other factors increased equity by 47,060,677.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-138.91K | -3.2% |
| Share Repurchases | $46.92 Million | -1080.09% |
| Other Changes | $47.06 Million | +1083.29% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Qomolangma Acquisition Corp. Common Stock'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: 14.33x
- 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 3597.14x to 14.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $11.55 | x |
| 2022-12-31 | $19.43 | $11.55 | x |
| 2023-12-31 | $1.74 | $11.55 | x |
| 2024-12-31 | $0.81 | $11.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qomolangma Acquisition Corp. Common Stock 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): -3.20%
- 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: 2.16x
- Recent ROE (-3.20%) is above the historical average (-6.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -18.68% | 0.00% | 0.00x | 13.65x | $-6.04K |
| 2022 | 0.26% | 30.81% | 0.01x | 1.05x | $-5.05 Million |
| 2023 | -3.20% | 0.00% | 0.00x | 2.16x | $-573.33K |
| 2024 | -3.20% | 0.00% | 0.00x | 2.16x | $-573.33K |
Industry Comparison
This section compares Qomolangma Acquisition Corp. Common Stock's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qomolangma Acquisition Corp. Common Stock (QOMO) | $4.34 Million | -18.68% | 1.18x | $8.60 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) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |