Cartesian Growth Corporation II Class A Ordinary Shares (RENE) - Net Assets
Based on the latest financial reports, Cartesian Growth Corporation II Class A Ordinary Shares (RENE) has net assets worth $64.30 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.00 Million) and total liabilities ($20.70 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 how resilient are Cartesian Growth Corporation II Class A 's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $64.30 Million |
| % of Total Assets | 75.65% |
| Annual Growth Rate | 1345.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 491272.75 |
Cartesian Growth Corporation II Class A Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Cartesian Growth Corporation II Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore RENE total assets for the complete picture of this company's asset base.
Annual Net Assets for Cartesian Growth Corporation II Class A Ordinary Shares (2021–2024)
The table below shows the annual net assets of Cartesian Growth Corporation II Class A Ordinary Shares from 2021 to 2024. For live valuation and market cap data, see Cartesian Growth Corporation II Class A (RENE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $64.30 Million | -58.70% |
| 2023-12-31 | $155.71 Million | -29.77% |
| 2022-12-31 | $221.71 Million | +1042102.64% |
| 2021-12-31 | $21.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cartesian Growth Corporation II Class A 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 2025831400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $84.57 Million | % |
| Total Equity | $-20.26 Million | 100.00% |
Cartesian Growth Corporation II Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Cartesian Growth Corporation II Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Petrochemicals Industries Corporation Limited
NSE:SPIC
|
$154.73 Million |
|
ABOV Semiconductor Co. Ltd
KQ:102120
|
$154.85 Million |
|
Roularta
BR:ROU
|
$154.88 Million |
|
BingEx Ltd
NASDAQ:FLX
|
$154.95 Million |
|
Aemetis Inc
NASDAQ:AMTX
|
$154.69 Million |
|
Auna S.A.
NYSE:AUNA
|
$154.69 Million |
|
Putnam Master Intermediate Income Trust
NYSE:PIM
|
$154.67 Million |
|
Bougainville Copper Limited
F:BOU1
|
$154.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cartesian Growth Corporation II Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,712,246 to -20,261,466, a change of -175,973,712 (-113.0%).
- Net income of 8,205,527 contributed positively to equity growth.
- Share repurchases of 99,613,642 reduced equity.
- Other factors decreased equity by 84,565,597.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.21 Million | +40.5% |
| Share Repurchases | $99.61 Million | -491.64% |
| Other Changes | $-84.57 Million | -417.37% |
| Total Change | $- | -113.01% |
Book Value vs Market Value Analysis
This analysis compares Cartesian Growth Corporation II Class A 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $11.90 | x |
| 2022-12-31 | $10.75 | $11.90 | x |
| 2023-12-31 | $5.62 | $11.90 | x |
| 2024-12-31 | $-1.39 | $11.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cartesian Growth Corporation II Class A 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): 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 above the historical average (-15.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -70.08% | 0.00% | 0.00x | 21.79x | $-17.04K |
| 2022 | 2.22% | 0.00% | 0.00x | 1.09x | $-17.24 Million |
| 2023 | 7.35% | 0.00% | 0.00x | 1.12x | $-4.13 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $10.23 Million |
Industry Comparison
This section compares Cartesian Growth Corporation II Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $17,406,987
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cartesian Growth Corporation II Class A Ordinary Shares (RENE) | $64.30 Million | -70.08% | 0.32x | $154.70 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) | $-435.70 Million | 0.00% | 0.00x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $227.84 Million | 5.64% | 0.04x | $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) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $41.25K | -0.54% | 28.48x | $49.57 Million |
About Cartesian Growth Corporation II Class A Ordinary Shares
Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.