RF Acquisition Corp II Ordinary Shares (RFAI) - Net Assets
Based on the latest financial reports, RF Acquisition Corp II Ordinary Shares (RFAI) has net assets worth $47.66 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.66 Million) and total liabilities ($4.99 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. Read RFAI current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $47.66 Million |
| % of Total Assets | 90.52% |
| Annual Growth Rate | -58.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
RF Acquisition Corp II Ordinary Shares - Net Assets Trend (2024–2025)
This chart illustrates how RF Acquisition Corp II Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore RFAI total assets for the complete picture of this company's asset base.
Annual Net Assets for RF Acquisition Corp II Ordinary Shares (2024–2025)
The table below shows the annual net assets of RF Acquisition Corp II Ordinary Shares from 2024 to 2025. For live valuation and market cap data, see RFAI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $47.66 Million | -58.82% |
| 2024-12-31 | $115.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RF Acquisition Corp II 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 214750500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $52.26 Million | % |
| Total Equity | $-4.59 Million | 100.00% |
RF Acquisition Corp II Ordinary Shares Competitors by Market Cap
The table below lists competitors of RF Acquisition Corp II Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanover Bancorp Inc
NASDAQ:HNVR
|
$162.19 Million |
|
Stoneridge Inc
NYSE:SRI
|
$162.22 Million |
|
LG Household & Healthcare Ltd Pref
KO:051905
|
$162.23 Million |
|
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
IS:BJKAS
|
$162.27 Million |
|
Srivichaivejvivat Public Company Limited
BK:VIH
|
$162.13 Million |
|
The Lovesac Company
NASDAQ:LOVE
|
$162.10 Million |
|
888 Holdings plc
F:C8V
|
$162.10 Million |
|
Imarketkorea
KO:122900
|
$162.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RF Acquisition Corp II Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,758,138 to -4,592,649, a change of -120,350,787 (-104.0%).
- Net income of 3,367,296 contributed positively to equity growth.
- Share repurchases of 71,580,705 reduced equity.
- Other factors decreased equity by 52,137,378.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.37 Million | +73.32% |
| Share Repurchases | $71.58 Million | -1558.59% |
| Other Changes | $-52.14 Million | -1135.24% |
| Total Change | $- | -103.97% |
Book Value vs Market Value Analysis
This analysis compares RF Acquisition Corp II 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 |
|---|---|---|---|
| 2024-12-31 | $10.36 | $10.92 | x |
| 2025-12-31 | $-0.43 | $10.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RF Acquisition Corp II 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 below the historical average (1.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 2.73% | 0.00% | 0.00x | 1.04x | $-8.42 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $3.83 Million |
Industry Comparison
This section compares RF Acquisition Corp II 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 |
|---|---|---|---|---|
| RF Acquisition Corp II Ordinary Shares (RFAI) | $47.66 Million | 2.73% | 0.10x | $162.14 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 RF Acquisition Corp II Ordinary Shares
RF Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search for a business combination on target businesses in the technology sector, including artificial intelligence, quantum computing, and biotech… Read more