RF Acquisition Corp II Unit (RFAIU) - Net Assets
Based on the latest financial reports, RF Acquisition Corp II Unit (RFAIU) has net assets worth $48.78 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 ($3.88 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 RFAIU total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $48.78 Million |
| % of Total Assets | 92.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 204.85 |
RF Acquisition Corp II Unit - Net Assets Trend (2021–2025)
This chart illustrates how RF Acquisition Corp II Unit's net assets have evolved over time, based on quarterly financial data. Also explore RFAIU current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for RF Acquisition Corp II Unit (2021–2025)
The table below shows the annual net assets of RF Acquisition Corp II Unit from 2021 to 2025. For live valuation and market cap data, see market cap of RF Acquisition Corp II Unit.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $48.78 Million | -57.86% |
| 2024-12-31 | $115.76 Million | +365.86% |
| 2023-12-31 | $24.85 Million | -78.76% |
| 2022-12-31 | $116.99 Million | +1730273.06% |
| 2021-12-31 | $-6.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RF Acquisition Corp II Unit'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 353975800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.64 Million | 109.64% |
| Total Equity | $37.06 Million | 100.00% |
RF Acquisition Corp II Unit Competitors by Market Cap
The table below lists competitors of RF Acquisition Corp II Unit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKY Metals Ltd
AU:SKY
|
$108.40 Million |
|
Han Kook Capital Co. Ltd
KQ:023760
|
$108.44 Million |
|
ADDvise Group B
ST:ADDV-B
|
$108.58 Million |
|
Sunflow Sustain
TA:SNFL
|
$108.62 Million |
|
ATEME SA
PA:ATEME
|
$108.38 Million |
|
Horizon Minerals Ltd
AU:HRZ
|
$108.33 Million |
|
Indo Rama Synthetics (India) Limited
NSE:INDORAMA
|
$108.32 Million |
|
MagnaChip Semiconductor
NYSE:MX
|
$108.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RF Acquisition Corp II Unit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,758,138 to 37,064,330, a change of -78,693,808 (-68.0%).
- Net income of 2,577,155 contributed positively to equity growth.
- Share repurchases of 54,784,190 reduced equity.
- Other factors decreased equity by 26,486,773.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.58 Million | +6.95% |
| Share Repurchases | $54.78 Million | -147.81% |
| Other Changes | $-26.49 Million | -71.46% |
| Total Change | $- | -67.98% |
Book Value vs Market Value Analysis
This analysis compares RF Acquisition Corp II Unit'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: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $10.84 | x |
| 2022-12-31 | $9.94 | $10.84 | x |
| 2023-12-31 | $2.75 | $10.84 | x |
| 2024-12-31 | $10.36 | $10.84 | x |
| 2025-12-31 | $3.48 | $10.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RF Acquisition Corp II Unit 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): 6.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.42x
- Recent ROE (6.95%) is above the historical average (1.53%), indicating improving 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 | $-31.11K |
| 2022 | 0.24% | 0.00% | 0.00x | 1.01x | $-11.41 Million |
| 2023 | -2.28% | 0.00% | 0.00x | 1.21x | $-3.05 Million |
| 2024 | 2.73% | 0.00% | 0.00x | 1.04x | $-8.42 Million |
| 2025 | 6.95% | 0.00% | 0.00x | 1.42x | $-1.13 Million |
Industry Comparison
This section compares RF Acquisition Corp II Unit'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 |
|---|---|---|---|---|
| RF Acquisition Corp II Unit (RFAIU) | $48.78 Million | 0.00% | 0.08x | $108.40 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 RF Acquisition Corp II Unit
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