SK Growth Opportunities Corporation
SK Growth Opportunities Corporation 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 or entities. The company was incorporated in 2021 and is based in New York, New York.
SK Growth Opportunities Corporation (SKGR) - Net Assets
Latest net assets as of December 2024: $95.18 Million USD
Based on the latest financial reports, SK Growth Opportunities Corporation (SKGR) has net assets worth $95.18 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 ($112.87 Million) and total liabilities ($17.69 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 | $95.18 Million |
| % of Total Assets | 84.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.51 |
SK Growth Opportunities Corporation - Net Assets Trend (2021–2024)
This chart illustrates how SK Growth Opportunities Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SK Growth Opportunities Corporation (2021–2024)
The table below shows the annual net assets of SK Growth Opportunities Corporation from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $95.18 Million | -0.52% |
| 2023-12-31 | $95.68 Million | -53.53% |
| 2022-12-31 | $205.90 Million | +2331693.61% |
| 2021-12-31 | $-8.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SK Growth Opportunities Corporation'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 1736591000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $225.45 Million | % |
| Total Equity | $-17.40 Million | 100.00% |
SK Growth Opportunities Corporation Competitors by Market Cap
The table below lists competitors of SK Growth Opportunities Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daesang Holdings Co Ltd
KO:084690
|
$87.07 Million |
|
Westwood Holdings Group Inc
NYSE:WHG
|
$87.11 Million |
|
Cambi ASA
OL:CAMBI
|
$87.11 Million |
|
Energy Transition Minerals Ltd
AU:ETM
|
$87.19 Million |
|
Jereissati Participações S.A.
SA:IGTI3
|
$87.01 Million |
|
Thye Ming Industrial Co Ltd
TW:9927
|
$87.01 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$86.94 Million |
|
Delta Asia International Corporation
TWO:6762
|
$86.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Growth Opportunities Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 95,679,363 to -17,399,217, a change of -113,078,580 (-118.2%).
- Net income of 3,168,393 contributed positively to equity growth.
- Share repurchases of 3,663,464 reduced equity.
- Other factors decreased equity by 112,583,509.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.17 Million | +18.21% |
| Share Repurchases | $3.66 Million | -21.06% |
| Other Changes | $-112.58 Million | -647.06% |
| Total Change | $- | -118.18% |
Book Value vs Market Value Analysis
This analysis compares SK Growth Opportunities Corporation'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 | $13.25 | x |
| 2022-12-31 | $7.86 | $13.25 | x |
| 2023-12-31 | $3.66 | $13.25 | x |
| 2024-12-31 | $-1.74 | $13.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Growth Opportunities Corporation 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 (2.73%), 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 | $-32.95K |
| 2022 | 2.40% | 0.00% | 0.00x | 1.06x | $-15.65 Million |
| 2023 | 8.51% | 0.00% | 0.00x | 1.15x | $-1.42 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $4.91 Million |
Industry Comparison
This section compares SK Growth Opportunities Corporation'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 |
|---|---|---|---|---|
| SK Growth Opportunities Corporation (SKGR) | $95.18 Million | 0.00% | 0.19x | $87.04 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 |