Technology & Telecommunication (TETE) - Net Assets
Based on the latest financial reports, Technology & Telecommunication (TETE) has net assets worth $-10.35 Million USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($170.34K) and total liabilities ($10.52 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 Technology & Telecommunication (TETE) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-10.35 Million |
| % of Total Assets | -6075.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 53.23 |
Technology & Telecommunication - Net Assets Trend (2021–2025)
This chart illustrates how Technology & Telecommunication's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Technology & Telecommunication for the complete picture of this company's asset base.
Annual Net Assets for Technology & Telecommunication (2021–2025)
The table below shows the annual net assets of Technology & Telecommunication from 2021 to 2025. For live valuation and market cap data, see TETE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $-10.35 Million | -146.29% |
| 2024-11-30 | $22.36 Million | -15.99% |
| 2023-11-30 | $26.61 Million | -76.74% |
| 2022-11-30 | $114.41 Million | +2353801.75% |
| 2021-11-30 | $-4.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Technology & Telecommunication'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 1048614700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $142.81K | % |
| Total Equity | $-10.49 Million | 100.00% |
Technology & Telecommunication Competitors by Market Cap
The table below lists competitors of Technology & Telecommunication ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STG International Ltd
TA:STG
|
$72.23 Million |
|
Altenergy Acquisition Corp
NASDAQ:AEAE
|
$72.25 Million |
|
Children’s Place Inc
NASDAQ:PLCE
|
$72.27 Million |
|
Vortex Consolidated Bhd
KLSE:0060
|
$72.28 Million |
|
Critical Elements Corporation
V:CRE
|
$72.18 Million |
|
Tecnotree Oyj
HE:TEM1V
|
$72.17 Million |
|
Copartner Technology Corp
TW:3550
|
$72.17 Million |
|
Unitech Electronics Co. Ltd.
TW:3652
|
$72.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technology & Telecommunication's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,357,223 to -10,490,667, a change of -32,847,890 (-146.9%).
- Net loss of 731,371 reduced equity.
- Other factors decreased equity by 32,116,519.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-731.37K | -6.97% |
| Other Changes | $-32.12 Million | -306.14% |
| Total Change | $- | -146.92% |
Book Value vs Market Value Analysis
This analysis compares Technology & Telecommunication'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 |
|---|---|---|---|
| 2021-11-30 | $0.00 | $12.08 | x |
| 2022-11-30 | $7.67 | $12.08 | x |
| 2023-11-30 | $3.48 | $12.08 | x |
| 2024-11-30 | $3.61 | $12.08 | x |
| 2025-11-30 | $-2.56 | $12.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technology & Telecommunication 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 (-3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -24.14% | 0.00% | 0.00x | 5.26x | $-6.87K |
| 2022 | 1.88% | 0.00% | 0.00x | 1.04x | $-9.29 Million |
| 2023 | 0.67% | 0.00% | 0.00x | 1.27x | $-2.48 Million |
| 2024 | 2.76% | 0.00% | 0.00x | 1.42x | $-1.62 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $317.70K |
Industry Comparison
This section compares Technology & Telecommunication'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 |
|---|---|---|---|---|
| Technology & Telecommunication (TETE) | $-10.35 Million | -24.14% | N/A | $72.19 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 Technology & Telecommunication
Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malay… Read more