Twelve Seas Investment Co II (TWLV) - Net Assets
Based on the latest financial reports, Twelve Seas Investment Co II (TWLV) has net assets worth $166.57 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 ($173.64 Million) and total liabilities ($7.07 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 Twelve Seas Investment Co II's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $166.57 Million |
| % of Total Assets | 95.93% |
| Annual Growth Rate | 486.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 925201.45 |
Twelve Seas Investment Co II - Net Assets Trend (2020–2025)
This chart illustrates how Twelve Seas Investment Co II's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Twelve Seas Investment Co II for the complete picture of this company's asset base.
Annual Net Assets for Twelve Seas Investment Co II (2020–2025)
The table below shows the annual net assets of Twelve Seas Investment Co II from 2020 to 2025. For live valuation and market cap data, see how much is Twelve Seas Investment Co II worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $166.57 Million | +2141956.40% |
| 2024-12-31 | $7.78K | -100.00% |
| 2022-12-31 | $348.24 Million | +2.56% |
| 2021-12-31 | $339.54 Million | +1411759.30% |
| 2020-12-31 | $24.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Twelve Seas Investment Co II'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 619966800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $172.77 Million | 103.72% |
| Total Equity | $166.57 Million | 100.00% |
Twelve Seas Investment Co II Competitors by Market Cap
The table below lists competitors of Twelve Seas Investment Co II ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Singer Thailand Public Company Limited
BK:SINGER-R
|
$176.57 Million |
|
Emmerson Resources Ltd
AU:ERM
|
$176.58 Million |
|
Element 29 Resources Inc
V:ECU
|
$176.61 Million |
|
Orbitech Co. Ltd
KQ:046120
|
$176.62 Million |
|
Formosa Optical Technology Co Ltd
TWO:5312
|
$176.54 Million |
|
JADESTONE ENERGY LS -001
F:8KW
|
$176.47 Million |
|
Selectquote Inc
NYSE:SLQT
|
$176.35 Million |
|
DaeChang Solution Co. Ltd
KQ:096350
|
$176.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Twelve Seas Investment Co II's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,776 to 166,566,306, a change of 166,558,530 (2141956.4%).
- Net income of 37,028 contributed positively to equity growth.
- New share issuances of 174,000,000 increased equity.
- Other factors decreased equity by 7,478,498.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $37.03K | +0.02% |
| Share Issuances | $174.00 Million | +104.46% |
| Other Changes | $-7.48 Million | -4.49% |
| Total Change | $- | 2141956.40% |
Book Value vs Market Value Analysis
This analysis compares Twelve Seas Investment Co II'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: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3103.04x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $9.95 | x |
| 2021-12-31 | $7.67 | $9.95 | x |
| 2022-12-31 | $7.86 | $9.95 | x |
| 2024-12-31 | $0.00 | $9.95 | x |
| 2025-12-31 | $7.11 | $9.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Twelve Seas Investment Co II 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): 0.02%
- 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: 1.04x
- Recent ROE (0.02%) is above the historical average (-1.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.49% | 0.00% | 0.00x | 7.80x | $-4.69K |
| 2021 | 0.54% | 0.00% | 0.00x | 1.02x | $-32.12 Million |
| 2022 | 2.50% | 0.00% | 0.00x | 1.00x | $-26.13 Million |
| 2025 | 0.02% | 0.00% | 0.00x | 1.04x | $-16.62 Million |
Industry Comparison
This section compares Twelve Seas Investment Co II's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $229,616,302
- Average return on equity (ROE) among peers: 11.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Twelve Seas Investment Co II (TWLV) | $166.57 Million | -9.49% | 0.04x | $176.56 Million |
| Artius II Acquisition Inc. (AACB) | $214.29 Million | 0.06% | 0.07x | $231.51 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $528.66 Million | 4.92% | 0.04x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $954.70 Million | 20.65% | 1.51x | $399.13K |
| 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 | $235.27 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) | $5.09 Million | 83.40% | 1.38x | $49.04 Million |
About Twelve Seas Investment Co II
Twelve Seas Investment Company III does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Twelve Seas Investment Company III was incorporated in 2024 and is based in Los Angeles, California.