Battery Future Acquisition Corp
Battery Future Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to target assets or companies along the battery value chain. The company was incorporated in 2021 and is based in Dover, Delaware.
Battery Future Acquisition Corp (BFAC) - Net Assets
Latest net assets as of September 2024: $41.15 Million USD
Based on the latest financial reports, Battery Future Acquisition Corp (BFAC) has net assets worth $41.15 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($41.91 Million) and total liabilities ($764.13K). 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 | $41.15 Million |
| % of Total Assets | 98.18% |
| Annual Growth Rate | -37.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 38.65 |
Battery Future Acquisition Corp - Net Assets Trend (2020–2024)
This chart illustrates how Battery Future Acquisition Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Battery Future Acquisition Corp (2020–2024)
The table below shows the annual net assets of Battery Future Acquisition Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $48.61 Million | 0.00% |
| 2023-12-31 | $48.61 Million | -86.30% |
| 2022-12-31 | $354.82 Million | +6.37% |
| 2021-12-31 | $333.57 Million | +2.05% |
| 2020-12-31 | $326.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Battery Future Acquisition Corp'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 grown by 1695133500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $863.00 | 0.00% |
| Other Components | $56.71 Million | 116.65% |
| Total Equity | $48.61 Million | 100.00% |
Battery Future Acquisition Corp Competitors by Market Cap
The table below lists competitors of Battery Future Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sygnity SA
WAR:SGN
|
$42.72 Million |
|
Datavan International
TWO:3521
|
$42.73 Million |
|
B. L. Kashyap and Sons Limited
NSE:BLKASHYAP
|
$42.74 Million |
|
CHANJET INFO.TECHN.-H-YC1
F:C7D
|
$42.74 Million |
|
Harboes Bryggeri A/S
CO:HARB-B
|
$42.72 Million |
|
Tamilnadu PetroProducts Limited
NSE:TNPETRO
|
$42.70 Million |
|
SIM Technology Group Limited
PINK:SIMTF
|
$42.70 Million |
|
Powertip Technology Corporation
TWO:6167
|
$42.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Battery Future Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,613,949 to 48,613,949, a change of 0 (0.0%).
- Net income of 5,265,974 contributed positively to equity growth.
- Share repurchases of 311,471,428 reduced equity.
- Other comprehensive income increased equity by 863.
- Other factors increased equity by 306,204,591.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.27 Million | +10.83% |
| Share Repurchases | $311.47 Million | -640.7% |
| Other Comprehensive Income | $863.00 | +0.0% |
| Other Changes | $306.20 Million | +629.87% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Battery Future Acquisition Corp'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: 6.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.50x to 6.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.73 | $11.60 | x |
| 2022-12-31 | $8.23 | $11.60 | x |
| 2023-12-31 | $1.66 | $11.60 | x |
| 2024-12-31 | $1.66 | $11.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Battery Future Acquisition Corp 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): 10.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (10.83%) is above the historical average (7.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.91% | 0.00% | 0.00x | 1.06x | $-26.98 Million |
| 2022 | 5.99% | 0.00% | 0.00x | 1.01x | $-14.23 Million |
| 2023 | 10.83% | 0.00% | 0.00x | 1.17x | $404.58K |
| 2024 | 10.83% | 0.00% | 0.00x | 1.17x | $404.58K |
Industry Comparison
This section compares Battery Future Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Battery Future Acquisition Corp (BFAC) | $41.15 Million | 1.91% | 0.02x | $42.72 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) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |