Churchill Capital Corp X Class A Ordinary Shares (CCCX) - Net Assets
Based on the latest financial reports, Churchill Capital Corp X Class A Ordinary Shares (CCCX) has net assets worth $575.47 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($642.12 Million) and total liabilities ($66.65 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. See CCCX net asset quality score to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $575.47 Million |
| % of Total Assets | 89.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Churchill Capital Corp X Class A Ordinary Shares - Net Assets Trend (2024–2025)
This chart illustrates how Churchill Capital Corp X Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Churchill Capital Corp X Class A Ordinar market cap and net worth.
Annual Net Assets for Churchill Capital Corp X Class A Ordinary Shares (2024–2025)
The table below shows the annual net assets of Churchill Capital Corp X Class A Ordinary Shares from 2024 to 2025. Also explore CCCX net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $346.07 Million | +1286129.93% |
| 2024-12-31 | $-26.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Churchill Capital Corp X Class A Ordinary Shares'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 7756800500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $848.56 Million | % |
| Total Equity | $-77.62 Million | 100.00% |
Churchill Capital Corp X Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Churchill Capital Corp X Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thu Dau Mot Water JSC
VN:TDM
|
$249.05 Million |
|
First Internet Bancorp
NASDAQ:INBK
|
$249.08 Million |
|
Graf Global Corp
NYSE MKT:GRAF
|
$249.09 Million |
|
Launch Two Acquisition Corp. Class A Ordinary Shares
NASDAQ:LPBB
|
$249.09 Million |
|
BIDV Securities JSC
VN:BSI
|
$248.91 Million |
|
Hung Sheng Construction Ltd
TW:2534
|
$248.87 Million |
|
Skel fjárfestingafélag hf.
IC:SKEL
|
$248.86 Million |
|
Falcon Oil & Gas Ltd.
V:FO
|
$248.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Churchill Capital Corp X Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -26,910 to -77,618,849, a change of -77,591,939.
- Net loss of 66,931,068 reduced equity.
- Other factors decreased equity by 10,660,871.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.93 Million | -86.23% |
| Other Changes | $-10.66 Million | -13.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Churchill Capital Corp X Class A Ordinary Shares'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 |
|---|---|---|---|
| 2024-12-31 | $0.00 | $5.97 | x |
| 2025-12-31 | $-2.95 | $5.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Churchill Capital Corp X Class A Ordinary Shares 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 (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-49.22K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-59.17 Million |
Industry Comparison
This section compares Churchill Capital Corp X Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $203,465,471
- Average return on equity (ROE) among peers: -9.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Churchill Capital Corp X Class A Ordinary Shares (CCCX) | $575.47 Million | 0.00% | 0.12x | $248.95 Million |
| Artius II Acquisition Inc. (AACB) | $214.29 Million | 0.06% | 0.07x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $147.40 Million | -2.46% | 0.02x | $256.50 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.71 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.44 Million |
| Ares Acquisition Corporation II (AACT) | $528.66 Million | 4.92% | 0.04x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $373.20 Million | -150.35% | 14.85x | $388.34K |
| Altenergy Acquisition Corp (AEAE) | $4.84 Million | 51.14% | 2.71x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.34 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $387.32 Million |
About Churchill Capital Corp X Class A Ordinary Shares
As of February 13, 2026, Churchill Capital Corp X was acquired by ColdQuanta, Inc., in a reverse merger transaction. Churchill Capital Corp X focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in New York, New York.