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 $346.07 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 ($424.87 Million) and total liabilities ($78.80 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. Explore how efficiently does Churchill Capital Corp X Class A Ordinar generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $346.07 Million |
| % of Total Assets | 81.45% |
| 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. Also explore how large is Churchill Capital Corp X Class A Ordinar's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see CCCX stock market capitalisation.
| 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 |
|---|---|
|
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC
|
$239.44 Million |
|
American Resources Corp Class A
NASDAQ:AREC
|
$239.51 Million |
|
Shenzhen Weiye Decoration Group Co Ltd
SHE:300621
|
$239.60 Million |
|
GSR IV Acquisition Corp. Class A ordinary share
NASDAQ:GSRF
|
$239.63 Million |
|
Karel Elektronik Sanayi ve Ticaret AS
IS:KAREL
|
$239.34 Million |
|
Resimac Group Ltd
AU:RMC
|
$239.28 Million |
|
Enel Generacion Costanera SA
BA:CECO2
|
$239.25 Million |
|
Shanghai Hongda New Material Co Ltd
SHE:002211
|
$239.22 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 | $5.74 | x |
| 2025-12-31 | $-2.95 | $5.74 | 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: $119,016,443
- Average return on equity (ROE) among peers: 36.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Churchill Capital Corp X Class A Ordinary Shares (CCCX) | $346.07 Million | 0.00% | 0.23x | $239.36 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $231.51 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $33.60 Million | 281.25% | 89.15x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $-7.47 Million | 0.00% | 0.00x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.98 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $72.31 Million | 3.53% | 0.02x | $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) | $60.04 Million | -0.06% | 0.02x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $5.09 Million | 83.40% | 1.38x | $49.23 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.