EVe Mobility Acquisition Corp
EVe Mobility Acquisition Corp does not have significant operations. The company focuses on effectuating a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on the automotive and mobility industry. The company was incorporated in 2021 and is based in Wilmington, Delaware.
EVe Mobility Acquisition Corp (EVE) - Net Assets
Latest net assets as of September 2023: $55.26 Million USD
Based on the latest financial reports, EVe Mobility Acquisition Corp (EVE) has net assets worth $55.26 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.92 Million) and total liabilities ($10.66 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $55.26 Million |
| % of Total Assets | 83.82% |
| Annual Growth Rate | 1.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
EVe Mobility Acquisition Corp - Net Assets Trend (2021–2022)
This chart illustrates how EVe Mobility 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 EVe Mobility Acquisition Corp (2021–2022)
The table below shows the annual net assets of EVe Mobility Acquisition Corp from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $249.30 Million | +1.06% |
| 2021-12-31 | $246.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EVe Mobility 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 decreased by 105256000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $258.68 Million | 103.76% |
| Total Equity | $249.30 Million | 100.00% |
EVe Mobility Acquisition Corp Competitors by Market Cap
The table below lists competitors of EVe Mobility Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veranda Learning Solutions Limited
NSE:VERANDA
|
$74.39 Million |
|
Questerre Energy Corporation
PINK:QTEYF
|
$74.39 Million |
|
Sasken Technologies Limited
NSE:SASKEN
|
$74.39 Million |
|
Brockhaus Technologies AG
LSE:0AAW
|
$74.40 Million |
|
Star Holdings
NASDAQ:STHO
|
$74.38 Million |
|
Sitowise Group Oyj
HE:SITOWS
|
$74.38 Million |
|
Fecon Foundation Engineering and Underground Construction JSC
VN:FCN
|
$74.36 Million |
|
Dongkuk Steel Mill Co Ltd
KO:001230
|
$74.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EVe Mobility Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 246,672,848 to 249,298,952, a change of 2,626,104 (1.1%).
- Net income of 2,626,104 contributed positively to equity growth.
- Other comprehensive income increased equity by 255,000,957.
- Other factors decreased equity by 255,000,957.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.63 Million | +1.05% |
| Other Comprehensive Income | $255.00 Million | +102.29% |
| Other Changes | $-255.00 Million | -102.29% |
| Total Change | $- | 1.06% |
Book Value vs Market Value Analysis
This analysis compares EVe Mobility 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: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.13 | $11.27 | x |
| 2022-12-31 | $7.23 | $11.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EVe Mobility 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): 1.05%
- 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 (1.05%) is above the historical average (0.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.16% | 0.00% | 0.00x | 1.04x | $-25.06 Million |
| 2022 | 1.05% | 0.00% | 0.00x | 1.04x | $-22.30 Million |
Industry Comparison
This section compares EVe Mobility 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 |
|---|---|---|---|---|
| EVe Mobility Acquisition Corp (EVE) | $55.26 Million | -0.16% | 0.19x | $74.38 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 |