FCCC Inc
FCCC, Inc. does not have significant operations. The company is seeking for a merger, acquisition, reverse merger, or business combination with an operating business or other appropriate financial transaction. Previously, it was engaged in the mortgage banking business. The company was formerly known as The First Connecticut Capital Corporation and changed its name to FCCC, Inc. in June 2003. FCC… Read more
FCCC Inc (FCIC) - Net Assets
Latest net assets as of June 2024: $-669.00K USD
Based on the latest financial reports, FCCC Inc (FCIC) has net assets worth $-669.00K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.00K) and total liabilities ($724.00K). 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 | $-669.00K |
| % of Total Assets | -1216.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1165.57% |
| 10-Year Change | -293.45% |
| Growth Volatility | 236.0 |
FCCC Inc - Net Assets Trend (1997–2024)
This chart illustrates how FCCC Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FCCC Inc (1997–2024)
The table below shows the annual net assets of FCCC Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $-650.00K | -111.04% |
| 2023-03-31 | $-308.00K | -67.39% |
| 2022-03-31 | $-184.00K | -18300.00% |
| 2021-03-31 | $-1.00K | -101.64% |
| 2020-03-31 | $61.00K | -46.96% |
| 2019-03-31 | $115.00K | -33.14% |
| 2018-03-31 | $172.00K | -29.22% |
| 2017-03-31 | $243.00K | -16.78% |
| 2016-03-31 | $292.00K | -13.10% |
| 2015-03-31 | $336.00K | +1100.00% |
| 2014-03-31 | $28.00K | -60.56% |
| 2013-03-31 | $71.00K | -34.26% |
| 2012-03-31 | $108.00K | -35.71% |
| 2011-03-31 | $168.00K | -29.71% |
| 2010-03-31 | $239.00K | -84.69% |
| 2009-03-31 | $1.56 Million | -3.16% |
| 2008-03-31 | $1.61 Million | +0.69% |
| 2007-03-31 | $1.60 Million | -1.54% |
| 2006-03-31 | $1.63 Million | -2.69% |
| 2005-03-31 | $1.67 Million | +7.67% |
| 2004-03-31 | $1.55 Million | -31.36% |
| 2003-03-31 | $2.26 Million | +12.88% |
| 2002-03-31 | $2.00 Million | -20.14% |
| 2001-03-31 | $2.51 Million | +8.29% |
| 2000-03-31 | $2.32 Million | +56.49% |
| 1997-03-31 | $1.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FCCC Inc'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 104900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $800.00K | % |
| Other Components | $8.40 Million | % |
| Total Equity | $-650.00K | 100.00% |
FCCC Inc Competitors by Market Cap
The table below lists competitors of FCCC Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dong Nai Plastic Construction JSC
VN:DNP
|
$6.93K |
|
Eastern Company
EGX:EAST
|
$6.94K |
|
GOLD RESOURCE
BE:GIH
|
$6.94K |
|
SUNEVISION HLDGS
MU:VI6
|
$6.94K |
|
Volvere PLC
LSE:VLE
|
$6.91K |
|
SDM SE
XETRA:75S
|
$6.91K |
|
B2En Co. Ltd.
KO:307870
|
$6.89K |
|
Momentous Holdings Corp
PINK:MMNT
|
$6.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FCCC Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -308,000 to -650,000, a change of -342,000.
- Net loss of 342,000 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-342.00K | -52.62% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FCCC Inc'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 |
|---|---|---|---|
| 1997-03-31 | $0.89 | $0.15 | x |
| 1998-03-31 | $1.13 | $0.15 | x |
| 1999-03-31 | $1.82 | $0.15 | x |
| 2000-03-31 | $1.94 | $0.15 | x |
| 2001-03-31 | $2.11 | $0.15 | x |
| 2002-03-31 | $1.69 | $0.15 | x |
| 2003-03-31 | $1.90 | $0.15 | x |
| 2004-03-31 | $1.05 | $0.15 | x |
| 2005-03-31 | $1.02 | $0.15 | x |
| 2006-03-31 | $1.03 | $0.15 | x |
| 2007-03-31 | $1.12 | $0.15 | x |
| 2008-03-31 | $1.12 | $0.15 | x |
| 2009-03-31 | $1.01 | $0.15 | x |
| 2010-03-31 | $0.15 | $0.15 | x |
| 2011-03-31 | $0.11 | $0.15 | x |
| 2012-03-31 | $0.07 | $0.15 | x |
| 2013-03-31 | $0.05 | $0.15 | x |
| 2014-03-31 | $0.02 | $0.15 | x |
| 2015-03-31 | $0.11 | $0.15 | x |
| 2016-03-31 | $0.08 | $0.15 | x |
| 2017-03-31 | $0.07 | $0.15 | x |
| 2018-03-31 | $0.05 | $0.15 | x |
| 2019-03-31 | $0.03 | $0.15 | x |
| 2020-03-31 | $0.02 | $0.15 | x |
| 2021-03-31 | $0.00 | $0.15 | x |
| 2022-03-31 | $-0.05 | $0.15 | x |
| 2023-03-31 | $-0.09 | $0.15 | x |
| 2024-03-31 | $-0.19 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FCCC Inc 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: -342.00%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-19.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -22.09% | -39.05% | 0.33x | 1.73x | $-334.10K |
| 1998 | 21.67% | 37.84% | 0.52x | 1.11x | $155.10K |
| 1999 | 37.81% | 99.14% | 0.34x | 1.11x | $594.30K |
| 2000 | 5.90% | 15.49% | 0.21x | 1.78x | $-93.10K |
| 2001 | -12.63% | -40.92% | 0.16x | 1.95x | $-560.80K |
| 2002 | 2.25% | 4.57% | 0.21x | 2.37x | $-155.30K |
| 2003 | 11.41% | 20.67% | 0.31x | 1.77x | $31.90K |
| 2004 | -12.82% | -1421.43% | 0.01x | 1.01x | $-354.20K |
| 2005 | 7.12% | 43.59% | 0.16x | 1.01x | $-48.10K |
| 2006 | -2.77% | -78.95% | 0.03x | 1.01x | $-207.60K |
| 2007 | -1.56% | -32.47% | 0.05x | 1.01x | $-185.10K |
| 2008 | -0.74% | -16.44% | 0.04x | 1.01x | $-173.20K |
| 2009 | -3.27% | -154.55% | 0.02x | 1.01x | $-207.10K |
| 2010 | -30.54% | -730.00% | 0.04x | 1.05x | $-96.90K |
| 2011 | -42.26% | -1775.00% | 0.02x | 1.07x | $-87.80K |
| 2012 | -55.56% | 0.00% | 0.00x | 1.09x | $-70.80K |
| 2013 | -52.11% | -3700.00% | 0.01x | 1.13x | $-44.10K |
| 2014 | -153.57% | 0.00% | 0.00x | 1.54x | $-45.80K |
| 2015 | -21.43% | 0.00% | 0.00x | 1.00x | $-105.60K |
| 2016 | -15.07% | 0.00% | 0.00x | 1.01x | $-73.20K |
| 2017 | -20.16% | 0.00% | 0.00x | 1.01x | $-73.30K |
| 2018 | -41.28% | 0.00% | 0.00x | 1.11x | $-88.20K |
| 2019 | -49.57% | 0.00% | 0.00x | 1.07x | $-68.50K |
| 2020 | -88.52% | 0.00% | 0.00x | 1.10x | $-60.10K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.90K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-164.60K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-95.20K |
| 2024 | 0.00% | -342.00% | 1.89x | 0.00x | $-277.00K |
Industry Comparison
This section compares FCCC Inc'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 |
|---|---|---|---|---|
| FCCC Inc (FCIC) | $-669.00K | -22.09% | N/A | $6.92K |
| 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 |