Perception Capital Corp. IV
Perception Capital Corp. IV does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the critical minerals sector. The company was formerly known as RCF Acquisition Corp. Perception Capital Corp. IV was incorporated in 2021 and is based in Minneapolis, Minn… Read more
Perception Capital Corp. IV (RCFAF) - Net Assets
Latest net assets as of June 2024: $51.12 Million USD
Based on the latest financial reports, Perception Capital Corp. IV (RCFAF) has net assets worth $51.12 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($54.58 Million) and total liabilities ($3.46 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 | $51.12 Million |
| % of Total Assets | 93.66% |
| Annual Growth Rate | -51.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.98 |
Perception Capital Corp. IV - Net Assets Trend (2021–2023)
This chart illustrates how Perception Capital Corp. IV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Perception Capital Corp. IV (2021–2023)
The table below shows the annual net assets of Perception Capital Corp. IV from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $51.32 Million | -77.49% |
| 2022-12-31 | $228.04 Million | +6.46% |
| 2021-12-31 | $214.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Perception Capital Corp. IV'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 1539171900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $56.34 Million | 109.78% |
| Total Equity | $51.32 Million | 100.00% |
Perception Capital Corp. IV Competitors by Market Cap
The table below lists competitors of Perception Capital Corp. IV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E4U a.s.
PR:EFORU
|
$108.71K |
|
Yooma Wellness Inc
PINK:LVVEF
|
$108.72K |
|
LeonaBio, Inc.
NASDAQ:LONA
|
$108.88K |
|
AEON - Dusseldorf Stock Exchang
DU:JUS1
|
$108.88K |
|
OIL STATES INTL (OI2.SG)
STU:OI2
|
$108.69K |
|
PEARSON - Dusseldorf Stock Exchang
DU:PES
|
$108.56K |
|
FOMENTO CONSTR. (FCC.SG)
STU:FCC
|
$108.52K |
|
FORD MOTOR
BE:FMC1
|
$108.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perception Capital Corp. IV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 228,035,538 to 51,319,470, a change of -176,716,068 (-77.5%).
- Net income of 5,147,347 contributed positively to equity growth.
- Share repurchases of 195,400,571 reduced equity.
- Other factors increased equity by 13,537,156.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.15 Million | +10.03% |
| Share Repurchases | $195.40 Million | -380.75% |
| Other Changes | $13.54 Million | +26.38% |
| Total Change | $- | -77.49% |
Book Value vs Market Value Analysis
This analysis compares Perception Capital Corp. IV'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: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.54x to 2.35x 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 | $7.45 | $11.47 | x |
| 2022-12-31 | $7.93 | $11.47 | x |
| 2023-12-31 | $4.87 | $11.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perception Capital Corp. IV 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): 10.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (10.03%) is above the historical average (8.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 6.07% | 0.00% | 0.00x | 1.05x | $-8.96 Million |
| 2023 | 10.03% | 0.00% | 0.00x | 1.04x | $15.40K |
Industry Comparison
This section compares Perception Capital Corp. IV'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 |
|---|---|---|---|---|
| Perception Capital Corp. IV (RCFAF) | $51.12 Million | 6.07% | 0.07x | $108.69K |
| 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 |