Technology & Telecommunication Acquisition Corporation
Technology & Telecommunication Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia. Technology & Telecommunication Acquisition Corporation … Read more
Technology & Telecommunication Acquisition Corporation (TETUF) - Net Assets
Latest net assets as of May 2025: $-2.40 Million USD
Based on the latest financial reports, Technology & Telecommunication Acquisition Corporation (TETUF) has net assets worth $-2.40 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.31 Million) and total liabilities ($9.71 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 | $-2.40 Million |
| % of Total Assets | -32.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.38 |
Technology & Telecommunication Acquisition Corporation - Net Assets Trend (2021–2024)
This chart illustrates how Technology & Telecommunication Acquisition Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Technology & Telecommunication Acquisition Corporation (2021–2024)
The table below shows the annual net assets of Technology & Telecommunication Acquisition Corporation from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $22.36 Million | -15.99% |
| 2023-11-30 | $26.61 Million | -76.74% |
| 2022-11-30 | $114.41 Million | +2353801.75% |
| 2021-11-30 | $-4.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Technology & Telecommunication Acquisition Corporation'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 930327000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $31.67 Million | 141.63% |
| Total Equity | $22.36 Million | 100.00% |
Technology & Telecommunication Acquisition Corporation Competitors by Market Cap
The table below lists competitors of Technology & Telecommunication Acquisition Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Savimex Corp
VN:SAV
|
$5.21 Million |
|
Tsodilo Resources Limited
OTCQB:TSDRF
|
$5.21 Million |
|
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
|
$5.21 Million |
|
Sin Heng Heavy Machinery Ltd
F:SNVA
|
$5.22 Million |
|
Stadio Holdings Ltd
JSE:SDO
|
$5.21 Million |
|
Pembangunan Jaya Ancol Tbk
JK:PJAA
|
$5.21 Million |
|
Theta Edge Bhd
KLSE:9075
|
$5.21 Million |
|
Argentina Lithium & Energy Corp
OTCQB:LILIF
|
$5.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technology & Telecommunication Acquisition Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,612,439 to 22,357,223, a change of -4,255,216 (-16.0%).
- Net income of 617,298 contributed positively to equity growth.
- Share repurchases of 4,872,514 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $617.30K | +2.76% |
| Share Repurchases | $4.87 Million | -21.79% |
| Total Change | $- | -15.99% |
Book Value vs Market Value Analysis
This analysis compares Technology & Telecommunication Acquisition Corporation'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: 2.98x
- 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 |
|---|---|---|---|
| 2021-11-30 | $0.00 | $11.16 | x |
| 2022-11-30 | $7.67 | $11.16 | x |
| 2023-11-30 | $4.17 | $11.16 | x |
| 2024-11-30 | $3.74 | $11.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technology & Telecommunication Acquisition Corporation 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): 2.76%
- 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: 1.42x
- Recent ROE (2.76%) is above the historical average (1.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.72% | 0.00% | 0.00x | 1.04x | $-10.62 Million |
| 2023 | 0.67% | 0.00% | 0.00x | 1.27x | $-2.48 Million |
| 2024 | 2.76% | 0.00% | 0.00x | 1.42x | $-1.62 Million |
Industry Comparison
This section compares Technology & Telecommunication Acquisition Corporation'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 |
|---|---|---|---|---|
| Technology & Telecommunication Acquisition Corporation (TETUF) | $-2.40 Million | 0.72% | N/A | $5.21 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 |