Chase Packaging Corp
Chase Packaging Corporation does not have significant operations. Previously, it was engaged in the manufacture of woven paper mesh for industrial applications; and polypropylene mesh fabric bags for agricultural use, as well as distributed agricultural packaging manufactured by other companies. It intends to secure a merger partner to go public or acquire private companies to create investment v… Read more
Chase Packaging Corp (WHLT) - Net Assets
Latest net assets as of September 2025: $232.28K USD
Based on the latest financial reports, Chase Packaging Corp (WHLT) has net assets worth $232.28K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($240.75K) and total liabilities ($8.47K). 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 | $232.28K |
| % of Total Assets | 96.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | -48.22% |
| 10-Year Change | -69.49% |
| Growth Volatility | 5.37 |
Chase Packaging Corp - Net Assets Trend (2005–2024)
This chart illustrates how Chase Packaging 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 Chase Packaging Corp (2005–2024)
The table below shows the annual net assets of Chase Packaging Corp from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $294.24K | -23.21% |
| 2023-12-31 | $383.19K | -13.06% |
| 2022-12-31 | $440.77K | -11.25% |
| 2021-12-31 | $496.66K | -12.59% |
| 2020-12-31 | $568.19K | -15.10% |
| 2019-12-31 | $669.23K | -11.08% |
| 2018-12-31 | $752.60K | -5.47% |
| 2017-12-31 | $796.19K | -6.75% |
| 2016-12-31 | $853.84K | -11.48% |
| 2015-12-31 | $964.55K | -8.20% |
| 2014-12-31 | $1.05 Million | -21.19% |
| 2013-12-31 | $1.33 Million | -5.09% |
| 2012-12-31 | $1.40 Million | -11.13% |
| 2010-12-31 | $1.58 Million | -5.30% |
| 2009-12-31 | $1.67 Million | -5.30% |
| 2008-12-31 | $1.76 Million | +4473.38% |
| 2007-12-31 | $-40.30K | +23.97% |
| 2006-12-31 | $-53.01K | -31.53% |
| 2005-12-31 | $-40.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chase Packaging 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 482768900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $619.00 | 0.21% |
| Other Components | $8.79 Million | 2987.25% |
| Total Equity | $294.24K | 100.00% |
Chase Packaging Corp Competitors by Market Cap
The table below lists competitors of Chase Packaging Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1000MERCIS INH. EO-10
F:2PL
|
$2.54 Million |
|
CCH Holdings Ltd Ordinary Shares
NASDAQ:CCHH
|
$2.54 Million |
|
YB Ventures Bhd
KLSE:5048
|
$2.54 Million |
|
Unity Biotechnology Inc
NASDAQ:UBX
|
$2.54 Million |
|
ESKER (EKE.SG)
STU:EKE
|
$2.54 Million |
|
Medicure Inc
PINK:MCUJF
|
$2.54 Million |
|
Rincon Resources Ltd
AU:RCR
|
$2.54 Million |
|
CHINA FORTUNE HLDG.HD001
F:FTQ0
|
$2.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chase Packaging Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 383,186 to 294,237, a change of -88,949 (-23.2%).
- Net loss of 88,949 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-88.95K | -30.23% |
| Total Change | $- | -23.21% |
Book Value vs Market Value Analysis
This analysis compares Chase Packaging 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: 12.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.00 | $0.06 | x |
| 2006-12-31 | $-0.01 | $0.06 | x |
| 2007-12-31 | $0.00 | $0.06 | x |
| 2008-12-31 | $0.11 | $0.06 | x |
| 2009-12-31 | $0.11 | $0.06 | x |
| 2010-12-31 | $0.10 | $0.06 | x |
| 2012-12-31 | $0.09 | $0.06 | x |
| 2013-12-31 | $0.09 | $0.06 | x |
| 2014-12-31 | $0.07 | $0.06 | x |
| 2015-12-31 | $0.06 | $0.06 | x |
| 2016-12-31 | $0.05 | $0.06 | x |
| 2017-12-31 | $0.05 | $0.06 | x |
| 2018-12-31 | $0.05 | $0.06 | x |
| 2019-12-31 | $0.01 | $0.06 | x |
| 2020-12-31 | $0.01 | $0.06 | x |
| 2021-12-31 | $0.01 | $0.06 | x |
| 2022-12-31 | $0.01 | $0.06 | x |
| 2023-12-31 | $0.01 | $0.06 | x |
| 2024-12-31 | $0.00 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chase Packaging 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): -30.23%
- 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: 1.01x
- Recent ROE (-30.23%) is above the historical average (-36.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.60K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.41K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.60K |
| 2008 | -10.00% | 0.00% | 0.00x | 1.00x | $-352.43K |
| 2009 | -5.52% | 0.00% | 0.00x | 1.00x | $-259.07K |
| 2010 | -5.52% | 0.00% | 0.00x | 1.00x | $-245.34K |
| 2012 | -6.31% | 0.00% | 0.00x | 1.06x | $-229.09K |
| 2013 | -5.45% | 0.00% | 0.00x | 1.00x | $-206.00K |
| 2014 | -15.04% | 0.00% | 0.00x | 1.01x | $-263.14K |
| 2015 | -10.46% | 0.00% | -0.02x | 1.01x | $-197.31K |
| 2016 | -12.97% | 0.00% | 0.00x | 1.01x | $-196.10K |
| 2017 | -11.19% | 0.00% | 0.00x | 1.01x | $-168.74K |
| 2018 | -5.79% | 0.00% | 0.00x | 1.00x | $-118.85K |
| 2019 | -109.68% | 0.00% | 0.00x | 1.01x | $-800.91K |
| 2020 | -33.44% | 0.00% | 0.00x | 1.00x | $-246.84K |
| 2021 | -306.51% | 0.00% | 0.00x | 1.00x | $-1.57 Million |
| 2022 | -11.72% | 0.00% | 0.00x | 1.00x | $-95.74K |
| 2023 | -105.18% | 0.00% | 0.00x | 1.01x | $-441.35K |
| 2024 | -30.23% | 0.00% | 0.00x | 1.01x | $-118.37K |
Industry Comparison
This section compares Chase Packaging 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 |
|---|---|---|---|---|
| Chase Packaging Corp (WHLT) | $232.28K | 0.00% | 0.04x | $2.54 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 |