AD4 Capital Corp.
AD4 Capital Corp. does not have significant operations. It focuses on the identification and evaluation of assets or businesses with a view to complete a qualifying transaction. AD4 Capital Corp. was incorporated in 2021 and is headquartered in North Vancouver, Canada.
AD4 Capital Corp. (ADJ-P) - Net Assets
Latest net assets as of October 2025: CA$525.38K CAD
Based on the latest financial reports, AD4 Capital Corp. (ADJ-P) has net assets worth CA$525.38K CAD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$567.98K) and total liabilities (CA$42.60K). 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 | CA$525.38K |
| % of Total Assets | 92.5% |
| Annual Growth Rate | 1.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.75 |
AD4 Capital Corp. - Net Assets Trend (2021–2025)
This chart illustrates how AD4 Capital 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 AD4 Capital Corp. (2021–2025)
The table below shows the annual net assets of AD4 Capital Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$525.38K | -16.44% |
| 2024-10-31 | CA$628.75K | -10.40% |
| 2023-10-31 | CA$701.70K | -10.99% |
| 2022-10-31 | CA$788.37K | +58.19% |
| 2021-10-31 | CA$498.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to AD4 Capital 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 43227500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$984.29K | 187.35% |
| Total Equity | CA$525.38K | 100.00% |
AD4 Capital Corp. Competitors by Market Cap
The table below lists competitors of AD4 Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
coinIX GmbH & Co. KGaA
DU:XCX
|
$10.45K |
|
Ping An Guangzhou Comm Invest Guanghe Expressway
SHE:180201
|
$10.45K |
|
POSTNL (TNTC.SG)
STU:TNTC
|
$10.45K |
|
RANK GROUP (RNKA.SG)
STU:RNKA
|
$10.46K |
|
DMVF3F
SA:DMVF3F
|
$10.44K |
|
NZX Ltd
BE:5NZ
|
$10.43K |
|
Digico Infrastructure REIT
AU:DGT
|
$10.43K |
|
E-World Co. Ltd.
KQ:084680
|
$10.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AD4 Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 628,752 to 525,375, a change of -103,377 (-16.4%).
- Net loss of 107,241 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-107.24K | -20.41% |
| Other Changes | CA$3.86K | +0.74% |
| Total Change | CA$- | -16.44% |
Book Value vs Market Value Analysis
This analysis compares AD4 Capital 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: 2.95x
- 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 2.11x to 2.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | CA$0.05 | CA$0.10 | x |
| 2022-10-31 | CA$0.05 | CA$0.10 | x |
| 2023-10-31 | CA$0.05 | CA$0.10 | x |
| 2024-10-31 | CA$0.04 | CA$0.10 | x |
| 2025-10-31 | CA$0.03 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AD4 Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-20.41%) is below the historical average (-17.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -24.05% | 0.00% | 0.00x | 1.03x | CA$-268.43K |
| 2023 | -13.42% | 0.00% | 0.00x | 1.03x | CA$-164.34K |
| 2024 | -12.79% | 0.00% | 0.00x | 1.06x | CA$-143.32K |
| 2025 | -20.41% | 0.00% | 0.00x | 1.08x | CA$-159.78K |
Industry Comparison
This section compares AD4 Capital Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $300,981
- Average return on equity (ROE) among peers: -17.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AD4 Capital Corp. (ADJ-P) | CA$525.38K | -24.05% | 0.08x | $10.44K |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |