AF2 Capital Corp
AF2 Capital Corp. does not have significant operations. The company intends to identify, evaluate, and acquisition of assets, properties, or businesses with a view to complete a qualifying transaction. AF2 Capital Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.
AF2 Capital Corp (AF-P) - Net Assets
Latest net assets as of November 2025: CA$58.54K CAD
Based on the latest financial reports, AF2 Capital Corp (AF-P) has net assets worth CA$58.54K CAD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$113.18K) and total liabilities (CA$54.64K). 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$58.54K |
| % of Total Assets | 51.72% |
| Annual Growth Rate | 10.85% |
| 5-Year Change | -47.99% |
| 10-Year Change | N/A |
| Growth Volatility | 94.78 |
AF2 Capital Corp - Net Assets Trend (2020–2025)
This chart illustrates how AF2 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 AF2 Capital Corp (2020–2025)
The table below shows the annual net assets of AF2 Capital Corp from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$125.52K | -18.49% |
| 2024-08-31 | CA$153.99K | -10.45% |
| 2023-08-31 | CA$171.96K | -20.37% |
| 2022-08-31 | CA$215.94K | -10.52% |
| 2021-08-31 | CA$241.33K | +221.77% |
| 2020-08-31 | CA$75.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to AF2 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 23222900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$382.75K | 304.92% |
| Total Equity | CA$125.52K | 100.00% |
AF2 Capital Corp Competitors by Market Cap
The table below lists competitors of AF2 Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOC CO LTD
MU:T3O
|
$45.30K |
|
Foncière Vindi Société Anonyme
PA:MLVIN
|
$45.32K |
|
Easy Bio Inc.
KO:353810
|
$45.33K |
|
Winamp Group SA
PA:ALPET
|
$45.36K |
|
PANNERGY PLC
BUD:PERGY
|
$45.25K |
|
Wonbiogen Co. Ltd.
KO:307280
|
$45.24K |
|
HGCAPITAL TRUST LS-025
F:5AC
|
$45.23K |
|
DaikyoNishikawa Corp
F:DK8
|
$45.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AF2 Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 153,993 to 125,524, a change of -28,469 (-18.5%).
- Net loss of 28,469 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-28.47K | -22.68% |
| Total Change | CA$- | -18.49% |
Book Value vs Market Value Analysis
This analysis compares AF2 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: 2.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.33x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | CA$0.02 | CA$0.07 | x |
| 2021-08-31 | CA$0.05 | CA$0.07 | x |
| 2022-08-31 | CA$0.04 | CA$0.07 | x |
| 2023-08-31 | CA$0.03 | CA$0.07 | x |
| 2024-08-31 | CA$0.03 | CA$0.07 | x |
| 2025-08-31 | CA$0.03 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AF2 Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.19x
- Recent ROE (-22.68%) is above the historical average (-25.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -33.33% | 0.00% | 0.00x | 1.33x | CA$-32.50K |
| 2021 | -48.24% | 0.00% | 0.00x | 1.03x | CA$-140.56K |
| 2022 | -11.76% | 0.00% | 0.00x | 1.06x | CA$-46.98K |
| 2023 | -25.58% | 0.00% | 0.00x | 1.14x | CA$-61.18K |
| 2024 | -11.67% | 0.00% | 0.00x | 1.11x | CA$-33.36K |
| 2025 | -22.68% | 0.00% | 0.00x | 1.19x | CA$-41.02K |
Industry Comparison
This section compares AF2 Capital Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $403,044
- Average return on equity (ROE) among peers: -16.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AF2 Capital Corp (AF-P) | CA$58.54K | -33.33% | 0.93x | $45.26K |
| First Tidal Acquisition Corp. (AAA-P) | $358.43K | -15.86% | 0.05x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $226.48K | -28.59% | 0.10x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $525.38K | -20.41% | 0.08x | $10.44K |
| AIM5 Ventures Inc (AIME-P) | $390.21K | 0.00% | 0.05x | $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) | $319.82K | -20.40% | 0.20x | $13.43K |
| Altina Capital Corp (ALTN-P) | $125.00K | 0.00% | 0.04x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $389.45K | -7.24% | 0.03x | $54.31K |