Aster Acquisition Corp.
Aster Acquisition Corp. does not have significant operations. It focuses on the identification and evaluation of assets, properties, or businesses with a view to complete a qualifying transaction. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.
Aster Acquisition Corp. (ATR-P) - Net Assets
Latest net assets as of May 2025: CA$131.28K CAD
Based on the latest financial reports, Aster Acquisition Corp. (ATR-P) has net assets worth CA$131.28K CAD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$134.92K) and total liabilities (CA$3.63K). 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$131.28K |
| % of Total Assets | 97.31% |
| Annual Growth Rate | 1.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 48.09 |
Aster Acquisition Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Aster Acquisition 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 Aster Acquisition Corp. (2021–2024)
The table below shows the annual net assets of Aster Acquisition Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$157.75K | -25.25% |
| 2023-11-30 | CA$211.02K | -21.58% |
| 2022-11-30 | CA$269.08K | +78.56% |
| 2021-11-30 | CA$150.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aster Acquisition 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 21669600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$393.75K | 249.61% |
| Total Equity | CA$157.75K | 100.00% |
Aster Acquisition Corp. Competitors by Market Cap
The table below lists competitors of Aster Acquisition Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMAGE POWER S.A. ZY -10
F:7UQ
|
$66.49K |
|
BLUE WATER VACCIN.-00001
F:J4T
|
$66.52K |
|
Handok Inc.
KQ:002390
|
$66.53K |
|
EQTL3F
SA:EQTL3F
|
$66.55K |
|
ABP NOCIVELLI O.N.
F:9UZ
|
$66.38K |
|
CTKA4F
SA:CTKA4F
|
$66.38K |
|
Eonet
WAR:EON
|
$66.34K |
|
Trellidor Holdings Ltd
JSE:TRL
|
$66.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aster Acquisition Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 211,018 to 157,745, a change of -53,273 (-25.2%).
- Net loss of 53,273 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-53.27K | -33.77% |
| Total Change | CA$- | -25.25% |
Book Value vs Market Value Analysis
This analysis compares Aster Acquisition 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: 3.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.00x to 3.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-11-30 | CA$0.02 | CA$0.09 | x |
| 2022-11-30 | CA$0.04 | CA$0.09 | x |
| 2023-11-30 | CA$0.03 | CA$0.09 | x |
| 2024-11-30 | CA$0.02 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aster Acquisition Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -33.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-33.77%) is below the historical average (-28.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -12.81% | 0.00% | 0.00x | 1.13x | CA$-34.38K |
| 2022 | -39.16% | 0.00% | 0.00x | 1.04x | CA$-132.27K |
| 2023 | -27.52% | 0.00% | 0.00x | 1.05x | CA$-79.16K |
| 2024 | -33.77% | 0.00% | 0.00x | 1.08x | CA$-69.05K |
Industry Comparison
This section compares Aster Acquisition Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aster Acquisition Corp. (ATR-P) | CA$131.28K | -12.81% | 0.03x | $66.47K |
| 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 |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| 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 |