Ocean Shore Capital Corp.
Ocean Shore Capital Corp. does not have significant operation. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was formerly known as Black Lion Capital (II) Corporation and changed its name to Ocean Shore Capital Corp. in June 2021. Ocean Shore Capital Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.
Ocean Shore Capital Corp. (OCAP-P) - Net Assets
Latest net assets as of December 2025: CA$248.34K CAD
Based on the latest financial reports, Ocean Shore Capital Corp. (OCAP-P) has net assets worth CA$248.34K CAD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$250.76K) and total liabilities (CA$2.42K). 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$248.34K |
| % of Total Assets | 99.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.99 |
Ocean Shore Capital Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Ocean Shore 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 Ocean Shore Capital Corp. (2021–2024)
The table below shows the annual net assets of Ocean Shore Capital Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$305.80K | -15.47% |
| 2023-06-30 | CA$361.77K | -17.45% |
| 2022-06-30 | CA$438.24K | +3943.55% |
| 2021-06-30 | CA$-11.40K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean Shore 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 26147700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$578.68K | 189.23% |
| Total Equity | CA$305.80K | 100.00% |
Ocean Shore Capital Corp. Competitors by Market Cap
The table below lists competitors of Ocean Shore Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mountain & Co. I Acquisition Corp. Warrant
NASDAQ:MCAAW
|
$87.99K |
|
DOJE
BATS:DOJE
|
$88.02K |
|
LIFESAFE HOLDINGS LS-01
F:JZ3
|
$88.03K |
|
THE CONT STORE
BE:36C
|
$88.04K |
|
Invesco Advantage MIT II
NYSE MKT:VKI
|
$87.74K |
|
Fjordland Exploration Inc
PINK:FEXXF
|
$87.71K |
|
Micro2Nano Inc.
KO:424980
|
$87.66K |
|
Vegano Foods Inc.
PINK:VAGNF
|
$87.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean Shore Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 361,767 to 305,804, a change of -55,963 (-15.5%).
- Net loss of 55,963 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-55.96K | -18.3% |
| Total Change | CA$- | -15.47% |
Book Value vs Market Value Analysis
This analysis compares Ocean Shore 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: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | CA$0.00 | CA$0.04 | x |
| 2022-06-30 | CA$0.06 | CA$0.04 | x |
| 2023-06-30 | CA$0.05 | CA$0.04 | x |
| 2024-06-30 | CA$0.04 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean Shore Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -18.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-18.30%) is below the historical average (-17.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-10.26K |
| 2022 | -29.44% | 0.00% | 0.00x | 1.07x | CA$-172.86K |
| 2023 | -21.14% | 0.00% | 0.00x | 1.07x | CA$-112.65K |
| 2024 | -18.30% | 0.00% | 0.00x | 1.07x | CA$-86.54K |
Industry Comparison
This section compares Ocean Shore Capital 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 |
|---|---|---|---|---|
| Ocean Shore Capital Corp. (OCAP-P) | CA$248.34K | 0.00% | 0.01x | $87.87K |
| 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 |