Pender Street Capital Corp.
Pender Street Capital Corp. does not have significant operations. It intends to identify and evaluate businesses or assets with a view to complete a qualifying transaction. The company was incorporated in 2021 and is headquartered in West Vancouver, Canada.
Pender Street Capital Corp. (PCP-P) - Net Assets
Latest net assets as of September 2025: CA$145.95K CAD
Based on the latest financial reports, Pender Street Capital Corp. (PCP-P) has net assets worth CA$145.95K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$174.60K) and total liabilities (CA$28.66K). 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$145.95K |
| % of Total Assets | 83.59% |
| Annual Growth Rate | 0.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.97 |
Pender Street Capital Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Pender Street 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 Pender Street Capital Corp. (2021–2025)
The table below shows the annual net assets of Pender Street Capital Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$145.95K | -19.23% |
| 2024-09-30 | CA$180.70K | -13.52% |
| 2023-09-30 | CA$208.96K | -13.97% |
| 2022-09-30 | CA$242.91K | +67.33% |
| 2021-09-30 | CA$145.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pender Street 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 19862100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$348.77K | 238.97% |
| Total Equity | CA$145.95K | 100.00% |
Pender Street Capital Corp. Competitors by Market Cap
The table below lists competitors of Pender Street Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NINE DRAGONS PAPER
MU:N3Y
|
$8.92K |
|
Lion Capital S.A.
RO:LION
|
$8.92K |
|
Ha Noi Education Development And Investment JSC
VN:EID
|
$8.92K |
|
Journeo PLC
LSE:JNEO
|
$8.92K |
|
THC Therapeutics Inc
PINK:THCT
|
$8.92K |
|
Cabo Drilling Corp
PINK:CBEEF
|
$8.91K |
|
Attock Cement Pakistan Ltd
KAR:ACPL
|
$8.90K |
|
Fortune Valley Treasures Inc
PINK:FVTI
|
$8.90K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pender Street Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 180,704 to 145,946, a change of -34,758 (-19.2%).
- Net loss of 34,758 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-34.76K | -23.82% |
| Total Change | CA$- | -19.23% |
Book Value vs Market Value Analysis
This analysis compares Pender Street 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: 5.14x
- 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 |
|---|---|---|---|
| 2021-09-30 | CA$0.02 | CA$0.13 | x |
| 2022-09-30 | CA$0.04 | CA$0.13 | x |
| 2023-09-30 | CA$0.03 | CA$0.13 | x |
| 2024-09-30 | CA$0.03 | CA$0.13 | x |
| 2025-09-30 | CA$0.02 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pender Street Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.20x
- Recent ROE (-23.82%) is above the historical average (-24.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -41.85% | 0.00% | 0.00x | 1.03x | CA$-125.95K |
| 2023 | -16.24% | 0.00% | 0.00x | 1.07x | CA$-54.84K |
| 2024 | -15.64% | 0.00% | 0.00x | 1.08x | CA$-46.33K |
| 2025 | -23.82% | 0.00% | 0.00x | 1.20x | CA$-49.35K |
Industry Comparison
This section compares Pender Street 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 |
|---|---|---|---|---|
| Pender Street Capital Corp. (PCP-P) | CA$145.95K | -41.85% | 0.20x | $8.92K |
| 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 |