Wittering Capital Corp.
Wittering Capital Corp. does not have significant operations. The company intends to identify, evaluate, and acquire assets, properties, or businesses which would constitute a qualifying transaction. Wittering Capital Corp. was incorporated in 2021 and is based in Vancouver, Canada.
Wittering Capital Corp. (WITT-P) - Net Assets
Latest net assets as of October 2025: CA$276.43K CAD
Based on the latest financial reports, Wittering Capital Corp. (WITT-P) has net assets worth CA$276.43K 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$285.86K) and total liabilities (CA$9.44K). 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$276.43K |
| % of Total Assets | 96.7% |
| Annual Growth Rate | 10.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.52 |
Wittering Capital Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Wittering 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 Wittering Capital Corp. (2021–2025)
The table below shows the annual net assets of Wittering Capital Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$286.25K | -7.57% |
| 2024-07-31 | CA$309.70K | -7.86% |
| 2023-07-31 | CA$336.12K | -8.80% |
| 2022-07-31 | CA$368.56K | +92.41% |
| 2021-07-31 | CA$191.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wittering 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 17590500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$463.11K | 161.78% |
| Total Equity | CA$286.25K | 100.00% |
Wittering Capital Corp. Competitors by Market Cap
The table below lists competitors of Wittering Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Hash Corporation
PINK:REZNF
|
$84.13K |
|
Pioneer Municipal High Income Trust
NYSE:MHI
|
$84.27K |
|
Puig Brands SA
NYSE:PUGBY
|
$84.27K |
|
SUZB3F
SA:SUZB3F
|
$84.30K |
|
Penta-Ocean Construction Co. Ltd
BE:PO6
|
$84.07K |
|
ECOTEL COMMUNCAT - Dusseldorf Stock Exchang
DU:E4C
|
$84.05K |
|
PITNEY BOWES - Dusseldorf Stock Exchang
DU:PBW
|
$84.01K |
|
EVOLUTION MIN
MU:WE7
|
$83.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wittering Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 309,702 to 286,251, a change of -23,451 (-7.6%).
- Net loss of 23,451 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-23.45K | -8.19% |
| Total Change | CA$- | -7.57% |
Book Value vs Market Value Analysis
This analysis compares Wittering 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: 1.47x
- 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 2.19x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-07-31 | CA$0.03 | CA$0.06 | x |
| 2022-07-31 | CA$0.05 | CA$0.06 | x |
| 2023-07-31 | CA$0.05 | CA$0.06 | x |
| 2024-07-31 | CA$0.04 | CA$0.06 | x |
| 2025-07-31 | CA$0.04 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wittering Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (-8.19%) is above the historical average (-10.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.50% | 0.00% | 0.00x | 1.00x | CA$-20.11K |
| 2022 | -25.39% | 0.00% | 0.00x | 1.00x | CA$-130.45K |
| 2023 | -9.65% | 0.00% | 0.00x | 1.00x | CA$-66.06K |
| 2024 | -8.53% | 0.00% | 0.00x | 1.01x | CA$-57.38K |
| 2025 | -8.19% | 0.00% | 0.00x | 1.00x | CA$-52.08K |
Industry Comparison
This section compares Wittering 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 |
|---|---|---|---|---|
| Wittering Capital Corp. (WITT-P) | CA$276.43K | -0.50% | 0.03x | $84.09K |
| 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 |