Generation Development Group Ltd
Generation Development Group Limited engages in the diversified financial service business in Australia. The company operates through Benefit Funds Management and Funds Administration; Investment solutions, Research and Ratings; and Managed Account Businesses segments. It provides management and administration services to institutional clients; and connects financial advisers, fund managers, and … Read more
Generation Development Group Ltd (GDG) - Net Assets
Latest net assets as of December 2025: AU$709.38 Million AUD
Based on the latest financial reports, Generation Development Group Ltd (GDG) has net assets worth AU$709.38 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.29 Billion) and total liabilities (AU$5.58 Billion). 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 | AU$709.38 Million |
| % of Total Assets | 11.28% |
| Annual Growth Rate | 24.8% |
| 5-Year Change | 1261.12% |
| 10-Year Change | 8092.22% |
| Growth Volatility | 91.59 |
Generation Development Group Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Generation Development Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Generation Development Group Ltd (2004–2025)
The table below shows the annual net assets of Generation Development Group Ltd from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$700.35 Million | +231.32% |
| 2024-06-30 | AU$211.38 Million | +257.97% |
| 2023-06-30 | AU$59.05 Million | +2.96% |
| 2022-06-30 | AU$57.35 Million | +11.46% |
| 2021-06-30 | AU$51.45 Million | +196.21% |
| 2020-06-30 | AU$17.37 Million | -15.98% |
| 2019-06-30 | AU$20.67 Million | +22.45% |
| 2018-06-30 | AU$16.88 Million | +51.28% |
| 2017-06-30 | AU$11.16 Million | +30.55% |
| 2016-06-30 | AU$8.55 Million | +0.87% |
| 2015-06-30 | AU$8.47 Million | -11.68% |
| 2014-06-30 | AU$9.60 Million | -20.11% |
| 2013-06-30 | AU$12.01 Million | -8.10% |
| 2012-06-30 | AU$13.07 Million | -52.98% |
| 2011-06-30 | AU$27.80 Million | +4.88% |
| 2010-06-30 | AU$26.50 Million | -3.11% |
| 2009-06-30 | AU$27.36 Million | -44.95% |
| 2008-06-30 | AU$49.69 Million | -10.63% |
| 2007-06-30 | AU$55.60 Million | +103.42% |
| 2006-06-30 | AU$27.33 Million | +34.28% |
| 2005-06-30 | AU$20.36 Million | +204.67% |
| 2004-06-30 | AU$6.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Generation Development Group Ltd'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 1576.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$699.84 Million | 99.93% |
| Other Comprehensive Income | AU$73.35 Million | 10.47% |
| Total Equity | AU$700.35 Million | 100.00% |
Generation Development Group Ltd Competitors by Market Cap
The table below lists competitors of Generation Development Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Workspace Group plc
PINK:WKPPF
|
$776.67 Million |
|
Sensirion Holding AG
SW:SENS
|
$776.75 Million |
|
SpartanNash Company
F:SRJ
|
$777.16 Million |
|
IntegraFin Holdings plc
PINK:IHPGF
|
$777.24 Million |
|
EMPLOYERS HLDGS DL -01
F:YGB
|
$776.36 Million |
|
Lafarge Malayan Cement Bhd
KLSE:3794
|
$776.34 Million |
|
Paul Hartmann AG
F:PHH2
|
$776.29 Million |
|
Myers Industries Inc
NYSE:MYE
|
$776.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Generation Development Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 211,383,000 to 700,353,000, a change of 488,970,000 (231.3%).
- Net income of 38,247,000 contributed positively to equity growth.
- Dividend payments of 9,117,000 reduced retained earnings.
- Share repurchases of 8,677,000 reduced equity.
- New share issuances of 312,913,000 increased equity.
- Other comprehensive income increased equity by 21,229,000.
- Other factors increased equity by 134,375,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$38.25 Million | +5.46% |
| Dividends Paid | AU$9.12 Million | -1.3% |
| Share Repurchases | AU$8.68 Million | -1.24% |
| Share Issuances | AU$312.91 Million | +44.68% |
| Other Comprehensive Income | AU$21.23 Million | +3.03% |
| Other Changes | AU$134.38 Million | +19.19% |
| Total Change | AU$- | 231.32% |
Book Value vs Market Value Analysis
This analysis compares Generation Development Group Ltd'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: 1.82x
- 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 9.73x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.40 | AU$3.87 | x |
| 2009-06-30 | AU$0.22 | AU$3.87 | x |
| 2010-06-30 | AU$0.21 | AU$3.87 | x |
| 2011-06-30 | AU$0.22 | AU$3.87 | x |
| 2012-06-30 | AU$0.10 | AU$3.87 | x |
| 2013-06-30 | AU$0.10 | AU$3.87 | x |
| 2014-06-30 | AU$0.08 | AU$3.87 | x |
| 2015-06-30 | AU$0.07 | AU$3.87 | x |
| 2016-06-30 | AU$0.07 | AU$3.87 | x |
| 2017-06-30 | AU$0.09 | AU$3.87 | x |
| 2018-06-30 | AU$0.14 | AU$3.87 | x |
| 2019-06-30 | AU$0.16 | AU$3.87 | x |
| 2020-06-30 | AU$0.14 | AU$3.87 | x |
| 2021-06-30 | AU$0.31 | AU$3.87 | x |
| 2022-06-30 | AU$0.31 | AU$3.87 | x |
| 2023-06-30 | AU$0.31 | AU$3.87 | x |
| 2024-06-30 | AU$1.07 | AU$3.87 | x |
| 2025-06-30 | AU$2.13 | AU$3.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Generation Development Group Ltd 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): 5.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 386.14%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 7.87x
- Recent ROE (5.46%) is below the historical average (5.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 79.51% | 20.01% | 0.31x | 12.97x | AU$3.70 Million |
| 2005 | 55.33% | 16.22% | 0.54x | 6.29x | AU$6.08 Million |
| 2006 | 65.03% | 27.36% | 0.42x | 5.68x | AU$15.04 Million |
| 2007 | 28.68% | 24.51% | 0.22x | 5.42x | AU$10.03 Million |
| 2008 | 0.24% | 0.16% | 0.28x | 5.52x | AU$-4.85 Million |
| 2009 | -76.51% | 0.00% | 0.00x | 7.92x | AU$-23.67 Million |
| 2010 | -22.06% | -13.02% | 0.21x | 8.12x | AU$-8.50 Million |
| 2011 | 16.31% | 10.11% | 0.16x | 9.80x | AU$1.76 Million |
| 2012 | -122.61% | -99.99% | 0.05x | 24.61x | AU$-17.33 Million |
| 2013 | 43.26% | 114.98% | 0.01x | 32.78x | AU$3.99 Million |
| 2014 | -4.52% | -7.41% | 0.01x | 52.05x | AU$-1.39 Million |
| 2015 | -8.63% | -10.40% | 0.01x | 71.71x | AU$-1.58 Million |
| 2016 | 25.01% | 27.96% | 0.01x | 76.72x | AU$1.28 Million |
| 2017 | 1.79% | 2.38% | 0.01x | 66.48x | AU$-916.10K |
| 2018 | 2.30% | 0.58% | 0.07x | 54.43x | AU$-1.30 Million |
| 2019 | 25.57% | 6.43% | 0.07x | 53.95x | AU$3.22 Million |
| 2020 | -9.42% | -2.87% | 0.04x | 76.39x | AU$-3.37 Million |
| 2021 | 4.92% | 2.24% | 0.06x | 37.17x | AU$-2.61 Million |
| 2022 | 3.31% | 2.05% | 0.04x | 39.24x | AU$-3.83 Million |
| 2023 | 7.62% | 7.63% | 0.02x | 46.48x | AU$-1.41 Million |
| 2024 | 2.76% | 1.77% | 0.09x | 17.29x | AU$-15.30 Million |
| 2025 | 5.46% | 386.14% | 0.00x | 7.87x | AU$-31.79 Million |
Industry Comparison
This section compares Generation Development Group Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Generation Development Group Ltd (GDG) | AU$709.38 Million | 79.51% | 7.86x | $776.64 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |