GLG Corp Ltd

AU:GLE Australia Apparel Manufacturing
Market Cap
$5.28 Million
AU$8.52 Million AUD
Market Cap Rank
#37279 Global
#1437 in Australia
Share Price
AU$0.12
Change (1 day)
+0.00%
52-Week Range
AU$0.10 - AU$0.17
All Time High
AU$0.51
Categories
Companies in Australia Apparel Manufacturing
About

GLG Corp Ltd engages in the manufacture, supply, and wholesale of knitwear, apparel, garments, and accessories in India, Hong Kong, Malaysia, Canada, Europe, Japan, Singapore, the United States, Cambodia, Malaysia, and internationally. The company operates through two segments, Fabric and Garments. The company offers ready to wear, casual active, performance, sleepwear, menswear, children's wear,… Read more

GLG Corp Ltd (GLE) - Net Assets

Latest net assets as of June 2025: AU$51.04 Million AUD

Based on the latest financial reports, GLG Corp Ltd (GLE) has net assets worth AU$51.04 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$91.97 Million) and total liabilities (AU$40.93 Million). 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$51.04 Million
% of Total Assets 55.5%
Annual Growth Rate 45.06%
5-Year Change 22.71%
10-Year Change -12.79%
Growth Volatility 10615.07

GLG Corp Ltd - Net Assets Trend (2005–2025)

This chart illustrates how GLG Corp 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 GLG Corp Ltd (2005–2025)

The table below shows the annual net assets of GLG Corp Ltd from 2005 to 2025.

Year Net Assets Change
2025-06-30 AU$51.04 Million -1.13%
2024-06-30 AU$51.62 Million -6.67%
2023-06-30 AU$55.31 Million -6.33%
2022-06-30 AU$59.05 Million +41.96%
2021-06-30 AU$41.60 Million +11.97%
2020-06-30 AU$37.15 Million +3.68%
2019-06-30 AU$35.83 Million -3.36%
2018-06-30 AU$37.08 Million +2.86%
2017-06-30 AU$36.05 Million -38.41%
2016-06-30 AU$58.53 Million +38.41%
2015-06-30 AU$42.29 Million -14.20%
2014-06-30 AU$49.28 Million +10.11%
2013-06-30 AU$44.76 Million -2.36%
2012-06-30 AU$45.84 Million +13.44%
2011-06-30 AU$40.41 Million +36.69%
2010-06-30 AU$29.56 Million +36.15%
2009-06-30 AU$21.71 Million -10.07%
2008-06-30 AU$24.14 Million +21.03%
2007-06-30 AU$19.95 Million +36.22%
2006-06-30 AU$14.64 Million +48714.12%
2005-06-30 AU$30.00K --

Equity Component Analysis

This analysis shows how different components contribute to GLG Corp 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 grown by 14131.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$51.94 Million 101.76%
Common Stock AU$10.32 Million 20.22%
Other Comprehensive Income AU$-11.22 Million -21.98%
Total Equity AU$51.04 Million 100.00%

GLG Corp Ltd Competitors by Market Cap

The table below lists competitors of GLG Corp Ltd ranked by their market capitalization.

Company Market Cap
Augwind Energy Tech Storage Ltd
TA:AUGN
 		$559.60K
Newbury Pharmaceuticals AB
ST:NEWBRY
 		$559.69K
STERICYCLE
MU:SY9
 		$560.05K
SRIVARU Holding Limited Warrant
NASDAQ:SVMHW
 		$560.65K
Dominion Income Trust 1
AU:DN1
 		$557.17K
FIRST SENSOR
BE:SIS
 		$557.09K
AXIS SP GDR REG-S (UZC.SG)
STU:UZC
 		$557.07K
Binakarya Jaya Abadi Tbk PT
JK:BIKA
 		$556.90K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GLG Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 51,625,000 to 51,044,000, a change of -581,000 (-1.1%).
  • Net loss of 1,350,000 reduced equity.
  • Other comprehensive income increased equity by 1,321,000.
  • Other factors decreased equity by 552,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.35 Million -2.64%
Other Comprehensive Income AU$1.32 Million +2.59%
Other Changes AU$-552.00K -1.08%
Total Change AU$- -1.13%

Book Value vs Market Value Analysis

This analysis compares GLG Corp 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: 0.17x
  • 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.
  • The price-to-book ratio has decreased from 0.53x to 0.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-06-30 AU$0.22 AU$0.12 x
2007-06-30 AU$0.27 AU$0.12 x
2008-06-30 AU$0.33 AU$0.12 x
2009-06-30 AU$0.29 AU$0.12 x
2010-06-30 AU$0.40 AU$0.12 x
2011-06-30 AU$0.55 AU$0.12 x
2012-06-30 AU$0.62 AU$0.12 x
2013-06-30 AU$0.60 AU$0.12 x
2014-06-30 AU$0.67 AU$0.12 x
2015-06-30 AU$0.57 AU$0.12 x
2016-06-30 AU$0.79 AU$0.12 x
2017-06-30 AU$0.49 AU$0.12 x
2018-06-30 AU$0.50 AU$0.12 x
2019-06-30 AU$0.48 AU$0.12 x
2020-06-30 AU$0.50 AU$0.12 x
2021-06-30 AU$0.56 AU$0.12 x
2022-06-30 AU$0.80 AU$0.12 x
2023-06-30 AU$0.75 AU$0.12 x
2024-06-30 AU$0.70 AU$0.12 x
2025-06-30 AU$0.69 AU$0.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GLG Corp 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): -2.64%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.22%
  • • Asset Turnover: 1.20x
  • • Equity Multiplier: 1.80x
  • Recent ROE (-2.64%) is below the historical average (1226.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 25536.67% 3.91% 8.03x 813.87x AU$7.66 Million
2006 46.79% 4.65% 6.30x 1.60x AU$5.39 Million
2007 40.38% 4.28% 7.24x 1.30x AU$6.06 Million
2008 25.15% 3.01% 6.71x 1.24x AU$3.66 Million
2009 7.67% 1.06% 5.59x 1.30x AU$-506.05K
2010 22.58% 4.01% 4.46x 1.26x AU$3.72 Million
2011 7.16% 1.13% 3.99x 1.58x AU$-1.15 Million
2012 16.61% 3.18% 2.75x 1.90x AU$3.03 Million
2013 6.43% 1.35% 2.46x 1.93x AU$-1.60 Million
2014 7.70% 1.78% 2.45x 1.76x AU$-1.13 Million
2015 5.66% 1.75% 1.77x 1.83x AU$-1.83 Million
2016 3.72% 1.71% 1.31x 1.66x AU$-3.67 Million
2017 8.90% 2.69% 1.12x 2.95x AU$-395.29K
2018 4.75% 1.33% 1.06x 3.38x AU$-1.95 Million
2019 0.89% 0.26% 1.01x 3.38x AU$-3.27 Million
2020 10.26% 3.09% 1.24x 2.69x AU$95.97K
2021 5.44% 1.23% 1.62x 2.73x AU$-1.90 Million
2022 8.78% 2.60% 1.36x 2.49x AU$-721.10K
2023 -3.53% -1.68% 1.01x 2.08x AU$-7.48 Million
2024 -7.14% -3.16% 1.16x 1.94x AU$-8.85 Million
2025 -2.64% -1.22% 1.20x 1.80x AU$-6.45 Million

Industry Comparison

This section compares GLG Corp Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $130,926,483
  • Average return on equity (ROE) among peers: 0.01%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
GLG Corp Ltd (GLE) AU$51.04 Million 25536.67% 0.80x $557.19K
Globe International Ltd (GLB) $136.15 Million -43.85% 0.25x $9.78 Million
KMD Brands Ltd (KMD) $254.93 Million 15.32% 0.33x $57.83 Million
Merino & Co. Ltd (MNC) $1.70 Million 28.54% 3.14x $1.85 Million