GLG Corp Ltd (GLE) - Net Assets

Latest as of June 2025: AU$51.04 Million AUD ≈ $36.12 Million USD

Based on the latest financial reports, GLG Corp Ltd (GLE) has net assets worth AU$51.04 Million AUD (≈ $36.12 Million USD) 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 ≈ $65.08 Million USD) and total liabilities (AU$40.93 Million ≈ $28.96 Million USD). 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. Check financial resilience of GLG Corp Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore GLE total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see GLG Corp Ltd market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$51.04 Million ≈ $36.12 Million	-1.13%
2024-06-30	AU$51.62 Million ≈ $36.53 Million	-6.67%
2023-06-30	AU$55.31 Million ≈ $39.14 Million	-6.33%
2022-06-30	AU$59.05 Million ≈ $41.78 Million	+41.96%
2021-06-30	AU$41.60 Million ≈ $29.43 Million	+11.97%
2020-06-30	AU$37.15 Million ≈ $26.29 Million	+3.68%
2019-06-30	AU$35.83 Million ≈ $25.35 Million	-3.36%
2018-06-30	AU$37.08 Million ≈ $26.24 Million	+2.86%
2017-06-30	AU$36.05 Million ≈ $25.51 Million	-38.41%
2016-06-30	AU$58.53 Million ≈ $41.41 Million	+38.41%
2015-06-30	AU$42.29 Million ≈ $29.92 Million	-14.20%
2014-06-30	AU$49.28 Million ≈ $34.87 Million	+10.11%
2013-06-30	AU$44.76 Million ≈ $31.67 Million	-2.36%
2012-06-30	AU$45.84 Million ≈ $32.43 Million	+13.44%
2011-06-30	AU$40.41 Million ≈ $28.59 Million	+36.69%
2010-06-30	AU$29.56 Million ≈ $20.92 Million	+36.15%
2009-06-30	AU$21.71 Million ≈ $15.36 Million	-10.07%
2008-06-30	AU$24.14 Million ≈ $17.08 Million	+21.03%
2007-06-30	AU$19.95 Million ≈ $14.11 Million	+36.22%
2006-06-30	AU$14.64 Million ≈ $10.36 Million	+48714.12%
2005-06-30	AU$30.00K ≈ $21.23K	--

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
Kandal M Venture Limited Class A Ordinary Shares NASDAQ:FMFC	$6.03 Million
NEPRA FOODS INC. F:2P6	$6.04 Million
Henderson Far East Income Ltd LSE:HFEL	$6.05 Million
Torr Metals Inc V:TMET	$6.06 Million
Woodlandor Holdings Bhd KLSE:7025	$6.03 Million
TGS Esports Inc V:TGS	$6.03 Million
Strike Resources Ltd AU:SRK	$6.02 Million
THOR MNG CUFS/1LS- 00001 F:T5MB	$6.02 Million

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: $30,366,352
Average return on equity (ROE) among peers: -17.15%

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	$6.03 Million
Globe International Ltd (GLB)	$58.89 Million	-41.77%	0.33x	$74.23 Million
Merino & Co. Ltd (MNC)	$1.84 Million	7.46%	3.01x	$5.75 Million

About GLG Corp Ltd

AU:GLE Australia Apparel Manufacturing

Market Cap

$6.03 Million

AU$8.52 Million AUD

Market Cap Rank

#27990 Global

#1502 in Australia

Share Price

AU$0.12

Change (1 day)

+0.00%

52-Week Range

AU$0.10 - AU$0.15

All Time High

AU$0.51