Generation Asia I Acquisition Limited Class A Ordinary Shares
Generation Asia I Acquisition Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, Cayman Islands.
Generation Asia I Acquisition Limited Class A Ordinary Shares (GAQ) - Net Assets
Latest net assets as of June 2024: $19.97 Million USD
Based on the latest financial reports, Generation Asia I Acquisition Limited Class A Ordinary Shares (GAQ) has net assets worth $19.97 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.76 Million) and total liabilities ($6.79 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 | $19.97 Million |
| % of Total Assets | 74.64% |
| Annual Growth Rate | -3.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.13 |
Generation Asia I Acquisition Limited Class A Ordinary Shares - Net Assets Trend (1999–2023)
This chart illustrates how Generation Asia I Acquisition Limited Class A Ordinary Shares'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 Asia I Acquisition Limited Class A Ordinary Shares (1999–2023)
The table below shows the annual net assets of Generation Asia I Acquisition Limited Class A Ordinary Shares from 1999 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $78.58 Million | -63.76% |
| 2022-12-31 | $216.81 Million | +648128.51% |
| 2021-12-31 | $-33.46K | -100.02% |
| 1999-12-31 | $187.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Generation Asia I Acquisition Limited Class A Ordinary Shares'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 912749300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $83.86 Million | 106.72% |
| Total Equity | $78.58 Million | 100.00% |
Generation Asia I Acquisition Limited Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Generation Asia I Acquisition Limited Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferroamp Elektronik AB
ST:FERRO
|
$18.85 Million |
|
Fusemachines Inc. Common stock
NASDAQ:FUSE
|
$18.86 Million |
|
Procaps Group SA
NASDAQ:PROC
|
$18.87 Million |
|
Nandan Denim Limited
NSE:NDL
|
$18.87 Million |
|
Simat Technologies Public Company Limited
BK:SIMAT
|
$18.85 Million |
|
Santos Brasil Participações S.A
SA:STBP3
|
$18.85 Million |
|
Cambium Networks Corp
NASDAQ:CMBM
|
$18.84 Million |
|
Cepton Inc
NASDAQ:CPTN
|
$18.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Generation Asia I Acquisition Limited Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 216,810,899 to 78,577,325, a change of -138,233,574 (-63.8%).
- Net income of 6,967,938 contributed positively to equity growth.
- Share repurchases of 149,750,540 reduced equity.
- Other factors increased equity by 4,549,028.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.97 Million | +8.87% |
| Share Repurchases | $149.75 Million | -190.58% |
| Other Changes | $4.55 Million | +5.79% |
| Total Change | $- | -63.76% |
Book Value vs Market Value Analysis
This analysis compares Generation Asia I Acquisition Limited Class A Ordinary Shares'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: 3.36x
- 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 |
|---|---|---|---|
| 2021-12-31 | $0.00 | $11.40 | x |
| 2022-12-31 | $7.37 | $11.40 | x |
| 2023-12-31 | $3.39 | $11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Generation Asia I Acquisition Limited Class A Ordinary Shares 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): 8.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (8.87%) is above the historical average (6.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-55.11K |
| 2022 | 9.48% | 0.00% | 0.00x | 1.04x | $-1.12 Million |
| 2023 | 8.87% | 0.00% | 0.00x | 1.07x | $-889.79K |
Industry Comparison
This section compares Generation Asia I Acquisition Limited Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Generation Asia I Acquisition Limited Class A Ordinary Shares (GAQ) | $19.97 Million | 0.00% | 0.34x | $18.85 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |