Goldenbridge Acquisition Limited
Goldenbridge Acquisition Limited is a blank check company. The company focuses on merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded in 2019 and is based in Wan Chai, Hong Kong.
Goldenbridge Acquisition Limited (GBRGW) - Net Assets
Latest net assets as of March 2023: $14.50 Million USD
Based on the latest financial reports, Goldenbridge Acquisition Limited (GBRGW) has net assets worth $14.50 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.80 Million) and total liabilities ($4.30 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 | $14.50 Million |
| % of Total Assets | 77.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.18 |
Goldenbridge Acquisition Limited - Net Assets Trend (2019–2022)
This chart illustrates how Goldenbridge Acquisition Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Goldenbridge Acquisition Limited (2019–2022)
The table below shows the annual net assets of Goldenbridge Acquisition Limited from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $55.35 Million | -0.36% |
| 2021-12-31 | $55.55 Million | 0.00% |
| 2020-12-31 | $55.55 Million | +577219.47% |
| 2019-12-31 | $-9.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldenbridge Acquisition Limited'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 620961100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $61.51 Million | 111.13% |
| Other Comprehensive Income | $82.40K | 0.15% |
| Total Equity | $55.35 Million | 100.00% |
Goldenbridge Acquisition Limited Competitors by Market Cap
The table below lists competitors of Goldenbridge Acquisition Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thalassa Holdings Ltd
LSE:THAL
|
$455.97 |
|
Temple Bar Investment Trust
LSE:TMPL
|
$456.04 |
|
NIGERIAN BREWERIES PLC
XNSA:NB
|
$456.42 |
|
Migo Opportunities Trust PLC
LSE:MIGO
|
$456.44 |
|
DAPHNE INTL HLDGS
MU:PSX
|
$455.82 |
|
Vulcan International Corporation
PINK:VULC
|
$455.50 |
|
Ernexa Therapeutics Inc. Warrants
NASDAQ:ERNAW
|
$455.10 |
|
Escorts Investment Bank Ltd
KAR:ESBL
|
$455.09 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldenbridge Acquisition Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 55,547,749 to 55,347,710, a change of -200,039 (-0.4%).
- Net income of 533,948 contributed positively to equity growth.
- Other comprehensive income increased equity by 86,064.
- Other factors decreased equity by 820,051.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $533.95K | +0.96% |
| Other Comprehensive Income | $86.06K | +0.16% |
| Other Changes | $-820.05K | -1.48% |
| Total Change | $- | -0.36% |
Book Value vs Market Value Analysis
This analysis compares Goldenbridge Acquisition Limited'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.05 | x |
| 2020-12-31 | $7.34 | $0.05 | x |
| 2021-12-31 | $16.34 | $0.05 | x |
| 2022-12-31 | $7.32 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldenbridge Acquisition Limited 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): 0.96%
- 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: 1.06x
- Recent ROE (0.96%) is above the historical average (-0.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.67K |
| 2020 | -1.48% | 0.00% | 0.00x | 1.05x | $-6.37 Million |
| 2021 | -1.42% | 0.00% | 0.00x | 1.05x | $-6.34 Million |
| 2022 | 0.96% | 0.00% | 0.00x | 1.06x | $-5.00 Million |
Industry Comparison
This section compares Goldenbridge Acquisition Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goldenbridge Acquisition Limited (GBRGW) | $14.50 Million | 0.00% | 0.30x | $455.93 |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |