GigaCloud Technology Inc Class A Ordinary Shares
GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace that integrates product discovery to payments and logistics tools into one easy-to-use platform. It's marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execu… Read more
GigaCloud Technology Inc Class A Ordinary Shares (GCT) - Net Assets
Latest net assets as of December 2025: $485.80 Million USD
Based on the latest financial reports, GigaCloud Technology Inc Class A Ordinary Shares (GCT) has net assets worth $485.80 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.20 Billion) and total liabilities ($716.66 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 | $485.80 Million |
| % of Total Assets | 40.4% |
| Annual Growth Rate | 61.74% |
| 5-Year Change | 286.07% |
| 10-Year Change | N/A |
| Growth Volatility | 67.36 |
GigaCloud Technology Inc Class A Ordinary Shares - Net Assets Trend (2019–2025)
This chart illustrates how GigaCloud Technology Inc 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 GigaCloud Technology Inc Class A Ordinary Shares (2019–2025)
The table below shows the annual net assets of GigaCloud Technology Inc Class A Ordinary Shares from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $485.80 Million | +19.89% |
| 2024-12-31 | $405.22 Million | +39.53% |
| 2023-12-31 | $290.42 Million | +48.81% |
| 2022-12-31 | $195.16 Million | +55.10% |
| 2021-12-31 | $125.83 Million | +45.02% |
| 2020-12-31 | $86.77 Million | +220.01% |
| 2019-12-31 | $27.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GigaCloud Technology Inc 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 40689200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $400.87 Million | 82.52% |
| Common Stock | $1.86 Million | 0.38% |
| Other Comprehensive Income | $-5.60 Million | -1.15% |
| Other Components | $88.67 Million | 18.25% |
| Total Equity | $485.80 Million | 100.00% |
GigaCloud Technology Inc Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of GigaCloud Technology Inc Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
An Hui Wenergy Co Ltd
SHE:000543
|
$1.11 Billion |
|
Kalbe Farma Tbk PT
JK:KLBF
|
$1.11 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
$1.11 Billion |
|
ECMPF
PINK:ECMPF
|
$1.11 Billion |
|
Shenzhen Microgate Technology Co Ltd
SHE:300319
|
$1.11 Billion |
|
Vizsla Silver Corp.
TO:VZLA
|
$1.11 Billion |
|
ManpowerGroup Inc
NYSE:MAN
|
$1.11 Billion |
|
Österreichische Post AG
PINK:OERCF
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GigaCloud Technology Inc Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 405,217,000 to 485,799,000, a change of 80,582,000 (19.9%).
- Net income of 137,372,000 contributed positively to equity growth.
- Share repurchases of 67,403,000 reduced equity.
- Other comprehensive income decreased equity by 1,463,000.
- Other factors increased equity by 12,076,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $137.37 Million | +28.28% |
| Share Repurchases | $67.40 Million | -13.87% |
| Other Comprehensive Income | $-1.46 Million | -0.3% |
| Other Changes | $12.08 Million | +2.49% |
| Total Change | $- | 19.89% |
Book Value vs Market Value Analysis
This analysis compares GigaCloud Technology Inc 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: 3.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.07x to 3.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $2.86 | $43.04 | x |
| 2020-12-31 | $9.14 | $43.04 | x |
| 2021-12-31 | $3.13 | $43.04 | x |
| 2022-12-31 | $4.85 | $43.04 | x |
| 2023-12-31 | $7.10 | $43.04 | x |
| 2024-12-31 | $9.84 | $43.04 | x |
| 2025-12-31 | $12.71 | $43.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GigaCloud Technology Inc 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): 28.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.65%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 2.48x
- Recent ROE (28.28%) is above the historical average (25.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.54% | 2.34% | 2.47x | 1.83x | $145.50K |
| 2020 | 43.17% | 13.60% | 1.99x | 1.59x | $28.78 Million |
| 2021 | 23.25% | 7.06% | 2.22x | 1.48x | $16.67 Million |
| 2022 | 12.28% | 4.89% | 1.17x | 2.14x | $4.46 Million |
| 2023 | 32.40% | 13.37% | 0.83x | 2.92x | $65.07 Million |
| 2024 | 31.05% | 10.84% | 1.08x | 2.64x | $85.29 Million |
| 2025 | 28.28% | 10.65% | 1.07x | 2.48x | $88.79 Million |
Industry Comparison
This section compares GigaCloud Technology Inc Class A Ordinary Shares's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GigaCloud Technology Inc Class A Ordinary Shares (GCT) | $485.80 Million | 10.54% | 1.48x | $1.11 Billion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |