Goldenstone Acquisition Ltd
Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses, or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.
Goldenstone Acquisition Ltd (GDST) - Net Assets
Latest net assets as of September 2025: $-1.96 Million USD
Based on the latest financial reports, Goldenstone Acquisition Ltd (GDST) has net assets worth $-1.96 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.75 Million) and total liabilities ($7.71 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 | $-1.96 Million |
| % of Total Assets | -34.08% |
| Annual Growth Rate | 373.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 99939.1 |
Goldenstone Acquisition Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Goldenstone Acquisition 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 Goldenstone Acquisition Ltd (2021–2025)
The table below shows the annual net assets of Goldenstone Acquisition Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $12.49 Million | -75.42% |
| 2024-03-31 | $50.80 Million | -11.56% |
| 2023-03-31 | $57.45 Million | +0.25% |
| 2022-03-31 | $57.30 Million | +230770.54% |
| 2021-03-31 | $24.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldenstone Acquisition 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 decreased by 651738600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.01 Million | 152.19% |
| Total Equity | $12.49 Million | 100.00% |
Goldenstone Acquisition Ltd Competitors by Market Cap
The table below lists competitors of Goldenstone Acquisition Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEDFORD METALS CORP.
F:O8D
|
$9.66 Million |
|
Premier Quality Starch PCL
BK:PQS
|
$9.66 Million |
|
Mongolia Energy Corporation Limited
PINK:MOAEF
|
$9.66 Million |
|
Tempus Resources Limited
PINK:TMRFF
|
$9.67 Million |
|
Pinnacle Silver and Gold Corp.
V:PINN
|
$9.66 Million |
|
Live Ventures Inc
NASDAQ:LIVE
|
$9.66 Million |
|
SLP Resources Bhd
KLSE:7248
|
$9.66 Million |
|
PCC Exol SA
WAR:PCX
|
$9.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldenstone Acquisition Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,804,768 to 12,489,346, a change of -38,315,422 (-75.4%).
- Net income of 683,852 contributed positively to equity growth.
- Share repurchases of 38,044,345 reduced equity.
- Other factors decreased equity by 954,929.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $683.85K | +5.48% |
| Share Repurchases | $38.04 Million | -304.61% |
| Other Changes | $-954.93K | -7.65% |
| Total Change | $- | -75.42% |
Book Value vs Market Value Analysis
This analysis compares Goldenstone Acquisition 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 744.87x to 2.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.02 | $11.51 | x |
| 2022-03-31 | $7.54 | $11.51 | x |
| 2023-03-31 | $7.56 | $11.51 | x |
| 2024-03-31 | $7.03 | $11.51 | x |
| 2025-03-31 | $5.32 | $11.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldenstone Acquisition 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): 5.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.53x
- Recent ROE (5.48%) is above the historical average (0.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4.25% | 0.00% | 0.00x | 3.99x | $-3.54K |
| 2022 | -0.09% | 0.00% | 0.00x | 1.04x | $-5.78 Million |
| 2023 | 0.25% | 0.00% | 0.00x | 1.05x | $-5.60 Million |
| 2024 | 3.14% | 0.00% | 0.00x | 1.10x | $-3.48 Million |
| 2025 | 5.48% | 0.00% | 0.00x | 1.53x | $-565.08K |
Industry Comparison
This section compares Goldenstone Acquisition Ltd'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 |
|---|---|---|---|---|
| Goldenstone Acquisition Ltd (GDST) | $-1.96 Million | -4.25% | N/A | $9.66 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 |