Goldenstone Acquisition Ltd (GDST) - Net Assets
Based on the latest financial reports, Goldenstone Acquisition Ltd (GDST) has net assets worth $-7.67 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.96 Million) and total liabilities ($13.63 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. Check GDST strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-7.67 Million |
| % of Total Assets | -128.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | -113.38% |
| 10-Year Change | N/A |
| Growth Volatility | 92333.05 |
Goldenstone Acquisition Ltd - Net Assets Trend (2021–2026)
This chart illustrates how Goldenstone Acquisition Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Goldenstone Acquisition Ltd market cap and net worth.
Annual Net Assets for Goldenstone Acquisition Ltd (2021–2026)
The table below shows the annual net assets of Goldenstone Acquisition Ltd from 2021 to 2026. Also explore net asset momentum of Goldenstone Acquisition Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $-7.67 Million | -161.39% |
| 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 794122200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $274.92K | % |
| Other Components | $185.00 | % |
| Total Equity | $-7.67 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 |
|---|---|
|
KARO INVEST a.s.
PR:KARIN
|
$23.34 Million |
|
NXT Energy Solutions Inc
TO:SFD
|
$23.34 Million |
|
Plantynet Co. Ltd
KQ:075130
|
$23.34 Million |
|
Roblon A/S
CO:RBLN-B
|
$23.35 Million |
|
Aspermont Ltd
AU:ASP
|
$23.29 Million |
|
LS telcom AG
XETRA:LSX
|
$23.29 Million |
|
DLSI
PA:ALDLS
|
$23.24 Million |
|
Ogunsen AB Series B
ST:OGUN-B
|
$23.23 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 2025 to 2026, total equity changed from 12,489,346 to -7,667,169, a change of -20,156,515 (-161.4%).
- Net loss of 414,679 reduced equity.
- Share repurchases of 13,868,502 reduced equity.
- Other factors decreased equity by 5,873,334.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-414.68K | -5.41% |
| Share Repurchases | $13.87 Million | -180.88% |
| Other Changes | $-5.87 Million | -76.6% |
| Total Change | $- | -161.39% |
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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.02 | $12.50 | x |
| 2022-03-31 | $7.54 | $12.50 | x |
| 2023-03-31 | $7.56 | $12.50 | x |
| 2024-03-31 | $7.03 | $12.50 | x |
| 2025-03-31 | $5.32 | $12.50 | x |
| 2026-03-31 | $-11.34 | $12.50 | 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-0.01%), 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 | 0.88% | 0.00% | 0.00x | 1.53x | $-1.14 Million |
| 2026 | 0.00% | 0.00% | 0.00x | 0.00x | $352.04K |
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: $244,118,088
- Average return on equity (ROE) among peers: 1.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goldenstone Acquisition Ltd (GDST) | $-7.67 Million | -4.25% | N/A | $23.33 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $147.40 Million | -2.46% | 0.02x | $256.50 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.71 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.44 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $1.54 Billion | 21.89% | 4.12x | $377.55K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.34 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $386.63 Million |
About Goldenstone Acquisition Ltd
Chi Special Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was formerly known as Goldenstone Acquisition Limited and changed its name to Chi Special Acquisition Corp. in March 2026. The com… Read more