Garden Stage Limited Ordinary Shares Net Assets
Garden Stage Limited Ordinary Shares net assets. Based on the latest financial reports, Garden Stage Limited Ordinary Shares (GSIW) has net assets worth $24.22 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 ($41.93 Million) and total liabilities ($17.70 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. Also explore GSIW shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.22 Million |
| % of Total Assets | 57.77% |
| Annual Growth Rate | 106.72% |
| 5-Year Change | 145991.55% |
| 10-Year Change | N/A |
| Growth Volatility | 1410.41 |
Net Assets of Garden Stage Limited Ordinary Shares (2021–2026)
Net assets of Garden Stage Limited Ordinary Shares from 2021 to 2026. This chart illustrates how Garden Stage Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Garden Stage Limited Ordinary Shares to measure how much of total assets are equity-financed.
Annual Net Assets for Garden Stage Limited Ordinary Shares (2021–2026)
The table below shows the annual net assets of Garden Stage Limited Ordinary Shares from 2021 to 2026. For live market cap and overall valuation, see market value of Garden Stage Limited Ordinary Shares.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $24.22 Million | +261.39% |
| 2025-03-31 | $6.70 Million | -27.82% |
| 2024-03-31 | $9.29 Million | +3643.74% |
| 2023-03-31 | $248.03K | +1395.94% |
| 2022-03-31 | $16.58K | -97.42% |
| 2021-03-31 | $642.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Garden Stage Limited 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 decreased by 3674.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Garden Stage Limited Ordinary Shares Net Assets Breakdown (March 2026)
Garden Stage Limited Ordinary Shares net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.17K | 0.12% |
| Other Comprehensive Income | $-310.35K | -1.28% |
| Other Components | $47.33 Million | 195.39% |
| Total Equity | $24.22 Million | 100.00% |
Garden Stage Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Garden Stage Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T3 Defense Inc.
NYSE:DFNS
|
$14.68 Million |
|
FGI Industries Ltd
NASDAQ:FGI
|
$14.69 Million |
|
Perimeter Medical Imaging AI Inc
V:PINK
|
$14.70 Million |
|
Inbest Prime VII Inmuebles SOCIMI S.A.
MC:YINB7
|
$14.70 Million |
|
Asuransi Ramayana Tbk
JK:ASRM
|
$14.68 Million |
|
Powerhouse Ventures Ltd
AU:PVL
|
$14.67 Million |
|
Havsfrun Investment AB (publ)
ST:HAV-B
|
$14.66 Million |
|
Century Extrusions Limited
NSE:CENTEXT
|
$14.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Garden Stage Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 6,702,403 to 24,221,979, a change of 17,519,576 (261.4%).
- Net loss of 13,838,227 reduced equity.
- Other comprehensive income decreased equity by 279,439.
- Other factors increased equity by 31,637,242.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.84 Million | -57.13% |
| Other Comprehensive Income | $-279.44K | -1.15% |
| Other Changes | $31.64 Million | +130.61% |
| Total Change | $- | 261.39% |
Book Value vs Market Value Analysis
This analysis compares Garden Stage Limited 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: 4.14x
- 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 3284.14x to 4.14x 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 | $0.00 | $10.04 | x |
| 2022-03-31 | $0.00 | $10.04 | x |
| 2023-03-31 | $0.00 | $10.04 | x |
| 2024-03-31 | $0.05 | $10.04 | x |
| 2025-03-31 | $0.03 | $10.04 | x |
| 2026-03-31 | $2.42 | $10.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Garden Stage Limited 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): -57.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -190.12%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.73x
- Recent ROE (-57.13%) is above the historical average (-104.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -51.33% | -5.49% | 0.34x | 27.55x | $-393.74K |
| 2022 | -395.84% | -22.15% | 0.23x | 78.81x | $-67.29K |
| 2023 | -10.66% | -6.36% | 0.25x | 6.74x | $-51.23K |
| 2024 | -49.43% | -336.34% | 0.08x | 1.79x | $-5.52 Million |
| 2025 | -64.42% | -79.91% | 0.34x | 2.37x | $-4.99 Million |
| 2026 | -57.13% | -190.12% | 0.17x | 1.73x | $-16.26 Million |
Industry Comparison
This section compares Garden Stage Limited Ordinary Shares's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $84,138,662
- Average return on equity (ROE) among peers: -90.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Garden Stage Limited Ordinary Shares (GSIW) | $24.22 Million | -51.33% | 0.73x | $14.68 Million |
| American Bitcoin Corp (ABTC) | $58.08 Million | -0.05% | 0.01x | $147.63 Million |
| Abits Group Inc. (ABTS) | $3.25K | -0.65% | 2.08x | $3.38 Million |
| Sphere 3D Corp (ANY) | $20.45 Million | -334.83% | 3.53x | $15.32 Million |
| Argo Blockchain PLC ADR (ARBK) | $27.19 Million | -15.14% | 0.01x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $43.11 Million | -278.59% | 0.29x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $3.04 Million | -226.15% | 1.08x | $22.46 Million |
| Solowin Holdings (AXG) | $3.34 Million | 5.15% | 2.06x | $286.80 Million |
| BGC Group Inc. (BGC) | $581.92 Million | -0.52% | 3.73x | $4.18 Billion |
| Big Digital Energy, Inc. (BGDE) | $76.17 Million | -69.27% | 0.75x | $17.01 Million |
| Bitfarms Ltd (BITF) | $28.09 Million | 10.32% | 0.88x | $1.21 Billion |
About Garden Stage Limited Ordinary Shares
Garden Stage Limited, through its subsidiaries, provides financial services in Hong Kong. It offers placing and underwriting; securities dealing and brokerage; asset management; investment advisory; introduction and referral services; and due diligence services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong. Garden Stage Limited operates as a subsidiary of Orient… Read more