Linkage Global Inc Ordinary Shares (LGCB) - Net Assets
Based on the latest financial reports, Linkage Global Inc Ordinary Shares (LGCB) has net assets worth $110.61K USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($144.57K) and total liabilities ($33.96K). 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 Linkage Global Inc Ordinary Shares strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $110.61K |
| % of Total Assets | 76.51% |
| Annual Growth Rate | 42.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 37.45 |
Linkage Global Inc Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Linkage Global Inc Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LGCB company net worth.
Annual Net Assets for Linkage Global Inc Ordinary Shares (2021–2025)
The table below shows the annual net assets of Linkage Global Inc Ordinary Shares from 2021 to 2025. Also explore Linkage Global Inc Ordinary Shares equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $7.02 Million | +100.89% |
| 2024-03-31 | $3.50 Million | 0.00% |
| 2023-03-31 | $3.50 Million | +27.88% |
| 2022-03-31 | $2.73 Million | +58.44% |
| 2021-03-31 | $1.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Linkage Global Inc 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 2.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.61 Million | 22.96% |
| Common Stock | $5.38K | 0.08% |
| Other Comprehensive Income | $-185.40K | -2.64% |
| Other Components | $5.59 Million | 79.60% |
| Total Equity | $7.02 Million | 100.00% |
Linkage Global Inc Ordinary Shares Competitors by Market Cap
The table below lists competitors of Linkage Global Inc Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baillie Gifford UK Growth Fund PLC
LSE:BGUK
|
$2.75 Million |
|
Next Mediaworks Limited
NSE:NEXTMEDIA
|
$2.75 Million |
|
Pensana Rare Earths Plc
LSE:PRE
|
$2.75 Million |
|
Unity Biotechnology Inc
NASDAQ:UBX
|
$2.75 Million |
|
Enova Mining Ltd
AU:ENV
|
$2.74 Million |
|
Absolicon Solar Collector AB Series B
ST:ABSL-B
|
$2.73 Million |
|
Foresight Autonomous Holdings Ltd
TA:FRSX
|
$2.73 Million |
|
Cerillion PLC
LSE:CER
|
$2.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Linkage Global Inc Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,496,913 to 7,024,784, a change of 3,527,871 (100.9%).
- Net loss of 439,336 reduced equity.
- New share issuances of 1,812,430 increased equity.
- Other comprehensive income decreased equity by 74,851.
- Other factors increased equity by 2,229,628.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-439.34K | -6.25% |
| Share Issuances | $1.81 Million | +25.8% |
| Other Comprehensive Income | $-74.85K | -1.07% |
| Other Changes | $2.23 Million | +31.74% |
| Total Change | $- | 100.89% |
Book Value vs Market Value Analysis
This analysis compares Linkage Global Inc 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: 0.08x
- 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.
- The price-to-book ratio has decreased from 0.34x to 0.08x 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 | $0.80 | $0.27 | x |
| 2022-03-31 | $1.27 | $0.27 | x |
| 2023-03-31 | $0.17 | $0.27 | x |
| 2024-03-31 | $1.75 | $0.27 | x |
| 2025-03-31 | $3.27 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Linkage Global Inc 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): -6.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.27%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.81x
- Recent ROE (-6.25%) is below the historical average (7.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 43.55% | 4.86% | 2.04x | 4.39x | $579.08K |
| 2022 | 39.00% | 4.84% | 2.43x | 3.32x | $792.92K |
| 2023 | -18.67% | -5.13% | 1.20x | 3.04x | $-1.00 Million |
| 2024 | -18.67% | -5.13% | 1.20x | 3.04x | $-1.00 Million |
| 2025 | -6.25% | -4.27% | 0.81x | 1.81x | $-1.14 Million |
Industry Comparison
This section compares Linkage Global Inc Ordinary Shares's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $3,122,390,683
- Average return on equity (ROE) among peers: 6.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Linkage Global Inc Ordinary Shares (LGCB) | $110.61K | 43.55% | 0.31x | $2.74 Million |
| Winamp Group SA (ALPET) | $3.19 Million | -19.36% | 0.11x | $13.13 Million |
| Amazon.com Inc (AMZN) | $9.75 Billion | 2.81% | 3.12x | $2.65 Trillion |
| Beyond, Inc. (BYON) | $744.39 Million | 52.31% | 0.43x | $541.91 Million |
| Baozun Inc (BZUN) | $1.85 Billion | 11.30% | 0.63x | $138.03 Million |
| Maplebear Inc. (CART) | $2.52 Billion | 17.75% | 0.46x | $9.93 Billion |
| Chewy Inc (CHWY) | $-335.94 Million | 0.00% | 0.00x | $4.87 Billion |
| Coupang LLC (CPNG) | $2.41 Billion | -3.81% | 2.94x | $23.58 Billion |
| Dada Nexus Ltd (DADA) | $3.61 Billion | -56.52% | 0.45x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $7.81 Billion | 1.57% | 0.64x | $80.49 Billion |
| eBay Inc (EBAY) | $2.87 Billion | 62.23% | 5.33x | $45.53 Billion |
About Linkage Global Inc Ordinary Shares
Linkage Global Inc, through its subsidiaries, provides cross-border e-commerce integrated services in Japan, Hong Kong, and the People's Republic of China. It operates in two segments, EXTEND and Other Subsidiaries. The company offers cross-border sales operation, digital marketing services, and e-commerce operation training and software support services. It also provides agent services, cross bo… Read more