Greystone Logistics
Greystone Logistics, Inc., through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins in the United States. It offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. The company sells its pallets through a network of independent contractor, distributors, and direct sales. It serves the food… Read more
Greystone Logistics (GLGI) - Net Assets
Latest net assets as of November 2025: $16.59 Million USD
Based on the latest financial reports, Greystone Logistics (GLGI) has net assets worth $16.59 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.39 Million) and total liabilities ($23.80 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 | $16.59 Million |
| % of Total Assets | 41.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | 51.1% |
| 10-Year Change | N/A |
| Growth Volatility | 45.62 |
Greystone Logistics - Net Assets Trend (2007–2025)
This chart illustrates how Greystone Logistics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Greystone Logistics (2007–2025)
The table below shows the annual net assets of Greystone Logistics from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $19.88 Million | -17.12% |
| 2024-05-31 | $23.98 Million | -2.87% |
| 2023-05-31 | $24.69 Million | +63.70% |
| 2022-05-31 | $15.08 Million | +14.65% |
| 2021-05-31 | $13.15 Million | +61.21% |
| 2020-05-31 | $8.16 Million | +114.09% |
| 2019-05-31 | $3.81 Million | +59.23% |
| 2018-05-31 | $2.39 Million | +109.93% |
| 2017-05-31 | $1.14 Million | +257.40% |
| 2016-05-31 | $-724.35K | +36.20% |
| 2015-05-31 | $-1.14 Million | +17.93% |
| 2014-05-31 | $-1.38 Million | +65.73% |
| 2013-05-31 | $-4.04 Million | +37.47% |
| 2012-05-31 | $-6.45 Million | +33.50% |
| 2011-05-31 | $-9.71 Million | -26.35% |
| 2010-05-31 | $-7.68 Million | +2.94% |
| 2009-05-31 | $-7.91 Million | +7.65% |
| 2008-05-31 | $-8.57 Million | +12.83% |
| 2007-05-31 | $-9.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greystone Logistics'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 2808214400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $47.51 Million | 239.03% |
| Total Equity | $19.88 Million | 100.00% |
Greystone Logistics Competitors by Market Cap
The table below lists competitors of Greystone Logistics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HSS HIRE GROUP LS -01
F:HG3
|
$9.00 Million |
|
Primo Service Solutions PCL
BK:PRI
|
$9.01 Million |
|
Geiger Energy Corporation
V:BEEP
|
$9.01 Million |
|
Kalyani Forge Limited
NSE:KALYANIFRG
|
$9.01 Million |
|
Energys Group Limited Ordinary Shares
NASDAQ:ENGS
|
$9.00 Million |
|
Kps AG
XETRA:KSC
|
$8.99 Million |
|
SPENN Technology A/S
PINK:SPNNF
|
$8.99 Million |
|
WASHINGTON POST -B-
BE:WPOB
|
$8.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greystone Logistics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,980,749 to 19,876,309, a change of -4,104,440 (-17.1%).
- Net income of 2,351,010 contributed positively to equity growth.
- Dividend payments of 427,103 reduced retained earnings.
- Share repurchases of 6,026,737 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.35 Million | +11.83% |
| Dividends Paid | $427.10K | -2.15% |
| Share Repurchases | $6.03 Million | -30.32% |
| Other Changes | $-1.61K | -0.01% |
| Total Change | $- | -17.12% |
Book Value vs Market Value Analysis
This analysis compares Greystone Logistics'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: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-05-31 | $-0.09 | $1.04 | x |
| 2015-05-31 | $-0.08 | $1.04 | x |
| 2016-05-31 | $-0.06 | $1.04 | x |
| 2017-05-31 | $0.00 | $1.04 | x |
| 2018-05-31 | $0.05 | $1.04 | x |
| 2019-05-31 | $0.09 | $1.04 | x |
| 2020-05-31 | $0.25 | $1.04 | x |
| 2021-05-31 | $0.35 | $1.04 | x |
| 2022-05-31 | $0.48 | $1.04 | x |
| 2023-05-31 | $0.69 | $1.04 | x |
| 2024-05-31 | $0.85 | $1.04 | x |
| 2025-05-31 | $0.73 | $1.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greystone Logistics 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): 11.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.06%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.31x
- Recent ROE (11.83%) is below the historical average (276.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 13.35% | 1.49x | 0.00x | $3.37 Million |
| 2015 | 0.00% | 2.73% | 1.54x | 0.00x | $824.71K |
| 2016 | 0.00% | 2.29% | 1.32x | 0.00x | $780.23K |
| 2017 | 2924.68% | 5.01% | 1.40x | 415.73x | $2.00 Million |
| 2018 | 124.14% | 3.34% | 1.43x | 26.03x | $1.49 Million |
| 2019 | 67.23% | 2.54% | 1.65x | 16.01x | $1.54 Million |
| 2020 | 67.28% | 6.17% | 1.64x | 6.65x | $4.00 Million |
| 2021 | 36.19% | 5.58% | 1.48x | 4.37x | $2.62 Million |
| 2022 | 31.15% | 5.75% | 1.62x | 3.34x | $2.90 Million |
| 2023 | 32.44% | 10.43% | 1.23x | 2.53x | $4.38 Million |
| 2024 | 20.96% | 8.14% | 1.18x | 2.18x | $2.63 Million |
| 2025 | 11.83% | 4.06% | 1.26x | 2.31x | $363.38K |
Industry Comparison
This section compares Greystone Logistics's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,634,198,834
- Average return on equity (ROE) among peers: -11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greystone Logistics (GLGI) | $16.59 Million | 0.00% | 1.43x | $9.00 Million |
| AirBoss of America Corp (ABSSF) | $37.88 Million | 4.86% | 1.22x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $27.99 Million | 26.12% | 0.23x | $0.96 |
| Aimia Inc (AIMFF) | $1.33 Billion | 12.47% | 2.95x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $25.04 Billion | 12.29% | 0.93x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $6.31 Billion | 13.19% | 1.57x | $9.73 Billion |
| Albemarle Corp (ALB) | $9.78 Billion | -5.22% | 0.67x | $19.47 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $33.22 Billion | -32.85% | 2.09x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $22.64 Million | -123.97% | 0.68x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $544.00 Million | 9.23% | 0.58x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $28.52 Million | -34.80% | 0.69x | $212.84 Million |