Generation Asia I Acquisition Limited
Generation Asia I Acquisition Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, Cayman Islands.
Generation Asia I Acquisition Limited (GAQUF) - Net Assets
Latest net assets as of June 2024: $19.97 Million USD
Based on the latest financial reports, Generation Asia I Acquisition Limited (GAQUF) has net assets worth $19.97 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.76 Million) and total liabilities ($6.79 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 | $19.97 Million |
| % of Total Assets | 74.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Generation Asia I Acquisition Limited - Net Assets Trend (2021–2022)
This chart illustrates how Generation Asia I Acquisition Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Generation Asia I Acquisition Limited (2021–2022)
The table below shows the annual net assets of Generation Asia I Acquisition Limited from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | $216.81 Million | +648128.51% |
| 2021-09-30 | $-33.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Generation Asia I Acquisition Limited'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 821620000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $225.09 Million | 103.82% |
| Total Equity | $216.81 Million | 100.00% |
Generation Asia I Acquisition Limited Competitors by Market Cap
The table below lists competitors of Generation Asia I Acquisition Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
6NO
STU:6NO
|
$101.15K |
|
Neuberger Berman IMF Inc
NYSE MKT:NBH
|
$101.17K |
|
140610
KO:140610
|
$101.18K |
|
Origin Investment Corp I Units
NASDAQ:ORIQU
|
$101.24K |
|
OLYMPUS
BE:OLY1
|
$101.03K |
|
XENCOR
MU:XE9
|
$101.00K |
|
Canadian Large Cap Leaders
TO:NPS
|
$100.95K |
|
Eaton Vance California MIT
NYSE MKT:CEV
|
$100.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Generation Asia I Acquisition Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -33,457 to 216,810,899, a change of 216,844,356.
- Net income of 9,787,099 contributed positively to equity growth.
- New share issuances of 224,273,000 increased equity.
- Other factors decreased equity by 17,215,743.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.79 Million | +4.51% |
| Share Issuances | $224.27 Million | +103.44% |
| Other Changes | $-17.22 Million | -7.94% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Generation Asia I Acquisition Limited'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: 1.45x
- 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 |
|---|---|---|---|
| 2021-09-30 | $0.00 | $10.71 | x |
| 2022-09-30 | $7.37 | $10.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Generation Asia I Acquisition Limited 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): 4.51%
- 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: 1.04x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 4.51% | 0.00% | 0.00x | 1.04x | $-11.89 Million |
Industry Comparison
This section compares Generation Asia I Acquisition Limited's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-56,363,212
- Average return on equity (ROE) among peers: -7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Generation Asia I Acquisition Limited (GAQUF) | $19.97 Million | 4.51% | 0.34x | $101.10K |
| 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) | $-22.04K | 0.00% | 0.00x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $5.32 Million | -71.85% | 3.84x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-185.37K | 0.00% | 0.00x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-181.19K | 0.00% | 0.00x | $14.73K |
| ACRO Biomedical Co Ltd (ACBM) | $-14.79K | 0.00% | 0.00x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-1.02K | 0.00% | 0.00x | $3.15K |