Genting Singapore Limited
Genting Singapore Limited, an investment holding company, engages in the construction, development, and operation of integrated resort and casinos in Singapore. It is also involved in the provision of sales and marketing support services to leisure and hospitality related businesses and investments. The company was incorporated in 1984 and is based in Singapore. Genting Singapore Limited operates… Read more
Genting Singapore Limited (GIGNF) - Net Assets
Latest net assets as of December 2025: $8.21 Billion USD
Based on the latest financial reports, Genting Singapore Limited (GIGNF) has net assets worth $8.21 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.19 Billion) and total liabilities ($980.38 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 | $8.21 Billion |
| % of Total Assets | 89.33% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 3.85% |
| 10-Year Change | -13.97% |
| Growth Volatility | 135.84 |
Genting Singapore Limited - Net Assets Trend (1997–2025)
This chart illustrates how Genting Singapore 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 Genting Singapore Limited (1997–2025)
The table below shows the annual net assets of Genting Singapore Limited from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.20 Billion | -1.18% |
| 2024-12-31 | $8.30 Billion | +1.29% |
| 2023-12-31 | $8.19 Billion | +2.42% |
| 2022-12-31 | $8.00 Billion | +1.31% |
| 2021-12-31 | $7.90 Billion | +0.76% |
| 2020-12-31 | $7.84 Billion | -2.76% |
| 2019-12-31 | $8.06 Billion | +3.55% |
| 2018-12-31 | $7.78 Billion | +4.57% |
| 2017-12-31 | $7.44 Billion | -21.92% |
| 2016-12-31 | $9.53 Billion | -0.99% |
| 2015-12-31 | $9.63 Billion | -0.80% |
| 2014-12-31 | $9.70 Billion | +0.58% |
| 2013-12-31 | $9.65 Billion | +7.94% |
| 2012-12-31 | $8.94 Billion | +45.66% |
| 2011-12-31 | $6.14 Billion | +20.13% |
| 2010-12-31 | $5.11 Billion | +23.55% |
| 2009-12-31 | $4.13 Billion | +51.01% |
| 2008-12-31 | $2.74 Billion | -19.45% |
| 2007-12-31 | $3.40 Billion | +151.14% |
| 2006-12-31 | $1.35 Billion | +3.13% |
| 2005-12-31 | $1.31 Billion | +721.55% |
| 2004-12-31 | $159.75 Million | +11.60% |
| 2003-12-31 | $143.14 Million | +7.31% |
| 2002-12-31 | $133.39 Million | +8.14% |
| 2001-12-31 | $123.35 Million | +11.54% |
| 2000-12-31 | $110.59 Million | -39.47% |
| 1999-12-31 | $182.70 Million | +5.59% |
| 1998-12-31 | $173.02 Million | -0.34% |
| 1997-12-31 | $173.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genting Singapore 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 grown by 266467816300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.66 Billion | 32.50% |
| Common Stock | $5.52 Billion | 67.37% |
| Other Comprehensive Income | $17.53 Million | 0.21% |
| Total Equity | $8.20 Billion | 100.00% |
Genting Singapore Limited Competitors by Market Cap
The table below lists competitors of Genting Singapore Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMSYS Holdings Corporation
F:CS7
|
$3.19 Billion |
|
WIN Semiconductors
TWO:3105
|
$3.19 Billion |
|
Capstone Copper Corp.
OTCGREY:CSCCF
|
$3.19 Billion |
|
Shenzhen Chengxin Lithium Group Co Ltd
SHE:002240
|
$3.19 Billion |
|
Hitachi Construction Machinery Co. Ltd
F:HCM
|
$3.19 Billion |
|
ITV plc
PINK:ITVPF
|
$3.18 Billion |
|
Volati AB
ST:VOLO-PREF
|
$3.18 Billion |
|
Konfoong Materials International Co Ltd
SHE:300666
|
$3.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genting Singapore Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,297,577,000 to 8,199,293,216, a change of -98,283,784 (-1.2%).
- Net income of 390,054,728 contributed positively to equity growth.
- Dividend payments of 482,956,354 reduced retained earnings.
- Other comprehensive income increased equity by 17,527,910.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $390.05 Million | +4.76% |
| Dividends Paid | $482.96 Million | -5.89% |
| Other Comprehensive Income | $17.53 Million | +0.21% |
| Other Changes | $-22.91 Million | -0.28% |
| Total Change | $- | -1.18% |
Book Value vs Market Value Analysis
This analysis compares Genting Singapore 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: 0.83x
- 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 5.43x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.10 | $0.56 | x |
| 1998-12-31 | $0.10 | $0.56 | x |
| 1999-12-31 | $0.11 | $0.56 | x |
| 2000-12-31 | $0.07 | $0.56 | x |
| 2001-12-31 | $0.07 | $0.56 | x |
| 2002-12-31 | $0.08 | $0.56 | x |
| 2003-12-31 | $0.08 | $0.56 | x |
| 2004-12-31 | $0.07 | $0.56 | x |
| 2005-12-31 | $0.26 | $0.56 | x |
| 2006-12-31 | $0.21 | $0.56 | x |
| 2007-12-31 | $0.43 | $0.56 | x |
| 2008-12-31 | $0.25 | $0.56 | x |
| 2009-12-31 | $0.40 | $0.56 | x |
| 2010-12-31 | $0.42 | $0.56 | x |
| 2011-12-31 | $0.50 | $0.56 | x |
| 2012-12-31 | $0.73 | $0.56 | x |
| 2013-12-31 | $0.79 | $0.56 | x |
| 2014-12-31 | $0.79 | $0.56 | x |
| 2015-12-31 | $0.80 | $0.56 | x |
| 2016-12-31 | $0.79 | $0.56 | x |
| 2017-12-31 | $0.62 | $0.56 | x |
| 2018-12-31 | $0.65 | $0.56 | x |
| 2019-12-31 | $0.67 | $0.56 | x |
| 2020-12-31 | $0.65 | $0.56 | x |
| 2021-12-31 | $0.65 | $0.56 | x |
| 2022-12-31 | $0.66 | $0.56 | x |
| 2023-12-31 | $0.68 | $0.56 | x |
| 2024-12-31 | $0.69 | $0.56 | x |
| 2025-12-31 | $0.68 | $0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genting Singapore 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): 4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.92%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.12x
- Recent ROE (4.76%) is above the historical average (3.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 20.17% | 7.15% | 2.41x | 1.17x | $17.65 Million |
| 1998 | 3.85% | 72.46% | 0.05x | 1.01x | $-10.63 Million |
| 1999 | -0.05% | -0.91% | 0.05x | 1.01x | $-18.36 Million |
| 2000 | -60.40% | -101.77% | 0.56x | 1.06x | $-77.85 Million |
| 2001 | 8.04% | 81.80% | 0.09x | 1.03x | $-2.42 Million |
| 2002 | 9.20% | 102.12% | 0.09x | 1.03x | $-1.06 Million |
| 2003 | 6.79% | 70.40% | 0.09x | 1.02x | $-4.60 Million |
| 2004 | 13.28% | 128.38% | 0.06x | 1.81x | $5.24 Million |
| 2005 | 8.49% | 135.87% | 0.06x | 1.07x | $-19.62 Million |
| 2006 | 4.25% | 19.43% | 0.08x | 2.61x | $-76.90 Million |
| 2007 | -11.22% | -50.90% | 0.14x | 1.56x | $-721.35 Million |
| 2008 | -4.56% | -19.38% | 0.14x | 1.72x | $-398.58 Million |
| 2009 | -6.71% | -56.51% | 0.05x | 2.19x | $-690.98 Million |
| 2010 | 0.74% | 1.37% | 0.28x | 1.96x | $-473.00 Million |
| 2011 | 16.70% | 31.77% | 0.30x | 1.73x | $410.76 Million |
| 2012 | 7.61% | 23.07% | 0.23x | 1.45x | $-213.55 Million |
| 2013 | 7.33% | 24.84% | 0.22x | 1.36x | $-257.41 Million |
| 2014 | 6.55% | 22.19% | 0.23x | 1.31x | $-335.13 Million |
| 2015 | 2.01% | 8.04% | 0.20x | 1.25x | $-769.51 Million |
| 2016 | 4.04% | 17.26% | 0.19x | 1.20x | $-568.48 Million |
| 2017 | 9.21% | 28.65% | 0.25x | 1.29x | $-58.60 Million |
| 2018 | 9.71% | 29.75% | 0.26x | 1.26x | $-22.74 Million |
| 2019 | 8.55% | 27.76% | 0.27x | 1.15x | $-117.15 Million |
| 2020 | 0.88% | 6.51% | 0.12x | 1.12x | $-714.32 Million |
| 2021 | 2.32% | 17.18% | 0.12x | 1.11x | $-606.17 Million |
| 2022 | 4.25% | 19.71% | 0.20x | 1.10x | $-459.78 Million |
| 2023 | 7.47% | 25.30% | 0.26x | 1.12x | $-207.63 Million |
| 2024 | 6.98% | 22.88% | 0.27x | 1.11x | $-250.89 Million |
| 2025 | 4.76% | 15.92% | 0.27x | 1.12x | $-429.87 Million |
Industry Comparison
This section compares Genting Singapore Limited's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genting Singapore Limited (GIGNF) | $8.21 Billion | 20.17% | 0.12x | $3.19 Billion |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |