Genesis Land Development Corp.
Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through Land Development and Home Building segments. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to thi… Read more
Genesis Land Development Corp. (GDC) - Net Assets
Latest net assets as of September 2025: CA$302.14 Million CAD
Based on the latest financial reports, Genesis Land Development Corp. (GDC) has net assets worth CA$302.14 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$627.94 Million) and total liabilities (CA$325.81 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 | CA$302.14 Million |
| % of Total Assets | 48.12% |
| Annual Growth Rate | 13.47% |
| 5-Year Change | 43.77% |
| 10-Year Change | 27.65% |
| Growth Volatility | 88.16 |
Genesis Land Development Corp. - Net Assets Trend (1998–2024)
This chart illustrates how Genesis Land Development Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genesis Land Development Corp. (1998–2024)
The table below shows the annual net assets of Genesis Land Development Corp. from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$287.20 Million | +19.10% |
| 2023-12-31 | CA$241.14 Million | +6.07% |
| 2022-12-31 | CA$227.34 Million | -3.65% |
| 2021-12-31 | CA$235.94 Million | +18.11% |
| 2020-12-31 | CA$199.76 Million | -6.17% |
| 2019-12-31 | CA$212.90 Million | +1.49% |
| 2018-12-31 | CA$209.77 Million | -4.45% |
| 2017-12-31 | CA$219.54 Million | +3.72% |
| 2016-12-31 | CA$211.66 Million | -5.92% |
| 2015-12-31 | CA$224.99 Million | -2.72% |
| 2014-12-31 | CA$231.27 Million | +6.13% |
| 2013-12-31 | CA$217.93 Million | -3.70% |
| 2012-12-31 | CA$226.31 Million | -4.36% |
| 2011-12-31 | CA$236.62 Million | +2.84% |
| 2010-12-31 | CA$230.09 Million | +18.39% |
| 2009-12-31 | CA$194.36 Million | +1.82% |
| 2008-12-31 | CA$190.88 Million | +7.31% |
| 2007-12-31 | CA$177.87 Million | +43.77% |
| 2006-12-31 | CA$123.72 Million | +30.49% |
| 2005-12-31 | CA$94.81 Million | +23.02% |
| 2004-12-31 | CA$77.07 Million | +2.13% |
| 2003-12-31 | CA$75.46 Million | +10.06% |
| 2002-12-31 | CA$68.57 Million | +7.42% |
| 2001-12-31 | CA$63.83 Million | +2.14% |
| 2000-12-31 | CA$62.49 Million | +3.69% |
| 1999-12-31 | CA$60.27 Million | +461.37% |
| 1998-12-31 | CA$10.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genesis Land Development Corp.'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 3994.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$183.15 Million | 68.73% |
| Common Stock | CA$82.26 Million | 30.87% |
| Other Components | CA$1.06 Million | 0.40% |
| Total Equity | CA$266.48 Million | 100.00% |
Genesis Land Development Corp. Competitors by Market Cap
The table below lists competitors of Genesis Land Development Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pancontinental Energy NL
AU:PCL
|
$32.75 Million |
|
Zoomd Technologies Ltd
PINK:ZMDTF
|
$32.75 Million |
|
Coincheck Group N.V. Ordinary Shares
PINK:CNCK
|
$32.76 Million |
|
TEAM INC. DL-30
F:T9CA
|
$32.76 Million |
|
Sentelic Corp
TWO:4945
|
$32.74 Million |
|
AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS
IS:AVOD
|
$32.74 Million |
|
Ayen Enerji AS
IS:AYEN
|
$32.73 Million |
|
Sena Development Public Company Limited
BK:SENA
|
$32.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genesis Land Development Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 231,142,000 to 266,480,000, a change of 35,338,000 (15.3%).
- Net income of 39,597,000 contributed positively to equity growth.
- Dividend payments of 11,074,000 reduced retained earnings.
- Share repurchases of 51,000 reduced equity.
- Other comprehensive income decreased equity by 241,141,000.
- Other factors increased equity by 248,007,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$39.60 Million | +14.86% |
| Dividends Paid | CA$11.07 Million | -4.16% |
| Share Repurchases | CA$51.00K | -0.02% |
| Other Comprehensive Income | CA$-241.14 Million | -90.49% |
| Other Changes | CA$248.01 Million | +93.07% |
| Total Change | CA$- | 15.29% |
Book Value vs Market Value Analysis
This analysis compares Genesis Land Development Corp.'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: 0.72x
- 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 8.58x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CA$0.40 | CA$3.40 | x |
| 1999-12-31 | CA$1.70 | CA$3.40 | x |
| 2000-12-31 | CA$1.16 | CA$3.40 | x |
| 2001-12-31 | CA$1.25 | CA$3.40 | x |
| 2002-12-31 | CA$1.21 | CA$3.40 | x |
| 2003-12-31 | CA$1.75 | CA$3.40 | x |
| 2004-12-31 | CA$1.70 | CA$3.40 | x |
| 2005-12-31 | CA$1.82 | CA$3.40 | x |
| 2006-12-31 | CA$2.02 | CA$3.40 | x |
| 2007-12-31 | CA$2.21 | CA$3.40 | x |
| 2008-12-31 | CA$2.36 | CA$3.40 | x |
| 2009-12-31 | CA$2.58 | CA$3.40 | x |
| 2010-12-31 | CA$3.28 | CA$3.40 | x |
| 2011-12-31 | CA$3.44 | CA$3.40 | x |
| 2012-12-31 | CA$3.62 | CA$3.40 | x |
| 2013-12-31 | CA$3.72 | CA$3.40 | x |
| 2014-12-31 | CA$3.93 | CA$3.40 | x |
| 2015-12-31 | CA$4.73 | CA$3.40 | x |
| 2016-12-31 | CA$4.68 | CA$3.40 | x |
| 2017-12-31 | CA$4.64 | CA$3.40 | x |
| 2018-12-31 | CA$4.44 | CA$3.40 | x |
| 2019-12-31 | CA$3.93 | CA$3.40 | x |
| 2020-12-31 | CA$4.23 | CA$3.40 | x |
| 2021-12-31 | CA$5.12 | CA$3.40 | x |
| 2022-12-31 | CA$3.95 | CA$3.40 | x |
| 2023-12-31 | CA$4.07 | CA$3.40 | x |
| 2024-12-31 | CA$4.69 | CA$3.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genesis Land Development Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.97%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.17x
- Recent ROE (14.86%) is above the historical average (5.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -6.48% | -6.36% | 0.13x | 7.89x | CA$-1.77 Million |
| 1999 | -0.50% | -2.14% | 0.16x | 1.47x | CA$-6.33 Million |
| 2000 | -4.96% | -139.37% | 0.02x | 1.61x | CA$-9.35 Million |
| 2001 | 2.06% | 4.17% | 0.25x | 1.94x | CA$-5.07 Million |
| 2002 | 7.06% | 9.29% | 0.38x | 2.01x | CA$-2.02 Million |
| 2003 | 8.80% | 18.43% | 0.25x | 1.90x | CA$-904.62K |
| 2004 | 1.21% | 6.82% | 0.10x | 1.83x | CA$-6.78 Million |
| 2005 | 10.91% | 25.99% | 0.22x | 1.89x | CA$766.11K |
| 2006 | 8.87% | 16.29% | 0.30x | 1.80x | CA$-1.08 Million |
| 2007 | 19.51% | 23.75% | 0.32x | 2.54x | CA$11.32 Million |
| 2008 | 7.33% | 11.07% | 0.23x | 2.89x | CA$-3.37 Million |
| 2009 | 5.07% | 7.87% | 0.25x | 2.59x | CA$-6.57 Million |
| 2010 | 21.27% | 26.64% | 0.39x | 2.07x | CA$19.29 Million |
| 2011 | 6.15% | 11.55% | 0.25x | 2.10x | CA$-6.92 Million |
| 2012 | 4.67% | 6.26% | 0.37x | 2.02x | CA$-10.10 Million |
| 2013 | 2.92% | 5.95% | 0.31x | 1.61x | CA$-13.84 Million |
| 2014 | 8.36% | 12.96% | 0.43x | 1.49x | CA$-3.42 Million |
| 2015 | 5.19% | 9.25% | 0.36x | 1.56x | CA$-10.20 Million |
| 2016 | 2.87% | 5.09% | 0.40x | 1.40x | CA$-14.67 Million |
| 2017 | 8.44% | 11.26% | 0.50x | 1.50x | CA$-3.14 Million |
| 2018 | 2.15% | 5.06% | 0.29x | 1.45x | CA$-15.07 Million |
| 2019 | 1.56% | 4.46% | 0.23x | 1.53x | CA$-16.36 Million |
| 2020 | -0.11% | -0.20% | 0.39x | 1.42x | CA$-18.97 Million |
| 2021 | 4.76% | 9.91% | 0.34x | 1.42x | CA$-11.99 Million |
| 2022 | 2.01% | 3.22% | 0.39x | 1.62x | CA$-17.94 Million |
| 2023 | 6.28% | 7.14% | 0.46x | 1.90x | CA$-8.60 Million |
| 2024 | 14.86% | 10.97% | 0.62x | 2.17x | CA$12.95 Million |
Industry Comparison
This section compares Genesis Land Development Corp.'s net assets metrics with peer companies in the Real Estate - Development industry.
No peer company data available for comparison.