Genesis Land Development Corp. (GDC) - Net Assets
Based on the latest financial reports, Genesis Land Development Corp. (GDC) has net assets worth CA$327.36 Million CAD (≈ $236.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$629.91 Million ≈ $455.67 Million USD) and total liabilities (CA$302.55 Million ≈ $218.86 Million USD). 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 GDC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$327.36 Million |
| % of Total Assets | 51.97% |
| Annual Growth Rate | 13.49% |
| 5-Year Change | 38.75% |
| 10-Year Change | 54.66% |
| Growth Volatility | 86.54 |
Genesis Land Development Corp. - Net Assets Trend (1998–2025)
This chart illustrates how Genesis Land Development Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Genesis Land Development Corp. for the complete picture of this company's asset base.
Annual Net Assets for Genesis Land Development Corp. (1998–2025)
The table below shows the annual net assets of Genesis Land Development Corp. from 1998 to 2025. For live valuation and market cap data, see market cap of Genesis Land Development Corp..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$327.36 Million ≈ $236.81 Million |
+13.99% |
| 2024-12-31 | CA$287.20 Million ≈ $207.75 Million |
+19.10% |
| 2023-12-31 | CA$241.14 Million ≈ $174.44 Million |
+6.07% |
| 2022-12-31 | CA$227.34 Million ≈ $164.45 Million |
-3.65% |
| 2021-12-31 | CA$235.94 Million ≈ $170.67 Million |
+18.11% |
| 2020-12-31 | CA$199.76 Million ≈ $144.50 Million |
-6.17% |
| 2019-12-31 | CA$212.90 Million ≈ $154.00 Million |
+1.49% |
| 2018-12-31 | CA$209.77 Million ≈ $151.74 Million |
-4.45% |
| 2017-12-31 | CA$219.54 Million ≈ $158.81 Million |
+3.72% |
| 2016-12-31 | CA$211.66 Million ≈ $153.12 Million |
-5.92% |
| 2015-12-31 | CA$224.99 Million ≈ $162.76 Million |
-2.72% |
| 2014-12-31 | CA$231.27 Million ≈ $167.30 Million |
+6.13% |
| 2013-12-31 | CA$217.93 Million ≈ $157.64 Million |
-3.70% |
| 2012-12-31 | CA$226.31 Million ≈ $163.71 Million |
-4.36% |
| 2011-12-31 | CA$236.62 Million ≈ $171.17 Million |
+2.84% |
| 2010-12-31 | CA$230.09 Million ≈ $166.44 Million |
+18.39% |
| 2009-12-31 | CA$194.36 Million ≈ $140.59 Million |
+1.82% |
| 2008-12-31 | CA$190.88 Million ≈ $138.08 Million |
+7.31% |
| 2007-12-31 | CA$177.87 Million ≈ $128.67 Million |
+43.77% |
| 2006-12-31 | CA$123.72 Million ≈ $89.50 Million |
+30.49% |
| 2005-12-31 | CA$94.81 Million ≈ $68.59 Million |
+23.02% |
| 2004-12-31 | CA$77.07 Million ≈ $55.75 Million |
+2.13% |
| 2003-12-31 | CA$75.46 Million ≈ $54.59 Million |
+10.06% |
| 2002-12-31 | CA$68.57 Million ≈ $49.60 Million |
+7.42% |
| 2001-12-31 | CA$63.83 Million ≈ $46.17 Million |
+2.14% |
| 2000-12-31 | CA$62.49 Million ≈ $45.21 Million |
+3.69% |
| 1999-12-31 | CA$60.27 Million ≈ $43.60 Million |
+461.37% |
| 1998-12-31 | CA$10.74 Million ≈ $7.77 Million |
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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 4714.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$215.37 Million | 72.15% |
| Common Stock | CA$82.05 Million | 27.49% |
| Other Components | CA$1.06 Million | 0.36% |
| Total Equity | CA$298.49 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 |
|---|---|
|
Daishin Securities Co Ltd Pref 2
KO:003547
|
$134.49 Million |
|
Meghmani Organics Limited
NSE:MOL
|
$134.57 Million |
|
STEEL EXCHANGE INDIA LIMITED
NSE:STEELXIND
|
$134.61 Million |
|
Shimmick Corporation Common Stock
NASDAQ:SHIM
|
$134.62 Million |
|
Lonyer Fuels
SHG:603003
|
$134.35 Million |
|
Lu Thai Textile
SHE:200726
|
$134.23 Million |
|
Texaf SA
BR:TEXF
|
$134.20 Million |
|
Compañía Minera Autlán S.A.B. de C.V
MX:AUTLANB
|
$134.17 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 2024 to 2025, total equity changed from 266,480,000 to 298,488,000, a change of 32,008,000 (12.0%).
- Net income of 39,243,000 contributed positively to equity growth.
- Dividend payments of 16,486,999 reduced retained earnings.
- Share repurchases of 466,000 reduced equity.
- Other factors increased equity by 9,717,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$39.24 Million | +13.15% |
| Dividends Paid | CA$16.49 Million | -5.52% |
| Share Repurchases | CA$466.00K | -0.16% |
| Other Changes | CA$9.72 Million | +3.26% |
| Total Change | CA$- | 12.01% |
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: 0.63x
- 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 8.32x to 0.63x 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$3.30 | x |
| 1999-12-31 | CA$1.70 | CA$3.30 | x |
| 2000-12-31 | CA$1.16 | CA$3.30 | x |
| 2001-12-31 | CA$1.25 | CA$3.30 | x |
| 2002-12-31 | CA$1.21 | CA$3.30 | x |
| 2003-12-31 | CA$1.75 | CA$3.30 | x |
| 2004-12-31 | CA$1.70 | CA$3.30 | x |
| 2005-12-31 | CA$1.82 | CA$3.30 | x |
| 2006-12-31 | CA$2.02 | CA$3.30 | x |
| 2007-12-31 | CA$2.21 | CA$3.30 | x |
| 2008-12-31 | CA$2.36 | CA$3.30 | x |
| 2009-12-31 | CA$2.58 | CA$3.30 | x |
| 2010-12-31 | CA$3.28 | CA$3.30 | x |
| 2011-12-31 | CA$3.44 | CA$3.30 | x |
| 2012-12-31 | CA$3.62 | CA$3.30 | x |
| 2013-12-31 | CA$3.72 | CA$3.30 | x |
| 2014-12-31 | CA$3.93 | CA$3.30 | x |
| 2015-12-31 | CA$4.73 | CA$3.30 | x |
| 2016-12-31 | CA$4.68 | CA$3.30 | x |
| 2017-12-31 | CA$4.64 | CA$3.30 | x |
| 2018-12-31 | CA$4.44 | CA$3.30 | x |
| 2019-12-31 | CA$3.93 | CA$3.30 | x |
| 2020-12-31 | CA$4.23 | CA$3.30 | x |
| 2021-12-31 | CA$5.12 | CA$3.30 | x |
| 2022-12-31 | CA$3.95 | CA$3.30 | x |
| 2023-12-31 | CA$4.07 | CA$3.30 | x |
| 2024-12-31 | CA$4.69 | CA$3.30 | x |
| 2025-12-31 | CA$5.26 | CA$3.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genesis Land Development Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.30%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.11x
- Recent ROE (13.15%) is above the historical average (5.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -6.48% | -6.36% | 0.13x | 7.89x | CA$-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 |
| 2025 | 13.15% | 10.30% | 0.61x | 2.11x | CA$9.39 Million |
Industry Comparison
This section compares Genesis Land Development Corp.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $399,700,835
- Average return on equity (ROE) among peers: -16.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genesis Land Development Corp. (GDC) | CA$327.36 Million | -6.48% | 0.92x | $134.38 Million |
| Dream Unlimited Corp (DRM) | $1.12 Billion | 17.06% | 1.46x | $541.45 Million |
| Kadestone Capital Corp (KDSX) | $6.02 Million | -77.15% | 2.05x | $16.97 Million |
| Melcor Developments Ltd. (MRD) | $73.50 Million | 11.56% | 0.74x | $402.08 Million |
About 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 thir… Read more