GINSMS Inc
GINSMS Inc., an investment holding company, operates as a mobile technology and services company in Singapore, Malaysia, Indonesia, other Asia countries, Europe, the United States, and internationally. It operates through two segments, Messaging Services, and Software Products and Services. The company offers cloud-based application-to-peer (A2P) messaging services that enable mobile application … Read more
GINSMS Inc (GOK) - Net Assets
Latest net assets as of September 2025: CA$-2.93 Million CAD
Based on the latest financial reports, GINSMS Inc (GOK) has net assets worth CA$-2.93 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$750.06K) and total liabilities (CA$3.68 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.93 Million |
| % of Total Assets | -390.17% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GINSMS Inc - Net Assets Trend (2013–2024)
This chart illustrates how GINSMS Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GINSMS Inc (2013–2024)
The table below shows the annual net assets of GINSMS Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.55 Million | -2.96% |
| 2023-12-31 | CA$-2.47 Million | -6.08% |
| 2022-12-31 | CA$-2.33 Million | +61.07% |
| 2021-12-31 | CA$-5.99 Million | -22.65% |
| 2017-12-31 | CA$-4.88 Million | -4.57% |
| 2016-12-31 | CA$-4.67 Million | -44.91% |
| 2015-12-31 | CA$-3.22 Million | +67.98% |
| 2014-12-31 | CA$-10.06 Million | -212.39% |
| 2013-12-31 | CA$-3.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GINSMS Inc'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 1277704800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$15.36 Million | % |
| Total Equity | CA$-2.53 Million | 100.00% |
GINSMS Inc Competitors by Market Cap
The table below lists competitors of GINSMS Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MITSUBISHI ESTATE - Dusseldorf Stock Exchang
DU:MES
|
$244.62K |
|
Zapp Electric Vehicles Group Limited Ordinary Shares
NASDAQ:ZAPP
|
$244.66K |
|
WULX
BATS:WULX
|
$244.91K |
|
Cosmo Energy Holdings Co. Ltd.
F:2LW
|
$244.97K |
|
Ardiden Limited
PINK:ARDDF
|
$244.51K |
|
NYDSV
OTCGREY:NYDSV
|
$244.43K |
|
STRATS SM Trust for Dominion Resources Inc Securities Series 2005-6 IC
NYSE:GJP
|
$244.28K |
|
Lithium One Metals Inc.
PINK:LOMEF
|
$244.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GINSMS Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,458,189 to -2,530,852, a change of -72,663.
- Net income of 21,971 contributed positively to equity growth.
- Other factors decreased equity by 94,634.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$21.97K | +0.87% |
| Other Changes | CA$-94.63K | -3.74% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares GINSMS Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$-0.04 | CA$0.02 | x |
| 2022-12-31 | CA$-0.01 | CA$0.02 | x |
| 2023-12-31 | CA$-0.01 | CA$0.02 | x |
| 2024-12-31 | CA$-0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GINSMS Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.88%
- • Asset Turnover: 2.36x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -262.75% | 0.23x | 0.00x | CA$-2.65 Million |
| 2014 | 0.00% | -355.28% | 0.92x | 0.00x | CA$-5.77 Million |
| 2015 | 0.00% | -144.19% | 1.80x | 0.00x | CA$-6.47 Million |
| 2016 | 0.00% | -23.25% | 2.47x | 0.00x | CA$-1.04 Million |
| 2017 | 0.00% | -15.19% | 3.56x | 0.00x | CA$-634.86K |
| 2021 | 0.00% | 10.31% | 2.92x | 0.00x | CA$878.37K |
| 2022 | 0.00% | -1.05% | 3.19x | 0.00x | CA$200.13K |
| 2023 | 0.00% | -4.03% | 3.03x | 0.00x | CA$117.25K |
| 2024 | 0.00% | 0.88% | 2.36x | 0.00x | CA$275.06K |
Industry Comparison
This section compares GINSMS Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $-9,610,558
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GINSMS Inc (GOK) | CA$-2.93 Million | 0.00% | N/A | $244.54K |
| Adya Inc (ADYA) | $-4.02 Million | 0.00% | 0.00x | $405.15K |
| Voice Mobility International Inc (VMY-H) | $-15.20 Million | 0.00% | 0.00x | $31.24K |