MANX FIN GROUP
MANX FIN GROUP operates in Diversified Metals & Mining.
MANX FIN GROUP (3IM) - Net Assets
Latest net assets as of December 2023: €35.98 Million EUR
Based on the latest financial reports, MANX FIN GROUP (3IM) has net assets worth €35.98 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€480.70 Million) and total liabilities (€444.72 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 | €35.98 Million |
| % of Total Assets | 7.49% |
| Annual Growth Rate | 15.45% |
| 5-Year Change | 61.23% |
| 10-Year Change | N/A |
| Growth Volatility | 9.1 |
MANX FIN GROUP - Net Assets Trend (2016–2023)
This chart illustrates how MANX FIN GROUP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MANX FIN GROUP (2016–2023)
The table below shows the annual net assets of MANX FIN GROUP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €35.98 Million | +20.87% |
| 2022-12-31 | €29.77 Million | +19.15% |
| 2021-12-31 | €24.98 Million | +11.37% |
| 2020-12-31 | €22.43 Million | +0.52% |
| 2019-12-31 | €22.32 Million | +13.16% |
| 2018-12-31 | €19.72 Million | +13.12% |
| 2017-12-31 | €17.44 Million | +32.39% |
| 2016-12-31 | €13.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MANX FIN GROUP'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 2130700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €15.54 Million | 44.48% |
| Other Components | €19.40 Million | 55.52% |
| Total Equity | €34.94 Million | 100.00% |
MANX FIN GROUP Competitors by Market Cap
The table below lists competitors of MANX FIN GROUP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZAMBIA BATA SHOE PLC
LUSE:BATA
|
$2.90K |
|
Boatim Inc
PINK:BTIM
|
$2.90K |
|
Ekipa Holding S.A.
WAR:EEE
|
$2.91K |
|
National Cement
EGX:NCEM
|
$2.91K |
|
Taaleem Management Services
EGX:TALM
|
$2.89K |
|
RHT HOLDING LTD
SEM:RHT
|
$2.88K |
|
TRANS.EVERGR. INH. EO -5
F:36J
|
$2.88K |
|
LPSB3F
SA:LPSB3F
|
$2.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MANX FIN GROUP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 29,581,000 to 34,943,000, a change of 5,362,000 (18.1%).
- Net income of 5,288,000 contributed positively to equity growth.
- Dividend payments of 342,000 reduced retained earnings.
- New share issuances of 98,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.29 Million | +15.13% |
| Dividends Paid | €342.00K | -0.98% |
| Share Issuances | €98.00K | +0.28% |
| Other Changes | €318.00K | +0.91% |
| Total Change | €- | 18.13% |
Book Value vs Market Value Analysis
This analysis compares MANX FIN GROUP'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: 0.99x
- 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 2.24x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.13 | €0.30 | x |
| 2018-12-31 | €0.15 | €0.30 | x |
| 2019-12-31 | €0.17 | €0.30 | x |
| 2020-12-31 | €0.20 | €0.30 | x |
| 2021-12-31 | €0.22 | €0.30 | x |
| 2022-12-31 | €0.26 | €0.30 | x |
| 2023-12-31 | €0.30 | €0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MANX FIN GROUP 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): 15.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.80%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 13.76x
- Recent ROE (15.13%) is above the historical average (12.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.88% | 14.06% | 0.06x | 11.59x | €-16.00K |
| 2017 | 14.38% | 21.38% | 0.07x | 9.93x | €764.40K |
| 2018 | 12.51% | 18.59% | 0.07x | 9.98x | €494.70K |
| 2019 | 11.98% | 15.84% | 0.07x | 11.33x | €441.10K |
| 2020 | 8.66% | 11.23% | 0.06x | 11.99x | €-300.10K |
| 2021 | 11.20% | 14.15% | 0.06x | 12.39x | €300.10K |
| 2022 | 14.64% | 16.60% | 0.07x | 12.82x | €1.37 Million |
| 2023 | 15.13% | 16.80% | 0.07x | 13.76x | €1.79 Million |
Industry Comparison
This section compares MANX FIN GROUP's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MANX FIN GROUP (3IM) | €35.98 Million | 9.88% | 12.36x | $2.89K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |