MFC Industrial Real Estate Investment Trust
MFC Industrial Real Estate Investment Trust, through its subsidiary, APUK Ltd, invests in and owns land and data center building located in London, the United Kingdom. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. … Read more
MFC Industrial Real Estate Investment Trust (MIT) - Net Assets
Latest net assets as of December 2024: ฿-13.88 Million THB
Based on the latest financial reports, MFC Industrial Real Estate Investment Trust (MIT) has net assets worth ฿-13.88 Million THB as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿125.56 Million) and total liabilities (฿139.44 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 | ฿-13.88 Million |
| % of Total Assets | -11.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.95% |
| 10-Year Change | N/A |
| Growth Volatility | 46.9 |
MFC Industrial Real Estate Investment Trust - Net Assets Trend (2015–2024)
This chart illustrates how MFC Industrial Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MFC Industrial Real Estate Investment Trust (2015–2024)
The table below shows the annual net assets of MFC Industrial Real Estate Investment Trust from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿-13.88 Million | -129.02% |
| 2023-12-31 | ฿47.85 Million | -87.52% |
| 2022-12-31 | ฿383.33 Million | -56.28% |
| 2021-12-31 | ฿876.78 Million | +22.91% |
| 2020-12-31 | ฿713.35 Million | -2.73% |
| 2019-12-31 | ฿733.36 Million | -6.47% |
| 2018-12-31 | ฿784.06 Million | +0.49% |
| 2017-12-31 | ฿780.24 Million | -3.35% |
| 2016-12-31 | ฿807.31 Million | -13.76% |
| 2015-12-31 | ฿936.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MFC Industrial Real Estate Investment Trust'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 65907644700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿811.69 Million | % |
| Other Comprehensive Income | ฿-163.47 Million | % |
| Total Equity | ฿-13.88 Million | 100.00% |
MFC Industrial Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of MFC Industrial Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WYNN RESORTS - Dusseldorf Stock Exchang
DU:WYR
|
$842.89K |
|
AB Linas
MU:YCJ
|
$842.92K |
|
PolyPlank publ AB
ST:POLY
|
$843.62K |
|
Vycor Medical Inc
OTCQB:VYCO
|
$843.92K |
|
MASI AGRICOLA S.P.A.
F:0CY
|
$840.45K |
|
Portofino Resources Inc
PINK:PFFOF
|
$839.77K |
|
Inventronics Ltd
V:IVX
|
$839.68K |
|
Gencell Ltd
PINK:GNCLF
|
$839.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MFC Industrial Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,850,607 to -13,884,327, a change of -61,734,934 (-129.0%).
- Net loss of 74,888,526 reduced equity.
- Other comprehensive income increased equity by 13,153,592.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-74.89 Million | -539.37% |
| Other Comprehensive Income | ฿13.15 Million | +94.74% |
| Total Change | ฿- | -129.02% |
Book Value vs Market Value Analysis
This analysis compares MFC Industrial Real Estate Investment Trust'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 |
|---|---|---|---|
| 2015-12-31 | ฿9.60 | ฿0.41 | x |
| 2016-12-31 | ฿8.25 | ฿0.41 | x |
| 2017-12-31 | ฿8.00 | ฿0.41 | x |
| 2018-12-31 | ฿8.04 | ฿0.41 | x |
| 2019-12-31 | ฿7.52 | ฿0.41 | x |
| 2020-12-31 | ฿7.32 | ฿0.41 | x |
| 2021-12-31 | ฿8.99 | ฿0.41 | x |
| 2022-12-31 | ฿3.93 | ฿0.41 | x |
| 2023-12-31 | ฿0.49 | ฿0.41 | x |
| 2024-12-31 | ฿-0.14 | ฿0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MFC Industrial Real Estate Investment Trust 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: -9341.73%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-84.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -0.32% | -65.85% | 0.00x | 1.74x | ฿-96.64 Million |
| 2016 | 5.21% | 48.06% | 0.07x | 1.60x | ฿-38.65 Million |
| 2017 | 0.91% | 8.89% | 0.06x | 1.61x | ฿-70.93 Million |
| 2018 | 11.02% | 96.85% | 0.07x | 1.59x | ฿7.98 Million |
| 2019 | 1.45% | 12.75% | 0.07x | 1.62x | ฿-62.73 Million |
| 2020 | -0.53% | -4.46% | 0.07x | 1.65x | ฿-75.10 Million |
| 2021 | 14.57% | 138.31% | 0.07x | 1.58x | ฿40.07 Million |
| 2022 | -113.29% | -478.37% | 0.11x | 2.19x | ฿-472.61 Million |
| 2023 | -759.71% | -1463.52% | 0.05x | 10.30x | ฿-368.31 Million |
| 2024 | 0.00% | -9341.73% | 0.01x | 0.00x | ฿-73.50 Million |
Industry Comparison
This section compares MFC Industrial Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $4,357,826,673
- Average return on equity (ROE) among peers: 7.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MFC Industrial Real Estate Investment Trust (MIT) | ฿-13.88 Million | -0.32% | N/A | $841.78K |
| Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust (AMATAR) | $3.64 Billion | 8.51% | 0.37x | $55.79 Million |
| Ticon Freehold and Leasehold Real Estate Investment Trust (FTREIT) | $5.75 Billion | 8.49% | 0.35x | $623.59 Million |
| Prospect Logistics and Industrial Leasehold Real Estate Investment Trust (PROSPECT) | $3.45 Billion | 8.29% | 0.55x | $66.47 Million |
| Sub Sri Thai Real Estate Investment Trust (SSTRT) | $1.54 Billion | 6.06% | 0.12x | $12.21 Million |
| WHA Industrial Leasehold REIT (WHAIR) | $7.41 Billion | 8.22% | 0.55x | $168.99 Million |