MFC Industrial Real Estate Investment Trust (MIT) - Net Assets

Latest as of December 2024: ฿-13.88 Million THB ≈ $-432.76K USD

Based on the latest financial reports, MFC Industrial Real Estate Investment Trust (MIT) has net assets worth ฿-13.88 Million THB (≈ $-432.76K USD) 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 ≈ $3.91 Million USD) and total liabilities (฿139.44 Million ≈ $4.35 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 MIT asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore MFC Industrial Real Estate Investment Tr total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is MFC Industrial Real Estate Investment Tr worth.

Year	Net Assets	Change
2024-12-31	฿-13.88 Million ≈ $-432.76K	-129.02%
2023-12-31	฿47.85 Million ≈ $1.49 Million	-87.52%
2022-12-31	฿383.33 Million ≈ $11.95 Million	-56.28%
2021-12-31	฿876.78 Million ≈ $27.33 Million	+22.91%
2020-12-31	฿713.35 Million ≈ $22.23 Million	-2.73%
2019-12-31	฿733.36 Million ≈ $22.86 Million	-6.47%
2018-12-31	฿784.06 Million ≈ $24.44 Million	+0.49%
2017-12-31	฿780.24 Million ≈ $24.32 Million	-3.35%
2016-12-31	฿807.31 Million ≈ $25.16 Million	-13.76%
2015-12-31	฿936.13 Million ≈ $29.18 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
Taylor Maritime Investments Limited LSE:TMIP	$1.25 Million
Tracsis Plc LSE:TRCS	$1.25 Million
GGX Gold Corp V:GGX	$1.25 Million
Motorpoint Group PLC LSE:MOTR	$1.25 Million
Baroyeca Gold & Silver Inc V:BGS	$1.25 Million
Jiuzi Holdings Inc NASDAQ:JZXN	$1.24 Million
JZ Capital Partners Ltd LSE:JZCP	$1.24 Million
Mobius Investment Trust PLC LSE:MMIT	$1.24 Million

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: $6,701,629,684
Average return on equity (ROE) among peers: 6.97%

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	$1.25 Million
AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust (AIMIRT)	$9.79 Billion	6.99%	0.58x	$281.24 Million
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust (AMATAR)	$3.62 Billion	6.95%	0.37x	$76.41 Million

About MFC Industrial Real Estate Investment Trust

BK:MIT Thailand REIT - Industrial

Market Cap

$1.25 Million

฿39.98 Million THB

Market Cap Rank

#30064 Global

#641 in Thailand

Share Price

฿0.41

Change (1 day)

+0.00%

52-Week Range

฿0.33 - ฿0.42

All Time High

฿7.60