Major Cineplex Lifestyle Leasehold Property Fund

BK:MJLF Thailand REIT - Retail
Market Cap
$40.92 Million
฿1.42 Billion THB
Market Cap Rank
#26874 Global
#437 in Thailand
Share Price
฿4.30
Change (1 day)
+0.00%
52-Week Range
฿3.82 - ฿4.48
All Time High
฿14.62
Categories
Companies in Thailand REIT - Retail
About

Major Cineplex Lifestyle Leasehold Property Fund. is a fund of ING Funds (Thailand) Co., Ltd.

Major Cineplex Lifestyle Leasehold Property Fund (MJLF) - Net Assets

Latest net assets as of June 2025: ฿3.78 Billion THB

Based on the latest financial reports, Major Cineplex Lifestyle Leasehold Property Fund (MJLF) has net assets worth ฿3.78 Billion THB as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.96 Billion) and total liabilities (฿175.96 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 ฿3.78 Billion
% of Total Assets 95.55%
Annual Growth Rate 1.76%
5-Year Change -8.65%
10-Year Change -9.08%
Growth Volatility 28.4

Major Cineplex Lifestyle Leasehold Property Fund - Net Assets Trend (2007–2024)

This chart illustrates how Major Cineplex Lifestyle Leasehold Property Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Major Cineplex Lifestyle Leasehold Property Fund (2007–2024)

The table below shows the annual net assets of Major Cineplex Lifestyle Leasehold Property Fund from 2007 to 2024.

Year Net Assets Change
2024-12-31 ฿3.66 Billion +5.81%
2023-12-31 ฿3.46 Billion -0.58%
2022-12-31 ฿3.48 Billion -14.70%
2021-12-31 ฿4.08 Billion +1.80%
2020-12-31 ฿4.00 Billion -0.75%
2019-12-31 ฿4.03 Billion +1.57%
2018-12-31 ฿3.97 Billion +0.01%
2017-12-31 ฿3.97 Billion -1.90%
2016-12-31 ฿4.05 Billion +0.64%
2015-12-31 ฿4.02 Billion +0.62%
2014-12-31 ฿4.00 Billion +0.36%
2013-12-31 ฿3.98 Billion +0.52%
2012-12-31 ฿3.96 Billion +0.93%
2011-12-31 ฿3.93 Billion +5.40%
2010-12-31 ฿3.72 Billion +37.85%
2009-12-31 ฿2.70 Billion -50.16%
2008-12-31 ฿5.42 Billion +99.57%
2007-12-31 ฿2.72 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Major Cineplex Lifestyle Leasehold Property Fund'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 1.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿422.66 Million 11.56%
Common Stock ฿3.23 Billion 88.44%
Total Equity ฿3.66 Billion 100.00%

Major Cineplex Lifestyle Leasehold Property Fund Competitors by Market Cap

The table below lists competitors of Major Cineplex Lifestyle Leasehold Property Fund ranked by their market capitalization.

Company Market Cap
Seoyon Topmetal Co. Ltd
KQ:019770
 		$14.64 Million
Kinetiko Energy Ltd
AU:KKO
 		$14.64 Million
HOPSCOTCH GROUPE SA EO-75
F:4Z2
 		$14.65 Million
Heeton Holdings Limited
F:SST
 		$14.65 Million
Xos Inc
NASDAQ:XOS
 		$14.64 Million
Delta Djakarta Tbk
JK:DLTA
 		$14.64 Million
Adisyn Ltd
AU:AI1
 		$14.64 Million
Interlink Electronics Inc
NASDAQ:LINK
 		$14.63 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Major Cineplex Lifestyle Leasehold Property Fund's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,455,886,357 to 3,656,664,687, a change of 200,778,330 (5.8%).
  • Net income of 385,413,330 contributed positively to equity growth.
  • Dividend payments of 184,635,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿385.41 Million +10.54%
Dividends Paid ฿184.63 Million -5.05%
Total Change ฿- 5.81%

Book Value vs Market Value Analysis

This analysis compares Major Cineplex Lifestyle Leasehold Property Fund'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: 0.39x
  • 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 1.37x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 ฿3.13 ฿4.30 x
2008-12-31 ฿6.16 ฿4.30 x
2009-12-31 ฿8.19 ฿4.30 x
2010-12-31 ฿11.29 ฿4.30 x
2011-12-31 ฿11.90 ฿4.30 x
2012-12-31 ฿12.01 ฿4.30 x
2013-12-31 ฿12.07 ฿4.30 x
2014-12-31 ฿12.11 ฿4.30 x
2015-12-31 ฿12.19 ฿4.30 x
2016-12-31 ฿12.27 ฿4.30 x
2017-12-31 ฿12.03 ฿4.30 x
2018-12-31 ฿12.03 ฿4.30 x
2019-12-31 ฿12.22 ฿4.30 x
2020-12-31 ฿12.13 ฿4.30 x
2021-12-31 ฿12.35 ฿4.30 x
2022-12-31 ฿10.53 ฿4.30 x
2023-12-31 ฿10.47 ฿4.30 x
2024-12-31 ฿11.08 ฿4.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Major Cineplex Lifestyle Leasehold Property Fund 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): 10.54%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 117.35%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 1.05x
  • Recent ROE (10.54%) is above the historical average (6.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 17.21% 301.24% 0.06x 1.02x ฿195.83 Million
2008 11.85% 11.59% 0.57x 1.78x ฿100.47 Million
2009 7.58% 63.42% 0.12x 1.02x ฿-65.44 Million
2010 7.96% 88.07% 0.09x 1.05x ฿-75.88 Million
2011 11.26% 102.16% 0.11x 1.03x ฿49.60 Million
2012 9.04% 79.59% 0.11x 1.03x ฿-37.97 Million
2013 8.55% 75.60% 0.11x 1.03x ฿-57.76 Million
2014 8.39% 71.96% 0.11x 1.03x ฿-64.39 Million
2015 9.00% 76.59% 0.11x 1.03x ฿-40.07 Million
2016 8.87% 75.47% 0.11x 1.03x ฿-45.86 Million
2017 5.84% 53.70% 0.11x 1.03x ฿-165.34 Million
2018 7.28% 72.13% 0.10x 1.03x ฿-108.00 Million
2019 8.17% 79.71% 0.10x 1.04x ฿-73.76 Million
2020 2.33% 31.87% 0.07x 1.05x ฿-306.92 Million
2021 9.85% 134.42% 0.07x 1.04x ฿-6.30 Million
2022 -29.57% -320.50% 0.09x 1.05x ฿-1.38 Billion
2023 4.03% 44.35% 0.09x 1.05x ฿-206.34 Million
2024 10.54% 117.35% 0.09x 1.05x ฿19.75 Million

Industry Comparison

This section compares Major Cineplex Lifestyle Leasehold Property Fund's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

  • Industry: REIT - Retail
  • Average net assets among peers: $12,228,665,368
  • Average return on equity (ROE) among peers: 6.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Major Cineplex Lifestyle Leasehold Property Fund (MJLF) ฿3.78 Billion 17.21% 0.05x $14.64 Million
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust (AIMCG) $3.00 Billion 5.71% 0.11x $10.20 Million
Ally Leasehold Real Estate Investment Trust (ALLY) $4.26 Billion 8.23% 0.03x $67.32 Million
AXTRART_AXTRA FUTURE CITY (AXTRART) $29.43 Billion 4.85% 0.13x $330.61 Million