Midland Holdings Limited
Midland Holdings Limited, an investment holding company, provides property agency services in Hong Kong, Macau, and Mainland China. The company offers non-residential property agency services to industrial, commercial, and shop properties; project planning, commercial property management, and marketing and sales planning services; and surveying, leasing, and property management services. It also … Read more
Midland Holdings Limited (MTK) - Net Assets
Latest net assets as of June 2025: €1.14 Billion EUR
Based on the latest financial reports, Midland Holdings Limited (MTK) has net assets worth €1.14 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.42 Billion) and total liabilities (€3.28 Billion). 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 | €1.14 Billion |
| % of Total Assets | 25.85% |
| Annual Growth Rate | -3.83% |
| 5-Year Change | -8.78% |
| 10-Year Change | -35.05% |
| Growth Volatility | 22.81 |
Midland Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Midland Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Midland Holdings Limited (2013–2024)
The table below shows the annual net assets of Midland Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €993.71 Million | +51.21% |
| 2023-12-31 | €657.19 Million | -3.95% |
| 2022-12-31 | €684.25 Million | -42.32% |
| 2021-12-31 | €1.19 Billion | +8.88% |
| 2020-12-31 | €1.09 Billion | -17.76% |
| 2019-12-31 | €1.32 Billion | -9.03% |
| 2018-12-31 | €1.46 Billion | +6.93% |
| 2017-12-31 | €1.36 Billion | +15.06% |
| 2016-12-31 | €1.18 Billion | -22.64% |
| 2015-12-31 | €1.53 Billion | -4.76% |
| 2014-12-31 | €1.61 Billion | +5.17% |
| 2013-12-31 | €1.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Midland Holdings Limited'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €993.71 Million | 100.00% |
| Total Equity | €993.71 Million | 100.00% |
Midland Holdings Limited Competitors by Market Cap
The table below lists competitors of Midland Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auna S.A.
NYSE:AUNA
|
$148.64 Million |
|
Brazil Potash Corp.
NYSE:GRO
|
$148.72 Million |
|
Awfis Space Solutions Ltd
NSE:AWFIS
|
$148.79 Million |
|
Proficient Auto Logistics, Inc. Common Stock
NASDAQ:PAL
|
$148.96 Million |
|
Shandong Swan Cotton
SHG:603029
|
$148.62 Million |
|
Pihlajalinna Oyj
PINK:PIHLF
|
$148.51 Million |
|
ADVANCEDADVT LTD. ORD NPV
F:06P0
|
$148.50 Million |
|
Chien Kuo Construction Co Ltd
TW:5515
|
$148.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Midland Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 657,191,000 to 993,714,000, a change of 336,523,000 (51.2%).
- Net income of 320,323,000 contributed positively to equity growth.
- Other factors increased equity by 16,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €320.32 Million | +32.23% |
| Other Changes | €16.20 Million | +1.63% |
| Total Change | €- | 51.21% |
Book Value vs Market Value Analysis
This analysis compares Midland Holdings Limited'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: 0.25x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.90 | €0.35 | x |
| 2018-12-31 | €2.03 | €0.35 | x |
| 2019-12-31 | €1.84 | €0.35 | x |
| 2020-12-31 | €1.52 | €0.35 | x |
| 2021-12-31 | €1.65 | €0.35 | x |
| 2022-12-31 | €0.95 | €0.35 | x |
| 2023-12-31 | €0.92 | €0.35 | x |
| 2024-12-31 | €1.39 | €0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Midland Holdings Limited 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): 32.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 4.74x
- Recent ROE (32.23%) is above the historical average (-2.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -15.25% | -6.10% | 1.02x | 2.45x | €-337.83 Million |
| 2014 | 4.55% | 1.55% | 1.01x | 2.91x | €-76.64 Million |
| 2015 | -7.49% | -2.54% | 1.26x | 2.34x | €-232.32 Million |
| 2016 | 0.89% | 0.21% | 1.36x | 3.16x | €-107.81 Million |
| 2017 | 14.21% | 3.65% | 1.20x | 3.24x | €57.27 Million |
| 2018 | 3.99% | 1.16% | 1.09x | 3.15x | €-87.48 Million |
| 2019 | -5.20% | -1.41% | 0.95x | 3.90x | €-201.39 Million |
| 2020 | 12.10% | 2.65% | 0.99x | 4.62x | €22.91 Million |
| 2021 | 8.45% | 1.67% | 0.94x | 5.36x | €-18.41 Million |
| 2022 | -78.04% | -17.14% | 0.81x | 5.59x | €-602.40 Million |
| 2023 | -6.38% | -1.03% | 1.14x | 5.43x | €-107.64 Million |
| 2024 | 32.23% | 5.26% | 1.29x | 4.74x | €220.95 Million |
Industry Comparison
This section compares Midland Holdings Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $7,323,327,296
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Midland Holdings Limited (MTK) | €1.14 Billion | -15.25% | 2.87x | $148.63 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $7.21 Billion | 27.32% | 1.57x | $1.64 Billion |
| The RMR Group Inc (26R) | $540.90 Million | 5.32% | 0.28x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.28 Million |
| PHN (2PN) | $2.28 Billion | 3.03% | 0.66x | $30.69 Million |
| RomReal Limited (3RR) | $16.64 Million | 2.97% | 0.03x | $999.26K |
| Red Star Macalline Group Corporation Ltd (3S5) | $57.53 Billion | 3.56% | 1.35x | $234.20 Million |
| AMASTEN (4M2B) | $5.21 Billion | 11.02% | 1.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $141.97 Million | 6.12% | 0.69x | $138.66 Million |
| Accentro Real Estate AG (A4Y) | $136.84 Million | 19.21% | 1.20x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $6.07 Million |