Mustek Ltd
Mustek Limited engages in the procurement, assembly, distribution, and servicing of computers, computer components, peripherals, and related products in South Africa, East Africa, and Taiwan. It operates through Mustek, Rectron, and Mecer Inter-Ed segments. The company offers cloud and software solutions; managed cybersecurity and compliance services; accredited training programs; and networking … Read more
Mustek Ltd (MST) - Net Assets
Latest net assets as of June 2025: ZAC1.55 Billion ZAC
Based on the latest financial reports, Mustek Ltd (MST) has net assets worth ZAC1.55 Billion ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC4.04 Billion) and total liabilities (ZAC2.48 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 | ZAC1.55 Billion |
| % of Total Assets | 38.51% |
| Annual Growth Rate | 5.9% |
| 5-Year Change | 14.51% |
| 10-Year Change | 57.44% |
| Growth Volatility | 7.17 |
Mustek Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Mustek Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mustek Ltd (2002–2025)
The table below shows the annual net assets of Mustek Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC1.55 Billion | +2.52% |
| 2024-06-30 | ZAC1.52 Billion | -3.27% |
| 2023-06-30 | ZAC1.57 Billion | +10.94% |
| 2022-06-30 | ZAC1.41 Billion | +4.09% |
| 2021-06-30 | ZAC1.36 Billion | +20.49% |
| 2020-06-30 | ZAC1.13 Billion | +6.96% |
| 2019-06-30 | ZAC1.05 Billion | +6.05% |
| 2018-06-30 | ZAC993.32 Million | +1.52% |
| 2017-06-30 | ZAC978.46 Million | -0.90% |
| 2016-06-30 | ZAC987.34 Million | -2.53% |
| 2015-06-30 | ZAC1.01 Billion | +8.40% |
| 2014-06-30 | ZAC934.51 Million | +11.40% |
| 2013-06-30 | ZAC838.91 Million | +8.36% |
| 2012-06-30 | ZAC774.16 Million | +8.63% |
| 2011-06-30 | ZAC712.67 Million | +5.52% |
| 2010-06-30 | ZAC675.39 Million | +9.08% |
| 2009-06-30 | ZAC619.18 Million | +8.85% |
| 2008-06-30 | ZAC568.82 Million | +6.90% |
| 2007-06-30 | ZAC532.11 Million | -7.53% |
| 2006-06-30 | ZAC575.42 Million | -0.41% |
| 2005-06-30 | ZAC577.81 Million | +8.26% |
| 2004-06-30 | ZAC533.74 Million | +2.09% |
| 2003-06-30 | ZAC522.83 Million | +25.84% |
| 2002-06-30 | ZAC415.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mustek Ltd'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 447.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC1.55 Billion | 99.49% |
| Other Comprehensive Income | ZAC7.94 Million | 0.51% |
| Total Equity | ZAC1.55 Billion | 100.00% |
Mustek Ltd Competitors by Market Cap
The table below lists competitors of Mustek Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starstream Entmt Inc
PINK:SSET
|
$420.03K |
|
LM Pay Spolka Akcyjna
F:Y00
|
$420.52K |
|
FRESNILLO - Dusseldorf Stock Exchang
DU:FNL
|
$420.59K |
|
EPWK Holdings Ltd. Class A Ordinary Shares
NASDAQ:EPWK
|
$420.78K |
|
Genting Hong Kong Limited
PINK:GTHKF
|
$419.71K |
|
noco-noco Inc. Warrant
NASDAQ:NCNCW
|
$419.71K |
|
IN8BIO INC. DL-0001
F:6JH
|
$419.46K |
|
Singapore Reinsurance Corporation Limited
STU:S49
|
$419.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mustek Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,516,314,000 to 1,553,429,000, a change of 37,115,000 (2.4%).
- Net income of 38,820,000 contributed positively to equity growth.
- Dividend payments of 4,316,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,611,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC38.82 Million | +2.5% |
| Dividends Paid | ZAC4.32 Million | -0.28% |
| Other Comprehensive Income | ZAC2.61 Million | +0.17% |
| Other Changes | ZAC-1.00 | -0.0% |
| Total Change | ZAC- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares Mustek Ltd'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: 50.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 492.33x to 50.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | ZAC2.96 | ZAC1459.00 | x |
| 2003-06-30 | ZAC4.59 | ZAC1459.00 | x |
| 2004-06-30 | ZAC4.44 | ZAC1459.00 | x |
| 2005-06-30 | ZAC4.62 | ZAC1459.00 | x |
| 2006-06-30 | ZAC4.09 | ZAC1459.00 | x |
| 2007-06-30 | ZAC4.69 | ZAC1459.00 | x |
| 2008-06-30 | ZAC4.80 | ZAC1459.00 | x |
| 2009-06-30 | ZAC5.27 | ZAC1459.00 | x |
| 2010-06-30 | ZAC5.90 | ZAC1459.00 | x |
| 2011-06-30 | ZAC6.33 | ZAC1459.00 | x |
| 2012-06-30 | ZAC6.94 | ZAC1459.00 | x |
| 2013-06-30 | ZAC7.62 | ZAC1459.00 | x |
| 2014-06-30 | ZAC8.54 | ZAC1459.00 | x |
| 2015-06-30 | ZAC9.35 | ZAC1459.00 | x |
| 2016-06-30 | ZAC9.81 | ZAC1459.00 | x |
| 2017-06-30 | ZAC10.66 | ZAC1459.00 | x |
| 2018-06-30 | ZAC12.65 | ZAC1459.00 | x |
| 2019-06-30 | ZAC14.79 | ZAC1459.00 | x |
| 2020-06-30 | ZAC15.98 | ZAC1459.00 | x |
| 2021-06-30 | ZAC19.52 | ZAC1459.00 | x |
| 2022-06-30 | ZAC22.55 | ZAC1459.00 | x |
| 2023-06-30 | ZAC26.91 | ZAC1459.00 | x |
| 2024-06-30 | ZAC26.44 | ZAC1459.00 | x |
| 2025-06-30 | ZAC28.70 | ZAC1459.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mustek Ltd 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): 2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.54%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 2.60x
- Recent ROE (2.50%) is below the historical average (12.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 25.11% | 3.23% | 2.32x | 3.35x | ZAC54.89 Million |
| 2003 | 23.74% | 3.65% | 2.12x | 3.07x | ZAC62.82 Million |
| 2004 | 10.86% | 1.89% | 1.88x | 3.05x | ZAC4.04 Million |
| 2005 | 16.73% | 2.83% | 1.74x | 3.40x | ZAC33.50 Million |
| 2006 | 17.10% | 2.44% | 1.62x | 4.33x | ZAC30.97 Million |
| 2007 | 14.23% | 2.17% | 1.81x | 3.62x | ZAC21.66 Million |
| 2008 | 16.53% | 2.57% | 1.68x | 3.84x | ZAC34.61 Million |
| 2009 | 9.01% | 1.51% | 1.90x | 3.14x | ZAC-5.79 Million |
| 2010 | 9.89% | 1.89% | 1.94x | 2.71x | ZAC-688.40K |
| 2011 | 13.84% | 2.74% | 2.10x | 2.41x | ZAC26.66 Million |
| 2012 | 10.61% | 2.29% | 1.65x | 2.80x | ZAC4.61 Million |
| 2013 | 10.29% | 2.09% | 1.82x | 2.70x | ZAC2.41 Million |
| 2014 | 11.72% | 2.25% | 1.76x | 2.95x | ZAC15.73 Million |
| 2015 | 13.36% | 2.50% | 1.54x | 3.48x | ZAC33.35 Million |
| 2016 | 7.55% | 1.41% | 1.71x | 3.12x | ZAC-24.16 Million |
| 2017 | 7.53% | 1.39% | 1.76x | 3.07x | ZAC-23.94 Million |
| 2018 | 8.11% | 1.41% | 1.94x | 2.98x | ZAC-18.64 Million |
| 2019 | 10.00% | 1.79% | 1.89x | 2.96x | ZAC3.60K |
| 2020 | 7.76% | 1.36% | 1.76x | 3.24x | ZAC-25.03 Million |
| 2021 | 21.75% | 3.68% | 2.20x | 2.69x | ZAC158.73 Million |
| 2022 | 15.57% | 2.47% | 1.78x | 3.55x | ZAC78.66 Million |
| 2023 | 14.01% | 2.17% | 1.77x | 3.65x | ZAC62.85 Million |
| 2024 | 1.41% | 0.25% | 1.74x | 3.22x | ZAC-130.23 Million |
| 2025 | 2.50% | 0.54% | 1.78x | 2.60x | ZAC-116.52 Million |
Industry Comparison
This section compares Mustek Ltd's net assets metrics with peer companies in the Computer Hardware industry.
No peer company data available for comparison.