MIN XIN HOLDINGS
MIN XIN HOLDINGS operates in Diversified Metals & Mining.
MIN XIN HOLDINGS (MXD) - Net Assets
Latest net assets as of December 2023: €8.07 Billion EUR
Based on the latest financial reports, MIN XIN HOLDINGS (MXD) has net assets worth €8.07 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.18 Billion) and total liabilities (€1.12 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 | €8.07 Billion |
| % of Total Assets | 87.86% |
| Annual Growth Rate | 7.75% |
| 5-Year Change | 14.57% |
| 10-Year Change | N/A |
| Growth Volatility | 12.77 |
MIN XIN HOLDINGS - Net Assets Trend (2016–2023)
This chart illustrates how MIN XIN HOLDINGS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MIN XIN HOLDINGS (2016–2023)
The table below shows the annual net assets of MIN XIN HOLDINGS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €8.07 Billion | -2.32% |
| 2022-12-31 | €8.26 Billion | -5.19% |
| 2021-12-31 | €8.71 Billion | +14.68% |
| 2020-12-31 | €7.60 Billion | +7.88% |
| 2019-12-31 | €7.04 Billion | +4.63% |
| 2018-12-31 | €6.73 Billion | +3.39% |
| 2017-12-31 | €6.51 Billion | +36.01% |
| 2016-12-31 | €4.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MIN XIN HOLDINGS'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 70.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.85 Billion | 60.04% |
| Other Components | €3.22 Billion | 39.96% |
| Total Equity | €8.07 Billion | 100.00% |
MIN XIN HOLDINGS Competitors by Market Cap
The table below lists competitors of MIN XIN HOLDINGS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vejii Holdings Ltd
PINK:VEJIF
|
$3.36K |
|
LASERBOND
BE:3LB
|
$3.36K |
|
Cardiff Property PLC
LSE:CDFF
|
$3.36K |
|
121060
KO:121060
|
$3.36K |
|
THORNEY OPPORTUNIT.
F:WWU
|
$3.35K |
|
ALEFARM BREWING DK-05
F:902
|
$3.35K |
|
MEGA AFRICAN CAPITAL LIMITED
GSE:MAC
|
$3.35K |
|
RUOC
STU:RUOC
|
$3.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MIN XIN HOLDINGS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 8,261,389,000 to 8,069,450,000, a change of -191,939,000 (-2.3%).
- Net income of 39,409,000 contributed positively to equity growth.
- Dividend payments of 71,671,000 reduced retained earnings.
- Other factors decreased equity by 159,677,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €39.41 Million | +0.49% |
| Dividends Paid | €71.67 Million | -0.89% |
| Other Changes | €-159.68 Million | -1.98% |
| Total Change | €- | -2.32% |
Book Value vs Market Value Analysis
This analysis compares MIN XIN HOLDINGS'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: 0.02x
- 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 | €10.90 | €0.33 | x |
| 2018-12-31 | €11.27 | €0.33 | x |
| 2019-12-31 | €11.79 | €0.33 | x |
| 2020-12-31 | €12.72 | €0.33 | x |
| 2021-12-31 | €14.59 | €0.33 | x |
| 2022-12-31 | €13.83 | €0.33 | x |
| 2023-12-31 | €13.51 | €0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MIN XIN HOLDINGS 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.00%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.14x
- Recent ROE (0.49%) is below the historical average (5.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.55% | 171.85% | 0.02x | 1.32x | €-213.10 Million |
| 2017 | 7.94% | 53.88% | 0.13x | 1.11x | €-134.20 Million |
| 2018 | 8.59% | 55.77% | 0.14x | 1.08x | €-95.09 Million |
| 2019 | 8.11% | 381.35% | 0.02x | 1.09x | €-132.85 Million |
| 2020 | 5.74% | 281.24% | 0.02x | 1.11x | €-323.75 Million |
| 2021 | 5.69% | 242.08% | 0.02x | 1.09x | €-375.40 Million |
| 2022 | 5.53% | 197.65% | 0.03x | 1.11x | €-369.17 Million |
| 2023 | 0.49% | 17.00% | 0.03x | 1.14x | €-767.54 Million |
Industry Comparison
This section compares MIN XIN HOLDINGS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MIN XIN HOLDINGS (MXD) | €8.07 Billion | 5.55% | 0.14x | $3.35K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |