MaxsMaking Inc. Class A Ordinary Shares (MAMK) - Net Assets
Based on the latest financial reports, MaxsMaking Inc. Class A Ordinary Shares (MAMK) has net assets worth $8.27 Million USD as of October 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.67 Million) and total liabilities ($9.41 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. Check MAMK tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.27 Million |
| % of Total Assets | 46.77% |
| Annual Growth Rate | 51.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.45 |
MaxsMaking Inc. Class A Ordinary Shares - Net Assets Trend (2022–2024)
This chart illustrates how MaxsMaking Inc. Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See MAMK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MaxsMaking Inc. Class A Ordinary Shares (2022–2024)
The table below shows the annual net assets of MaxsMaking Inc. Class A Ordinary Shares from 2022 to 2024. For live valuation and market cap data, see how much is MaxsMaking Inc. Class A Ordinary Shares worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $8.27 Million | +48.64% |
| 2023-10-31 | $5.56 Million | +53.53% |
| 2022-10-31 | $3.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MaxsMaking Inc. Class A Ordinary Shares'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 135.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.81 Million | 73.01% |
| Common Stock | $150.00K | 1.89% |
| Other Comprehensive Income | $283.85K | 3.57% |
| Other Components | $1.71 Million | 21.53% |
| Total Equity | $7.95 Million | 100.00% |
MaxsMaking Inc. Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of MaxsMaking Inc. Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fractyl Health, Inc. Common Stock
NASDAQ:GUTS
|
$119.73 Million |
|
Calida Holding AG
SW:CALN
|
$119.78 Million |
|
Eastern Water Resources Development and Management Public Company Limited
F:7ES1
|
$119.79 Million |
|
Mitrajaya Holdings Bhd
KLSE:9571
|
$119.79 Million |
|
Wielton S.A.
WAR:WLT
|
$119.56 Million |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
$119.52 Million |
|
Spir Group ASA
OL:SPIR
|
$119.48 Million |
|
Taiwan Line Tek Electronic Co Ltd
TW:2462
|
$119.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MaxsMaking Inc. Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,316,077 to 7,953,227, a change of 2,637,150 (49.6%).
- Net income of 1,813,170 contributed positively to equity growth.
- New share issuances of 787,266 increased equity.
- Other comprehensive income increased equity by 226,550.
- Other factors decreased equity by 189,836.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.81 Million | +22.8% |
| Share Issuances | $787.27K | +9.9% |
| Other Comprehensive Income | $226.55K | +2.85% |
| Other Changes | $-189.84K | -2.39% |
| Total Change | $- | 49.61% |
Book Value vs Market Value Analysis
This analysis compares MaxsMaking Inc. Class A Ordinary Shares'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: 27.79x
- 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 64.13x to 27.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-10-31 | $0.20 | $13.00 | x |
| 2023-10-31 | $0.31 | $13.00 | x |
| 2024-10-31 | $0.47 | $13.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MaxsMaking Inc. Class A Ordinary Shares 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): 22.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.46%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 2.22x
- Recent ROE (22.80%) is below the historical average (43.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 71.19% | 8.71% | 1.96x | 4.18x | $2.11 Million |
| 2023 | 35.92% | 7.27% | 2.06x | 2.40x | $1.38 Million |
| 2024 | 22.80% | 8.46% | 1.21x | 2.22x | $1.02 Million |
Industry Comparison
This section compares MaxsMaking Inc. Class A Ordinary Shares's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $777,944,973
- Average return on equity (ROE) among peers: -16.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MaxsMaking Inc. Class A Ordinary Shares (MAMK) | $8.27 Million | 71.19% | 1.14x | $119.60 Million |
| AIAI Holdings Corporation Class A Common Stock (AIAI) | $1.36 Billion | -11.72% | 0.30x | $824.08 Million |
| Air T Inc (AIRT) | $5.54 Million | -110.91% | 30.39x | $59.53 Million |
| Alpine 4 Holdings Inc (ALPP) | $72.11 Million | -26.91% | 0.84x | $13.53K |
| Brookfield Business Corp (BBUC) | $2.63 Billion | -33.70% | 6.25x | $6.58 Billion |
| Boston Omaha Corp (BOC) | $616.45 Million | -1.14% | 0.25x | $352.09 Million |
| Dmc Global Inc (BOOM) | $2.20 Million | 36.36% | 1.32x | $139.39 Million |
| Compass Diversified Holdings (CODI) | $919.34 Million | -0.62% | 1.58x | $746.34 Million |
| Deluxe Corporation (DLX) | $675.80 Million | 25.48% | 0.37x | $1.07 Billion |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) | $28.01 Million | -33.79% | 1.66x | $454.80 Million |
| FTAI Infrastructure Inc. (FIP) | $1.46 Billion | -5.46% | 0.67x | $491.56 Million |
About MaxsMaking Inc. Class A Ordinary Shares
MaxsMaking Inc., through its subsidiaries, manufactures and sells customized consumer goods in Mainland China, rest of Asia, North America, Europe, the Oceania, South America, and Africa. It offers backpacks, thermal bags, canvas bags, aprons, throw pillows, flags, tablecloths, luggage, advertising chair covers, and other consumer goods. The company is also involved in the software development an… Read more