MDJM Ltd
MDJM Ltd provides end-to-end services in the life cycle of a residential real estate project in the People's Republic of China. The company offers real estate agency services; and real estate consulting services; and training and evaluation to agency sales services. It also provides planning and design; marketing and sales; delivery and after-sales; and advertising services. In addition, it offer… Read more
MDJM Ltd (MDJH) - Net Assets
Latest net assets as of June 2024: $4.04 Million USD
Based on the latest financial reports, MDJM Ltd (MDJH) has net assets worth $4.04 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.32 Million) and total liabilities ($280.86K). 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 | $4.04 Million |
| % of Total Assets | 93.5% |
| Annual Growth Rate | 2.11% |
| 5-Year Change | -54.38% |
| 10-Year Change | N/A |
| Growth Volatility | 34.72 |
MDJM Ltd - Net Assets Trend (2016–2023)
This chart illustrates how MDJM 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 MDJM Ltd (2016–2023)
The table below shows the annual net assets of MDJM Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $3.88 Million | -21.34% |
| 2022-12-31 | $4.93 Million | -29.15% |
| 2021-12-31 | $6.96 Million | -23.67% |
| 2020-12-31 | $9.12 Million | +7.25% |
| 2019-12-31 | $8.50 Million | +3.87% |
| 2018-12-31 | $8.18 Million | +70.93% |
| 2017-12-31 | $4.79 Million | +42.90% |
| 2016-12-31 | $3.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MDJM 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 decreased by 436.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.68K | 0.30% |
| Other Comprehensive Income | $383.57K | 9.89% |
| Other Components | $6.85 Million | 176.55% |
| Total Equity | $3.88 Million | 100.00% |
MDJM Ltd Competitors by Market Cap
The table below lists competitors of MDJM Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sydinvest Fjernøsten Akkumulerende KL
CO:SYIFJERADKKA
|
$569.33K |
|
TSMX
NASDAQ:TSMX
|
$569.82K |
|
GameOn Entertainment Technologies Inc
OTCQB:GMETF
|
$570.15K |
|
QQHG
NASDAQ:QQHG
|
$570.85K |
|
Tarku Resources Ltd
OTCQB:TRKUF
|
$568.73K |
|
SQUARE INC.
BE:SQ3
|
$568.39K |
|
Kiboko Gold Inc
V:KIB
|
$567.93K |
|
Epitomee Medical Ltd
TA:EPIT
|
$567.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MDJM Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,929,131 to 3,877,205, a change of -1,051,926 (-21.3%).
- Net loss of 1,160,446 reduced equity.
- Other comprehensive income increased equity by 108,519.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.16 Million | -29.93% |
| Other Comprehensive Income | $108.52K | +2.8% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | -21.34% |
Book Value vs Market Value Analysis
This analysis compares MDJM 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: 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.28 | $0.13 | x |
| 2017-12-31 | $0.40 | $0.13 | x |
| 2018-12-31 | $0.68 | $0.13 | x |
| 2019-12-31 | $0.75 | $0.13 | x |
| 2020-12-31 | $0.80 | $0.13 | x |
| 2021-12-31 | $0.60 | $0.13 | x |
| 2022-12-31 | $0.42 | $0.13 | x |
| 2023-12-31 | $0.33 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MDJM 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): -29.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -801.06%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.03x
- Recent ROE (-29.93%) is below the historical average (-6.49%), 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 | 29.75% | 18.80% | 1.21x | 1.31x | $661.55K |
| 2017 | 24.38% | 21.09% | 1.03x | 1.13x | $688.30K |
| 2018 | -6.29% | -21.42% | 0.27x | 1.08x | $-1.34 Million |
| 2019 | 3.45% | 5.27% | 0.60x | 1.09x | $-568.41K |
| 2020 | 2.78% | 4.40% | 0.55x | 1.16x | $-670.89K |
| 2021 | -32.35% | -50.44% | 0.53x | 1.20x | $-2.95 Million |
| 2022 | -43.70% | -478.01% | 0.08x | 1.14x | $-2.65 Million |
| 2023 | -29.93% | -801.06% | 0.04x | 1.03x | $-1.55 Million |
Industry Comparison
This section compares MDJM Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,908,829,205
- Average return on equity (ROE) among peers: -5.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MDJM Ltd (MDJH) | $4.04 Million | 29.75% | 0.07x | $568.97K |
| Aroundtown SA (AANNF) | $15.58 Billion | 4.76% | 0.99x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.84 |
| Ambase Corp (ABCP) | $32.90 Million | -15.60% | 0.33x | $6.43 Million |
| Americann Inc (ACAN) | $6.83 Million | -64.90% | 0.38x | $2.44K |
| Ascendas India Trust (ACNDF) | $856.80 Million | 7.22% | 0.34x | $831.45 Million |
| Adler Group S.A (ADPPF) | $55.74 Million | 41.00% | 7.75x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $5.00 Million | -34.00% | 0.26x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $471.59K | 0.00% | 2.14x | $29.75 Million |
| Avalon GloboCare Corp. (ALBT) | $3.55 Million | 1.57% | 0.05x | $1.97 Million |
| Allreal (ALRHF) | $2.54 Billion | 2.56% | 1.25x | $2.39 Billion |