Magic Empire Global Limited
Magic Empire Global Limited provides corporate finance advisory services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, and post-listing compliance advisory. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relatio… Read more
Magic Empire Global Limited (MEGL) - Net Assets
Latest net assets as of June 2025: $15.92 Million USD
Based on the latest financial reports, Magic Empire Global Limited (MEGL) has net assets worth $15.92 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.69 Million) and total liabilities ($772.84K). 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 | $15.92 Million |
| % of Total Assets | 95.37% |
| Annual Growth Rate | 40.39% |
| 5-Year Change | 3195.93% |
| 10-Year Change | N/A |
| Growth Volatility | 955.59 |
Magic Empire Global Limited - Net Assets Trend (2019–2024)
This chart illustrates how Magic Empire Global 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 Magic Empire Global Limited (2019–2024)
The table below shows the annual net assets of Magic Empire Global Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $129.54 Million | -3.52% |
| 2023-12-31 | $134.27 Million | -1.52% |
| 2022-12-31 | $136.33 Million | +2374.80% |
| 2021-12-31 | $5.51 Million | +40.17% |
| 2020-12-31 | $3.93 Million | -83.44% |
| 2019-12-31 | $23.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magic Empire Global 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 363.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.83K | 0.01% |
| Other Components | $138.66 Million | 107.04% |
| Total Equity | $129.54 Million | 100.00% |
Magic Empire Global Limited Competitors by Market Cap
The table below lists competitors of Magic Empire Global Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Selaras Citra Nusantara Perkasa Tbk
JK:SCNP
|
$3.37 Million |
|
Goodyear Indonesia Tbk
JK:GDYR
|
$3.37 Million |
|
STENOCARE DK-08
F:S7C
|
$3.37 Million |
|
Grand Gulf Energy Ltd
AU:GGE
|
$3.37 Million |
|
Purefun Group AB
ST:PURE
|
$3.36 Million |
|
Prolexus Bhd
KLSE:8966
|
$3.36 Million |
|
UMBRELLA SOLAR INV.EO-02
F:U6Q
|
$3.36 Million |
|
PT Global Sukses Digital Tbk
JK:DOSS
|
$3.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magic Empire Global Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 134,267,857 to 129,538,000, a change of -4,729,857 (-3.5%).
- Net loss of 4,730,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.73 Million | -3.65% |
| Other Changes | $143.00 | +0.0% |
| Total Change | $- | -3.52% |
Book Value vs Market Value Analysis
This analysis compares Magic Empire Global 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: 0.04x
- 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.
- The price-to-book ratio has decreased from 4.57x to 0.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.23 | $1.06 | x |
| 2020-12-31 | $0.20 | $1.06 | x |
| 2021-12-31 | $0.37 | $1.06 | x |
| 2022-12-31 | $7.98 | $1.06 | x |
| 2023-12-31 | $26.51 | $1.06 | x |
| 2024-12-31 | $25.58 | $1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magic Empire Global 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): -3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.00%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.05x
- Recent ROE (-3.65%) is below the historical average (69.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 287.71% | 35.82% | 1.10x | 7.33x | $9.67 Million |
| 2020 | 106.85% | 20.57% | 1.25x | 4.16x | $3.81 Million |
| 2021 | 28.66% | 9.40% | 0.65x | 4.66x | $1.03 Million |
| 2022 | -2.82% | -35.04% | 0.08x | 1.06x | $-17.48 Million |
| 2023 | -0.36% | -3.51% | 0.10x | 1.03x | $-13.91 Million |
| 2024 | -3.65% | -37.00% | 0.09x | 1.05x | $-17.68 Million |
Industry Comparison
This section compares Magic Empire Global Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $131,214,049
- Average return on equity (ROE) among peers: -2225.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magic Empire Global Limited (MEGL) | $15.92 Million | 287.71% | 0.05x | $3.36 Million |
| Armada Mercantile Ltd (AAMTF) | $-177.83K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.25 Billion | 17.41% | 1.10x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-853.22K | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $199.05 Million |
| Abits Group Inc. (ABTS) | $11.31 Million | -111.43% | 0.09x | $4.44 Million |
| Argentex Group PLC (AGXTF) | $28.70 Million | 20.56% | 2.22x | $4.51 Million |
| Sphere 3D Corp (ANY) | $1.37 Million | -6.53% | 0.28x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $158.00K | -22172.78% | 479.63x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $28.26 Million | -5.07% | 0.10x | $1.38 Million |