mF International Limited Ordinary Shares (MFI) - Net Assets
Based on the latest financial reports, mF International Limited Ordinary Shares (MFI) has net assets worth $22.23 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 ($43.74 Million) and total liabilities ($21.51 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 mF International Limited Ordinary Shares (MFI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $22.23 Million |
| % of Total Assets | 50.82% |
| Annual Growth Rate | -4.02% |
| 5-Year Change | 253.82% |
| 10-Year Change | -46.21% |
| Growth Volatility | 54.32 |
mF International Limited Ordinary Shares - Net Assets Trend (2000–2024)
This chart illustrates how mF International Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See MFI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for mF International Limited Ordinary Shares (2000–2024)
The table below shows the annual net assets of mF International Limited Ordinary Shares from 2000 to 2024. For live valuation and market cap data, see mF International Limited Ordinary Shares (MFI) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.91 Million | +205.81% |
| 2023-12-31 | $11.74 Million | +12.64% |
| 2022-12-31 | $10.43 Million | +39.34% |
| 2021-12-31 | $7.48 Million | -26.28% |
| 2020-12-31 | $10.15 Million | -88.53% |
| 2013-12-31 | $88.48 Million | +7.39% |
| 2012-12-31 | $82.39 Million | +8.81% |
| 2011-12-31 | $75.72 Million | +8.97% |
| 2010-12-31 | $69.49 Million | +4.08% |
| 2009-12-31 | $66.77 Million | +3.77% |
| 2008-12-31 | $64.34 Million | +5.77% |
| 2007-12-31 | $60.83 Million | +8.36% |
| 2006-12-31 | $56.14 Million | +2.65% |
| 2005-12-31 | $54.69 Million | -11.93% |
| 2004-12-31 | $62.09 Million | -12.87% |
| 2003-12-31 | $71.27 Million | -17.71% |
| 2002-12-31 | $86.60 Million | -21.67% |
| 2001-12-31 | $110.56 Million | +15.13% |
| 2000-12-31 | $96.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to mF International Limited 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 decreased by 118.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.90K | 0.01% |
| Other Comprehensive Income | $-77.43K | -0.22% |
| Other Components | $46.42 Million | 129.25% |
| Total Equity | $35.91 Million | 100.00% |
mF International Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of mF International Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHANDONG BOAN BIOTECH.H 1
F:UJ9
|
$385.61 Million |
|
Bemobi Mobile Tech S.A
SA:BMOB3
|
$385.63 Million |
|
Qingdao Richmat Intelligence Technology Co. Ltd. A
SHE:301320
|
$385.66 Million |
|
Guangdong Failong Crystal Technology Co Ltd
SHE:300460
|
$385.84 Million |
|
Nanjing Textiles Import & Export Corp Ltd
SHG:600250
|
$385.39 Million |
|
Airnet Technology Inc
NASDAQ:ANTE
|
$385.29 Million |
|
Paysign Inc
NASDAQ:PAYS
|
$385.19 Million |
|
EQV Ventures Acquisition Corp.
NYSE:EQV
|
$385.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in mF International Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,743,432 to 35,912,572, a change of 24,169,140 (205.8%).
- Net loss of 20,210,992 reduced equity.
- New share issuances of 58,500,012 increased equity.
- Other comprehensive income increased equity by 3,964.
- Other factors decreased equity by 14,123,844.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.21 Million | -56.28% |
| Share Issuances | $58.50 Million | +162.9% |
| Other Comprehensive Income | $3.96K | +0.01% |
| Other Changes | $-14.12 Million | -39.33% |
| Total Change | $- | 205.81% |
Book Value vs Market Value Analysis
This analysis compares mF International Limited 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: 0.35x
- 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 1.12x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $7.01 | $7.86 | x |
| 2021-12-31 | $4.52 | $7.86 | x |
| 2022-12-31 | $6.29 | $7.86 | x |
| 2023-12-31 | $8.11 | $7.86 | x |
| 2024-12-31 | $22.57 | $7.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently mF International Limited 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): -56.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -77.48%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.62x
- Recent ROE (-56.28%) is below the historical average (28.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 21.72% | 16.39% | 0.37x | 3.57x | $11.26 Million |
| 2001 | 14.76% | 10.59% | 0.43x | 3.27x | $5.26 Million |
| 2006 | 6.97% | 12.15% | 0.54x | 1.06x | $-1.70 Million |
| 2007 | 10.20% | 19.58% | 0.45x | 1.17x | $119.20K |
| 2008 | 9.25% | 15.05% | 0.38x | 1.63x | $-483.80K |
| 2009 | 6.18% | 8.94% | 0.36x | 1.90x | $-2.55 Million |
| 2010 | 7.62% | 10.40% | 0.35x | 2.07x | $-1.65 Million |
| 2011 | 11.87% | 16.45% | 0.35x | 2.05x | $1.42 Million |
| 2012 | 11.35% | 15.76% | 0.35x | 2.06x | $1.11 Million |
| 2013 | 11.03% | 15.62% | 0.36x | 1.96x | $915.00K |
| 2020 | 115.08% | 33.19% | 0.91x | 3.83x | $10.67 Million |
| 2021 | 138.32% | 32.13% | 0.97x | 4.46x | $9.60 Million |
| 2022 | 65.40% | 19.52% | 1.01x | 3.31x | $5.78 Million |
| 2023 | 56.45% | 20.74% | 0.94x | 2.88x | $5.45 Million |
| 2024 | -56.28% | -77.48% | 0.45x | 1.62x | $-23.80 Million |
Industry Comparison
This section compares mF International Limited Ordinary Shares's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| mF International Limited Ordinary Shares (MFI) | $22.23 Million | 21.72% | 0.97x | $385.50 Million |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About mF International Limited Ordinary Shares
mF International Limited, a holding company, engages in the development and provision of financial trading solutions in Hong Kong, mainland China, and Southeast Asia. It offers real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients; and various services, … Read more