MultiMetaVerse Holdings Limited
MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People's Republic of China. The company offers a product portfolio, including animated content, comic books, short videos, collectibles, stationery, consumer products, and mobile games under the Aotu World brand, as well as action figures, stuffed dolls, apparel, costumes, trading cards, and other collectibl… Read more
MultiMetaVerse Holdings Limited (MMV) - Net Assets
Latest net assets as of March 2024: $-30.51 Million USD
Based on the latest financial reports, MultiMetaVerse Holdings Limited (MMV) has net assets worth $-30.51 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.35 Million) and total liabilities ($35.87 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-30.51 Million |
| % of Total Assets | -569.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
MultiMetaVerse Holdings Limited - Net Assets Trend (2020–2023)
This chart illustrates how MultiMetaVerse Holdings 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 MultiMetaVerse Holdings Limited (2020–2023)
The table below shows the annual net assets of MultiMetaVerse Holdings Limited from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-30.51 Million | -277.55% |
| 2022-12-31 | $17.19 Million | +271.46% |
| 2021-12-31 | $-10.02 Million | +70.94% |
| 2020-12-31 | $-34.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MultiMetaVerse Holdings 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 7342662900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-3.04 Million | % |
| Other Components | $89.68 Million | % |
| Total Equity | $-28.76 Million | 100.00% |
MultiMetaVerse Holdings Limited Competitors by Market Cap
The table below lists competitors of MultiMetaVerse Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zwipe A/S
ST:ZWIPE
|
$220.37K |
|
CBOO
BATS:CBOO
|
$220.43K |
|
Opt-Sciences Corp
PINK:OPST
|
$220.61K |
|
Wealth Invest Linde&Partners Gl Val Fond
CO:WEILPGVF
|
$220.65K |
|
BankInvest EM Aktier A
CO:BAIEMMAA
|
$220.21K |
|
Nordea Invest Klima og Miljø KL 1
CO:NDIKMKL1
|
$220.16K |
|
Automotive Finco Corp
PINK:RMIAF
|
$220.00K |
|
Danavation Technologies Corp
PINK:DVNCF
|
$219.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MultiMetaVerse Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 17,185,174 to -28,762,160, a change of -45,947,334 (-267.4%).
- Net loss of 28,918,811 reduced equity.
- Share repurchases of 4,168,083 reduced equity.
- Other comprehensive income increased equity by 328,794.
- Other factors decreased equity by 13,189,234.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.92 Million | -100.54% |
| Share Repurchases | $4.17 Million | -14.49% |
| Other Comprehensive Income | $328.79K | +1.14% |
| Other Changes | $-13.19 Million | -45.86% |
| Total Change | $- | -267.37% |
Book Value vs Market Value Analysis
This analysis compares MultiMetaVerse Holdings 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.27 | $0.03 | x |
| 2021-12-31 | $-0.06 | $0.03 | x |
| 2022-12-31 | $0.12 | $0.03 | x |
| 2023-12-31 | $-0.87 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MultiMetaVerse Holdings 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -321.03%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -48.70% | 3.25x | 0.00x | $-2.78 Million |
| 2021 | 0.00% | -305.23% | 2.51x | 0.00x | $-31.22 Million |
| 2022 | -72.82% | -102.36% | 0.47x | 1.51x | $-14.23 Million |
| 2023 | 0.00% | -321.03% | 1.68x | 0.00x | $-26.04 Million |
Industry Comparison
This section compares MultiMetaVerse Holdings Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MultiMetaVerse Holdings Limited (MMV) | $-30.51 Million | 0.00% | N/A | $220.22K |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |