MultiMetaVerse Holdings Limited (MMV) - Net Assets
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. Read how much debt does MultiMetaVerse Holdings Limited carry for a breakdown of total debt and financial obligations.
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. Also explore MultiMetaVerse Holdings Limited balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is MultiMetaVerse Holdings Limited worth.
| 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 |
|---|---|
|
Aurora Solar Technologies Inc
V:ACU
|
$1.11 Million |
|
Chanson International Holding Class A Ordinary Shares
NASDAQ:CHSN
|
$1.11 Million |
|
Borders & Southern Petroleum plc
LSE:BOR
|
$1.11 Million |
|
Imalliance SA
PA:MLIML
|
$1.12 Million |
|
Sab Events & Governance Now Media Limited
NSE:SABEVENTS
|
$1.11 Million |
|
Stelmine Canada Ltd
V:STH
|
$1.11 Million |
|
Rover Metals Corp
V:ROVR
|
$1.11 Million |
|
Octopus Aim Vct Plc
LSE:OOA
|
$1.11 Million |
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: $233,235,728
- Average return on equity (ROE) among peers: -276.30%
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 | $1.11 Million |
| AI Era Corp. (ABQQD) | $1.46 Million | 37.15% | 0.61x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $520.80K | -2762.79% | 103.00x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $52.92 Million | 10.13% | 4.23x | $397.98 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $140.47 Million | -21.80% | 0.01x | $10.16 Million |
| Passat Société Anonyme (ALXIL) | $74.08 Million | 7.02% | 0.87x | $17.05 Million |
| AMC Entertainment Holdings Inc (AMC) | $378.48 Million | -43.28% | 8.89x | $598.39 Million |
| AMC Networks Inc (AMCX) | $1.19 Billion | 21.12% | 3.85x | $267.64 Million |
| Anghami De Inc (ANGH) | $-6.44 Million | 0.00% | 0.00x | $33.54 Million |
| Angel Studios, Inc. (ANGX) | $210.34 Million | 1.11% | 0.12x | $349.82 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $294.00 Million | -11.62% | 4.02x | $558.63 Million |
About 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