Multi Ways Holdings Ltd
Multi Ways Holdings Limited engages in the sale and rental of heavy construction equipment in Singapore, Canada, Australia, and internationally. It supplies and rents new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries. The company offers earth-moving equipment, such as bulldozers, off-terrain dump trucks,… Read more
Multi Ways Holdings Ltd (MWG) - Net Assets
Latest net assets as of June 2025: $16.91 Million USD
Based on the latest financial reports, Multi Ways Holdings Ltd (MWG) has net assets worth $16.91 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 ($49.64 Million) and total liabilities ($32.73 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 | $16.91 Million |
| % of Total Assets | 34.07% |
| Annual Growth Rate | -24.88% |
| 5-Year Change | 27.59% |
| 10-Year Change | -99.97% |
| Growth Volatility | 677.47 |
Multi Ways Holdings Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Multi Ways Holdings 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 Multi Ways Holdings Ltd (2000–2024)
The table below shows the annual net assets of Multi Ways Holdings Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.09 Million | -7.98% |
| 2023-12-31 | $21.83 Million | +245.80% |
| 2022-12-31 | $6.31 Million | +17.81% |
| 2021-12-31 | $5.36 Million | -65.96% |
| 2020-12-31 | $15.74 Million | +100.00% |
| 2019-12-31 | $-735.83 Billion | -1016.96% |
| 2018-12-31 | $80.25 Billion | +3.69% |
| 2017-12-31 | $77.39 Billion | +1.76% |
| 2016-12-31 | $76.05 Billion | +1.15% |
| 2015-12-31 | $75.18 Billion | +6.04% |
| 2014-12-31 | $70.90 Billion | +7.55% |
| 2013-12-31 | $65.92 Billion | +6.14% |
| 2012-12-31 | $62.11 Billion | +0.10% |
| 2011-12-31 | $62.05 Billion | +8.46% |
| 2010-12-31 | $57.21 Billion | +22.54% |
| 2009-12-31 | $46.69 Billion | -8.15% |
| 2008-12-31 | $50.83 Billion | +105.19% |
| 2007-12-31 | $-979.73 Billion | +9.93% |
| 2006-12-31 | $-1.09 Trillion | -27.09% |
| 2005-12-31 | $-855.89 Billion | -16.22% |
| 2004-12-31 | $-736.47 Billion | -28.57% |
| 2003-12-31 | $-572.80 Billion | -16.98% |
| 2002-12-31 | $-489.64 Billion | -2640.81% |
| 2000-12-31 | $19.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multi Ways Holdings 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $170.00K | 0.85% |
| Common Stock | $9.00K | 0.04% |
| Other Comprehensive Income | $-234.00K | -1.17% |
| Other Components | $20.14 Million | 100.27% |
| Total Equity | $20.09 Million | 100.00% |
Multi Ways Holdings Ltd Competitors by Market Cap
The table below lists competitors of Multi Ways Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MCF Energy Ltd.
OTCGREY:MCFNF
|
$11.77 Million |
|
Abliva AB (publ)
PINK:NEVPF
|
$11.77 Million |
|
SOC D'EXP VIOR
F:VL5
|
$11.78 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$11.78 Million |
|
Pantaflix AG
XETRA:PAL
|
$11.77 Million |
|
READING INTL A DL-01
F:46B
|
$11.77 Million |
|
Noumi Limited
PINK:NOUMF
|
$11.77 Million |
|
Global Uranium and Enrichment Ltd
AU:GUE
|
$11.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multi Ways Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,827,000 to 20,085,000, a change of -1,742,000 (-8.0%).
- Net loss of 2,854,000 reduced equity.
- Other comprehensive income decreased equity by 84,000.
- Other factors increased equity by 1,196,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.85 Million | -14.21% |
| Other Comprehensive Income | $-84.00K | -0.42% |
| Other Changes | $1.20 Million | +5.95% |
| Total Change | $- | -7.98% |
Book Value vs Market Value Analysis
This analysis compares Multi Ways Holdings 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: 3.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.09x to 3.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $21.89 | $1.91 | x |
| 2003-12-31 | $24.87 | $1.91 | x |
| 2004-12-31 | $28.21 | $1.91 | x |
| 2005-12-31 | $29.18 | $1.91 | x |
| 2006-12-31 | $35.27 | $1.91 | x |
| 2007-12-31 | $27.97 | $1.91 | x |
| 2008-12-31 | $48.65 | $1.91 | x |
| 2009-12-31 | $39.39 | $1.91 | x |
| 2010-12-31 | $40.54 | $1.91 | x |
| 2011-12-31 | $37.04 | $1.91 | x |
| 2012-12-31 | $32.37 | $1.91 | x |
| 2013-12-31 | $33.69 | $1.91 | x |
| 2014-12-31 | $35.98 | $1.91 | x |
| 2015-12-31 | $38.50 | $1.91 | x |
| 2016-12-31 | $40.30 | $1.91 | x |
| 2017-12-31 | $42.50 | $1.91 | x |
| 2018-12-31 | $46.17 | $1.91 | x |
| 2019-12-31 | $47.75 | $1.91 | x |
| 2020-12-31 | $0.16 | $1.91 | x |
| 2021-12-31 | $0.05 | $1.91 | x |
| 2022-12-31 | $0.20 | $1.91 | x |
| 2023-12-31 | $0.75 | $1.91 | x |
| 2024-12-31 | $0.63 | $1.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multi Ways Holdings 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): -14.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.19%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.46x
- Recent ROE (-14.21%) is below the historical average (9.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 14.05% | 9.49% | 0.81x | 1.82x | $886.50 Million |
| 2003 | 16.97% | 12.08% | 1.16x | 1.21x | $1.73 Billion |
| 2004 | 17.31% | 12.34% | 1.02x | 1.38x | $2.06 Billion |
| 2005 | 18.86% | 10.57% | 1.22x | 1.46x | $2.58 Billion |
| 2006 | 21.84% | 10.09% | 2.33x | 0.93x | $4.19 Billion |
| 2007 | 8.35% | 3.06% | 1.30x | 2.10x | $-516.90 Million |
| 2008 | 3.55% | 8.39% | 0.03x | 13.96x | $-3.28 Billion |
| 2009 | 2.56% | 5.33% | 0.48x | 1.00x | $-3.48 Billion |
| 2010 | 9.55% | 17.28% | 0.04x | 14.12x | $-258.10 Million |
| 2011 | 5.28% | 10.12% | 0.04x | 12.09x | $-2.93 Billion |
| 2012 | 1.60% | 3.80% | 0.03x | 12.57x | $-5.22 Billion |
| 2013 | 4.29% | 8.73% | 0.04x | 12.63x | $-3.76 Billion |
| 2014 | 5.32% | 11.00% | 0.04x | 11.30x | $-3.32 Billion |
| 2015 | 5.45% | 11.65% | 0.04x | 10.47x | $-3.42 Billion |
| 2016 | 4.47% | 9.81% | 0.04x | 10.72x | $-4.21 Billion |
| 2017 | 2.67% | 5.45% | 0.04x | 11.01x | $-5.67 Billion |
| 2018 | 8.15% | 16.30% | 0.05x | 10.64x | $-1.49 Billion |
| 2019 | 7.10% | 104.19% | 0.07x | 0.94x | $-2.37 Billion |
| 2020 | 8.38% | 4.41% | 0.57x | 3.31x | $-255.20K |
| 2021 | 33.61% | 5.39% | 0.61x | 10.19x | $1.27 Million |
| 2022 | 15.62% | 2.55% | 0.73x | 8.43x | $351.80K |
| 2023 | 8.20% | 4.97% | 0.62x | 2.66x | $-393.70K |
| 2024 | -14.21% | -9.19% | 0.45x | 3.46x | $-4.86 Million |
Industry Comparison
This section compares Multi Ways Holdings Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,407,402,768
- Average return on equity (ROE) among peers: -22.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multi Ways Holdings Ltd (MWG) | $16.91 Million | 14.05% | 1.93x | $11.77 Million |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.24 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.79 Billion |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $95.88 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |