Affluent Partners Holdings Limited
Baijin Life Science Holdings Limited, an investment holding company, engages in the purchase, process, design, production, and wholesale distribution of pearls and jewelry products. It operates through Sales of Pearls and Jewellery Products; Strategic Investment and Financial Services; Skincare Solutions; Research and Development Services; and Brand Marketing and Consulting Services segment. The … Read more
Affluent Partners Holdings Limited (MNNGF) - Net Assets
Latest net assets as of March 2024: $112.79 Million USD
Based on the latest financial reports, Affluent Partners Holdings Limited (MNNGF) has net assets worth $112.79 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 ($196.80 Million) and total liabilities ($84.01 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 | $112.79 Million |
| % of Total Assets | 57.31% |
| Annual Growth Rate | -11.86% |
| 5-Year Change | 32.49% |
| 10-Year Change | -57.85% |
| Growth Volatility | 48.79 |
Affluent Partners Holdings Limited - Net Assets Trend (2014–2024)
This chart illustrates how Affluent Partners 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 Affluent Partners Holdings Limited (2014–2024)
The table below shows the annual net assets of Affluent Partners Holdings Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $112.79 Million | +43.98% |
| 2023-03-31 | $78.34 Million | +118.41% |
| 2022-03-31 | $35.87 Million | -21.93% |
| 2021-03-31 | $45.95 Million | -46.03% |
| 2020-03-31 | $85.13 Million | -57.00% |
| 2019-03-31 | $197.98 Million | -16.29% |
| 2018-03-31 | $236.51 Million | -18.47% |
| 2017-03-31 | $290.08 Million | -7.52% |
| 2016-03-31 | $313.66 Million | +17.21% |
| 2015-03-31 | $267.60 Million | -32.91% |
| 2014-03-31 | $398.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Affluent Partners 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 261.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $655.81 Million | 680.95% |
| Total Equity | $96.31 Million | 100.00% |
Affluent Partners Holdings Limited Competitors by Market Cap
The table below lists competitors of Affluent Partners Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BALSU GIDA
IS:BALSU
|
$27.89 Million |
|
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS
IS:MEPET
|
$27.89 Million |
|
Altech Batteries Limited
PINK:ALTHF
|
$27.89 Million |
|
Aurora Eiendom A.S.
OL:AURA
|
$27.90 Million |
|
Signetics Corporation
KQ:033170
|
$27.88 Million |
|
Reliance Communications Limited
NSE:RCOM
|
$27.87 Million |
|
Acrivon Therapeutics, Inc. Common Stock
NASDAQ:ACRV
|
$27.87 Million |
|
Igarashi Motors India Limited
NSE:IGARASHI
|
$27.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Affluent Partners Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,338,000 to 96,308,000, a change of 17,970,000 (22.9%).
- Net loss of 7,448,000 reduced equity.
- Other factors increased equity by 25,418,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.45 Million | -7.73% |
| Other Changes | $25.42 Million | +26.39% |
| Total Change | $- | 22.94% |
Book Value vs Market Value Analysis
This analysis compares Affluent Partners 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
- Current price-to-book ratio: 0.42x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | $0.00 | $0.06 | x |
| 2017-03-31 | $0.00 | $0.06 | x |
| 2018-03-31 | $1.39 | $0.06 | x |
| 2019-03-31 | $1.17 | $0.06 | x |
| 2020-03-31 | $0.46 | $0.06 | x |
| 2021-03-31 | $0.17 | $0.06 | x |
| 2022-03-31 | $0.11 | $0.06 | x |
| 2023-03-31 | $0.12 | $0.06 | x |
| 2024-03-31 | $0.14 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Affluent Partners 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): -7.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.88%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.04x
- Recent ROE (-7.73%) is above the historical average (-50.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.42% | 11.02% | 0.55x | 1.23x | $-10.29 Million |
| 2015 | 3.76% | 3.71% | 0.76x | 1.34x | $-16.70 Million |
| 2016 | -3.49% | -5.21% | 0.62x | 1.08x | $-42.31 Million |
| 2017 | -8.23% | -11.25% | 0.68x | 1.08x | $-52.89 Million |
| 2018 | -54.88% | -69.27% | 0.74x | 1.07x | $-153.44 Million |
| 2019 | -21.63% | -25.00% | 0.62x | 1.40x | $-62.61 Million |
| 2020 | -331.04% | -251.68% | 0.71x | 1.86x | $-290.34 Million |
| 2021 | -112.71% | -119.53% | 0.47x | 2.00x | $-56.38 Million |
| 2022 | -43.11% | -24.68% | 0.76x | 2.29x | $-19.05 Million |
| 2023 | 11.14% | 10.04% | 0.87x | 1.27x | $892.20K |
| 2024 | -7.73% | -13.88% | 0.27x | 2.04x | $-17.08 Million |
Industry Comparison
This section compares Affluent Partners Holdings Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $6,179,489,313
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Affluent Partners Holdings Limited (MNNGF) | $112.79 Million | 7.42% | 0.74x | $27.89 Million |
| Atlas Pearls Ltd (APCFF) | $55.52 Million | 56.69% | 0.26x | $15.35 Million |
| Burberry Group plc (BBRYF) | $472.30 Million | 23.69% | 0.45x | $3.26 Billion |
| Brunello Cucinelli S.p.A (BCUCF) | $261.10 Million | -12.72% | 3.14x | $4.04 Billion |
| Birks Group Inc (BGI) | $5.86 Million | -32.32% | 30.25x | $1.97 Million |
| Bergio Intl Inc (BRGO) | $-265.41K | 0.00% | 0.00x | $289.83K |
| Brilliant Earth Group Inc (BRLT) | $97.46 Million | 0.60% | 1.81x | $18.90 Million |
| Citychamp Watch & Jewellery Group Limited (CEBTF) | $3.96 Billion | 6.84% | 0.33x | $102.24 Million |
| Compagnie Financière Richemont SA (CFRHF) | $19.86 Billion | 10.44% | 1.01x | $86.13 Billion |
| Christian Dior SE (CHDRF) | $3.72 Billion | 1.26% | 4.75x | $1.89 Billion |
| Chow Tai Fook Jewellery Group (CJEWY) | $33.36 Billion | 16.14% | 1.62x | $18.30 Billion |