Mene Inc
Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry worldwide. It offers charms, chains, bands, earrings, pendants, rings, bracelets, precious objects, pet tags, and medallions under the Mene brand. The company retails its jewelry products directly to consumer through its mene.com website. Mene Inc. is based in Toronto, Canada.
Mene Inc (MENEF) - Net Assets
Latest net assets as of September 2025: $17.62 Million USD
Based on the latest financial reports, Mene Inc (MENEF) has net assets worth $17.62 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.03 Million) and total liabilities ($2.41 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 | $17.62 Million |
| % of Total Assets | 87.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | 54.48% |
| 10-Year Change | N/A |
| Growth Volatility | 1285.75 |
Mene Inc - Net Assets Trend (2000–2024)
This chart illustrates how Mene Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mene Inc (2000–2024)
The table below shows the annual net assets of Mene Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.77 Million | +11.19% |
| 2023-12-31 | $15.98 Million | -8.51% |
| 2022-12-31 | $17.47 Million | -0.86% |
| 2021-12-31 | $17.62 Million | +53.18% |
| 2020-12-31 | $11.50 Million | -23.96% |
| 2019-12-31 | $15.13 Million | -18.30% |
| 2018-12-31 | $18.52 Million | +5770.63% |
| 2017-12-31 | $315.40K | +206.94% |
| 2016-12-31 | $-294.94K | -86.58% |
| 2015-12-31 | $-158.08K | -70.42% |
| 2014-12-31 | $-92.76K | -108.89% |
| 2013-12-31 | $1.04 Million | -84.61% |
| 2012-12-31 | $6.78 Million | -37.19% |
| 2011-12-31 | $10.79 Million | -9.76% |
| 2010-12-31 | $11.96 Million | -28.24% |
| 2009-12-31 | $16.67 Million | +30.67% |
| 2008-12-31 | $12.75 Million | +86.80% |
| 2007-12-31 | $6.83 Million | +167.63% |
| 2006-12-31 | $2.55 Million | -39.49% |
| 2005-12-31 | $4.22 Million | +72.62% |
| 2004-12-31 | $2.44 Million | +330.41% |
| 2003-12-31 | $567.48K | +553.43% |
| 2002-12-31 | $86.85K | +228.46% |
| 2001-12-31 | $-67.60K | -255.98% |
| 2000-12-31 | $-18.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mene Inc'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 1960868100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.30 Million | 181.76% |
| Other Comprehensive Income | $715.63K | 4.03% |
| Other Components | $7.68 Million | 43.22% |
| Total Equity | $17.77 Million | 100.00% |
Mene Inc Competitors by Market Cap
The table below lists competitors of Mene Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALFOT Technologies Co., Ltd.
TWO:4553
|
$6.15 Million |
|
S&S Healthcare Holding Ltd.
TWO:4198
|
$6.15 Million |
|
The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA
|
$6.15 Million |
|
Alticast Corporation
KQ:085810
|
$6.15 Million |
|
Airway
WAR:AWM
|
$6.15 Million |
|
Avenir Telecom S.A
PA:AVT
|
$6.15 Million |
|
Tempest Therapeutics Inc
NASDAQ:TPST
|
$6.14 Million |
|
Peoplelogy Berhad
KLSE:0356
|
$6.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mene Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,981,748 to 17,769,949, a change of 1,788,201 (11.2%).
- Net loss of 994,000 reduced equity.
- Other comprehensive income increased equity by 960,407.
- Other factors increased equity by 1,821,794.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-994.00K | -5.59% |
| Other Comprehensive Income | $960.41K | +5.4% |
| Other Changes | $1.82 Million | +10.25% |
| Total Change | $- | 11.19% |
Book Value vs Market Value Analysis
This analysis compares Mene Inc'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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-4.42 | $0.10 | x |
| 2001-12-31 | $-9.93 | $0.10 | x |
| 2002-12-31 | $12.78 | $0.10 | x |
| 2003-12-31 | $24.44 | $0.10 | x |
| 2004-12-31 | $57.09 | $0.10 | x |
| 2005-12-31 | $54.96 | $0.10 | x |
| 2006-12-31 | $17.01 | $0.10 | x |
| 2007-12-31 | $30.76 | $0.10 | x |
| 2008-12-31 | $33.31 | $0.10 | x |
| 2009-12-31 | $29.21 | $0.10 | x |
| 2010-12-31 | $15.49 | $0.10 | x |
| 2011-12-31 | $8.36 | $0.10 | x |
| 2012-12-31 | $4.33 | $0.10 | x |
| 2013-12-31 | $0.61 | $0.10 | x |
| 2014-12-31 | $-0.05 | $0.10 | x |
| 2015-12-31 | $-0.08 | $0.10 | x |
| 2016-12-31 | $-0.15 | $0.10 | x |
| 2017-12-31 | $0.00 | $0.10 | x |
| 2018-12-31 | $0.09 | $0.10 | x |
| 2019-12-31 | $0.06 | $0.10 | x |
| 2020-12-31 | $0.05 | $0.10 | x |
| 2021-12-31 | $0.07 | $0.10 | x |
| 2022-12-31 | $0.07 | $0.10 | x |
| 2023-12-31 | $0.06 | $0.10 | x |
| 2024-12-31 | $0.07 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mene Inc 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): -5.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.85%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.18x
- Recent ROE (-5.59%) is above the historical average (-49.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | $-65.27K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-41.85K |
| 2002 | -112.64% | 0.00% | 0.00x | 2.85x | $-106.51K |
| 2003 | -92.41% | 0.00% | 0.00x | 1.96x | $-581.17K |
| 2004 | -21.58% | 0.00% | 0.00x | 1.03x | $-771.46K |
| 2005 | -8.06% | 0.00% | 0.00x | 1.00x | $-761.41K |
| 2006 | -164.52% | 0.00% | 0.00x | 1.04x | $-4.45 Million |
| 2007 | -3.44% | 0.00% | 0.00x | 1.12x | $-917.76K |
| 2008 | -33.19% | 0.00% | 0.00x | 1.14x | $-5.51 Million |
| 2009 | -2.70% | 0.00% | 0.00x | 1.04x | $-2.12 Million |
| 2010 | -42.57% | 0.00% | 0.00x | 1.08x | $-6.29 Million |
| 2011 | -29.10% | 0.00% | 0.00x | 1.06x | $-4.22 Million |
| 2012 | -64.13% | 0.00% | 0.00x | 1.16x | $-5.02 Million |
| 2013 | -556.30% | 0.00% | 0.00x | 2.17x | $-5.91 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.15 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-65.54K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-92.73K |
| 2017 | 30.73% | 75.82% | 0.39x | 1.03x | $65.37K |
| 2018 | -37.65% | -90.72% | 0.24x | 1.70x | $-8.82 Million |
| 2019 | -44.72% | -51.79% | 0.30x | 2.85x | $-8.28 Million |
| 2020 | -29.08% | -15.83% | 0.64x | 2.86x | $-4.50 Million |
| 2021 | -0.19% | -0.12% | 0.90x | 1.69x | $-1.79 Million |
| 2022 | -8.37% | -5.44% | 0.85x | 1.82x | $-3.21 Million |
| 2023 | -12.44% | -8.54% | 1.28x | 1.14x | $-3.59 Million |
| 2024 | -5.59% | -3.85% | 1.23x | 1.18x | $-2.77 Million |
Industry Comparison
This section compares Mene Inc's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $7,305,180,564
- Average return on equity (ROE) among peers: 3.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mene Inc (MENEF) | $17.62 Million | 0.00% | 0.14x | $6.15 Million |
| Atlas Pearls Ltd (APCFF) | $28.81 Million | 6.30% | 0.42x | $15.35 Million |
| Burberry Group plc (BBRYF) | $239.70 Million | 22.70% | 0.57x | $3.26 Billion |
| Brunello Cucinelli S.p.A (BCUCF) | $392.98 Million | 20.51% | 2.37x | $4.04 Billion |
| Birks Group Inc (BGI) | $55.70 Million | -5.21% | 3.58x | $2.02 Million |
| Bergio Intl Inc (BRGO) | $1.86 Million | -45.05% | 0.36x | $289.83K |
| Brilliant Earth Group Inc (BRLT) | $82.84 Million | 1.84% | 1.63x | $18.20 Million |
| Citychamp Watch & Jewellery Group Limited (CEBTF) | $4.74 Billion | -3.57% | 3.52x | $102.24 Million |
| Compagnie Financière Richemont SA (CFRHF) | $19.02 Billion | 1.65% | 1.15x | $86.13 Billion |
| Christian Dior SE (CHDRF) | $13.94 Billion | 16.70% | 1.49x | $1.89 Billion |
| Chow Tai Fook Jewellery Group (CJEWY) | $34.55 Billion | 19.43% | 1.54x | $18.30 Billion |