MMJ Group Holdings Limited
Underwood Capital Limited operates as a specialist investment company. The company focuses on producing capital growth for shareholders over the medium term from investments in listed and unlisted equities and debt securities. The company was formerly known as Hygrovest Limited and changed its name to Underwood Capital Limited in December 2024. Underwood Capital Limited was incorporated in 2014 a… Read more
MMJ Group Holdings Limited (MMJJF) - Net Assets
Latest net assets as of December 2025: $22.56 Million USD
Based on the latest financial reports, MMJ Group Holdings Limited (MMJJF) has net assets worth $22.56 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.20 Million) and total liabilities ($4.64 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 | $22.56 Million |
| % of Total Assets | 82.95% |
| Annual Growth Rate | 13.22% |
| 5-Year Change | -52.23% |
| 10-Year Change | 5.38% |
| Growth Volatility | 124.74 |
MMJ Group Holdings Limited - Net Assets Trend (2014–2025)
This chart illustrates how MMJ Group 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 MMJ Group Holdings Limited (2014–2025)
The table below shows the annual net assets of MMJ Group Holdings Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $19.23 Million | +0.07% |
| 2024-06-30 | $19.21 Million | -0.85% |
| 2023-06-30 | $19.38 Million | -20.41% |
| 2022-06-30 | $24.35 Million | -39.51% |
| 2021-06-30 | $40.25 Million | -9.03% |
| 2020-06-30 | $44.25 Million | -48.33% |
| 2019-06-30 | $85.64 Million | +34.34% |
| 2018-06-30 | $63.75 Million | +52.23% |
| 2017-06-30 | $41.88 Million | +129.48% |
| 2016-06-30 | $18.25 Million | +407.74% |
| 2015-06-30 | $3.59 Million | -26.72% |
| 2014-06-30 | $4.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MMJ Group 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 2993778600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.48 Million | 262.53% |
| Other Comprehensive Income | $1.00K | 0.01% |
| Total Equity | $19.23 Million | 100.00% |
MMJ Group Holdings Limited Competitors by Market Cap
The table below lists competitors of MMJ Group Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rovsing A/S
CO:ROV
|
$3.67 Million |
|
Francotyp-Postalia Holding AG
F:FPH
|
$3.67 Million |
|
Mnc Sky Vision Tbk
JK:MSKY
|
$3.68 Million |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
$3.68 Million |
|
Spring Valley Acquisition Corp. II Warrant
NASDAQ:SVIIW
|
$3.67 Million |
|
MeguREIT Israel
TA:MGRT
|
$3.67 Million |
|
B.A.G Films and Media Limited
NSE:BAGFILMS
|
$3.67 Million |
|
Thai Nondestructive Testing Public Company Limited
BK:TNDT
|
$3.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MMJ Group Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,215,000 to 19,229,000, a change of 14,000 (0.1%).
- Net income of 243,000 contributed positively to equity growth.
- Share repurchases of 228,000 reduced equity.
- Other comprehensive income decreased equity by 34,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $243.00K | +1.26% |
| Share Repurchases | $228.00K | -1.19% |
| Other Comprehensive Income | $-34.00K | -0.18% |
| Other Changes | $33.00K | +0.17% |
| Total Change | $- | 0.07% |
Book Value vs Market Value Analysis
This analysis compares MMJ Group 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: 0.26x
- 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 |
|---|---|---|---|
| 2014-06-30 | $0.14 | $0.02 | x |
| 2015-06-30 | $0.12 | $0.02 | x |
| 2016-06-30 | $0.13 | $0.02 | x |
| 2017-06-30 | $0.16 | $0.02 | x |
| 2018-06-30 | $0.29 | $0.02 | x |
| 2019-06-30 | $0.37 | $0.02 | x |
| 2020-06-30 | $0.20 | $0.02 | x |
| 2021-06-30 | $0.18 | $0.02 | x |
| 2022-06-30 | $0.11 | $0.02 | x |
| 2023-06-30 | $0.08 | $0.02 | x |
| 2024-06-30 | $0.09 | $0.02 | x |
| 2025-06-30 | $0.09 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MMJ Group 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): 1.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 292.77%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (1.26%) is above the historical average (-34.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -148.19% | 0.00% | 0.00x | 1.06x | $-5.69 Million |
| 2016 | -80.55% | -5764.31% | 0.01x | 1.26x | $-16.52 Million |
| 2017 | -35.36% | -13827.63% | 0.00x | 1.59x | $-13.48 Million |
| 2018 | 45.50% | 13746.92% | 0.00x | 1.02x | $22.63 Million |
| 2019 | 25.25% | 65.14% | 0.35x | 1.12x | $13.06 Million |
| 2020 | -90.58% | 0.00% | -0.91x | 1.03x | $-44.51 Million |
| 2021 | -10.00% | 0.00% | -0.12x | 1.08x | $-8.05 Million |
| 2022 | -65.43% | 0.00% | -0.62x | 1.08x | $-18.37 Million |
| 2023 | -20.56% | 0.00% | 0.00x | 1.13x | $-5.92 Million |
| 2024 | -0.68% | -50.38% | 0.01x | 1.14x | $-2.05 Million |
| 2025 | 1.26% | 292.77% | 0.00x | 1.13x | $-1.68 Million |
Industry Comparison
This section compares MMJ Group Holdings Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MMJ Group Holdings Limited (MMJJF) | $22.56 Million | -148.19% | 0.21x | $3.67 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |