Man Sang International Limited
Man Sang International Limited, an investment holding company, engages in the development, leasing, and sale of properties in Mainland China and Japan. The company operates through Chongqing Property, Property Management Services, Renovation and Decoration, and Hotel Operation in Japan segments. It is also involved in selling residential apartments; leasing serviced apartments and shopping mall; … Read more
Man Sang International Limited (MSGNF) - Net Assets
Latest net assets as of September 2025: $-587.14 Million USD
Based on the latest financial reports, Man Sang International Limited (MSGNF) has net assets worth $-587.14 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 ($251.85 Million) and total liabilities ($838.99 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 | $-587.14 Million |
| % of Total Assets | -233.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | -890.62% |
| 10-Year Change | -228.45% |
| Growth Volatility | 73.2 |
Man Sang International Limited - Net Assets Trend (2000–2025)
This chart illustrates how Man Sang International 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 Man Sang International Limited (2000–2025)
The table below shows the annual net assets of Man Sang International Limited from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-1.50 Billion | -61.06% |
| 2024-03-31 | $-928.41 Million | -133.41% |
| 2023-03-31 | $-397.76 Million | -309.17% |
| 2022-03-31 | $190.16 Million | +0.55% |
| 2021-03-31 | $189.13 Million | -59.80% |
| 2020-03-31 | $470.48 Million | -39.27% |
| 2019-03-31 | $774.74 Million | -24.36% |
| 2018-03-31 | $1.02 Billion | -9.25% |
| 2017-03-31 | $1.13 Billion | -3.04% |
| 2016-03-31 | $1.16 Billion | +32.36% |
| 2015-03-31 | $879.51 Million | -18.09% |
| 2014-03-31 | $1.07 Billion | +7.07% |
| 2013-03-31 | $1.00 Billion | -31.15% |
| 2012-03-31 | $1.46 Billion | +7.33% |
| 2011-03-31 | $1.36 Billion | +12.07% |
| 2010-03-31 | $1.21 Billion | -4.08% |
| 2009-03-31 | $1.26 Billion | -11.45% |
| 2008-03-31 | $1.43 Billion | +146.37% |
| 2007-03-31 | $578.67 Million | -4.89% |
| 2006-03-31 | $608.42 Million | +10.83% |
| 2005-03-31 | $548.99 Million | +12.17% |
| 2004-03-31 | $489.43 Million | +16.28% |
| 2003-03-31 | $420.91 Million | +5.20% |
| 2002-03-31 | $400.11 Million | +8.32% |
| 2001-03-31 | $369.39 Million | -13.22% |
| 2000-03-31 | $425.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Man Sang International 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $323.60 Million | % |
| Total Equity | $-1.49 Billion | 100.00% |
Man Sang International Limited Competitors by Market Cap
The table below lists competitors of Man Sang International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karnalyte Resources Inc
PINK:KRLTF
|
$1.90 Million |
|
Arkha Jayanti Persada PT
JK:ARKA
|
$1.90 Million |
|
Good Vibrations Shoes Inc
PINK:GVSI
|
$1.91 Million |
|
Cluster Group Holdings Limited Co.
PINK:CNCTD
|
$1.91 Million |
|
Iveda Solutions Inc
NASDAQ:IVDA
|
$1.90 Million |
|
Priti International Limited
NSE:PRITI
|
$1.90 Million |
|
Zoomcar Holdings Inc.
NASDAQ:ZCAR
|
$1.90 Million |
|
CARDINAL HEALTH - Dusseldorf Stock Exchang
DU:CLH
|
$1.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Man Sang International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -927,361,000 to -1,494,621,000, a change of -567,260,000.
- Net loss of 592,211,000 reduced equity.
- Other factors increased equity by 24,951,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-592.21 Million | -39.62% |
| Other Changes | $24.95 Million | +1.67% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Man Sang International 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 |
|---|---|---|---|
| 2000-03-31 | $3.40 | $0.01 | x |
| 2001-03-31 | $2.91 | $0.01 | x |
| 2002-03-31 | $2.96 | $0.01 | x |
| 2003-03-31 | $2.54 | $0.01 | x |
| 2004-03-31 | $2.69 | $0.01 | x |
| 2005-03-31 | $2.74 | $0.01 | x |
| 2006-03-31 | $3.04 | $0.01 | x |
| 2007-03-31 | $2.84 | $0.01 | x |
| 2008-03-31 | $5.31 | $0.01 | x |
| 2009-03-31 | $4.55 | $0.01 | x |
| 2010-03-31 | $4.43 | $0.01 | x |
| 2011-03-31 | $4.90 | $0.01 | x |
| 2012-03-31 | $5.14 | $0.01 | x |
| 2013-03-31 | $3.38 | $0.01 | x |
| 2014-03-31 | $3.59 | $0.01 | x |
| 2015-03-31 | $2.79 | $0.01 | x |
| 2016-03-31 | $3.30 | $0.01 | x |
| 2017-03-31 | $2.82 | $0.01 | x |
| 2018-03-31 | $2.69 | $0.01 | x |
| 2019-03-31 | $2.03 | $0.01 | x |
| 2020-03-31 | $1.23 | $0.01 | x |
| 2021-03-31 | $0.45 | $0.01 | x |
| 2022-03-31 | $0.36 | $0.01 | x |
| 2023-03-31 | $-0.61 | $0.01 | x |
| 2024-03-31 | $-1.43 | $0.01 | x |
| 2025-03-31 | $-2.31 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Man Sang International 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: -428.99%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-17.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.97% | 12.08% | 0.49x | 1.34x | $-8.58 Million |
| 2001 | -13.22% | -15.60% | 0.60x | 1.42x | $-85.22 Million |
| 2002 | 5.22% | 7.35% | 0.58x | 1.23x | $-19.04 Million |
| 2003 | 6.32% | 8.23% | 0.67x | 1.14x | $-15.50 Million |
| 2004 | 7.60% | 9.73% | 0.68x | 1.15x | $-11.76 Million |
| 2005 | 13.03% | 17.35% | 0.69x | 1.09x | $16.61 Million |
| 2006 | 7.06% | 11.36% | 0.58x | 1.08x | $-17.86 Million |
| 2007 | 10.36% | 15.05% | 0.53x | 1.30x | $2.08 Million |
| 2008 | 33.05% | 63.02% | 0.28x | 1.89x | $281.50 Million |
| 2009 | -6.49% | -20.11% | 0.17x | 1.85x | $-183.71 Million |
| 2010 | 1.21% | 3.94% | 0.17x | 1.85x | $-96.68 Million |
| 2011 | 4.47% | 13.63% | 0.19x | 1.72x | $-67.79 Million |
| 2012 | 4.34% | 15.13% | 0.16x | 1.84x | $-73.00 Million |
| 2013 | 7.45% | 13.94% | 0.23x | 2.32x | $-22.04 Million |
| 2014 | 7.38% | 19.48% | 0.17x | 2.28x | $-24.30 Million |
| 2015 | 1.51% | 14.96% | 0.04x | 2.56x | $-61.83 Million |
| 2016 | 5.08% | 26.84% | 0.10x | 1.81x | $-49.61 Million |
| 2017 | -12.35% | -62.78% | 0.04x | 4.41x | $-220.66 Million |
| 2018 | -9.05% | -399.56% | 0.01x | 3.23x | $-195.08 Million |
| 2019 | -16.69% | -82.52% | 0.05x | 4.41x | $-206.80 Million |
| 2020 | -40.56% | -152.85% | 0.03x | 9.78x | $-237.89 Million |
| 2021 | -279.92% | -328.75% | 0.05x | 18.79x | $-540.46 Million |
| 2022 | -194.35% | -318.66% | 0.03x | 17.53x | $-390.86 Million |
| 2023 | 0.00% | -352.15% | 0.05x | 0.00x | $-443.29 Million |
| 2024 | 0.00% | -435.50% | 0.06x | 0.00x | $-459.09 Million |
| 2025 | 0.00% | -428.99% | 0.07x | 0.00x | $-442.75 Million |
Industry Comparison
This section compares Man Sang International Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Man Sang International Limited (MSGNF) | $-587.14 Million | 7.97% | N/A | $1.90 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |