MTR Corp Ltd
MTR Corporation Limited engages in railway design, construction, operation, maintenance, and investment in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Rail… Read more
MTR Corp Ltd (MTRJF) - Net Assets
Latest net assets as of December 2024: $186.13 Billion USD
Based on the latest financial reports, MTR Corp Ltd (MTRJF) has net assets worth $186.13 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($367.50 Billion) and total liabilities ($181.37 Billion). 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 | $186.13 Billion |
| % of Total Assets | 50.65% |
| Annual Growth Rate | 5.6% |
| 5-Year Change | 5.17% |
| 10-Year Change | 9.38% |
| Growth Volatility | 6.2 |
MTR Corp Ltd - Net Assets Trend (2000–2024)
This chart illustrates how MTR Corp 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 MTR Corp Ltd (2000–2024)
The table below shows the annual net assets of MTR Corp Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $186.13 Billion | +4.07% |
| 2023-12-31 | $178.86 Billion | -0.59% |
| 2022-12-31 | $179.91 Billion | -0.07% |
| 2021-12-31 | $180.04 Billion | +1.73% |
| 2020-12-31 | $176.98 Billion | -5.26% |
| 2019-12-31 | $186.80 Billion | +3.42% |
| 2018-12-31 | $180.62 Billion | +8.53% |
| 2017-12-31 | $166.43 Billion | +11.28% |
| 2016-12-31 | $149.56 Billion | -12.11% |
| 2015-12-31 | $170.17 Billion | +4.09% |
| 2014-12-31 | $163.48 Billion | +7.06% |
| 2013-12-31 | $152.70 Billion | +5.69% |
| 2012-12-31 | $144.48 Billion | +11.96% |
| 2011-12-31 | $129.04 Billion | +10.02% |
| 2010-12-31 | $117.29 Billion | +10.18% |
| 2009-12-31 | $106.45 Billion | +8.82% |
| 2008-12-31 | $97.82 Billion | +7.45% |
| 2007-12-31 | $91.04 Billion | +18.56% |
| 2006-12-31 | $76.79 Billion | +9.86% |
| 2005-12-31 | $69.90 Billion | +10.06% |
| 2004-12-31 | $63.51 Billion | +10.83% |
| 2003-12-31 | $57.30 Billion | +0.82% |
| 2002-12-31 | $56.84 Billion | +5.15% |
| 2001-12-31 | $54.05 Billion | +7.34% |
| 2000-12-31 | $50.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MTR Corp 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 grown by 12345400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $123.45 Billion | 66.51% |
| Common Stock | $61.29 Billion | 33.02% |
| Other Components | $884.00 Million | 0.48% |
| Total Equity | $185.62 Billion | 100.00% |
MTR Corp Ltd Competitors by Market Cap
The table below lists competitors of MTR Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lantheus Holdings Inc
NASDAQ:LNTH
|
$4.65 Billion |
|
KBR Inc
NYSE:KBR
|
$4.65 Billion |
|
ALS Limited
PINK:CPBLF
|
$4.66 Billion |
|
Gap Inc.
LSE:0ITS
|
$4.66 Billion |
|
Brother Industries Ltd
PINK:BRTHF
|
$4.64 Billion |
|
Atlas Arteria Limited
PINK:MAQAF
|
$4.64 Billion |
|
RoboTechnik Intelligent Technology Co Ltd
SHE:300757
|
$4.64 Billion |
|
Asia Commercial Bank
VN:ACB
|
$4.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MTR Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 178,344,000,000 to 185,625,000,000, a change of 7,281,000,000 (4.1%).
- Net income of 15,772,000,000 contributed positively to equity growth.
- Dividend payments of 7,946,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,573,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.77 Billion | +8.5% |
| Dividends Paid | $7.95 Billion | -4.28% |
| Other Comprehensive Income | $-1.57 Billion | -0.85% |
| Other Changes | $1.24 Billion | +0.67% |
| Total Change | $- | 4.08% |
Book Value vs Market Value Analysis
This analysis compares MTR Corp 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: 0.10x
- 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.
- The price-to-book ratio has decreased from 0.29x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $10.02 | $2.93 | x |
| 2001-12-31 | $10.74 | $2.93 | x |
| 2002-12-31 | $11.11 | $2.93 | x |
| 2003-12-31 | $10.94 | $2.93 | x |
| 2004-12-31 | $11.94 | $2.93 | x |
| 2005-12-31 | $12.82 | $2.93 | x |
| 2006-12-31 | $13.95 | $2.93 | x |
| 2007-12-31 | $16.31 | $2.93 | x |
| 2008-12-31 | $17.35 | $2.93 | x |
| 2009-12-31 | $18.67 | $2.93 | x |
| 2010-12-31 | $20.35 | $2.93 | x |
| 2011-12-31 | $22.28 | $2.93 | x |
| 2012-12-31 | $24.94 | $2.93 | x |
| 2013-12-31 | $26.29 | $2.93 | x |
| 2014-12-31 | $28.09 | $2.93 | x |
| 2015-12-31 | $29.04 | $2.93 | x |
| 2016-12-31 | $25.36 | $2.93 | x |
| 2017-12-31 | $27.90 | $2.93 | x |
| 2018-12-31 | $29.75 | $2.93 | x |
| 2019-12-31 | $30.34 | $2.93 | x |
| 2020-12-31 | $28.69 | $2.93 | x |
| 2021-12-31 | $29.05 | $2.93 | x |
| 2022-12-31 | $28.93 | $2.93 | x |
| 2023-12-31 | $28.73 | $2.93 | x |
| 2024-12-31 | $29.84 | $2.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MTR Corp 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): 8.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.28%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.98x
- Recent ROE (8.50%) is above the historical average (8.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.08% | 53.70% | 0.08x | 1.84x | $-966.50 Million |
| 2001 | 7.92% | 56.35% | 0.08x | 1.82x | $-1.13 Billion |
| 2002 | 6.30% | 46.57% | 0.08x | 1.78x | $-2.10 Billion |
| 2003 | 7.77% | 58.60% | 0.07x | 1.79x | $-1.28 Billion |
| 2004 | 7.08% | 53.84% | 0.08x | 1.68x | $-1.85 Billion |
| 2005 | 12.09% | 92.32% | 0.08x | 1.63x | $1.46 Billion |
| 2006 | 10.11% | 81.32% | 0.08x | 1.57x | $82.30 Million |
| 2007 | 16.68% | 142.00% | 0.07x | 1.71x | $6.08 Billion |
| 2008 | 8.47% | 46.99% | 0.11x | 1.63x | $-1.50 Billion |
| 2009 | 9.06% | 51.28% | 0.11x | 1.66x | $-999.70 Million |
| 2010 | 10.29% | 40.85% | 0.16x | 1.55x | $344.00 Million |
| 2011 | 12.07% | 46.54% | 0.17x | 1.54x | $2.67 Billion |
| 2012 | 9.27% | 37.42% | 0.17x | 1.43x | $-1.05 Billion |
| 2013 | 8.54% | 33.65% | 0.18x | 1.41x | $-2.23 Billion |
| 2014 | 9.56% | 38.86% | 0.18x | 1.39x | $-726.50 Million |
| 2015 | 7.64% | 31.16% | 0.17x | 1.42x | $-4.01 Billion |
| 2016 | 6.86% | 22.69% | 0.18x | 1.72x | $-4.69 Billion |
| 2017 | 10.12% | 30.36% | 0.21x | 1.59x | $198.60 Million |
| 2018 | 8.87% | 29.68% | 0.20x | 1.52x | $-2.04 Billion |
| 2019 | 6.39% | 21.89% | 0.19x | 1.55x | $-6.73 Billion |
| 2020 | -2.72% | -11.30% | 0.15x | 1.64x | $-22.49 Billion |
| 2021 | 5.32% | 20.24% | 0.16x | 1.63x | $-8.42 Billion |
| 2022 | 5.48% | 20.55% | 0.15x | 1.82x | $-8.10 Billion |
| 2023 | 4.36% | 13.66% | 0.16x | 1.94x | $-10.05 Billion |
| 2024 | 8.50% | 26.28% | 0.16x | 1.98x | $-2.79 Billion |
Industry Comparison
This section compares MTR Corp Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $385,612,201,198
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MTR Corp Ltd (MTRJF) | $186.13 Billion | 8.08% | 0.97x | $4.64 Billion |
| Alstom PK (ALSMY) | $1.84 Billion | 9.84% | 9.00x | $659.84 Million |
| Alstom SA (AOMFF) | $9.10 Billion | -1.45% | 2.45x | $6.62 Billion |
| Bangkok Expressway and Metro Public Company Limited (BKKXF) | $37.66 Billion | 9.24% | 1.99x | $2.46 Billion |
| BTS Group Holdings Public Company Limited (BTGWF) | $52.15 Billion | 5.51% | 1.77x | $1.93 Billion |
| Central Japan Railway Co (CJPRY) | $3.51 Trillion | 12.51% | 1.65x | $9.22 Billion |
| Canadian National Railway Company (CNI) | $19.65 Billion | 18.04% | 1.28x | $58.49 Billion |
| Canadian Pacific Railway Ltd (CP) | $6.64 Billion | 29.40% | 2.23x | $68.42 Billion |
| CRRC Corporation Limited (CRCCY) | $169.14 Billion | 6.70% | 1.32x | $22.96 Billion |
| China Railway Signal & Communication Corporation Limited (CRYCY) | $47.28 Billion | 7.69% | 1.47x | $7.38 Billion |
| CSX Corporation (CSX) | $4.59 Billion | -2.57% | 1.50x | $73.08 Billion |