Maiquer Group Co Ltd (002719) - Net Assets

Latest as of September 2025: CN¥184.83 Million CNY ≈ $27.05 Million USD

Based on the latest financial reports, Maiquer Group Co Ltd (002719) has net assets worth CN¥184.83 Million CNY (≈ $27.05 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 (CN¥1.09 Billion ≈ $159.50 Million USD) and total liabilities (CN¥905.17 Million ≈ $132.46 Million USD). 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. Check Maiquer Group Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥184.83 Million
% of Total Assets	16.96%
Annual Growth Rate	4.68%
5-Year Change	-75.06%
10-Year Change	-80.55%
Growth Volatility	39.42

Maiquer Group Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Maiquer Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Maiquer Group Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Maiquer Group Co Ltd (2009–2024)

The table below shows the annual net assets of Maiquer Group Co Ltd from 2009 to 2024. For live valuation and market cap data, see market cap of Maiquer Group Co Ltd.

Year	Net Assets	Change
2024-12-31	CN¥218.22 Million ≈ $31.93 Million	-51.63%
2023-12-31	CN¥451.11 Million ≈ $66.01 Million	-18.44%
2022-12-31	CN¥553.07 Million ≈ $80.93 Million	-37.04%
2021-12-31	CN¥878.39 Million ≈ $128.54 Million	+0.38%
2020-12-31	CN¥875.06 Million ≈ $128.05 Million	+6.47%
2019-12-31	CN¥821.89 Million ≈ $120.27 Million	-17.14%
2018-12-31	CN¥991.91 Million ≈ $145.15 Million	-13.89%
2017-12-31	CN¥1.15 Billion ≈ $168.57 Million	+0.86%
2016-12-31	CN¥1.14 Billion ≈ $167.12 Million	+1.77%
2015-12-31	CN¥1.12 Billion ≈ $164.22 Million	+73.05%
2014-12-31	CN¥648.49 Million ≈ $94.89 Million	+101.00%
2013-12-31	CN¥322.62 Million ≈ $47.21 Million	+21.80%
2012-12-31	CN¥264.87 Million ≈ $38.76 Million	+29.35%
2011-12-31	CN¥204.78 Million ≈ $29.97 Million	+55.75%
2010-12-31	CN¥131.48 Million ≈ $19.24 Million	+19.60%
2009-12-31	CN¥109.93 Million ≈ $16.09 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Maiquer Group Co 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 decreased by 11326.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥174.14 Million	77.31%
Other Comprehensive Income	CN¥1.19 Million	0.53%
Other Components	CN¥607.59 Million	269.73%
Total Equity	CN¥225.26 Million	100.00%

Maiquer Group Co Ltd Competitors by Market Cap

The table below lists competitors of Maiquer Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Stove Kraft Limited NSE:STOVEKRAFT	$195.31 Million
First Hotel Co Ltd TW:2706	$195.33 Million
Embention Sistemas Inteligentes S.A. PA:MLUAV	$195.34 Million
Surrozen Inc NASDAQ:SRZN	$195.43 Million
JVM Co. Ltd KQ:054950	$195.14 Million
Polymetals Resources Ltd AU:POL	$195.08 Million
Mega Uranium Ltd. TO:MGA	$195.08 Million
Sanurhasta Mitra PT JK:MINA	$194.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maiquer Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 455,738,530 to 225,256,053, a change of -230,482,477 (-50.6%).
Net loss of 230,482,476 reduced equity.
Dividend payments of 4,681,561 reduced retained earnings.
Other comprehensive income increased equity by 11,192,100.
Other factors decreased equity by 6,510,540.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-230.48 Million	-102.32%
Dividends Paid	CN¥4.68 Million	-2.08%
Other Comprehensive Income	CN¥11.19 Million	+4.97%
Other Changes	CN¥-6.51 Million	-2.89%
Total Change	CN¥-	-50.57%

Book Value vs Market Value Analysis

This analysis compares Maiquer Group Co 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: 5.92x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 8.33x to 5.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	CN¥0.92	CN¥7.66	x
2010-12-31	CN¥1.10	CN¥7.66	x
2011-12-31	CN¥1.66	CN¥7.66	x
2012-12-31	CN¥2.12	CN¥7.66	x
2013-12-31	CN¥2.58	CN¥7.66	x
2014-12-31	CN¥4.50	CN¥7.66	x
2015-12-31	CN¥6.69	CN¥7.66	x
2016-12-31	CN¥6.60	CN¥7.66	x
2017-12-31	CN¥10.37	CN¥7.66	x
2018-12-31	CN¥5.91	CN¥7.66	x
2019-12-31	CN¥5.01	CN¥7.66	x
2020-12-31	CN¥5.34	CN¥7.66	x
2021-12-31	CN¥5.37	CN¥7.66	x
2022-12-31	CN¥3.23	CN¥7.66	x
2023-12-31	CN¥2.62	CN¥7.66	x
2024-12-31	CN¥1.29	CN¥7.66	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maiquer Group Co 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): -102.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -36.28%
• Asset Turnover: 0.58x
• Equity Multiplier: 4.83x
Recent ROE (-102.32%) is below the historical average (-3.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	36.03%	13.04%	1.13x	2.44x	CN¥28.62 Million
2010	33.50%	14.04%	0.98x	2.45x	CN¥30.90 Million
2011	26.04%	15.36%	0.91x	1.87x	CN¥32.84 Million
2012	22.69%	14.90%	0.95x	1.61x	CN¥33.61 Million
2013	17.90%	14.90%	0.80x	1.50x	CN¥25.49 Million
2014	6.39%	12.89%	0.41x	1.22x	CN¥-23.41 Million
2015	6.35%	13.75%	0.36x	1.28x	CN¥-40.97 Million
2016	2.46%	5.02%	0.41x	1.19x	CN¥-86.10 Million
2017	1.64%	3.25%	0.41x	1.24x	CN¥-96.06 Million
2018	-15.58%	-25.68%	0.46x	1.33x	CN¥-253.08 Million
2019	-8.63%	-10.57%	0.55x	1.49x	CN¥-152.97 Million
2020	6.03%	6.03%	0.62x	1.62x	CN¥-34.75 Million
2021	2.10%	1.61%	0.74x	1.76x	CN¥-69.60 Million
2022	-63.31%	-35.60%	0.70x	2.54x	CN¥-407.70 Million
2023	-21.31%	-13.70%	0.52x	2.98x	CN¥-142.67 Million
2024	-102.32%	-36.28%	0.58x	4.83x	CN¥-253.01 Million

Industry Comparison

This section compares Maiquer Group Co Ltd's net assets metrics with peer companies in the Food Distribution industry.

Industry Context

Industry: Food Distribution
Average net assets among peers: $3,008,777,699
Average return on equity (ROE) among peers: 12.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Maiquer Group Co Ltd (002719)	CN¥184.83 Million	36.03%	4.90x	$195.19 Million
Shenzhen Agricultural Products Co Ltd (000061)	$7.52 Billion	2.69%	1.79x	$2.14 Billion
Jinzi Ham Co Ltd (002515)	$1.40 Billion	1.57%	0.03x	$1.16 Billion
Pinlive Foods Co Ltd (300892)	$112.53 Million	34.15%	3.43x	$414.85 Million

About Maiquer Group Co Ltd

SHE:002719 China Food Distribution

Market Cap

$195.19 Million

CN¥1.33 Billion CNY

Market Cap Rank

#16628 Global

#4658 in China

Share Price

CN¥7.66

Change (1 day)

-4.84%

52-Week Range

CN¥7.66 - CN¥10.32

All Time High

CN¥43.21