Maiquer Group Co Ltd (002719) - Net Assets
Based on the latest financial reports, Maiquer Group Co Ltd (002719) has net assets worth CN¥100.40 Million CNY (≈ $14.69 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥938.20 Million ≈ $137.29 Million USD) and total liabilities (CN¥837.80 Million ≈ $122.60 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 (002719) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥100.40 Million |
| % of Total Assets | 10.7% |
| Annual Growth Rate | 0.06% |
| 5-Year Change | -87.36% |
| 10-Year Change | -90.28% |
| Growth Volatility | 40.89 |
Maiquer Group Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Maiquer Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Maiquer Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Maiquer Group Co Ltd (2009–2025)
The table below shows the annual net assets of Maiquer Group Co Ltd from 2009 to 2025. For live valuation and market cap data, see market cap of Maiquer Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥111.05 Million ≈ $16.25 Million |
-49.11% |
| 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 |
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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 13394.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥779.83 Million | 653.02% |
| Total Equity | CN¥119.42 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 |
|---|---|
|
Copley Acquisition Corp
NYSE:COPL
|
$187.33 Million |
|
IM Vinaria Purcari SRL
RO:WINE
|
$187.40 Million |
|
Zur Shamir Holdings Ltd
TA:ZUR
|
$187.45 Million |
|
Polymetals Resources Ltd
AU:POL
|
$187.45 Million |
|
Gs Global
KO:001250
|
$187.28 Million |
|
Central Industrial Corp
KLSE:8052
|
$187.10 Million |
|
Canton Strategic Holdings, Inc.
NASDAQ:CNTN
|
$187.08 Million |
|
Oceanhawk Acquisition Corp. Class A Ordinary Shares
NASDAQ:OHAC
|
$187.03 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 2024 to 2025, total equity changed from 225,256,053 to 119,418,765, a change of -105,837,288 (-47.0%).
- Net loss of 102,744,606 reduced equity.
- Dividend payments of 4,009,648 reduced retained earnings.
- Other comprehensive income decreased equity by 1,192,100.
- Other factors increased equity by 2,109,067.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-102.74 Million | -86.04% |
| Dividends Paid | CN¥4.01 Million | -3.36% |
| Other Comprehensive Income | CN¥-1.19 Million | -1.0% |
| Other Changes | CN¥2.11 Million | +1.77% |
| Total Change | CN¥- | -46.99% |
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: 10.72x
- 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 increased from 8.00x to 10.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.92 | CN¥7.35 | x |
| 2010-12-31 | CN¥1.10 | CN¥7.35 | x |
| 2011-12-31 | CN¥1.66 | CN¥7.35 | x |
| 2012-12-31 | CN¥2.11 | CN¥7.35 | x |
| 2013-12-31 | CN¥2.58 | CN¥7.35 | x |
| 2014-12-31 | CN¥4.50 | CN¥7.35 | x |
| 2015-12-31 | CN¥6.69 | CN¥7.35 | x |
| 2016-12-31 | CN¥6.60 | CN¥7.35 | x |
| 2017-12-31 | CN¥6.48 | CN¥7.35 | x |
| 2018-12-31 | CN¥5.68 | CN¥7.35 | x |
| 2019-12-31 | CN¥8.86 | CN¥7.35 | x |
| 2020-12-31 | CN¥5.02 | CN¥7.35 | x |
| 2021-12-31 | CN¥5.06 | CN¥7.35 | x |
| 2022-12-31 | CN¥3.19 | CN¥7.35 | x |
| 2023-12-31 | CN¥2.62 | CN¥7.35 | x |
| 2024-12-31 | CN¥1.29 | CN¥7.35 | x |
| 2025-12-31 | CN¥0.69 | CN¥7.35 | 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): -86.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.10%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 7.89x
- Recent ROE (-86.04%) is below the historical average (-7.98%), 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 | -8.46% | -10.36% | 0.55x | 1.49x | CN¥-151.56 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 | -63.08% | -35.47% | 0.70x | 2.54x | CN¥-406.41 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 |
| 2025 | -86.04% | -17.10% | 0.64x | 7.89x | CN¥-114.69 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: $2,558,577,936
- Average return on equity (ROE) among peers: 9.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maiquer Group Co Ltd (002719) | CN¥100.40 Million | 36.03% | 8.34x | $187.29 Million |
| Shenzhen Agricultural Products Co Ltd (000061) | $7.09 Billion | 4.45% | 1.74x | $1.76 Billion |
| Jinzi Ham Co Ltd (002515) | $1.38 Billion | -0.61% | 0.08x | $1.61 Billion |
| Pinlive Foods Co Ltd (300892) | $239.44 Million | 32.61% | 1.75x | $316.08 Million |
| Zhe Jiang Dong Ri Ltd Co (600113) | $1.52 Billion | 2.30% | 0.28x | $2.19 Billion |
About Maiquer Group Co Ltd
Maiquer Group CO.,LTD engages in the production and sale of dairy products and baked goods in China. The company offers alcoholic and non-alcoholic beverages, purified water, as well as pre-packaged foods. It also provides agricultural products; livestock breeding and agricultural cultivation services; and festival products. The company was founded in 2002 and is headquartered in Changji, China.