MLS Co Ltd (002745) - Net Assets

Latest as of September 2025: CN¥13.44 Billion CNY ≈ $1.97 Billion USD

Based on the latest financial reports, MLS Co Ltd (002745) has net assets worth CN¥13.44 Billion CNY (≈ $1.97 Billion 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¥24.62 Billion ≈ $3.60 Billion USD) and total liabilities (CN¥11.18 Billion ≈ $1.64 Billion 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 asset resilience ratio of MLS Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥13.44 Billion
% of Total Assets	54.58%
Annual Growth Rate	31.66%
5-Year Change	2.22%
10-Year Change	403.31%
Growth Volatility	35.5

MLS Co Ltd - Net Assets Trend (2008–2024)

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

Annual Net Assets for MLS Co Ltd (2008–2024)

The table below shows the annual net assets of MLS Co Ltd from 2008 to 2024. For live valuation and market cap data, see MLS Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥12.80 Billion ≈ $1.87 Billion	-7.21%
2023-12-31	CN¥13.80 Billion ≈ $2.02 Billion	+2.38%
2022-12-31	CN¥13.47 Billion ≈ $1.97 Billion	+1.28%
2021-12-31	CN¥13.30 Billion ≈ $1.95 Billion	+6.24%
2020-12-31	CN¥12.52 Billion ≈ $1.83 Billion	+20.39%
2019-12-31	CN¥10.40 Billion ≈ $1.52 Billion	+8.12%
2018-12-31	CN¥9.62 Billion ≈ $1.41 Billion	+62.32%
2017-12-31	CN¥5.93 Billion ≈ $867.19 Million	+10.25%
2016-12-31	CN¥5.38 Billion ≈ $786.58 Million	+111.36%
2015-12-31	CN¥2.54 Billion ≈ $372.15 Million	+69.92%
2014-12-31	CN¥1.50 Billion ≈ $219.01 Million	+41.80%
2013-12-31	CN¥1.06 Billion ≈ $154.46 Million	+51.58%
2012-12-31	CN¥696.34 Million ≈ $101.90 Million	+30.97%
2011-12-31	CN¥531.70 Million ≈ $77.80 Million	+26.39%
2010-12-31	CN¥420.69 Million ≈ $61.56 Million	+109.51%
2009-12-31	CN¥200.80 Million ≈ $29.38 Million	+27.89%
2008-12-31	CN¥157.01 Million ≈ $22.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MLS 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 grown by 10466.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥3.34 Billion	26.33%
Common Stock	CN¥1.48 Billion	11.69%
Other Components	CN¥7.87 Billion	61.98%
Total Equity	CN¥12.69 Billion	100.00%

MLS Co Ltd Competitors by Market Cap

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

Company	Market Cap
Maxvision Technology Corp SHE:002990	$2.06 Billion
Extendicare Inc TO:EXE	$2.06 Billion
AF Gruppen ASA OL:AFG	$2.06 Billion
SF Diamond SHE:300179	$2.07 Billion
Allied Machinery Co. Ltd. SHG:605060	$2.06 Billion
Mirgor S.A. BA:MIRG	$2.06 Billion
Fidelis Insurance Holdings Limited NYSE:FIHL	$2.06 Billion
Huron Consulting Group Inc NASDAQ:HURN	$2.06 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 13,656,466,934 to 12,693,312,504, a change of -963,154,430 (-7.1%).
Net income of 373,787,011 contributed positively to equity growth.
Dividend payments of 1,094,822,207 reduced retained earnings.
Other comprehensive income decreased equity by 773,384,547.
Other factors increased equity by 531,265,313.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥373.79 Million	+2.94%
Dividends Paid	CN¥1.09 Billion	-8.63%
Other Comprehensive Income	CN¥-773.38 Million	-6.09%
Other Changes	CN¥531.27 Million	+4.19%
Total Change	CN¥-	-7.05%

Book Value vs Market Value Analysis

This analysis compares MLS 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: 1.11x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 15.52x to 1.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	CN¥0.61	CN¥9.49	x
2009-12-31	CN¥0.80	CN¥9.49	x
2010-12-31	CN¥1.66	CN¥9.49	x
2011-12-31	CN¥0.65	CN¥9.49	x
2012-12-31	CN¥0.84	CN¥9.49	x
2013-12-31	CN¥1.29	CN¥9.49	x
2014-12-31	CN¥1.83	CN¥9.49	x
2015-12-31	CN¥2.85	CN¥9.49	x
2016-12-31	CN¥5.32	CN¥9.49	x
2017-12-31	CN¥5.54	CN¥9.49	x
2018-12-31	CN¥7.97	CN¥9.49	x
2019-12-31	CN¥7.99	CN¥9.49	x
2020-12-31	CN¥9.09	CN¥9.49	x
2021-12-31	CN¥8.92	CN¥9.49	x
2022-12-31	CN¥9.04	CN¥9.49	x
2023-12-31	CN¥9.21	CN¥9.49	x
2024-12-31	CN¥8.55	CN¥9.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MLS 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): 2.94%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.21%
• Asset Turnover: 0.72x
• Equity Multiplier: 1.85x
Recent ROE (2.94%) is below the historical average (13.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	11.45%	4.43%	1.04x	2.49x	CN¥2.16 Million
2009	21.77%	9.15%	1.08x	2.21x	CN¥22.57 Million
2010	24.95%	12.51%	0.86x	2.33x	CN¥61.09 Million
2011	20.77%	8.45%	0.74x	3.34x	CN¥55.53 Million
2012	23.86%	9.05%	0.77x	3.44x	CN¥93.83 Million
2013	41.81%	15.06%	0.84x	3.32x	CN¥329.19 Million
2014	29.53%	10.84%	0.77x	3.54x	CN¥286.88 Million
2015	10.17%	6.58%	0.51x	3.06x	CN¥4.33 Million
2016	9.01%	8.58%	0.40x	2.65x	CN¥-51.74 Million
2017	11.37%	8.18%	0.43x	3.21x	CN¥80.60 Million
2018	7.53%	4.01%	0.56x	3.35x	CN¥-236.09 Million
2019	4.76%	2.59%	0.55x	3.37x	CN¥-542.14 Million
2020	2.42%	1.74%	0.56x	2.47x	CN¥-944.93 Million
2021	8.75%	6.23%	0.65x	2.17x	CN¥-165.41 Million
2022	1.45%	1.17%	0.66x	1.86x	CN¥-1.15 Billion
2023	3.15%	2.45%	0.72x	1.78x	CN¥-935.72 Million
2024	2.94%	2.21%	0.72x	1.85x	CN¥-895.54 Million

Industry Comparison

This section compares MLS Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $2,959,429,291
Average return on equity (ROE) among peers: 10.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MLS Co Ltd (002745)	CN¥13.44 Billion	11.45%	0.83x	$2.06 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$2.86 Billion	17.55%	2.07x	$1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About MLS Co Ltd

SHE:002745 China Electronic Components

Market Cap

$2.06 Billion

CN¥14.08 Billion CNY

Market Cap Rank

#6138 Global

#1329 in China

Share Price

CN¥9.49

Change (1 day)

+0.42%

52-Week Range

CN¥7.55 - CN¥10.90

All Time High

CN¥24.84