Meorient
Zhejiang Meorient Commerce Exhibition Inc. provides convention and exhibition services. Its exhibitions include Home life series of exhibitions, which covers furniture, household appliances and consumer electronics, household textiles, fabrics and clothing, household products and decoration materials, household lighting and lighting, household food and materials, etc.; the Machinex series of exhi… Read more
Meorient (300795) - Net Assets
Latest net assets as of September 2025: CN¥584.28 Million CNY
Based on the latest financial reports, Meorient (300795) has net assets worth CN¥584.28 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥896.35 Million) and total liabilities (CN¥312.07 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 | CN¥584.28 Million |
| % of Total Assets | 65.18% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | 47.66% |
| 10-Year Change | 253.79% |
| Growth Volatility | 50.37 |
Meorient - Net Assets Trend (2012–2024)
This chart illustrates how Meorient's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meorient (2012–2024)
The table below shows the annual net assets of Meorient from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥643.00 Million | -5.36% |
| 2023-12-31 | CN¥679.40 Million | +48.10% |
| 2022-12-31 | CN¥458.73 Million | +15.35% |
| 2021-12-31 | CN¥397.70 Million | -8.67% |
| 2020-12-31 | CN¥435.47 Million | -28.02% |
| 2019-12-31 | CN¥604.98 Million | +155.83% |
| 2018-12-31 | CN¥236.47 Million | +8.28% |
| 2017-12-31 | CN¥218.40 Million | +8.27% |
| 2016-12-31 | CN¥201.72 Million | +10.99% |
| 2015-12-31 | CN¥181.75 Million | +93.03% |
| 2014-12-31 | CN¥94.16 Million | +61.87% |
| 2013-12-31 | CN¥58.17 Million | +76.28% |
| 2012-12-31 | CN¥33.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meorient'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 809.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥168.71 Million | 27.12% |
| Common Stock | CN¥230.73 Million | 37.09% |
| Other Comprehensive Income | CN¥84.00 Million | 13.50% |
| Other Components | CN¥138.62 Million | 22.28% |
| Total Equity | CN¥622.06 Million | 100.00% |
Meorient Competitors by Market Cap
The table below lists competitors of Meorient ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aevis Victoria SA
SW:AEVS
|
$186.11 Million |
|
PTG Energy Public Company Limited
BK:PTG-R
|
$186.17 Million |
|
Zhejiang East Crystal Electronic Co Ltd
SHE:002199
|
$186.19 Million |
|
Techpoint Inc
PINK:THPTF
|
$186.21 Million |
|
Solowin Holdings
NASDAQ:AXG
|
$186.11 Million |
|
Can2 Termik AS
IS:CANTE
|
$185.94 Million |
|
Kuber Resources Corporation
OTCQB:KUBR
|
$185.92 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
$185.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meorient's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 656,263,898 to 622,060,061, a change of -34,203,837 (-5.2%).
- Net income of 155,167,919 contributed positively to equity growth.
- Dividend payments of 144,263,222 reduced retained earnings.
- Share repurchases of 56,380,142 reduced equity.
- Other comprehensive income increased equity by 83,420,668.
- Other factors decreased equity by 72,149,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥155.17 Million | +24.94% |
| Dividends Paid | CN¥144.26 Million | -23.19% |
| Share Repurchases | CN¥56.38 Million | -9.06% |
| Other Comprehensive Income | CN¥83.42 Million | +13.41% |
| Other Changes | CN¥-72.15 Million | -11.6% |
| Total Change | CN¥- | -5.21% |
Book Value vs Market Value Analysis
This analysis compares Meorient'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: 4.58x
- 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 7.42x to 4.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.68 | CN¥12.48 | x |
| 2013-12-31 | CN¥1.93 | CN¥12.48 | x |
| 2014-12-31 | CN¥1.83 | CN¥12.48 | x |
| 2015-12-31 | CN¥2.52 | CN¥12.48 | x |
| 2016-12-31 | CN¥1.78 | CN¥12.48 | x |
| 2017-12-31 | CN¥1.90 | CN¥12.48 | x |
| 2018-12-31 | CN¥2.06 | CN¥12.48 | x |
| 2019-12-31 | CN¥4.00 | CN¥12.48 | x |
| 2020-12-31 | CN¥2.89 | CN¥12.48 | x |
| 2021-12-31 | CN¥2.56 | CN¥12.48 | x |
| 2022-12-31 | CN¥2.96 | CN¥12.48 | x |
| 2023-12-31 | CN¥4.28 | CN¥12.48 | x |
| 2024-12-31 | CN¥2.73 | CN¥12.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meorient 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): 24.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.65%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.34x
- Recent ROE (24.94%) is above the historical average (20.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 58.66% | 7.69% | 2.45x | 3.11x | CN¥14.81 Million |
| 2013 | 53.17% | 11.81% | 2.27x | 1.98x | CN¥23.94 Million |
| 2014 | 21.72% | 9.62% | 1.36x | 1.66x | CN¥10.87 Million |
| 2015 | 17.75% | 11.52% | 1.11x | 1.39x | CN¥13.90 Million |
| 2016 | 17.65% | 10.57% | 1.21x | 1.38x | CN¥15.24 Million |
| 2017 | 24.54% | 12.54% | 1.48x | 1.32x | CN¥31.27 Million |
| 2018 | 29.42% | 15.66% | 1.49x | 1.26x | CN¥45.13 Million |
| 2019 | 10.99% | 15.53% | 0.64x | 1.10x | CN¥5.96 Million |
| 2020 | -14.89% | -68.50% | 0.18x | 1.22x | CN¥-108.04 Million |
| 2021 | -15.01% | -31.74% | 0.35x | 1.36x | CN¥-96.04 Million |
| 2022 | 11.26% | 14.47% | 0.58x | 1.33x | CN¥5.62 Million |
| 2023 | 28.68% | 22.54% | 0.96x | 1.32x | CN¥122.58 Million |
| 2024 | 24.94% | 20.65% | 0.90x | 1.34x | CN¥92.96 Million |
Industry Comparison
This section compares Meorient's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,023,358,595
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meorient (300795) | CN¥584.28 Million | 58.66% | 0.53x | $186.11 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $406.57 Million | 9.85% | 0.70x | $310.62 Million |
| Tungkong Inc (002117) | $211.00 Million | 24.79% | 1.36x | $504.60 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $1.21 Billion | 12.38% | 3.22x | $1.26 Billion |
| Hongbo Co Ltd (002229) | $1.34 Billion | -21.81% | 1.32x | $1.12 Billion |
| Beijing Shengtong Printing Co Ltd (002599) | $147.72 Million | 16.68% | 1.56x | $346.10 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.53 Billion | 8.27% | 0.67x | $277.42 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.00 Billion | 7.40% | 0.05x | $153.91 Million |
| Suzhou Electrical Apparatus Sci (300215) | $1.83 Billion | 4.73% | 1.24x | $356.39 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $166.51 Million | 0.00% | 1.55x | $1.97 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.38 Billion | 7.16% | 0.87x | $289.91 Million |