Marssenger Kitchenware Co. Ltd. Net Assets
Marssenger Kitchenware Co. Ltd. net assets. Based on the latest financial reports, Marssenger Kitchenware Co. Ltd. (300894) has net assets worth CN¥1.05 Billion CNY (≈ $154.03 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¥2.04 Billion ≈ $299.01 Million USD) and total liabilities (CN¥990.78 Million ≈ $144.98 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. Also explore how fast is Marssenger Kitchenware Co. Ltd. growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.05 Billion |
| % of Total Assets | 51.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -25.12% |
| 10-Year Change | 882.02% |
| Growth Volatility | 124.29 |
Net Assets of Marssenger Kitchenware Co. Ltd. (2014–2025)
Net assets of Marssenger Kitchenware Co. Ltd. from 2014 to 2025. This chart illustrates how Marssenger Kitchenware Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Marssenger Kitchenware Co. Ltd. to measure how much of total assets are equity-financed.
Annual Net Assets for Marssenger Kitchenware Co. Ltd. (2014–2025)
The table below shows the annual net assets of Marssenger Kitchenware Co. Ltd. from 2014 to 2025. For live market cap and overall valuation, see Marssenger Kitchenware Co. Ltd. (300894) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.11 Billion ≈ $161.82 Million |
-22.00% |
| 2024-12-31 | CN¥1.42 Billion ≈ $207.45 Million |
-13.98% |
| 2023-12-31 | CN¥1.65 Billion ≈ $241.17 Million |
+0.17% |
| 2022-12-31 | CN¥1.65 Billion ≈ $240.76 Million |
+11.41% |
| 2021-12-31 | CN¥1.48 Billion ≈ $216.11 Million |
+9.79% |
| 2020-12-31 | CN¥1.35 Billion ≈ $196.84 Million |
+131.17% |
| 2019-12-31 | CN¥581.88 Million ≈ $85.15 Million |
+42.70% |
| 2018-12-31 | CN¥407.75 Million ≈ $59.67 Million |
+47.88% |
| 2017-12-31 | CN¥275.74 Million ≈ $40.35 Million |
+144.87% |
| 2016-12-31 | CN¥112.61 Million ≈ $16.48 Million |
+411.86% |
| 2015-12-31 | CN¥22.00 Million ≈ $3.22 Million |
+188.78% |
| 2014-12-31 | CN¥-24.78 Million ≈ $-3.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Marssenger Kitchenware 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 4655593834.0% over the analyzed period, indicating profitable operations and earnings retention.
Marssenger Kitchenware Co. Ltd. Net Assets Breakdown (December 2025)
Marssenger Kitchenware Co. Ltd. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.11 Billion | 100.74% |
| Total Equity | CN¥1.11 Billion | 100.00% |
Marssenger Kitchenware Co. Ltd. Competitors by Market Cap
The table below lists competitors of Marssenger Kitchenware Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Bromake New Material Co. Ltd. A
SHE:301387
|
$554.74 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$554.78 Million |
|
Taihe Technologies
SHE:300801
|
$555.00 Million |
|
Giti Tire Corp
SHG:600182
|
$555.24 Million |
|
Ensign Energy Services Inc
TO:ESI
|
$554.69 Million |
|
Dongguan Golden Sun Abrasives Co Ltd
SHE:300606
|
$554.30 Million |
|
Khang Dien House Trading and Investment JSC
VN:KDH
|
$554.29 Million |
|
UE Furniture Co Ltd
SHG:603600
|
$554.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marssenger Kitchenware Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,417,650,712 to 1,105,842,285, a change of -311,808,427 (-22.0%).
- Net loss of 296,097,562 reduced equity.
- Dividend payments of 5,297,824 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-296.10 Million | -26.78% |
| Dividends Paid | CN¥5.30 Million | -0.48% |
| Other Changes | CN¥-10.41 Million | -0.94% |
| Total Change | CN¥- | -21.99% |
Book Value vs Market Value Analysis
This analysis compares Marssenger Kitchenware 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: 3.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥-0.08 | CN¥9.36 | x |
| 2015-12-31 | CN¥0.07 | CN¥9.36 | x |
| 2016-12-31 | CN¥1.79 | CN¥9.36 | x |
| 2017-12-31 | CN¥0.91 | CN¥9.36 | x |
| 2018-12-31 | CN¥1.24 | CN¥9.36 | x |
| 2019-12-31 | CN¥1.60 | CN¥9.36 | x |
| 2020-12-31 | CN¥3.71 | CN¥9.36 | x |
| 2021-12-31 | CN¥3.66 | CN¥9.36 | x |
| 2022-12-31 | CN¥4.03 | CN¥9.36 | x |
| 2023-12-31 | CN¥3.94 | CN¥9.36 | x |
| 2024-12-31 | CN¥3.81 | CN¥9.36 | x |
| 2025-12-31 | CN¥2.72 | CN¥9.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marssenger Kitchenware 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): -26.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.43%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.89x
- Recent ROE (-26.78%) is below the historical average (25.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 2.58% | 0.95x | 0.00x | CN¥6.45 Million |
| 2015 | 76.27% | 8.93% | 0.94x | 9.06x | CN¥14.58 Million |
| 2016 | 50.18% | 16.27% | 1.14x | 2.70x | CN¥45.24 Million |
| 2017 | 59.16% | 23.30% | 1.10x | 2.31x | CN¥135.56 Million |
| 2018 | 22.65% | 9.66% | 1.11x | 2.11x | CN¥51.57 Million |
| 2019 | 41.20% | 18.08% | 1.15x | 1.99x | CN¥181.55 Million |
| 2020 | 20.46% | 17.05% | 0.75x | 1.61x | CN¥140.69 Million |
| 2021 | 25.42% | 16.20% | 0.97x | 1.62x | CN¥227.95 Million |
| 2022 | 19.12% | 13.81% | 0.71x | 1.95x | CN¥149.99 Million |
| 2023 | 14.99% | 11.56% | 0.64x | 2.02x | CN¥82.30 Million |
| 2024 | 0.79% | 0.81% | 0.55x | 1.75x | CN¥-130.61 Million |
| 2025 | -26.78% | -38.43% | 0.37x | 1.89x | CN¥-406.68 Million |
Industry Comparison
This section compares Marssenger Kitchenware Co. Ltd.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $1,650,840,654
- Average return on equity (ROE) among peers: 5.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marssenger Kitchenware Co. Ltd. (300894) | CN¥1.05 Billion | 0.00% | 0.94x | $554.72 Million |
| Midea Group Co Ltd (000333) | $4.91 Billion | 3.72% | 2.29x | $90.38 Billion |
| Changhong Meiling Co Ltd (000521) | $4.96 Billion | -1.59% | 2.25x | $522.55 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $1.86 Billion | 15.94% | 2.84x | $32.12 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-832.15 Million | 0.00% | 0.00x | $3.20 Billion |
| Suncha Technology Co Ltd (001211) | $868.55 Million | 0.28% | 1.25x | $369.34 Million |
| Elec-Tech International Co Ltd (002005) | $632.60 Million | 0.97% | 1.62x | $556.46 Million |
| Zhejiang Supor Co Ltd (002032) | $2.16 Billion | 10.94% | 0.23x | $5.18 Billion |
| Vatti Corp Ltd (002035) | $331.34 Million | 4.47% | 1.62x | $534.61 Million |
| CNlight Co Ltd (002076) | $365.21 Million | 13.83% | 0.22x | $306.75 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.25 Billion | 6.80% | 0.50x | $376.26 Million |
About Marssenger Kitchenware Co. Ltd.
Marssenger Kitchenware Co., Ltd. engages in the research and development, design, production, and sale of kitchen appliances and other household electrical appliances in China. It offers integrated stoves, such as gas stoves and range hoods; integrated dishwashers, integrated sinks, and other water-washing products; kitchen cabinets; built-in appliances, including built-in ovens and built-in stea… Read more