MCLON JEWELLERY Co.Ltd. (300945) - Net Assets
Based on the latest financial reports, MCLON JEWELLERY Co.Ltd. (300945) has net assets worth CN¥1.74 Billion CNY (≈ $254.41 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¥2.01 Billion ≈ $294.03 Million USD) and total liabilities (CN¥270.79 Million ≈ $39.62 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 300945 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.74 Billion |
| % of Total Assets | 86.52% |
| Annual Growth Rate | 23.43% |
| 5-Year Change | 120.46% |
| 10-Year Change | N/A |
| Growth Volatility | 31.84 |
MCLON JEWELLERY Co.Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how MCLON JEWELLERY Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of MCLON JEWELLERY Co.Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MCLON JEWELLERY Co.Ltd. (2019–2025)
The table below shows the annual net assets of MCLON JEWELLERY Co.Ltd. from 2019 to 2025. For live valuation and market cap data, see MCLON JEWELLERY Co.Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.68 Billion ≈ $245.96 Million |
+3.94% |
| 2024-12-31 | CN¥1.62 Billion ≈ $236.64 Million |
+4.10% |
| 2023-12-31 | CN¥1.55 Billion ≈ $227.32 Million |
+91.82% |
| 2022-12-31 | CN¥809.87 Million ≈ $118.51 Million |
+6.22% |
| 2021-12-31 | CN¥762.42 Million ≈ $111.57 Million |
+41.48% |
| 2020-12-31 | CN¥538.90 Million ≈ $78.86 Million |
+13.39% |
| 2019-12-31 | CN¥475.25 Million ≈ $69.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MCLON JEWELLERY 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 106.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥590.15 Million | 35.18% |
| Other Components | CN¥1.09 Billion | 64.82% |
| Total Equity | CN¥1.68 Billion | 100.00% |
MCLON JEWELLERY Co.Ltd. Competitors by Market Cap
The table below lists competitors of MCLON JEWELLERY Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ChoiceOne Financial Services Inc
NASDAQ:COFS
|
$470.95 Million |
|
NK Co. Ltd
KO:085310
|
$470.97 Million |
|
Hangzhou SDIC Microelectronics Inc. A
SHG:688130
|
$471.44 Million |
|
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
|
$471.63 Million |
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$470.78 Million |
|
Shenzhen Zqgame
SHE:300052
|
$470.55 Million |
|
Promate Electronic Co Ltd
TW:6189
|
$470.38 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$470.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCLON JEWELLERY Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,614,297,754 to 1,677,487,462, a change of 63,189,709 (3.9%).
- Net income of 114,575,634 contributed positively to equity growth.
- Dividend payments of 52,749,659 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.58 Million | +6.83% |
| Dividends Paid | CN¥52.75 Million | -3.14% |
| Other Changes | CN¥1.36 Million | +0.08% |
| Total Change | CN¥- | 3.91% |
Book Value vs Market Value Analysis
This analysis compares MCLON JEWELLERY 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: 1.92x
- 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 3.95x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.11 | CN¥12.28 | x |
| 2020-12-31 | CN¥3.52 | CN¥12.28 | x |
| 2021-12-31 | CN¥3.74 | CN¥12.28 | x |
| 2022-12-31 | CN¥3.96 | CN¥12.28 | x |
| 2023-12-31 | CN¥5.92 | CN¥12.28 | x |
| 2024-12-31 | CN¥6.16 | CN¥12.28 | x |
| 2025-12-31 | CN¥6.40 | CN¥12.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCLON JEWELLERY 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): 6.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.18%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 1.16x
- Recent ROE (6.83%) is below the historical average (8.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.66% | 7.24% | 1.66x | 1.14x | CN¥17.39 Million |
| 2020 | 11.81% | 7.87% | 1.30x | 1.15x | CN¥9.76 Million |
| 2021 | 9.22% | 5.61% | 1.47x | 1.11x | CN¥-5.95 Million |
| 2022 | 6.71% | 3.37% | 1.85x | 1.08x | CN¥-26.64 Million |
| 2023 | 5.16% | 4.16% | 1.14x | 1.09x | CN¥-75.06 Million |
| 2024 | 5.95% | 4.08% | 1.30x | 1.12x | CN¥-65.30 Million |
| 2025 | 6.83% | 4.18% | 1.40x | 1.16x | CN¥-53.17 Million |
Industry Comparison
This section compares MCLON JEWELLERY Co.Ltd.'s net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $2,235,456,318
- Average return on equity (ROE) among peers: 5.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCLON JEWELLERY Co.Ltd. (300945) | CN¥1.74 Billion | 13.66% | 0.16x | $470.93 Million |
| Shenzhen Tellus Holding Co Ltd (000025) | $195.08 Million | 3.23% | 2.13x | $906.97 Million |
| Fiyta Holdings Ltd (000026) | $522.73 Million | 0.97% | 0.10x | $1.11 Billion |
| Innovative Medical Management Co Ltd (002173) | $3.53 Billion | 3.25% | 0.29x | $1.13 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $3.59 Billion | 5.54% | 0.55x | $1.33 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $2.87 Billion | 2.91% | 0.70x | $363.14 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $2.46 Billion | 1.17% | 0.09x | $945.64 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.31 Billion | 3.60% | 1.38x | $163.05 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $3.38 Billion | 17.51% | 0.30x | $1.93 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.10 Billion | 7.91% | 0.51x | $19.74 Million |
| Fiyta Holdings Ltd (200026) | $3.39 Billion | 6.50% | 0.18x | $39.53 Million |
About MCLON JEWELLERY Co.Ltd.
MCLON JEWELLERY Co.,Ltd. offers jewelry retail in China and internationally. It provides jewelry, gold and silver accessories. The company sells its products through shopping mall and online sales. MCLON JEWELLERY Co.,Ltd. was incorporated in 2009 and is headquartered in Hangzhou, China.