MCLON JEWELLERY Co.Ltd. (300945) - Net Assets
Based on the latest financial reports, MCLON JEWELLERY Co.Ltd. (300945) has net assets worth CN¥1.66 Billion CNY (≈ $242.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.95 Billion ≈ $285.62 Million USD) and total liabilities (CN¥293.22 Million ≈ $42.91 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 MCLON JEWELLERY Co.Ltd. (300945) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.66 Billion |
| % of Total Assets | 84.98% |
| Annual Growth Rate | 27.74% |
| 5-Year Change | 200.08% |
| 10-Year Change | N/A |
| Growth Volatility | 33.03 |
MCLON JEWELLERY Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how MCLON JEWELLERY Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 300945 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for MCLON JEWELLERY Co.Ltd. (2019–2024)
The table below shows the annual net assets of MCLON JEWELLERY Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see MCLON JEWELLERY Co.Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 85.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥531.13 Million | 32.90% |
| Other Components | CN¥1.08 Billion | 67.10% |
| Total Equity | CN¥1.61 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 |
|---|---|
|
Ranhill Holdings Ltd
KLSE:5272
|
$592.17 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$592.48 Million |
|
Solowin Holdings
NASDAQ:AXG
|
$592.51 Million |
|
Postal Realty Trust Inc
NYSE:PSTL
|
$592.53 Million |
|
Joyware Electronics Co Ltd
SHE:300270
|
$591.98 Million |
|
Galiano Gold Inc
TO:GAU
|
$591.97 Million |
|
Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061
|
$591.78 Million |
|
Dareway Software Co Ltd
SHG:688579
|
$591.78 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 2023 to 2024, total equity changed from 1,551,455,520 to 1,614,297,754, a change of 62,842,234 (4.1%).
- Net income of 96,125,069 contributed positively to equity growth.
- Dividend payments of 33,606,020 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥96.13 Million | +5.95% |
| Dividends Paid | CN¥33.61 Million | -2.08% |
| Other Changes | CN¥323.18K | +0.02% |
| Total Change | CN¥- | 4.05% |
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: 2.51x
- 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 4.97x to 2.51x 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¥15.44 | x |
| 2020-12-31 | CN¥3.52 | CN¥15.44 | x |
| 2021-12-31 | CN¥3.74 | CN¥15.44 | x |
| 2022-12-31 | CN¥3.96 | CN¥15.44 | x |
| 2023-12-31 | CN¥5.92 | CN¥15.44 | x |
| 2024-12-31 | CN¥6.16 | CN¥15.44 | 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): 5.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.08%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.12x
- Recent ROE (5.95%) is below the historical average (8.75%), 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 |
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: $2,144,541,446
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCLON JEWELLERY Co.Ltd. (300945) | CN¥1.66 Billion | 13.66% | 0.18x | $592.11 Million |
| Shenzhen Tellus Holding Co Ltd (000025) | $242.35 Million | 2.14% | 4.26x | $954.10 Million |
| Fiyta Holdings Ltd (000026) | $3.33 Billion | 9.99% | 0.26x | $968.83 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.50 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.44 Billion | 7.22% | 0.40x | $1.37 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.05 Billion | 2.01% | 0.62x | $441.17 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $908.61 Million | 7.58% | 2.36x | $1.19 Billion |
| 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) | $6.38 Billion | 20.61% | 0.25x | $2.11 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.34 Billion | 16.40% | 0.23x | $21.50 Million |
| Fiyta Holdings Ltd (200026) | $2.30 Billion | 5.28% | 0.84x | $36.57 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.