Markor International Home Furnishings Co Ltd
Markor International Home Furnishings Co., Ltd. engages in the production and sale of home furniture and supporting household products in China and internationally. It offers sofas, solid wood finished furniture, home accessories, sleeping products, custom cabinets, etc. It operates and franchises a retail brand network of retail stores under the Markor Home Furnishings, West Side, Caracole, ART … Read more
Markor International Home Furnishings Co Ltd (600337) - Net Assets
Latest net assets as of September 2025: CN¥2.54 Billion CNY
Based on the latest financial reports, Markor International Home Furnishings Co Ltd (600337) has net assets worth CN¥2.54 Billion 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¥6.92 Billion) and total liabilities (CN¥4.38 Billion). 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¥2.54 Billion |
| % of Total Assets | 36.75% |
| Annual Growth Rate | 18.41% |
| 5-Year Change | -35.02% |
| 10-Year Change | -9.3% |
| Growth Volatility | 138.89 |
Markor International Home Furnishings Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Markor International Home Furnishings Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Markor International Home Furnishings Co Ltd (1997–2024)
The table below shows the annual net assets of Markor International Home Furnishings Co Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.77 Billion | -25.20% |
| 2023-12-31 | CN¥3.70 Billion | -11.33% |
| 2022-12-31 | CN¥4.18 Billion | -5.33% |
| 2021-12-31 | CN¥4.41 Billion | +3.49% |
| 2020-12-31 | CN¥4.26 Billion | -8.04% |
| 2019-12-31 | CN¥4.64 Billion | -3.81% |
| 2018-12-31 | CN¥4.82 Billion | -2.25% |
| 2017-12-31 | CN¥4.93 Billion | +53.90% |
| 2016-12-31 | CN¥3.20 Billion | +4.90% |
| 2015-12-31 | CN¥3.05 Billion | +7.17% |
| 2014-12-31 | CN¥2.85 Billion | +5.28% |
| 2013-12-31 | CN¥2.71 Billion | +7.87% |
| 2012-12-31 | CN¥2.51 Billion | +1.20% |
| 2011-12-31 | CN¥2.48 Billion | +6.60% |
| 2010-12-31 | CN¥2.33 Billion | +52.46% |
| 2009-12-31 | CN¥1.53 Billion | +4.51% |
| 2008-12-31 | CN¥1.46 Billion | +3.56% |
| 2007-12-31 | CN¥1.41 Billion | +60.02% |
| 2006-12-31 | CN¥881.21 Million | +2.89% |
| 2005-12-31 | CN¥856.43 Million | +4.33% |
| 2004-12-31 | CN¥820.91 Million | +1.17% |
| 2003-12-31 | CN¥811.41 Million | +16.20% |
| 2002-12-31 | CN¥698.31 Million | +8.80% |
| 2001-12-31 | CN¥641.83 Million | +6.08% |
| 2000-12-31 | CN¥605.04 Million | +733.66% |
| 1999-12-31 | CN¥72.58 Million | +17.09% |
| 1998-12-31 | CN¥61.98 Million | +114.55% |
| 1997-12-31 | CN¥28.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Markor International Home Furnishings 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 6562.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥694.17 Million | 25.28% |
| Common Stock | CN¥1.44 Billion | 52.32% |
| Other Comprehensive Income | CN¥524.33 Million | 19.09% |
| Other Components | CN¥90.82 Million | 3.31% |
| Total Equity | CN¥2.75 Billion | 100.00% |
Markor International Home Furnishings Co Ltd Competitors by Market Cap
The table below lists competitors of Markor International Home Furnishings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FISHER (JAMES)SONS LS-25
F:6FJ
|
$240.81 Million |
|
Shenzhen Infinova Ltd
SHE:002528
|
$240.84 Million |
|
Arteche Lantegi Elkartea SA
MC:ART
|
$240.89 Million |
|
Comptech Composites Corp
SHE:301591
|
$240.96 Million |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
$240.76 Million |
|
HLB Life Science Co. Ltd
KQ:067630
|
$240.73 Million |
|
ZheJiang Haers Vacuum Containers Co Ltd
SHE:002615
|
$240.71 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
$240.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Markor International Home Furnishings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,688,273,892 to 2,746,318,141, a change of -941,955,751 (-25.5%).
- Net loss of 863,608,823 reduced equity.
- Dividend payments of 100,667,418 reduced retained earnings.
- Share repurchases of 85,216,558 reduced equity.
- Other comprehensive income increased equity by 475,056,097.
- Other factors decreased equity by 367,519,049.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-863.61 Million | -31.45% |
| Dividends Paid | CN¥100.67 Million | -3.67% |
| Share Repurchases | CN¥85.22 Million | -3.1% |
| Other Comprehensive Income | CN¥475.06 Million | +17.3% |
| Other Changes | CN¥-367.52 Million | -13.38% |
| Total Change | CN¥- | -25.54% |
Book Value vs Market Value Analysis
This analysis compares Markor International Home Furnishings 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: 1.34x
- 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 102.58x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.02 | CN¥2.55 | x |
| 1998-12-31 | CN¥0.05 | CN¥2.55 | x |
| 1999-12-31 | CN¥0.05 | CN¥2.55 | x |
| 2000-12-31 | CN¥0.51 | CN¥2.55 | x |
| 2001-12-31 | CN¥0.54 | CN¥2.55 | x |
| 2002-12-31 | CN¥0.79 | CN¥2.55 | x |
| 2003-12-31 | CN¥0.84 | CN¥2.55 | x |
| 2004-12-31 | CN¥0.86 | CN¥2.55 | x |
| 2005-12-31 | CN¥0.89 | CN¥2.55 | x |
| 2006-12-31 | CN¥0.92 | CN¥2.55 | x |
| 2007-12-31 | CN¥1.21 | CN¥2.55 | x |
| 2008-12-31 | CN¥1.12 | CN¥2.55 | x |
| 2009-12-31 | CN¥1.20 | CN¥2.55 | x |
| 2010-12-31 | CN¥1.99 | CN¥2.55 | x |
| 2011-12-31 | CN¥1.70 | CN¥2.55 | x |
| 2012-12-31 | CN¥1.58 | CN¥2.55 | x |
| 2013-12-31 | CN¥1.85 | CN¥2.55 | x |
| 2014-12-31 | CN¥1.91 | CN¥2.55 | x |
| 2015-12-31 | CN¥2.03 | CN¥2.55 | x |
| 2016-12-31 | CN¥2.13 | CN¥2.55 | x |
| 2017-12-31 | CN¥3.24 | CN¥2.55 | x |
| 2018-12-31 | CN¥2.66 | CN¥2.55 | x |
| 2019-12-31 | CN¥2.79 | CN¥2.55 | x |
| 2020-12-31 | CN¥2.64 | CN¥2.55 | x |
| 2021-12-31 | CN¥2.94 | CN¥2.55 | x |
| 2022-12-31 | CN¥2.78 | CN¥2.55 | x |
| 2023-12-31 | CN¥2.47 | CN¥2.55 | x |
| 2024-12-31 | CN¥1.90 | CN¥2.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Markor International Home Furnishings 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): -31.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.44%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.90x
- Recent ROE (-31.45%) is below the historical average (8.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 46.57% | 25.50% | 0.47x | 3.90x | CN¥10.57 Million |
| 1998 | 45.46% | 16.24% | 0.86x | 3.27x | CN¥18.78 Million |
| 1999 | 48.07% | 16.38% | 1.00x | 2.95x | CN¥22.93 Million |
| 2000 | 6.31% | 15.74% | 0.31x | 1.28x | CN¥-21.72 Million |
| 2001 | 7.05% | 16.21% | 0.35x | 1.25x | CN¥-18.37 Million |
| 2002 | 6.13% | 8.66% | 0.51x | 1.39x | CN¥-25.26 Million |
| 2003 | 5.70% | 6.85% | 0.55x | 1.51x | CN¥-29.74 Million |
| 2004 | 4.13% | 4.15% | 0.69x | 1.45x | CN¥-41.69 Million |
| 2005 | 4.44% | 3.93% | 0.77x | 1.46x | CN¥-40.77 Million |
| 2006 | 4.26% | 3.07% | 0.82x | 1.69x | CN¥-43.24 Million |
| 2007 | 8.25% | 5.30% | 0.93x | 1.67x | CN¥-22.64 Million |
| 2008 | 4.65% | 3.20% | 0.70x | 2.08x | CN¥-72.15 Million |
| 2009 | 3.25% | 2.42% | 0.72x | 1.87x | CN¥-93.78 Million |
| 2010 | 3.94% | 3.79% | 0.65x | 1.60x | CN¥-140.88 Million |
| 2011 | 7.92% | 7.67% | 0.69x | 1.49x | CN¥-51.44 Million |
| 2012 | 0.83% | 0.79% | 0.70x | 1.50x | CN¥-230.32 Million |
| 2013 | 6.35% | 6.43% | 0.71x | 1.39x | CN¥-98.77 Million |
| 2014 | 8.19% | 8.61% | 0.68x | 1.40x | CN¥-51.50 Million |
| 2015 | 9.84% | 10.52% | 0.59x | 1.58x | CN¥-4.88 Million |
| 2016 | 10.32% | 9.54% | 0.67x | 1.60x | CN¥10.35 Million |
| 2017 | 7.41% | 8.74% | 0.60x | 1.40x | CN¥-127.82 Million |
| 2018 | 9.40% | 8.58% | 0.60x | 1.82x | CN¥-28.96 Million |
| 2019 | 10.03% | 8.30% | 0.69x | 1.76x | CN¥1.52 Million |
| 2020 | 7.21% | 6.70% | 0.61x | 1.77x | CN¥-118.59 Million |
| 2021 | 5.20% | 4.34% | 0.53x | 2.26x | CN¥-211.42 Million |
| 2022 | -7.09% | -6.56% | 0.46x | 2.33x | CN¥-710.99 Million |
| 2023 | -12.56% | -11.07% | 0.43x | 2.62x | CN¥-831.94 Million |
| 2024 | -31.45% | -25.44% | 0.43x | 2.90x | CN¥-1.14 Billion |
Industry Comparison
This section compares Markor International Home Furnishings 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: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Markor International Home Furnishings Co Ltd (600337) | CN¥2.54 Billion | 46.57% | 1.72x | $240.77 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |