Markor International Home Furnishings Co Ltd (600337) - Net Assets

Latest as of September 2025: CN¥2.54 Billion CNY ≈ $372.33 Million USD

Based on the latest financial reports, Markor International Home Furnishings Co Ltd (600337) has net assets worth CN¥2.54 Billion CNY (≈ $372.33 Million USD) 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 ≈ $1.01 Billion USD) and total liabilities (CN¥4.38 Billion ≈ $640.95 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 600337 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Markor International Home Furnishings Co (600337) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600337 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥2.77 Billion
≈ $405.48 Million
-25.20%
2023-12-31 CN¥3.70 Billion
≈ $542.07 Million
-11.33%
2022-12-31 CN¥4.18 Billion
≈ $611.34 Million
-5.33%
2021-12-31 CN¥4.41 Billion
≈ $645.76 Million
+3.49%
2020-12-31 CN¥4.26 Billion
≈ $623.99 Million
-8.04%
2019-12-31 CN¥4.64 Billion
≈ $678.58 Million
-3.81%
2018-12-31 CN¥4.82 Billion
≈ $705.44 Million
-2.25%
2017-12-31 CN¥4.93 Billion
≈ $721.68 Million
+53.90%
2016-12-31 CN¥3.20 Billion
≈ $468.93 Million
+4.90%
2015-12-31 CN¥3.05 Billion
≈ $447.04 Million
+7.17%
2014-12-31 CN¥2.85 Billion
≈ $417.14 Million
+5.28%
2013-12-31 CN¥2.71 Billion
≈ $396.23 Million
+7.87%
2012-12-31 CN¥2.51 Billion
≈ $367.33 Million
+1.20%
2011-12-31 CN¥2.48 Billion
≈ $362.98 Million
+6.60%
2010-12-31 CN¥2.33 Billion
≈ $340.50 Million
+52.46%
2009-12-31 CN¥1.53 Billion
≈ $223.34 Million
+4.51%
2008-12-31 CN¥1.46 Billion
≈ $213.70 Million
+3.56%
2007-12-31 CN¥1.41 Billion
≈ $206.35 Million
+60.02%
2006-12-31 CN¥881.21 Million
≈ $128.95 Million
+2.89%
2005-12-31 CN¥856.43 Million
≈ $125.32 Million
+4.33%
2004-12-31 CN¥820.91 Million
≈ $120.12 Million
+1.17%
2003-12-31 CN¥811.41 Million
≈ $118.73 Million
+16.20%
2002-12-31 CN¥698.31 Million
≈ $102.19 Million
+8.80%
2001-12-31 CN¥641.83 Million
≈ $93.92 Million
+6.08%
2000-12-31 CN¥605.04 Million
≈ $88.54 Million
+733.66%
1999-12-31 CN¥72.58 Million
≈ $10.62 Million
+17.09%
1998-12-31 CN¥61.98 Million
≈ $9.07 Million
+114.55%
1997-12-31 CN¥28.89 Million
≈ $4.23 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
Biglari Holdings Inc
NYSE:BH
$607.76 Million
Haier Smart Home Co Ltd
F:690D
$608.34 Million
Hangzhou Electn Soul Network
SHG:603258
$608.51 Million
Chongqing Yukaifa Co Ltd
SHE:000514
$608.71 Million
Shanghai Yanhua Smartech Group
SHE:002178
$607.55 Million
Sparebank 1 Ostfold Akershus
OL:SOAG
$607.47 Million
HANGZHOU TIGERMED CO. H 1
F:5HZ1
$607.45 Million
Beijing Jingyeda Technology Co Ltd
SHE:003005
$607.44 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 863,608,821 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 367,519,051.

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: 1.52x
  • 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 116.26x to 1.52x 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¥2.89 x
1998-12-31 CN¥0.05 CN¥2.89 x
1999-12-31 CN¥0.05 CN¥2.89 x
2000-12-31 CN¥0.51 CN¥2.89 x
2001-12-31 CN¥0.54 CN¥2.89 x
2002-12-31 CN¥0.79 CN¥2.89 x
2003-12-31 CN¥0.84 CN¥2.89 x
2004-12-31 CN¥0.86 CN¥2.89 x
2005-12-31 CN¥0.89 CN¥2.89 x
2006-12-31 CN¥0.92 CN¥2.89 x
2007-12-31 CN¥1.21 CN¥2.89 x
2008-12-31 CN¥1.12 CN¥2.89 x
2009-12-31 CN¥1.20 CN¥2.89 x
2010-12-31 CN¥1.99 CN¥2.89 x
2011-12-31 CN¥1.70 CN¥2.89 x
2012-12-31 CN¥1.73 CN¥2.89 x
2013-12-31 CN¥1.84 CN¥2.89 x
2014-12-31 CN¥1.92 CN¥2.89 x
2015-12-31 CN¥2.03 CN¥2.89 x
2016-12-31 CN¥2.16 CN¥2.89 x
2017-12-31 CN¥3.17 CN¥2.89 x
2018-12-31 CN¥2.66 CN¥2.89 x
2019-12-31 CN¥2.79 CN¥2.89 x
2020-12-31 CN¥2.64 CN¥2.89 x
2021-12-31 CN¥2.89 CN¥2.89 x
2022-12-31 CN¥2.87 CN¥2.89 x
2023-12-31 CN¥2.49 CN¥2.89 x
2024-12-31 CN¥1.90 CN¥2.89 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 -6.95% -6.43% 0.46x 2.33x CN¥-705.23 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: $8,499,597,456
  • Average return on equity (ROE) among peers: 7.91%

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 $607.70 Million
Midea Group Co Ltd (000333) $56.03 Billion 22.68% 1.30x $82.47 Billion
Changhong Meiling Co Ltd (000521) $1.40 Billion 4.87% 0.81x $730.28 Million
Gree Electric Appliances Inc of Zhuhai (000651) $5.86 Billion 21.67% 3.36x $32.83 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921) $15.59 Billion 6.24% 2.59x $3.25 Billion
Suncha Technology Co Ltd (001211) $284.49 Million 14.41% 1.06x $439.66 Million
Elec-Tech International Co Ltd (002005) $1.95 Billion -30.92% 1.09x $741.10 Million
Zhejiang Supor Co Ltd (002032) $2.39 Billion 13.00% 0.37x $5.52 Billion
Vatti Corp Ltd (002035) $325.23 Million 8.29% 1.55x $730.59 Million
CNlight Co Ltd (002076) $365.21 Million 13.83% 0.22x $355.44 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) $797.95 Million 5.06% 1.07x $364.92 Million

About Markor International Home Furnishings Co Ltd

SHG:600337 China Furnishings, Fixtures & Appliances
Market Cap
$607.70 Million
CN¥4.15 Billion CNY
Market Cap Rank
#11557 Global
#3506 in China
Share Price
CN¥2.89
Change (1 day)
+0.00%
52-Week Range
CN¥1.98 - CN¥4.27
All Time High
CN¥6.48
About

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