Markor International Home Furnishings Co Ltd (600337) - Net Assets
Based on the latest financial reports, Markor International Home Furnishings Co Ltd (600337) has net assets worth CN¥427.40 Million CNY (≈ $62.54 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¥4.87 Billion ≈ $712.34 Million USD) and total liabilities (CN¥4.44 Billion ≈ $649.80 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 large is Markor International Home Furnishings Co's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥427.40 Million |
| % of Total Assets | 8.78% |
| Annual Growth Rate | 11.78% |
| 5-Year Change | -85.2% |
| 10-Year Change | -79.62% |
| Growth Volatility | 138.07 |
Markor International Home Furnishings Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Markor International Home Furnishings Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 600337 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Markor International Home Furnishings Co Ltd (1997–2025)
The table below shows the annual net assets of Markor International Home Furnishings Co Ltd from 1997 to 2025. For live valuation and market cap data, see market cap of Markor International Home Furnishings Co.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥653.15 Million ≈ $95.58 Million |
-76.43% |
| 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 |
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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 decreased by 13627.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.03 Billion | 327.19% |
| Total Equity | CN¥620.40 Million | 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 |
|---|---|
|
Noah Holdings Limited
F:6NO
|
$540.47 Million |
|
Martinrea International Inc.
TO:MRE
|
$540.53 Million |
|
Asia Aviation Public Company Limited
BK:AAV-R
|
$540.71 Million |
|
Midi Utama Indonesia Tbk
JK:MIDI
|
$540.73 Million |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
$540.23 Million |
|
Immix Biopharma Inc
NASDAQ:IMMX
|
$539.76 Million |
|
Goodluck India Limited
NSE:GOODLUCK
|
$539.66 Million |
|
Kura Sushi USA Inc
NASDAQ:KRUS
|
$539.57 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 2024 to 2025, total equity changed from 2,746,318,141 to 620,397,104, a change of -2,125,921,037 (-77.4%).
- Net loss of 2,103,619,363 reduced equity.
- Dividend payments of 102,370,534 reduced retained earnings.
- Other comprehensive income decreased equity by 524,334,849.
- Other factors increased equity by 604,403,709.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.10 Billion | -339.08% |
| Dividends Paid | CN¥102.37 Million | -16.5% |
| Other Comprehensive Income | CN¥-524.33 Million | -84.52% |
| Other Changes | CN¥604.40 Million | +97.42% |
| Total Change | CN¥- | -77.41% |
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: 5.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 103.39x to 5.95x 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¥2.57 | x |
| 1998-12-31 | CN¥0.05 | CN¥2.57 | x |
| 1999-12-31 | CN¥0.05 | CN¥2.57 | x |
| 2000-12-31 | CN¥0.51 | CN¥2.57 | x |
| 2001-12-31 | CN¥0.54 | CN¥2.57 | x |
| 2002-12-31 | CN¥0.79 | CN¥2.57 | x |
| 2003-12-31 | CN¥0.84 | CN¥2.57 | x |
| 2004-12-31 | CN¥0.86 | CN¥2.57 | x |
| 2005-12-31 | CN¥0.89 | CN¥2.57 | x |
| 2006-12-31 | CN¥0.92 | CN¥2.57 | x |
| 2007-12-31 | CN¥1.21 | CN¥2.57 | x |
| 2008-12-31 | CN¥1.12 | CN¥2.57 | x |
| 2009-12-31 | CN¥1.20 | CN¥2.57 | x |
| 2010-12-31 | CN¥1.99 | CN¥2.57 | x |
| 2011-12-31 | CN¥1.70 | CN¥2.57 | x |
| 2012-12-31 | CN¥1.73 | CN¥2.57 | x |
| 2013-12-31 | CN¥1.84 | CN¥2.57 | x |
| 2014-12-31 | CN¥1.92 | CN¥2.57 | x |
| 2015-12-31 | CN¥2.03 | CN¥2.57 | x |
| 2016-12-31 | CN¥2.16 | CN¥2.57 | x |
| 2017-12-31 | CN¥3.17 | CN¥2.57 | x |
| 2018-12-31 | CN¥2.66 | CN¥2.57 | x |
| 2019-12-31 | CN¥2.79 | CN¥2.57 | x |
| 2020-12-31 | CN¥2.64 | CN¥2.57 | x |
| 2021-12-31 | CN¥2.89 | CN¥2.57 | x |
| 2022-12-31 | CN¥2.87 | CN¥2.57 | x |
| 2023-12-31 | CN¥2.49 | CN¥2.57 | x |
| 2024-12-31 | CN¥1.90 | CN¥2.57 | x |
| 2025-12-31 | CN¥0.43 | CN¥2.57 | 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): -339.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -80.54%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 8.35x
- Recent ROE (-339.08%) is below the historical average (-3.76%), 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 |
| 2025 | -339.08% | -80.54% | 0.50x | 8.35x | CN¥-2.17 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: $33,822,641,432
- Average return on equity (ROE) among peers: 12.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Markor International Home Furnishings Co Ltd (600337) | CN¥427.40 Million | 46.57% | 10.39x | $540.41 Million |
| Midea Group Co Ltd (000333) | $227.67 Billion | 16.93% | 1.65x | $86.76 Billion |
| Changhong Meiling Co Ltd (000521) | $1.35 Billion | 8.75% | 0.73x | $639.97 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $92.71 Billion | 28.26% | 1.71x | $32.99 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $2.93 Billion | -8.39% | 2.81x | $3.64 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $219.25 Million |
| Elec-Tech International Co Ltd (002005) | $669.68 Million | 4.62% | 1.83x | $589.80 Million |
| Zhejiang Supor Co Ltd (002032) | $7.24 Billion | 25.51% | 0.70x | $4.85 Billion |
| Vatti Corp Ltd (002035) | $3.12 Billion | 23.99% | 0.92x | $597.86 Million |
| CNlight Co Ltd (002076) | $405.27 Million | 3.98% | 0.40x | $340.83 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.66 Billion | 2.52% | 0.73x | $334.67 Million |
About 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