Mengtian Home Group Inc. (603216) - Net Assets
Based on the latest financial reports, Mengtian Home Group Inc. (603216) has net assets worth CN¥1.79 Billion CNY (≈ $261.49 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.17 Billion ≈ $317.72 Million USD) and total liabilities (CN¥384.28 Million ≈ $56.23 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. See Mengtian Home Group Inc. balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.79 Billion |
| % of Total Assets | 82.3% |
| Annual Growth Rate | 25.41% |
| 5-Year Change | 13.72% |
| 10-Year Change | N/A |
| Growth Volatility | 58.77 |
Mengtian Home Group Inc. - Net Assets Trend (2019–2025)
This chart illustrates how Mengtian Home Group Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603216 market cap overview.
Annual Net Assets for Mengtian Home Group Inc. (2019–2025)
The table below shows the annual net assets of Mengtian Home Group Inc. from 2019 to 2025. Also explore 603216 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.80 Billion ≈ $263.40 Million |
+1.14% |
| 2024-12-31 | CN¥1.78 Billion ≈ $260.44 Million |
-0.31% |
| 2023-12-31 | CN¥1.79 Billion ≈ $261.25 Million |
+0.67% |
| 2022-12-31 | CN¥1.77 Billion ≈ $259.50 Million |
+12.03% |
| 2021-12-31 | CN¥1.58 Billion ≈ $231.63 Million |
+163.82% |
| 2020-12-31 | CN¥600.00 Million ≈ $87.80 Million |
+29.75% |
| 2019-12-31 | CN¥462.45 Million ≈ $67.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mengtian Home Group Inc.'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 210.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥594.55 Million | 33.03% |
| Other Components | CN¥1.21 Billion | 66.97% |
| Total Equity | CN¥1.80 Billion | 100.00% |
Mengtian Home Group Inc. Competitors by Market Cap
The table below lists competitors of Mengtian Home Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028
|
$716.25 Million |
|
ChengDa Pharmaceuticals Co. Ltd.
SHE:301201
|
$716.31 Million |
|
Platzer Fastigheter Holding AB (publ)
ST:PLAZ-B
|
$716.45 Million |
|
Media and Games Invest PLC
XETRA:M8G
|
$716.45 Million |
|
Sparebank 1 Ringerike Hadeland
OL:RING
|
$716.17 Million |
|
DBV Technologies S.A.
PA:DBV
|
$716.13 Million |
|
Shenzhen Liande Automatic Equipment Co Ltd
SHE:300545
|
$715.92 Million |
|
Empire State Realty Trust Inc
NYSE:ESRT
|
$715.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mengtian Home Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,779,766,149 to 1,800,038,237, a change of 20,272,089 (1.1%).
- Net income of 64,810,089 contributed positively to equity growth.
- Dividend payments of 44,538,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥64.81 Million | +3.6% |
| Dividends Paid | CN¥44.54 Million | -2.47% |
| Other Changes | CN¥-0.00 | -0.0% |
| Total Change | CN¥- | 1.14% |
Book Value vs Market Value Analysis
This analysis compares Mengtian Home Group Inc.'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: 2.72x
- 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 7.89x to 2.72x 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¥2.78 | CN¥21.98 | x |
| 2020-12-31 | CN¥3.61 | CN¥21.98 | x |
| 2021-12-31 | CN¥7.15 | CN¥21.98 | x |
| 2022-12-31 | CN¥7.91 | CN¥21.98 | x |
| 2023-12-31 | CN¥7.97 | CN¥21.98 | x |
| 2024-12-31 | CN¥7.99 | CN¥21.98 | x |
| 2025-12-31 | CN¥8.08 | CN¥21.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mengtian Home Group Inc. 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): 3.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.29x
- Recent ROE (3.60%) is below the historical average (15.08%), 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 | 40.65% | 13.94% | 1.21x | 2.42x | CN¥141.68 Million |
| 2020 | 28.50% | 13.94% | 0.93x | 2.21x | CN¥110.97 Million |
| 2021 | 11.56% | 12.04% | 0.67x | 1.43x | CN¥24.69 Million |
| 2022 | 12.43% | 15.86% | 0.60x | 1.30x | CN¥43.05 Million |
| 2023 | 5.36% | 7.27% | 0.54x | 1.36x | CN¥-82.80 Million |
| 2024 | 3.44% | 5.49% | 0.49x | 1.29x | CN¥-116.72 Million |
| 2025 | 3.60% | 5.98% | 0.47x | 1.29x | CN¥-115.19 Million |
Industry Comparison
This section compares Mengtian Home Group Inc.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $3,295,367,236
- Average return on equity (ROE) among peers: 11.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mengtian Home Group Inc. (603216) | CN¥1.79 Billion | 40.65% | 0.22x | $716.25 Million |
| Midea Group Co Ltd (000333) | $8.57 Billion | 16.79% | 2.20x | $88.70 Billion |
| Changhong Meiling Co Ltd (000521) | $1.35 Billion | 8.75% | 0.73x | $562.55 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $3.15 Billion | 21.99% | 4.08x | $31.39 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $12.48 Billion | 14.37% | 1.72x | $3.80 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $326.76 Million |
| Elec-Tech International Co Ltd (002005) | $740.90 Million | 6.21% | 1.06x | $620.57 Million |
| Zhejiang Supor Co Ltd (002032) | $2.16 Billion | 10.94% | 0.23x | $4.68 Billion |
| Vatti Corp Ltd (002035) | $1.79 Billion | 18.25% | 1.00x | $558.17 Million |
| CNlight Co Ltd (002076) | $1.00 Billion | 5.66% | 0.43x | $331.09 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $836.95 Million | 8.85% | 0.93x | $484.98 Million |
About Mengtian Home Group Inc.
Mengtian Home Group Inc. designs, develops, produces, and sells customized wooden furniture in China. The company products include wooden doors, wall panels, and cabinets. It also offers home furnishing and furniture products under Mengtian brand name. The company was incorporated in 2003 and is based in Jiaxing, China. Mengtian Home Group Inc. operates as a subsidiary of Zhejiang Mengtian Holdin… Read more