Millerful No. 1 REIT
Millerful No. 1 REIT operates in various business sectors.
Millerful No. 1 REIT (01010T) - Net Assets
Latest net assets as of June 2023: NT$17.26 Billion TWD
Based on the latest financial reports, Millerful No. 1 REIT (01010T) has net assets worth NT$17.26 Billion TWD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$22.58 Billion) and total liabilities (NT$5.31 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 | NT$17.26 Billion |
| % of Total Assets | 76.47% |
| Annual Growth Rate | 13.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.75 |
Millerful No. 1 REIT - Net Assets Trend (2018–2022)
This chart illustrates how Millerful No. 1 REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Millerful No. 1 REIT (2018–2022)
The table below shows the annual net assets of Millerful No. 1 REIT from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | NT$17.22 Billion | +0.48% |
| 2021-12-31 | NT$17.14 Billion | +56.39% |
| 2020-12-31 | NT$10.96 Billion | +1.46% |
| 2019-12-31 | NT$10.80 Billion | +2.79% |
| 2018-12-31 | NT$10.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Millerful No. 1 REIT'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 37153246800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$299.09 Million | 1.74% |
| Other Components | NT$16.92 Billion | 98.26% |
| Total Equity | NT$17.22 Billion | 100.00% |
Millerful No. 1 REIT Competitors by Market Cap
The table below lists competitors of Millerful No. 1 REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clone Algo Technologies Inc
PINK:CATI
|
$2.93K |
|
G3 Exploration Ltd
STU:G3J
|
$2.93K |
|
4SC - Dusseldorf Stock Exchang
DU:VSC
|
$2.93K |
|
Techcom Vietnam REIT Fund
VN:FUCVREIT
|
$2.94K |
|
Sweden BuyersClub AB
ST:BUY
|
$2.92K |
|
Faysal Bank Ltd
KAR:FABL
|
$2.92K |
|
GeneThera Inc
PINK:GTHR
|
$2.92K |
|
Ondo InsurTech PLC
LSE:ONDO
|
$2.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millerful No. 1 REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 17,142,037,654 to 17,223,601,433, a change of 81,563,779 (0.5%).
- Net income of 613,014,885 contributed positively to equity growth.
- Other factors decreased equity by 531,451,106.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$613.01 Million | +3.56% |
| Other Changes | NT$-531.45 Million | -3.09% |
| Total Change | NT$- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Millerful No. 1 REIT'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: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$10.36 | NT$10.00 | x |
| 2021-12-31 | NT$10.34 | NT$10.00 | x |
| 2022-12-31 | NT$10.39 | NT$10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millerful No. 1 REIT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 74.03%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.31x
- Recent ROE (3.56%) is above the historical average (3.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.85% | 79.44% | 0.03x | 1.45x | NT$-664.66 Million |
| 2020 | 4.17% | 74.62% | 0.04x | 1.49x | NT$-638.94 Million |
| 2021 | 2.32% | 69.42% | 0.03x | 1.32x | NT$-1.32 Billion |
| 2022 | 3.56% | 74.03% | 0.04x | 1.31x | NT$-1.11 Billion |
Industry Comparison
This section compares Millerful No. 1 REIT's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.