Mao Bao Inc
Mao Bao Inc. manufactures and sells household and personal care products in Taiwan. The company offers laundry cleaning products, such as detergent, delicates, softeners, stain removers, and bleach products, as well as washing machine cleaners; home care products, including floor cleaners, botanical floor cleaners, all-purpose cleaners, natural surface disinfecting cleaners, and glass cleaner spr… Read more
Mao Bao Inc (1732) - Net Assets
Latest net assets as of September 2025: NT$487.41 Million TWD
Based on the latest financial reports, Mao Bao Inc (1732) has net assets worth NT$487.41 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$647.29 Million) and total liabilities (NT$159.88 Million). 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$487.41 Million |
| % of Total Assets | 75.3% |
| Annual Growth Rate | 0.31% |
| 5-Year Change | 0.66% |
| 10-Year Change | 11.72% |
| Growth Volatility | 4.09 |
Mao Bao Inc - Net Assets Trend (2002–2024)
This chart illustrates how Mao Bao Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mao Bao Inc (2002–2024)
The table below shows the annual net assets of Mao Bao Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$493.77 Million | +3.54% |
| 2023-12-31 | NT$476.88 Million | -1.12% |
| 2022-12-31 | NT$482.27 Million | -0.74% |
| 2021-12-31 | NT$485.85 Million | -0.95% |
| 2020-12-31 | NT$490.52 Million | +8.03% |
| 2019-12-31 | NT$454.06 Million | +5.71% |
| 2018-12-31 | NT$429.55 Million | +2.58% |
| 2017-12-31 | NT$418.75 Million | +0.83% |
| 2016-12-31 | NT$415.31 Million | -6.03% |
| 2015-12-31 | NT$441.96 Million | -2.20% |
| 2014-12-31 | NT$451.92 Million | -1.40% |
| 2013-12-31 | NT$458.33 Million | -4.49% |
| 2012-12-31 | NT$479.87 Million | -4.24% |
| 2011-12-31 | NT$501.11 Million | +3.41% |
| 2010-12-31 | NT$484.56 Million | -2.33% |
| 2009-12-31 | NT$496.14 Million | +6.32% |
| 2008-12-31 | NT$466.64 Million | -3.79% |
| 2007-12-31 | NT$485.00 Million | +4.48% |
| 2006-12-31 | NT$464.20 Million | +6.09% |
| 2005-12-31 | NT$437.54 Million | +1.29% |
| 2004-12-31 | NT$431.96 Million | -6.37% |
| 2003-12-31 | NT$461.37 Million | -0.01% |
| 2002-12-31 | NT$461.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mao Bao 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 17.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$26.01 Million | 5.27% |
| Common Stock | NT$424.44 Million | 85.96% |
| Other Components | NT$43.33 Million | 8.77% |
| Total Equity | NT$493.77 Million | 100.00% |
Mao Bao Inc Competitors by Market Cap
The table below lists competitors of Mao Bao Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nurminen Logistics Oyj
HE:NLG1V
|
$15.99 Million |
|
Power Solution Technologies Public Company Limited
BK:PSTC
|
$15.99 Million |
|
I-Berhad
KLSE:4251
|
$16.00 Million |
|
Classic Scenic Bhd
KLSE:7202
|
$16.01 Million |
|
Agat Ejendomme A/S
CO:AGAT
|
$15.99 Million |
|
Bank Mayapada Internasional
JK:MAYA
|
$15.99 Million |
|
Acula Technology
TWO:3434
|
$15.98 Million |
|
FERRO-ALLOY RES.
F:5PE
|
$15.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mao Bao Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 476,885,000 to 493,773,000, a change of 16,888,000 (3.5%).
- Net income of 12,619,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 37,126,999.
- Other factors increased equity by 41,395,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$12.62 Million | +2.56% |
| Other Comprehensive Income | NT$-37.13 Million | -7.52% |
| Other Changes | NT$41.40 Million | +8.38% |
| Total Change | NT$- | 3.54% |
Book Value vs Market Value Analysis
This analysis compares Mao Bao 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: 2.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.69 | NT$26.35 | x |
| 2010-12-31 | NT$11.42 | NT$26.35 | x |
| 2011-12-31 | NT$11.81 | NT$26.35 | x |
| 2012-12-31 | NT$11.31 | NT$26.35 | x |
| 2013-12-31 | NT$10.80 | NT$26.35 | x |
| 2014-12-31 | NT$10.65 | NT$26.35 | x |
| 2015-12-31 | NT$10.41 | NT$26.35 | x |
| 2016-12-31 | NT$9.78 | NT$26.35 | x |
| 2017-12-31 | NT$9.87 | NT$26.35 | x |
| 2018-12-31 | NT$10.12 | NT$26.35 | x |
| 2019-12-31 | NT$10.70 | NT$26.35 | x |
| 2020-12-31 | NT$11.53 | NT$26.35 | x |
| 2021-12-31 | NT$11.43 | NT$26.35 | x |
| 2022-12-31 | NT$11.36 | NT$26.35 | x |
| 2023-12-31 | NT$11.24 | NT$26.35 | x |
| 2024-12-31 | NT$11.58 | NT$26.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mao Bao Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.13%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.33x
- Recent ROE (2.56%) is above the historical average (1.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.58% | 0.63% | 0.79x | 1.17x | NT$-43.47 Million |
| 2003 | 0.04% | 0.04% | 0.90x | 1.20x | NT$-45.93 Million |
| 2006 | 5.44% | 4.32% | 0.98x | 1.28x | NT$-21.15 Million |
| 2007 | 4.49% | 3.32% | 1.03x | 1.31x | NT$-26.74 Million |
| 2008 | 1.32% | 0.89% | 1.13x | 1.32x | NT$-40.49 Million |
| 2009 | 6.96% | 5.20% | 1.04x | 1.28x | NT$-15.08 Million |
| 2010 | 4.84% | 3.26% | 1.10x | 1.35x | NT$-25.02 Million |
| 2011 | 2.78% | 1.94% | 1.06x | 1.36x | NT$-36.16 Million |
| 2012 | -0.11% | -0.08% | 1.05x | 1.32x | NT$-48.52 Million |
| 2013 | -1.96% | -1.56% | 0.93x | 1.36x | NT$-54.83 Million |
| 2014 | -2.27% | -1.77% | 0.96x | 1.33x | NT$-55.43 Million |
| 2015 | -1.88% | -1.39% | 1.01x | 1.34x | NT$-52.49 Million |
| 2016 | -5.83% | -4.42% | 0.92x | 1.44x | NT$-65.74 Million |
| 2017 | 1.73% | 1.22% | 1.05x | 1.35x | NT$-34.64 Million |
| 2018 | 1.61% | 1.23% | 0.99x | 1.33x | NT$-36.03 Million |
| 2019 | 5.47% | 4.17% | 1.00x | 1.31x | NT$-20.55 Million |
| 2020 | 7.87% | 6.22% | 0.95x | 1.33x | NT$-10.46 Million |
| 2021 | 3.99% | 3.13% | 0.92x | 1.38x | NT$-29.18 Million |
| 2022 | 1.07% | 0.88% | 0.90x | 1.36x | NT$-43.06 Million |
| 2023 | -1.27% | -1.09% | 0.85x | 1.37x | NT$-53.75 Million |
| 2024 | 2.56% | 2.13% | 0.90x | 1.33x | NT$-36.76 Million |
Industry Comparison
This section compares Mao Bao Inc's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $2,415,699,000
- Average return on equity (ROE) among peers: 4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mao Bao Inc (1732) | NT$487.41 Million | 0.58% | 0.33x | $15.99 Million |
| Farcent Enterprise Co Ltd (1730) | $1.11 Billion | 10.36% | 0.53x | $50.96 Million |
| Taiyen Biotech Co Ltd (1737) | $6.57 Billion | 3.19% | 0.05x | $103.31 Million |
| Sanitar Co Ltd (1817) | $1.49 Billion | 15.47% | 0.23x | $56.41 Million |
| Shihlin Paper Corp (1903) | $4.58 Billion | 0.00% | 0.72x | $268.57 Million |
| Jia Wei Lifestyle Inc (3557) | $778.16 Million | -13.00% | 0.45x | $39.15 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $176.21 Million |
| Jourdeness Group Ltd (4190) | $1.77 Billion | -16.49% | 3.17x | $20.26 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $398.69 Million | -4.73% | 0.12x | $39.19 Million |
| Nan Liu Enterprise Co Ltd (6504) | $929.70 Million | 15.00% | 2.02x | $37.29 Million |