Mao Bao Inc (1732) - Net Assets
Based on the latest financial reports, Mao Bao Inc (1732) has net assets worth NT$493.74 Million TWD (≈ $15.56 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 (NT$676.81 Million ≈ $21.32 Million USD) and total liabilities (NT$183.07 Million ≈ $5.77 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 Mao Bao Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$493.74 Million |
| % of Total Assets | 72.95% |
| Annual Growth Rate | 0.37% |
| 5-Year Change | 3.47% |
| 10-Year Change | 21.04% |
| Growth Volatility | 4.01 |
Mao Bao Inc - Net Assets Trend (2002–2025)
This chart illustrates how Mao Bao Inc's net assets have evolved over time, based on quarterly financial data. See 1732 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mao Bao Inc (2002–2025)
The table below shows the annual net assets of Mao Bao Inc from 2002 to 2025. For live valuation and market cap data, see 1732 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$502.69 Million ≈ $15.84 Million |
+1.81% |
| 2024-12-31 | NT$493.77 Million ≈ $15.56 Million |
+3.54% |
| 2023-12-31 | NT$476.88 Million ≈ $15.02 Million |
-1.12% |
| 2022-12-31 | NT$482.27 Million ≈ $15.19 Million |
-0.74% |
| 2021-12-31 | NT$485.85 Million ≈ $15.31 Million |
-0.95% |
| 2020-12-31 | NT$490.52 Million ≈ $15.45 Million |
+8.03% |
| 2019-12-31 | NT$454.06 Million ≈ $14.31 Million |
+5.71% |
| 2018-12-31 | NT$429.55 Million ≈ $13.53 Million |
+2.58% |
| 2017-12-31 | NT$418.75 Million ≈ $13.19 Million |
+0.83% |
| 2016-12-31 | NT$415.31 Million ≈ $13.08 Million |
-6.03% |
| 2015-12-31 | NT$441.96 Million ≈ $13.92 Million |
-2.20% |
| 2014-12-31 | NT$451.92 Million ≈ $14.24 Million |
-1.40% |
| 2013-12-31 | NT$458.33 Million ≈ $14.44 Million |
-4.49% |
| 2012-12-31 | NT$479.87 Million ≈ $15.12 Million |
-4.24% |
| 2011-12-31 | NT$501.11 Million ≈ $15.79 Million |
+3.41% |
| 2010-12-31 | NT$484.56 Million ≈ $15.27 Million |
-2.33% |
| 2009-12-31 | NT$496.14 Million ≈ $15.63 Million |
+6.32% |
| 2008-12-31 | NT$466.64 Million ≈ $14.70 Million |
-3.79% |
| 2007-12-31 | NT$485.00 Million ≈ $15.28 Million |
+4.48% |
| 2006-12-31 | NT$464.20 Million ≈ $14.62 Million |
+6.09% |
| 2005-12-31 | NT$437.54 Million ≈ $13.78 Million |
+1.29% |
| 2004-12-31 | NT$431.96 Million ≈ $13.61 Million |
-6.37% |
| 2003-12-31 | NT$461.37 Million ≈ $14.54 Million |
-0.01% |
| 2002-12-31 | NT$461.40 Million ≈ $14.54 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 66.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$36.70 Million | 7.30% |
| Common Stock | NT$424.44 Million | 84.43% |
| Other Components | NT$41.55 Million | 8.27% |
| Total Equity | NT$502.69 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 |
|---|---|
|
Retail Food Group Ltd
AU:RFG
|
$35.11 Million |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
$35.12 Million |
|
WINSON Machinery Co Ltd
TWO:4538
|
$35.13 Million |
|
City Of London Investment Trust
LSE:CTY
|
$35.14 Million |
|
ABVC Biopharma Inc
NASDAQ:ABVC
|
$35.10 Million |
|
Gabriel Resources Ltd
V:GBU
|
$35.09 Million |
|
MERUS POWER OYJ EO 1
F:99H
|
$35.09 Million |
|
Farm Pride Foods Ltd
AU:FRM
|
$35.07 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 2024 to 2025, total equity changed from 493,773,000 to 502,689,000, a change of 8,916,000 (1.8%).
- Net income of 29,327,000 contributed positively to equity growth.
- Dividend payments of 21,222,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$29.33 Million | +5.83% |
| Dividends Paid | NT$21.22 Million | -4.22% |
| Other Changes | NT$811.00K | +0.16% |
| Total Change | NT$- | 1.81% |
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: 2.22x
- 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$26.25 | x |
| 2010-12-31 | NT$11.42 | NT$26.25 | x |
| 2011-12-31 | NT$11.81 | NT$26.25 | x |
| 2012-12-31 | NT$11.31 | NT$26.25 | x |
| 2013-12-31 | NT$10.80 | NT$26.25 | x |
| 2014-12-31 | NT$10.65 | NT$26.25 | x |
| 2015-12-31 | NT$10.41 | NT$26.25 | x |
| 2016-12-31 | NT$9.78 | NT$26.25 | x |
| 2017-12-31 | NT$9.87 | NT$26.25 | x |
| 2018-12-31 | NT$10.12 | NT$26.25 | x |
| 2019-12-31 | NT$10.70 | NT$26.25 | x |
| 2020-12-31 | NT$11.53 | NT$26.25 | x |
| 2021-12-31 | NT$11.43 | NT$26.25 | x |
| 2022-12-31 | NT$11.36 | NT$26.25 | x |
| 2023-12-31 | NT$11.24 | NT$26.25 | x |
| 2024-12-31 | NT$11.58 | NT$26.25 | x |
| 2025-12-31 | NT$11.83 | NT$26.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mao Bao Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.34%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.34x
- Recent ROE (5.83%) is above the historical average (1.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.58% | 0.63% | 0.79x | 1.17x | NT$-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 |
| 2025 | 5.83% | 4.34% | 1.01x | 1.34x | NT$-20.94 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: $2,214,957,444
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mao Bao Inc (1732) | NT$493.74 Million | 0.58% | 0.37x | $35.10 Million |
| Farcent Enterprise Co Ltd (1730) | $644.92 Million | 0.00% | 0.35x | $105.59 Million |
| Taiyen Biotech Co Ltd (1737) | $6.96 Billion | 4.92% | 0.07x | $200.06 Million |
| Sanitar Co Ltd (1817) | $2.29 Billion | 11.50% | 0.28x | $92.52 Million |
| Shihlin Paper Corp (1903) | $4.64 Billion | -0.71% | 0.77x | $392.02 Million |
| Jia Wei Lifestyle Inc (3557) | $2.48 Billion | 0.03% | 1.61x | $69.73 Million |
| Chlitina Holding Ltd (4137) | $447.20 Million | 0.00% | 2.34x | $284.59 Million |
| Jourdeness Group Ltd (4190) | $422.64 Million | 37.79% | 4.20x | $46.26 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $1.26 Billion | 5.83% | 0.13x | $59.38 Million |
| Nan Liu Enterprise Co Ltd (6504) | $784.62 Million | 6.05% | 2.14x | $82.80 Million |
About 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, ball, cold water wash, fabric softener, laundry sanitizer; tableware cleaning products, including dishwashing liquid, kitchen cleaner powder; kitchen cleaning products comprising kitchen cleaner, all-purpose cleaner; bathroom cleaning products, such … Read more