Mao Bao Inc (1732) - Net Assets
Based on the latest financial reports, Mao Bao Inc (1732) has net assets worth NT$502.69 Million TWD (≈ $15.84 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$671.41 Million ≈ $21.15 Million USD) and total liabilities (NT$168.72 Million ≈ $5.32 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 how resilient are Mao Bao Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$502.69 Million |
| % of Total Assets | 74.87% |
| 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. Also explore Mao Bao Inc (1732) total assets for the complete picture of this company's asset base.
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 |
|---|---|
|
Pardus Girisim Sermayesi Yatirim Ortakligi A.S.
IS:PRDGS
|
$34.50 Million |
|
Mospec Semiconductor Corp
TW:2434
|
$34.50 Million |
|
EURODRY LTD. DL -01
F:0LQ
|
$34.51 Million |
|
Quonia SOCIMI SA
MC:YQUO
|
$34.51 Million |
|
Diagnostic Medical Systems SA
PA:ALDMS
|
$34.50 Million |
|
Latch Inc
NASDAQ:LTCH
|
$34.49 Million |
|
TPC Mechatronics Corporation
KQ:048770
|
$34.49 Million |
|
CrystalGenomics Inc
KQ:083790
|
$34.49 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: 2.18x
- 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$25.80 | x |
| 2010-12-31 | NT$11.42 | NT$25.80 | x |
| 2011-12-31 | NT$11.81 | NT$25.80 | x |
| 2012-12-31 | NT$11.31 | NT$25.80 | x |
| 2013-12-31 | NT$10.80 | NT$25.80 | x |
| 2014-12-31 | NT$10.65 | NT$25.80 | x |
| 2015-12-31 | NT$10.41 | NT$25.80 | x |
| 2016-12-31 | NT$9.78 | NT$25.80 | x |
| 2017-12-31 | NT$9.87 | NT$25.80 | x |
| 2018-12-31 | NT$10.12 | NT$25.80 | x |
| 2019-12-31 | NT$10.70 | NT$25.80 | x |
| 2020-12-31 | NT$11.53 | NT$25.80 | x |
| 2021-12-31 | NT$11.43 | NT$25.80 | x |
| 2022-12-31 | NT$11.36 | NT$25.80 | x |
| 2023-12-31 | NT$11.24 | NT$25.80 | x |
| 2024-12-31 | NT$11.58 | NT$25.80 | x |
| 2025-12-31 | NT$11.83 | NT$25.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mao Bao Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.34%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.34x
- Recent ROE (5.83%) is above the historical average (1.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.58% | 0.63% | 0.79x | 1.17x | NT$-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: $2,668,230,111
- Average return on equity (ROE) among peers: 10.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mao Bao Inc (1732) | NT$502.69 Million | 0.58% | 0.34x | $34.50 Million |
| Farcent Enterprise Co Ltd (1730) | $1.92 Billion | 13.23% | 0.35x | $104.59 Million |
| Taiyen Biotech Co Ltd (1737) | $6.61 Billion | 2.94% | 0.05x | $200.69 Million |
| Sanitar Co Ltd (1817) | $1.80 Billion | 12.28% | 0.51x | $87.65 Million |
| Shihlin Paper Corp (1903) | $4.55 Billion | -2.69% | 0.92x | $405.13 Million |
| Jia Wei Lifestyle Inc (3557) | $1.19 Billion | -23.77% | 0.50x | $80.62 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $276.79 Million |
| Jourdeness Group Ltd (4190) | $422.64 Million | 37.79% | 4.20x | $47.29 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $742.47 Million | 7.54% | 0.68x | $59.84 Million |
| Nan Liu Enterprise Co Ltd (6504) | $2.66 Billion | 21.83% | 1.02x | $90.23 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, 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