M.J. International Co Ltd
M.J. International Co., Ltd., together with its subsidiaries, engages in the development, production, and sales of vinyl tile (LVT) floors in Europe, North America, Taiwan, China, and internationally. The company offers rigid core, LVT click, non-polyvinyl chloride, LVT dry back wood and stone design, LVT dry back carpet, and various design products for commercial and residential customers. It al… Read more
M.J. International Co Ltd (8466) - Net Assets
Latest net assets as of September 2025: NT$3.00 Billion TWD
Based on the latest financial reports, M.J. International Co Ltd (8466) has net assets worth NT$3.00 Billion 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$6.42 Billion) and total liabilities (NT$3.42 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$3.00 Billion |
| % of Total Assets | 46.7% |
| Annual Growth Rate | 5.09% |
| 5-Year Change | 8.32% |
| 10-Year Change | 59.31% |
| Growth Volatility | 14.18 |
M.J. International Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how M.J. International Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for M.J. International Co Ltd (2013–2024)
The table below shows the annual net assets of M.J. International Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.88 Billion | +17.72% |
| 2023-12-31 | NT$2.45 Billion | -6.80% |
| 2022-12-31 | NT$2.63 Billion | +6.04% |
| 2021-12-31 | NT$2.48 Billion | -6.89% |
| 2020-12-31 | NT$2.66 Billion | +1.45% |
| 2019-12-31 | NT$2.62 Billion | +7.58% |
| 2018-12-31 | NT$2.44 Billion | -5.18% |
| 2017-12-31 | NT$2.57 Billion | -2.02% |
| 2016-12-31 | NT$2.62 Billion | +45.06% |
| 2015-12-31 | NT$1.81 Billion | +3.77% |
| 2014-12-31 | NT$1.74 Billion | +4.45% |
| 2013-12-31 | NT$1.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to M.J. International Co Ltd'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 decreased by 1.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$434.72 Million | 15.09% |
| Common Stock | NT$698.26 Million | 24.24% |
| Other Comprehensive Income | NT$18.25 Million | 0.63% |
| Other Components | NT$1.73 Billion | 60.04% |
| Total Equity | NT$2.88 Billion | 100.00% |
M.J. International Co Ltd Competitors by Market Cap
The table below lists competitors of M.J. International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chiang Mai Ram Medical Business Public Company Limited
BK:CMR
|
$21.67 Million |
|
Etherstack Plc
AU:ESK
|
$21.67 Million |
|
Nippon Indosari Corpindo Tbk
JK:ROTI
|
$21.67 Million |
|
Arizona Silver Exploration Inc
OTCQB:AZASF
|
$21.67 Million |
|
India Tourism Development Corporation Limited
NSE:ITDC
|
$21.66 Million |
|
Gunung Raja Paksi
JK:GGRP
|
$21.65 Million |
|
Agung Podomoro Land Tbk
JK:APLN
|
$21.65 Million |
|
Cheuk Nang (Holdings) Limited
F:CQH3
|
$21.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M.J. International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,444,547,000 to 2,881,124,000, a change of 436,577,000 (17.9%).
- Net income of 135,185,000 contributed positively to equity growth.
- Dividend payments of 19,704,000 reduced retained earnings.
- Other comprehensive income decreased equity by 263,022,001.
- Other factors increased equity by 584,118,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$135.19 Million | +4.69% |
| Dividends Paid | NT$19.70 Million | -0.68% |
| Other Comprehensive Income | NT$-263.02 Million | -9.13% |
| Other Changes | NT$584.12 Million | +20.27% |
| Total Change | NT$- | 17.86% |
Book Value vs Market Value Analysis
This analysis compares M.J. International Co Ltd'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: 0.50x
- 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.
- The price-to-book ratio has decreased from 0.66x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$29.36 | NT$19.35 | x |
| 2014-12-31 | NT$29.30 | NT$19.35 | x |
| 2015-12-31 | NT$30.63 | NT$19.35 | x |
| 2016-12-31 | NT$43.63 | NT$19.35 | x |
| 2017-12-31 | NT$38.73 | NT$19.35 | x |
| 2018-12-31 | NT$36.67 | NT$19.35 | x |
| 2019-12-31 | NT$39.01 | NT$19.35 | x |
| 2020-12-31 | NT$39.01 | NT$19.35 | x |
| 2021-12-31 | NT$32.69 | NT$19.35 | x |
| 2022-12-31 | NT$34.70 | NT$19.35 | x |
| 2023-12-31 | NT$37.22 | NT$19.35 | x |
| 2024-12-31 | NT$39.03 | NT$19.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M.J. International Co Ltd 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): 4.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.50%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.29x
- Recent ROE (4.69%) is below the historical average (13.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 25.97% | 13.27% | 0.99x | 1.97x | NT$266.47 Million |
| 2014 | 19.56% | 8.45% | 1.27x | 1.82x | NT$166.59 Million |
| 2015 | 24.14% | 12.94% | 1.19x | 1.57x | NT$255.80 Million |
| 2016 | 21.72% | 16.23% | 0.94x | 1.43x | NT$307.47 Million |
| 2017 | 19.25% | 13.43% | 0.94x | 1.53x | NT$237.68 Million |
| 2018 | 12.74% | 10.42% | 0.79x | 1.55x | NT$66.72 Million |
| 2019 | 15.53% | 11.60% | 0.79x | 1.69x | NT$143.28 Million |
| 2020 | 10.60% | 9.68% | 0.64x | 1.71x | NT$15.75 Million |
| 2021 | 2.82% | 1.90% | 0.60x | 2.46x | NT$-174.70 Million |
| 2022 | 5.53% | 4.40% | 0.51x | 2.47x | NT$-115.84 Million |
| 2023 | -2.63% | -2.38% | 0.43x | 2.56x | NT$-308.77 Million |
| 2024 | 4.69% | 3.50% | 0.58x | 2.29x | NT$-152.93 Million |
Industry Comparison
This section compares M.J. International Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,888,458,875
- Average return on equity (ROE) among peers: 6.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M.J. International Co Ltd (8466) | NT$3.00 Billion | 25.97% | 1.14x | $21.66 Million |
| Champion Building Materials Co Ltd (1806) | $5.93 Billion | -7.17% | 0.67x | $47.43 Million |
| China Glaze Co Ltd (1809) | $1.96 Billion | 0.00% | 0.71x | $96.43 Million |
| Sunspring Metal Corp (2062) | $3.01 Billion | 19.66% | 0.75x | $66.69 Million |
| Buima Group (5543) | $695.36 Million | -9.06% | 0.56x | $13.79 Million |
| CKM Building Material (8930) | $1.46 Billion | 13.38% | 0.40x | $43.99 Million |
| Kuo Toong International Co Ltd (8936) | $822.59 Million | 13.36% | 0.82x | $367.26 Million |
| Taiwan Fu Hsing Industrial Co Ltd (9924) | $2.14 Billion | 7.43% | 0.40x | $162.62 Million |
| Globe Union Industrial Corp (9934) | $7.08 Billion | 11.32% | 1.35x | $99.14 Million |