Mister International Enterprise Corp.
Mister International Enterprise Corp. designs, develops, retails, and wholesale of ready-made clothing, footwear, and related peripheral accessories in Taiwan. It operates through online channels and physical stores. Mister International Enterprise Corp. is based in Taichung, Taiwan.
Mister International Enterprise Corp. (2941) - Net Assets
Latest net assets as of December 2024: NT$373.23 Million TWD
Based on the latest financial reports, Mister International Enterprise Corp. (2941) has net assets worth NT$373.23 Million TWD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$631.99 Million) and total liabilities (NT$258.76 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$373.23 Million |
| % of Total Assets | 59.06% |
| Annual Growth Rate | 14.98% |
| 5-Year Change | 279.88% |
| 10-Year Change | N/A |
| Growth Volatility | 41.41 |
Mister International Enterprise Corp. - Net Assets Trend (2017–2024)
This chart illustrates how Mister International Enterprise Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mister International Enterprise Corp. (2017–2024)
The table below shows the annual net assets of Mister International Enterprise Corp. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$373.23 Million | +49.96% |
| 2023-12-31 | NT$248.88 Million | +6.95% |
| 2022-12-31 | NT$232.72 Million | +22.74% |
| 2021-12-31 | NT$189.60 Million | +92.98% |
| 2020-12-31 | NT$98.25 Million | +43.84% |
| 2019-12-31 | NT$68.31 Million | -23.43% |
| 2018-12-31 | NT$89.21 Million | -36.47% |
| 2017-12-31 | NT$140.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mister International Enterprise Corp.'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 9424400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$56.69 Million | 15.19% |
| Common Stock | NT$153.90 Million | 41.23% |
| Other Components | NT$162.64 Million | 43.58% |
| Total Equity | NT$373.23 Million | 100.00% |
Mister International Enterprise Corp. Competitors by Market Cap
The table below lists competitors of Mister International Enterprise Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Synairgen plc
PINK:SYGGF
|
$11.03K |
|
Yakkyo S.P.A.
F:IA4
|
$11.03K |
|
Hanoi Beer Trading JSC
VN:HAT
|
$11.04K |
|
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
|
$11.04K |
|
Dream Impact Trust
TO:MPCT-UN
|
$11.01K |
|
Good Energy Group PLC
LSE:GOOD
|
$11.01K |
|
Caelum Co. Ltd.
KO:258610
|
$10.99K |
|
DOWNING RNW.+INFR.TR.-01
F:8V0
|
$10.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mister International Enterprise Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 248,883,000 to 373,228,000, a change of 124,345,000 (50.0%).
- Net income of 49,899,000 contributed positively to equity growth.
- Dividend payments of 48,965,000 reduced retained earnings.
- New share issuances of 122,202,000 increased equity.
- Other comprehensive income decreased equity by 5,371,000.
- Other factors increased equity by 6,580,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$49.90 Million | +13.37% |
| Dividends Paid | NT$48.97 Million | -13.12% |
| Share Issuances | NT$122.20 Million | +32.74% |
| Other Comprehensive Income | NT$-5.37 Million | -1.44% |
| Other Changes | NT$6.58 Million | +1.76% |
| Total Change | NT$- | 49.96% |
Book Value vs Market Value Analysis
This analysis compares Mister International Enterprise Corp.'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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.30x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$11.65 | NT$38.50 | x |
| 2018-12-31 | NT$6.83 | NT$38.50 | x |
| 2019-12-31 | NT$5.26 | NT$38.50 | x |
| 2020-12-31 | NT$7.61 | NT$38.50 | x |
| 2021-12-31 | NT$14.33 | NT$38.50 | x |
| 2022-12-31 | NT$16.62 | NT$38.50 | x |
| 2023-12-31 | NT$17.80 | NT$38.50 | x |
| 2024-12-31 | NT$24.12 | NT$38.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mister International Enterprise Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.07%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.69x
- Recent ROE (13.37%) is above the historical average (-1.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -27.29% | -12.96% | 1.52x | 1.39x | NT$-52.36 Million |
| 2018 | -60.62% | -22.94% | 1.57x | 1.69x | NT$-61.69 Million |
| 2019 | -28.41% | -10.10% | 1.27x | 2.21x | NT$-25.85 Million |
| 2020 | 31.38% | 11.25% | 1.36x | 2.04x | NT$20.80 Million |
| 2021 | 19.52% | 10.20% | 1.20x | 1.59x | NT$18.05 Million |
| 2022 | 18.56% | 8.53% | 1.34x | 1.63x | NT$19.91 Million |
| 2023 | 23.37% | 7.82% | 1.67x | 1.79x | NT$33.29 Million |
| 2024 | 13.37% | 6.07% | 1.30x | 1.69x | NT$12.58 Million |
Industry Comparison
This section compares Mister International Enterprise Corp.'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $2,219,464,800
- Average return on equity (ROE) among peers: -3.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mister International Enterprise Corp. (2941) | NT$373.23 Million | -27.29% | 0.69x | $11.02K |
| H.H.Galaxy Co., Ltd. (2949) | $763.64 Million | 16.82% | 1.37x | $25.64 Million |
| PChome Online (8044) | $719.17 Million | -27.62% | 1.58x | $83.38 Million |
| momo.com Inc (8454) | $8.85 Billion | 37.07% | 1.60x | $486.27 Million |
| GOMAJI Corp. LTD (8472) | $363.53 Million | -14.26% | 2.25x | $14.64 Million |
| Kuobrothers (8477) | $401.98 Million | -31.71% | 0.35x | $8.92 Million |