MEGA International Development Co Ltd
MEGA International Development Co.,Ltd. engages in the construction and sale of real estate in Taiwan. It is involved in the hotel and decoration businesses. The company was formerly known as Magic Information Display Technology Corp. and changed its name to MEGA International Development Co.,Ltd. in June 2006. MEGA International Development Co.,Ltd. was incorporated in 1970 and is based in Taipe… Read more
MEGA International Development Co Ltd (5529) - Net Assets
Latest net assets as of September 2025: NT$1.20 Billion TWD
Based on the latest financial reports, MEGA International Development Co Ltd (5529) has net assets worth NT$1.20 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$5.13 Billion) and total liabilities (NT$3.93 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$1.20 Billion |
| % of Total Assets | 23.45% |
| Annual Growth Rate | 16.82% |
| 5-Year Change | 137.79% |
| 10-Year Change | 13.31% |
| Growth Volatility | 129.44 |
MEGA International Development Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how MEGA International Development 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 MEGA International Development Co Ltd (2002–2024)
The table below shows the annual net assets of MEGA International Development Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.28 Billion | +58.69% |
| 2023-12-31 | NT$804.65 Million | -7.74% |
| 2022-12-31 | NT$872.17 Million | -9.15% |
| 2021-12-31 | NT$960.01 Million | +78.77% |
| 2020-12-31 | NT$537.00 Million | -20.42% |
| 2019-12-31 | NT$674.78 Million | -3.50% |
| 2018-12-31 | NT$699.28 Million | -18.09% |
| 2017-12-31 | NT$853.71 Million | -13.13% |
| 2016-12-31 | NT$982.71 Million | -12.80% |
| 2015-12-31 | NT$1.13 Billion | -8.00% |
| 2014-12-31 | NT$1.22 Billion | -7.00% |
| 2013-12-31 | NT$1.32 Billion | -1.78% |
| 2012-12-31 | NT$1.34 Billion | +149.86% |
| 2011-12-31 | NT$536.63 Million | -14.18% |
| 2010-12-31 | NT$625.29 Million | -9.10% |
| 2009-12-31 | NT$687.90 Million | +2.15% |
| 2008-12-31 | NT$673.40 Million | +13.18% |
| 2007-12-31 | NT$594.99 Million | -3.14% |
| 2006-12-31 | NT$614.29 Million | -8.31% |
| 2005-12-31 | NT$669.94 Million | +11.82% |
| 2004-12-31 | NT$599.12 Million | +598.95% |
| 2003-12-31 | NT$85.72 Million | +105.43% |
| 2002-12-31 | NT$41.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MEGA International Development 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 16116500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.44 Billion | 112.62% |
| Total Equity | NT$1.28 Billion | 100.00% |
MEGA International Development Co Ltd Competitors by Market Cap
The table below lists competitors of MEGA International Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Theralase Technologies Inc.
OTCQB:TLTFF
|
$33.52 Million |
|
AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS
IS:AVOD
|
$33.52 Million |
|
Ditas Dogan Yedek Parca Imalat ve Teknik AS
IS:DITAS
|
$33.55 Million |
|
Safety Shot Inc
NASDAQ:SHOT
|
$33.57 Million |
|
RenovoRx Inc
NASDAQ:RNXT
|
$33.49 Million |
|
Test Rite International Co Ltd
TW:2908
|
$33.48 Million |
|
Foodnamoo. Inc
KQ:290720
|
$33.47 Million |
|
Mithril Silver and Gold Ltd
AU:MTH
|
$33.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MEGA International Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 804,652,000 to 1,276,924,000, a change of 472,272,000 (58.7%).
- Net loss of 81,797,000 reduced equity.
- New share issuances of 554,069,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-81.80 Million | -6.41% |
| Share Issuances | NT$554.07 Million | +43.39% |
| Total Change | NT$- | 58.69% |
Book Value vs Market Value Analysis
This analysis compares MEGA International Development 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: 2.06x
- 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 2.32x to 2.06x 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$11.14 | NT$25.80 | x |
| 2018-12-31 | NT$9.38 | NT$25.80 | x |
| 2019-12-31 | NT$7.58 | NT$25.80 | x |
| 2020-12-31 | NT$10.34 | NT$25.80 | x |
| 2021-12-31 | NT$14.34 | NT$25.80 | x |
| 2022-12-31 | NT$12.67 | NT$25.80 | x |
| 2023-12-31 | NT$11.69 | NT$25.80 | x |
| 2024-12-31 | NT$12.54 | NT$25.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MEGA International Development 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): -6.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -102.25%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 3.60x
- Recent ROE (-6.41%) is below the historical average (-0.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 39.13% | 28.08% | 0.22x | 6.30x | NT$37.86 Million |
| 2004 | 9.44% | 12.23% | 0.26x | 2.99x | NT$-3.37 Million |
| 2005 | 19.98% | 25.62% | 0.31x | 2.54x | NT$66.88 Million |
| 2008 | 11.64% | 8.45% | 0.52x | 2.63x | NT$11.07 Million |
| 2009 | 2.33% | 2.13% | 0.61x | 1.78x | NT$-52.78 Million |
| 2012 | 59.98% | 45.97% | 0.86x | 1.51x | NT$670.09 Million |
| 2013 | 5.20% | 11.30% | 0.22x | 2.06x | NT$-63.27 Million |
| 2015 | -7.75% | -395.46% | 0.01x | 2.58x | NT$-200.07 Million |
| 2016 | -14.67% | -110.75% | 0.04x | 3.34x | NT$-242.42 Million |
| 2017 | -18.91% | -20.44% | 0.24x | 3.81x | NT$-238.90 Million |
| 2018 | -20.42% | -71.42% | 0.08x | 3.75x | NT$-211.72 Million |
| 2019 | -22.80% | -9.98% | 1.11x | 2.05x | NT$-219.91 Million |
| 2020 | -24.81% | -46.79% | 0.26x | 2.05x | NT$-186.94 Million |
| 2021 | -12.19% | -250.15% | 0.03x | 1.59x | NT$-212.99 Million |
| 2022 | -10.07% | -54.20% | 0.05x | 3.65x | NT$-175.06 Million |
| 2023 | -9.86% | -53.89% | 0.04x | 4.54x | NT$-159.83 Million |
| 2024 | -6.41% | -102.25% | 0.02x | 3.60x | NT$-209.49 Million |
Industry Comparison
This section compares MEGA International Development Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,990,713,900
- Average return on equity (ROE) among peers: -65.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MEGA International Development Co Ltd (5529) | NT$1.20 Billion | 39.13% | 3.26x | $33.50 Million |
| Sun Yad Construction Co Ltd (1316) | $1.93 Billion | -6.34% | 1.17x | $117.33 Million |
| GTM Holdings Corp (1437) | $6.52 Billion | 13.53% | 0.69x | $109.36 Million |
| I-Hwa Industrial Co Ltd (1456) | $833.62 Million | 4.06% | 3.30x | $7.34 Million |
| Hiyes International Co Ltd (2348) | $21.69 Million | -733.63% | 20.10x | $131.87 Million |
| Chainqui Construction Development Co Ltd (2509) | $3.33 Billion | 0.89% | 1.40x | $52.01 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $6.22 Billion | 5.30% | 1.57x | $138.73 Million |
| Crowell Development Corp (2528) | $869.07 Million | 0.00% | 3.81x | $195.31 Million |
| JSL Construction & Development Co Ltd (2540) | $104.09 Million | 44.57% | 4.44x | $375.53 Million |
| Wanhwa Enterprise Co (2701) | $4.94 Billion | 7.34% | 0.16x | $33.91 Million |
| First Hotel Co Ltd (2706) | $5.14 Billion | 6.29% | 0.21x | $50.63 Million |