Mikobeaute International Co., Ltd.
Mikobeaute International Co., Ltd. engages in the wholesale and retail of cosmetics in Taiwan. The company sells its products under the EDN, NU+ derma, L'HERBOFLORE, and MIKOBEAUTÉ SPA brands. Mikobeaute International Co., Ltd. was incorporated in 2002 and is based in Taipei, Taiwan.
Mikobeaute International Co., Ltd. (6574) - Net Assets
Latest net assets as of September 2025: NT$767.25 Million TWD
Based on the latest financial reports, Mikobeaute International Co., Ltd. (6574) has net assets worth NT$767.25 Million 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$1.02 Billion) and total liabilities (NT$257.70 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$767.25 Million |
| % of Total Assets | 74.86% |
| Annual Growth Rate | 2.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.97 |
Mikobeaute International Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Mikobeaute 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 Mikobeaute International Co., Ltd. (2021–2024)
The table below shows the annual net assets of Mikobeaute International Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$669.97 Million | +4.49% |
| 2023-12-31 | NT$641.16 Million | -4.74% |
| 2022-12-31 | NT$673.04 Million | +6.76% |
| 2021-12-31 | NT$630.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mikobeaute 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 grown by 132.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$196.42 Million | 29.32% |
| Other Components | NT$473.55 Million | 70.68% |
| Total Equity | NT$669.97 Million | 100.00% |
Mikobeaute International Co., Ltd. Competitors by Market Cap
The table below lists competitors of Mikobeaute International Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MIG Holdings S.A.
F:M3K0
|
$12.47 Million |
|
Kronox Lab Sciences Ltd
NSE:KRONOX
|
$12.47 Million |
|
SAF Tehnika A/S
F:VTZ
|
$12.47 Million |
|
Zignsec AB
ST:ZIGN
|
$12.47 Million |
|
Garuda Indonesia Persero Tbk
JK:GIAA
|
$12.47 Million |
|
Sun Summit Minerals Corp
OTCQB:SMREF
|
$12.46 Million |
|
UNBSF
PINK:UNBSF
|
$12.45 Million |
|
Mongolia Growth Group Ltd.
PINK:MNGGF
|
$12.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mikobeaute International Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 641,156,000 to 669,973,000, a change of 28,817,000 (4.5%).
- Net income of 90,258,000 contributed positively to equity growth.
- Dividend payments of 76,965,000 reduced retained earnings.
- Other factors increased equity by 15,524,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$90.26 Million | +13.47% |
| Dividends Paid | NT$76.97 Million | -11.49% |
| Other Changes | NT$15.52 Million | +2.32% |
| Total Change | NT$- | 4.49% |
Book Value vs Market Value Analysis
This analysis compares Mikobeaute 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: 2.95x
- 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 3.16x to 2.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$28.41 | NT$89.80 | x |
| 2022-12-31 | NT$30.29 | NT$89.80 | x |
| 2023-12-31 | NT$29.16 | NT$89.80 | x |
| 2024-12-31 | NT$30.47 | NT$89.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mikobeaute International Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.46%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.25x
- Recent ROE (13.47%) is above the historical average (8.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.21% | 2.13% | 0.72x | 1.44x | NT$-48.66 Million |
| 2022 | 10.22% | 9.99% | 0.74x | 1.39x | NT$1.44 Million |
| 2023 | 7.26% | 7.50% | 0.73x | 1.32x | NT$-17.60 Million |
| 2024 | 13.47% | 15.46% | 0.70x | 1.25x | NT$23.26 Million |
Industry Comparison
This section compares Mikobeaute International Co., Ltd.'s net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $2,220,549,500
- Average return on equity (ROE) among peers: 4.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mikobeaute International Co., Ltd. (6574) | NT$767.25 Million | 2.21% | 0.34x | $12.47 Million |
| Farcent Enterprise Co Ltd (1730) | $1.11 Billion | 10.36% | 0.53x | $50.96 Million |
| Mao Bao Inc (1732) | $464.20 Million | 5.44% | 0.28x | $15.99 Million |
| Taiyen Biotech Co Ltd (1737) | $6.57 Billion | 3.19% | 0.05x | $103.31 Million |
| Sanitar Co Ltd (1817) | $1.49 Billion | 15.47% | 0.23x | $56.41 Million |
| Shihlin Paper Corp (1903) | $4.58 Billion | 0.00% | 0.72x | $268.57 Million |
| Jia Wei Lifestyle Inc (3557) | $778.16 Million | -13.00% | 0.45x | $39.15 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $176.21 Million |
| Jourdeness Group Ltd (4190) | $1.77 Billion | -16.49% | 3.17x | $20.26 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $398.69 Million | -4.73% | 0.12x | $39.19 Million |
| Nan Liu Enterprise Co Ltd (6504) | $929.70 Million | 15.00% | 2.02x | $37.29 Million |