MER
MER operates in various business sectors.
MER (MER) - Net Assets
Latest net assets as of June 2024: zł46.09 Million PLN
Based on the latest financial reports, MER (MER) has net assets worth zł46.09 Million PLN as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł65.24 Million) and total liabilities (zł19.15 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 | zł46.09 Million |
| % of Total Assets | 70.65% |
| Annual Growth Rate | 1.22% |
| 5-Year Change | 4.85% |
| 10-Year Change | N/A |
| Growth Volatility | 1.06 |
MER - Net Assets Trend (2017–2023)
This chart illustrates how MER's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MER (2017–2023)
The table below shows the annual net assets of MER from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł46.07 Million | +0.13% |
| 2022-12-31 | zł46.01 Million | +0.88% |
| 2021-12-31 | zł45.61 Million | +3.36% |
| 2020-12-31 | zł44.13 Million | +0.42% |
| 2019-12-31 | zł43.94 Million | +0.97% |
| 2018-12-31 | zł43.52 Million | +1.60% |
| 2017-12-31 | zł42.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MER'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 99.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł60.72K | 0.13% |
| Other Components | zł46.01 Million | 99.87% |
| Total Equity | zł46.07 Million | 100.00% |
MER Competitors by Market Cap
The table below lists competitors of MER ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kelani Valley Plantations PLC
CM:KVALN0000
|
$3.34K |
|
Asiabest Group International Inc
PSE:ABG
|
$3.34K |
|
UNITED CO.RUSAL DL -01
MU:R6L
|
$3.34K |
|
TV BROADCAST
MU:TBCN
|
$3.35K |
|
VTXGF
PINK:VTXGF
|
$3.33K |
|
Arecor Therapeutics PLC
LSE:AREC
|
$3.33K |
|
SUN
WAR:SUN
|
$3.32K |
|
Guardian Capital Partners PLC
CM:WAPON0000
|
$3.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MER's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 46,013,116 to 46,073,839, a change of 60,724 (0.1%).
- Net income of 60,724 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł60.72K | +0.13% |
| Other Changes | zł-0.00 | -0.0% |
| Total Change | zł- | 0.13% |
Book Value vs Market Value Analysis
This analysis compares MER'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: 0.31x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | zł4.37 | zł1.40 | x |
| 2021-12-31 | zł4.52 | zł1.40 | x |
| 2022-12-31 | zł4.56 | zł1.40 | x |
| 2023-12-31 | zł4.57 | zł1.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MER 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): 0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.33%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.44x
- Recent ROE (0.13%) is below the historical average (1.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.10% | 4.70% | 0.26x | 1.69x | zł-3.39 Million |
| 2018 | 1.57% | 3.44% | 0.27x | 1.73x | zł-3.67 Million |
| 2019 | 0.96% | 2.86% | 0.21x | 1.62x | zł-3.97 Million |
| 2020 | 0.07% | 0.19% | 0.22x | 1.59x | zł-4.38 Million |
| 2021 | 3.25% | 6.52% | 0.33x | 1.50x | zł-3.08 Million |
| 2022 | 0.87% | 1.80% | 0.33x | 1.46x | zł-4.20 Million |
| 2023 | 0.13% | 0.33% | 0.28x | 1.44x | zł-4.55 Million |
Industry Comparison
This section compares MER's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.