MaxsMaking Inc. Class A Ordinary Shares
MaxsMaking Inc., through its subsidiaries, manufactures and sells customized consumer goods in Mainland China, rest of Asia, North America, Europe, the Oceania, South America, and Africa. It offers backpacks, thermal bags, canvas bags, aprons, throw pillows, flags, tablecloths, luggage, advertising chair covers, and other consumer goods. The company is also involved in the software development an… Read more
MaxsMaking Inc. Class A Ordinary Shares (MAMK) - Total Assets
Latest total assets as of October 2024: $17.67 Million USD
Based on the latest financial reports, MaxsMaking Inc. Class A Ordinary Shares (MAMK) holds total assets worth $17.67 Million USD as of October 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MaxsMaking Inc. Class A Ordinary Shares - Total Assets Trend (2022–2024)
This chart illustrates how MaxsMaking Inc. Class A Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MaxsMaking Inc. Class A Ordinary Shares - Asset Composition Analysis
Current Asset Composition (October 2024)
MaxsMaking Inc. Class A Ordinary Shares's total assets of $17.67 Million consist of 93.1% current assets and 6.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $6.41 Million | 36.2% |
| Inventory | $2.63 Million | 14.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.43K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how MaxsMaking Inc. Class A Ordinary Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MaxsMaking Inc. Class A Ordinary Shares's current assets represent 93.1% of total assets in 2024, an increase from 86.0% in 2022.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 2.2% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 36.2% of total assets.
MaxsMaking Inc. Class A Ordinary Shares Competitors by Total Assets
Key competitors of MaxsMaking Inc. Class A Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Idsud S.A
PA:ALIDS
|
France | €5.95 Million |
|
Perk International Inc
PINK:PRKI
|
USA | $21.41K |
|
China Baoan Group Co Ltd
SHE:000009
|
China | CN¥56.58 Billion |
|
Doosan
KO:000150
|
Korea | ₩32.36 Trillion |
|
Doosan Pref Shs
KO:000155
|
Korea | ₩32.36 Trillion |
|
Doosan Co Ltd
KO:000157
|
Korea | ₩32.36 Trillion |
|
Yunding Technology Co Ltd
SHE:000409
|
China | CN¥2.65 Billion |
|
Create Technology & Science Co Ltd
SHE:000551
|
China | CN¥6.23 Billion |
MaxsMaking Inc. Class A Ordinary Shares - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MaxsMaking Inc. Class A Ordinary Shares generates 1.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, MaxsMaking Inc. Class A Ordinary Shares generates $ 10.26 in net profit.
MaxsMaking Inc. Class A Ordinary Shares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.24 | 1.99 | 1.99 |
| Quick Ratio | 1.88 | 1.63 | 1.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.10 Million | $ 5.95 Million | $ 5.95 Million |
MaxsMaking Inc. Class A Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between MaxsMaking Inc. Class A Ordinary Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 21.00 |
| Latest Market Cap to Assets Ratio | 1.18 |
| Asset Growth Rate (YoY) | 38.4% |
| Total Assets | $17.67 Million |
| Market Capitalization | $20.82 Million USD |
Valuation Analysis
Above Book Valuation: The market values MaxsMaking Inc. Class A Ordinary Shares's assets above their book value (1.18 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: MaxsMaking Inc. Class A Ordinary Shares's assets grew by 38.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MaxsMaking Inc. Class A Ordinary Shares (2022–2024)
The table below shows the annual total assets of MaxsMaking Inc. Class A Ordinary Shares from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $17.67 Million | +38.43% |
| 2023-10-31 | $12.77 Million | -11.28% |
| 2022-10-31 | $14.39 Million | -- |