Magic Empire Global Limited (MEGL) - Total Assets
Based on the latest financial reports, Magic Empire Global Limited (MEGL) holds total assets worth $16.69 Million USD as of June 2025. 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. See Magic Empire Global Limited net assets for net asset value and shareholders' equity analysis.
Magic Empire Global Limited - Total Assets Trend (2019–2024)
This chart illustrates how Magic Empire Global Limited's total assets have evolved over time, based on quarterly financial data.
Magic Empire Global Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Magic Empire Global Limited's total assets of $16.69 Million consist of 96.0% current assets and 4.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 93.7% |
| Accounts Receivable | $2.24 Million | 1.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Magic Empire Global Limited'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. For live market cap, price, and company overview, see market cap of Magic Empire Global Limited.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magic Empire Global Limited's current assets represent 96.0% of total assets in 2024, an increase from 61.4% in 2019.
- Cash Position: Cash and equivalents constituted 93.7% of total assets in 2024, up from 61.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
Magic Empire Global Limited Competitors by Total Assets
Key competitors of Magic Empire Global Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bolsas y Mercados Argentinos SA
BA:BYMA
|
Argentina | AR$2.40 Trillion |
|
Hanyang Securities Co Ltd
KO:001755
|
Korea | ₩5.09 Trillion |
|
Praemium Ltd
AU:PPS
|
Australia | AU$135.84 Million |
|
NAU IB Capital
KQ:293580
|
Korea | ₩175.44 Billion |
|
Summit Securities Limited
NSE:SUMMITSEC
|
India | Rs128.88 Billion |
|
Sangsangin Investment & Securities Co Ltd
KO:001290
|
Korea | ₩1.93 Trillion |
|
The Naga Group AG
XETRA:N4G
|
Germany | €91.03 Million |
|
VLS Finance Limited
NSE:VLSFINANCE
|
India | Rs29.40 Billion |
Magic Empire Global Limited - 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 | 33.37 | 56.82 | 1.07 |
| Quick Ratio | 33.37 | 56.82 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $15.63 Million | $94.03 Million | $225.34K |
Magic Empire Global Limited - Advanced Valuation Insights
This section examines the relationship between Magic Empire Global Limited'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 | 0.30 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | $136.14 Million |
| Market Capitalization | $4.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magic Empire Global Limited's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Magic Empire Global Limited's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Magic Empire Global Limited (2019–2024)
The table below shows the annual total assets of Magic Empire Global Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $136.14 Million | -1.53% |
| 2023-12-31 | $138.26 Million | -4.06% |
| 2022-12-31 | $144.11 Million | +460.83% |
| 2021-12-31 | $25.70 Million | +57.25% |
| 2020-12-31 | $16.34 Million | -35.92% |
| 2019-12-31 | $25.50 Million | -- |
About Magic Empire Global Limited
Magic Empire Global Limited provides corporate finance advisory services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, and post-listing compliance advisory. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relatio… Read more