MGM CHINA HLDGS
MGM CHINA HLDGS operates in Diversified Metals & Mining.
MGM CHINA HLDGS (M04) - Total Assets
Latest total assets as of December 2023: €29.18 Billion EUR
Based on the latest financial reports, MGM CHINA HLDGS (M04) holds total assets worth €29.18 Billion EUR as of December 2023.
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.
MGM CHINA HLDGS - Total Assets Trend (2016–2023)
This chart illustrates how MGM CHINA HLDGS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MGM CHINA HLDGS - Asset Composition Analysis
Current Asset Composition (December 2023)
MGM CHINA HLDGS's total assets of €29.18 Billion consist of 17.6% current assets and 82.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 14.5% |
| Accounts Receivable | €594.47 Million | 2.0% |
| Inventory | €188.15 Million | 0.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.59 Billion | 5.5% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how MGM CHINA HLDGS'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: MGM CHINA HLDGS's current assets represent 17.6% of total assets in 2023, an increase from 14.9% in 2016.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2023, up from 13.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 6.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 5.5% of total assets.
MGM CHINA HLDGS Competitors by Total Assets
Key competitors of MGM CHINA HLDGS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
MGM CHINA HLDGS - 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 - MGM CHINA HLDGS generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, MGM CHINA HLDGS generates $9.04 in net profit.
MGM CHINA HLDGS - 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 | 0.50 | 3.14 | 0.58 |
| Quick Ratio | 0.48 | 3.07 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-5.19 Billion | € 4.93 Billion | € -2.94 Billion |
MGM CHINA HLDGS - Advanced Valuation Insights
This section examines the relationship between MGM CHINA HLDGS'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.5% |
| Total Assets | €29.18 Billion |
| Market Capitalization | $12.80K USD |
Valuation Analysis
Below Book Valuation: The market values MGM CHINA HLDGS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: MGM CHINA HLDGS's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MGM CHINA HLDGS (2016–2023)
The table below shows the annual total assets of MGM CHINA HLDGS from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €29.18 Billion | -6.50% |
| 2022-12-31 | €31.21 Billion | +9.74% |
| 2021-12-31 | €28.44 Billion | -4.14% |
| 2020-12-31 | €29.67 Billion | -8.73% |
| 2019-12-31 | €32.51 Billion | -7.48% |
| 2018-12-31 | €35.13 Billion | -4.03% |
| 2017-12-31 | €36.61 Billion | +35.18% |
| 2016-12-31 | €27.08 Billion | -- |