Ming Le Sports AG
Ming Le Sports AG engages in the research, development, manufacturing, sale, and distribution of footwear, clothing, accessories, and sporting goods in Germany and internationally. The company was incorporated in 2011 and is based in Mühltal, Germany.
Ming Le Sports AG (ML2) - Total Assets
Latest total assets as of December 2024: €1.26 Million EUR
Based on the latest financial reports, Ming Le Sports AG (ML2) holds total assets worth €1.26 Million EUR as of December 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.
Ming Le Sports AG - Total Assets Trend (2017–2024)
This chart illustrates how Ming Le Sports AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ming Le Sports AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Ming Le Sports AG's total assets of €1.26 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 79.4% |
| Accounts Receivable | €0.00 | 0.0% |
| 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 (2017–2024)
This chart illustrates how Ming Le Sports AG'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: Ming Le Sports AG's current assets represent 100.0% of total assets in 2024, an increase from 99.8% in 2017.
- Cash Position: Cash and equivalents constituted 79.4% of total assets in 2024, up from 9.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ming Le Sports AG Competitors by Total Assets
Key competitors of Ming Le Sports AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Ming Le Sports AG - 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
Lower asset utilization - Ming Le Sports AG generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ming Le Sports AG is currently not profitable relative to its asset base.
Ming Le Sports AG - 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 | 287.12 | 202.60 | 13.07 |
| Quick Ratio | 287.12 | 202.60 | 13.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.25 Million | € 1.46 Million | € 2.06 Million |
Ming Le Sports AG - Advanced Valuation Insights
This section examines the relationship between Ming Le Sports AG'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 | 0.35 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -14.3% |
| Total Assets | €1.26 Million |
| Market Capitalization | $37.76K USD |
Valuation Analysis
Below Book Valuation: The market values Ming Le Sports AG's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ming Le Sports AG's assets decreased by 14.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ming Le Sports AG (2017–2024)
The table below shows the annual total assets of Ming Le Sports AG from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.26 Million | -14.27% |
| 2023-12-31 | €1.47 Million | +8.37% |
| 2022-12-31 | €1.35 Million | -29.80% |
| 2021-12-31 | €1.93 Million | -10.97% |
| 2020-12-31 | €2.17 Million | -3.03% |
| 2019-12-31 | €2.23 Million | +3.55% |
| 2018-12-31 | €2.16 Million | +136.13% |
| 2017-12-31 | €913.43K | -- |