Ming Le Sports AG (ML2) - Total Assets
Based on the latest financial reports, Ming Le Sports AG (ML2) holds total assets worth €1.26 Million EUR (≈ $1.47 Million USD) 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. Also see ML2 market cap for the company's overall valuation and market capitalisation.
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. Review how much debt does Ming Le Sports AG carry to assess the company's total debt and financial obligations.
| 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. See today's stock price for Ming Le Sports AG for real-time trading data and today's change.
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 |
|---|---|---|
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
China | CN¥3.96 Billion |
|
Marimekko Oyj
HE:MEKKO
|
Finland | €117.60 Million |
|
Anzheng Fashion
SHG:603839
|
China | CN¥2.72 Billion |
|
China Lilang Limited
F:5LX
|
Germany | €6.64 Billion |
|
Comefly Outdoor Co Ltd
SHG:603908
|
China | CN¥991.45 Million |
|
Iris Clothings Limited
NSE:IRISDOREME
|
India | Rs1.80 Billion |
|
Castle Peak Holdings Public Company Limited
BK:CPH
|
Thailand | ฿1.74 Billion |
|
Globe International Ltd
AU:GLB
|
Australia | AU$125.16 Million |
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 | 0.26 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -14.3% |
| Total Assets | €1.26 Million |
| Market Capitalization | $277.07K USD |
Valuation Analysis
Below Book Valuation: The market values Ming Le Sports AG's assets below their book value (0.22x), 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 ≈ $1.47 Million |
-14.27% |
| 2023-12-31 | €1.47 Million ≈ $1.72 Million |
+8.37% |
| 2022-12-31 | €1.35 Million ≈ $1.58 Million |
-29.80% |
| 2021-12-31 | €1.93 Million ≈ $2.25 Million |
-10.97% |
| 2020-12-31 | €2.17 Million ≈ $2.53 Million |
-3.03% |
| 2019-12-31 | €2.23 Million ≈ $2.61 Million |
+3.55% |
| 2018-12-31 | €2.16 Million ≈ $2.52 Million |
+136.13% |
| 2017-12-31 | €913.43K ≈ $1.07 Million |
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About 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.