MI Technovation Bhd (5286) - Total Assets
Based on the latest financial reports, MI Technovation Bhd (5286) holds total assets worth RM1.28 Billion MYR (≈ $320.28 Million USD) as of September 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. Explore MI Technovation Bhd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
MI Technovation Bhd - Total Assets Trend (2015–2024)
This chart illustrates how MI Technovation Bhd's total assets have evolved over time, based on quarterly financial data. See 5286 net asset value for net asset value and shareholders' equity analysis.
MI Technovation Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
MI Technovation Bhd's total assets of RM1.28 Billion consist of 56.9% current assets and 43.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 23.4% |
| Accounts Receivable | RM166.30 Million | 14.1% |
| Inventory | RM157.42 Million | 13.3% |
| Property, Plant & Equipment | RM210.66 Million | 17.9% |
| Intangible Assets | RM72.84 Million | 6.2% |
| Goodwill | RM110.10 Million | 9.3% |
Asset Composition Trend (2015–2024)
This chart illustrates how MI Technovation Bhd'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 MI Technovation Bhd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MI Technovation Bhd's current assets represent 56.9% of total assets in 2024, a decrease from 95.7% in 2015.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2024, down from 50.6% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 17.9% of total assets.
MI Technovation Bhd Competitors by Total Assets
Key competitors of MI Technovation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Anji Microelectronics Tech Co Ltd
SHG:688019
|
China | CN¥5.45 Billion |
|
Shanghai Originaldow Advanced
SHG:603991
|
China | CN¥4.81 Billion |
|
HC Semitek Corp
SHE:300323
|
China | CN¥14.16 Billion |
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
BOTH Engineering Technology Co. Ltd. A
SHG:601133
|
China | CN¥5.08 Billion |
|
GIGAVIS LTD (PROPOSED)
KQ:420770
|
Korea | ₩231.21 Billion |
|
Qualitau Ltd
TA:QLTU
|
Israel | ILA75.27 Million |
|
Shih Her Technologies
TWO:3551
|
Taiwan | NT$6.07 Billion |
MI Technovation Bhd - 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 | 5.23 | 9.02 | 6.24 |
| Quick Ratio | 4.16 | 6.84 | 4.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM599.71 Million | RM574.64 Million | RM238.12 Million |
MI Technovation Bhd - Advanced Valuation Insights
This section examines the relationship between MI Technovation Bhd'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 | 2.56 |
| Latest Market Cap to Assets Ratio | 1.06 |
| Asset Growth Rate (YoY) | -3.4% |
| Total Assets | RM1.18 Billion |
| Market Capitalization | $1.25 Billion USD |
Valuation Analysis
Above Book Valuation: The market values MI Technovation Bhd's assets above their book value (1.06x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: MI Technovation Bhd's assets decreased by 3.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MI Technovation Bhd (2015–2024)
The table below shows the annual total assets of MI Technovation Bhd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.18 Billion ≈ $296.33 Million |
-3.40% |
| 2023-12-31 | RM1.22 Billion ≈ $306.77 Million |
-0.81% |
| 2022-12-31 | RM1.23 Billion ≈ $309.29 Million |
+1.56% |
| 2021-12-31 | RM1.21 Billion ≈ $304.55 Million |
+175.31% |
| 2020-12-31 | RM440.61 Million ≈ $110.62 Million |
+2.44% |
| 2019-12-31 | RM430.12 Million ≈ $107.99 Million |
+13.51% |
| 2018-12-31 | RM378.92 Million ≈ $95.13 Million |
+10.65% |
| 2017-12-31 | RM342.44 Million ≈ $85.98 Million |
+285.80% |
| 2016-12-31 | RM88.76 Million ≈ $22.29 Million |
-8.98% |
| 2015-12-31 | RM97.52 Million ≈ $24.48 Million |
-- |
About MI Technovation Bhd
Mi Technovation Berhad, an investment holding company, engages in the design, development, manufacturing, and sales of semiconductor manufacturing equipment in Southeast Asia, Northeast Asia, and North America. It operates through Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, and Semiconductor Solutions Business Unit, and Others segments. The Semiconductor Equipment… Read more