MI Technovation Bhd Total Assets
MI Technovation Bhd 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. Also see 5286 market cap for the company's overall valuation and market capitalisation.
Total Assets of MI Technovation Bhd (2015–2024)
Total assets of MI Technovation Bhd from 2015 to 2024. This chart illustrates how MI Technovation Bhd's total assets have evolved over time, based on quarterly financial data. See latest MI Technovation Bhd stock price today for real-time trading data and today's change.
MI Technovation Bhd - Asset Composition Analysis
MI Technovation Bhd Total Assets Breakdown (December 2024)
MI Technovation Bhd total assets breakdown as of 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. Explore 5286 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Formosa Sumco Technology Corp
TW:3532
|
Taiwan | NT$51.18 Billion |
|
Suzhou Everbright Photonics Co. Ltd. A
SHG:688048
|
China | CN¥3.33 Billion |
|
Elite Advanced Laser Corp
TW:3450
|
Taiwan | NT$13.68 Billion |
|
KNJ Co. Ltd
KQ:272110
|
Korea | ₩264.82 Billion |
|
Bluglass Ltd
AU:BLG
|
Australia | AU$16.84 Million |
|
Spectra7 Microsystems Inc
V:SEV
|
Canada | CA$3.23 Million |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥91.06 Billion |
|
Advanced Micro Fabrication Inc
SHG:688012
|
China | CN¥29.79 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 | 1.24 |
| Asset Growth Rate (YoY) | -3.4% |
| Total Assets | RM1.18 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Above Book Valuation: The market values MI Technovation Bhd's assets above their book value (1.24x), 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 |
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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