Mi Chang Oil (003650) - Total Assets
Based on the latest financial reports, Mi Chang Oil (003650) holds total assets worth ₩533.96 Billion KRW (≈ $361.86 Million USD) as of December 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. Check how aggressively does Mi Chang Oil reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Mi Chang Oil - Total Assets Trend (2009–2025)
This chart illustrates how Mi Chang Oil's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Mi Chang Oil to see how much of total assets are deployed in long-term investments.
Mi Chang Oil - Asset Composition Analysis
Current Asset Composition (December 2025)
Mi Chang Oil's total assets of ₩533.96 Billion consist of 76.9% current assets and 23.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 8.4% |
| Accounts Receivable | ₩65.40 Billion | 12.3% |
| Inventory | ₩61.63 Billion | 11.5% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩260.31 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how Mi Chang Oil'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 Chang Oil market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mi Chang Oil's current assets represent 76.9% of total assets in 2025, a decrease from 84.9% in 2009.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2025, up from 0.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 12.3% of total assets.
Mi Chang Oil Competitors by Total Assets
Key competitors of Mi Chang Oil based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiangsu Lopal Tech Co Ltd
SHG:603906
|
China | CN¥18.44 Billion |
|
ReGen III Corp
V:GIII
|
Canada | CA$518.30K |
|
Ampol Ltd
AU:ALD
|
Australia | AU$12.70 Billion |
|
Viva Energy Group Ltd
AU:VEA
|
Australia | AU$12.57 Billion |
|
Ultrapar Participações S.A
SA:UGPA3
|
Brazil | R$51.08 Billion |
|
Cosan S.A
SA:CSAN3
|
Brazil | R$125.74 Billion |
|
Parkland Fuel Corporation
TO:PKI
|
Canada | CA$13.62 Billion |
|
Quinenco
SN:QUINENCO
|
Chile | CL$67.71 Trillion |
Mi Chang Oil - 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 | 10.53 | 5.27 | 5.38 |
| Quick Ratio | 8.95 | 4.43 | 4.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩371.36 Billion | ₩292.47 Billion | ₩194.75 Billion |
Mi Chang Oil - Advanced Valuation Insights
This section examines the relationship between Mi Chang Oil'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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.2% |
| Total Assets | ₩533.96 Billion |
| Market Capitalization | $128.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mi Chang Oil's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Mi Chang Oil's assets grew by 9.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Mi Chang Oil (2009–2025)
The table below shows the annual total assets of Mi Chang Oil from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩533.96 Billion ≈ $361.86 Million |
+9.21% |
| 2024-12-31 | ₩488.93 Billion ≈ $331.34 Million |
+17.46% |
| 2023-12-31 | ₩416.24 Billion ≈ $282.08 Million |
+16.49% |
| 2022-12-31 | ₩357.33 Billion ≈ $242.15 Million |
+2.80% |
| 2021-12-31 | ₩347.60 Billion ≈ $235.56 Million |
+11.48% |
| 2020-12-31 | ₩311.81 Billion ≈ $211.31 Million |
+5.57% |
| 2019-12-31 | ₩295.37 Billion ≈ $200.17 Million |
+4.31% |
| 2018-12-31 | ₩283.17 Billion ≈ $191.90 Million |
+0.83% |
| 2017-12-31 | ₩280.84 Billion ≈ $190.32 Million |
+0.23% |
| 2016-12-31 | ₩280.21 Billion ≈ $189.89 Million |
+11.34% |
| 2015-12-31 | ₩251.66 Billion ≈ $170.55 Million |
+16.69% |
| 2014-12-31 | ₩215.67 Billion ≈ $146.16 Million |
+4.26% |
| 2013-12-31 | ₩206.85 Billion ≈ $140.18 Million |
+1.84% |
| 2012-12-31 | ₩203.12 Billion ≈ $137.65 Million |
+4.66% |
| 2011-12-31 | ₩194.07 Billion ≈ $131.52 Million |
+6.47% |
| 2010-12-31 | ₩182.27 Billion ≈ $123.52 Million |
+10.26% |
| 2009-12-31 | ₩165.31 Billion ≈ $112.03 Million |
-- |
About Mi Chang Oil
Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils comprisin… Read more