Myoung Shin Industrial Co Ltd
Myoung Shin Industrial Co.,Ltd, together with its subsidiaries, engages in the manufacture and sale of automobile body parts in South Korea. The company was founded in 1982 and is headquartered in Gyeongju-si, South Korea.
Myoung Shin Industrial Co Ltd (009900) - Total Assets
Latest total assets as of September 2025: ₩1.37 Trillion KRW
Based on the latest financial reports, Myoung Shin Industrial Co Ltd (009900) holds total assets worth ₩1.37 Trillion KRW 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.
Myoung Shin Industrial Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Myoung Shin Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Myoung Shin Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Myoung Shin Industrial Co Ltd's total assets of ₩1.37 Trillion consist of 58.2% current assets and 41.8% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 22.0% |
| Accounts Receivable | ₩202.10 Billion | 16.7% |
| Inventory | ₩123.49 Billion | 10.2% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩2.05 Billion | 0.2% |
| Goodwill | ₩720.38 Million | 0.1% |
Asset Composition Trend (2016–2024)
This chart illustrates how Myoung Shin Industrial Co Ltd'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: Myoung Shin Industrial Co Ltd's current assets represent 58.2% of total assets in 2024, an increase from 33.4% in 2016.
- Cash Position: Cash and equivalents constituted 22.0% of total assets in 2024, up from 0.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 16.7% of total assets.
Myoung Shin Industrial Co Ltd Competitors by Total Assets
Key competitors of Myoung Shin Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Myoung Shin Industrial Co Ltd - 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
Strong asset utilization - Myoung Shin Industrial Co Ltd generates 1.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Myoung Shin Industrial Co Ltd generates $ 10.67 in net profit.
Myoung Shin Industrial Co Ltd - 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 | 2.08 | 2.19 | 1.35 |
| Quick Ratio | 1.76 | 1.74 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩411.21 Billion | ₩ 353.89 Billion | ₩ 73.31 Billion |
Myoung Shin Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Myoung Shin Industrial Co Ltd'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 | 0.67 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.8% |
| Total Assets | ₩1.21 Trillion |
| Market Capitalization | $205.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Myoung Shin Industrial Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Myoung Shin Industrial Co Ltd's assets grew by 15.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Myoung Shin Industrial Co Ltd (2016–2024)
The table below shows the annual total assets of Myoung Shin Industrial Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.21 Trillion | +15.83% |
| 2023-12-31 | ₩1.04 Trillion | +12.44% |
| 2022-12-31 | ₩929.27 Billion | +29.16% |
| 2021-12-31 | ₩719.48 Billion | +50.87% |
| 2020-12-31 | ₩476.90 Billion | +30.38% |
| 2019-12-31 | ₩365.79 Billion | +28.57% |
| 2018-12-31 | ₩284.50 Billion | +22.84% |
| 2017-12-31 | ₩231.61 Billion | +4.10% |
| 2016-12-31 | ₩222.49 Billion | -- |