Myoung Shin Industrial Co Ltd (009900) - Total Assets
Based on the latest financial reports, Myoung Shin Industrial Co Ltd (009900) holds total assets worth ₩1.37 Trillion KRW (≈ $925.33 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 Myoung Shin Industrial Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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. See 009900 total equity for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see how much is Myoung Shin Industrial Co Ltd worth.
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 |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.57 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
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 | $231.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Myoung Shin Industrial Co Ltd's assets below their book value (0.00x), 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 ≈ $820.21 Million |
+15.83% |
| 2023-12-31 | ₩1.04 Trillion ≈ $708.10 Million |
+12.44% |
| 2022-12-31 | ₩929.27 Billion ≈ $629.75 Million |
+29.16% |
| 2021-12-31 | ₩719.48 Billion ≈ $487.58 Million |
+50.87% |
| 2020-12-31 | ₩476.90 Billion ≈ $323.19 Million |
+30.38% |
| 2019-12-31 | ₩365.79 Billion ≈ $247.89 Million |
+28.57% |
| 2018-12-31 | ₩284.50 Billion ≈ $192.80 Million |
+22.84% |
| 2017-12-31 | ₩231.61 Billion ≈ $156.96 Million |
+4.10% |
| 2016-12-31 | ₩222.49 Billion ≈ $150.78 Million |
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About 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.