M.I.TECH Co.Ltd (179290) - Total Assets
Based on the latest financial reports, M.I.TECH Co.Ltd (179290) holds total assets worth ₩134.55 Billion KRW (≈ $91.18 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. See net assets of M.I.TECH Co.Ltd for net asset value and shareholders' equity analysis.
M.I.TECH Co.Ltd - Total Assets Trend (2015–2024)
This chart illustrates how M.I.TECH Co.Ltd's total assets have evolved over time, based on quarterly financial data.
M.I.TECH Co.Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
M.I.TECH Co.Ltd's total assets of ₩134.55 Billion consist of 77.0% current assets and 23.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩56.26 Billion | 47.5% |
| Accounts Receivable | ₩9.05 Billion | 7.6% |
| Inventory | ₩12.03 Billion | 10.2% |
| Property, Plant & Equipment | ₩7.60 Billion | 6.4% |
| Intangible Assets | ₩2.02 Billion | 1.7% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how M.I.TECH 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 M.I.TECH Co.Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: M.I.TECH Co.Ltd's current assets represent 77.0% of total assets in 2024, an increase from 55.8% in 2015.
- Cash Position: Cash and equivalents constituted 47.5% of total assets in 2024, up from 2.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 7.0% in 2015.
- Asset Diversification: The largest asset category is cash and equivalents at 47.5% of total assets.
M.I.TECH Co.Ltd Competitors by Total Assets
Key competitors of M.I.TECH Co.Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gan & Lee Pharmaceuticals Co Ltd
SHG:603087
|
China | CN¥12.14 Billion |
|
Vizionfocus Inc.
TW:4771
|
Taiwan | NT$6.53 Billion |
|
MEDIMI AB AK
F:79T
|
Germany | €1.70 Million |
|
Ansell Ltd
AU:ANN
|
Australia | AU$3.32 Billion |
|
Nanosonics Ltd
AU:NAN
|
Australia | AU$272.48 Million |
|
SDI Ltd
AU:SDI
|
Australia | AU$141.20 Million |
|
Austco Healthcare Ltd
AU:AHC
|
Australia | AU$91.07 Million |
|
Trajan Group Holdings Ltd
AU:TRJ
|
Australia | AU$192.32 Million |
M.I.TECH 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 | 9.48 | 12.75 | 4.71 |
| Quick Ratio | 7.95 | 11.03 | 3.76 |
| Cash Ratio | 0.00 | 3.22 | 0.00 |
| Working Capital | ₩73.23 Billion | ₩79.36 Billion | ₩35.53 Billion |
M.I.TECH Co.Ltd - Advanced Valuation Insights
This section examines the relationship between M.I.TECH 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 | 1.79 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | ₩118.53 Billion |
| Market Capitalization | $143.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values M.I.TECH Co.Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: M.I.TECH Co.Ltd's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for M.I.TECH Co.Ltd (2015–2024)
The table below shows the annual total assets of M.I.TECH Co.Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩118.53 Billion ≈ $80.32 Million |
+19.92% |
| 2023-12-31 | ₩98.84 Billion ≈ $66.98 Million |
+5.10% |
| 2022-12-31 | ₩94.05 Billion ≈ $63.74 Million |
+19.77% |
| 2021-12-31 | ₩78.53 Billion ≈ $53.22 Million |
+15.34% |
| 2020-12-31 | ₩68.08 Billion ≈ $46.14 Million |
+18.79% |
| 2019-12-31 | ₩57.31 Billion ≈ $38.84 Million |
+16.35% |
| 2018-12-31 | ₩49.26 Billion ≈ $33.38 Million |
+66.05% |
| 2017-12-31 | ₩29.66 Billion ≈ $20.10 Million |
+45.42% |
| 2016-12-31 | ₩20.40 Billion ≈ $13.82 Million |
+18.57% |
| 2015-12-31 | ₩17.20 Billion ≈ $11.66 Million |
-- |
About M.I.TECH Co.Ltd
M.I.TECH Co.,Ltd engages in the provision of various medical devices in South Korea. The company offers HANAROSTENT, a non-vascular stent; and glucometers under the GBIO BASE and RAPICHECK brand names. It also provides beauty systems, such as BRT system which is used in cleansing skin and inject the effective component in non-invasive way; and ClearView which is used in injecting the effective co… Read more