Mirae Asset SPAC 4
CENOTEC Co., Ltd. manufactures and sells grinding media, zirconia, zircon powder, and ceramic materials in South Korea. The company offers ceramic beads for applications in mine, paper/paint/ink, and electronic industries. It also provides alumina silica; premium alumina; alumina toughened zirconia; zirconia toughened alumina; zirconium silicate; ceria stabilized zirconia; and yittria stabilized … Read more
Mirae Asset SPAC 4 (222420) - Total Assets
Latest total assets as of September 2025: ₩80.11 Billion KRW
Based on the latest financial reports, Mirae Asset SPAC 4 (222420) holds total assets worth ₩80.11 Billion 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.
Mirae Asset SPAC 4 - Total Assets Trend (2015–2024)
This chart illustrates how Mirae Asset SPAC 4’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mirae Asset SPAC 4 - Asset Composition Analysis
Current Asset Composition (December 2024)
Mirae Asset SPAC 4's total assets of ₩80.11 Billion consist of 42.7% current assets and 57.4% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩751.11 Million | 0.9% |
| Accounts Receivable | ₩10.85 Billion | 12.4% |
| Inventory | ₩23.24 Billion | 26.6% |
| Property, Plant & Equipment | ₩48.67 Billion | 55.7% |
| Intangible Assets | ₩0.00 | 0.0% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Mirae Asset SPAC 4'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: Mirae Asset SPAC 4's current assets represent 42.7% of total assets in 2024, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 11.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 55.7% of total assets.
Mirae Asset SPAC 4 Competitors by Total Assets
Key competitors of Mirae Asset SPAC 4 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Mirae Asset SPAC 4 - 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
Lower asset utilization - Mirae Asset SPAC 4 generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mirae Asset SPAC 4 is currently not profitable relative to its asset base.
Mirae Asset SPAC 4 - 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 | 1.07 | 1.01 | 1.10 |
| Quick Ratio | 0.41 | 0.43 | 0.35 |
| Cash Ratio | 0.00 | 0.07 | 0.00 |
| Working Capital | ₩2.11 Billion | ₩ 417.31 Million | ₩ 2.30 Billion |
Mirae Asset SPAC 4 - Advanced Valuation Insights
This section examines the relationship between Mirae Asset SPAC 4'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 | 1.77 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -10.1% |
| Total Assets | ₩87.34 Billion |
| Market Capitalization | $20.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mirae Asset SPAC 4's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mirae Asset SPAC 4's assets decreased by 10.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mirae Asset SPAC 4 (2015–2024)
The table below shows the annual total assets of Mirae Asset SPAC 4 from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩87.34 Billion | -10.09% |
| 2023-12-31 | ₩97.13 Billion | +0.83% |
| 2022-12-31 | ₩96.33 Billion | +7.49% |
| 2021-12-31 | ₩89.62 Billion | +10.49% |
| 2020-12-31 | ₩81.11 Billion | -4.87% |
| 2019-12-31 | ₩85.26 Billion | +20.98% |
| 2018-12-31 | ₩70.47 Billion | +29.53% |
| 2017-12-31 | ₩54.41 Billion | +6.49% |
| 2016-12-31 | ₩51.09 Billion | +639.31% |
| 2015-12-31 | ₩6.91 Billion | -- |