Mdevice
MEGAELECTRONICS Co., Ltd. designs, manufactures, and sells storage devices in South Korea. It offers flash storage solid state drives and semiconductor storage devices for digital devices and data center servers. The company was founded in 2009 and is based in Gwacheon-si, South Korea.
Mdevice (226590) - Total Assets
Latest total assets as of September 2025: ₩86.14 Billion KRW
Based on the latest financial reports, Mdevice (226590) holds total assets worth ₩86.14 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.
Mdevice - Total Assets Trend (2022–2024)
This chart illustrates how Mdevice’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mdevice - Asset Composition Analysis
Current Asset Composition (December 2024)
Mdevice's total assets of ₩86.14 Billion consist of 60.8% current assets and 39.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩9.87 Million | 0.0% |
| Accounts Receivable | ₩11.82 Billion | 33.6% |
| Inventory | ₩9.54 Billion | 27.1% |
| Property, Plant & Equipment | ₩9.72 Billion | 27.6% |
| Intangible Assets | ₩16.23 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Mdevice'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: Mdevice's current assets represent 60.8% of total assets in 2024, an increase from 39.6% in 2022.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, up from 0.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 33.6% of total assets.
Mdevice Competitors by Total Assets
Key competitors of Mdevice based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Mdevice - 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 - Mdevice generates 1.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Mdevice generates $9.06 in net profit.
Mdevice - 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 | 1.65 | 3.73 | 3.73 |
| Quick Ratio | 1.02 | 1.78 | 1.78 |
| Cash Ratio | 0.00 | 0.04 | 0.04 |
| Working Capital | ₩26.98 Billion | ₩ 16.36 Billion | ₩ 16.36 Billion |
Mdevice - Advanced Valuation Insights
This section examines the relationship between Mdevice'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 | 6.37 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.8% |
| Total Assets | ₩35.22 Billion |
| Market Capitalization | $191.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mdevice's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mdevice's assets grew by 15.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mdevice (2022–2024)
The table below shows the annual total assets of Mdevice from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.22 Billion | +15.83% |
| 2023-12-31 | ₩30.41 Billion | -36.91% |
| 2022-12-31 | ₩48.19 Billion | -- |