mPLUS Corp
mPLUS Corp. manufactures and sells secondary battery manufacturing equipment in South Korea, China, Asia, the Americas, Europe, and internationally. The company offers notching, stacking, tab welding, packaging, and degassing equipment, as well as swaging and E/L filling equipment. It also provides fuel cell battery manufacturing equipment; and EV rechargeable battery production and equipment tec… Read more
mPLUS Corp (259630) - Total Assets
Latest total assets as of September 2025: ₩249.50 Billion KRW
Based on the latest financial reports, mPLUS Corp (259630) holds total assets worth ₩249.50 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.
mPLUS Corp - Total Assets Trend (2015–2024)
This chart illustrates how mPLUS Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
mPLUS Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
mPLUS Corp's total assets of ₩249.50 Billion consist of 77.8% current assets and 22.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩43.67 Billion | 14.9% |
| Accounts Receivable | ₩16.87 Billion | 5.8% |
| Inventory | ₩112.53 Billion | 38.4% |
| Property, Plant & Equipment | ₩53.35 Billion | 18.2% |
| Intangible Assets | ₩736.03 Million | 0.3% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how mPLUS Corp'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: mPLUS Corp's current assets represent 77.8% of total assets in 2024, an increase from 37.4% in 2015.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, up from 3.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 38.4% of total assets.
mPLUS Corp Competitors by Total Assets
Key competitors of mPLUS Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
mPLUS Corp - 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
Moderate asset utilization - mPLUS Corp generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, mPLUS Corp generates $ 3.75 in net profit.
mPLUS Corp - 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 | 1.72 | 1.13 | 1.67 |
| Quick Ratio | 1.37 | 0.49 | 0.94 |
| Cash Ratio | 0.00 | 0.22 | 0.00 |
| Working Capital | ₩75.28 Billion | ₩ 30.54 Billion | ₩ 40.62 Billion |
mPLUS Corp - Advanced Valuation Insights
This section examines the relationship between mPLUS Corp'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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -8.6% |
| Total Assets | ₩292.83 Billion |
| Market Capitalization | $77.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values mPLUS Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: mPLUS Corp's assets decreased by 8.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for mPLUS Corp (2015–2024)
The table below shows the annual total assets of mPLUS Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩292.83 Billion | -8.56% |
| 2023-12-31 | ₩320.26 Billion | -0.33% |
| 2022-12-31 | ₩321.32 Billion | +80.25% |
| 2021-12-31 | ₩178.27 Billion | +26.51% |
| 2020-12-31 | ₩140.92 Billion | -0.80% |
| 2019-12-31 | ₩142.05 Billion | +38.43% |
| 2018-12-31 | ₩102.62 Billion | +70.00% |
| 2017-12-31 | ₩60.36 Billion | +57.14% |
| 2016-12-31 | ₩38.41 Billion | +217.85% |
| 2015-12-31 | ₩12.08 Billion | -- |