mPLUS Corp (259630) - Total Assets
Based on the latest financial reports, mPLUS Corp (259630) holds total assets worth ₩249.50 Billion KRW (≈ $169.08 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 259630 book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of mPLUS Corp.
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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
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 | $140.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values mPLUS Corp's assets below their book value (0.00x), 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 ≈ $198.45 Million |
-8.56% |
| 2023-12-31 | ₩320.26 Billion ≈ $217.04 Million |
-0.33% |
| 2022-12-31 | ₩321.32 Billion ≈ $217.76 Million |
+80.25% |
| 2021-12-31 | ₩178.27 Billion ≈ $120.81 Million |
+26.51% |
| 2020-12-31 | ₩140.92 Billion ≈ $95.50 Million |
-0.80% |
| 2019-12-31 | ₩142.05 Billion ≈ $96.27 Million |
+38.43% |
| 2018-12-31 | ₩102.62 Billion ≈ $69.54 Million |
+70.00% |
| 2017-12-31 | ₩60.36 Billion ≈ $40.91 Million |
+57.14% |
| 2016-12-31 | ₩38.41 Billion ≈ $26.03 Million |
+217.85% |
| 2015-12-31 | ₩12.08 Billion ≈ $8.19 Million |
-- |
About 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