Millennium Group International Holdings Limited Ordinary Shares (MGIH) - Total Assets
Based on the latest financial reports, Millennium Group International Holdings Limited Ordinary Shares (MGIH) holds total assets worth $36.25 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. Check MGIH capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Millennium Group International Holdings Limited Ordinary Shares - Total Assets Trend (2020–2025)
This chart illustrates how Millennium Group International Holdings Limited Ordinary Shares's total assets have evolved over time, based on quarterly financial data. Check how high is Millennium Group International Holdings 's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Millennium Group International Holdings Limited Ordinary Shares - Asset Composition Analysis
Current Asset Composition (June 2025)
Millennium Group International Holdings Limited Ordinary Shares's total assets of $36.25 Million consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.7% |
| Accounts Receivable | $7.91 Million | 21.8% |
| Inventory | $1.54 Million | 4.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $100.67K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Millennium Group International Holdings Limited Ordinary Shares'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 Millennium Group International Holdings market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millennium Group International Holdings Limited Ordinary Shares's current assets represent 57.4% of total assets in 2025, a decrease from 70.3% in 2020.
- Cash Position: Cash and equivalents constituted 29.7% of total assets in 2025, down from 31.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 21.8% of total assets.
Millennium Group International Holdings Limited Ordinary Shares Competitors by Total Assets
Key competitors of Millennium Group International Holdings Limited Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Verallia
PA:VRLA
|
France | €4.45 Billion |
|
O-I Glass Inc
NYSE:OI
|
USA | $8.95 Billion |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607
|
China | CN¥1.78 Billion |
|
Rongsheng Paper
SHG:603165
|
China | CN¥4.73 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
China | CN¥694.67 Million |
|
Amcor Plc
AU:AMC
|
Australia | AU$37.58 Billion |
|
Orora Ltd
AU:ORA
|
Australia | AU$4.85 Billion |
Millennium Group International Holdings Limited Ordinary Shares - 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 | 1.87 | 2.29 | 1.27 |
| Quick Ratio | 1.73 | 1.98 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.66 Million | $15.63 Million | $11.20 Million |
Millennium Group International Holdings Limited Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Millennium Group International Holdings Limited Ordinary Shares'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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -16.9% |
| Total Assets | $36.25 Million |
| Market Capitalization | $16.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Millennium Group International Holdings Limited Ordinary Shares's assets below their book value (0.46x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Millennium Group International Holdings Limited Ordinary Shares's assets decreased by 16.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Millennium Group International Holdings Limited Ordinary Shares (2020–2025)
The table below shows the annual total assets of Millennium Group International Holdings Limited Ordinary Shares from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $36.25 Million | -16.94% |
| 2024-06-30 | $43.64 Million | -26.09% |
| 2023-06-30 | $59.04 Million | -10.55% |
| 2022-06-30 | $66.01 Million | -9.21% |
| 2021-06-30 | $72.70 Million | -1.55% |
| 2020-06-30 | $73.85 Million | -- |
About Millennium Group International Holdings Limited Ordinary Shares
Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. It offers paper packaging products, including raw papers, kraft papers, cardboards, and carton papers or corrugated paperboards for footwear products, sp… Read more