Mingteng International Corporation Inc. Ordinary Shares
Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of automotive molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts, as well as brake caliper molds, steering knuckle molds, and hydraulic… Read more
Mingteng International Corporation Inc. Ordinary Shares (MTEN) - Total Assets
Latest total assets as of June 2025: $12.82 Million USD
Based on the latest financial reports, Mingteng International Corporation Inc. Ordinary Shares (MTEN) holds total assets worth $12.82 Million USD as of June 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.
Mingteng International Corporation Inc. Ordinary Shares - Total Assets Trend (2020–2024)
This chart illustrates how Mingteng International Corporation Inc. Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mingteng International Corporation Inc. Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
Mingteng International Corporation Inc. Ordinary Shares's total assets of $12.82 Million consist of 61.9% current assets and 38.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.9% |
| Accounts Receivable | $5.16 Million | 37.0% |
| Inventory | $178.93K | 1.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $67.71K | 0.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Mingteng International Corporation Inc. 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mingteng International Corporation Inc. Ordinary Shares's current assets represent 61.9% of total assets in 2024, a decrease from 74.5% in 2020.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, up from 7.9% 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 37.0% of total assets.
Mingteng International Corporation Inc. Ordinary Shares Competitors by Total Assets
Key competitors of Mingteng International Corporation Inc. Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Mingteng International Corporation Inc. Ordinary Shares - 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 - Mingteng International Corporation Inc. Ordinary Shares generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mingteng International Corporation Inc. Ordinary Shares is currently not profitable relative to its asset base.
Mingteng International Corporation Inc. 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 | 1.66 | 1.84 | 1.61 |
| Quick Ratio | 1.38 | 1.46 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.57 Million | $ 3.51 Million | $ 2.39 Million |
Mingteng International Corporation Inc. Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Mingteng International Corporation Inc. 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 | 0.30 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 30.3% |
| Total Assets | $13.96 Million |
| Market Capitalization | $49.66K USD |
Valuation Analysis
Below Book Valuation: The market values Mingteng International Corporation Inc. Ordinary Shares's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mingteng International Corporation Inc. Ordinary Shares's assets grew by 30.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mingteng International Corporation Inc. Ordinary Shares (2020–2024)
The table below shows the annual total assets of Mingteng International Corporation Inc. Ordinary Shares from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.96 Million | +30.32% |
| 2023-12-31 | $10.71 Million | +639.68% |
| 2022-12-31 | $1.45 Million | +16.09% |
| 2021-12-31 | $1.25 Million | +46.45% |
| 2020-12-31 | $851.95K | -- |