Mi Technovation Berhad
Mi Technovation Berhad, an investment holding company, primarily engages in the design, development, manufacture, and sale of semiconductor manufacturing equipment in Southeast Asia, Northeast Asia, and North Atlantic. The company operates through three segments: Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, and Semiconductor Solutions Business Unit. The Semiconduct… Read more
Mi Technovation Berhad (MITNF) - Total Assets
Latest total assets as of June 2025: $289.10 Million USD
Based on the latest financial reports, Mi Technovation Berhad (MITNF) holds total assets worth $289.10 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.
Mi Technovation Berhad - Total Assets Trend (2015–2024)
This chart illustrates how Mi Technovation Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mi Technovation Berhad - Asset Composition Analysis
Current Asset Composition (December 2024)
Mi Technovation Berhad's total assets of $289.10 Million consist of 56.9% current assets and 43.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.4% |
| Accounts Receivable | $166.30 Million | 14.1% |
| Inventory | $157.42 Million | 13.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $72.84 Million | 6.2% |
| Goodwill | $110.10 Million | 9.3% |
Asset Composition Trend (2015–2024)
This chart illustrates how Mi Technovation Berhad'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: Mi Technovation Berhad's current assets represent 56.9% of total assets in 2024, a decrease from 95.7% in 2015.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2024, down from 50.6% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 14.1% of total assets.
Mi Technovation Berhad Competitors by Total Assets
Key competitors of Mi Technovation Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥123.12 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
Mi Technovation Berhad - 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
Lower asset utilization - Mi Technovation Berhad generates 0.39x 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, Mi Technovation Berhad generates $5.77 in net profit.
Mi Technovation Berhad - 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 | 5.76 | 7.81 | 5.21 |
| Quick Ratio | 4.33 | 6.19 | 4.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $138.25 Million | $ 638.82 Million | $ 257.95 Million |
Mi Technovation Berhad - Advanced Valuation Insights
This section examines the relationship between Mi Technovation Berhad'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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -3.4% |
| Total Assets | $1.18 Billion |
| Market Capitalization | $177.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mi Technovation Berhad's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Mi Technovation Berhad's assets decreased by 3.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Mi Technovation Berhad (2015–2024)
The table below shows the annual total assets of Mi Technovation Berhad from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.18 Billion | -3.40% |
| 2023-12-31 | $1.22 Billion | -0.81% |
| 2022-12-31 | $1.23 Billion | +1.56% |
| 2021-12-31 | $1.21 Billion | +175.31% |
| 2020-12-31 | $440.61 Million | +2.44% |
| 2019-12-31 | $430.12 Million | +13.51% |
| 2018-12-31 | $378.92 Million | +10.65% |
| 2017-12-31 | $342.44 Million | +285.80% |
| 2016-12-31 | $88.76 Million | -8.98% |
| 2015-12-31 | $97.52 Million | -- |