Miracle Automation Engineering
Miracle Automation Engineering Co.Ltd provides intelligent equipment solutions and services in China and internationally. The company offers equipment for automobile manufacturing, intelligent storage, scrapped vehicle recycling, lithium battery recycling, new energy engineering, heavy industry manufacturing, and other industrial fields. It also provides consulting, design, manufacturing, install… Read more
Miracle Automation Engineering (002009) - Total Assets
Latest total assets as of September 2025: CN¥5.51 Billion CNY
Based on the latest financial reports, Miracle Automation Engineering (002009) holds total assets worth CN¥5.51 Billion CNY 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.
Miracle Automation Engineering - Total Assets Trend (2001–2024)
This chart illustrates how Miracle Automation Engineering’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Miracle Automation Engineering - Asset Composition Analysis
Current Asset Composition (December 2024)
Miracle Automation Engineering's total assets of CN¥5.51 Billion consist of 62.5% current assets and 37.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.9% |
| Accounts Receivable | CN¥1.92 Billion | 32.8% |
| Inventory | CN¥570.12 Million | 9.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥228.65 Million | 3.9% |
| Goodwill | CN¥361.18 Million | 6.2% |
Asset Composition Trend (2001–2024)
This chart illustrates how Miracle Automation Engineering'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: Miracle Automation Engineering's current assets represent 62.5% of total assets in 2024, a decrease from 80.3% in 2001.
- Cash Position: Cash and equivalents constituted 12.9% of total assets in 2024, down from 15.1% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 32.8% of total assets.
Miracle Automation Engineering Competitors by Total Assets
Key competitors of Miracle Automation Engineering based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Miracle Automation Engineering - 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 - Miracle Automation Engineering generates 0.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Miracle Automation Engineering is currently not profitable relative to its asset base.
Miracle Automation Engineering - 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 | 1.01 | 1.12 | 1.14 |
| Quick Ratio | 0.84 | 0.90 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥44.89 Million | CN¥ 403.35 Million | CN¥ 502.18 Million |
Miracle Automation Engineering - Advanced Valuation Insights
This section examines the relationship between Miracle Automation Engineering'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 | 7.16 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -10.0% |
| Total Assets | CN¥5.84 Billion |
| Market Capitalization | $998.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Miracle Automation Engineering's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Miracle Automation Engineering's assets decreased by 10.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Miracle Automation Engineering (2001–2024)
The table below shows the annual total assets of Miracle Automation Engineering from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.84 Billion | -10.04% |
| 2023-12-31 | CN¥6.49 Billion | -10.59% |
| 2022-12-31 | CN¥7.26 Billion | +16.67% |
| 2021-12-31 | CN¥6.22 Billion | +5.09% |
| 2020-12-31 | CN¥5.92 Billion | +0.91% |
| 2019-12-31 | CN¥5.87 Billion | -2.83% |
| 2018-12-31 | CN¥6.04 Billion | +13.48% |
| 2017-12-31 | CN¥5.32 Billion | +10.45% |
| 2016-12-31 | CN¥4.82 Billion | +4.93% |
| 2015-12-31 | CN¥4.59 Billion | +17.96% |
| 2014-12-31 | CN¥3.89 Billion | -0.72% |
| 2013-12-31 | CN¥3.92 Billion | +21.49% |
| 2012-12-31 | CN¥3.23 Billion | +7.16% |
| 2011-12-31 | CN¥3.01 Billion | +18.25% |
| 2010-12-31 | CN¥2.55 Billion | +62.80% |
| 2009-12-31 | CN¥1.56 Billion | +22.03% |
| 2008-12-31 | CN¥1.28 Billion | +15.31% |
| 2007-12-31 | CN¥1.11 Billion | +55.86% |
| 2006-12-31 | CN¥713.32 Million | +39.91% |
| 2005-12-31 | CN¥509.83 Million | +5.22% |
| 2004-12-31 | CN¥484.53 Million | +77.11% |
| 2003-12-31 | CN¥273.57 Million | +45.68% |
| 2002-12-31 | CN¥187.79 Million | +71.77% |
| 2001-12-31 | CN¥109.33 Million | -- |