Hefei Meiya Optoelectronic Technology Inc
Hefei Meyer Optoelectronic Technology Inc. engages in the research and development, manufacture, and sale of optoelectronic intelligent recognition equipment in China and internationally. The company offers color sorter, X-ray inspection machine, quality analyzer, etc. for food safety sector; dental CBCT, ENT CBCT, intraoral scanners, mobile head CT, spinal surgery robots, etc. in healthcare; and… Read more
Hefei Meiya Optoelectronic Technology Inc (002690) - Total Assets
Latest total assets as of June 2025: CN¥3.17 Billion CNY
Based on the latest financial reports, Hefei Meiya Optoelectronic Technology Inc (002690) holds total assets worth CN¥3.17 Billion CNY 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.
Hefei Meiya Optoelectronic Technology Inc - Total Assets Trend (2008–2024)
This chart illustrates how Hefei Meiya Optoelectronic Technology Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hefei Meiya Optoelectronic Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Hefei Meiya Optoelectronic Technology Inc's total assets of CN¥3.17 Billion consist of 78.8% current assets and 21.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 46.8% |
| Accounts Receivable | CN¥468.39 Million | 14.0% |
| Inventory | CN¥283.73 Million | 8.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥56.73 Million | 1.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Hefei Meiya Optoelectronic Technology Inc'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: Hefei Meiya Optoelectronic Technology Inc's current assets represent 78.8% of total assets in 2024, a decrease from 83.6% in 2008.
- Cash Position: Cash and equivalents constituted 46.8% of total assets in 2024, down from 67.4% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 14.0% of total assets.
Hefei Meiya Optoelectronic Technology Inc Competitors by Total Assets
Key competitors of Hefei Meiya Optoelectronic Technology Inc 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 |
Hefei Meiya Optoelectronic Technology Inc - 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 - Hefei Meiya Optoelectronic Technology Inc generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hefei Meiya Optoelectronic Technology Inc generates $ 19.45 in net profit.
Hefei Meiya Optoelectronic Technology Inc - 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 | 3.92 | 4.08 | 4.78 |
| Quick Ratio | 3.32 | 3.25 | 4.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.83 Billion | CN¥ 1.70 Billion | CN¥ 1.76 Billion |
Hefei Meiya Optoelectronic Technology Inc - Advanced Valuation Insights
This section examines the relationship between Hefei Meiya Optoelectronic Technology Inc'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 | 6.52 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CN¥3.34 Billion |
| Market Capitalization | $716.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hefei Meiya Optoelectronic Technology Inc's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hefei Meiya Optoelectronic Technology Inc's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hefei Meiya Optoelectronic Technology Inc (2008–2024)
The table below shows the annual total assets of Hefei Meiya Optoelectronic Technology Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.34 Billion | -2.54% |
| 2023-12-31 | CN¥3.42 Billion | +3.31% |
| 2022-12-31 | CN¥3.31 Billion | +1.91% |
| 2021-12-31 | CN¥3.25 Billion | +13.76% |
| 2020-12-31 | CN¥2.86 Billion | +3.26% |
| 2019-12-31 | CN¥2.77 Billion | +2.11% |
| 2018-12-31 | CN¥2.71 Billion | -1.13% |
| 2017-12-31 | CN¥2.74 Billion | +17.51% |
| 2016-12-31 | CN¥2.33 Billion | +7.41% |
| 2015-12-31 | CN¥2.17 Billion | +15.46% |
| 2014-12-31 | CN¥1.88 Billion | +12.16% |
| 2013-12-31 | CN¥1.68 Billion | +10.65% |
| 2012-12-31 | CN¥1.52 Billion | +192.66% |
| 2011-12-31 | CN¥518.22 Million | -15.56% |
| 2010-12-31 | CN¥613.71 Million | -2.87% |
| 2009-12-31 | CN¥631.87 Million | +16.79% |
| 2008-12-31 | CN¥541.03 Million | -- |