Mingchen Health Co Ltd Class A
Mingchen Health Co.,Ltd. engages in the development, production, and sale of personal health care products in China. The company operate through Daily Chemical Products and Online game segments. It offers skin care, shampoo, hair care, bath products and styling products under the Dihua Zhixiu, DIFASO, SunShine Fruit Oil, Mei Wang, First Collection, Golden Lion, Likoujian, High Tech Health, Green … Read more
Mingchen Health Co Ltd Class A (002919) - Total Assets
Latest total assets as of September 2025: CN¥1.17 Billion CNY
Based on the latest financial reports, Mingchen Health Co Ltd Class A (002919) holds total assets worth CN¥1.17 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.
Mingchen Health Co Ltd Class A - Total Assets Trend (2013–2024)
This chart illustrates how Mingchen Health Co Ltd Class A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mingchen Health Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Mingchen Health Co Ltd Class A's total assets of CN¥1.17 Billion consist of 62.6% current assets and 37.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.7% |
| Accounts Receivable | CN¥247.11 Million | 22.4% |
| Inventory | CN¥79.52 Million | 7.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥151.48 Million | 13.7% |
| Goodwill | CN¥103.31 Million | 9.4% |
Asset Composition Trend (2013–2024)
This chart illustrates how Mingchen Health Co Ltd Class A'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: Mingchen Health Co Ltd Class A's current assets represent 62.6% of total assets in 2024, a decrease from 75.3% in 2013.
- Cash Position: Cash and equivalents constituted 15.7% of total assets in 2024, down from 21.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 2.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 22.4% of total assets.
Mingchen Health Co Ltd Class A Competitors by Total Assets
Key competitors of Mingchen Health Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
China | CN¥3.66 Billion |
|
Taiyen Biotech Co Ltd
TW:1737
|
Taiwan | NT$8.26 Billion |
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
China | CN¥2.20 Billion |
|
Hunan Resun Co Ltd
SHE:001218
|
China | CN¥3.08 Billion |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
China | CN¥1.90 Billion |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
China | CN¥3.19 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
China | CN¥9.17 Billion |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
China | CN¥3.08 Billion |
Mingchen Health Co Ltd Class A - 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 - Mingchen Health Co Ltd Class A generates 1.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Mingchen Health Co Ltd Class A generates $ 4.23 in net profit.
Mingchen Health Co Ltd Class A - 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 | 1.80 | 2.61 | 3.00 |
| Quick Ratio | 1.56 | 1.95 | 2.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥264.35 Million | CN¥ 520.70 Million | CN¥ 442.88 Million |
Mingchen Health Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between Mingchen Health Co Ltd Class A'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 | 7.76 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -13.4% |
| Total Assets | CN¥1.10 Billion |
| Market Capitalization | $467.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mingchen Health Co Ltd Class A's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mingchen Health Co Ltd Class A's assets decreased by 13.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mingchen Health Co Ltd Class A (2013–2024)
The table below shows the annual total assets of Mingchen Health Co Ltd Class A from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.10 Billion | -13.40% |
| 2023-12-31 | CN¥1.27 Billion | +2.49% |
| 2022-12-31 | CN¥1.24 Billion | +28.10% |
| 2021-12-31 | CN¥970.35 Million | +10.37% |
| 2020-12-31 | CN¥879.18 Million | +25.68% |
| 2019-12-31 | CN¥699.55 Million | +0.13% |
| 2018-12-31 | CN¥698.66 Million | +2.04% |
| 2017-12-31 | CN¥684.72 Million | +32.34% |
| 2016-12-31 | CN¥517.38 Million | +9.43% |
| 2015-12-31 | CN¥472.81 Million | +23.53% |
| 2014-12-31 | CN¥382.74 Million | +19.96% |
| 2013-12-31 | CN¥319.05 Million | -- |