Shandong Meichen Science & Technology Co Ltd (300237) - Total Assets

Latest as of June 2025: CN¥5.41 Billion CNY ≈ $791.81 Million USD

Based on the latest financial reports, Shandong Meichen Science & Technology Co Ltd (300237) holds total assets worth CN¥5.41 Billion CNY (≈ $791.81 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. See Shandong Meichen Science & Technology Co (300237) shareholders funds for net asset value and shareholders' equity analysis.

Shandong Meichen Science & Technology Co Ltd - Total Assets Trend (2008–2024)

This chart illustrates how Shandong Meichen Science & Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.

Shandong Meichen Science & Technology Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shandong Meichen Science & Technology Co Ltd's total assets of CN¥5.41 Billion consist of 75.2% current assets and 24.8% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	1.4%
Accounts Receivable	CN¥1.13 Billion	20.5%
Inventory	CN¥310.76 Million	5.6%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥147.03 Million	2.7%
Goodwill	CN¥0.00	0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Shandong Meichen Science & Technology Co Ltd'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. For live market cap, price, and company overview, see Shandong Meichen Science & Technology Co (300237) market capitalisation.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Shandong Meichen Science & Technology Co Ltd's current assets represent 75.2% of total assets in 2024, an increase from 0.0% in 2008.
Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 3.1% in 2008.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 9.0% in 2008.
Asset Diversification: The largest asset category is accounts receivable at 20.5% of total assets.

Shandong Meichen Science & Technology Co Ltd Competitors by Total Assets

Key competitors of Shandong Meichen Science & Technology Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Continental Aktiengesellschaft F:CON	Germany	€18.59 Billion
Huizhou Desay SV Automotive Co Ltd Class A SHE:002920	China	CN¥27.24 Billion
Balkrishna Industries Limited NSE:BALKRISIND	India	Rs165.05 Billion
Xiangyang Changyuan Donggu Industry Co Ltd SHG:603950	China	CN¥5.80 Billion
Lingyun Ind SHG:600480	China	CN¥20.22 Billion
Yapp Automotive Systems Co Ltd SHG:603013	China	CN¥7.62 Billion
Aotecar New Energy Technology Co Ltd SHE:002239	China	CN¥11.04 Billion
Zhuhai Enpower Electric Co Ltd SHE:300681	China	CN¥6.29 Billion

Shandong Meichen Science & Technology Co Ltd - 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	0.94	0.92	1.72
Quick Ratio	0.87	0.83	1.65
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥-248.97 Million	CN¥-507.10 Million	CN¥4.01 Billion

Shandong Meichen Science & Technology Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shandong Meichen Science & Technology Co Ltd'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	339.21
Latest Market Cap to Assets Ratio	0.09
Asset Growth Rate (YoY)	-33.8%
Total Assets	CN¥5.52 Billion
Market Capitalization	$483.18 Million USD

Valuation Analysis

Below Book Valuation: The market values Shandong Meichen Science & Technology Co Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Shandong Meichen Science & Technology Co Ltd's assets decreased by 33.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Shandong Meichen Science & Technology Co Ltd (2008–2024)

The table below shows the annual total assets of Shandong Meichen Science & Technology Co Ltd from 2008 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥5.52 Billion ≈ $808.30 Million	-33.75%
2023-12-31	CN¥8.34 Billion ≈ $1.22 Billion	-11.59%
2022-12-31	CN¥9.43 Billion ≈ $1.38 Billion	-8.06%
2021-12-31	CN¥10.26 Billion ≈ $1.50 Billion	-7.79%
2020-12-31	CN¥11.12 Billion ≈ $1.63 Billion	+5.22%
2019-12-31	CN¥10.57 Billion ≈ $1.55 Billion	+14.41%
2018-12-31	CN¥9.24 Billion ≈ $1.35 Billion	+14.00%
2017-12-31	CN¥8.11 Billion ≈ $1.19 Billion	+37.90%
2016-12-31	CN¥5.88 Billion ≈ $860.22 Million	+32.70%
2015-12-31	CN¥4.43 Billion ≈ $648.25 Million	+53.81%
2014-12-31	CN¥2.88 Billion ≈ $421.45 Million	+194.06%
2013-12-31	CN¥979.43 Million ≈ $143.32 Million	+6.45%
2012-12-31	CN¥920.10 Million ≈ $134.64 Million	+3.12%
2011-12-31	CN¥892.23 Million ≈ $130.56 Million	+93.76%
2010-12-31	CN¥460.48 Million ≈ $67.38 Million	+64.00%
2009-12-31	CN¥280.78 Million ≈ $41.09 Million	+99.47%
2008-12-31	CN¥140.76 Million ≈ $20.60 Million	--

About Shandong Meichen Science & Technology Co Ltd

SHE:300237 China Auto Parts

Market Cap

$483.18 Million

CN¥3.30 Billion CNY

Market Cap Rank

#12711 Global

#3967 in China

Share Price

CN¥2.29

Change (1 day)

-0.43%

52-Week Range

CN¥1.64 - CN¥3.98

All Time High

CN¥10.82