Shandong Meichen Science & Technology Co Ltd (300237) - Total Assets
Based on the latest financial reports, Shandong Meichen Science & Technology Co Ltd (300237) holds total assets worth CN¥4.37 Billion CNY (≈ $640.06 Million USD) as of March 2026. 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. Explore 300237 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Shandong Meichen Science & Technology Co Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Shandong Meichen Science & Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See 300237 net assets for net asset value and shareholders' equity analysis.
Shandong Meichen Science & Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Shandong Meichen Science & Technology Co Ltd's total assets of CN¥4.37 Billion consist of 59.1% current assets and 40.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0.8% |
| Accounts Receivable | CN¥1.01 Billion | 22.3% |
| Inventory | CN¥372.40 Million | 8.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥139.51 Million | 3.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2025)
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) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Meichen Science & Technology Co Ltd's current assets represent 59.1% of total assets in 2025, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2025, down from 3.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 9.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 22.3% 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 |
|---|---|---|
|
Hankook Tire Co.
KO:161390
|
Korea | ₩27.97 Trillion |
|
Multistrada Arah Sarana Tbk
JK:MASA
|
Indonesia | Rp513.15 Million |
|
Versigent PLC
NYSE:VGNT
|
USA | $4.91 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
China | CN¥7.26 Billion |
|
Tianrun Crankshaft Co Ltd
SHE:002283
|
China | CN¥8.26 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.63 Billion |
|
Zhejiang Changhua Auto Parts Co Ltd
SHG:605018
|
China | CN¥3.40 Billion |
|
Rayhoo Motor Dies Co Ltd
SHE:002997
|
China | CN¥7.05 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 | 0.92 | 0.95 | 1.81 |
| Quick Ratio | 0.80 | 0.87 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-230.17 Million | CN¥-215.08 Million | CN¥3.87 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 | 60.39 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -16.1% |
| Total Assets | CN¥4.51 Billion |
| Market Capitalization | $413.56 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 16.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shandong Meichen Science & Technology Co Ltd (2008–2025)
The table below shows the annual total assets of Shandong Meichen Science & Technology Co Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.51 Billion ≈ $660.54 Million |
-16.09% |
| 2024-12-31 | CN¥5.38 Billion ≈ $787.22 Million |
-35.48% |
| 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 |
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About Shandong Meichen Science & Technology Co Ltd
Shandong Meichen Technology Group Co., Ltd. engages in the research and development, design, manufacture, and sale of various fluid delivery system products and suspension vibration reduction system products in China. The company develops and produces automotive fluid delivery, vibration damping rubber, automotive suspension damping, and thermal management system products. It also engages in the … Read more