Shenzhen Minkave Technology Co Ltd
Shenzhen Minkave Technology Co., Ltd. engages in landscape lighting engineering business in China. It is involved in the design and construction of lighting projects; and production of related lighting products; research, development, production, sales activities; contract energy management business, undertaking lighting engineering design, construction, EMC, smart street lights and cultural tour… Read more
Shenzhen Minkave Technology Co Ltd (300506) - Total Assets
Latest total assets as of June 2025: CN¥683.34 Million CNY
Based on the latest financial reports, Shenzhen Minkave Technology Co Ltd (300506) holds total assets worth CN¥683.34 Million 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.
Shenzhen Minkave Technology Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Shenzhen Minkave Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shenzhen Minkave Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Minkave Technology Co Ltd's total assets of CN¥683.34 Million consist of 77.5% current assets and 22.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.9% |
| Accounts Receivable | CN¥306.79 Million | 38.7% |
| Inventory | CN¥13.31 Million | 1.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥12.67 Million | 1.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Shenzhen Minkave 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Minkave Technology Co Ltd's current assets represent 77.5% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 19.9% of total assets in 2024, down from 24.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 38.7% of total assets.
Shenzhen Minkave Technology Co Ltd Competitors by Total Assets
Key competitors of Shenzhen Minkave Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Shenzhen Minkave Technology Co Ltd - 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
Lower asset utilization - Shenzhen Minkave Technology Co Ltd generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shenzhen Minkave Technology Co Ltd is currently not profitable relative to its asset base.
Shenzhen Minkave 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 | 0.78 | 0.86 | 1.99 |
| Quick Ratio | 0.76 | 0.85 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-143.49 Million | CN¥ -92.25 Million | CN¥ 1.33 Billion |
Shenzhen Minkave Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shenzhen Minkave 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 | 184.18 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -18.5% |
| Total Assets | CN¥792.73 Million |
| Market Capitalization | $365.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Minkave Technology Co Ltd's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shenzhen Minkave Technology Co Ltd's assets decreased by 18.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shenzhen Minkave Technology Co Ltd (2011–2024)
The table below shows the annual total assets of Shenzhen Minkave Technology Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥792.73 Million | -18.48% |
| 2023-12-31 | CN¥972.49 Million | -34.17% |
| 2022-12-31 | CN¥1.48 Billion | -34.73% |
| 2021-12-31 | CN¥2.26 Billion | -25.94% |
| 2020-12-31 | CN¥3.06 Billion | -24.98% |
| 2019-12-31 | CN¥4.07 Billion | +19.18% |
| 2018-12-31 | CN¥3.42 Billion | +112.18% |
| 2017-12-31 | CN¥1.61 Billion | +73.47% |
| 2016-12-31 | CN¥928.66 Million | +59.54% |
| 2015-12-31 | CN¥582.07 Million | +29.57% |
| 2014-12-31 | CN¥449.25 Million | +42.73% |
| 2013-12-31 | CN¥314.75 Million | +47.87% |
| 2012-12-31 | CN¥212.85 Million | +98.69% |
| 2011-12-31 | CN¥107.13 Million | -- |