Mingyue Optical Lens Co.Ltd.
Mingyue Optical Lens Co.,Ltd. engages in the research and development, design, and production of lenses, lens raw materials, finished mirrors, frames, and other products in China and internationally. The company offers high refractive index, dual blue light protection, PMC super bright, KR super tough, polarized, intelligent color changing, and progressive multifocus lenses; and customized functi… Read more
Mingyue Optical Lens Co.Ltd. (301101) - Total Assets
Latest total assets as of June 2025: CN¥1.92 Billion CNY
Based on the latest financial reports, Mingyue Optical Lens Co.Ltd. (301101) holds total assets worth CN¥1.92 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.
Mingyue Optical Lens Co.Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Mingyue Optical Lens Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mingyue Optical Lens Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Mingyue Optical Lens Co.Ltd.'s total assets of CN¥1.92 Billion consist of 82.6% current assets and 17.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 69.2% |
| Accounts Receivable | CN¥109.15 Million | 5.9% |
| Inventory | CN¥89.90 Million | 4.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥45.92 Million | 2.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Mingyue Optical Lens 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: Mingyue Optical Lens Co.Ltd.'s current assets represent 82.6% of total assets in 2024, an increase from 65.7% in 2019.
- Cash Position: Cash and equivalents constituted 69.2% of total assets in 2024, up from 23.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 5.9% of total assets.
Mingyue Optical Lens Co.Ltd. Competitors by Total Assets
Key competitors of Mingyue Optical Lens Co.Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
|
LKL International Bhd
KLSE:0182
|
Malaysia | RM173.46 Million |
Mingyue Optical Lens 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
Moderate asset utilization - Mingyue Optical Lens Co.Ltd. generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Mingyue Optical Lens Co.Ltd. generates $9.50 in net profit.
Mingyue Optical Lens 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 | 9.65 | 10.08 | 11.29 |
| Quick Ratio | 9.10 | 9.48 | 10.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.38 Billion | CN¥ 1.32 Billion | CN¥ 1.26 Billion |
Mingyue Optical Lens Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Mingyue Optical Lens 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 | 4.73 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 6.2% |
| Total Assets | CN¥1.86 Billion |
| Market Capitalization | $286.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mingyue Optical Lens Co.Ltd.'s assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Mingyue Optical Lens Co.Ltd.'s assets grew by 6.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Mingyue Optical Lens Co.Ltd. (2019–2024)
The table below shows the annual total assets of Mingyue Optical Lens Co.Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.86 Billion | +6.18% |
| 2023-12-31 | CN¥1.75 Billion | +5.62% |
| 2022-12-31 | CN¥1.66 Billion | +4.02% |
| 2021-12-31 | CN¥1.60 Billion | +127.74% |
| 2020-12-31 | CN¥700.52 Million | +11.53% |
| 2019-12-31 | CN¥628.12 Million | -- |