Minami Acoustics Ltd. A
Minami Acoustics Limited engages in the research, development, production, and sale of electro-acoustic components and devices in China. The company offers TWS/OWS, headphones, bluetooth speakers/sound bars, gaming/in-car entertainment microphones, OWS audio, birdbath/diffractive waveguide, AR interaction, hearing aids, smart rings, and moxibustion therapy audio products. It also provides esports… Read more
Minami Acoustics Ltd. A (301383) - Total Assets
Latest total assets as of June 2025: CN¥2.79 Billion CNY
Based on the latest financial reports, Minami Acoustics Ltd. A (301383) holds total assets worth CN¥2.79 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.
Minami Acoustics Ltd. A - Total Assets Trend (2021–2024)
This chart illustrates how Minami Acoustics Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Minami Acoustics Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Minami Acoustics Ltd. A's total assets of CN¥2.79 Billion consist of 79.8% current assets and 20.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.9% |
| Accounts Receivable | CN¥433.58 Million | 15.7% |
| Inventory | CN¥325.22 Million | 11.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥27.61 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Minami Acoustics Ltd. 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: Minami Acoustics Ltd. A's current assets represent 79.8% of total assets in 2024, an increase from 65.8% in 2021.
- Cash Position: Cash and equivalents constituted 22.9% of total assets in 2024, down from 25.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 15.7% of total assets.
Minami Acoustics Ltd. A Competitors by Total Assets
Key competitors of Minami Acoustics Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Minami Acoustics Ltd. 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 - Minami Acoustics Ltd. A generates 0.81x 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, Minami Acoustics Ltd. A generates $7.68 in net profit.
Minami Acoustics Ltd. 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 | 3.11 | 3.18 | 3.18 |
| Quick Ratio | 2.52 | 2.78 | 2.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.46 Billion | CN¥ 1.47 Billion | CN¥ 1.47 Billion |
Minami Acoustics Ltd. A - Advanced Valuation Insights
This section examines the relationship between Minami Acoustics Ltd. 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 | 2.82 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | CN¥2.76 Billion |
| Market Capitalization | $183.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Minami Acoustics Ltd. A's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Minami Acoustics Ltd. A's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Minami Acoustics Ltd. A (2021–2024)
The table below shows the annual total assets of Minami Acoustics Ltd. A from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.76 Billion | +7.89% |
| 2023-12-31 | CN¥2.56 Billion | +131.76% |
| 2022-12-31 | CN¥1.10 Billion | +15.25% |
| 2021-12-31 | CN¥956.71 Million | -- |