Mengtian Home Group Inc.
Mengtian Home Group Inc. designs, develops, produces, and sells customized wooden furniture in China. Its products include wooden doors, wall panels, and cabinets. The company offers home furnishing and furniture products. It offers its products under Mengtian brand name. The company was incorporated in 2003 and is based in Jiaxing, China. Mengtian Home Group Inc. operates as a subsidiary of Zhej… Read more
Mengtian Home Group Inc. (603216) - Total Assets
Latest total assets as of June 2025: CN¥2.21 Billion CNY
Based on the latest financial reports, Mengtian Home Group Inc. (603216) holds total assets worth CN¥2.21 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.
Mengtian Home Group Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Mengtian Home Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mengtian Home Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Mengtian Home Group Inc.'s total assets of CN¥2.21 Billion consist of 73.4% current assets and 26.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.7% |
| Accounts Receivable | CN¥48.97 Million | 2.1% |
| Inventory | CN¥103.35 Million | 4.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥34.93 Million | 1.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Mengtian Home Group Inc.'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: Mengtian Home Group Inc.'s current assets represent 73.4% of total assets in 2024, an increase from 33.1% in 2019.
- Cash Position: Cash and equivalents constituted 24.7% of total assets in 2024, up from 22.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 4.5% of total assets.
Mengtian Home Group Inc. Competitors by Total Assets
Key competitors of Mengtian Home Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Mengtian Home Group Inc. - 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 - Mengtian Home Group Inc. generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Mengtian Home Group Inc. generates $ 2.66 in net profit.
Mengtian Home Group Inc. - 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 | 3.61 | 3.03 | 2.79 |
| Quick Ratio | 3.40 | 2.85 | 2.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.13 Billion | CN¥ 1.09 Billion | CN¥ 883.04 Million |
Mengtian Home Group Inc. - Advanced Valuation Insights
This section examines the relationship between Mengtian Home Group Inc.'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 | 4.58 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | CN¥2.30 Billion |
| Market Capitalization | $350.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mengtian Home Group Inc.'s assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mengtian Home Group Inc.'s assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mengtian Home Group Inc. (2019–2024)
The table below shows the annual total assets of Mengtian Home Group Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.30 Billion | -5.35% |
| 2023-12-31 | CN¥2.43 Billion | +5.77% |
| 2022-12-31 | CN¥2.30 Billion | +1.57% |
| 2021-12-31 | CN¥2.26 Billion | +70.96% |
| 2020-12-31 | CN¥1.32 Billion | +18.51% |
| 2019-12-31 | CN¥1.12 Billion | -- |