MGI Tech Co. Ltd. A
MGI Tech Co., Ltd. engages in the research, development, production, and sale of DNA sequencing instruments, reagents, and related products for precision medicine, agriculture, healthcare, and other relevant industries in China and internationally. Its products include sequencers, such as genetic sequencers, sequencing reagents, library prep kits multiplex immunofluorescence reagent staining sets… Read more
MGI Tech Co. Ltd. A (688114) - Total Assets
Latest total assets as of June 2025: CN¥10.26 Billion CNY
Based on the latest financial reports, MGI Tech Co. Ltd. A (688114) holds total assets worth CN¥10.26 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.
MGI Tech Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how MGI Tech Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MGI Tech Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
MGI Tech Co. Ltd. A's total assets of CN¥10.26 Billion consist of 63.2% current assets and 36.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.1% |
| Accounts Receivable | CN¥1.48 Billion | 14.3% |
| Inventory | CN¥1.12 Billion | 10.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥625.03 Million | 6.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how MGI Tech Co. 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: MGI Tech Co. Ltd. A's current assets represent 63.2% of total assets in 2024, a decrease from 77.6% in 2020.
- Cash Position: Cash and equivalents constituted 22.1% of total assets in 2024, down from 45.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 11.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 14.3% of total assets.
MGI Tech Co. Ltd. A Competitors by Total Assets
Key competitors of MGI Tech Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
MGI Tech Co. 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
Lower asset utilization - MGI Tech Co. Ltd. A generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MGI Tech Co. Ltd. A is currently not profitable relative to its asset base.
MGI Tech Co. 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 | 4.26 | 5.81 | 6.45 |
| Quick Ratio | 3.45 | 4.81 | 5.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.95 Billion | CN¥ 5.23 Billion | CN¥ 6.90 Billion |
MGI Tech Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between MGI Tech Co. 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 | 3.52 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -2.3% |
| Total Assets | CN¥10.31 Billion |
| Market Capitalization | $1.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MGI Tech Co. Ltd. A's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MGI Tech Co. Ltd. A's assets decreased by 2.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MGI Tech Co. Ltd. A (2020–2024)
The table below shows the annual total assets of MGI Tech Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.31 Billion | -2.29% |
| 2023-12-31 | CN¥10.56 Billion | -5.89% |
| 2022-12-31 | CN¥11.22 Billion | +88.76% |
| 2021-12-31 | CN¥5.94 Billion | -3.81% |
| 2020-12-31 | CN¥6.18 Billion | -- |