Suzhou Mingzhi Technology Co. Ltd. A Total Assets
Suzhou Mingzhi Technology Co. Ltd. A total assets. Based on the latest financial reports, Suzhou Mingzhi Technology Co. Ltd. A (688355) holds total assets worth CN¥1.39 Billion CNY (≈ $202.71 Million USD) as of September 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. Also see Suzhou Mingzhi Technology Co. Ltd. A (688355) cash flow conversion for how efficiently the company converts equity into cash flow.
Total Assets of Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
Total assets of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024. This chart illustrates how Suzhou Mingzhi Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See 688355 live share price for real-time trading data and today's change.
Suzhou Mingzhi Technology Co. Ltd. A - Asset Composition Analysis
Suzhou Mingzhi Technology Co. Ltd. A Total Assets Breakdown (December 2024)
Suzhou Mingzhi Technology Co. Ltd. A total assets breakdown as of December 2024. Suzhou Mingzhi Technology Co. Ltd. A's total assets of CN¥1.39 Billion consist of 65.6% current assets and 34.4% non-current assets. Explore Suzhou Mingzhi Technology Co. Ltd. A (688355) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.9% |
| Accounts Receivable | CN¥167.00 Million | 12.6% |
| Inventory | CN¥139.37 Million | 10.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥29.52 Million | 2.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Suzhou Mingzhi Technology 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: Suzhou Mingzhi Technology Co. Ltd. A's current assets represent 65.6% of total assets in 2024, a decrease from 70.7% in 2017.
- Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, down from 10.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 12.6% of total assets.
Suzhou Mingzhi Technology Co. Ltd. A Competitors by Total Assets
Key competitors of Suzhou Mingzhi Technology Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mueller Industries Inc
NYSE:MLI
|
USA | $4.26 Billion |
|
Carpenter Technology Corporation
NYSE:CRS
|
USA | $3.68 Billion |
|
Aurubis AG
XETRA:NDA
|
Germany | €9.82 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥9.06 Billion |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
China | CN¥5.13 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
China | CN¥939.76 Million |
Suzhou Mingzhi Technology 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 | 3.26 | 3.57 | 1.86 |
| Quick Ratio | 2.80 | 2.81 | 1.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥660.86 Million | CN¥644.14 Million | CN¥262.67 Million |
Suzhou Mingzhi Technology Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Suzhou Mingzhi Technology 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 | 2.39 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | CN¥1.32 Billion |
| Market Capitalization | $270.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Mingzhi Technology Co. Ltd. A's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Suzhou Mingzhi Technology Co. Ltd. A's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
The table below shows the annual total assets of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.32 Billion ≈ $193.84 Million |
-4.43% |
| 2023-12-31 | CN¥1.39 Billion ≈ $202.83 Million |
-5.23% |
| 2022-12-31 | CN¥1.46 Billion ≈ $214.02 Million |
+4.09% |
| 2021-12-31 | CN¥1.41 Billion ≈ $205.61 Million |
+79.31% |
| 2020-12-31 | CN¥783.58 Million ≈ $114.66 Million |
+5.49% |
| 2019-12-31 | CN¥742.81 Million ≈ $108.70 Million |
+9.99% |
| 2018-12-31 | CN¥675.35 Million ≈ $98.82 Million |
+18.65% |
| 2017-12-31 | CN¥569.18 Million ≈ $83.29 Million |
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About Suzhou Mingzhi Technology Co. Ltd. A
Suzhou Mingzhi Technology Co., Ltd. engages in the research and development, manufacture, and sales of casting equipment in the People's Republic of China. It provides core shop products, including core shooters; gassing units; sand preparation systems; tooling products, such as permanent molds, semi permanents molds, fixtures, and core boxes; and in line, core centers, and inorganic process core… Read more