Suzhou Mingzhi Technology Co. Ltd. A (688355) - 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. Explore cash flow to debt ratio of Suzhou Mingzhi Technology Co. Ltd. A to assess how comfortably operating cash covers total debt obligations.
Suzhou Mingzhi Technology Co. Ltd. A - Total Assets Trend (2017–2024)
This chart illustrates how Suzhou Mingzhi Technology Co. Ltd. A's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Suzhou Mingzhi Technology Co. Ltd. A for net asset value and shareholders' equity analysis.
Suzhou Mingzhi Technology Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (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.
| 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. For live market cap, price, and company overview, see Suzhou Mingzhi Technology Co. Ltd. A (688355) total market value.
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 |
|---|---|---|
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥9.06 Billion |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
China | CN¥2.04 Billion |
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Guangzheng Group Co Ltd
SHE:002524
|
China | CN¥1.21 Billion |
|
Lee Chi Enterprises Co Ltd
TW:1517
|
Taiwan | NT$4.22 Billion |
|
AML3D Ltd
AU:AL3
|
Australia | AU$37.55 Million |
|
Korvest Ltd
AU:KOV
|
Australia | AU$91.44 Million |
|
RHI Magnesita NV
VI:RHIM
|
Austria | €4.42 Billion |
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 | 0.21 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | CN¥1.32 Billion |
| Market Capitalization | $280.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Mingzhi Technology Co. Ltd. A's assets below their book value (0.21x), 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