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.
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. Also see Suzhou Mingzhi Technology Co. Ltd. A (688355) market capitalisation for the company's overall valuation and market capitalisation.
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. Review Suzhou Mingzhi Technology Co. Ltd. A total liabilities to assess the company's total debt and financial obligations.
| 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. See Suzhou Mingzhi Technology Co. Ltd. A (688355) stock price for real-time trading data and today's change.
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 |
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850
|
China | CN¥11.47 Billion |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
China | CN¥3.41 Billion |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159
|
China | CN¥590.88 Million |
|
Dongguan Chitwing Technology Co Ltd
SHE:002855
|
China | CN¥1.53 Billion |
|
JL MAG RARE-EARTH H YC1
F:3KLA
|
Germany | €16.47 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 | 0.22 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | CN¥1.32 Billion |
| Market Capitalization | $291.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Mingzhi Technology Co. Ltd. A's assets below their book value (0.22x), 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