ML System S.A. (MLS) - Total Assets
Based on the latest financial reports, ML System S.A. (MLS) holds total assets worth zł502.13 Million PLN (≈ $138.19 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 MLS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
ML System S.A. - Total Assets Trend (2014–2024)
This chart illustrates how ML System S.A.'s total assets have evolved over time, based on quarterly financial data. See ML System S.A. (MLS) net assets for net asset value and shareholders' equity analysis.
ML System S.A. - Asset Composition Analysis
Current Asset Composition (December 2024)
ML System S.A.'s total assets of zł502.13 Million consist of 16.4% current assets and 83.6% non-current assets.
| Asset Category | Amount (PLN) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | zł0.00 | 1.2% |
| Accounts Receivable | zł45.26 Million | 9.1% |
| Inventory | zł28.38 Million | 5.7% |
| Property, Plant & Equipment | zł0.00 | 0.0% |
| Intangible Assets | zł30.53 Million | 6.2% |
| Goodwill | zł15.00K | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how ML System S.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 ML System S.A. market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ML System S.A.'s current assets represent 16.4% of total assets in 2024, a decrease from 37.8% in 2014.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, down from 8.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 5.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 9.1% of total assets.
ML System S.A. Competitors by Total Assets
Key competitors of ML System S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥186.99 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥102.22 Billion |
|
Trina Solar Co Ltd
SHG:688599
|
China | CN¥116.15 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥16.28 Billion |
|
Zhejiang Xinneng Photovoltaic Technology Co Ltd
SHG:603105
|
China | CN¥4.64 Billion |
|
EGing Photovoltaic Technology Co Ltd
SHG:600537
|
China | CN¥3.96 Billion |
|
Solartron Public Company Limited
BK:SOLAR
|
Thailand | ฿1.56 Billion |
|
HODL SPAC EUROPE AB
F:NW1
|
Germany | €37.92 Million |
ML System S.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 | 0.49 | 0.78 | 1.86 |
| Quick Ratio | 0.32 | 0.50 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | zł-99.38 Million | zł-30.16 Million | zł54.84 Million |
ML System S.A. - Advanced Valuation Insights
This section examines the relationship between ML System S.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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -14.2% |
| Total Assets | zł496.42 Million |
| Market Capitalization | $30.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values ML System S.A.'s assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ML System S.A.'s assets decreased by 14.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ML System S.A. (2014–2024)
The table below shows the annual total assets of ML System S.A. from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | zł496.42 Million ≈ $136.62 Million |
-14.21% |
| 2023-12-31 | zł578.68 Million ≈ $159.26 Million |
+34.20% |
| 2022-12-31 | zł431.19 Million ≈ $118.67 Million |
+10.50% |
| 2021-12-31 | zł390.21 Million ≈ $107.39 Million |
+28.56% |
| 2020-12-31 | zł303.53 Million ≈ $83.54 Million |
+40.40% |
| 2019-12-31 | zł216.19 Million ≈ $59.50 Million |
+20.54% |
| 2018-12-31 | zł179.35 Million ≈ $49.36 Million |
+32.38% |
| 2017-12-31 | zł135.48 Million ≈ $37.29 Million |
+46.82% |
| 2016-12-31 | zł92.28 Million ≈ $25.40 Million |
+13.94% |
| 2015-12-31 | zł80.99 Million ≈ $22.29 Million |
+105.16% |
| 2014-12-31 | zł39.48 Million ≈ $10.86 Million |
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About ML System S.A.
ML System S.A. produces and sale of flat glass and glass-photovoltaic panels in Poland. The company offers PV, building integrated photovoltaics (BIPV), Ultra PV, and semi-flexible PV modules; smart city products, including photovoltaic terrace shelters, car parking roofing, and lamp, as well as smart pylon, intelligent bus shelter, and smart benches; intelligent heating glass, glass with an acti… Read more