MGI Tech Co (SHSE:688114) Total Assets: ¥9,965 Mil (As of Mar. 2026)

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SHSE:688114 MGI Tech Co Ltd SHSE:688114
71 GF Score
Price ¥49.77
GF Value ¥66.63
Valuation Modestly Undervalued
! 3 Warning Signs
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What is MGI Tech Co Total Assets?

MGI Tech Co SHSE:688114 -0.10% 71 Total Assets is ¥9,965 Mil as of Mar. 2026. GuruFocus rates SHSE:688114 with a GF Score™ of 71/100 and a GF Value™ of ¥66.63 (Modestly Undervalued). The stock has 3 warning signs investors should review.

MGI Tech Co's Total Assets for the quarter that ended in Mar. 2026 was ¥9,965 Mil.

During the past 12 months, MGI Tech Co's average Total Assets Growth Rate was -3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 11.00% per year. During the past 5 years, the average Total Assets Growth Rate was 17.50% per year.

During the past 9 years, MGI Tech Co's highest 3-Year average Total Assets Growth Rate was 27.70%. The lowest was -4.20%. And the median was 15.25%.

Total Assets is connected with ROA %. MGI Tech Co's annualized ROA % for the quarter that ended in Mar. 2026 was -4.17%. Total Assets is also linked to Revenue through Asset Turnover. MGI Tech Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.06.


MGI Tech Co  (SHSE:688114) Total Assets Explanation

Total Assets is connected with ROA %.

MGI Tech Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-420.744/( (10201.939+9964.885)/ 2 )
=-420.744/10083.412
=-4.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MGI Tech Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=585.344/( (10201.939+9964.885)/ 2 )
=585.344/10083.412
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MGI Tech Co Total Assets Related Terms


MGI Tech Co Total Assets Historical Data

* Premium members only.

The historical data trend for MGI Tech Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGI Tech Co Total Assets Chart

MGI Tech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only 5,943.22 11,218.32 10,557.09 10,314.86 10,201.94

MGI Tech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,318.54 10,258.64 10,128.03 10,201.94 9,964.89
SHSE:688114
71GF Score
MGI Tech Co Ltd SHSE:688114
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MGI Tech Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MGI Tech Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=7650.941+2550.998
=10,202

MGI Tech Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=7092.035+2872.85
=9,965

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ¥9,965 Mil mean?
MGI Tech Co (SHSE:688114) has a Total Assets of ¥9,965 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on MGI Tech Co and its competitors.
Is MGI Tech Co's Total Assets too high?
MGI Tech Co's current Total Assets is ¥9,965 Mil. Overall, MGI Tech Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGI Tech Co's Total Assets compare to ABT and SYK?
MGI Tech Co's Total Assets of ¥9,965 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Medical Devices & Instruments company?
A good Total Assets depends on the Medical Devices & Instruments industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on MGI Tech Co and its competitors. MGI Tech Co's current Total Assets is ¥9,965 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGI Tech Co stock overvalued right now?
Based on GuruFocus' analysis, MGI Tech Co (SHSE:688114) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥66.63, compared to a current price of ¥49.77 — trading 25.3% below its estimated fair value. The current Total Assets is ¥9,965 Mil. MGI Tech Co's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For MGI Tech Co (SHSE:688114), the current Total Assets is ¥9,965 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGI Tech Co (SHSE:688114) Overvalued in 2026?

Based on GuruFocus' analysis, MGI Tech Co stock appears to be undervalued. The current stock price of ¥49.77 is trading 25.3% below its estimated GF Value™ of ¥66.63. GuruFocus considers MGI Tech Co to be Modestly Undervalued.

Key valuation signals for SHSE:688114:

  • Total Assets: ¥9,965 Mil
  • GF Value™: ¥66.63 vs. price of ¥49.77 (25.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MGI Tech Co Business Description

Address Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare, and other relevant industries.
71GF Score

Get the complete analysis for SHSE:688114

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥49.77
Price
¥66.63
GF Value