Shengkai Innovations Inc
Shengkai Innovations, Inc., together with its subsidiaries, designs, manufactures, and distributes ceramic valves for industrial use in the People's Republic of China. The company provides ceramic valves in various categories, including gate, ball, back, adjustable, cut-off, and special valves. It also offers various services related to industrial ceramic valves consisting of manufacture, install… Read more
Shengkai Innovations Inc (VALV) - Total Assets
Latest total assets as of March 2013: $141.08 Million USD
Based on the latest financial reports, Shengkai Innovations Inc (VALV) holds total assets worth $141.08 Million USD as of March 2013.
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.
Shengkai Innovations Inc - Total Assets Trend (2006–2012)
This chart illustrates how Shengkai Innovations Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shengkai Innovations Inc - Asset Composition Analysis
Current Asset Composition (June 2012)
Shengkai Innovations Inc's total assets of $141.08 Million consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.1% |
| Accounts Receivable | $12.44 Million | 8.7% |
| Inventory | $2.75 Million | 1.9% |
| Property, Plant & Equipment | $54.07 Million | 37.7% |
| Intangible Assets | $7.06 Million | 4.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2012)
This chart illustrates how Shengkai Innovations Inc'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: Shengkai Innovations Inc's current assets represent 57.4% of total assets in 2012, a decrease from 95.5% in 2006.
- Cash Position: Cash and equivalents constituted 45.1% of total assets in 2012, down from 95.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.7% of total assets.
Shengkai Innovations Inc Competitors by Total Assets
Key competitors of Shengkai Innovations Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151
|
China | CN¥2.20 Billion |
|
Gs Global
KO:001250
|
Korea | ₩1.37 Trillion |
|
Sam Yung Tradi
KO:002810
|
Korea | ₩755.63 Billion |
|
Hae In
KO:003010
|
Korea | ₩252.85 Billion |
|
Nexgram Holdings Bhd
KLSE:0096
|
Malaysia | RM156.86 Million |
|
Playgram Co. Ltd
KO:009810
|
Korea | ₩295.37 Billion |
|
UNITRAD
KLSE:0247
|
Malaysia | RM1.16 Billion |
|
Yew Lee Pacific Group Berhad
KLSE:0248
|
Malaysia | RM82.73 Million |
Shengkai Innovations Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Shengkai Innovations Inc generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shengkai Innovations Inc generates $ 1.69 in net profit.
Shengkai Innovations Inc - 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 | 34.02 | 26.81 | 0.34 |
| Quick Ratio | 33.06 | 25.86 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $80.60 Million | $ 79.23 Million | $ -29.41K |
Shengkai Innovations Inc - Advanced Valuation Insights
This section examines the relationship between Shengkai Innovations Inc'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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $143.60 Million |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values Shengkai Innovations Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shengkai Innovations Inc's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shengkai Innovations Inc (2006–2012)
The table below shows the annual total assets of Shengkai Innovations Inc from 2006 to 2012.
| Year | Total Assets | Change |
|---|---|---|
| 2012-06-30 | $143.60 Million | +1.52% |
| 2011-06-30 | $141.45 Million | +67.19% |
| 2010-06-30 | $84.61 Million | +40.42% |
| 2009-06-30 | $60.25 Million | +51.51% |
| 2008-06-30 | $39.77 Million | +681662.51% |
| 2007-06-30 | $5.83K | -79.17% |
| 2006-06-30 | $28.00K | -- |