Wanxiang Qianchao Co Ltd (000559) - Total Assets
Based on the latest financial reports, Wanxiang Qianchao Co Ltd (000559) holds total assets worth CN¥24.64 Billion CNY (≈ $3.61 Billion 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. See 000559 book value for net asset value and shareholders' equity analysis.
Wanxiang Qianchao Co Ltd - Total Assets Trend (1991–2024)
This chart illustrates how Wanxiang Qianchao Co Ltd's total assets have evolved over time, based on quarterly financial data.
Wanxiang Qianchao Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wanxiang Qianchao Co Ltd's total assets of CN¥24.64 Billion consist of 63.9% current assets and 36.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.4% |
| Accounts Receivable | CN¥4.00 Billion | 17.9% |
| Inventory | CN¥3.54 Billion | 15.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥246.15 Million | 1.1% |
| Goodwill | CN¥31.88K | 0.0% |
Asset Composition Trend (1991–2024)
This chart illustrates how Wanxiang Qianchao Co Ltd'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 how much is Wanxiang Qianchao Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wanxiang Qianchao Co Ltd's current assets represent 63.9% of total assets in 2024, a decrease from 69.2% in 1991.
- Cash Position: Cash and equivalents constituted 27.4% of total assets in 2024, up from 0.0% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is accounts receivable at 17.9% of total assets.
Wanxiang Qianchao Co Ltd Competitors by Total Assets
Key competitors of Wanxiang Qianchao Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥17.41 Billion |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
China | CN¥7.43 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.67 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
China | CN¥1.59 Billion |
Wanxiang Qianchao Co Ltd - 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 | 1.28 | 1.27 | 1.82 |
| Quick Ratio | 1.01 | 1.00 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.65 Billion | CN¥2.95 Billion | CN¥4.72 Billion |
Wanxiang Qianchao Co Ltd - Advanced Valuation Insights
This section examines the relationship between Wanxiang Qianchao Co Ltd'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 | 7.16 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | CN¥22.30 Billion |
| Market Capitalization | $7.81 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Wanxiang Qianchao Co Ltd's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wanxiang Qianchao Co Ltd's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wanxiang Qianchao Co Ltd (1991–2024)
The table below shows the annual total assets of Wanxiang Qianchao Co Ltd from 1991 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.30 Billion ≈ $3.26 Billion |
+6.73% |
| 2023-12-31 | CN¥20.89 Billion ≈ $3.06 Billion |
+8.87% |
| 2022-12-31 | CN¥19.19 Billion ≈ $2.81 Billion |
+14.07% |
| 2021-12-31 | CN¥16.82 Billion ≈ $2.46 Billion |
+8.59% |
| 2020-12-31 | CN¥15.49 Billion ≈ $2.27 Billion |
+28.78% |
| 2019-12-31 | CN¥12.03 Billion ≈ $1.76 Billion |
-0.17% |
| 2018-12-31 | CN¥12.05 Billion ≈ $1.76 Billion |
+4.50% |
| 2017-12-31 | CN¥11.53 Billion ≈ $1.69 Billion |
+0.10% |
| 2016-12-31 | CN¥11.52 Billion ≈ $1.69 Billion |
-9.64% |
| 2015-12-31 | CN¥12.75 Billion ≈ $1.87 Billion |
+7.09% |
| 2014-12-31 | CN¥11.90 Billion ≈ $1.74 Billion |
+22.18% |
| 2013-12-31 | CN¥9.74 Billion ≈ $1.43 Billion |
+13.77% |
| 2012-12-31 | CN¥8.56 Billion ≈ $1.25 Billion |
-2.74% |
| 2011-12-31 | CN¥8.80 Billion ≈ $1.29 Billion |
+8.99% |
| 2010-12-31 | CN¥8.08 Billion ≈ $1.18 Billion |
+39.06% |
| 2009-12-31 | CN¥5.81 Billion ≈ $850.10 Million |
+0.03% |
| 2008-12-31 | CN¥5.81 Billion ≈ $849.85 Million |
+5.78% |
| 2007-12-31 | CN¥5.49 Billion ≈ $803.44 Million |
+6.03% |
| 2006-12-31 | CN¥5.18 Billion ≈ $757.77 Million |
+3.95% |
| 2005-12-31 | CN¥4.98 Billion ≈ $728.94 Million |
+13.05% |
| 2004-12-31 | CN¥4.41 Billion ≈ $644.80 Million |
+41.74% |
| 2003-12-31 | CN¥3.11 Billion ≈ $454.92 Million |
+24.31% |
| 2002-12-31 | CN¥2.50 Billion ≈ $365.94 Million |
+20.88% |
| 2001-12-31 | CN¥2.07 Billion ≈ $302.73 Million |
+29.89% |
| 2000-12-31 | CN¥1.59 Billion ≈ $233.07 Million |
+15.54% |
| 1999-12-31 | CN¥1.38 Billion ≈ $201.71 Million |
+11.78% |
| 1998-12-31 | CN¥1.23 Billion ≈ $180.46 Million |
+35.14% |
| 1997-12-31 | CN¥912.58 Million ≈ $133.54 Million |
+21.93% |
| 1996-12-31 | CN¥748.42 Million ≈ $109.52 Million |
+114.65% |
| 1995-12-31 | CN¥348.68 Million ≈ $51.02 Million |
+22.76% |
| 1994-12-31 | CN¥284.02 Million ≈ $41.56 Million |
+20.95% |
| 1993-12-31 | CN¥234.82 Million ≈ $34.36 Million |
+111.25% |
| 1992-12-31 | CN¥111.15 Million ≈ $16.27 Million |
+50.40% |
| 1991-12-31 | CN¥73.91 Million ≈ $10.81 Million |
-- |
About Wanxiang Qianchao Co Ltd
Wanxiang Qianchao Co.,Ltd. engages in research and development, manufacture, and sale of auto parts in China and internationally. It offers roller, needle, and seal products; wheel bearing unit products; shock absorber assembly products; precision forging; bearing products; fuel tank and exhaust muffler system; automotive electronic; universal joint assembly; braking system products; constant spe… Read more