Xiangyang Automobile Bearing Co Ltd (000678) - Total Assets
Based on the latest financial reports, Xiangyang Automobile Bearing Co Ltd (000678) holds total assets worth CN¥2.29 Billion CNY (≈ $334.93 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. Check Xiangyang Automobile Bearing Co Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Xiangyang Automobile Bearing Co Ltd - Total Assets Trend (1993–2024)
This chart illustrates how Xiangyang Automobile Bearing Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 000678 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Xiangyang Automobile Bearing Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xiangyang Automobile Bearing Co Ltd's total assets of CN¥2.29 Billion consist of 42.7% current assets and 57.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.1% |
| Accounts Receivable | CN¥361.75 Million | 16.2% |
| Inventory | CN¥401.65 Million | 17.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥282.35 Million | 12.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Xiangyang Automobile Bearing 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 000678 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xiangyang Automobile Bearing Co Ltd's current assets represent 42.7% of total assets in 2024, a decrease from 59.0% in 1993.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 3.3% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 10.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 17.9% of total assets.
Xiangyang Automobile Bearing Co Ltd Competitors by Total Assets
Key competitors of Xiangyang Automobile Bearing Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Xiangyang Automobile Bearing 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 | 0.73 | 0.75 | 0.85 |
| Quick Ratio | 0.43 | 0.47 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-367.09 Million | CN¥-336.24 Million | CN¥-178.91 Million |
Xiangyang Automobile Bearing Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xiangyang Automobile Bearing 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 | 8.70 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | -6.1% |
| Total Assets | CN¥2.24 Billion |
| Market Capitalization | $653.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xiangyang Automobile Bearing Co Ltd's assets below their book value (0.29x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xiangyang Automobile Bearing Co Ltd's assets decreased by 6.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xiangyang Automobile Bearing Co Ltd (1993–2024)
The table below shows the annual total assets of Xiangyang Automobile Bearing Co Ltd from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.24 Billion ≈ $327.81 Million |
-6.10% |
| 2023-12-31 | CN¥2.39 Billion ≈ $349.11 Million |
-0.58% |
| 2022-12-31 | CN¥2.40 Billion ≈ $351.13 Million |
-2.22% |
| 2021-12-31 | CN¥2.45 Billion ≈ $359.11 Million |
-5.49% |
| 2020-12-31 | CN¥2.60 Billion ≈ $379.98 Million |
-3.65% |
| 2019-12-31 | CN¥2.70 Billion ≈ $394.39 Million |
-2.20% |
| 2018-12-31 | CN¥2.76 Billion ≈ $403.25 Million |
-1.64% |
| 2017-12-31 | CN¥2.80 Billion ≈ $409.96 Million |
+8.66% |
| 2016-12-31 | CN¥2.58 Billion ≈ $377.29 Million |
+9.71% |
| 2015-12-31 | CN¥2.35 Billion ≈ $343.91 Million |
+4.82% |
| 2014-12-31 | CN¥2.24 Billion ≈ $328.08 Million |
+4.09% |
| 2013-12-31 | CN¥2.15 Billion ≈ $315.18 Million |
+63.29% |
| 2012-12-31 | CN¥1.32 Billion ≈ $193.02 Million |
+26.09% |
| 2011-12-31 | CN¥1.05 Billion ≈ $153.09 Million |
+13.81% |
| 2010-12-31 | CN¥919.18 Million ≈ $134.51 Million |
+18.07% |
| 2009-12-31 | CN¥778.50 Million ≈ $113.92 Million |
+0.03% |
| 2008-12-31 | CN¥778.24 Million ≈ $113.88 Million |
-3.46% |
| 2007-12-31 | CN¥806.11 Million ≈ $117.96 Million |
+27.17% |
| 2006-12-31 | CN¥633.89 Million ≈ $92.76 Million |
-6.29% |
| 2005-12-31 | CN¥676.46 Million ≈ $98.99 Million |
-2.15% |
| 2004-12-31 | CN¥691.35 Million ≈ $101.17 Million |
-0.22% |
| 2003-12-31 | CN¥692.88 Million ≈ $101.39 Million |
-8.38% |
| 2002-12-31 | CN¥756.24 Million ≈ $110.66 Million |
-6.78% |
| 2001-12-31 | CN¥811.28 Million ≈ $118.72 Million |
-16.52% |
| 2000-12-31 | CN¥971.79 Million ≈ $142.20 Million |
+6.28% |
| 1999-12-31 | CN¥914.34 Million ≈ $133.80 Million |
+1.32% |
| 1998-12-31 | CN¥902.45 Million ≈ $132.06 Million |
+6.65% |
| 1997-12-31 | CN¥846.21 Million ≈ $123.83 Million |
+9.42% |
| 1996-12-31 | CN¥773.34 Million ≈ $113.16 Million |
+18.02% |
| 1995-12-31 | CN¥655.27 Million ≈ $95.89 Million |
+17.49% |
| 1994-12-31 | CN¥557.73 Million ≈ $81.61 Million |
-0.71% |
| 1993-12-31 | CN¥561.72 Million ≈ $82.20 Million |
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About Xiangyang Automobile Bearing Co Ltd
Xiangyang Automobile Bearing Co., Ltd. researches, develops, manufactures, and sells automobile bearings in China. The company provides ball, TRB, CRB, NRB, CHB, CVJ, CJ, and other bearings. It also offers various bearing products in the areas of machinery, agricultural machinery, household appliances, wind power, etc. The company's products are used in heavy-duty, medium-duty, light-duty, and mi… Read more