Elec-Tech International Co Ltd
Elec-Tech International Co., Ltd., together with its subsidiaries, research, develops, manufactures, and sells small household appliances and LED products in China and internationally. It offers small appliances, such as grind and brew, espresso, drip coffee maker, ice tea maker, coffee grinder, vacuum blender, personal blender, stand mixer, multi-slicer, electric kettle, fully automatic smart br… Read more
Elec-Tech International Co Ltd (002005) - Total Assets
Latest total assets as of September 2025: CN¥1.21 Billion CNY
Based on the latest financial reports, Elec-Tech International Co Ltd (002005) holds total assets worth CN¥1.21 Billion CNY 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.
Elec-Tech International Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Elec-Tech International Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elec-Tech International Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Elec-Tech International Co Ltd's total assets of CN¥1.21 Billion consist of 41.4% current assets and 58.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.4% |
| Accounts Receivable | CN¥222.80 Million | 18.0% |
| Inventory | CN¥80.82 Million | 6.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥187.33 Million | 15.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Elec-Tech International 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Elec-Tech International Co Ltd's current assets represent 41.4% of total assets in 2024, a decrease from 64.6% in 2001.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2024, up from 7.3% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 2.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.
Elec-Tech International Co Ltd Competitors by Total Assets
Key competitors of Elec-Tech International Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
China | CN¥1.47 Billion |
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Changhong Meiling Co Ltd
SHE:000521
|
China | CN¥24.06 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
Elec-Tech International Co Ltd - 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
Moderate asset utilization - Elec-Tech International Co Ltd generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Elec-Tech International Co Ltd is currently not profitable relative to its asset base.
Elec-Tech International 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 | 0.84 | 0.68 | 0.81 |
| Quick Ratio | 0.72 | 0.58 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-113.68 Million | CN¥ -256.78 Million | CN¥ -369.09 Million |
Elec-Tech International Co Ltd - Advanced Valuation Insights
This section examines the relationship between Elec-Tech International 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 | 13.48 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | -32.6% |
| Total Assets | CN¥1.24 Billion |
| Market Capitalization | $409.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elec-Tech International Co Ltd's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Elec-Tech International Co Ltd's assets decreased by 32.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Elec-Tech International Co Ltd (2001–2024)
The table below shows the annual total assets of Elec-Tech International Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.24 Billion | -32.62% |
| 2023-12-31 | CN¥1.83 Billion | -31.53% |
| 2022-12-31 | CN¥2.68 Billion | -21.90% |
| 2021-12-31 | CN¥3.43 Billion | -15.59% |
| 2020-12-31 | CN¥4.06 Billion | -24.74% |
| 2019-12-31 | CN¥5.40 Billion | -29.62% |
| 2018-12-31 | CN¥7.67 Billion | -44.98% |
| 2017-12-31 | CN¥13.94 Billion | +3.06% |
| 2016-12-31 | CN¥13.53 Billion | +0.73% |
| 2015-12-31 | CN¥13.43 Billion | +3.83% |
| 2014-12-31 | CN¥12.94 Billion | +18.47% |
| 2013-12-31 | CN¥10.92 Billion | +18.65% |
| 2012-12-31 | CN¥9.20 Billion | +35.92% |
| 2011-12-31 | CN¥6.77 Billion | +33.91% |
| 2010-12-31 | CN¥5.06 Billion | +128.09% |
| 2009-12-31 | CN¥2.22 Billion | +20.56% |
| 2008-12-31 | CN¥1.84 Billion | -3.06% |
| 2007-12-31 | CN¥1.90 Billion | +27.80% |
| 2006-12-31 | CN¥1.48 Billion | -10.37% |
| 2005-12-31 | CN¥1.66 Billion | +8.50% |
| 2004-12-31 | CN¥1.53 Billion | +66.86% |
| 2003-12-31 | CN¥914.54 Million | +56.81% |
| 2002-12-31 | CN¥583.22 Million | +29.46% |
| 2001-12-31 | CN¥450.49 Million | -- |