Shandong Weida Machinery Co Ltd (002026) - Total Assets
Based on the latest financial reports, Shandong Weida Machinery Co Ltd (002026) holds total assets worth CN¥4.72 Billion CNY (≈ $690.68 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. See Shandong Weida Machinery Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Shandong Weida Machinery Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Shandong Weida Machinery Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shandong Weida Machinery Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Weida Machinery Co Ltd's total assets of CN¥4.72 Billion consist of 68.8% current assets and 31.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.8% |
| Accounts Receivable | CN¥681.04 Million | 13.3% |
| Inventory | CN¥575.12 Million | 11.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥167.62 Million | 3.3% |
| Goodwill | CN¥3.33 Million | 0.1% |
Asset Composition Trend (2001–2024)
This chart illustrates how Shandong Weida Machinery 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 Shandong Weida Machinery Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Weida Machinery Co Ltd's current assets represent 68.8% of total assets in 2024, a decrease from 76.1% in 2001.
- Cash Position: Cash and equivalents constituted 22.8% of total assets in 2024, up from 14.7% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 13.3% of total assets.
Shandong Weida Machinery Co Ltd Competitors by Total Assets
Key competitors of Shandong Weida Machinery Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Shandong Weida Machinery 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 | 3.68 | 2.70 | 3.87 |
| Quick Ratio | 2.98 | 2.24 | 3.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.33 Billion | CN¥2.10 Billion | CN¥1.72 Billion |
Shandong Weida Machinery Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Weida Machinery 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 | 1.82 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -3.6% |
| Total Assets | CN¥5.11 Billion |
| Market Capitalization | $828.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Weida Machinery Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shandong Weida Machinery Co Ltd's assets decreased by 3.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shandong Weida Machinery Co Ltd (2001–2024)
The table below shows the annual total assets of Shandong Weida Machinery Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.11 Billion ≈ $747.49 Million |
-3.58% |
| 2023-12-31 | CN¥5.30 Billion ≈ $775.28 Million |
+4.93% |
| 2022-12-31 | CN¥5.05 Billion ≈ $738.83 Million |
+3.81% |
| 2021-12-31 | CN¥4.86 Billion ≈ $711.73 Million |
+50.79% |
| 2020-12-31 | CN¥3.23 Billion ≈ $472.00 Million |
+11.94% |
| 2019-12-31 | CN¥2.88 Billion ≈ $421.64 Million |
-6.28% |
| 2018-12-31 | CN¥3.07 Billion ≈ $449.90 Million |
+4.30% |
| 2017-12-31 | CN¥2.95 Billion ≈ $431.37 Million |
+6.40% |
| 2016-12-31 | CN¥2.77 Billion ≈ $405.43 Million |
+37.16% |
| 2015-12-31 | CN¥2.02 Billion ≈ $295.60 Million |
+1.78% |
| 2014-12-31 | CN¥1.98 Billion ≈ $290.44 Million |
+90.83% |
| 2013-12-31 | CN¥1.04 Billion ≈ $152.19 Million |
+18.10% |
| 2012-12-31 | CN¥880.63 Million ≈ $128.86 Million |
+10.09% |
| 2011-12-31 | CN¥799.91 Million ≈ $117.05 Million |
+6.18% |
| 2010-12-31 | CN¥753.36 Million ≈ $110.24 Million |
+10.69% |
| 2009-12-31 | CN¥680.60 Million ≈ $99.59 Million |
+12.77% |
| 2008-12-31 | CN¥603.54 Million ≈ $88.32 Million |
-1.95% |
| 2007-12-31 | CN¥615.55 Million ≈ $90.07 Million |
+9.81% |
| 2006-12-31 | CN¥560.55 Million ≈ $82.03 Million |
-3.70% |
| 2005-12-31 | CN¥582.10 Million ≈ $85.18 Million |
+5.67% |
| 2004-12-31 | CN¥550.87 Million ≈ $80.61 Million |
+90.66% |
| 2003-12-31 | CN¥288.92 Million ≈ $42.28 Million |
+29.17% |
| 2002-12-31 | CN¥223.67 Million ≈ $32.73 Million |
+88.28% |
| 2001-12-31 | CN¥118.79 Million ≈ $17.38 Million |
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About Shandong Weida Machinery Co Ltd
Shandong Weida Machinery Co., Ltd. engages in the manufacture and sale of drill chucks in China and internationally. The company offers various types of drill chucks, including keyless chuck, keyless chuck with lock, key-type drill chuck, keyless automatic duty drill, and accessories, as well as saw blades. It also provides precision castings, such as power tools accessories, machining products, … Read more