Guoguang Electric Co Ltd
Guoguang Electric Company Limited, together with its subsidiaries, engages in the audio and electroacoustic, and lithium battery businesses in Mainland China, Europe, the United States, and internationally. It operates through Electronic Components Business and Others segments. The company offers speakers, bluetooth speakers, traditional headphones, computer peripheral audio, Wi-Fi speakers, soun… Read more
Guoguang Electric Co Ltd (002045) - Total Assets
Latest total assets as of September 2025: CN¥10.87 Billion CNY
Based on the latest financial reports, Guoguang Electric Co Ltd (002045) holds total assets worth CN¥10.87 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.
Guoguang Electric Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Guoguang Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Guoguang Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guoguang Electric Co Ltd's total assets of CN¥10.87 Billion consist of 65.7% current assets and 34.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.3% |
| Accounts Receivable | CN¥2.25 Billion | 23.7% |
| Inventory | CN¥1.16 Billion | 12.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥272.87 Million | 2.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Guoguang Electric 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: Guoguang Electric Co Ltd's current assets represent 65.7% of total assets in 2024, a decrease from 69.2% in 2002.
- Cash Position: Cash and equivalents constituted 19.3% of total assets in 2024, down from 24.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 23.7% of total assets.
Guoguang Electric Co Ltd Competitors by Total Assets
Key competitors of Guoguang Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Guoguang Electric 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
Strong asset utilization - Guoguang Electric Co Ltd generates 0.83x 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, Guoguang Electric Co Ltd generates $ 2.67 in net profit.
Guoguang Electric 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 | 1.20 | 1.25 | 1.30 |
| Quick Ratio | 1.03 | 1.04 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.28 Billion | CN¥ 1.36 Billion | CN¥ 683.86 Million |
Guoguang Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guoguang Electric 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 | 1.66 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 35.6% |
| Total Assets | CN¥9.48 Billion |
| Market Capitalization | $724.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guoguang Electric Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Guoguang Electric Co Ltd's assets grew by 35.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Guoguang Electric Co Ltd (2002–2024)
The table below shows the annual total assets of Guoguang Electric Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.48 Billion | +35.61% |
| 2023-12-31 | CN¥6.99 Billion | +34.34% |
| 2022-12-31 | CN¥5.21 Billion | +7.38% |
| 2021-12-31 | CN¥4.85 Billion | +8.11% |
| 2020-12-31 | CN¥4.48 Billion | +5.81% |
| 2019-12-31 | CN¥4.24 Billion | -11.82% |
| 2018-12-31 | CN¥4.81 Billion | +15.39% |
| 2017-12-31 | CN¥4.16 Billion | +38.63% |
| 2016-12-31 | CN¥3.00 Billion | +4.41% |
| 2015-12-31 | CN¥2.88 Billion | +12.00% |
| 2014-12-31 | CN¥2.57 Billion | -1.91% |
| 2013-12-31 | CN¥2.62 Billion | +7.98% |
| 2012-12-31 | CN¥2.43 Billion | -13.03% |
| 2011-12-31 | CN¥2.79 Billion | +2.31% |
| 2010-12-31 | CN¥2.73 Billion | +53.35% |
| 2009-12-31 | CN¥1.78 Billion | +12.53% |
| 2008-12-31 | CN¥1.58 Billion | +12.49% |
| 2007-12-31 | CN¥1.40 Billion | +24.03% |
| 2006-12-31 | CN¥1.13 Billion | +20.72% |
| 2005-12-31 | CN¥937.78 Million | +57.41% |
| 2004-12-31 | CN¥595.76 Million | +35.77% |
| 2003-12-31 | CN¥438.79 Million | +11.78% |
| 2002-12-31 | CN¥392.55 Million | -- |