Sinomach Precision Industry Co Ltd (002046) - Total Assets
Based on the latest financial reports, Sinomach Precision Industry Co Ltd (002046) holds total assets worth CN¥7.78 Billion CNY (≈ $1.14 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 Sinomach Precision Industry Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Sinomach Precision Industry Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Sinomach Precision Industry Co Ltd's total assets have evolved over time, based on quarterly financial data.
Sinomach Precision Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sinomach Precision Industry Co Ltd's total assets of CN¥7.78 Billion consist of 53.1% current assets and 46.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.4% |
| Accounts Receivable | CN¥1.47 Billion | 23.7% |
| Inventory | CN¥582.38 Million | 9.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥217.97 Million | 3.5% |
| Goodwill | CN¥16.46 Million | 0.3% |
Asset Composition Trend (2002–2024)
This chart illustrates how Sinomach Precision Industry 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 002046 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sinomach Precision Industry Co Ltd's current assets represent 53.1% of total assets in 2024, a decrease from 79.9% in 2002.
- Cash Position: Cash and equivalents constituted 16.4% of total assets in 2024, down from 36.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% 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.
Sinomach Precision Industry Co Ltd Competitors by Total Assets
Key competitors of Sinomach Precision Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
Sinomach Precision Industry 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 | 3.09 | 2.03 | 1.95 |
| Quick Ratio | 2.47 | 1.55 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.10 Billion | CN¥1.46 Billion | CN¥1.21 Billion |
Sinomach Precision Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Sinomach Precision Industry 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 | 6.45 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | CN¥6.19 Billion |
| Market Capitalization | $4.10 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sinomach Precision Industry Co Ltd's assets below their book value (0.66x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sinomach Precision Industry Co Ltd's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sinomach Precision Industry Co Ltd (2002–2024)
The table below shows the annual total assets of Sinomach Precision Industry Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.19 Billion ≈ $906.12 Million |
+19.86% |
| 2023-12-31 | CN¥5.17 Billion ≈ $755.99 Million |
-1.63% |
| 2022-12-31 | CN¥5.25 Billion ≈ $768.49 Million |
+6.62% |
| 2021-12-31 | CN¥4.93 Billion ≈ $720.78 Million |
+3.98% |
| 2020-12-31 | CN¥4.74 Billion ≈ $693.16 Million |
+2.59% |
| 2019-12-31 | CN¥4.62 Billion ≈ $675.68 Million |
+0.84% |
| 2018-12-31 | CN¥4.58 Billion ≈ $670.08 Million |
+22.42% |
| 2017-12-31 | CN¥3.74 Billion ≈ $547.35 Million |
+59.83% |
| 2016-12-31 | CN¥2.34 Billion ≈ $342.45 Million |
+4.35% |
| 2015-12-31 | CN¥2.24 Billion ≈ $328.18 Million |
-2.07% |
| 2014-12-31 | CN¥2.29 Billion ≈ $335.13 Million |
+11.75% |
| 2013-12-31 | CN¥2.05 Billion ≈ $299.88 Million |
+8.52% |
| 2012-12-31 | CN¥1.89 Billion ≈ $276.34 Million |
+59.22% |
| 2011-12-31 | CN¥1.19 Billion ≈ $173.55 Million |
+37.33% |
| 2010-12-31 | CN¥863.65 Million ≈ $126.38 Million |
+20.86% |
| 2009-12-31 | CN¥714.61 Million ≈ $104.57 Million |
+59.45% |
| 2008-12-31 | CN¥448.17 Million ≈ $65.58 Million |
+14.10% |
| 2007-12-31 | CN¥392.80 Million ≈ $57.48 Million |
+10.63% |
| 2006-12-31 | CN¥355.06 Million ≈ $51.96 Million |
+7.71% |
| 2005-12-31 | CN¥329.63 Million ≈ $48.24 Million |
+94.17% |
| 2004-12-31 | CN¥169.77 Million ≈ $24.84 Million |
+25.94% |
| 2003-12-31 | CN¥134.80 Million ≈ $19.73 Million |
+4.15% |
| 2002-12-31 | CN¥129.43 Million ≈ $18.94 Million |
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About Sinomach Precision Industry Co Ltd
Sinomach Precision Industry Group Co., Ltd. engages in the research, development, manufacture, and sale of bearings, abrasives, and grinding tools in China. It offers bearing products, bearing manufacturing equipment, electric spindle and spindle units, and bearing inspection and analysis, as well as industry standard formulation and revision, bearing industry training, bearing trade, and other s… Read more