Sinomach Precision Industry Co Ltd (002046) - Total Assets

Latest as of September 2025: CN¥7.78 Billion CNY ≈ $1.14 Billion USD

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

SHE:002046 China Specialty Industrial Machinery
Market Cap
$4.10 Billion
CN¥28.00 Billion CNY
Market Cap Rank
#4093 Global
#695 in China
Share Price
CN¥52.21
Change (1 day)
+4.13%
52-Week Range
CN¥15.39 - CN¥54.20
All Time High
CN¥54.20
About

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