Ningbo Huaxiang Electronic Co Ltd Total Assets
Ningbo Huaxiang Electronic Co Ltd total assets. Based on the latest financial reports, Ningbo Huaxiang Electronic Co Ltd (002048) holds total assets worth CN¥26.20 Billion CNY (≈ $3.83 Billion USD) as of March 2026. 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. Also see Ningbo Huaxiang Electronic Co Ltd (002048) total market value for the company's overall valuation and market capitalisation.
Total Assets of Ningbo Huaxiang Electronic Co Ltd (2002–2025)
Total assets of Ningbo Huaxiang Electronic Co Ltd from 2002 to 2025. This chart illustrates how Ningbo Huaxiang Electronic Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002048 share price today for real-time trading data and today's change.
Ningbo Huaxiang Electronic Co Ltd - Asset Composition Analysis
Ningbo Huaxiang Electronic Co Ltd Total Assets Breakdown (December 2025)
Ningbo Huaxiang Electronic Co Ltd total assets breakdown as of December 2025. Ningbo Huaxiang Electronic Co Ltd's total assets of CN¥26.20 Billion consist of 54.5% current assets and 45.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 9.6% |
| Accounts Receivable | CN¥7.44 Billion | 27.4% |
| Inventory | CN¥2.12 Billion | 7.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥542.50 Million | 2.0% |
| Goodwill | CN¥938.22 Million | 3.5% |
Asset Composition Trend (2002–2025)
This chart illustrates how Ningbo Huaxiang Electronic 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. Explore 002048 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Huaxiang Electronic Co Ltd's current assets represent 54.5% of total assets in 2025, an increase from 43.7% in 2002.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2025, up from 7.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 5.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 27.4% of total assets.
Ningbo Huaxiang Electronic Co Ltd Competitors by Total Assets
Key competitors of Ningbo Huaxiang Electronic Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
USA | $1.31 Billion |
|
Continental Aktiengesellschaft
F:CON
|
Germany | €17.79 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Supply Network Ltd
AU:SNL
|
Australia | AU$255.79 Million |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Hankook Tire Worldwide
KO:000240
|
Korea | ₩5.04 Trillion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.85 Billion |
Ningbo Huaxiang Electronic 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 | 1.24 | 1.17 | 1.70 |
| Quick Ratio | 1.06 | 0.94 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.71 Billion | CN¥2.15 Billion | CN¥4.31 Billion |
Ningbo Huaxiang Electronic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Huaxiang Electronic 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 | 1.32 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -6.7% |
| Total Assets | CN¥27.19 Billion |
| Market Capitalization | $2.07 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Huaxiang Electronic Co Ltd's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ningbo Huaxiang Electronic Co Ltd's assets decreased by 6.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ningbo Huaxiang Electronic Co Ltd (2002–2025)
The table below shows the annual total assets of Ningbo Huaxiang Electronic Co Ltd from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥27.19 Billion ≈ $3.98 Billion |
-6.73% |
| 2024-12-31 | CN¥29.16 Billion ≈ $4.27 Billion |
+7.03% |
| 2023-12-31 | CN¥27.24 Billion ≈ $3.99 Billion |
+18.18% |
| 2022-12-31 | CN¥23.05 Billion ≈ $3.37 Billion |
+5.50% |
| 2021-12-31 | CN¥21.85 Billion ≈ $3.20 Billion |
+13.34% |
| 2020-12-31 | CN¥19.28 Billion ≈ $2.82 Billion |
+12.53% |
| 2019-12-31 | CN¥17.13 Billion ≈ $2.51 Billion |
+5.34% |
| 2018-12-31 | CN¥16.26 Billion ≈ $2.38 Billion |
+0.36% |
| 2017-12-31 | CN¥16.20 Billion ≈ $2.37 Billion |
+19.86% |
| 2016-12-31 | CN¥13.52 Billion ≈ $1.98 Billion |
+28.41% |
| 2015-12-31 | CN¥10.53 Billion ≈ $1.54 Billion |
+22.52% |
| 2014-12-31 | CN¥8.59 Billion ≈ $1.26 Billion |
+21.53% |
| 2013-12-31 | CN¥7.07 Billion ≈ $1.03 Billion |
+35.14% |
| 2012-12-31 | CN¥5.23 Billion ≈ $765.67 Million |
+19.39% |
| 2011-12-31 | CN¥4.38 Billion ≈ $641.33 Million |
+8.35% |
| 2010-12-31 | CN¥4.04 Billion ≈ $591.90 Million |
+45.47% |
| 2009-12-31 | CN¥2.78 Billion ≈ $406.89 Million |
-8.86% |
| 2008-12-31 | CN¥3.05 Billion ≈ $446.44 Million |
+11.55% |
| 2007-12-31 | CN¥2.74 Billion ≈ $400.23 Million |
+27.46% |
| 2006-12-31 | CN¥2.15 Billion ≈ $314.00 Million |
+125.84% |
| 2005-12-31 | CN¥950.17 Million ≈ $139.04 Million |
+103.01% |
| 2004-12-31 | CN¥468.04 Million ≈ $68.49 Million |
+34.96% |
| 2003-12-31 | CN¥346.79 Million ≈ $50.75 Million |
+53.10% |
| 2002-12-31 | CN¥226.51 Million ≈ $33.15 Million |
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About Ningbo Huaxiang Electronic Co Ltd
Ningbo Huaxiang Electronic Co., Ltd. designs, develops, produces, and sells automotive parts in the People's Republic of China and internationally. The company offers automotive interior and exterior trim, including dashboards, door panels, center consoles, headliners, carpets, trim strips, and rearview mirror modules; body metal parts comprising body structural components and battery box housing… Read more