Ningbo Kangqiang Electronics Co Ltd (002119) - Total Assets
Based on the latest financial reports, Ningbo Kangqiang Electronics Co Ltd (002119) holds total assets worth CN¥2.54 Billion CNY (≈ $372.20 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 net assets of Ningbo Kangqiang Electronics Co Ltd for net asset value and shareholders' equity analysis.
Ningbo Kangqiang Electronics Co Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Ningbo Kangqiang Electronics Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ningbo Kangqiang Electronics Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Kangqiang Electronics Co Ltd's total assets of CN¥2.54 Billion consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.3% |
| Accounts Receivable | CN¥594.77 Million | 25.4% |
| Inventory | CN¥421.57 Million | 18.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥59.36 Million | 2.5% |
| Goodwill | CN¥1.29 Million | 0.1% |
Asset Composition Trend (2003–2024)
This chart illustrates how Ningbo Kangqiang Electronics 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 market cap of Ningbo Kangqiang Electronics Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Kangqiang Electronics Co Ltd's current assets represent 54.3% of total assets in 2024, a decrease from 56.4% in 2003.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2024, up from 2.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 25.4% of total assets.
Ningbo Kangqiang Electronics Co Ltd Competitors by Total Assets
Key competitors of Ningbo Kangqiang Electronics Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Taiwan Semiconductor Manufacturing Co. Ltd.
TW:2330
|
Taiwan | NT$7.93 Trillion |
|
MediaTek Inc
TW:2454
|
Taiwan | NT$743.78 Billion |
|
Yuanjie Semiconductor Technology Co. Ltd. A
SHG:688498
|
China | CN¥2.25 Billion |
|
Nexchip Semiconductor Corp. A
SHG:688249
|
China | CN¥51.21 Billion |
|
Loongson Technology Corp. Ltd. A
SHG:688047
|
China | CN¥3.17 Billion |
|
Ingenic Semiconductor
SHE:300223
|
China | CN¥13.57 Billion |
|
Novatek Microelectronics Corp
TW:3034
|
Taiwan | NT$94.07 Billion |
|
Shannon Semiconductor Technology Co Ltd
SHE:300475
|
China | CN¥8.98 Billion |
Ningbo Kangqiang Electronics 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 | 1.72 | 1.40 | 1.46 |
| Quick Ratio | 1.20 | 0.88 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥698.04 Million | CN¥379.49 Million | CN¥317.53 Million |
Ningbo Kangqiang Electronics Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Kangqiang Electronics 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 | 5.89 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | CN¥2.34 Billion |
| Market Capitalization | $1.15 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Kangqiang Electronics Co Ltd's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Kangqiang Electronics Co Ltd's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Kangqiang Electronics Co Ltd (2003–2024)
The table below shows the annual total assets of Ningbo Kangqiang Electronics Co Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.34 Billion ≈ $342.06 Million |
+0.83% |
| 2023-12-31 | CN¥2.32 Billion ≈ $339.26 Million |
+21.56% |
| 2022-12-31 | CN¥1.91 Billion ≈ $279.08 Million |
-10.65% |
| 2021-12-31 | CN¥2.13 Billion ≈ $312.34 Million |
+16.70% |
| 2020-12-31 | CN¥1.83 Billion ≈ $267.65 Million |
+0.97% |
| 2019-12-31 | CN¥1.81 Billion ≈ $265.07 Million |
+7.82% |
| 2018-12-31 | CN¥1.68 Billion ≈ $245.85 Million |
+0.77% |
| 2017-12-31 | CN¥1.67 Billion ≈ $243.98 Million |
+4.98% |
| 2016-12-31 | CN¥1.59 Billion ≈ $232.41 Million |
+11.13% |
| 2015-12-31 | CN¥1.43 Billion ≈ $209.14 Million |
-8.87% |
| 2014-12-31 | CN¥1.57 Billion ≈ $229.50 Million |
-2.93% |
| 2013-12-31 | CN¥1.62 Billion ≈ $236.43 Million |
+1.99% |
| 2012-12-31 | CN¥1.58 Billion ≈ $231.82 Million |
-4.84% |
| 2011-12-31 | CN¥1.66 Billion ≈ $243.61 Million |
+17.03% |
| 2010-12-31 | CN¥1.42 Billion ≈ $208.16 Million |
+30.78% |
| 2009-12-31 | CN¥1.09 Billion ≈ $159.16 Million |
+14.15% |
| 2008-12-31 | CN¥952.83 Million ≈ $139.43 Million |
-1.76% |
| 2007-12-31 | CN¥969.89 Million ≈ $141.93 Million |
+73.64% |
| 2006-12-31 | CN¥558.55 Million ≈ $81.73 Million |
+24.62% |
| 2005-12-31 | CN¥448.19 Million ≈ $65.58 Million |
+25.69% |
| 2004-12-31 | CN¥356.59 Million ≈ $52.18 Million |
+14.25% |
| 2003-12-31 | CN¥312.11 Million ≈ $45.67 Million |
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About Ningbo Kangqiang Electronics Co Ltd
Ningbo Kangqiang Electronics Co., Ltd, together with its subsidiaries, develops, manufactures, and sells semiconductor packaging materials in China. It offers stamping frameworks, etching frames, bonding wires, and LED frameworks, as well as wire electrodes, multi-station integrated circuit frame progressive molds, and lead frames. The company was founded in 1992 and is based in Ningbo, China.