Ningbo Tech-Bank Co Ltd
Tech-Bank Food Co., Ltd., together with its subsidiaries, operates as a food company in China and internationally. The company engages in the pig breeding and pork product processing. Its main products are commercial pigs and fresh pork products; pork processed products; and other food-related products. The company was formerly known as Ningbo Tech-Bank Co., Ltd. and changed its name to Tech-bank… Read more
Ningbo Tech-Bank Co Ltd (002124) - Total Assets
Latest total assets as of September 2025: CN¥13.49 Billion CNY
Based on the latest financial reports, Ningbo Tech-Bank Co Ltd (002124) holds total assets worth CN¥13.49 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.
Ningbo Tech-Bank Co Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Ningbo Tech-Bank Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo Tech-Bank Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Tech-Bank Co Ltd's total assets of CN¥13.49 Billion consist of 16.1% current assets and 83.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 1.1% |
| Accounts Receivable | CN¥60.24 Million | 0.4% |
| Inventory | CN¥1.87 Billion | 13.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥51.03 Million | 0.4% |
| Goodwill | CN¥229.13 Million | 1.7% |
Asset Composition Trend (2003–2024)
This chart illustrates how Ningbo Tech-Bank 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: Ningbo Tech-Bank Co Ltd's current assets represent 16.1% of total assets in 2024, a decrease from 51.9% in 2003.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 10.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 13.7% of total assets.
Ningbo Tech-Bank Co Ltd Competitors by Total Assets
Key competitors of Ningbo Tech-Bank Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Ningbo Tech-Bank 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 - Ningbo Tech-Bank Co Ltd generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Ningbo Tech-Bank Co Ltd generates $ 10.67 in net profit.
Ningbo Tech-Bank 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 | 0.35 | 0.29 | 1.14 |
| Quick Ratio | 0.06 | 0.04 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-5.02 Billion | CN¥ -5.75 Billion | CN¥ 711.07 Million |
Ningbo Tech-Bank Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Tech-Bank 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 | 1.41 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -20.5% |
| Total Assets | CN¥13.66 Billion |
| Market Capitalization | $722.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Tech-Bank Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ningbo Tech-Bank Co Ltd's assets decreased by 20.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ningbo Tech-Bank Co Ltd (2003–2024)
The table below shows the annual total assets of Ningbo Tech-Bank Co Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.66 Billion | -20.53% |
| 2023-12-31 | CN¥17.19 Billion | -12.06% |
| 2022-12-31 | CN¥19.55 Billion | +5.73% |
| 2021-12-31 | CN¥18.49 Billion | +19.28% |
| 2020-12-31 | CN¥15.50 Billion | +105.75% |
| 2019-12-31 | CN¥7.53 Billion | +20.96% |
| 2018-12-31 | CN¥6.23 Billion | +40.19% |
| 2017-12-31 | CN¥4.44 Billion | +78.43% |
| 2016-12-31 | CN¥2.49 Billion | +26.57% |
| 2015-12-31 | CN¥1.97 Billion | +4.39% |
| 2014-12-31 | CN¥1.88 Billion | +1.75% |
| 2013-12-31 | CN¥1.85 Billion | +58.60% |
| 2012-12-31 | CN¥1.17 Billion | +8.93% |
| 2011-12-31 | CN¥1.07 Billion | +18.11% |
| 2010-12-31 | CN¥907.73 Million | +17.78% |
| 2009-12-31 | CN¥770.72 Million | -4.99% |
| 2008-12-31 | CN¥811.19 Million | +30.01% |
| 2007-12-31 | CN¥623.96 Million | +96.53% |
| 2006-12-31 | CN¥317.48 Million | +11.27% |
| 2005-12-31 | CN¥285.33 Million | -9.10% |
| 2004-12-31 | CN¥313.89 Million | +69.22% |
| 2003-12-31 | CN¥185.49 Million | -- |