Westone Information Industry Inc
CETC Cyberspace Security Technology Co., Ltd. provides network information security products and services to the government, military, and enterprises across various industries in China. It offers sound products, including chips, modules, platforms, overall units, systems, solutions, and security services for network security, host security, data security, application security, etc. The company w… Read more
Westone Information Industry Inc (002268) - Total Assets
Latest total assets as of September 2025: CN¥6.74 Billion CNY
Based on the latest financial reports, Westone Information Industry Inc (002268) holds total assets worth CN¥6.74 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.
Westone Information Industry Inc - Total Assets Trend (2005–2024)
This chart illustrates how Westone Information Industry Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Westone Information Industry Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Westone Information Industry Inc's total assets of CN¥6.74 Billion consist of 72.9% current assets and 27.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.1% |
| Accounts Receivable | CN¥2.22 Billion | 30.8% |
| Inventory | CN¥347.71 Million | 4.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥265.71 Million | 3.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Westone Information Industry Inc'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: Westone Information Industry Inc's current assets represent 72.9% of total assets in 2024, a decrease from 83.3% in 2005.
- Cash Position: Cash and equivalents constituted 27.1% of total assets in 2024, down from 33.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 30.8% of total assets.
Westone Information Industry Inc Competitors by Total Assets
Key competitors of Westone Information Industry Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Westone Information Industry Inc - 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
Lower asset utilization - Westone Information Industry Inc generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Westone Information Industry Inc generates $ 2.20 in net profit.
Westone Information Industry Inc - 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 | 3.64 | 3.44 | 2.62 |
| Quick Ratio | 3.19 | 3.12 | 2.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.44 Billion | CN¥ 3.29 Billion | CN¥ 2.81 Billion |
Westone Information Industry Inc - Advanced Valuation Insights
This section examines the relationship between Westone Information Industry Inc'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 | 3.20 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | CN¥7.20 Billion |
| Market Capitalization | $1.36 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Westone Information Industry Inc's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Westone Information Industry Inc's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Westone Information Industry Inc (2005–2024)
The table below shows the annual total assets of Westone Information Industry Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.20 Billion | -5.62% |
| 2023-12-31 | CN¥7.63 Billion | +0.79% |
| 2022-12-31 | CN¥7.57 Billion | +7.09% |
| 2021-12-31 | CN¥7.07 Billion | +9.03% |
| 2020-12-31 | CN¥6.48 Billion | +8.79% |
| 2019-12-31 | CN¥5.96 Billion | -4.24% |
| 2018-12-31 | CN¥6.22 Billion | +8.11% |
| 2017-12-31 | CN¥5.75 Billion | +57.65% |
| 2016-12-31 | CN¥3.65 Billion | +39.10% |
| 2015-12-31 | CN¥2.62 Billion | +35.95% |
| 2014-12-31 | CN¥1.93 Billion | +115.82% |
| 2013-12-31 | CN¥894.22 Million | +7.70% |
| 2012-12-31 | CN¥830.26 Million | +6.55% |
| 2011-12-31 | CN¥779.18 Million | +15.70% |
| 2010-12-31 | CN¥673.43 Million | +36.23% |
| 2009-12-31 | CN¥494.33 Million | +8.64% |
| 2008-12-31 | CN¥455.01 Million | +78.86% |
| 2007-12-31 | CN¥254.40 Million | +19.04% |
| 2006-12-31 | CN¥213.71 Million | +11.10% |
| 2005-12-31 | CN¥192.35 Million | -- |