Huaming Power Equipment Co Ltd (002270) - Total Assets
Based on the latest financial reports, Huaming Power Equipment Co Ltd (002270) holds total assets worth CN¥4.56 Billion CNY (≈ $666.55 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 002270 book value for net asset value and shareholders' equity analysis.
Huaming Power Equipment Co Ltd - Total Assets Trend (2005–2024)
This chart illustrates how Huaming Power Equipment Co Ltd's total assets have evolved over time, based on quarterly financial data.
Huaming Power Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Huaming Power Equipment Co Ltd's total assets of CN¥4.56 Billion consist of 67.6% current assets and 32.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 26.1% |
| Accounts Receivable | CN¥1.25 Billion | 27.9% |
| Inventory | CN¥383.57 Million | 8.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥153.91 Million | 3.5% |
| Goodwill | CN¥99.42 Million | 2.2% |
Asset Composition Trend (2005–2024)
This chart illustrates how Huaming Power Equipment 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 002270 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Huaming Power Equipment Co Ltd's current assets represent 67.6% of total assets in 2024, a decrease from 70.2% in 2005.
- Cash Position: Cash and equivalents constituted 26.1% of total assets in 2024, up from 15.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 27.9% of total assets.
Huaming Power Equipment Co Ltd Competitors by Total Assets
Key competitors of Huaming Power Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Huaming Power Equipment 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 | 3.43 | 2.78 | 4.74 |
| Quick Ratio | 2.99 | 2.42 | 4.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.25 Billion | CN¥1.85 Billion | CN¥1.99 Billion |
Huaming Power Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Huaming Power Equipment 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 | 9.55 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | -1.3% |
| Total Assets | CN¥4.46 Billion |
| Market Capitalization | $3.21 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Huaming Power Equipment Co Ltd's assets below their book value (0.72x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Huaming Power Equipment Co Ltd's assets decreased by 1.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Huaming Power Equipment Co Ltd (2005–2024)
The table below shows the annual total assets of Huaming Power Equipment Co Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.46 Billion ≈ $652.30 Million |
-1.34% |
| 2023-12-31 | CN¥4.52 Billion ≈ $661.15 Million |
+1.53% |
| 2022-12-31 | CN¥4.45 Billion ≈ $651.20 Million |
+8.62% |
| 2021-12-31 | CN¥4.10 Billion ≈ $599.53 Million |
+0.82% |
| 2020-12-31 | CN¥4.06 Billion ≈ $594.65 Million |
+5.76% |
| 2019-12-31 | CN¥3.84 Billion ≈ $562.24 Million |
-5.12% |
| 2018-12-31 | CN¥4.05 Billion ≈ $592.60 Million |
+27.64% |
| 2017-12-31 | CN¥3.17 Billion ≈ $464.27 Million |
+39.46% |
| 2016-12-31 | CN¥2.28 Billion ≈ $332.91 Million |
+11.93% |
| 2015-12-31 | CN¥2.03 Billion ≈ $297.42 Million |
+164.82% |
| 2014-12-31 | CN¥767.51 Million ≈ $112.31 Million |
-5.46% |
| 2013-12-31 | CN¥811.86 Million ≈ $118.80 Million |
-1.78% |
| 2012-12-31 | CN¥826.60 Million ≈ $120.96 Million |
+2.58% |
| 2011-12-31 | CN¥805.79 Million ≈ $117.91 Million |
-1.52% |
| 2010-12-31 | CN¥818.22 Million ≈ $119.73 Million |
+8.85% |
| 2009-12-31 | CN¥751.70 Million ≈ $110.00 Million |
+5.96% |
| 2008-12-31 | CN¥709.41 Million ≈ $103.81 Million |
+94.11% |
| 2007-12-31 | CN¥365.47 Million ≈ $53.48 Million |
+48.32% |
| 2006-12-31 | CN¥246.41 Million ≈ $36.06 Million |
+26.14% |
| 2005-12-31 | CN¥195.34 Million ≈ $28.59 Million |
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About Huaming Power Equipment Co Ltd
Huaming Power Equipment Co.,Ltd provides tap changer products for power transformers in China and internationally. The company offers non-vacuum, vacuum, dry, gas insulated, and regulator type on-load tap changers; and cage, drum, and linear type de-energized (off-circuit) tap changers. It also provides accessories, such as motor drive units, controllers, monitoring, and online oil filters. The c… Read more