Suzhou Victory Precision Manufacture Co Ltd (002426) - Total Assets
Based on the latest financial reports, Suzhou Victory Precision Manufacture Co Ltd (002426) holds total assets worth CN¥6.59 Billion CNY (≈ $963.79 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. Check Suzhou Victory Precision Manufacture Co investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Suzhou Victory Precision Manufacture Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Suzhou Victory Precision Manufacture Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 002426 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Suzhou Victory Precision Manufacture Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Victory Precision Manufacture Co Ltd's total assets of CN¥6.59 Billion consist of 40.5% current assets and 59.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.1% |
| Accounts Receivable | CN¥1.04 Billion | 15.9% |
| Inventory | CN¥875.25 Million | 13.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥88.87 Million | 1.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Suzhou Victory Precision Manufacture 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 002426 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suzhou Victory Precision Manufacture Co Ltd's current assets represent 40.5% of total assets in 2024, a decrease from 80.2% in 2007.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, down from 19.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 15.9% of total assets.
Suzhou Victory Precision Manufacture Co Ltd Competitors by Total Assets
Key competitors of Suzhou Victory Precision Manufacture Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
China | CN¥2.60 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.08 Billion |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
China | CN¥1.20 Billion |
|
Suzhou Mingzhi Technology Co. Ltd. A
SHG:688355
|
China | CN¥1.39 Billion |
|
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163
|
China | CN¥1.52 Billion |
Suzhou Victory Precision Manufacture 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 | 0.73 | 0.74 | 0.94 |
| Quick Ratio | 0.47 | 0.49 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.08 Billion | CN¥-962.71 Million | CN¥-378.96 Million |
Suzhou Victory Precision Manufacture Co Ltd - Advanced Valuation Insights
This section examines the relationship between Suzhou Victory Precision Manufacture 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 | 5.42 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -12.7% |
| Total Assets | CN¥6.55 Billion |
| Market Capitalization | $2.06 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Victory Precision Manufacture Co Ltd's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Suzhou Victory Precision Manufacture Co Ltd's assets decreased by 12.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Suzhou Victory Precision Manufacture Co Ltd (2007–2024)
The table below shows the annual total assets of Suzhou Victory Precision Manufacture Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.55 Billion ≈ $958.61 Million |
-12.74% |
| 2023-12-31 | CN¥7.51 Billion ≈ $1.10 Billion |
-12.19% |
| 2022-12-31 | CN¥8.55 Billion ≈ $1.25 Billion |
-6.90% |
| 2021-12-31 | CN¥9.18 Billion ≈ $1.34 Billion |
-17.92% |
| 2020-12-31 | CN¥11.19 Billion ≈ $1.64 Billion |
-18.32% |
| 2019-12-31 | CN¥13.70 Billion ≈ $2.00 Billion |
-23.32% |
| 2018-12-31 | CN¥17.86 Billion ≈ $2.61 Billion |
-0.51% |
| 2017-12-31 | CN¥17.96 Billion ≈ $2.63 Billion |
+10.45% |
| 2016-12-31 | CN¥16.26 Billion ≈ $2.38 Billion |
+43.77% |
| 2015-12-31 | CN¥11.31 Billion ≈ $1.65 Billion |
+120.09% |
| 2014-12-31 | CN¥5.14 Billion ≈ $751.80 Million |
+106.25% |
| 2013-12-31 | CN¥2.49 Billion ≈ $364.51 Million |
+22.03% |
| 2012-12-31 | CN¥2.04 Billion ≈ $298.71 Million |
+8.11% |
| 2011-12-31 | CN¥1.89 Billion ≈ $276.29 Million |
+5.63% |
| 2010-12-31 | CN¥1.79 Billion ≈ $261.56 Million |
+123.79% |
| 2009-12-31 | CN¥798.73 Million ≈ $116.88 Million |
+28.65% |
| 2008-12-31 | CN¥620.86 Million ≈ $90.85 Million |
+17.95% |
| 2007-12-31 | CN¥526.36 Million ≈ $77.02 Million |
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About Suzhou Victory Precision Manufacture Co Ltd
Suzhou Victory Precision Manufacture Co., Ltd. engages in the research and development, design, production, and sale of precision mechanical modules, consumer electronics products, and automotive parts in China. The company's products are used in TV stands, TV front bezels and back covers, and notebooks. It provides consumer electronic products and auto parts, which includes optical glass and com… Read more