Guangdong Shenglu Telecommunication Tech Co Ltd

SHE:002446 China Communication Equipment
Market Cap
$1.26 Billion
CN¥9.27 Billion CNY
Market Cap Rank
#6921 Global
#1121 in China
Share Price
CN¥10.13
Change (1 day)
-3.80%
52-Week Range
CN¥5.55 - CN¥14.67
All Time High
CN¥23.83
About

Guangdong Shenglu Telecommunication Tech. Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells communication equipment, electromechanical products, and electronic circuit product accessories in China and internationally. It operates in two segments, Communication Equipment and Microwave Electronics. The company offers microwave antennas and auxiliary components… Read more

Guangdong Shenglu Telecommunication Tech Co Ltd (002446) - Total Assets

Latest total assets as of September 2025: CN¥3.82 Billion CNY

Based on the latest financial reports, Guangdong Shenglu Telecommunication Tech Co Ltd (002446) holds total assets worth CN¥3.82 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.

Guangdong Shenglu Telecommunication Tech Co Ltd - Total Assets Trend (2005–2024)

This chart illustrates how Guangdong Shenglu Telecommunication Tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Guangdong Shenglu Telecommunication Tech Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Guangdong Shenglu Telecommunication Tech Co Ltd's total assets of CN¥3.82 Billion consist of 67.9% current assets and 32.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 22.1%
Accounts Receivable CN¥940.00 Million 26.3%
Inventory CN¥658.81 Million 18.4%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥59.88 Million 1.7%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2005–2024)

This chart illustrates how Guangdong Shenglu Telecommunication Tech 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: Guangdong Shenglu Telecommunication Tech Co Ltd's current assets represent 67.9% of total assets in 2024, a decrease from 82.6% in 2005.
  • Cash Position: Cash and equivalents constituted 22.1% of total assets in 2024, up from 21.9% in 2005.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2005.
  • Asset Diversification: The largest asset category is accounts receivable at 26.3% of total assets.

Guangdong Shenglu Telecommunication Tech Co Ltd Competitors by Total Assets

Key competitors of Guangdong Shenglu Telecommunication Tech Co Ltd based on total assets are shown below.

Guangdong Shenglu Telecommunication Tech 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

Historical Range: 0.25 - 0.35

Lower asset utilization - Guangdong Shenglu Telecommunication Tech Co Ltd generates 0.30x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -20.94% - 5.92%

Negative ROA - Guangdong Shenglu Telecommunication Tech Co Ltd is currently not profitable relative to its asset base.

Guangdong Shenglu Telecommunication Tech 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 2.44 3.10 3.60
Quick Ratio 1.90 2.31 3.01
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.50 Billion CN¥ 1.65 Billion CN¥ 1.74 Billion

Guangdong Shenglu Telecommunication Tech Co Ltd - Advanced Valuation Insights

This section examines the relationship between Guangdong Shenglu Telecommunication Tech 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 3.91
Latest Market Cap to Assets Ratio 0.31
Asset Growth Rate (YoY) -16.0%
Total Assets CN¥3.58 Billion
Market Capitalization $1.10 Billion USD

Valuation Analysis

Below Book Valuation: The market values Guangdong Shenglu Telecommunication Tech Co Ltd's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Guangdong Shenglu Telecommunication Tech Co Ltd's assets decreased by 16.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Guangdong Shenglu Telecommunication Tech Co Ltd (2005–2024)

The table below shows the annual total assets of Guangdong Shenglu Telecommunication Tech Co Ltd from 2005 to 2024.

Year Total Assets Change
2024-12-31 CN¥3.58 Billion -15.98%
2023-12-31 CN¥4.26 Billion +3.57%
2022-12-31 CN¥4.11 Billion +6.02%
2021-12-31 CN¥3.88 Billion -0.31%
2020-12-31 CN¥3.89 Billion -13.62%
2019-12-31 CN¥4.50 Billion -16.54%
2018-12-31 CN¥5.40 Billion +58.77%
2017-12-31 CN¥3.40 Billion +4.24%
2016-12-31 CN¥3.26 Billion +11.10%
2015-12-31 CN¥2.94 Billion +93.23%
2014-12-31 CN¥1.52 Billion +81.54%
2013-12-31 CN¥836.78 Million +1.85%
2012-12-31 CN¥821.59 Million -1.50%
2011-12-31 CN¥834.08 Million -0.78%
2010-12-31 CN¥840.65 Million +94.90%
2009-12-31 CN¥431.32 Million +34.12%
2008-12-31 CN¥321.58 Million +2.91%
2007-12-31 CN¥312.48 Million +16.38%
2006-12-31 CN¥268.50 Million +31.94%
2005-12-31 CN¥203.50 Million --