Hunan Changgao High Voltage Switchgear Group Co Ltd (002452) - Total Assets
Based on the latest financial reports, Hunan Changgao High Voltage Switchgear Group Co Ltd (002452) holds total assets worth CN¥4.54 Billion CNY (≈ $664.25 Million USD) as of March 2026. 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 Hunan Changgao High Voltage Switchgear G (002452) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Hunan Changgao High Voltage Switchgear Group Co Ltd - Total Assets Trend (2007–2025)
This chart illustrates how Hunan Changgao High Voltage Switchgear Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore Hunan Changgao High Voltage Switchgear G long-term investment intensity to see how much of total assets are deployed in long-term investments.
Hunan Changgao High Voltage Switchgear Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Hunan Changgao High Voltage Switchgear Group Co Ltd's total assets of CN¥4.54 Billion consist of 74.5% current assets and 25.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 32.5% |
| Accounts Receivable | CN¥907.37 Million | 24.2% |
| Inventory | CN¥454.12 Million | 12.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥122.40 Million | 3.3% |
| Goodwill | CN¥65.41 Million | 1.8% |
Asset Composition Trend (2007–2025)
This chart illustrates how Hunan Changgao High Voltage Switchgear Group 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 market cap of Hunan Changgao High Voltage Switchgear G.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hunan Changgao High Voltage Switchgear Group Co Ltd's current assets represent 74.5% of total assets in 2025, a decrease from 76.4% in 2007.
- Cash Position: Cash and equivalents constituted 32.5% of total assets in 2025, up from 19.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 6.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 24.2% of total assets.
Hunan Changgao High Voltage Switchgear Group Co Ltd Competitors by Total Assets
Key competitors of Hunan Changgao High Voltage Switchgear Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 Billion |
Hunan Changgao High Voltage Switchgear Group 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 | 4.40 | 3.08 | 1.73 |
| Quick Ratio | 3.74 | 2.59 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.76 Billion | CN¥1.75 Billion | CN¥999.14 Million |
Hunan Changgao High Voltage Switchgear Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hunan Changgao High Voltage Switchgear Group 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 | 2.53 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | CN¥3.74 Billion |
| Market Capitalization | $1.00 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hunan Changgao High Voltage Switchgear Group Co Ltd's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hunan Changgao High Voltage Switchgear Group Co Ltd's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hunan Changgao High Voltage Switchgear Group Co Ltd (2007–2025)
The table below shows the annual total assets of Hunan Changgao High Voltage Switchgear Group Co Ltd from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.74 Billion ≈ $547.86 Million |
+6.29% |
| 2024-12-31 | CN¥3.52 Billion ≈ $515.44 Million |
+8.68% |
| 2023-12-31 | CN¥3.24 Billion ≈ $474.28 Million |
-0.43% |
| 2022-12-31 | CN¥3.25 Billion ≈ $476.31 Million |
-2.33% |
| 2021-12-31 | CN¥3.33 Billion ≈ $487.68 Million |
-7.78% |
| 2020-12-31 | CN¥3.61 Billion ≈ $528.80 Million |
+22.59% |
| 2019-12-31 | CN¥2.95 Billion ≈ $431.34 Million |
+20.95% |
| 2018-12-31 | CN¥2.44 Billion ≈ $356.64 Million |
-15.61% |
| 2017-12-31 | CN¥2.89 Billion ≈ $422.61 Million |
+1.43% |
| 2016-12-31 | CN¥2.85 Billion ≈ $416.65 Million |
+56.22% |
| 2015-12-31 | CN¥1.82 Billion ≈ $266.70 Million |
+30.15% |
| 2014-12-31 | CN¥1.40 Billion ≈ $204.93 Million |
+6.76% |
| 2013-12-31 | CN¥1.31 Billion ≈ $191.95 Million |
+3.56% |
| 2012-12-31 | CN¥1.27 Billion ≈ $185.35 Million |
-1.02% |
| 2011-12-31 | CN¥1.28 Billion ≈ $187.26 Million |
+11.48% |
| 2010-12-31 | CN¥1.15 Billion ≈ $167.97 Million |
+110.58% |
| 2009-12-31 | CN¥545.11 Million ≈ $79.77 Million |
+14.32% |
| 2008-12-31 | CN¥476.81 Million ≈ $69.77 Million |
+41.21% |
| 2007-12-31 | CN¥337.65 Million ≈ $49.41 Million |
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About Hunan Changgao High Voltage Switchgear Group Co Ltd
Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power transmission equipment in the People's Republic of China. The company offers gas insulated metal enclosed switchgear; outdoor pole type vacuum and outdoor high voltage AC circuit breaker; disconnectors; low/medium voltage switchgear, including series relay, cable type data collection unit, cable… Read more