Jiangsu Zhongchao Cable Co Ltd
Jiangsu Zhongchao Holding Co., Ltd. engages in the research and development, production, sales and services of wires and cables in China. The company offers polyvinyl chloride insulated, cross-linked polyethylene, insulated overhead cable, parallel bundled overhead, plastic insulated control cable, rated cable 450/750V and below, silicone rubber insulated power, fluoroplastic insulated power; con… Read more
Jiangsu Zhongchao Cable Co Ltd (002471) - Total Assets
Latest total assets as of September 2025: CN¥5.34 Billion CNY
Based on the latest financial reports, Jiangsu Zhongchao Cable Co Ltd (002471) holds total assets worth CN¥5.34 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.
Jiangsu Zhongchao Cable Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Jiangsu Zhongchao Cable Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Zhongchao Cable Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Zhongchao Cable Co Ltd's total assets of CN¥5.34 Billion consist of 74.6% current assets and 25.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 17.2% |
| Accounts Receivable | CN¥2.51 Billion | 44.4% |
| Inventory | CN¥662.63 Million | 11.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥173.63 Million | 3.1% |
| Goodwill | CN¥22.84 Million | 0.4% |
Asset Composition Trend (2007–2024)
This chart illustrates how Jiangsu Zhongchao Cable 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: Jiangsu Zhongchao Cable Co Ltd's current assets represent 74.6% of total assets in 2024, a decrease from 83.8% in 2007.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2024, down from 38.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 44.4% of total assets.
Jiangsu Zhongchao Cable Co Ltd Competitors by Total Assets
Key competitors of Jiangsu Zhongchao Cable Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Jiangsu Zhongchao Cable 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
Strong asset utilization - Jiangsu Zhongchao Cable Co Ltd generates 0.97x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jiangsu Zhongchao Cable Co Ltd is currently not profitable relative to its asset base.
Jiangsu Zhongchao Cable 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 | 1.14 | 1.08 | 1.19 |
| Quick Ratio | 0.88 | 0.87 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥486.80 Million | CN¥ 325.22 Million | CN¥ 672.23 Million |
Jiangsu Zhongchao Cable Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jiangsu Zhongchao Cable 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 | 7.02 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -0.4% |
| Total Assets | CN¥5.66 Billion |
| Market Capitalization | $1.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Zhongchao Cable Co Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Jiangsu Zhongchao Cable Co Ltd's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu Zhongchao Cable Co Ltd (2007–2024)
The table below shows the annual total assets of Jiangsu Zhongchao Cable Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.66 Billion | -0.36% |
| 2023-12-31 | CN¥5.68 Billion | +0.30% |
| 2022-12-31 | CN¥5.66 Billion | -0.65% |
| 2021-12-31 | CN¥5.70 Billion | +3.78% |
| 2020-12-31 | CN¥5.49 Billion | -14.12% |
| 2019-12-31 | CN¥6.40 Billion | -21.66% |
| 2018-12-31 | CN¥8.16 Billion | -10.91% |
| 2017-12-31 | CN¥9.16 Billion | +7.65% |
| 2016-12-31 | CN¥8.51 Billion | +1.09% |
| 2015-12-31 | CN¥8.42 Billion | +38.34% |
| 2014-12-31 | CN¥6.09 Billion | +16.34% |
| 2013-12-31 | CN¥5.23 Billion | +6.16% |
| 2012-12-31 | CN¥4.93 Billion | +121.37% |
| 2011-12-31 | CN¥2.23 Billion | +23.55% |
| 2010-12-31 | CN¥1.80 Billion | +115.19% |
| 2009-12-31 | CN¥837.27 Million | +5.91% |
| 2008-12-31 | CN¥790.55 Million | +13.03% |
| 2007-12-31 | CN¥699.41 Million | -- |