Guangdong Vanward New Electric Co Ltd
Guangdong Vanward New Electric Co., Ltd. manufactures household and electrical appliances in China and internationally. It offers gas-fired instant, air source, and electric water heater products, as well as gas-fired water boiler, hobs, ovens, grills, and electric fireplace products. The company was founded in 1993 and is headquartered in Foshan, China.
Guangdong Vanward New Electric Co Ltd (002543) - Total Assets
Latest total assets as of September 2025: CN¥8.42 Billion CNY
Based on the latest financial reports, Guangdong Vanward New Electric Co Ltd (002543) holds total assets worth CN¥8.42 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 Vanward New Electric Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Guangdong Vanward New Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Guangdong Vanward New Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Guangdong Vanward New Electric Co Ltd's total assets of CN¥8.42 Billion consist of 62.1% current assets and 37.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.0% |
| Accounts Receivable | CN¥1.64 Billion | 18.6% |
| Inventory | CN¥1.06 Billion | 12.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥311.89 Million | 3.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Guangdong Vanward New Electric 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 Vanward New Electric Co Ltd's current assets represent 62.1% of total assets in 2024, a decrease from 77.4% in 2007.
- Cash Position: Cash and equivalents constituted 27.0% of total assets in 2024, up from 11.1% 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 18.6% of total assets.
Guangdong Vanward New Electric Co Ltd Competitors by Total Assets
Key competitors of Guangdong Vanward New Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Guangdong Vanward New Electric 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 - Guangdong Vanward New Electric Co Ltd generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Guangdong Vanward New Electric Co Ltd generates $7.49 in net profit.
Guangdong Vanward New Electric 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 | 1.42 | 1.43 | 1.13 |
| Quick Ratio | 1.09 | 1.21 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.39 Billion | CN¥ 1.57 Billion | CN¥ 482.60 Million |
Guangdong Vanward New Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Guangdong Vanward New Electric 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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | CN¥8.78 Billion |
| Market Capitalization | $271.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Guangdong Vanward New Electric Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Guangdong Vanward New Electric Co Ltd's assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Guangdong Vanward New Electric Co Ltd (2007–2024)
The table below shows the annual total assets of Guangdong Vanward New Electric Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.78 Billion | +4.62% |
| 2023-12-31 | CN¥8.40 Billion | +21.85% |
| 2022-12-31 | CN¥6.89 Billion | -15.22% |
| 2021-12-31 | CN¥8.13 Billion | +4.14% |
| 2020-12-31 | CN¥7.80 Billion | +12.09% |
| 2019-12-31 | CN¥6.96 Billion | +2.41% |
| 2018-12-31 | CN¥6.80 Billion | +4.44% |
| 2017-12-31 | CN¥6.51 Billion | +27.89% |
| 2016-12-31 | CN¥5.09 Billion | +19.61% |
| 2015-12-31 | CN¥4.26 Billion | +13.30% |
| 2014-12-31 | CN¥3.76 Billion | +5.58% |
| 2013-12-31 | CN¥3.56 Billion | +13.80% |
| 2012-12-31 | CN¥3.13 Billion | +13.32% |
| 2011-12-31 | CN¥2.76 Billion | +111.76% |
| 2010-12-31 | CN¥1.30 Billion | +18.82% |
| 2009-12-31 | CN¥1.10 Billion | +11.27% |
| 2008-12-31 | CN¥985.52 Million | +6.75% |
| 2007-12-31 | CN¥923.21 Million | -- |