Xiamen Sunrise Wheel Group Co Ltd (002593) - Total Assets
Based on the latest financial reports, Xiamen Sunrise Wheel Group Co Ltd (002593) holds total assets worth CN¥4.71 Billion CNY (≈ $688.92 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. See Xiamen Sunrise Wheel Group Co Ltd (002593) shareholders funds for net asset value and shareholders' equity analysis.
Xiamen Sunrise Wheel Group Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Xiamen Sunrise Wheel Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Xiamen Sunrise Wheel Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xiamen Sunrise Wheel Group Co Ltd's total assets of CN¥4.71 Billion consist of 63.1% current assets and 36.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.0% |
| Accounts Receivable | CN¥1.10 Billion | 23.1% |
| Inventory | CN¥946.85 Million | 20.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥231.81 Million | 4.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Xiamen Sunrise Wheel 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 Xiamen Sunrise Wheel Group Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xiamen Sunrise Wheel Group Co Ltd's current assets represent 63.1% of total assets in 2024, a decrease from 80.8% in 2007.
- Cash Position: Cash and equivalents constituted 16.0% of total assets in 2024, up from 12.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 23.1% of total assets.
Xiamen Sunrise Wheel Group Co Ltd Competitors by Total Assets
Key competitors of Xiamen Sunrise Wheel Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON
|
Germany | €18.59 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
China | CN¥27.24 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥20.22 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.62 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥11.04 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
China | CN¥6.29 Billion |
Xiamen Sunrise Wheel 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 | 1.59 | 1.53 | 1.43 |
| Quick Ratio | 1.07 | 1.01 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.07 Billion | CN¥986.52 Million | CN¥924.40 Million |
Xiamen Sunrise Wheel Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xiamen Sunrise Wheel 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 | 2.00 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -6.2% |
| Total Assets | CN¥4.74 Billion |
| Market Capitalization | $632.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xiamen Sunrise Wheel Group Co Ltd's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xiamen Sunrise Wheel Group Co Ltd's assets decreased by 6.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xiamen Sunrise Wheel Group Co Ltd (2007–2024)
The table below shows the annual total assets of Xiamen Sunrise Wheel Group Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.74 Billion ≈ $693.14 Million |
-6.17% |
| 2023-12-31 | CN¥5.05 Billion ≈ $738.71 Million |
+0.53% |
| 2022-12-31 | CN¥5.02 Billion ≈ $734.81 Million |
+1.88% |
| 2021-12-31 | CN¥4.93 Billion ≈ $721.28 Million |
+14.45% |
| 2020-12-31 | CN¥4.31 Billion ≈ $630.22 Million |
+8.74% |
| 2019-12-31 | CN¥3.96 Billion ≈ $579.54 Million |
+0.57% |
| 2018-12-31 | CN¥3.94 Billion ≈ $576.29 Million |
+3.99% |
| 2017-12-31 | CN¥3.79 Billion ≈ $554.19 Million |
+8.38% |
| 2016-12-31 | CN¥3.49 Billion ≈ $511.34 Million |
+17.55% |
| 2015-12-31 | CN¥2.97 Billion ≈ $435.00 Million |
+5.15% |
| 2014-12-31 | CN¥2.83 Billion ≈ $413.68 Million |
+10.13% |
| 2013-12-31 | CN¥2.57 Billion ≈ $375.61 Million |
+15.44% |
| 2012-12-31 | CN¥2.22 Billion ≈ $325.38 Million |
+0.70% |
| 2011-12-31 | CN¥2.21 Billion ≈ $323.12 Million |
+74.12% |
| 2010-12-31 | CN¥1.27 Billion ≈ $185.58 Million |
+61.96% |
| 2009-12-31 | CN¥783.03 Million ≈ $114.58 Million |
+4.33% |
| 2008-12-31 | CN¥750.56 Million ≈ $109.83 Million |
-6.51% |
| 2007-12-31 | CN¥802.79 Million ≈ $117.47 Million |
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About Xiamen Sunrise Wheel Group Co Ltd
Xiamen Sunrise Group Co., Ltd. engages in the design, research and development, production, and sale of steel products in China and internationally. The company offers car wheel products, such as tube steel wheels, tubeless steel wheels, and forged aluminum wheels for high-rise building, equipment support, pipe rack, and bridges areas. It is also involved in the design, manufacture, and installat… Read more