Shanghai Liangxin Electrical Co Ltd (002706) - Total Assets
Based on the latest financial reports, Shanghai Liangxin Electrical Co Ltd (002706) holds total assets worth CN¥6.06 Billion CNY (≈ $886.59 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.
Shanghai Liangxin Electrical Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Shanghai Liangxin Electrical Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see market value of Shanghai Liangxin Electrical Co Ltd for the company's overall valuation and market capitalisation.
Shanghai Liangxin Electrical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai Liangxin Electrical Co Ltd's total assets of CN¥6.06 Billion consist of 49.8% current assets and 50.2% non-current assets. Review 002706 total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.4% |
| Accounts Receivable | CN¥1.34 Billion | 24.3% |
| Inventory | CN¥469.36 Million | 8.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥199.45 Million | 3.6% |
| Goodwill | CN¥18.73 Million | 0.3% |
Asset Composition Trend (2007–2024)
This chart illustrates how Shanghai Liangxin Electrical 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. See 002706 live share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Liangxin Electrical Co Ltd's current assets represent 49.8% of total assets in 2024, a decrease from 82.9% in 2007.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 8.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 24.3% of total assets.
Shanghai Liangxin Electrical Co Ltd Competitors by Total Assets
Key competitors of Shanghai Liangxin Electrical Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩71.81 Trillion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥14.27 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥10.58 Billion |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
China | CN¥4.23 Billion |
|
Hiwin Mikrosystem Corp
TW:4576
|
Taiwan | NT$7.17 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
Shanghai Liangxin Electrical 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 | 1.76 | 2.03 | 1.59 |
| Quick Ratio | 1.47 | 1.70 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.40 Billion | CN¥1.44 Billion | CN¥701.14 Million |
Shanghai Liangxin Electrical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shanghai Liangxin Electrical 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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | CN¥5.51 Billion |
| Market Capitalization | $1.39 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Liangxin Electrical Co Ltd's assets below their book value (0.25x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shanghai Liangxin Electrical Co Ltd's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shanghai Liangxin Electrical Co Ltd (2007–2024)
The table below shows the annual total assets of Shanghai Liangxin Electrical Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.51 Billion ≈ $805.69 Million |
-5.39% |
| 2023-12-31 | CN¥5.82 Billion ≈ $851.58 Million |
+2.02% |
| 2022-12-31 | CN¥5.70 Billion ≈ $834.75 Million |
+29.10% |
| 2021-12-31 | CN¥4.42 Billion ≈ $646.61 Million |
+35.51% |
| 2020-12-31 | CN¥3.26 Billion ≈ $477.18 Million |
+39.98% |
| 2019-12-31 | CN¥2.33 Billion ≈ $340.90 Million |
+7.54% |
| 2018-12-31 | CN¥2.17 Billion ≈ $317.01 Million |
+6.53% |
| 2017-12-31 | CN¥2.03 Billion ≈ $297.58 Million |
+7.51% |
| 2016-12-31 | CN¥1.89 Billion ≈ $276.79 Million |
+53.50% |
| 2015-12-31 | CN¥1.23 Billion ≈ $180.32 Million |
+18.63% |
| 2014-12-31 | CN¥1.04 Billion ≈ $152.00 Million |
+69.58% |
| 2013-12-31 | CN¥612.55 Million ≈ $89.63 Million |
+24.36% |
| 2012-12-31 | CN¥492.56 Million ≈ $72.08 Million |
+14.40% |
| 2011-12-31 | CN¥430.55 Million ≈ $63.00 Million |
+52.43% |
| 2010-12-31 | CN¥282.46 Million ≈ $41.33 Million |
+32.63% |
| 2009-12-31 | CN¥212.97 Million ≈ $31.16 Million |
+83.27% |
| 2008-12-31 | CN¥116.21 Million ≈ $17.01 Million |
+35.68% |
| 2007-12-31 | CN¥85.65 Million ≈ $12.53 Million |
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About Shanghai Liangxin Electrical Co Ltd
Shanghai Liangxin Electrical Co.,LTD. manufactures and sells low-voltage electrical appliances in China and internationally. The company offers air circuit breakers, molded case circuit breakers, automatic transfer switching equipment, isolating switches, miniature circuit breakers, busbar and sockets, distribution boxes, surge protectors, hydraulic electromagnetic circuit breakers, AC contactors… Read more