Changzhou NRB Corp (002708) - Total Assets
Based on the latest financial reports, Changzhou NRB Corp (002708) holds total assets worth CN¥3.74 Billion CNY (≈ $546.62 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.
Changzhou NRB Corp - Total Assets Trend (2009–2024)
This chart illustrates how Changzhou NRB Corp's total assets have evolved over time, based on quarterly financial data. Also see market cap of Changzhou NRB Corp for the company's overall valuation and market capitalisation.
Changzhou NRB Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Changzhou NRB Corp's total assets of CN¥3.74 Billion consist of 60.5% current assets and 39.5% non-current assets. Review Changzhou NRB Corp balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.0% |
| Accounts Receivable | CN¥954.15 Million | 27.0% |
| Inventory | CN¥546.75 Million | 15.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥112.52 Million | 3.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Changzhou NRB Corp'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 current stock price of Changzhou NRB Corp for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Changzhou NRB Corp's current assets represent 60.5% of total assets in 2024, a decrease from 69.1% in 2009.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, down from 13.7% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 27.0% of total assets.
Changzhou NRB Corp Competitors by Total Assets
Key competitors of Changzhou NRB Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.22 Billion |
|
Shanghai Baolong Automotive Corp
SHG:603197
|
China | CN¥11.87 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥19.38 Billion |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320
|
China | CN¥3.72 Billion |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
China | CN¥3.05 Billion |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
China | CN¥2.48 Billion |
|
Thai Stanley Electric Public Company Limited
BK:STANLY
|
Thailand | ฿23.68 Billion |
Changzhou NRB Corp - 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 | 1.23 | 1.29 | 1.23 |
| Quick Ratio | 0.87 | 0.97 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥435.62 Million | CN¥416.49 Million | CN¥260.92 Million |
Changzhou NRB Corp - Advanced Valuation Insights
This section examines the relationship between Changzhou NRB Corp'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 | 4.63 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | 8.7% |
| Total Assets | CN¥3.53 Billion |
| Market Capitalization | $1.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Changzhou NRB Corp's assets below their book value (0.40x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Changzhou NRB Corp's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Changzhou NRB Corp (2009–2024)
The table below shows the annual total assets of Changzhou NRB Corp from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.53 Billion ≈ $516.48 Million |
+8.73% |
| 2023-12-31 | CN¥3.25 Billion ≈ $475.01 Million |
+19.65% |
| 2022-12-31 | CN¥2.71 Billion ≈ $396.99 Million |
+1.83% |
| 2021-12-31 | CN¥2.66 Billion ≈ $389.86 Million |
+0.51% |
| 2020-12-31 | CN¥2.65 Billion ≈ $387.89 Million |
+22.15% |
| 2019-12-31 | CN¥2.17 Billion ≈ $317.55 Million |
-0.36% |
| 2018-12-31 | CN¥2.18 Billion ≈ $318.69 Million |
-7.19% |
| 2017-12-31 | CN¥2.35 Billion ≈ $343.38 Million |
-1.85% |
| 2016-12-31 | CN¥2.39 Billion ≈ $349.86 Million |
+114.32% |
| 2015-12-31 | CN¥1.12 Billion ≈ $163.25 Million |
-1.19% |
| 2014-12-31 | CN¥1.13 Billion ≈ $165.22 Million |
+41.83% |
| 2013-12-31 | CN¥796.09 Million ≈ $116.49 Million |
+10.27% |
| 2012-12-31 | CN¥721.93 Million ≈ $105.64 Million |
+9.74% |
| 2011-12-31 | CN¥657.88 Million ≈ $96.27 Million |
+9.24% |
| 2010-12-31 | CN¥602.21 Million ≈ $88.12 Million |
+24.17% |
| 2009-12-31 | CN¥484.98 Million ≈ $70.97 Million |
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About Changzhou NRB Corp
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. The company's primary products include needle, cylindrical and low friction tapered roller bearings; ball bearings; clutch release bearings; wheel hub bearings; synchronizer intermediate rings; elastic interlocking pins; and other automotive precis… Read more