Ocean’s King Lighting Science & Technology Co Ltd (002724) - Total Assets
Based on the latest financial reports, Ocean’s King Lighting Science & Technology Co Ltd (002724) holds total assets worth CN¥3.34 Billion CNY (≈ $488.22 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 Ocean’s King Lighting Science & Technolo shareholders equity for net asset value and shareholders' equity analysis.
Ocean’s King Lighting Science & Technology Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Ocean’s King Lighting Science & Technology Co Ltd's total assets have evolved over time, based on quarterly financial data.
Ocean’s King Lighting Science & Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ocean’s King Lighting Science & Technology Co Ltd's total assets of CN¥3.34 Billion consist of 54.5% current assets and 45.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.4% |
| Accounts Receivable | CN¥895.54 Million | 25.3% |
| Inventory | CN¥123.22 Million | 3.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥68.07 Million | 1.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Ocean’s King Lighting Science & Technology 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 Ocean’s King Lighting Science & Technolo market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ocean’s King Lighting Science & Technology Co Ltd's current assets represent 54.5% of total assets in 2024, a decrease from 87.4% in 2009.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, down from 38.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 25.3% of total assets.
Ocean’s King Lighting Science & Technology Co Ltd Competitors by Total Assets
Key competitors of Ocean’s King Lighting Science & Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 Billion |
Ocean’s King Lighting Science & Technology 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 | 3.22 | 3.75 | 4.35 |
| Quick Ratio | 2.99 | 3.52 | 3.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.27 Billion | CN¥1.74 Billion | CN¥1.79 Billion |
Ocean’s King Lighting Science & Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ocean’s King Lighting Science & Technology 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 | 2.14 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -9.6% |
| Total Assets | CN¥3.54 Billion |
| Market Capitalization | $715.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ocean’s King Lighting Science & Technology Co Ltd's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ocean’s King Lighting Science & Technology Co Ltd's assets decreased by 9.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ocean’s King Lighting Science & Technology Co Ltd (2009–2024)
The table below shows the annual total assets of Ocean’s King Lighting Science & Technology Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.54 Billion ≈ $517.80 Million |
-9.60% |
| 2023-12-31 | CN¥3.91 Billion ≈ $572.79 Million |
+1.28% |
| 2022-12-31 | CN¥3.86 Billion ≈ $565.56 Million |
+1.90% |
| 2021-12-31 | CN¥3.79 Billion ≈ $555.02 Million |
+13.65% |
| 2020-12-31 | CN¥3.34 Billion ≈ $488.36 Million |
+36.91% |
| 2019-12-31 | CN¥2.44 Billion ≈ $356.69 Million |
+11.25% |
| 2018-12-31 | CN¥2.19 Billion ≈ $320.63 Million |
+6.26% |
| 2017-12-31 | CN¥2.06 Billion ≈ $301.73 Million |
+9.40% |
| 2016-12-31 | CN¥1.88 Billion ≈ $275.80 Million |
+6.86% |
| 2015-12-31 | CN¥1.76 Billion ≈ $258.10 Million |
-0.77% |
| 2014-12-31 | CN¥1.78 Billion ≈ $260.12 Million |
+37.83% |
| 2013-12-31 | CN¥1.29 Billion ≈ $188.73 Million |
+14.63% |
| 2012-12-31 | CN¥1.13 Billion ≈ $164.65 Million |
+3.44% |
| 2011-12-31 | CN¥1.09 Billion ≈ $159.16 Million |
+18.86% |
| 2010-12-31 | CN¥915.10 Million ≈ $133.91 Million |
+11.71% |
| 2009-12-31 | CN¥819.14 Million ≈ $119.87 Million |
-- |
About Ocean’s King Lighting Science & Technology Co Ltd
Ocean's King Lighting Science & Technology Co., Ltd. engages in research and development, manufacture, and sale of lighting products in China. It offers lighting products, including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, and portable professional lighting products. The company also provides control products, su… Read more