Suzhou Hengmingda Electronic Technology Co Ltd (002947) - Total Assets
Based on the latest financial reports, Suzhou Hengmingda Electronic Technology Co Ltd (002947) holds total assets worth CN¥4.29 Billion CNY (≈ $627.98 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. Check how aggressively does Suzhou Hengmingda Electronic Technology reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Suzhou Hengmingda Electronic Technology Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Suzhou Hengmingda Electronic Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Suzhou Hengmingda Electronic Technology to evaluate the quality of earnings relative to operating cash generation.
Suzhou Hengmingda Electronic Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Hengmingda Electronic Technology Co Ltd's total assets of CN¥4.29 Billion consist of 81.2% current assets and 18.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.2% |
| Accounts Receivable | CN¥1.24 Billion | 31.4% |
| Inventory | CN¥269.80 Million | 6.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥65.35 Million | 1.7% |
| Goodwill | CN¥73.61 Million | 1.9% |
Asset Composition Trend (2014–2024)
This chart illustrates how Suzhou Hengmingda Electronic 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 Suzhou Hengmingda Electronic Technology stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suzhou Hengmingda Electronic Technology Co Ltd's current assets represent 81.2% of total assets in 2024, a decrease from 89.1% in 2014.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, up from 13.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 31.4% of total assets.
Suzhou Hengmingda Electronic Technology Co Ltd Competitors by Total Assets
Key competitors of Suzhou Hengmingda Electronic Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lens Technology Co Ltd
SHE:300433
|
China | CN¥77.25 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
China | CN¥20.78 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
China | CN¥2.52 Billion |
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
China | CN¥6.30 Billion |
|
Success Electronics Ltd
SHE:002289
|
China | CN¥5.27 Billion |
|
TXC Corp
TW:3042
|
Taiwan | NT$23.15 Billion |
|
Guangdong Ellington Electronics Technology Co Ltd
SHG:603328
|
China | CN¥6.54 Billion |
Suzhou Hengmingda Electronic 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 | 3.74 | 4.47 | 3.61 |
| Quick Ratio | 3.33 | 3.93 | 3.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.60 Billion | CN¥2.37 Billion | CN¥983.74 Million |
Suzhou Hengmingda Electronic Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Suzhou Hengmingda Electronic 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 | 3.48 |
| Latest Market Cap to Assets Ratio | 0.86 |
| Asset Growth Rate (YoY) | 41.3% |
| Total Assets | CN¥3.96 Billion |
| Market Capitalization | $3.39 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Suzhou Hengmingda Electronic Technology Co Ltd's assets close to their book value (0.86x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Suzhou Hengmingda Electronic Technology Co Ltd's assets grew by 41.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2024)
The table below shows the annual total assets of Suzhou Hengmingda Electronic Technology Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.96 Billion ≈ $579.28 Million |
+41.26% |
| 2023-12-31 | CN¥2.80 Billion ≈ $410.09 Million |
+12.54% |
| 2022-12-31 | CN¥2.49 Billion ≈ $364.39 Million |
+13.44% |
| 2021-12-31 | CN¥2.20 Billion ≈ $321.22 Million |
+32.20% |
| 2020-12-31 | CN¥1.66 Billion ≈ $242.99 Million |
+22.46% |
| 2019-12-31 | CN¥1.36 Billion ≈ $198.42 Million |
+109.10% |
| 2018-12-31 | CN¥648.48 Million ≈ $94.89 Million |
+22.77% |
| 2017-12-31 | CN¥528.21 Million ≈ $77.29 Million |
+19.57% |
| 2016-12-31 | CN¥441.75 Million ≈ $64.64 Million |
+12.69% |
| 2015-12-31 | CN¥392.00 Million ≈ $57.36 Million |
+33.52% |
| 2014-12-31 | CN¥293.59 Million ≈ $42.96 Million |
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About Suzhou Hengmingda Electronic Technology Co Ltd
Suzhou Hengmingda Electronic Technology Co., Ltd. engages in the research and development, design, production, and sale of consumer electronics, communications, and new energy functional devices in China and internationally. It offers paste and fix, shielding, insulating, buffer, heat dissipation, dustproof, and protection functional devices. The company also provides consumer electronic protecti… Read more