GuangDong Rifeng Electric Cable Co Ltd
Guangdong Rifeng Electric Cable Co., Ltd. engages in the research and development, design, manufacture, and sale of rubber-sheathed cables in the People's Republic of China and internationally. The company offers air-conditioning connecting wire components, small household appliances wiring components, special equipment cables, and communication equipment components. Its products are used in air … Read more
GuangDong Rifeng Electric Cable Co Ltd (002953) - Total Assets
Latest total assets as of September 2025: CN¥3.62 Billion CNY
Based on the latest financial reports, GuangDong Rifeng Electric Cable Co Ltd (002953) holds total assets worth CN¥3.62 Billion CNY 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.
GuangDong Rifeng Electric Cable Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how GuangDong Rifeng Electric Cable Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GuangDong Rifeng Electric Cable Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
GuangDong Rifeng Electric Cable Co Ltd's total assets of CN¥3.62 Billion consist of 72.9% current assets and 27.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.4% |
| Accounts Receivable | CN¥1.69 Billion | 47.1% |
| Inventory | CN¥477.25 Million | 13.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥153.78 Million | 4.3% |
| Goodwill | CN¥44.22 Million | 1.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how GuangDong Rifeng Electric Cable 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GuangDong Rifeng Electric Cable Co Ltd's current assets represent 72.9% of total assets in 2024, a decrease from 77.5% in 2011.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, down from 17.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 10.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 47.1% of total assets.
GuangDong Rifeng Electric Cable Co Ltd Competitors by Total Assets
Key competitors of GuangDong Rifeng Electric Cable Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
China | CN¥16.66 Billion |
|
Pineapple Resources Bhd
KLSE:0006
|
Malaysia | RM18.80 Million |
|
Telling Telecommunication Holding Co Ltd
SHE:000829
|
China | CN¥24.97 Billion |
|
Unisplendour Corp Ltd
SHE:000938
|
China | CN¥93.64 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
China | CN¥12.77 Billion |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
China | CN¥4.41 Billion |
|
Artroniq Berhad
KLSE:0038
|
Malaysia | RM66.56 Million |
|
Vsolar Group Bhd
KLSE:0066
|
Malaysia | RM102.90 Million |
GuangDong Rifeng Electric Cable Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - GuangDong Rifeng Electric Cable Co Ltd generates 1.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, GuangDong Rifeng Electric Cable Co Ltd generates $ 4.49 in net profit.
GuangDong Rifeng Electric Cable 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 | 1.81 | 2.71 |
| Quick Ratio | 1.51 | 1.56 | 2.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.13 Billion | CN¥ 1.12 Billion | CN¥ 691.39 Million |
GuangDong Rifeng Electric Cable Co Ltd - Advanced Valuation Insights
This section examines the relationship between GuangDong Rifeng Electric Cable 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 | 3.36 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 15.2% |
| Total Assets | CN¥3.58 Billion |
| Market Capitalization | $316.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values GuangDong Rifeng Electric Cable Co Ltd's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: GuangDong Rifeng Electric Cable Co Ltd's assets grew by 15.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for GuangDong Rifeng Electric Cable Co Ltd (2011–2024)
The table below shows the annual total assets of GuangDong Rifeng Electric Cable Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.58 Billion | +15.17% |
| 2023-12-31 | CN¥3.11 Billion | +8.24% |
| 2022-12-31 | CN¥2.87 Billion | +9.57% |
| 2021-12-31 | CN¥2.62 Billion | +80.65% |
| 2020-12-31 | CN¥1.45 Billion | +16.34% |
| 2019-12-31 | CN¥1.25 Billion | +41.07% |
| 2018-12-31 | CN¥883.84 Million | +11.92% |
| 2017-12-31 | CN¥789.68 Million | +20.61% |
| 2016-12-31 | CN¥654.75 Million | +8.15% |
| 2015-12-31 | CN¥605.41 Million | -16.67% |
| 2014-12-31 | CN¥726.55 Million | +7.45% |
| 2013-12-31 | CN¥676.16 Million | +28.59% |
| 2012-12-31 | CN¥525.82 Million | +5.89% |
| 2011-12-31 | CN¥496.59 Million | -- |