Suzhou Cheersson Precision Metal Fo
Suzhou Cheersson Precision Industry Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of precision molds and structural parts, automotive air suspension systems, and mobile communication equipment in China. The company offers precision metal structural parts, including automotive safety and chassis systems, components for automotive ele… Read more
Suzhou Cheersson Precision Metal Fo (002976) - Total Assets
Latest total assets as of September 2025: CN¥2.38 Billion CNY
Based on the latest financial reports, Suzhou Cheersson Precision Metal Fo (002976) holds total assets worth CN¥2.38 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.
Suzhou Cheersson Precision Metal Fo - Total Assets Trend (2015–2024)
This chart illustrates how Suzhou Cheersson Precision Metal Fo’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Suzhou Cheersson Precision Metal Fo - Asset Composition Analysis
Current Asset Composition (December 2024)
Suzhou Cheersson Precision Metal Fo's total assets of CN¥2.38 Billion consist of 59.1% current assets and 41.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.3% |
| Accounts Receivable | CN¥836.29 Million | 35.3% |
| Inventory | CN¥403.70 Million | 17.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥82.08 Million | 3.5% |
| Goodwill | CN¥85.34 Million | 3.6% |
Asset Composition Trend (2015–2024)
This chart illustrates how Suzhou Cheersson Precision Metal Fo'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: Suzhou Cheersson Precision Metal Fo's current assets represent 59.1% of total assets in 2024, a decrease from 68.1% in 2015.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, down from 6.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 2.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 35.3% of total assets.
Suzhou Cheersson Precision Metal Fo Competitors by Total Assets
Key competitors of Suzhou Cheersson Precision Metal Fo based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Suzhou Cheersson Precision Metal Fo - 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 - Suzhou Cheersson Precision Metal Fo generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Suzhou Cheersson Precision Metal Fo is currently not profitable relative to its asset base.
Suzhou Cheersson Precision Metal Fo - 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 | 1.07 | 1.30 | 2.89 |
| Quick Ratio | 0.70 | 0.85 | 2.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥88.45 Million | CN¥ 301.99 Million | CN¥ 548.95 Million |
Suzhou Cheersson Precision Metal Fo - Advanced Valuation Insights
This section examines the relationship between Suzhou Cheersson Precision Metal Fo'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 | 5.23 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | CN¥2.37 Billion |
| Market Capitalization | $208.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Cheersson Precision Metal Fo's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Suzhou Cheersson Precision Metal Fo's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Suzhou Cheersson Precision Metal Fo (2015–2024)
The table below shows the annual total assets of Suzhou Cheersson Precision Metal Fo from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.37 Billion | +11.89% |
| 2023-12-31 | CN¥2.12 Billion | +10.67% |
| 2022-12-31 | CN¥1.91 Billion | +68.72% |
| 2021-12-31 | CN¥1.13 Billion | +2.37% |
| 2020-12-31 | CN¥1.11 Billion | +77.75% |
| 2019-12-31 | CN¥622.50 Million | +11.14% |
| 2018-12-31 | CN¥560.10 Million | +21.01% |
| 2017-12-31 | CN¥462.85 Million | +13.06% |
| 2016-12-31 | CN¥409.37 Million | +45.42% |
| 2015-12-31 | CN¥281.50 Million | -- |