Suzhou Cheersson Precision Metal Fo (002976) - Total Assets
Based on the latest financial reports, Suzhou Cheersson Precision Metal Fo (002976) holds total assets worth CN¥2.38 Billion CNY (≈ $348.19 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 Suzhou Cheersson Precision Metal Fo investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Check Suzhou Cheersson Precision Metal Fo earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see 002976 market cap.
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 |
|---|---|---|
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
China | CN¥2.60 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.08 Billion |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
China | CN¥1.20 Billion |
|
Suzhou Mingzhi Technology Co. Ltd. A
SHG:688355
|
China | CN¥1.39 Billion |
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 | 0.26 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | CN¥2.37 Billion |
| Market Capitalization | $621.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Suzhou Cheersson Precision Metal Fo's assets below their book value (0.26x), 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 ≈ $346.31 Million |
+11.89% |
| 2023-12-31 | CN¥2.12 Billion ≈ $309.50 Million |
+10.67% |
| 2022-12-31 | CN¥1.91 Billion ≈ $279.67 Million |
+68.72% |
| 2021-12-31 | CN¥1.13 Billion ≈ $165.76 Million |
+2.37% |
| 2020-12-31 | CN¥1.11 Billion ≈ $161.91 Million |
+77.75% |
| 2019-12-31 | CN¥622.50 Million ≈ $91.09 Million |
+11.14% |
| 2018-12-31 | CN¥560.10 Million ≈ $81.96 Million |
+21.01% |
| 2017-12-31 | CN¥462.85 Million ≈ $67.73 Million |
+13.06% |
| 2016-12-31 | CN¥409.37 Million ≈ $59.90 Million |
+45.42% |
| 2015-12-31 | CN¥281.50 Million ≈ $41.19 Million |
-- |
About 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