Wafangdian Bearing Co Ltd
Wafangdian Bearing Company Limited engages in manufacturing and selling bearing, mechanical equipment, auto parts, abrasives, casting, tooling, and related products in China and internationally. It also exports its products. The company was founded in 1996 and is based in Wafangdian, China. Wafangdian Bearing Company Limited operates as a subsidiary of Wafangdian Bearing Group Corporation.
Wafangdian Bearing Co Ltd (200706) - Total Assets
Latest total assets as of June 2025: HK$3.02 Billion HKD
Based on the latest financial reports, Wafangdian Bearing Co Ltd (200706) holds total assets worth HK$3.02 Billion HKD as of June 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.
Wafangdian Bearing Co Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Wafangdian Bearing Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wafangdian Bearing Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wafangdian Bearing Co Ltd's total assets of HK$3.02 Billion consist of 80.9% current assets and 19.1% non-current assets.
| Asset Category | Amount (HKD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | HK$0.00 | 7.2% |
| Accounts Receivable | HK$1.69 Billion | 51.0% |
| Inventory | HK$688.44 Million | 20.8% |
| Property, Plant & Equipment | HK$0.00 | 0.0% |
| Intangible Assets | HK$70.12 Million | 2.1% |
| Goodwill | HK$0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Wafangdian Bearing 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: Wafangdian Bearing Co Ltd's current assets represent 80.9% of total assets in 2024, an increase from 75.9% in 1997.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, down from 11.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 51.0% of total assets.
Wafangdian Bearing Co Ltd Competitors by Total Assets
Key competitors of Wafangdian Bearing Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Wafangdian Bearing 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
Moderate asset utilization - Wafangdian Bearing Co Ltd generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wafangdian Bearing Co Ltd is currently not profitable relative to its asset base.
Wafangdian Bearing 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 | 0.90 | 0.96 | 1.27 |
| Quick Ratio | 0.66 | 0.74 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | HK$-267.77 Million | HK$ -117.73 Million | HK$ 486.30 Million |
Wafangdian Bearing Co Ltd - Advanced Valuation Insights
This section examines the relationship between Wafangdian Bearing 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 | 4.32 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | HK$3.32 Billion |
| Market Capitalization | $24.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wafangdian Bearing Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wafangdian Bearing Co Ltd's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wafangdian Bearing Co Ltd (1997–2024)
The table below shows the annual total assets of Wafangdian Bearing Co Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | HK$3.32 Billion | +4.28% |
| 2023-12-31 | HK$3.18 Billion | -4.34% |
| 2022-12-31 | HK$3.32 Billion | +3.25% |
| 2021-12-31 | HK$3.22 Billion | +2.75% |
| 2020-12-31 | HK$3.13 Billion | +5.82% |
| 2019-12-31 | HK$2.96 Billion | -10.21% |
| 2018-12-31 | HK$3.30 Billion | +2.63% |
| 2017-12-31 | HK$3.21 Billion | -9.57% |
| 2016-12-31 | HK$3.55 Billion | +0.85% |
| 2015-12-31 | HK$3.52 Billion | -10.46% |
| 2014-12-31 | HK$3.94 Billion | +5.86% |
| 2013-12-31 | HK$3.72 Billion | +2.75% |
| 2012-12-31 | HK$3.62 Billion | +2.39% |
| 2011-12-31 | HK$3.53 Billion | +13.29% |
| 2010-12-31 | HK$3.12 Billion | +6.34% |
| 2009-12-31 | HK$2.93 Billion | +2.21% |
| 2008-12-31 | HK$2.87 Billion | +7.66% |
| 2007-12-31 | HK$2.67 Billion | +5.65% |
| 2006-12-31 | HK$2.52 Billion | +5.49% |
| 2005-12-31 | HK$2.39 Billion | +8.48% |
| 2004-12-31 | HK$2.20 Billion | +5.06% |
| 2003-12-31 | HK$2.10 Billion | +2.80% |
| 2002-12-31 | HK$2.04 Billion | -6.25% |
| 2001-12-31 | HK$2.18 Billion | +0.68% |
| 2000-12-31 | HK$2.16 Billion | -1.09% |
| 1999-12-31 | HK$2.19 Billion | +4.67% |
| 1998-12-31 | HK$2.09 Billion | +13.31% |
| 1997-12-31 | HK$1.84 Billion | -- |