Shenzhen Inovance Tech
Shenzhen Inovance Technology Co.,Ltd manufactures and sells industrial automation control solutions in China and internationally. It operates through four segments: General Automation, New Energy Vehicles, Smart Elevators, and Rail Transit. The company offers inverters, servo systems, PLC/HMI/CNC, industrial robots, electric core products and solutions for industrial automation, such asmachines, … Read more
Shenzhen Inovance Tech (300124) - Total Assets
Latest total assets as of September 2025: CN¥67.80 Billion CNY
Based on the latest financial reports, Shenzhen Inovance Tech (300124) holds total assets worth CN¥67.80 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.
Shenzhen Inovance Tech - Total Assets Trend (2007–2024)
This chart illustrates how Shenzhen Inovance Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shenzhen Inovance Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Shenzhen Inovance Tech's total assets of CN¥67.80 Billion consist of 53.3% current assets and 46.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.2% |
| Accounts Receivable | CN¥16.80 Billion | 29.4% |
| Inventory | CN¥6.96 Billion | 12.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥807.72 Million | 1.4% |
| Goodwill | CN¥2.15 Billion | 3.8% |
Asset Composition Trend (2007–2024)
This chart illustrates how Shenzhen Inovance Tech'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: Shenzhen Inovance Tech's current assets represent 53.3% of total assets in 2024, a decrease from 93.7% in 2007.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, down from 40.2% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 29.4% of total assets.
Shenzhen Inovance Tech Competitors by Total Assets
Key competitors of Shenzhen Inovance Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Shenzhen Inovance Tech - 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 - Shenzhen Inovance Tech generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Shenzhen Inovance Tech generates $7.49 in net profit.
Shenzhen Inovance Tech - 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 | 1.53 | 1.38 | 2.09 |
| Quick Ratio | 1.20 | 1.03 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥13.78 Billion | CN¥ 7.95 Billion | CN¥ 6.50 Billion |
Shenzhen Inovance Tech - Advanced Valuation Insights
This section examines the relationship between Shenzhen Inovance Tech'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 | 6.37 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 16.8% |
| Total Assets | CN¥57.18 Billion |
| Market Capitalization | $17.38 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Inovance Tech's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shenzhen Inovance Tech's assets grew by 16.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shenzhen Inovance Tech (2007–2024)
The table below shows the annual total assets of Shenzhen Inovance Tech from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥57.18 Billion | +16.79% |
| 2023-12-31 | CN¥48.96 Billion | +24.85% |
| 2022-12-31 | CN¥39.21 Billion | +43.62% |
| 2021-12-31 | CN¥27.30 Billion | +46.41% |
| 2020-12-31 | CN¥18.65 Billion | +25.27% |
| 2019-12-31 | CN¥14.89 Billion | +44.11% |
| 2018-12-31 | CN¥10.33 Billion | +14.17% |
| 2017-12-31 | CN¥9.05 Billion | +13.46% |
| 2016-12-31 | CN¥7.97 Billion | +34.09% |
| 2015-12-31 | CN¥5.95 Billion | +27.30% |
| 2014-12-31 | CN¥4.67 Billion | +23.08% |
| 2013-12-31 | CN¥3.80 Billion | +27.64% |
| 2012-12-31 | CN¥2.97 Billion | +11.24% |
| 2011-12-31 | CN¥2.67 Billion | +8.54% |
| 2010-12-31 | CN¥2.46 Billion | +748.96% |
| 2009-12-31 | CN¥290.07 Million | +69.31% |
| 2008-12-31 | CN¥171.33 Million | +39.51% |
| 2007-12-31 | CN¥122.80 Million | -- |