Shenzhen Inovance Tech (300124) - Total Assets
Based on the latest financial reports, Shenzhen Inovance Tech (300124) holds total assets worth CN¥67.80 Billion CNY (≈ $9.92 Billion 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. Explore 300124 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. See 300124 net asset value for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see 300124 market cap overview.
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 |
|---|---|---|
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
China | CN¥24.24 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.02 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
China | CN¥4.81 Billion |
|
Chengdu Xuguang Electronics Co Ltd
SHG:600353
|
China | CN¥3.55 Billion |
|
Ballard Power Systems Inc
TO:BLDP
|
Canada | CA$710.46 Million |
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 | 0.44 |
| Asset Growth Rate (YoY) | 16.8% |
| Total Assets | CN¥57.18 Billion |
| Market Capitalization | $25.38 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Inovance Tech's assets below their book value (0.44x), 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 ≈ $8.37 Billion |
+16.79% |
| 2023-12-31 | CN¥48.96 Billion ≈ $7.16 Billion |
+24.85% |
| 2022-12-31 | CN¥39.21 Billion ≈ $5.74 Billion |
+43.62% |
| 2021-12-31 | CN¥27.30 Billion ≈ $4.00 Billion |
+46.41% |
| 2020-12-31 | CN¥18.65 Billion ≈ $2.73 Billion |
+25.27% |
| 2019-12-31 | CN¥14.89 Billion ≈ $2.18 Billion |
+44.11% |
| 2018-12-31 | CN¥10.33 Billion ≈ $1.51 Billion |
+14.17% |
| 2017-12-31 | CN¥9.05 Billion ≈ $1.32 Billion |
+13.46% |
| 2016-12-31 | CN¥7.97 Billion ≈ $1.17 Billion |
+34.09% |
| 2015-12-31 | CN¥5.95 Billion ≈ $870.16 Million |
+27.30% |
| 2014-12-31 | CN¥4.67 Billion ≈ $683.56 Million |
+23.08% |
| 2013-12-31 | CN¥3.80 Billion ≈ $555.38 Million |
+27.64% |
| 2012-12-31 | CN¥2.97 Billion ≈ $435.10 Million |
+11.24% |
| 2011-12-31 | CN¥2.67 Billion ≈ $391.15 Million |
+8.54% |
| 2010-12-31 | CN¥2.46 Billion ≈ $360.36 Million |
+748.96% |
| 2009-12-31 | CN¥290.07 Million ≈ $42.45 Million |
+69.31% |
| 2008-12-31 | CN¥171.33 Million ≈ $25.07 Million |
+39.51% |
| 2007-12-31 | CN¥122.80 Million ≈ $17.97 Million |
-- |
About 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