Shenzhen Inovance Tech Total Assets

Latest as of September 2025: CN¥67.80 Billion CNY ≈ $9.92 Billion USD

Shenzhen Inovance Tech 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. Also see Shenzhen Inovance Tech (300124) total market value for the company's overall valuation and market capitalisation.

Total Assets of Shenzhen Inovance Tech (2007–2024)

Total assets of Shenzhen Inovance Tech from 2007 to 2024. This chart illustrates how Shenzhen Inovance Tech's total assets have evolved over time, based on quarterly financial data. See Shenzhen Inovance Tech (300124) stock price for real-time trading data and today's change.

Shenzhen Inovance Tech - Asset Composition Analysis

Shenzhen Inovance Tech Total Assets Breakdown (December 2024)

Shenzhen Inovance Tech total assets breakdown as of 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. Explore Shenzhen Inovance Tech current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.

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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
Hayward Holdings Inc NYSE:HAYW	USA	$3.14 Billion
Zhuhai CosMX Battery Co Ltd SHG:688772	China	CN¥25.88 Billion
Tongling Jingd SHG:600577	China	CN¥16.78 Billion
Shandong Sacred Sun Power Sources Co Ltd SHE:002580	China	CN¥4.04 Billion
Ls Cable & System Asia Ltd KO:229640	Korea	₩576.45 Billion
Wuxi Xinhongye Wire & Cable Co. Ltd. A SHE:301310	China	CN¥5.83 Billion
Doosan Fuel Cell Co Ltd KO:336260	Korea	₩1.34 Trillion
Guangzhou Haoyang Electronic Co Ltd SHE:300833	China	CN¥2.74 Billion

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	0.38
Asset Growth Rate (YoY)	16.8%
Total Assets	CN¥57.18 Billion
Market Capitalization	$21.94 Billion USD

Valuation Analysis

Below Book Valuation: The market values Shenzhen Inovance Tech's assets below their book value (0.38x), 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

SHE:300124 China Electrical Equipment & Parts

Market Cap

$21.94 Billion

CN¥149.95 Billion CNY

Market Cap Rank

#1168 Global

#74 in China

Share Price

CN¥55.39

Change (1 day)

-2.45%

52-Week Range

CN¥49.33 - CN¥80.88

All Time High

CN¥189.92