Ningbo Cixing
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment, as well as computerized shoe machines, automated shoe-making production line, automatic ironing machines, indust… Read more
Ningbo Cixing (300307) - Total Assets
Latest total assets as of September 2025: CN¥4.46 Billion CNY
Based on the latest financial reports, Ningbo Cixing (300307) holds total assets worth CN¥4.46 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.
Ningbo Cixing - Total Assets Trend (2008–2024)
This chart illustrates how Ningbo Cixing’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo Cixing - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Cixing's total assets of CN¥4.46 Billion consist of 57.1% current assets and 42.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.9% |
| Accounts Receivable | CN¥446.55 Million | 9.0% |
| Inventory | CN¥1.34 Billion | 26.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥169.41 Million | 3.4% |
| Goodwill | CN¥165.39K | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Ningbo Cixing'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: Ningbo Cixing's current assets represent 57.1% of total assets in 2024, a decrease from 84.1% in 2008.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, down from 11.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 26.9% of total assets.
Ningbo Cixing Competitors by Total Assets
Key competitors of Ningbo Cixing based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Ningbo Cixing - 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 - Ningbo Cixing generates 0.45x 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, Ningbo Cixing generates $5.72 in net profit.
Ningbo Cixing - 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 | 2.27 | 1.64 | 2.14 |
| Quick Ratio | 1.30 | 0.90 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.47 Billion | CN¥ 1.12 Billion | CN¥ 1.13 Billion |
Ningbo Cixing - Advanced Valuation Insights
This section examines the relationship between Ningbo Cixing'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 | 1.81 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CN¥4.97 Billion |
| Market Capitalization | $403.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Cixing's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Cixing's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Cixing (2008–2024)
The table below shows the annual total assets of Ningbo Cixing from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.97 Billion | +3.65% |
| 2023-12-31 | CN¥4.79 Billion | +8.36% |
| 2022-12-31 | CN¥4.42 Billion | +9.04% |
| 2021-12-31 | CN¥4.05 Billion | +13.80% |
| 2020-12-31 | CN¥3.56 Billion | -10.07% |
| 2019-12-31 | CN¥3.96 Billion | -27.83% |
| 2018-12-31 | CN¥5.49 Billion | +5.04% |
| 2017-12-31 | CN¥5.23 Billion | +8.77% |
| 2016-12-31 | CN¥4.80 Billion | +17.27% |
| 2015-12-31 | CN¥4.10 Billion | -4.93% |
| 2014-12-31 | CN¥4.31 Billion | -10.82% |
| 2013-12-31 | CN¥4.83 Billion | +6.61% |
| 2012-12-31 | CN¥4.53 Billion | +57.64% |
| 2011-12-31 | CN¥2.88 Billion | +28.54% |
| 2010-12-31 | CN¥2.24 Billion | +188.50% |
| 2009-12-31 | CN¥775.37 Million | +79.01% |
| 2008-12-31 | CN¥433.13 Million | -- |