Ningbo Cixing (300307) - Total Assets
Based on the latest financial reports, Ningbo Cixing (300307) holds total assets worth CN¥4.46 Billion CNY (≈ $652.35 Million 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. See Ningbo Cixing shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 300307 market cap overview.
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 |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
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 | 0.17 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CN¥4.97 Billion |
| Market Capitalization | $824.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Cixing's assets below their book value (0.17x), 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 ≈ $726.58 Million |
+3.65% |
| 2023-12-31 | CN¥4.79 Billion ≈ $701.02 Million |
+8.36% |
| 2022-12-31 | CN¥4.42 Billion ≈ $646.92 Million |
+9.04% |
| 2021-12-31 | CN¥4.05 Billion ≈ $593.30 Million |
+13.80% |
| 2020-12-31 | CN¥3.56 Billion ≈ $521.34 Million |
-10.07% |
| 2019-12-31 | CN¥3.96 Billion ≈ $579.71 Million |
-27.83% |
| 2018-12-31 | CN¥5.49 Billion ≈ $803.31 Million |
+5.04% |
| 2017-12-31 | CN¥5.23 Billion ≈ $764.74 Million |
+8.77% |
| 2016-12-31 | CN¥4.80 Billion ≈ $703.08 Million |
+17.27% |
| 2015-12-31 | CN¥4.10 Billion ≈ $599.54 Million |
-4.93% |
| 2014-12-31 | CN¥4.31 Billion ≈ $630.61 Million |
-10.82% |
| 2013-12-31 | CN¥4.83 Billion ≈ $707.10 Million |
+6.61% |
| 2012-12-31 | CN¥4.53 Billion ≈ $663.27 Million |
+57.64% |
| 2011-12-31 | CN¥2.88 Billion ≈ $420.74 Million |
+28.54% |
| 2010-12-31 | CN¥2.24 Billion ≈ $327.33 Million |
+188.50% |
| 2009-12-31 | CN¥775.37 Million ≈ $113.46 Million |
+79.01% |
| 2008-12-31 | CN¥433.13 Million ≈ $63.38 Million |
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About 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