Changshu Ruite Electric Co Ltd
Changshu Guorui Technology Co.,Ltd. engages in the research, development, production, and sale of marine and marine engineering electrical and automation systems. The company offers circuit breaker, film capacitance, LV and MV switchboard and control, power, box counter, monitoring alarm, navigation control, valve drive, automation, and system integration products. It also provides software custo… Read more
Changshu Ruite Electric Co Ltd (300600) - Total Assets
Latest total assets as of September 2025: CN¥1.40 Billion CNY
Based on the latest financial reports, Changshu Ruite Electric Co Ltd (300600) holds total assets worth CN¥1.40 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.
Changshu Ruite Electric Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Changshu Ruite Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Changshu Ruite Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Changshu Ruite Electric Co Ltd's total assets of CN¥1.40 Billion consist of 66.1% current assets and 33.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.6% |
| Accounts Receivable | CN¥373.99 Million | 30.4% |
| Inventory | CN¥131.71 Million | 10.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥44.94 Million | 3.7% |
| Goodwill | CN¥931.31K | 0.1% |
Asset Composition Trend (2011–2024)
This chart illustrates how Changshu Ruite Electric Co Ltd'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: Changshu Ruite Electric Co Ltd's current assets represent 66.1% of total assets in 2024, a decrease from 78.9% in 2011.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, up from 11.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 30.4% of total assets.
Changshu Ruite Electric Co Ltd Competitors by Total Assets
Key competitors of Changshu Ruite Electric Co Ltd 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 |
Changshu Ruite Electric Co Ltd - 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
Lower asset utilization - Changshu Ruite Electric Co Ltd generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Changshu Ruite Electric Co Ltd is currently not profitable relative to its asset base.
Changshu Ruite Electric Co Ltd - 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 | 5.72 | 3.97 | 2.13 |
| Quick Ratio | 4.88 | 2.80 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥810.31 Million | CN¥ 531.28 Million | CN¥ 735.83 Million |
Changshu Ruite Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Changshu Ruite Electric Co Ltd'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 | 3.25 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | CN¥1.23 Billion |
| Market Capitalization | $261.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changshu Ruite Electric Co Ltd's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Changshu Ruite Electric Co Ltd's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Changshu Ruite Electric Co Ltd (2011–2024)
The table below shows the annual total assets of Changshu Ruite Electric Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.23 Billion | +6.05% |
| 2023-12-31 | CN¥1.16 Billion | -4.70% |
| 2022-12-31 | CN¥1.22 Billion | -4.92% |
| 2021-12-31 | CN¥1.28 Billion | -29.60% |
| 2020-12-31 | CN¥1.82 Billion | -10.97% |
| 2019-12-31 | CN¥2.04 Billion | +57.58% |
| 2018-12-31 | CN¥1.30 Billion | +21.99% |
| 2017-12-31 | CN¥1.06 Billion | +49.80% |
| 2016-12-31 | CN¥708.82 Million | +22.13% |
| 2015-12-31 | CN¥580.40 Million | +28.74% |
| 2014-12-31 | CN¥450.83 Million | +36.06% |
| 2013-12-31 | CN¥331.34 Million | +25.21% |
| 2012-12-31 | CN¥264.62 Million | +50.36% |
| 2011-12-31 | CN¥175.99 Million | -- |