King-Strong New Material Technology Co Ltd
Guangdong Kingstrong Technology Co., Ltd. engages in the new materials and electronic business in China. It offers power amplifier and filter modules; launching components; power amplifiers; frequency hopping filter components; TR components; switch co-address filter components; and solid-state transmitter equipment. The company also provides thermal barrier coatings, carbon fiber products, wave … Read more
King-Strong New Material Technology Co Ltd (300629) - Total Assets
Latest total assets as of September 2025: CN¥2.09 Billion CNY
Based on the latest financial reports, King-Strong New Material Technology Co Ltd (300629) holds total assets worth CN¥2.09 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.
King-Strong New Material Technology Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how King-Strong New Material Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
King-Strong New Material Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
King-Strong New Material Technology Co Ltd's total assets of CN¥2.09 Billion consist of 63.8% current assets and 36.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.2% |
| Accounts Receivable | CN¥975.42 Million | 46.7% |
| Inventory | CN¥97.69 Million | 4.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥33.38 Million | 1.6% |
| Goodwill | CN¥576.71 Million | 27.6% |
Asset Composition Trend (2008–2024)
This chart illustrates how King-Strong New Material Technology 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: King-Strong New Material Technology Co Ltd's current assets represent 63.8% of total assets in 2024, a decrease from 91.6% in 2008.
- Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, up from 4.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 46.7% of total assets.
King-Strong New Material Technology Co Ltd Competitors by Total Assets
Key competitors of King-Strong New Material Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
King-Strong New Material Technology 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 - King-Strong New Material Technology 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
Solid ROA - For every $100 in assets, King-Strong New Material Technology Co Ltd generates $5.75 in net profit.
King-Strong New Material Technology 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 | 5.23 | 7.21 | 4.44 |
| Quick Ratio | 4.61 | 6.76 | 3.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.05 Billion | CN¥ 1.13 Billion | CN¥ 471.04 Million |
King-Strong New Material Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between King-Strong New Material Technology 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 | 4.05 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | CN¥2.09 Billion |
| Market Capitalization | $632.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values King-Strong New Material Technology Co Ltd's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: King-Strong New Material Technology Co Ltd's assets grew by 6.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for King-Strong New Material Technology Co Ltd (2008–2024)
The table below shows the annual total assets of King-Strong New Material Technology Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.09 Billion | +6.54% |
| 2023-12-31 | CN¥1.96 Billion | +33.32% |
| 2022-12-31 | CN¥1.47 Billion | +11.57% |
| 2021-12-31 | CN¥1.32 Billion | +13.86% |
| 2020-12-31 | CN¥1.16 Billion | +5.41% |
| 2019-12-31 | CN¥1.10 Billion | +129.49% |
| 2018-12-31 | CN¥478.99 Million | -1.18% |
| 2017-12-31 | CN¥484.71 Million | +23.39% |
| 2016-12-31 | CN¥392.84 Million | +3.57% |
| 2015-12-31 | CN¥379.28 Million | +5.89% |
| 2014-12-31 | CN¥358.17 Million | +6.05% |
| 2013-12-31 | CN¥337.72 Million | +15.90% |
| 2012-12-31 | CN¥291.40 Million | +36.82% |
| 2011-12-31 | CN¥212.98 Million | +40.71% |
| 2010-12-31 | CN¥151.36 Million | +85.16% |
| 2009-12-31 | CN¥81.75 Million | +32.77% |
| 2008-12-31 | CN¥61.57 Million | -- |