Sinomag Technology Co Ltd

SHE:300835 China Electrical Equipment & Parts
Market Cap
$1.24 Billion
CN¥9.07 Billion CNY
Market Cap Rank
#8665 Global
#1651 in China
Share Price
CN¥76.10
Change (1 day)
+1.33%
52-Week Range
CN¥30.88 - CN¥97.48
All Time High
CN¥97.48
About

Sinomag Technology Co., Ltd. engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide. The company offers commutator, busbar, and microinverters. Its products are used in the automobile drives, electrification systems, and car bodies. Sinomag Technology Co., Ltd. was founded in 1998 and is headquartered in Hefei, C… Read more

Sinomag Technology Co Ltd (300835) - Total Assets

Latest total assets as of June 2025: CN¥2.38 Billion CNY

Based on the latest financial reports, Sinomag Technology Co Ltd (300835) holds total assets worth CN¥2.38 Billion CNY as of June 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.

Sinomag Technology Co Ltd - Total Assets Trend (2016–2024)

This chart illustrates how Sinomag Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Sinomag Technology Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Sinomag Technology Co Ltd's total assets of CN¥2.38 Billion consist of 47.9% current assets and 52.1% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.3%
Accounts Receivable CN¥378.03 Million 16.5%
Inventory CN¥447.97 Million 19.6%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥78.23 Million 3.4%
Goodwill CN¥94.62 Million 4.1%

Asset Composition Trend (2016–2024)

This chart illustrates how Sinomag 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: Sinomag Technology Co Ltd's current assets represent 47.9% of total assets in 2024, a decrease from 50.9% in 2016.
  • Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, up from 6.5% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 5.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 19.6% of total assets.

Sinomag Technology Co Ltd Competitors by Total Assets

Key competitors of Sinomag Technology Co Ltd based on total assets are shown below.

Sinomag 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

Historical Range: 0.50 - 0.85

Moderate asset utilization - Sinomag Technology Co Ltd generates 0.51x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.48% - 11.93%

Moderate ROA - For every $100 in assets, Sinomag Technology Co Ltd generates $ 4.86 in net profit.

Sinomag 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 1.17 1.23 3.11
Quick Ratio 0.66 0.73 2.12
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥160.54 Million CN¥ 201.29 Million CN¥ 426.92 Million

Sinomag Technology Co Ltd - Advanced Valuation Insights

This section examines the relationship between Sinomag 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 5.25
Latest Market Cap to Assets Ratio 0.30
Asset Growth Rate (YoY) 7.8%
Total Assets CN¥2.29 Billion
Market Capitalization $695.16 Million USD

Valuation Analysis

Below Book Valuation: The market values Sinomag 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: Sinomag Technology Co Ltd's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Sinomag Technology Co Ltd (2016–2024)

The table below shows the annual total assets of Sinomag Technology Co Ltd from 2016 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.29 Billion +7.78%
2023-12-31 CN¥2.12 Billion +27.80%
2022-12-31 CN¥1.66 Billion +34.30%
2021-12-31 CN¥1.24 Billion +16.01%
2020-12-31 CN¥1.07 Billion +28.72%
2019-12-31 CN¥827.44 Million +22.09%
2018-12-31 CN¥677.70 Million +14.96%
2017-12-31 CN¥589.50 Million +9.42%
2016-12-31 CN¥538.76 Million --