Sinomag Technology Co Ltd (300835) - Total Assets
Based on the latest financial reports, Sinomag Technology Co Ltd (300835) holds total assets worth CN¥2.38 Billion CNY (≈ $348.92 Million USD) 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. Explore 300835 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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. See Sinomag Technology Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see market value of Sinomag Technology Co Ltd.
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.
| Company | Country | Total Assets |
|---|---|---|
|
WEG S.A.
SA:WEGE3
|
Brazil | R$43.38 Billion |
|
EVE Energy
SHE:300014
|
China | CN¥132.76 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
China | CN¥4.81 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Ningbo Sanxing Medical Electric Co Ltd
SHG:601567
|
China | CN¥24.16 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
China | CN¥9.85 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
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 | 1.45 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | CN¥2.29 Billion |
| Market Capitalization | $3.32 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Sinomag Technology Co Ltd's assets above their book value (1.45x), reflecting positive investor sentiment about the company's future prospects.
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 ≈ $334.50 Million |
+7.78% |
| 2023-12-31 | CN¥2.12 Billion ≈ $310.35 Million |
+27.80% |
| 2022-12-31 | CN¥1.66 Billion ≈ $242.84 Million |
+34.30% |
| 2021-12-31 | CN¥1.24 Billion ≈ $180.82 Million |
+16.01% |
| 2020-12-31 | CN¥1.07 Billion ≈ $155.86 Million |
+28.72% |
| 2019-12-31 | CN¥827.44 Million ≈ $121.08 Million |
+22.09% |
| 2018-12-31 | CN¥677.70 Million ≈ $99.17 Million |
+14.96% |
| 2017-12-31 | CN¥589.50 Million ≈ $86.26 Million |
+9.42% |
| 2016-12-31 | CN¥538.76 Million ≈ $78.84 Million |
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About Sinomag Technology Co Ltd
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