Luoyang Xinqianglian Slewing Bearin (300850) - Total Assets
Based on the latest financial reports, Luoyang Xinqianglian Slewing Bearin (300850) holds total assets worth CN¥11.47 Billion CNY (≈ $1.68 Billion 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. Check Luoyang Xinqianglian Slewing Bearin (300850) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Luoyang Xinqianglian Slewing Bearin - Total Assets Trend (2016–2024)
This chart illustrates how Luoyang Xinqianglian Slewing Bearin's total assets have evolved over time, based on quarterly financial data. Check Luoyang Xinqianglian Slewing Bearin cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Luoyang Xinqianglian Slewing Bearin - Asset Composition Analysis
Current Asset Composition (December 2024)
Luoyang Xinqianglian Slewing Bearin's total assets of CN¥11.47 Billion consist of 43.7% current assets and 56.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 5.4% |
| Accounts Receivable | CN¥2.36 Billion | 23.6% |
| Inventory | CN¥836.61 Million | 8.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥347.18 Million | 3.5% |
| Goodwill | CN¥50.95 Million | 0.5% |
Asset Composition Trend (2016–2024)
This chart illustrates how Luoyang Xinqianglian Slewing Bearin'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 how much is Luoyang Xinqianglian Slewing Bearin worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Luoyang Xinqianglian Slewing Bearin's current assets represent 43.7% of total assets in 2024, a decrease from 62.2% in 2016.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, down from 5.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 23.6% of total assets.
Luoyang Xinqianglian Slewing Bearin Competitors by Total Assets
Key competitors of Luoyang Xinqianglian Slewing Bearin based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
China | CN¥2.60 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.08 Billion |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
China | CN¥1.20 Billion |
|
Suzhou Mingzhi Technology Co. Ltd. A
SHG:688355
|
China | CN¥1.39 Billion |
Luoyang Xinqianglian Slewing Bearin - 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 | 1.69 | 2.01 | 2.07 |
| Quick Ratio | 1.38 | 1.55 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.35 Billion | CN¥2.13 Billion | CN¥1.22 Billion |
Luoyang Xinqianglian Slewing Bearin - Advanced Valuation Insights
This section examines the relationship between Luoyang Xinqianglian Slewing Bearin'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 | 2.61 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | CN¥10.00 Billion |
| Market Capitalization | $1.71 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Luoyang Xinqianglian Slewing Bearin's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Luoyang Xinqianglian Slewing Bearin's assets grew by 3.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Luoyang Xinqianglian Slewing Bearin (2016–2024)
The table below shows the annual total assets of Luoyang Xinqianglian Slewing Bearin from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.00 Billion ≈ $1.46 Billion |
+3.41% |
| 2023-12-31 | CN¥9.67 Billion ≈ $1.42 Billion |
+5.38% |
| 2022-12-31 | CN¥9.18 Billion ≈ $1.34 Billion |
+46.73% |
| 2021-12-31 | CN¥6.26 Billion ≈ $915.50 Million |
+87.48% |
| 2020-12-31 | CN¥3.34 Billion ≈ $488.31 Million |
+229.81% |
| 2019-12-31 | CN¥1.01 Billion ≈ $148.06 Million |
+25.00% |
| 2018-12-31 | CN¥809.44 Million ≈ $118.45 Million |
+5.09% |
| 2017-12-31 | CN¥770.23 Million ≈ $112.71 Million |
-0.07% |
| 2016-12-31 | CN¥770.81 Million ≈ $112.79 Million |
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About Luoyang Xinqianglian Slewing Bearin
Luoyang Xinqianglian Slewing Bearing Co., Ltd. engages in the manufacturing of wind turbine business. The company offers wind turbine main shaft bearings, yaw bearings, pitch bearings, offshore equipment crane slewing bearings, shield machine bearings and key components, gear wheel box bearings, wind turbine locking discs, wind turbine high-speed couplings, slewing bearing rolling elements, slewi… Read more