Luoyang Xinqianglian Slewing Bearin Total Assets
Luoyang Xinqianglian Slewing Bearin 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. Also see Luoyang Xinqianglian Slewing Bearin (300850) total market value for the company's overall valuation and market capitalisation.
Total Assets of Luoyang Xinqianglian Slewing Bearin (2016–2024)
Total assets of Luoyang Xinqianglian Slewing Bearin from 2016 to 2024. This chart illustrates how Luoyang Xinqianglian Slewing Bearin's total assets have evolved over time, based on quarterly financial data. See Luoyang Xinqianglian Slewing Bearin stock quote for real-time trading data and today's change.
Luoyang Xinqianglian Slewing Bearin - Asset Composition Analysis
Luoyang Xinqianglian Slewing Bearin Total Assets Breakdown (December 2024)
Luoyang Xinqianglian Slewing Bearin total assets breakdown as of 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. Explore working capital to net assets of Luoyang Xinqianglian Slewing Bearin to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
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 |
|
Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398
|
China | CN¥1.98 Billion |
|
Suzhou Xianglou New Material Co. Ltd.
SHE:301160
|
China | CN¥2.25 Billion |
|
Manaksia Coated Metals & Industries Limited
NSE:MANAKCOAT
|
India | Rs7.55 Billion |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
Sweden | Skr1.47 Billion |
|
Lee Ku Ind
KO:025820
|
Korea | ₩376.97 Billion |
|
Daebo Magnetic Co.Ltd
KQ:290670
|
Korea | ₩76.77 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 | 0.14 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | CN¥10.00 Billion |
| Market Capitalization | $1.37 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Luoyang Xinqianglian Slewing Bearin's assets below their book value (0.14x), 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