NINGBO HENGSHUAI Co. LTD.
NINGBO HENGSHUAI Co., LTD. engages in the research and development, production, and sale of automotive motor technology and fluid technology related products worldwide. It offers driving vision washing system products that include automobile washing pumps, washing system products, active sensing washing systems of smart car advanced driving assistance systems (ADAS) sensors, and other products; a… Read more
NINGBO HENGSHUAI Co. LTD. (300969) - Total Assets
Latest total assets as of September 2025: CN¥1.98 Billion CNY
Based on the latest financial reports, NINGBO HENGSHUAI Co. LTD. (300969) holds total assets worth CN¥1.98 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.
NINGBO HENGSHUAI Co. LTD. - Total Assets Trend (2017–2024)
This chart illustrates how NINGBO HENGSHUAI Co. LTD.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NINGBO HENGSHUAI Co. LTD. - Asset Composition Analysis
Current Asset Composition (December 2024)
NINGBO HENGSHUAI Co. LTD.'s total assets of CN¥1.98 Billion consist of 66.8% current assets and 33.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.4% |
| Accounts Receivable | CN¥258.14 Million | 16.4% |
| Inventory | CN¥111.41 Million | 7.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥85.58 Million | 5.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how NINGBO HENGSHUAI 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: NINGBO HENGSHUAI Co. LTD.'s current assets represent 66.8% of total assets in 2024, a decrease from 72.8% in 2017.
- Cash Position: Cash and equivalents constituted 21.4% of total assets in 2024, up from 4.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 16.4% of total assets.
NINGBO HENGSHUAI Co. LTD. Competitors by Total Assets
Key competitors of NINGBO HENGSHUAI Co. LTD. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
NINGBO HENGSHUAI 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
Moderate asset utilization - NINGBO HENGSHUAI Co. LTD. generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, NINGBO HENGSHUAI Co. LTD. generates $ 13.56 in net profit.
NINGBO HENGSHUAI 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 | 6.06 | 4.29 | 2.30 |
| Quick Ratio | 5.59 | 3.80 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.20 Billion | CN¥ 749.41 Million | CN¥ 150.15 Million |
NINGBO HENGSHUAI Co. LTD. - Advanced Valuation Insights
This section examines the relationship between NINGBO HENGSHUAI 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 | 11.76 |
| Latest Market Cap to Assets Ratio | 1.32 |
| Asset Growth Rate (YoY) | 11.1% |
| Total Assets | CN¥1.58 Billion |
| Market Capitalization | $2.09 Billion USD |
Valuation Analysis
Above Book Valuation: The market values NINGBO HENGSHUAI Co. LTD.'s assets above their book value (1.32 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: NINGBO HENGSHUAI Co. LTD.'s assets grew by 11.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NINGBO HENGSHUAI Co. LTD. (2017–2024)
The table below shows the annual total assets of NINGBO HENGSHUAI Co. LTD. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion | +11.08% |
| 2023-12-31 | CN¥1.42 Billion | +20.77% |
| 2022-12-31 | CN¥1.17 Billion | +24.32% |
| 2021-12-31 | CN¥944.72 Million | +113.80% |
| 2020-12-31 | CN¥441.88 Million | +32.39% |
| 2019-12-31 | CN¥333.76 Million | +16.40% |
| 2018-12-31 | CN¥286.74 Million | -17.35% |
| 2017-12-31 | CN¥346.91 Million | -- |